Mining Equipment Market, By Type, By Application, By Region

Description

Mining Equipment Market is estimated to be valued at USD 1,41,741.9 Mn in 2025 and is expected to reach USD 2,16,385.7 Mn by 2032, growing at a compound annual growth rate (CAGR) of 6.23% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 1,41,741.9 Mn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	6.23%	2032 Value Projection:	USD 2,16,385.7 Mn

Mining Equipment is the machinery used for the extraction of minerals, metals, water and oil from earth. Its applications include dredging, excavating, mining, and quarrying. Blasting is a key component of mining operations and is used to break down rocks in order to extract the minerals that have been sought after. Electric blasting tools offer precise control over the explosive charges and are often a preferred choice for this purpose. Crushing is another important piece of mining equipment, and crushing machines help miners move waste materials around their site. These machines crush large volumes of rubble into dust, making them much easier to load onto trucks and other haulers.

Market Dynamics:

Increased demand for coal, iron ore, and copper is anticipated to fuel the mining equipment market. Moreover, the availability of cost-effective renewable energy sources and strict government norms on carbon emission are also contributing to the growth of this industry.

However, the factors such as stringent government regulations and incompetent infrastructures are projected to restrain growth of the global mining equipment market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global mining equipment market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global mining equipment market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Epiroc Ab, AB Volvo (Volvo Construction Equipment), Doosan Corporation, Caterpillar Inc., and Deere & Company
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global mining equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global mining equipment market

Detailed Segmentation:

Global Mining Equipment Market, By Type
- Mineral Processing Equipment
- Portable
- Stationary
- Surface Mining Equipment
- Articulated dump truck
- Crawler dozer
- Crawler excavator
- Others
- Underground Mining Equipment
- Hydraulic excavators
- Mining dozers
- Underground haulers
- Others
- Mining Drills & Breakers
- Drills
- Breakers
- Crushing, Pulverizing & Screening Equipment
- Portable
- Stationary
- Others
Global Mining Equipment Market, By Application
- Metal Mining
- Mineral Mining
- Coal Mining
Global Mining Equipment Market, By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Company Profiles
- Epiroc Ab
- AB Volvo (Volvo Construction Equipment)
- Doosan Corporation
- Caterpillar Inc.
- Deere & Company

Product Code: CMI5561

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Growing demand for underground mining equipment
Increase in consumption of natural resources in electronics industry
- Restraints
Stringent regulations by governments
Incompetent infrastructure for crushing and screening industry
- Opportunities
Growing demand for technologically developed mining equipment
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Mining Equipment Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Mining Equipment Market, By Type, 2020-2032, (US$ Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Mineral Processing Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Portable
Stationary
Surface Mining Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Articulated dump truck
Crawler dozer
Crawler excavator
Others
Underground Mining Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Hydraulic excavators
Mining dozers
Underground haulers
Others
Mining Drills & Breakers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Drills
Breakers
Crushing, Pulverizing & Screening Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Portable
Stationary
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)

6. Global Mining Equipment Market, By Application, 2020-2032, (US$ Mn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Metal Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Mineral Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)
Coal Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Million)

7. Mining Equipment Market, By Region, 2020-2032, (US$ Mn)

Introduction
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Country 2021-2032
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2020-2032,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)

8. Competitive Landscape

Epiroc Ab
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
AB Volvo (Volvo Construction Equipment)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Doosan Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Caterpillar Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Deere & Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

9. Section

Research Methodology
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