April 22, 2024

Mining Equipment Market Size to Hit Around US$ 392.6 bn by 2030

Precedence Research a new report on mining equipment market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global mining equipment market size was valued at US$ 152.8 billion in 2021. The global mining equipment market is projected to reach US$ 392.6 billion by 2030, registering a compound annual growth rate (CAGR) of 11.05% during the forecast period from 2022 to 2030.

Mining Equipment Market

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The global mining equipment market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2030. The report offers a detailed analysis and information as per mining equipment, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

Mining Equipment Market Report Scope 
Report Coverage Details
Market Size in 2022 USD 169.69 Billion
Market Size by 2030 USD 392.6 Billion
Growth Rate from 2022 to 2030 CAGR of 11.05%
Base Year 2021
Forecast Period 2022 to 2030
Market Segmentation By Solution, Propulsion, Application, Powertrain Type,Category and Regions

The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.

Read Also@ Protective Coatings Market Size to Hit Around US$ 21.7 billion by 2030

Some of the prominent players in the mining equipment market include:
  • Akzo Nobel N.V.
  • Arkema Inc., Linde Plc
  • The Chemours Company
  • Shell plc
  • Henkel AG & Co.
  • CPMC Holdings Ltd.
  • Ball Corporation
  • Toyo Seikan Co. Ltd.
  • Guangdong Sihai Iron-Printing and Tin-Making Co., Ltd.
Mining Equipment Market Segmentation

By Solution

  • Products
  • Services

By Propulsion

  • Diesel
  • CNG/LNG/RNG

By Application

  • Mineral
  • Metal
  • Coal

By Powertrain Type

  • IC Engine Vehicle
  • Electric Vehicle

By Category

  • Crushing, Pulverizing, Screening Machinery
  • Mineral processing Backhoe Loader
  • Surface Mining Machinery (Crawler Excavators, Crawler Dozers, Motor Graders, Rigid Dump Trucks, and Articulated Dump Trucks)
  • Underground Mining Machinery (Electric Shovels, Hydraulic Excavators, Wheeled Loaders, Mining Dozers, Mining Trucks, and Drills)

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Key Questions are

  • What are the key factors influencing the mining equipment market in each region?
  • How much value will the global market generate by the end of the forecast period?
  • What will be the CAGR of the global market between 2022 and 2030?
  • What would be the Y-o-Y growth trend of the global market between 2022 and 2030?
  • What is the future scope and current trends in technologies of the global market?
  • What is the revenue of the global market based on segments?
  • Which key strategies are used by top players of the global market?
  • Which are the leading companies in the global market?
  • What are the essential strategies by key stakeholders in the market to expand their geographic presence?
  • What are the major advancements witnessed in the global market?

Research Objectives and Research Approach

The comprehensive report on the global mining equipment market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global mining equipment market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global mining equipment market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2030 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.

Why should you invest in this report?

If you are aiming to enter the global mining equipment market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for mining equipment are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Mining Equipment Market 

5.1. COVID-19 Landscape: Mining Equipment Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Mining Equipment Market, By Solution

8.1. Mining Equipment Market, by Solution, 2022-2030

8.1.1. Products

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Services

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Mining Equipment Market, By Propulsion

9.1. Mining Equipment Market, by Propulsion, 2022-2030

9.1.1. Diesel

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. CNG/LNG/RNG

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Mining Equipment Market, By Application 

10.1. Mining Equipment Market, by Application, 2022-2030

10.1.1. Mineral

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Metal

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Coal

10.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Mining Equipment Market, By Powertrain Type

11.1. Mining Equipment Market, by Powertrain Type, 2022-2030

11.1.1. IC Engine Vehicle

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Electric Vehicle

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Foundry

11.1.3.1. Market Revenue and Forecast (2017-2030)

11.1.4. Analog

11.1.4.1. Market Revenue and Forecast (2017-2030)

11.1.5. Others

11.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Mining Equipment Market, By Category

12.1. Mining Equipment Market, by Category, 2022-2030

12.1.1. Crushing, Pulverizing, Screening Machinery

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Mineral processing Backhoe Loader

12.1.2.1. Market Revenue and Forecast (2017-2030)

12.1.3. Surface Mining Machinery

12.1.3.1. Market Revenue and Forecast (2017-2030)

12.1.4. Underground Mining Machinery

12.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Mining Equipment Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Solution (2017-2030)

13.1.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.1.3. Market Revenue and Forecast, by Application (2017-2030)

13.1.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.1.5. Market Revenue and Forecast, by Category (2017-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Solution (2017-2030)

13.1.6.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.1.6.3. Market Revenue and Forecast, by Application (2017-2030)

13.1.6.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.1.7. Market Revenue and Forecast, by Category (2017-2030)

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Solution (2017-2030)

13.1.8.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.1.8.3. Market Revenue and Forecast, by Application (2017-2030)

13.1.8.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.1.8.5. Market Revenue and Forecast, by Category (2017-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Solution (2017-2030)

13.2.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.2.3. Market Revenue and Forecast, by Application (2017-2030)

13.2.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.2.5. Market Revenue and Forecast, by Category (2017-2030)

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Solution (2017-2030)

13.2.6.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.2.6.3. Market Revenue and Forecast, by Application (2017-2030)

13.2.7. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.2.8. Market Revenue and Forecast, by Category (2017-2030)

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Solution (2017-2030)

13.2.9.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.2.9.3. Market Revenue and Forecast, by Application (2017-2030)

13.2.10. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.2.11. Market Revenue and Forecast, by Category (2017-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Solution (2017-2030)

13.2.12.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.2.12.3. Market Revenue and Forecast, by Application (2017-2030)

13.2.12.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.2.13. Market Revenue and Forecast, by Category (2017-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Solution (2017-2030)

13.2.14.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.2.14.3. Market Revenue and Forecast, by Application (2017-2030)

13.2.14.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.2.15. Market Revenue and Forecast, by Category (2017-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Solution (2017-2030)

13.3.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.3.3. Market Revenue and Forecast, by Application (2017-2030)

13.3.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.3.5. Market Revenue and Forecast, by Category (2017-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Solution (2017-2030)

13.3.6.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.3.6.3. Market Revenue and Forecast, by Application (2017-2030)

13.3.6.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.3.7. Market Revenue and Forecast, by Category (2017-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Solution (2017-2030)

13.3.8.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.3.8.3. Market Revenue and Forecast, by Application (2017-2030)

13.3.8.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.3.9. Market Revenue and Forecast, by Category (2017-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Solution (2017-2030)

13.3.10.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.3.10.3. Market Revenue and Forecast, by Application (2017-2030)

13.3.10.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.3.10.5. Market Revenue and Forecast, by Category (2017-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Solution (2017-2030)

13.3.11.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.3.11.3. Market Revenue and Forecast, by Application (2017-2030)

13.3.11.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.3.11.5. Market Revenue and Forecast, by Category (2017-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Solution (2017-2030)

13.4.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.4.3. Market Revenue and Forecast, by Application (2017-2030)

13.4.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.4.5. Market Revenue and Forecast, by Category (2017-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Solution (2017-2030)

13.4.6.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.4.6.3. Market Revenue and Forecast, by Application (2017-2030)

13.4.6.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.4.7. Market Revenue and Forecast, by Category (2017-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Solution (2017-2030)

13.4.8.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.4.8.3. Market Revenue and Forecast, by Application (2017-2030)

13.4.8.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.4.9. Market Revenue and Forecast, by Category (2017-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Solution (2017-2030)

13.4.10.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.4.10.3. Market Revenue and Forecast, by Application (2017-2030)

13.4.10.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.4.10.5. Market Revenue and Forecast, by Category (2017-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Solution (2017-2030)

13.4.11.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.4.11.3. Market Revenue and Forecast, by Application (2017-2030)

13.4.11.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.4.11.5. Market Revenue and Forecast, by Category (2017-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Solution (2017-2030)

13.5.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.5.3. Market Revenue and Forecast, by Application (2017-2030)

13.5.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.5.5. Market Revenue and Forecast, by Category (2017-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Solution (2017-2030)

13.5.6.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.5.6.3. Market Revenue and Forecast, by Application (2017-2030)

13.5.6.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.5.7. Market Revenue and Forecast, by Category (2017-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Solution (2017-2030)

13.5.8.2. Market Revenue and Forecast, by Propulsion (2017-2030)

13.5.8.3. Market Revenue and Forecast, by Application (2017-2030)

13.5.8.4. Market Revenue and Forecast, by Powertrain Type (2017-2030)

13.5.8.5. Market Revenue and Forecast, by Category (2017-2030)

Chapter 14. Company Profiles

14.1. Akzo Nobel N.V.

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Arkema Inc., Linde Plc

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. The Chemours Company

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Shell plc

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Henkel AG & Co.

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. CPMC Holdings Ltd

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Ball Corporation

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Toyo Seikan Co. Ltd.

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Guangdong Sihai Iron-Printing and Tin-Making Co., Ltd.

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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