PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1930272
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1930272
Underground Mining Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2026-2034
Growth Factors of underground mining equipment Market
The global underground mining equipment market is witnessing steady growth, driven by rising demand for metals, minerals, and coal across infrastructure, energy, and manufacturing sectors. According to the report, the market size was valued at USD 34.64 billion in 2025. The market is projected to grow from USD 35.94 billion in 2026 to USD 53.75 billion by 2034, exhibiting a CAGR of 5.2% during the forecast period. In 2025, Asia Pacific dominated the market with a 41.1% share, supported by extensive mining activity in China, India, and Japan.
Underground mining equipment includes machinery used to extract ores, minerals, and coal from beneath the Earth's surface. Equipment such as loaders, trucks, bolters, drills, scalers, and underground trains are widely deployed to operate in confined underground environments. These systems are extensively used across coal mining, metal mining, and mineral mining applications.
Market Definition and Scope
Underground mining equipment plays a critical role in enabling safe, efficient, and continuous extraction of valuable resources from deep underground reserves. These machines are specifically designed to operate under harsh geological conditions, limited ventilation, narrow tunnels, and uneven terrain while improving worker safety and productivity.
The market scope covers underground mining equipment deployed across different mining methods including longwall mining, room and pillar mining, blast mining, sublevel caving, and block caving. The report also evaluates the growing adoption of electric, battery-powered, hybrid, and automated equipment, driven by stricter environmental regulations, rising energy costs, and the need for operational efficiency.
Market Dynamics
Drivers
The increasing global demand for iron, copper, gold, aluminum, silver, and coal is a primary driver of market growth. Rapid urbanization and industrial development have increased the need for construction materials such as cement and steel, which are heavily dependent on mining output. Large-scale infrastructure projects including roads, bridges, railways, tunnels, and power plants are further driving the demand for underground mining equipment.
Government initiatives and favorable mining policies in regions such as Asia Pacific and Latin America are encouraging exploration and extraction activities. According to the International Energy Agency (IEA), global mineral demand is expected to rise by 500% by 2040, strengthening long-term demand for underground mining equipment.
Trends
A key trend shaping the market is the transition toward electric and battery-powered underground mining equipment. These machines reduce greenhouse gas emissions, lower heat generation, and improve energy efficiency, making them ideal for underground environments. Leading manufacturers are also integrating automation, artificial intelligence (AI), Internet of Things (IoT), GPS sensing, and real-time monitoring systems to enhance operational accuracy and reduce downtime.
The adoption of Mining 4.0 and Mining 5.0 practices has accelerated the use of intelligent and autonomous mining equipment. For example, Sandvik AB introduced its Intelligent AutoMine System, highlighting the industry's shift toward connected and data-driven mining operations.
Restraints
High capital investment and operating costs continue to restrain market growth. Underground mining equipment typically costs between USD 500,000 and USD 1.5 million, depending on equipment type and application. Additional expenses related to maintenance, power consumption, skilled labor, and spare parts increase the overall operational cost, limiting adoption among small and medium-sized mining companies.
Impact of COVID-19
The COVID-19 pandemic disrupted global supply chains for underground mining equipment and components, leading to delivery delays and increased procurement costs. Mining operations in regions such as Latin America and the Middle East faced workforce shortages and productivity declines due to lockdown restrictions. As a result, mining output and equipment demand temporarily declined.
Post-pandemic recovery has been supported by renewed investments in mining projects, stabilization of global supply chains, and accelerated adoption of automation and digital mining technologies.
Segmentation Analysis
By Equipment Type
The loaders segment dominated the market due to strong demand for excavated materials such as copper, nickel, cobalt, and gold. Loaders accounted for a 32.88% market share in 2026, supported by their durability, versatility, and ability to operate in challenging underground conditions. Underground mining trucks are expected to grow steadily, driven by increasing adoption of electric and autonomous haulage solutions.
By Mining Method
The longwall mining segment is projected to lead the market, holding a 47.41% share in 2026, driven by high coal demand for power generation and steel manufacturing. The room and pillar mining method continues to see steady adoption due to its simplicity and widespread use in underground mining operations.
By Application
The metal mining segment is expected to register the fastest growth, capturing a 43.35% market share in 2026, driven by increasing demand for metals used in construction, electronics, energy storage, and manufacturing. Coal mining shows consistent growth, while mineral mining expands at a moderate pace.
Regional Insights
Asia Pacific dominated the underground mining equipment market, valued at USD 14.23 billion in 2025 and USD 14.9 billion in 2026, supported by extensive mining activities in China, India, and Japan. China alone is projected to reach USD 6.61 billion in 2026.
North America is the second-largest market and is expected to reach USD 6.69 billion in 2026, driven by technological advancements and mining investments in the U.S. and Canada. Europe is projected to be valued at USD 6.16 billion in 2026, supported by strong industrial activity and mineral production. Latin America is expected to reach USD 4.74 billion in 2026, driven by abundant mineral reserves and infrastructure development.
Competitive Landscape
The underground mining equipment market is competitive and moderately consolidated, with key players focusing on automation, electrification, and product innovation. Major companies operating in the market include Sandvik AB, Caterpillar Inc., Komatsu Ltd., Epiroc AB, AB Volvo, Hitachi Construction Machinery, and XCMG Group.
Key Industry Developments
- November 2023: Epiroc AB partnered with Byrnecut Mining Pty Ltd to develop an electric, low-emission automated underground loader.
- March 2023: Volvo Trucks collaborated with Boliden to introduce battery-electric trucks for underground mining operations.
- December 2022: Sandvik Mining and Rock Solutions launched the DD322i automated twin-boom drill for underground mining applications.
- November 2022: Miller Technology introduced an electric grader designed for underground mining environments.
Report Coverage
The report provides a comprehensive analysis of the global underground mining equipment market, covering market size for 2025, 2026, and 2034, along with key growth drivers, trends, restraints, COVID-19 impact, segmentation by equipment type, mining method, and application, regional outlook, competitive landscape, and recent industry developments.
Conclusion
The global underground mining equipment market demonstrates strong growth potential over the forecast period, supported by rising demand for metals, minerals, and coal across infrastructure, energy, and industrial applications. From a valuation of USD 34.64 billion in 2025, the market's expansion to USD 53.75 billion by 2034 reflects sustained investments in mining activities, particularly in emerging economies.
Technological advancements such as electric and battery-powered equipment, automation, artificial intelligence, and real-time monitoring systems are reshaping underground mining operations by improving productivity, safety, and environmental performance. The growing adoption of advanced mining practices, including Mining 4.0 and Mining 5.0, further strengthens the market outlook.
Regionally, Asia Pacific continues to lead due to extensive mining operations in China, India, and Japan, while North America and Europe benefit from technological innovation and stable mining investments. Despite challenges related to high capital and operating costs, the market remains supported by long-term mineral demand, favorable government policies, and increasing focus on sustainable mining solutions.
Segmentation By Equipment Type, By Mining Method, By Application, and By Region
Segmentation By Equipment Type
- Loaders
- Trucks
- Bolters
- Drills
- Others (Feeder Breakers and Haulage Systems)
By Mining Method
- Longwall Mining
- Room and Pillar Mining
- Blast Mining
- Others (Sublevel Caving)
By Application
- Coal Mining
- Metal Mining
- Mineral Mining
By Region
- North America (By Equipment Type, By Mining Method, By Application, and By Country)
- U.S. (By Equipment Type)
- Canada (By Equipment Type)
- Europe (By Equipment Type, By Mining Method, By Application, and By Country)
- Germany (By Equipment Type)
- U.K. (By Equipment Type)
- France (By Equipment Type)
- Italy (By Equipment Type)
- Rest of Europe
- Asia Pacific (By Equipment Type, By Mining Method, By Application, and By Country)
- China (By Equipment Type)
- Japan (By Equipment Type)
- India (By Equipment Type)
- Australia (By Equipment Type)
- Southeast Asia (By Equipment Type)
- Rest of Asia Pacific
- Middle East and Africa (By Equipment Type, By Mining Method, By Application, and By Country)
- GCC (By Equipment Type)
- South Africa (By Equipment Type)
- Rest of Middle East and Africa
- Latin America (By Equipment Type, By Mining Method, By Application, and By Country)
- Brazil(By Equipment Type)
- Mexico (By Equipment Type)
- Argentina (By Equipment Type)
- Rest of Latin America
Table of Content
1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
2. Executive Summary
3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Underground Mining Equipment Market Key Players Market Share/Ranking, 2025
5. Global Underground Mining Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034
- 5.1. Key Findings
- 5.2. By Equipment Type (USD)
- 5.2.1. Loaders
- 5.2.2. Trucks
- 5.2.3. Bolters
- 5.2.4. Drills
- 5.2.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 5.3. By Mining Method (USD)
- 5.3.1. Longwall Mining
- 5.3.2. Room and Pillar Mining
- 5.3.3. Blast Mining
- 5.3.4. Others (Sublevel Caving, etc.)
- 5.4. By Application (USD)
- 5.4.1. Coal Mining
- 5.4.2. Metal Mining
- 5.4.3. Mineral Mining
- 5.5. By Region (USD)
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Middle East and Africa
- 5.5.5. Latin America
6. North America Underground Mining Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034
- 6.1. Key Findings
- 6.2. By Equipment Type (USD)
- 6.2.1. Loaders
- 6.2.2. Trucks
- 6.2.3. Bolters
- 6.2.4. Drills
- 6.2.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 6.3. By Mining Method (USD)
- 6.3.1. Longwall Mining
- 6.3.2. Room and Pillar Mining
- 6.3.3. Blast Mining
- 6.3.4. Others (Sublevel Caving, etc.)
- 6.4. By Application (USD)
- 6.4.1. Coal Mining
- 6.4.2. Metal Mining
- 6.4.3. Mineral Mining
- 6.5. By Country (USD)
- 6.5.1. U.S.
- 6.5.1.1. By Equipment Type
- 6.5.1.1.1. Loaders
- 6.5.1.1.2. Trucks
- 6.5.1.1.3. Bolters
- 6.5.1.1.4. Drills
- 6.5.1.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 6.5.1.1. By Equipment Type
- 6.5.2. Canada
- 6.5.2.1. By Equipment Type
- 6.5.2.1.1. Loaders
- 6.5.2.1.2. Trucks
- 6.5.2.1.3. Bolters
- 6.5.2.1.4. Drills
- 6.5.2.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 6.5.2.1. By Equipment Type
- 6.5.1. U.S.
7. Europe Underground Mining Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034
- 7.1. Key Findings
- 7.2. By Equipment Type (USD)
- 7.2.1. Loaders
- 7.2.2. Trucks
- 7.2.3. Bolters
- 7.2.4. Drills
- 7.2.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 7.3. By Mining Method (USD)
- 7.3.1. Longwall Mining
- 7.3.2. Room and Pillar Mining
- 7.3.3. Blast Mining
- 7.3.4. Others (Sublevel Caving, etc.)
- 7.4. By Application (USD)
- 7.4.1. Coal Mining
- 7.4.2. Metal Mining
- 7.4.3. Mineral Mining
- 7.5. By Country (USD)
- 7.5.1. Germany
- 7.5.1.1. By Equipment Type
- 7.5.1.1.1. Loaders
- 7.5.1.1.2. Trucks
- 7.5.1.1.3. Bolters
- 7.5.1.1.4. Drills
- 7.5.1.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 7.5.1.1. By Equipment Type
- 7.5.2. U.K.
- 7.5.2.1. By Equipment Type
- 7.5.2.1.1. Loaders
- 7.5.2.1.2. Trucks
- 7.5.2.1.3. Bolters
- 7.5.2.1.4. Drills
- 7.5.2.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 7.5.2.1. By Equipment Type
- 7.5.3. France
- 7.5.3.1. By Equipment Type
- 7.5.3.1.1. Loaders
- 7.5.3.1.2. Trucks
- 7.5.3.1.3. Bolters
- 7.5.3.1.4. Drills
- 7.5.3.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 7.5.3.1. By Equipment Type
- 7.5.4. Italy
- 7.5.4.1. By Equipment Type
- 7.5.4.1.1. Loaders
- 7.5.4.1.2. Trucks
- 7.5.4.1.3. Bolters
- 7.5.4.1.4. Drills
- 7.5.4.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 7.5.4.1. By Equipment Type
- 7.5.5. Rest of Europe
- 7.5.1. Germany
8. Asia Pacific Underground Mining Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034
- 8.1. Key Findings
- 8.2. By Equipment Type (USD)
- 8.2.1. Loaders
- 8.2.2. Trucks
- 8.2.3. Bolters
- 8.2.4. Drills
- 8.2.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 8.3. By Mining Method (USD)
- 8.3.1. Longwall Mining
- 8.3.2. Room and Pillar Mining
- 8.3.3. Blast Mining
- 8.3.4. Others (Sublevel Caving, etc.)
- 8.4. By Application (USD)
- 8.4.1. Coal Mining
- 8.4.2. Metal Mining
- 8.4.3. Mineral Mining
- 8.5. By Country (USD)
- 8.5.1. China
- 8.5.1.1. By Equipment Type
- 8.5.1.1.1. Loaders
- 8.5.1.1.2. Trucks
- 8.5.1.1.3. Bolters
- 8.5.1.1.4. Drills
- 8.5.1.2. Others (Feeder Breakers, Haulage Systems, etc.)
- 8.5.1.1. By Equipment Type
- 8.5.2. Japan
- 8.5.2.1. By Equipment Type
- 8.5.2.1.1. Loaders
- 8.5.2.1.2. Trucks
- 8.5.2.1.3. Bolters
- 8.5.2.1.4. Drills
- 8.5.2.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 8.5.2.1. By Equipment Type
- 8.5.3. India
- 8.5.3.1. By Equipment Type
- 8.5.3.1.1. Loaders
- 8.5.3.1.2. Trucks
- 8.5.3.1.3. Bolters
- 8.5.3.1.4. Drills
- 8.5.3.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 8.5.3.1. By Equipment Type
- 8.5.4. Australia
- 8.5.4.1. By Equipment Type
- 8.5.4.1.1. Loaders
- 8.5.4.1.2. Trucks
- 8.5.4.1.3. Bolters
- 8.5.4.1.4. Drills
- 8.5.4.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 8.5.4.1. By Equipment Type
- 8.5.5. Southeast Asia
- 8.5.5.1. By Equipment Type
- 8.5.5.1.1. Loaders
- 8.5.5.1.2. Trucks
- 8.5.5.1.3. Bolters
- 8.5.5.1.4. Drills
- 8.5.5.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 8.5.5.1. By Equipment Type
- 8.5.6. Rest of Asia Pacific
- 8.5.1. China
9. Middle East and Africa Underground Mining Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034
- 9.1. Key Findings
- 9.2. By Equipment Type (USD)
- 9.2.1. Loaders
- 9.2.2. Trucks
- 9.2.3. Bolters
- 9.2.4. Drills
- 9.2.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 9.3. By Mining Method (USD)
- 9.3.1. Longwall Mining
- 9.3.2. Room and Pillar Mining
- 9.3.3. Blast Mining
- 9.3.4. Others (Sublevel Caving, etc.)
- 9.4. By Application (USD)
- 9.4.1. Coal Mining
- 9.4.2. Metal Mining
- 9.4.3. Mineral Mining
- 9.5. By Country (USD)
- 9.5.1. GCC
- 9.5.1.1. By Equipment Type
- 9.5.1.1.1. Loaders
- 9.5.1.1.2. Trucks
- 9.5.1.1.3. Bolters
- 9.5.1.1.4. Drills
- 9.5.1.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 9.5.1.1. By Equipment Type
- 9.5.2. South Africa
- 9.5.2.1. By Equipment Type
- 9.5.2.1.1. Loaders
- 9.5.2.1.2. Trucks
- 9.5.2.1.3. Bolters
- 9.5.2.1.4. Drills
- 9.5.2.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 9.5.2.1. By Equipment Type
- 9.5.3. Rest of Middle East and Africa
- 9.5.1. GCC
10. Latin America Underground Mining Equipment Market Size Estimates and Forecasts, By Segments, 2021-2034
- 10.1. Key Findings
- 10.2. By Equipment Type (USD)
- 10.2.1. Loaders
- 10.2.2. Trucks
- 10.2.3. Bolters
- 10.2.4. Drills
- 10.2.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 10.3. By Mining Method (USD)
- 10.3.1. Longwall Mining
- 10.3.2. Room and Pillar Mining
- 10.3.3. Blast Mining
- 10.3.4. Others (Sublevel Caving, etc.)
- 10.4. By Application (USD)
- 10.4.1. Coal Mining
- 10.4.2. Metal Mining
- 10.4.3. Mineral Mining
- 10.5. By Country (USD)
- 10.5.1. Brazil
- 10.5.1.1. By Equipment Type
- 10.5.1.1.1. Loaders
- 10.5.1.1.2. Trucks
- 10.5.1.1.3. Bolters
- 10.5.1.1.4. Drills
- 10.5.1.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 10.5.1.1. By Equipment Type
- 10.5.2. Mexico
- 10.5.2.1. By Equipment Type
- 10.5.2.1.1. Loaders
- 10.5.2.1.2. Trucks
- 10.5.2.1.3. Bolters
- 10.5.2.1.4. Drills
- 10.5.2.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 10.5.2.1. By Equipment Type
- 10.5.3. Argentina
- 10.5.3.1. By Equipment Type
- 10.5.3.1.1. Loaders
- 10.5.3.1.2. Trucks
- 10.5.3.1.3. Bolters
- 10.5.3.1.4. Drills
- 10.5.3.1.5. Others (Feeder Breakers, Haulage Systems, etc.)
- 10.5.3.1. By Equipment Type
- 10.5.4. Rest of Latin America
- 10.5.1. Brazil
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. AB Volvo
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.1.1. Overview
- 11.2. Boart Longyear
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.2.1. Overview
- 11.3. Caterpillar Inc
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.3.1. Overview
- 11.4. Epiroc AB
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.4.1. Overview
- 11.5. J.H. Fletcher & Co. (Cannon Mining Equipment)
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.5.1. Overview
- 11.6. Komatsu Ltd
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.6.1. Overview
- 11.7. SMT Scharf GmbH (RDH Mining Equipment)
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.7.1. Overview
- 11.8. Schmidt, Kranz & Co. GmbH
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.8.1. Overview
- 11.9. Sandvik AB
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.9.1. Overview
- 11.10. XCMG Group
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
- 11.10.1. Overview
List of Tables
- Table 1: Global Underground Mining Equipment Market Revenue (USD Billion) Forecast, 2021 - 2034
- Table 2: Global Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 3: Global Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Mining Method, 2021 - 2034
- Table 4: Global Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Application, 2021 - 2034
- Table 5: Global Underground Mining Equipment Market Revenue (USD Billion) Forecast, by Region, 2021 - 2034
- Table 6: North America Underground Mining Equipment Market Revenue (USD Billion) Forecast, 2021 - 2034
- Table 7: North America Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 8: North America Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Mining Method, 2021 - 2034
- Table 9: North America Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Application, 2021 - 2034
- Table 10: North America Underground Mining Equipment Market Revenue (USD Billion) Forecast, by Country, 2021 - 2034
- Table 11: U.S. Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 12: Canada Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 13: Europe Underground Mining Equipment Market Revenue (USD Billion) Forecast, 2021 - 2034
- Table 14: Europe Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 15: Europe Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Mining Method, 2021 - 2034
- Table 16: Europe Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Application, 2021 - 2034
- Table 17: Europe Underground Mining Equipment Market Revenue (USD Billion) Forecast, by Country, 2021 - 2034
- Table 18: Germany Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 19: U.K. Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 20: France Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 21: Italy Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 22: Asia Pacific Underground Mining Equipment Market Revenue (USD Billion) Forecast, 2021 - 2034
- Table 23: Asia Pacific Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 24: Asia Pacific Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Mining Method, 2021 - 2034
- Table 25: Asia Pacific Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Application, 2021 - 2034
- Table 26: Asia Pacific Underground Mining Equipment Market Revenue (USD Billion) Forecast, by Country, 2021 - 2034
- Table 27: China Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 28: Japan Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 29: India Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 30: Australia Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 31: Southeast Asia Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 32: Middle East and Africa Underground Mining Equipment Market Revenue (USD Billion) Forecast, 2021 - 2034
- Table 33: Middle East and Africa Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 34: Middle East and Africa Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Mining Method, 2021 - 2034
- Table 35: Middle East and Africa Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Application, 2021 - 2034
- Table 36: Middle East and Africa Underground Mining Equipment Market Revenue (USD Billion) Forecast, by Country, 2021 - 2034
- Table 37: GCC Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 38: South Africa Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 39: Latin America Underground Mining Equipment Market Revenue (USD Billion) Forecast, 2021 - 2034
- Table 40: Latin America Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 41: Latin America Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Mining Method, 2021 - 2034
- Table 42: Latin America Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Application, 2021 - 2034
- Table 43: Latin America Underground Mining Equipment Market Revenue (USD Billion) Forecast, by Country, 2021 - 2034
- Table 44: Brazil Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 45: Mexico Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
- Table 46: Argentina Underground Mining Equipment Market Revenue (USD Billion) Forecast, By Equipment Type, 2021 - 2034
List of Figures
- Figure 1: Global Underground Mining Equipment Market Revenue Share (%) Forecast, 2025 & 2034
- Figure 2: Global Underground Mining Equipment Market Revenue Share (%) Forecast, By Equipment Type, 2025 & 2034
- Figure 3: Global Underground Mining Equipment Market Revenue Share (%) Forecast, By Mining Method, 2025 & 2034
- Figure 4: Global Underground Mining Equipment Market Revenue Share (%) Forecast, By Application, 2025 & 2034
- Figure 5: Global Underground Mining Equipment Market Revenue Share (%) Forecast, By Region, 2025 & 2034
- Figure 6: North America Underground Mining Equipment Market Revenue Share (%) Forecast, 2025 & 2034
- Figure 7: North America Underground Mining Equipment Market Revenue Share (%) Forecast, By Equipment Type, 2025 & 2034
- Figure 8: North America Underground Mining Equipment Market Revenue Share (%) Forecast, By Mining Method, 2025 & 2034
- Figure 9: North America Underground Mining Equipment Market Revenue Share (%) Forecast, By Application, 2025 & 2034
- Figure 10: North America Underground Mining Equipment Market Revenue Share (%) Forecast, By Country, 2025 & 2034
- Figure 11: Europe Underground Mining Equipment Market Revenue Share (%) Forecast, 2025 & 2034
- Figure 12: Europe Underground Mining Equipment Market Revenue Share (%) Forecast, By Equipment Type, 2025 & 2034
- Figure 13: Europe Underground Mining Equipment Market Revenue Share (%) Forecast, By Mining Method, 2025 & 2034
- Figure 14: Europe Underground Mining Equipment Market Revenue Share (%) Forecast, By Application, 2025 & 2034
- Figure 15: Europe Underground Mining Equipment Market Revenue Share (%) Forecast, By Country, 2025 & 2034
- Figure 16: Asia Pacific Underground Mining Equipment Market Revenue Share (%) Forecast, 2025 & 2034
- Figure 17: Asia Pacific Underground Mining Equipment Market Revenue Share (%) Forecast, By Equipment Type, 2025 & 2034
- Figure 18: Asia Pacific Underground Mining Equipment Market Revenue Share (%) Forecast, By Mining Method, 2025 & 2034
- Figure 19: Asia Pacific Underground Mining Equipment Market Revenue Share (%) Forecast, By Application, 2025 & 2034
- Figure 20: Asia Pacific Underground Mining Equipment Market Revenue Share (%) Forecast, By Country, 2025 & 2034
- Figure 21: Middle East and Africa Underground Mining Equipment Market Revenue Share (%) Forecast, 2025 & 2034
- Figure 22: Middle East and Africa Underground Mining Equipment Market Revenue Share (%) Forecast, By Equipment Type, 2025 & 2034
- Figure 23: Middle East and Africa Underground Mining Equipment Market Revenue Share (%) Forecast, By Mining Method, 2025 & 2034
- Figure 24: Middle East and Africa Underground Mining Equipment Market Revenue Share (%) Forecast, By Application, 2025 & 2034
- Figure 25: Middle East and Africa Underground Mining Equipment Market Revenue Share (%) Forecast, By Country, 2025 & 2034
- Figure 26: Latin America Underground Mining Equipment Market Revenue Share (%) Forecast, 2025 & 2034
- Figure 27: Latin America Underground Mining Equipment Market Revenue Share (%) Forecast, By Equipment Type, 2025 & 2034
- Figure 28: Latin America Underground Mining Equipment Market Revenue Share (%) Forecast, By Mining Method, 2025 & 2034
- Figure 29: Latin America Underground Mining Equipment Market Revenue Share (%) Forecast, By Application, 2025 & 2034
- Figure 30: Latin America Underground Mining Equipment Market Revenue Share (%) Forecast, By Country, 2025 & 2034
- Figure 31: Global Underground Mining Equipment Key Players' Market Share/Ranking (%), 2025
