Mining Equipment Market Size By Product, By Application & Forecast, 2023

Description

List of Tables

Mining Equipment Market is speculated to generate profitable gains over the span of 2023 to 2032 fueled by rising investments in the mining industry across leading countries including India, Brazil, and China, amongst others. Reports suggest that the mining industry in Brazil is expected to invest more than USD 40 billion through 2026.

Ongoing innovations and digitization trends around mining equipment industry would drive the business revenue through the coming years. Companies are leaving no stone unturned to build on these trends by launching advanced mining equipment solutions to cater to the expanding sectoral developments. For instance, Caterpillar demonstrated its first battery electric large mining truck in 2022. Alongside, the company also announced its plans of investing in sustainable proving ground for testing and validation purposes.

Overall, the global mining equipment market is divided into product, application, and region.

On the basis of product, the market share for underground mining equipment would amass considerable revenue in the ensuing years. Surge in demand for metal and commodities and use of electric machinery in the equipment would support the segmental expansion. Underground mining equipment such as loaders, trucks, diggers, and more, are used to excavate resources and minerals such as coal, gold, and copper.

Considering the application, mining equipment is largely being used in mineral excavation processes given the growing mineral usage in construction, healthcare, and pharmaceutical sectors. As per reports, Americans use more than 3 tons of coal and nearly 40,000 pounds of newly mined materials annually. Global economies are adopting different marketing strategies to boost their mineral mining. Citing an instance, Erdene Resource Development inked a strategic alliance with Mongolian Mining Corporation to develop the Bayan Khundii Gold Project in Southwestern Mongolia. Moreover, the agreements would see the former company investing around USD 40 million in EM in 3 stages.

Regionally, Middle East and Africa mining equipment market would foresee positive trajectory during the analysis timeline. Government policies to upgrade the industrial sector in countries such as Saudi Arabia and South Africa would contribute to the escalating market dynamics. In addition, growing mineral production and stabilizing commodity prices in the UAE have led to the initiation of various mineral projects. As per the industry experts, the mineral and metals sector in the United Arab Emirates is anticipated to grow at 3% growth rate, accounting for USD 10 billion by 2025.

Product Code: 793

Chapter 1 Methodology and Scope

1.1 Scope & definitions
1.2 Base estimates and calculations
1.3 Forecast calculations
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Mining equipment industry 360 degree synopsis, 2018-2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Product trends
2.5 Application trends

Chapter 3 Mining Equipment Market Industry Insights

3.1 Impact of COVID-19
- 3.1.1 North America
- 3.1.2 Europe
- 3.1.3 Asia Pacific
- 3.1.4 Latin America
- 3.1.5 MEA
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
- 3.3.1 Raw material suppliers
- 3.3.2 Component suppliers
- 3.3.3 Technology providers
- 3.3.4 Manufacturers
- 3.3.5 Distributors
- 3.3.6 End-users
- 3.3.7 Profit margin analysis
- 3.3.8 Vendor Matrix
3.4 Technology & innovation landscape
- 3.4.1 Impact of IoT & digitization
- 3.4.2 Robotics and automation
- 3.4.3 Telematics & GPS Technology
- 3.4.4 Sensors and inspection devices
3.5 Patent analysis
3.6 Key initiatives and news
- 3.6.1 New product launch
- 3.6.2 Partnerships/Collaborations
- 3.6.3 Business Expansion
3.7 Regulatory landscape
3.8 Industry impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Growing demand for resources in Europe and North America
  - 3.8.1.2 Increasing investment in innovation and digitalization in Asia Pacific and Latin America
  - 3.8.1.3 Rising deployment of advanced technologies in mining equipment to increase ROI from mining operations
  - 3.8.1.4 Replacement of the ageing fleet in Middle East and Africa
  - 3.8.1.5 Increasing demand for metals from construction and manufacturing industry across the globe
- 3.8.2 Industry pitfalls & challenges
  - 3.8.2.1 High cost associated with mining equipment
  - 3.8.2.2 Strict emission regulations
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Company 1
- 4.3.2 Company 2
- 4.3.3 Company 3
- 4.3.4 Company 4
- 4.3.5 Company 5
- 4.3.6 Company 6
4.4 Competitive positioning matrix
4.5 Strategic outlook matrix

Chapter 5 Mining Equipment Market, By Product (Revenue and Shipments)

5.1 Key trends, by product
5.2 Mining drills & breakers
- 5.2.1 Market estimates and forecast, 2018-2032
5.3 Crushing, pulverising & screening equipment
- 5.3.1 Market estimates and forecast, 2018-2032
5.4 Mineral processing machinery
- 5.4.1 Market estimates and forecast, 2018-2032
5.5 Surface mining equipment
- 5.5.1 Market estimates and forecast, 2018-2032
5.6 Underground mining machinery
- 5.6.1 Market estimates and forecast, 2018-2032
5.7 Other mining machinery
- 5.7.1 Market estimates and forecast, 2018-2032

Chapter 6 Mining Equipment Market, By Application (Revenue and Shipments)

6.1 Key trends, by application
6.2 Metal mining
- 6.2.1 Market estimates and forecast, 2018-2032
6.3 Mineral mining
- 6.3.1 Market estimates and forecast, 2018-2032
6.4 Coal mining
- 6.4.1 Market estimates and forecast, 2018-2032

Chapter 7 Mining Equipment Market, By Region (Revenue and Shipments)

7.1 Key trends, by region
7.2 North America
- 7.2.1 Market estimates and forecast, 2018-2032
- 7.2.2 Market estimates and forecast, by product, 2018-2032
- 7.2.3 Market estimates and forecast, by application, 2018-2032
- 7.2.4 U.S.
  - 7.2.4.1 Market estimates and forecast, 2018-2032
  - 7.2.4.2 Market estimates and forecast, by product, 2018-2032
  - 7.2.4.3 Market estimates and forecast, by application, 2018-2032
- 7.2.5 Canada
  - 7.2.5.1 Market estimates and forecast, 2018-2032
  - 7.2.5.2 Market estimates and forecast, by product, 2018-2032
  - 7.2.5.3 Market estimates and forecast, by application, 2018-2032
7.3 Europe
- 7.3.1 Market estimates and forecast, 2018-2032
- 7.3.2 Market estimates and forecast, by product, 2018-2032
- 7.3.3 Market estimates and forecast, by application, 2018-2032
- 7.3.4 UK
  - 7.3.4.1 Market estimates and forecast, 2018-2032
  - 7.3.4.2 Market estimates and forecast, by product, 2018-2032
  - 7.3.4.3 Market estimates and forecast, by application, 2018-2032
- 7.3.5 Germany
  - 7.3.5.1 Market estimates and forecast, 2018-2032
  - 7.3.5.2 Market estimates and forecast, by product, 2018-2032
  - 7.3.5.3 Market estimates and forecast, by application, 2018-2032
- 7.3.6 France
  - 7.3.6.1 Market estimates and forecast, 2018-2032
  - 7.3.6.2 Market estimates and forecast, by product, 2018-2032
  - 7.3.6.3 Market estimates and forecast, by application, 2018-2032
- 7.3.7 Italy
  - 7.3.7.1 Market estimates and forecast, 2018-2032
  - 7.3.7.2 Market estimates and forecast, by product, 2018-2032
  - 7.3.7.3 Market estimates and forecast, by application, 2018-2032
- 7.3.8 Russia
  - 7.3.8.1 Market estimates and forecast, 2018-2032
  - 7.3.8.2 Market estimates and forecast, by product, 2018-2032
  - 7.3.8.3 Market estimates and forecast, by application, 2018-2032
7.4 Asia Pacific
- 7.4.1 Market estimates and forecast, 2018-2032
- 7.4.2 Market estimates and forecast, by product, 2018-2032
- 7.4.3 Market estimates and forecast, by application, 2018-2032
- 7.4.4 China
  - 7.4.4.1 Market estimates and forecast, 2018-2032
  - 7.4.4.2 Market estimates and forecast, by product, 2018-2032
  - 7.4.4.3 Market estimates and forecast, by application, 2018-2032
- 7.4.5 India
  - 7.4.5.1 Market estimates and forecast, 2018-2032
  - 7.4.5.2 Market estimates and forecast, by product, 2018-2032
  - 7.4.5.3 Market estimates and forecast, by application, 2018-2032
- 7.4.6 Japan
  - 7.4.6.1 Market estimates and forecast, 2018-2032
  - 7.4.6.2 Market estimates and forecast, by product, 2018-2032
  - 7.4.6.3 Market estimates and forecast, by application, 2018-2032
- 7.4.7 South Korea
  - 7.4.7.1 Market estimates and forecast, 2018-2032
  - 7.4.7.2 Market estimates and forecast, by product, 2018-2032
  - 7.4.7.3 Market estimates and forecast, by application, 2018-2032
- 7.4.8 Australia
  - 7.4.8.1 Market estimates and forecast, 2018-2032
  - 7.4.8.2 Market estimates and forecast, by product, 2018-2032
  - 7.4.8.3 Market estimates and forecast, by application, 2018-2032
7.5 Latin America
- 7.5.1 Market estimates and forecast, 2018-2032
- 7.5.2 Market estimates and forecast, by product, 2018-2032
- 7.5.3 Market estimates and forecast, by application, 2018-2032
- 7.5.4 Brazil
  - 7.5.4.1 Market estimates and forecast, 2018-2032
  - 7.5.4.2 Market estimates and forecast, by product, 2018-2032
  - 7.5.4.3 Market estimates and forecast, by application, 2018-2032
- 7.5.5 Mexico
  - 7.5.5.1 Market estimates and forecast, 2018-2032
  - 7.5.5.2 Market estimates and forecast, by product, 2018-2032
  - 7.5.5.3 Market estimates and forecast, by application, 2018-2032
- 7.5.6 Colombia
  - 7.5.6.1 Market estimates and forecast, 2018-2032
  - 7.5.6.2 Market estimates and forecast, by product, 2018-2032
  - 7.5.6.3 Market estimates and forecast, by application, 2018-2032
7.6 MEA
- 7.6.1 Market estimates and forecast, 2018-2032
- 7.6.2 Market estimates and forecast, by product, 2018-2032
- 7.6.3 Market estimates and forecast, by application, 2018-2032
- 7.6.4 UAE
  - 7.6.4.1 Market estimates and forecast, 2018-2032
  - 7.6.4.2 Market estimates and forecast, by product, 2018-2032
  - 7.6.4.3 Market estimates and forecast, by application, 2018-2032
- 7.6.5 Saudi Arabia
  - 7.6.5.1 Market estimates and forecast, 2018-2032
  - 7.6.5.2 Market estimates and forecast, by product, 2018-2032
  - 7.6.5.3 Market estimates and forecast, by application, 2018-2032
- 7.6.6 South Africa
  - 7.6.6.1 Market estimates and forecast, 2018-2032
  - 7.6.6.2 Market estimates and forecast, by product, 2018-2032
  - 7.6.6.3 Market estimates and forecast, by application, 2018-2032

Chapter 8 Company Profiles

8.1 Caterpillar, Inc.
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
8.2 CNH Industrial NV
- 8.2.1 Business Overview
- 8.2.2 Financial Data
- 8.2.3 Product Landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT Analysis
8.3 Doosan Corporation
- 8.3.1 Business Overview
- 8.3.2 Financial Data
- 8.3.3 Product Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT Analysis
8.4 Epiroc AB
- 8.4.1 Business Overview
- 8.4.2 Financial Data
- 8.4.3 Product Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT Analysis
8.5 FLSmidth & Co. A/S
- 8.5.1 Business Overview
- 8.5.2 Financial Data
- 8.5.3 Product Landscape
- 8.5.4 Strategic Outlook
- 8.5.5 SWOT Analysis
8.6 Hitachi Construction Machinery Co., Ltd.
- 8.6.1 Business Overview
- 8.6.2 Financial Data
- 8.6.3 Product Landscape
- 8.6.4 Strategic Outlook
- 8.6.5 SWOT Analysis
8.7 Hyundai Construction Equipment Co., Ltd.
- 8.7.1 Business Overview
- 8.7.2 Financial Data
- 8.7.3 Product Landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT Analysis
8.8 J C Bamford Excavators Ltd. (JCB)
- 8.8.1 Business Overview
- 8.8.2 Financial Data
- 8.8.3 Product Landscape
- 8.8.4 Strategic Outlook
- 8.8.5 SWOT Analysis
8.9 Komatsu Ltd.
- 8.9.1 Business Overview
- 8.9.2 Financial Data
- 8.9.3 Product Landscape
- 8.9.4 Strategic Outlook
- 8.9.5 SWOT Analysis
8.10 Leibherr Group
- 8.10.1 Business Overview
- 8.10.2 Financial Data
- 8.10.3 Product Landscape
- 8.10.4 Strategic Outlook
- 8.10.5 SWOT Analysis
8.11 Metso Outotec Oyj
- 8.11.1 Business Overview
- 8.11.2 Financial Data
- 8.11.3 Product Landscape
- 8.11.4 Strategic Outlook
- 8.11.5 SWOT Analysis
8.12 Sandvik AB
- 8.12.1 Business Overview
- 8.12.2 Financial Data
- 8.12.3 Product Landscape
- 8.12.4 Strategic Outlook
- 8.12.5 SWOT Analysis
8.13 SANY Group
- 8.13.1 Business Overview
- 8.13.2 Financial Data
- 8.13.3 Product Landscape
- 8.13.4 Strategic Outlook
- 8.13.5 SWOT Analysis
8.14 Terex Corporation
- 8.14.1 Business Overview
- 8.14.2 Financial Data
- 8.14.3 Product Landscape
- 8.14.4 Strategic Outlook
- 8.14.5 SWOT Analysis
8.15 Volvo Construction Equipment
- 8.15.1 Business Overview
- 8.15.2 Financial Data
- 8.15.3 Product Landscape
- 8.15.4 Strategic Outlook
- 8.15.5 SWOT Analysis