Global Mining Equipment Market Outlook, 2030

The global mining equipment market was valued at over USD 143.65 billion in 2024 and is projected to grow significantly, driven by advancements in automation, increasing demand for

Minig Equipment Market Analysis

The way the mining industry operates has developed significantly in recent years, and further improvements are afoot as technology advances and are adopted globally. There are various major trends that are fundamentally transforming the industry into Smart Mining. Such as, the shift from diesel to electrification, there is digitalization, which is resulting in increased productivity and more sustainable use of resources while lowering input cost. Another one is automation, which will also increase productivity and change the way we work. How things develop in the next upcoming years has uncertainties. However, the future is shaped by the technological advancements and innovations of the present. Mining functioning depend significantly on machinery and technology to do everything from creating the mine itself to reliably and safely extracting the raw material within. Whether it's gold mining equipment, tools for rock excavation or various other types of heavy machinery, they fill key roles when mining. The underground mining machinery segment is leading the market with more than 35% of value market share, followed by the surface mining machinery. For instance, autonomous haulage systems, advanced drilling technologies, and smart sensors are revolutionizing mining operations, making them more efficient and less reliant on manual labor. These technological advancements not only enhance productivity but also ensure the safety of miners by reducing their exposure to hazardous conditions. According to the research report "Global Mining Equipment Market Outlook, 2030," published by Bonafide Research, the Global Mining Equipment market was valued at more than USD 143.65 Billion in 2024, and expected to reach a market size of more than USD 201.43 Billion by 2030 with the CAGR of 5.92% from 2025-2030. Mining is one of the most indispensable integrants of modern society due to the use of mined minerals in almost every consumer product. Mining may involve hard or soft rock, each of which requires specific tools to extract the materials. For instance, the mechanism used to dig soft materials might not provide enough power for cutting through hard rock. Key players in this market include industry giants like Caterpillar Inc., Komatsu Ltd., Liebherr-International AG, Metso Corporation, and Boart Longyear Ltd. These companies are at the forefront of innovation, offering advanced machinery and equipment that enhance efficiency, productivity, and safety in mining operations. The demand for mining equipment is fueled by the growing need for essential minerals and metals such as copper, lithium, nickel, and cobalt, which are crucial for applications in electronics, electric vehicles, and renewable energy technologies. Additionally, the rise in urbanization and infrastructure development in emerging economies like China, India, and Brazil is driving the demand for construction materials, further boosting the mining equipment market. Environmental concerns and regulations are also shaping the mining equipment market. There's a growing emphasis on sustainable mining practices, which has led to the adoption of eco-friendly equipment and technologies that minimize environmental impact. The push towards green technologies has prompted manufacturers to develop equipment that reduces emissions and energy consumption, aligning with global environmental standards.

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Market Dynamic

Market DriversRising Demand for Minerals and Metals:The increasing global demand for minerals and metals, driven by rapid urbanization and infrastructure development, especially in emerging economies like India and China, is a significant driver. This demand fuels the need for advanced and efficient mining equipment. • Technological Advancements :Innovations in mining technology, such as automation, electrification, and artificial intelligence, are transforming the mining industry. These advancements improve efficiency, productivity, and safety, driving the demand for modern mining equipment. Market ChallengesHigh Initial Investment and Ownership Costs: One of the major challenges faced by the mining equipment market is the high initial investment required for purchasing and maintaining advanced machinery. Small and mid-sized mining companies often find it challenging to afford these costs, limiting their ability to compete with larger players. Additionally, the ongoing expenses related to equipment maintenance, training, and integration of new technologies add to the financial burden, making it crucial for companies to carefully assess their return on investment. • Stringent Environmental Regulations: Insecticide mining industry is under increasing scrutiny to minimize its environmental footprint. Governments and regulatory bodies worldwide are implementing stringent environmental laws and regulations, compelling mining companies to adopt eco-friendly practices and technologies. Compliance with these regulations often requires significant investments in sustainable mining equipment and technologies, posing a challenge for companies to balance operational efficiency with environmental responsibilities. Market TrendsAdoption of Autonomous and Semi-Autonomous Technology: The trend towards automation in the mining industry is accelerating, with an increasing number of companies adopting autonomous and semi-autonomous technology. These technologies enhance operational safety by reducing human exposure to hazardous conditions and improving precision in mining activities. Autonomous haulage systems, remote-controlled drilling rigs, and automated load and haul operations are becoming more common, driving the demand for advanced mining equipment that supports these capabilities. • Electrification of Mining Equipment: The global shift towards electrification is gaining momentum in the mining sector. The adoption of electric mining equipment is driven by the need to reduce greenhouse gas emissions and comply with environmental regulations. Electric equipment offers numerous benefits, including lower operational costs, reduced noise pollution, and decreased reliance on fossil fuels. Major mining companies are investing in electric vehicles and machinery to align with sustainability goals and improve their environmental performance. This trend is expected to grow as the industry moves towards greener and more sustainable mining practices.

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Minig Equipment Segmentation

By Equipment Type Underground Mining Equipment
Surface Mining Equipment
Crushing, Pulverizing & Screening Equipment
Others(Mineral Processing & More)
By Application Metal Mining
Non-metal Mining
Coal Mining
By Propulsion Gasoline
Other powersource
By Power Output <500HP
500-2000HP
>2000HP

The global mining equipment market is segmented into several key categories, each playing a crucial role in the extraction and processing of minerals and metals. Crushing, pulverizing, and screening machinery are essential for breaking down raw materials into smaller, manageable sizes, preparing them for further processing. This equipment ensures efficient material handling and optimal particle size distribution, which is vital for subsequent stages of mineral processing. Mineral processing machinery encompasses a range of equipment used to separate valuable minerals from the ore. This includes grinding mills, flotation cells, and magnetic separators, among others. These machines are designed to enhance the recovery rates of valuable minerals, ensuring maximum yield and efficiency in the extraction process. Surface mining machinery is used in the extraction of minerals from the earth's surface. This category includes equipment such as excavators, loaders, and hauls trucks, which are essential for removing overburden and transporting materials. Surface mining machinery is critical for open-pit mining operations, where large volumes of material need to be moved efficiently. Underground mining machinery is specialized equipment used in the extraction of minerals from underground mines. This category includes drilling rigs, loaders, and shuttle cars, which are designed to operate in confined spaces and harsh conditions. Underground mining machinery is crucial for accessing deeper mineral deposits and ensuring the safety of miners in challenging environments. Mineral Mining segment involves the extraction of non-metallic minerals such as diamonds, phosphate, potash, and salt. The equipment used in mineral mining includes crushers, grinding mills, and screening machines, which are essential for breaking down raw materials and separating valuable minerals from the ore. For example, in the diamond mining industry, specialized equipment like rotary drills and high-pressure water jets are employed to break through rock layers and retrieve diamond-bearing ore. The efficiency of these machines directly impacts the yield and quality of the extracted minerals. Metal mining focuses on the extraction of precious and base metals like gold, silver, copper, iron ore, and aluminum. The equipment used in this segment includes underground mining machinery, surface mining machinery, and mineral processing equipment. For instance, in gold mining, advanced machinery such as excavators, loaders, and haul trucks are used to move large quantities of earth to access gold deposits. Additionally, flotation cells and cyanidation equipment are employed to process the ore and extract the metal. Companies like Caterpillar Inc. and Komatsu Ltd. provide state-of-the-art equipment that enhances the efficiency and safety of metal mining operations. Coal mining involves the extraction of coal from the earth, which is primarily used for electricity generation and steel production. The equipment used in coal mining includes continuous miners, longwall miners, and shuttle cars. Continuous miners are large machines that cut and gather coal simultaneously, while longwall miners are used to extract large panels of coal in a single operation. Shuttle cars transport the mined coal to the surface for further processing. For example, in the Appalachian region of the United States, continuous miners are extensively used to efficiently extract coal from underground mines, reducing the need for manual labor and improving productivity. Diesel-powered equipment remains a dominant force in the mining industry due to its reliability, power, and widespread availability. Diesel engines are known for their high energy density and ability to operate under tough conditions, making them ideal for heavy-duty mining operations. They provide the necessary torque and horsepower to drive large machinery like excavators, haul trucks, and loaders, ensuring efficient material handling and transportation. However, the environmental impact of diesel engines, including greenhouse gas emissions and air pollution, is a significant concern. As regulations become stricter, there's an increasing push towards cleaner and more sustainable propulsion options. On the other hand, CNG (Compressed Natural Gas)/LNG (Liquefied Natural Gas)/RNG (Renewable Natural Gas) powered equipment is gaining traction as a greener alternative to traditional diesel engines. These fuels produce fewer pollutants and greenhouse gases, aligning with global efforts to reduce carbon footprints and promote sustainable mining practices. CNG and LNG offer the advantage of lower fuel costs and reduced emissions, making them attractive options for mining companies looking to improve their environmental performance. RNG, derived from organic waste, provides an even more sustainable solution by utilizing renewable resources to power mining equipment. The adoption of CNG/LNG/RNG propulsion is growing, particularly in regions with strong environmental regulations and incentives for cleaner energy use. Below 500 HP category includes smaller, more versatile equipment primarily used for less demanding tasks and in mines with limited space or less intensive operational requirements. Equipment in this range includes smaller excavators, compact loaders, and utility vehicles. These machines are crucial for operations that require agility and precision, such as maintenance tasks, material handling, and support roles within larger mining operations. They are favored for their efficiency and lower operating costs, making them suitable for smaller mining projects or as support machinery in larger operations. 500 to 2,000 HP mid-range categories covers a broad spectrum of mining equipment that is integral to both surface and underground mining operations. Equipment in this power range includes larger excavators, mid-sized haul trucks, and powerful drilling rigs. These machines offer a balance between power and versatility, making them ideal for a wide variety of mining activities. They are capable of handling more substantial loads and more demanding conditions than their smaller counterparts, yet they remain adaptable enough to be used in different mining environments. This range is essential for operations that require a significant amount of material movement and processing, providing a good mix of power and efficiency. Above 2,000 HP segment includes the most powerful and robust mining equipment designed for the most demanding and large-scale mining operations. Machines in this category include ultra-class haul trucks, large-scale draglines, and giant excavators. These pieces of equipment are capable of moving massive amounts of material quickly and efficiently, making them indispensable in high-capacity mining operations.

Minig Equipment Market Regional Insights

Region-wise, Asia Pacific contributed the highest market share approx. 47% shares of the global market. Constant investments and increasing infrastructure projects is the key factors for driving the mining equipment market in the Asia-Pacific region. India offers a number of opportunities for the mining firms as there is consequential scope for exploration of iron ore, coal and bauxite. Furthermore, booming real estate sector in the country is anticipated to augment the demand for metal mining equipment, thereby contributing to regional growth. China is dominating the market with more than 25% of value market share and is expected to capture higher market share in the forecast periods. Impact of Covid-19 on Mining Equipment Market: The COVID-19 pandemic has affected the commodity markets in a variety of ways. Firm operations have been pretentious through isolated outbreaks and government dictated shutdowns and the demand for many commodities remain low with a lower near term stipulation on the horizon. The growth of mining equipment market also affected in pandemic situation. The stipulation for metallurgical coal and thermal coal has diminished, while the demand for gold and iron ore has increased. However, the market of miming equipments is expected to witness significant growth during the forecast period, as the increasing use of electric machinery in underground mining and increasing stipulation for metals and commodities occupy a major share in the market of mining equipment. Major Companies present in the market: Sandvik AB, Caterpillar Inc., Komastu Limited, Volvo Group, Liebherr Group, Hitachi Construction Machinery Co., Limited, EpirocAb, Sany Heavy Equipment International Holdings Company Limited, Doosan Infracore Co. Limited, Guangxi Liugong Machinery Co., Ltd., Kobelco Construction Machinery Co., Ltd., Sumitomo Heavy Industries, Xuzhou Construction Machinery Group (XCMG), Bharat Earth Movers Limited, J C Bamford Excavators Limited, Wirtgen Group, Mine Master Ltd, FIORI GROUP S.p.A., JSC, WackerNeuson Group, Equipment North Inc., RTM Equipment, Astec Industries, Inc., BELL Equipment, AARD Mining Equipment Considered in this report • Geography: Global • Historic Year: 2019 • Base year: 2024 • Estimated year: 2025 • Forecast year: 2030 Aspects covered in this report • Global Mining Equipment market with its value and forecast along with its segments • Region & country wise market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Regions & Countries covered in the report • North America – United States, Canada, Mexico • Europe- Germany, United Kingdom, France, Italy, Spain, Russia • Asia-Pacific – China, Japan, South Korea, India, Australia • Latin America- Brazil, Argentina, Columbia • Middle-East & Africa- UAE, Saudi Arabia, South Africa By Category of Mining Equipment in the report: • Crushing, pulverizing, screening machinery • Mineral processing machinery • Surface mining machinery • Underground mining machinery By Application in the report: • Mineral Mining • Metal Mining • Coal Mining By Propulsion in the report: • Diesel • CNG/LNG/RNG By Power Output in the report: • Below 500 HP • 500 to 2,000 HP • Above 2,000 HP The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning. Post this we have started doing primary calls to industry people by equally segmenting in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry manufactures, consultants, Key vendors related to mining equipment industry. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Companies Mentioned

  • Caterpillar Private Limited
  • Doosan Infracore
  • Epiroc
  • J C Bamford Excavators Ltd
  • Liebherr
  • Sandvik Mining And Rock Technology
  • Sany
  • Volvo Construction Equipments
  • Komastu Limited
  • Guangxi Liugong Machinery Co., Ltd.    
  • Kobelco Construction Machinery Co., Ltd.
  • Sumitomo Heavy Industries          
  • Xuzhou Construction Machinery Group (XCMG)         
  • Bharat Earth Movers Limited
  • Wirtgen Group
  • Mine Master Ltd       
  • FIORI GROUP S.p.A.         
  • JSC   
  • Wacker Neuson Group
  • Equipment North Inc.         
  • RTM Equipment      
  • Astec Industries, Inc.
  • BELL Equipment    
  • AARD Mining Equipment

Table of Contents

  • 1. Executive Summary
  • 2. Market Dynamics
  • 2.1. Market Drivers & Opportunities
  • 2.2. Market Restraints & Challenges
  • 2.3. Market Trends
  • 2.3.1. XXXX
  • 2.3.2. XXXX
  • 2.3.3. XXXX
  • 2.3.4. XXXX
  • 2.3.5. XXXX
  • 2.4. Covid-19 Effect
  • 2.5. Supply chain Analysis
  • 2.6. Policy & Regulatory Framework
  • 2.7. Industry Experts Views
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Market Structure
  • 4.1. Market Considerate
  • 4.2. Assumptions
  • 4.3. Limitations
  • 4.4. Abbreviations
  • 4.5. Sources
  • 4.6. Definitions
  • 5. Economic /Demographic Snapshot
  • 6. Global Mining Equipment Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share By Region
  • 6.3. Market Size and Forecast, By Geography
  • 6.4. Market Size and Forecast, By Equipment Type
  • 6.5. Market Size and Forecast, By Application
  • 6.6. Market Size and Forecast, By Propulsion
  • 6.7. Market Size and Forecast, By Power Output
  • 7. North America Mining Equipment Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share By Country
  • 7.3. Market Size and Forecast, By Equipment Type
  • 7.4. Market Size and Forecast, By Application
  • 7.5. Market Size and Forecast, By Propulsion
  • 7.6. United States Mining Equipment Market Outlook
  • 7.6.1. Market Size By Value
  • 7.6.2. Market Size and Forecast By Equipment Type
  • 7.6.3. Market Size and Forecast By Application
  • 7.7. Canada Mining Equipment Market Outlook
  • 7.7.1. Market Size By Value
  • 7.7.2. Market Size and Forecast By Equipment Type
  • 7.7.3. Market Size and Forecast By Application
  • 7.8. Mexico Mining Equipment Market Outlook
  • 7.8.1. Market Size By Value
  • 7.8.2. Market Size and Forecast By Equipment Type
  • 7.8.3. Market Size and Forecast By Application
  • 8. Europe Mining Equipment Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share By Country
  • 8.3. Market Size and Forecast, By Equipment Type
  • 8.4. Market Size and Forecast, By Application
  • 8.5. Market Size and Forecast, By Propulsion
  • 8.6. Germany Mining Equipment Market Outlook
  • 8.6.1. Market Size By Value
  • 8.6.2. Market Size and Forecast By Equipment Type
  • 8.6.3. Market Size and Forecast By Application
  • 8.7. United Kingdom Mining Equipment Market Outlook
  • 8.7.1. Market Size By Value
  • 8.7.2. Market Size and Forecast By Equipment Type
  • 8.7.3. Market Size and Forecast By Application
  • 8.8. France Mining Equipment Market Outlook
  • 8.8.1. Market Size By Value
  • 8.8.2. Market Size and Forecast By Equipment Type
  • 8.8.3. Market Size and Forecast By Application
  • 8.9. Italy Mining Equipment Market Outlook
  • 8.9.1. Market Size By Value
  • 8.9.2. Market Size and Forecast By Equipment Type
  • 8.9.3. Market Size and Forecast By Application
  • 8.10. Spain Mining Equipment Market Outlook
  • 8.10.1. Market Size By Value
  • 8.10.2. Market Size and Forecast By Equipment Type
  • 8.10.3. Market Size and Forecast By Application
  • 8.11. Russia Mining Equipment Market Outlook
  • 8.11.1. Market Size By Value
  • 8.11.2. Market Size and Forecast By Equipment Type
  • 8.11.3. Market Size and Forecast By Application
  • 9. Asia-Pacific Mining Equipment Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share By Country
  • 9.3. Market Size and Forecast, By Equipment Type
  • 9.4. Market Size and Forecast, By Application
  • 9.5. Market Size and Forecast, By Propulsion
  • 9.6. China Mining Equipment Market Outlook
  • 9.6.1. Market Size By Value
  • 9.6.2. Market Size and Forecast By Equipment Type
  • 9.6.3. Market Size and Forecast By Application
  • 9.7. Japan Mining Equipment Market Outlook
  • 9.7.1. Market Size By Value
  • 9.7.2. Market Size and Forecast By Equipment Type
  • 9.7.3. Market Size and Forecast By Application
  • 9.8. India Mining Equipment Market Outlook
  • 9.8.1. Market Size By Value
  • 9.8.2. Market Size and Forecast By Equipment Type
  • 9.8.3. Market Size and Forecast By Application
  • 9.9. Australia Mining Equipment Market Outlook
  • 9.9.1. Market Size By Value
  • 9.9.2. Market Size and Forecast By Equipment Type
  • 9.9.3. Market Size and Forecast By Application
  • 9.10. South Korea Mining Equipment Market Outlook
  • 9.10.1. Market Size By Value
  • 9.10.2. Market Size and Forecast By Equipment Type
  • 9.10.3. Market Size and Forecast By Application
  • 10. South America Mining Equipment Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share By Country
  • 10.3. Market Size and Forecast, By Equipment Type
  • 10.4. Market Size and Forecast, By Application
  • 10.5. Market Size and Forecast, By Propulsion
  • 10.6. Brazil Mining Equipment Market Outlook
  • 10.6.1. Market Size By Value
  • 10.6.2. Market Size and Forecast By Equipment Type
  • 10.6.3. Market Size and Forecast By Application
  • 10.7. Argentina Mining Equipment Market Outlook
  • 10.7.1. Market Size By Value
  • 10.7.2. Market Size and Forecast By Equipment Type
  • 10.7.3. Market Size and Forecast By Application
  • 10.8. Columbia Mining Equipment Market Outlook
  • 10.8.1. Market Size By Value
  • 10.8.2. Market Size and Forecast By Equipment Type
  • 10.8.3. Market Size and Forecast By Application
  • 11. Middle East & Africa Mining Equipment Market Outlook
  • 11.1. Market Size By Value
  • 11.2. Market Share By Country
  • 11.3. Market Size and Forecast, By Equipment Type
  • 11.4. Market Size and Forecast, By Application
  • 11.5. Market Size and Forecast, By Propulsion
  • 11.6. UAE Mining Equipment Market Outlook
  • 11.6.1. Market Size By Value
  • 11.6.2. Market Size and Forecast By Equipment Type
  • 11.6.3. Market Size and Forecast By Application
  • 11.7. Saudi Arabia Mining Equipment Market Outlook
  • 11.7.1. Market Size By Value
  • 11.7.2. Market Size and Forecast By Equipment Type
  • 11.7.3. Market Size and Forecast By Application
  • 11.8. South Africa Mining Equipment Market Outlook
  • 11.8.1. Market Size By Value
  • 11.8.2. Market Size and Forecast By Equipment Type
  • 11.8.3. Market Size and Forecast By Application
  • 12. Competitive Landscape
  • 12.1. Competitive Dashboard
  • 12.2. Business Strategies Adopted by Key Players
  • 12.3. Key Players Market Share Insights and Analysis, 2022
  • 12.4. Key Players Market Positioning Matrix
  • 12.5. Porter's Five Forces
  • 12.6. Company Profile
  • 12.6.1. Sandvik AB
  • 12.6.1.1. Company Snapshot
  • 12.6.1.2. Company Overview
  • 12.6.1.3. Financial Highlights
  • 12.6.1.4. Geographic Insights
  • 12.6.1.5. Business Segment & Performance
  • 12.6.1.6. Product Portfolio
  • 12.6.1.7. Key Executives
  • 12.6.1.8. Strategic Moves & Developments
  • 12.6.2. Caterpillar Inc.
  • 12.6.3. Komastu Limited
  • 12.6.4. Volvo Group
  • 12.6.5. Liebherr Group
  • 12.6.6. Hitachi Construction Machinery Co., Limited
  • 12.6.7. Epiroc Ab
  • 12.6.8. Sany Heavy Equipment International Holdings Company Limited
  • 12.6.9. Doosan Group
  • 12.6.10. Guangxi Liugong Machinery Co., Ltd.
  • 12.6.11. Xuzhou Construction Machinery Group (XCMG)
  • 12.6.12. Bharat Earth Movers Limited
  • 12.6.13. J C Bamford Excavators Limited
  • 12.6.14. CNH Industrial NV
  • 12.6.15. Sinotruk (Hong Kong) Limited
  • 12.6.16. Atlas Copco Group
  • 12.6.17. BELL Equipment
  • 12.6.18. Metso Corporation
  • 12.6.19. Zoomlion Heavy Industry Science and Technology
  • 12.6.20. Deere & Co
  • 13. Strategic Recommendations
  • 14. Annexure
  • 14.1. FAQ`s
  • 14.2. Notes
  • 14.3. Related Reports
  • 15. Disclaimer

Table 1: Global Mining Equipment Market Snapshot, By Segmentation (2024 & 2030) (in USD Billion)
Table 2: Influencing Factors for Mining Equipment Market, 2024
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Mining Equipment Market Size and Forecast, By Geography (2019 to 2030F) (In USD Billion)
Table 7: Global Mining Equipment Market Size and Forecast, By Equipment Type (2019 to 2030F) (In USD Billion)
Table 8: Global Mining Equipment Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 9: Global Mining Equipment Market Size and Forecast, By Propulsion (2019 to 2030F) (In USD Billion)
Table 10: Global Mining Equipment Market Size and Forecast, By Power Output (2019 to 2030F) (In USD Billion)
Table 11: North America Mining Equipment Market Size and Forecast, By Equipment Type (2019 to 2030F) (In USD Billion)
Table 12: North America Mining Equipment Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 13: North America Mining Equipment Market Size and Forecast, By Propulsion (2019 to 2030F) (In USD Billion)
Table 14: United States Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 15: United States Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 16: Canada Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 17: Canada Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 18: Mexico Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 19: Mexico Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 20: Europe Mining Equipment Market Size and Forecast, By Equipment Type (2019 to 2030F) (In USD Billion)
Table 21: Europe Mining Equipment Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 22: Europe Mining Equipment Market Size and Forecast, By Propulsion (2019 to 2030F) (In USD Billion)
Table 23: Germany Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 24: Germany Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 25: United Kingdom Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 26: United Kingdom Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 27: France Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 28: France Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 29: Italy Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 30: Italy Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 31: Spain Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 32: Spain Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 33: Russia Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 34: Russia Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 35: Asia-Pacific Mining Equipment Market Size and Forecast, By Equipment Type (2019 to 2030F) (In USD Billion)
Table 36: Asia-Pacific Mining Equipment Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 37: Asia-Pacific Mining Equipment Market Size and Forecast, By Propulsion (2019 to 2030F) (In USD Billion)
Table 38: China Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 39: China Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 40: Japan Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 41: Japan Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 42: India Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 43: India Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 44: Australia Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 45: Australia Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 46: South Korea Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 47: South Korea Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 48: South America Mining Equipment Market Size and Forecast, By Equipment Type (2019 to 2030F) (In USD Billion)
Table 49: South America Mining Equipment Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 50: South America Mining Equipment Market Size and Forecast, By Propulsion (2019 to 2030F) (In USD Billion)
Table 51: Brazil Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 52: Brazil Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 53: Argentina Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 54: Argentina Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 55: Colombia Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 56: Colombia Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 57: Middle East & Africa Mining Equipment Market Size and Forecast, By Equipment Type (2019 to 2030F) (In USD Billion)
Table 58: Middle East & Africa Mining Equipment Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 59: Middle East & Africa Mining Equipment Market Size and Forecast, By Propulsion (2019 to 2030F) (In USD Billion)
Table 60: United Arab Emirates Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 61: United Arab Emirates Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 62: Saudi Arabia Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 63: Saudi Arabia Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)
Table 64: South Africa Mining Equipment Market Size and Forecast By Equipment Type (2019 to 2030F) (In USD Billion)
Table 65: South Africa Mining Equipment Market Size and Forecast By Application (2019 to 2030F) (In USD Billion)

Figure 1: Global Mining Equipment Market Size (USD Billion) By Region, 2024 & 2030
Figure 2: Market attractiveness Index, By Region 2030
Figure 3: Market attractiveness Index, By Segment 2030
Figure 4: Global Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 5: Global Mining Equipment Market Share By Region (2024)
Figure 6: North America Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 7: North America Mining Equipment Market Share By Country (2024)
Figure 8: US Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 9: Canada Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 10: Mexico Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 11: Europe Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 12: Europe Mining Equipment Market Share By Country (2024)
Figure 13: Germany Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 14: UK Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 15: France Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 16: Italy Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 17: Spain Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 18: Russia Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 19: Asia-Pacific Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 20: Asia-Pacific Mining Equipment Market Share By Country (2024)
Figure 21: China Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 22: Japan Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 23: India Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 24: Australia Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 25: South Korea Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 26: South America Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 27: South America Mining Equipment Market Share By Country (2024)
Figure 28: Brazil Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 29: Argentina Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 30: Columbia Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 31: Middle East & Africa Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 32: Middle East & Africa Mining Equipment Market Share By Country (2024)
Figure 33: UAE Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 34: Saudi Arabia Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 35: South Africa Mining Equipment Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 36: Competitive Dashboard of top 5 players, 2024
Figure 37: Market Share insights of key players, 2024
Figure 38: Porter's Five Forces of Global Mining Equipment Market

Minig Equipment Market Research FAQs

The Global Solid State Drive Market is expected to grow at CAGR of more than 17% in value terms in forecast period.

Mineral mining, metal mining and coal mining are some of the major applications of Mining Equipment market.

Underground mining category is dominating the Mining Equipment market.

Asia-Pacific has the largest share in Global Mining Equipment Market.

China has the dominance in Global Mining Equipment Market.

Caterpillar Inc. (US), Komatsu Ltd. (Japan), Sandvik AB (Sweden), Epiroc AB (Sweden) and Doosan Corporation (South Korea) are some of the major market players in global mining equipment market.
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Global Mining Equipment Market Outlook, 2030

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