Global Underground Mining Equipment Market 2022-2026

Description

List of Tables

Technavio has been monitoring the underground mining equipment market and it is poised to grow by $ 5.93 bn during 2022-2026, decelerating at a CAGR of 3.81% during the forecast period. Our report on the underground mining equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the availability of efficient and safe underground mining equipment, rising demand for precious metals, and growing demand for cobalt owing to the increasing adoption of electric vehicles.

The underground mining equipment market analysis includes the application segment and geographic landscape.

Technavio's underground mining equipment market is segmented as below:

By Application

Room and pillar mining
Longwall mining
Borehole mining
Others

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the technological advances in underground mining equipment as one of the prime reasons driving the underground mining equipment market growth during the next few years. Also, increasing focus on conserving the environment and emission control and increased use of artificial intelligence (ai), deep learning (dl), and machine learning (ML) technologies will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the underground mining equipment market covers the following areas:

Underground mining equipment market sizing
Underground mining equipment market forecast
Underground mining equipment market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading underground mining equipment market vendors that include AB Volvo, Atlas Copco AB, Boart Longyear Ltd, Caterpillar Inc., CME Blasting and Mining Equipment Ltd, CMM Cocental SAS, FURUKAWA Co. Ltd, Guizhou Sinodrills Equipment Co. Ltd, Hitachi Construction Machinery Co. Ltd., Kennametal Inc., Komatsu Ltd., Mindrill Systems and Solutions Pvt. Ltd., Resemin SA, REVATHI EQUIPMENT Ltd, ROCKMORE International Inc., Sandvik AB, Schmidt Kranz and Co Gmbh, Sulzer Ltd., TEI Rock Drills, and Yantai Jiaxiang Mining Machinery Co Ltd. Also, the underground mining equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR41140

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments
Exhibit 24: Chart on Application - Market share 2021-2026 (%)
Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
5.2 Comparison by Application
Exhibit 26: Chart on Comparison by Application
Exhibit 27: Data Table on Comparison by Application
5.3 Room and pillar mining - Market size and forecast 2021-2026
Exhibit 28: Chart on Room and pillar mining - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Room and pillar mining - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Room and pillar mining - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Room and pillar mining - Year-over-year growth 2021-2026 (%)
5.4 Longwall mining - Market size and forecast 2021-2026
Exhibit 32: Chart on Longwall mining - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Longwall mining - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Longwall mining - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Longwall mining - Year-over-year growth 2021-2026 (%)
5.5 Borehole mining - Market size and forecast 2021-2026
Exhibit 36: Chart on Borehole mining - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Borehole mining - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Borehole mining - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Borehole mining - Year-over-year growth 2021-2026 (%)
5.6 Others - Market size and forecast 2021-2026
Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
5.7 Market opportunity by Application
Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overview
Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
Exhibit 46: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibit 47: Data Table on Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.4 North America - Market size and forecast 2021-2026
Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.5 Europe - Market size and forecast 2021-2026
Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 China - Market size and forecast 2021-2026
Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
7.9 US - Market size and forecast 2021-2026
Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
7.10 Russia - Market size and forecast 2021-2026
Exhibit 78: Chart on Russia - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Russia - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Russia - Year-over-year growth 2021-2026 (%)
7.11 India - Market size and forecast 2021-2026
Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
7.12 Australia - Market size and forecast 2021-2026
Exhibit 86: Chart on Australia - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on Australia - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on Australia - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity By Geographical Landscape
Exhibit 90: Market opportunity By Geographical Landscape ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 91: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends

9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 93: Overview on factors of disruption
9.4 Industry risks
Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
Exhibit 95: Vendors covered
10.2 Market positioning of vendors
Exhibit 96: Matrix on vendor position and classification
10.3 Atlas Copco AB
Exhibit 97: Atlas Copco AB - Overview
Exhibit 98: Atlas Copco AB - Business segments
Exhibit 99: Atlas Copco AB - Key news
Exhibit 100: Atlas Copco AB - Key offerings
Exhibit 101: Atlas Copco AB - Segment focus
10.4 Boart Longyear Ltd
Exhibit 102: Boart Longyear Ltd - Overview
Exhibit 103: Boart Longyear Ltd - Business segments
Exhibit 104: Boart Longyear Ltd - Key offerings
Exhibit 105: Boart Longyear Ltd - Segment focus
10.5 Caterpillar Inc.
Exhibit 106: Caterpillar Inc. - Overview
Exhibit 107: Caterpillar Inc. - Business segments
Exhibit 108: Caterpillar Inc. - Key offerings
Exhibit 109: Caterpillar Inc. - Segment focus
10.6 FURUKAWA Co. Ltd
Exhibit 110: FURUKAWA Co. Ltd - Overview
Exhibit 111: FURUKAWA Co. Ltd - Business segments
Exhibit 112: FURUKAWA Co. Ltd - Key offerings
Exhibit 113: FURUKAWA Co. Ltd - Segment focus
10.7 Guizhou Sinodrills Equipment Co. Ltd
Exhibit 114: Guizhou Sinodrills Equipment Co. Ltd - Overview
Exhibit 115: Guizhou Sinodrills Equipment Co. Ltd - Product / Service
Exhibit 116: Guizhou Sinodrills Equipment Co. Ltd - Key offerings
10.8 Hitachi Construction Machinery Co. Ltd.
Exhibit 117: Hitachi Construction Machinery Co. Ltd. - Overview
Exhibit 118: Hitachi Construction Machinery Co. Ltd. - Product / Service
Exhibit 119: Hitachi Construction Machinery Co. Ltd. - Key offerings
10.9 Kennametal Inc.
Exhibit 120: Kennametal Inc. - Overview
Exhibit 121: Kennametal Inc. - Business segments
Exhibit 122: Kennametal Inc. - Key news
Exhibit 123: Kennametal Inc. - Key offerings
Exhibit 124: Kennametal Inc. - Segment focus
10.10 Komatsu Ltd.
Exhibit 125: Komatsu Ltd. - Overview
Exhibit 126: Komatsu Ltd. - Business segments
Exhibit 127: Komatsu Ltd. - Key news
Exhibit 128: Komatsu Ltd. - Key offerings
Exhibit 129: Komatsu Ltd. - Segment focus
10.11 Resemin SA
Exhibit 130: Resemin SA - Overview
Exhibit 131: Resemin SA - Product / Service
Exhibit 132: Resemin SA - Key offerings
10.12 Sandvik AB
Exhibit 133: Sandvik AB - Overview
Exhibit 134: Sandvik AB - Business segments
Exhibit 135: Sandvik AB - Key news
Exhibit 136: Sandvik AB - Key offerings
Exhibit 137: Sandvik AB - Segment focus

11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 138: Inclusions checklist
Exhibit 139: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 140: Currency conversion rates for US$
11.4 Research methodology
Exhibit 141: Research methodology
Exhibit 142: Validation techniques employed for market sizing
Exhibit 143: Information sources
11.5 List of abbreviations
Exhibit 144: List of abbreviations