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Mining Equipment Global Market Report 2025
Global Mining Equipment Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Mining Equipment Global Market Report 2025

By Product (Mining Drills And Breakers, Crushing, Pulverizing And Screening Equipment, Mineral Processing Equipment, Surface Mining Equipment, Underground Mining Equipment), By Powertrain Type (IC Engine Vehicle, Electric Vehicle), By Application (Metal Mining, Mineral Mining, Coal Mining) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Mining Equipment Market Overview

• Mining Equipment market size has reached to $148.74 billion in 2024

• Expected to grow to $211.25 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%

• Growth Driver: Surge In Mining Activities Sparks Growth In The Mining Equipment Market

• Market Trend: Unveiling Advanced Mining Machinery Products For Increased Efficiency And Environmental Friendliness

Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Mining Equipment Market?

Mining equipment refers to electrical or diesel-powered heavy-duty machinery that involved in excavation of material and are normally hauled to the surface with skips or lifts for further processing. It is used in underground and opencast mines.

The main products of mining equipment are mining drills and breakers, Crushing, pulverizing and screening equipment, mineral processing equipment, surface mining equipment, and underground mining equipment. Mining drills and breakers are tools used to drill into the surface of the earth for mining operations and to break or destroy rocks or stones for mining. The types of powertrain including IC engine vehicle and electric vehicle used for various applications such as metal mining, mineral mining and coal mining.

Mining Equipment Market Size and growth rate 2025 to 2029: Graph

What Is The Mining Equipment Market Size 2025 And Growth Rate?

The mining equipment market size has grown strongly in recent years. It will grow from $148.74 billion in 2024 to $157.76 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to global demand for minerals, rise in construction and infrastructure projects, urbanization and industrialization, commodity price trends, global economic growth.

What Is The Mining Equipment Market Growth Forecast?

The mining equipment market size is expected to see strong growth in the next few years. It will grow to $211.25 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to transition to clean energy, infrastructure investments, technology-driven operational efficiency, electric vehicles market growth, focus on sustainable mining practices. Major trends in the forecast period include introduction of electric and hybrid mining vehicles, application of drones and UAVs for surveying and exploration, digital twin technology for equipment simulation, incorporation of wearable technology for worker safety, development of modular and scalable equipment designs.

The forecast of 7.6% growth over the next five years reflects a modest reduction of 0.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply chain disruptions for critical components like conveyor systems and hydraulic shovels, sourced from key regions such as South Africa, Finland, and China, which could lead to reduced productivity in mineral extraction. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Machinery Industry?

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

How Is The Mining Equipment Market Segmented?

1) By Product: Mining Drills And Breakers, Crushing, Pulverizing And Screening Equipment, Mineral Processing Equipment, Surface Mining Equipment, Underground Mining Equipment

2) By Powertrain Type: IC Engine Vehicle, Electric Vehicle

3) By Application: Metal Mining, Mineral Mining, Coal Mining

Subsegments:

1) By Mining Drills and Breakers: Rotary Drills, DTH (Down-The-Hole) Drills, Hydraulic Breakers, Rock Drills

2) By Crushing, Pulverizing, and Screening Equipment: Jaw Crushers, Cone Crushers, Impact Crushers, Screening Machines (Vibrating Screens, Trommels)

3) By Mineral Processing Equipment: Flotation Machines, Gravity Separation Equipment, Magnetic Separation Equipment, Thickening and Dewatering Equipment

4) By Surface Mining Equipment: Excavators, Loaders, Haul Trucks, Draglines

5) By Underground Mining Equipment: Continuous Miners, Shuttle Cars, Longwall Miners, Room and Pillar Equipment

Mining Equipment Market Driver: Surge In Mining Activities Sparks Growth In The Mining Equipment Market

An increase in mining activities is expected to propel the mining equipment market going forward. Mining activity refers to the process of removing valuable minerals, industrial rock deposits, non-metallic mineral deposits, or metallic mineral deposits from the earth's surface, including the oceans. Mining equipment is used in mining activities to help in the process of excavation of deposits and resources from the ground, so an increase in mining activities will propel the market's growth. For instance, in November 2022, according to the Energy Information Administration, a US-based provider of energy information, the production of crude oil in the US in February 2022 increased by 14.05% to 11,316 barrels per day compared to 9,925 barrels per day in 2021. Therefore, the increase in mining activities is driving the growth of the mining equipment market.

Mining Equipment Market Driver: Surge In Infrastructure Investments Drives Expansion Of The Mining Equipment Market

The increasing investment in infrastructure is expected to propel the growth of the mining equipment market going forward. Infrastructure refers to the underlying systems and structures that must exist for a society, economy, or organization to operate. Mining equipment requires well-established infrastructure to function effectively in transportation, processing, safety, environmental management, and community development for mining operations. For instance, in July 2024, according to the Office for National Statistics, a UK-based government department, in 2023 investment in infrastructure reached £13.8 billion ($17.25 billion) in constant prices, reflecting a 3.9% increase compared to 2022. Therefore, the increasing investment in infrastructure is driving the growth of the mining equipment market.

Global Mining Equipment Market Major Players

Major companies operating in the mining equipment market include Caterpillar Inc., Deere & Company, Hitachi Construction Machinery Co Ltd., Komatsu America Corp, Liebherr-International AG, Metso Oyj, Sandvik AB, Epiroc Mining Equipment, Boart Longyear Ltd., China Coal Energy Group Co Ltd., Vipeak Mining Machinery Co Ltd., Guangdong Leimeng Intelligent Equipment Group Co Ltd., Henan Baichy Machinery Equipment Co Ltd., Doosan Infracore Co Ltd., Atlas Copco Ltd., Zhengzhou Coal Mining Machinery Group Co Ltd., Thyssenkrupp AG, Bell Equipment Company South Africa, FLSmidth & Co A/S, H-E Parts International LLC, Paus GmbH, IZ-Karteks imeni P.G. Korobkova OOO, Tenova Mining & Minerals, Mine Master Ltd., CMM Equipments, Osborn Engineered Products SA Pty. Ltd., Normet Group, Remote Control Technologies Pty. Ltd., MacLean Engineering & Marketing Co Limited, Strata Products Worldwide LLC

Global Mining Equipment Market Trend: Unveiling Advanced Mining Machinery Products For Increased Efficiency And Environmental Friendliness

Major companies operating in the mining equipment market are focused on introducing advanced solutions, such as mining machinery products, to gain a competitive edge in the market. Mining machinery products are equipment and machinery used in the mining industry to extract and process minerals and metals from the earth. For instance, in April 2023, XCMG (Xuzhou Construction Machinery Group Co., Ltd), a China-based construction machinery company, launched the XE690DK mining excavator, the XDR80TE-AT autonomous electric dump truck, and the XDE240 mining dump truck. The XE690DK mining excavator is equipped with an efficient power system that provides environmentally friendly and energy-saving designs for demanding construction applications. The XDR80TE-AT-ATtonomous electric dump truck is a truck with visual and acoustic sensors, laser radar, millimeter-wave radar, and cameras. The XDE240 mining dump truck has advanced environment sensors, navigation, and positioning capabilities.

Global Mining Equipment Market Trend: Advanced Ground Control Systems For Safety And Efficiency Boost

Major companies operating in the mining equipment market are focused on introducing advanced solutions with technology, such as ground control systems, to gain a competitive edge in the market. Ground control systems are land- or sea-based control centers that provide the facilities for human control of unmanned aerial vehicles (UAVs) or drones. For instance, in February 2023, Mahanadi Coalfields Limited, an India-based coal mining company, launched drone technology. Drone technology is used for environmental monitoring, volume measurement, and photogrammetric mapping of mines to digitalize the mining process. This drone’s technology is equipped with thermal image cameras that detect heat arising from the facilities in the dressing, such as the conveyor belt system, to prepare for problems due to the overheating of the facilities. This technology can also quickly detect the self-ignition point of the coal in the coal mine to monitor accidents.

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Mining Equipment Market Merger And Acquisition: Komatsu Expands Mining Dominance With Ghh Group Acquisition Fortifying Underground Equipment Portfolio

In December 2022, Komatsu Ltd., a Japan-based manufacturer of construction, mining, and military equipment, acquired GHH Group GmbH for an undisclosed amount. Through this acquisition, combined resources with GHH are expected to strengthen and expand Komatsu's offerings in underground mining equipment and accelerate new product development. The acquisition enables to strengthen of production and service capabilities for the customers and become truly global players. GHH Group GmbH is a Germany-based manufacturer of underground mining, tunneling, and civil engineering equipment.

Regional Outlook For The Global Mining Equipment Market

Asia-Pacific was the largest region in the mining equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global mining equipment market report during the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Mining Equipment Market?

The mining equipment market consists of sales of draglines, motor graders, rock drills and diggers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Mining Equipment Industry?

The mining equipment market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the mining equipment industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Mining Equipment Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $157.76 billion
Revenue Forecast In 2034 $211.25 billion
Growth Rate CAGR of 7.6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Product: Mining Drills And Breakers, Crushing, Pulverizing And Screening Equipment, Mineral Processing Equipment, Surface Mining Equipment, Underground Mining Equipment
2) By Powertrain Type: IC Engine Vehicle, Electric Vehicle
3) By Application: Metal Mining, Mineral Mining, Coal Mining Subsegments: 1) By Mining Drills and Breakers: Rotary Drills, DTH (Down-The-Hole) Drills, Hydraulic Breakers, Rock Drills
2) By Crushing, Pulverizing, and Screening Equipment: Jaw Crushers, Cone Crushers, Impact Crushers, Screening Machines (Vibrating Screens, Trommels)
3) By Mineral Processing Equipment: Flotation Machines, Gravity Separation Equipment, Magnetic Separation Equipment, Thickening and Dewatering Equipment
4) By Surface Mining Equipment: Excavators, Loaders, Haul Trucks, Draglines
5) By Underground Mining Equipment: Continuous Miners, Shuttle Cars, Longwall Miners, Room and Pillar Equipment
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Caterpillar Inc., Deere & Company, Hitachi Construction Machinery Co Ltd., Komatsu America Corp, Liebherr-International AG, Metso Oyj, Sandvik AB, Epiroc Mining Equipment, Boart Longyear Ltd., China Coal Energy Group Co Ltd., Vipeak Mining Machinery Co Ltd., Guangdong Leimeng Intelligent Equipment Group Co Ltd., Henan Baichy Machinery Equipment Co Ltd., Doosan Infracore Co Ltd., Atlas Copco Ltd., Zhengzhou Coal Mining Machinery Group Co Ltd., Thyssenkrupp AG, Bell Equipment Company South Africa, FLSmidth & Co A/S, H-E Parts International LLC, Paus GmbH, IZ-Karteks imeni P.G. Korobkova OOO, Tenova Mining & Minerals, Mine Master Ltd., CMM Equipments, Osborn Engineered Products SA Pty. Ltd., Normet Group, Remote Control Technologies Pty. Ltd., MacLean Engineering & Marketing Co Limited, Strata Products Worldwide LLC
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Table Of Contents

1. Executive Summary

2. Mining Equipment Market Characteristics

3. Mining Equipment Market Trends And Strategies

4. Mining Equipment Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Mining Equipment Growth Analysis And Strategic Analysis Framework

5.1. Global Mining Equipment PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Mining Equipment Market Growth Rate Analysis

5.4. Global Mining Equipment Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Mining Equipment Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Mining Equipment Total Addressable Market (TAM)

6. Mining Equipment Market Segmentation

6.1. Global Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Mining Drills And Breakers

Crushing, Pulverizing And Screening Equipment

Mineral Processing Equipment

Surface Mining Equipment

Underground Mining Equipment

6.2. Global Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

IC Engine Vehicle

Electric Vehicle

6.3. Global Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Metal Mining

Mineral Mining

6.4. Global Mining Equipment Market, Sub-Segmentation Of Mining Drills And Breakers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Rotary Drills

DTH (Down-The-Hole) Drills

Hydraulic Breakers

Rock Drills

6.5. Global Mining Equipment Market, Sub-Segmentation Of Crushing, Pulverizing, and Screening Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Jaw Crushers

Cone Crushers

Impact Crushers

Screening Machines (Vibrating Screens, Trommels)

6.6. Global Mining Equipment Market, Sub-Segmentation Of Mineral Processing Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Flotation Machines

Gravity Separation Equipment

Magnetic Separation Equipment

Thickening and Dewatering Equipment

6.7. Global Mining Equipment Market, Sub-Segmentation Of Surface Mining Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Excavators

Loaders

Haul Trucks

Draglines

6.8. Global Mining Equipment Market, Sub-Segmentation Of Underground Mining Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Continuous Miners

Shuttle Cars

Longwall Miners

Room and Pillar Equipment

7. Mining Equipment Market Regional And Country Analysis

7.1. Global Mining Equipment Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Mining Equipment Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Mining Equipment Market

8.1. Asia-Pacific Mining Equipment Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Mining Equipment Market

9.1. China Mining Equipment Market Overview

9.2. China Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Mining Equipment Market

10.1. India Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Mining Equipment Market

11.1. Japan Mining Equipment Market Overview

11.2. Japan Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Mining Equipment Market

12.1. Australia Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Mining Equipment Market

13.1. Indonesia Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Mining Equipment Market

14.1. South Korea Mining Equipment Market Overview

14.2. South Korea Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Mining Equipment Market

15.1. Western Europe Mining Equipment Market Overview

15.2. Western Europe Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Mining Equipment Market

16.1. UK Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Mining Equipment Market

17.1. Germany Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Mining Equipment Market

18.1. France Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Mining Equipment Market

19.1. Italy Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Mining Equipment Market

20.1. Spain Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Mining Equipment Market

21.1. Eastern Europe Mining Equipment Market Overview

21.2. Eastern Europe Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Mining Equipment Market

22.1. Russia Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Mining Equipment Market

23.1. North America Mining Equipment Market Overview

23.2. North America Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Mining Equipment Market

24.1. USA Mining Equipment Market Overview

24.2. USA Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Mining Equipment Market

25.1. Canada Mining Equipment Market Overview

25.2. Canada Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Mining Equipment Market

26.1. South America Mining Equipment Market Overview

26.2. South America Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Mining Equipment Market

27.1. Brazil Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Mining Equipment Market

28.1. Middle East Mining Equipment Market Overview

28.2. Middle East Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Mining Equipment Market

29.1. Africa Mining Equipment Market Overview

29.2. Africa Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Mining Equipment Market Competitive Landscape And Company Profiles

30.1. Mining Equipment Market Competitive Landscape

30.2. Mining Equipment Market Company Profiles

30.2.1. Caterpillar Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Deere & Company Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Hitachi Construction Machinery Co Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Komatsu America Corp Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Liebherr-International AG Overview, Products and Services, Strategy and Financial Analysis

31. Mining Equipment Market Other Major And Innovative Companies

31.1. Metso Oyj

31.2. Sandvik AB

31.3. Epiroc Mining Equipment

31.4. Boart Longyear Ltd.

31.5. China Coal Energy Group Co Ltd.

31.6. Vipeak Mining Machinery Co Ltd.

31.7. Guangdong Leimeng Intelligent Equipment Group Co Ltd.

31.8. Henan Baichy Machinery Equipment Co Ltd.

31.9. Doosan Infracore Co Ltd.

31.10. Atlas Copco Ltd.

31.11. Zhengzhou Coal Mining Machinery Group Co Ltd.

31.12. Thyssenkrupp AG

31.13. Bell Equipment Company South Africa

31.14. FLSmidth & Co A/S

31.15. H-E Parts International LLC

32. Global Mining Equipment Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Mining Equipment Market

34. Recent Developments In The Mining Equipment Market

35. Mining Equipment Market High Potential Countries, Segments and Strategies

35.1 Mining Equipment Market In 2029 - Countries Offering Most New Opportunities

35.2 Mining Equipment Market In 2029 - Segments Offering Most New Opportunities

35.3 Mining Equipment Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Mining Equipment Market, Sub-Segmentation Of Mining Drills And Breakers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Mining Equipment Market, Sub-Segmentation Of Crushing, Pulverizing, and Screening Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Mining Equipment Market, Sub-Segmentation Of Mineral Processing Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Mining Equipment Market, Sub-Segmentation Of Surface Mining Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Mining Equipment Market, Sub-Segmentation Of Underground Mining Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Mining Equipment Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Mining Equipment Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Caterpillar Inc. Financial Performance
  • Table 80: Deere & Company Financial Performance
  • Table 81: Hitachi Construction Machinery Co Ltd. Financial Performance
  • Table 82: Komatsu America Corp Financial Performance
  • Table 83: Liebherr-International AG Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Mining Equipment Market, Sub-Segmentation Of Mining Drills And Breakers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Mining Equipment Market, Sub-Segmentation Of Crushing, Pulverizing, and Screening Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Mining Equipment Market, Sub-Segmentation Of Mineral Processing Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Mining Equipment Market, Sub-Segmentation Of Surface Mining Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Mining Equipment Market, Sub-Segmentation Of Underground Mining Equipment, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Mining Equipment Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Mining Equipment Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Mining Equipment Market, Segmentation By Powertrain Type, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Caterpillar Inc. Financial Performance
  • Figure 80: Deere & Company Financial Performance
  • Figure 81: Hitachi Construction Machinery Co Ltd. Financial Performance
  • Figure 82: Komatsu America Corp Financial Performance
  • Figure 83: Liebherr-International AG Financial Performance

Frequently Asked Questions

Mining equipment refers to electrical or diesel-powered heavy-duty machinery that involved in excavation of material and are normally hauled to the surface with skips or lifts for further processing. It is used in underground and opencast mines. For further insights on this market, request a sample here

The market major growth driver - Surge In Mining Activities Sparks Growth In The Mining Equipment Market. For further insights on this market, request a sample here

The mining equipment market size has grown strongly in recent years. It will grow from $148.74 billion in 2024 to $157.76 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to global demand for minerals, rise in construction and infrastructure projects, urbanization and industrialization, commodity price trends, global economic growth. The mining equipment market size is expected to see strong growth in the next few years. It will grow to $211.25 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to transition to clean energy, infrastructure investments, technology-driven operational efficiency, electric vehicles market growth, focus on sustainable mining practices. Major trends in the forecast period include introduction of electric and hybrid mining vehicles, application of drones and UAVs for surveying and exploration, digital twin technology for equipment simulation, incorporation of wearable technology for worker safety, development of modular and scalable equipment designs. For further insights on this market, request a sample here

The mining equipmentmarket covered in this report is segmented –
1) By Product: Mining Drills And Breakers, Crushing, Pulverizing And Screening Equipment, Mineral Processing Equipment, Surface Mining Equipment, Underground Mining Equipment
2) By Powertrain Type: IC Engine Vehicle, Electric Vehicle
3) By Application: Metal Mining, Mineral Mining, Coal Mining Subsegments:
1) By Mining Drills and Breakers: Rotary Drills, DTH (Down-The-Hole) Drills, Hydraulic Breakers, Rock Drills
2) By Crushing, Pulverizing, and Screening Equipment: Jaw Crushers, Cone Crushers, Impact Crushers, Screening Machines (Vibrating Screens, Trommels)
3) By Mineral Processing Equipment: Flotation Machines, Gravity Separation Equipment, Magnetic Separation Equipment, Thickening and Dewatering Equipment
4) By Surface Mining Equipment: Excavators, Loaders, Haul Trucks, Draglines
5) By Underground Mining Equipment: Continuous Miners, Shuttle Cars, Longwall Miners, Room and Pillar Equipment For further insights on this market,
request a sample here

Asia-Pacific was the largest region in the mining equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global mining equipment market report during the forecast period. The regions covered in the mining equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the mining equipment market include Caterpillar Inc., Deere & Company, Hitachi Construction Machinery Co Ltd., Komatsu America Corp, Liebherr-International AG, Metso Oyj, Sandvik AB, Epiroc Mining Equipment, Boart Longyear Ltd., China Coal Energy Group Co Ltd., Vipeak Mining Machinery Co Ltd., Guangdong Leimeng Intelligent Equipment Group Co Ltd., Henan Baichy Machinery Equipment Co Ltd., Doosan Infracore Co Ltd., Atlas Copco Ltd., Zhengzhou Coal Mining Machinery Group Co Ltd., Thyssenkrupp AG, Bell Equipment Company South Africa, FLSmidth & Co A/S, H-E Parts International LLC, Paus GmbH, IZ-Karteks imeni P.G. Korobkova OOO, Tenova Mining & Minerals, Mine Master Ltd., CMM Equipments, Osborn Engineered Products SA Pty. Ltd., Normet Group, Remote Control Technologies Pty. Ltd., MacLean Engineering & Marketing Co Limited, Strata Products Worldwide LLC . For further insights on this market, request a sample here.

Major trends in this market include Unveiling Advanced Mining Machinery Products For Increased Efficiency And Environmental Friendliness. For further insights on this market, request a sample here.

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