Mining Equipment Global Market Report 2024

Global Mining Equipment Market Report 2024

Mining Equipment Global Market Report 2024 – 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) – Market Size, Trends, And Global Forecast 2024-2033

Name: Mining Equipment Global Market Report 2024
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Mining Equipment Global Market Report 2024

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Mining Equipment Global Market Report 2023

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Mining Equipment Market Definition

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 Segmentation

The mining equipment market 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

Global Mining Equipment Market Size 2023 to 2028: Graph

Mining Equipment Market Size 2024 And Growth Rate

The mining equipment market size has grown strongly in recent years. It will grow from $138.8 billion in 2023 to $149.88 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. 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.

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 $202.3 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. 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.

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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 May 2023, according to the Office for National Statistics, a UK-based government department, UK general government infrastructure spending increased by 15.2% in 2021 and reached $23.8 billion. 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 report are 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.

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 Insights For The Global Mining Equipment Market

Asia-Pacific was the largest region in the mining equipment market in 2023. 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.

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

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.

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.

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

Mining Equipment Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$149.88 billion
Revenue Forecast In 2033	$202.3 billion
Growth Rate	CAGR of 7.8% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
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
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 for an additional fee: 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
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Mining Equipment Market Characteristics

3. Mining Equipment Market Trends And Strategies

4. Mining Equipment Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Mining Equipment Market Size and Growth

5.1. Global Mining Equipment Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Mining Equipment Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Mining Equipment Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Mining Equipment Market Segmentation

6.1. Global Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

IC Engine Vehicle

Electric Vehicle

6.3. Global Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Metal Mining

Mineral Mining

Coal Mining

7. Mining Equipment Market Regional And Country Analysis

7.1. Global Mining Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Mining Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Mining Equipment Market

8.1. Asia-Pacific Mining Equipment Market Overview

Region Information, Impact Of COVID-19, 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, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Mining Equipment Market

10.1. India Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Mining Equipment Market

12.1. Australia Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Mining Equipment Market

13.1. Indonesia Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Mining Equipment Market

16.1. UK Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Mining Equipment Market

17.1. Germany Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Mining Equipment Market

18.1. France Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Mining Equipment Market

19.1. Italy Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Mining Equipment Market

20.1. Spain Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Mining Equipment Market

22.1. Russia Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Mining Equipment Market

27.1. Brazil Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Deere & Company

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Hitachi Construction Machinery Co. Ltd.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Komatsu America Corp.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Liebherr-International AG

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

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

33. Global Mining Equipment Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Mining Equipment Market

35. Mining Equipment Market Future Outlook and Potential Analysis

35.1 Mining Equipment Market In 2028 - Countries Offering Most New Opportunities

35.2 Mining Equipment Market In 2028 - Segments Offering Most New Opportunities

35.3 Mining Equipment Market In 2028 - 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, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Mining Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Mining Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Caterpillar Inc. Financial Performance

Table 75: Deere & Company Financial Performance

Table 76: Hitachi Construction Machinery Co. Ltd. Financial Performance

Table 77: Komatsu America Corp. Financial Performance

Table 78: Liebherr-International AG Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Mining Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Mining Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Mining Equipment Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Mining Equipment Market, Segmentation By Powertrain Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Caterpillar Inc. Financial Performance

Figure 75: Deere & Company Financial Performance

Figure 76: Hitachi Construction Machinery Co. Ltd. Financial Performance

Figure 77: Komatsu America Corp. Financial Performance

Figure 78: Liebherr-International AG Financial Performance

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Frequently Asked Questions

What is the definition of the mining equipment market?

How will the mining equipment market drivers and restraints affect the mining equipment market dynamics? What forces will shape the mining equipment industry going forward?

The mining equipment market major growth driver - surge in mining activities sparks growth in the mining equipment market. For further insights on the mining equipment market, request a sample here

What is the forecast market size or the forecast market value of the mining equipment market ?

The mining equipment market size has grown strongly in recent years. It will grow from $138.8 billion in 2023 to $149.88 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. 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 $202.3 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. 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 the mining equipment market, request a sample here

How is the mining equipment market segmented?

The mining equipment market 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 MiningFor further insights on the mining equipment market, request a sample here

Which region has the largest share of the mining equipment market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the mining equipment market in 2023. 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 the mining equipment market, request a sample here.

Who are the major players in the mining equipment market?

What are the key trends in the mining equipment market?

Major trend in the mining equipment market - advanced ground control systems for safety and efficiency boost. For further insights on the mining equipment market, request a sample here.

What are the major opportunities in the mining equipment market? What are the strategies for the mining equipment market?

For detailed insights on the major opportunities and strategies in the mining equipment market, request a sample here.

How does the mining equipment market relate to the overall economy and other similar markets?

For detailed insights on mining equipment market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the mining equipment industry?

For detailed insights on the mergers and acquisitions in the mining equipment industry, request a sample here.

What are the key dynamics influencing the mining equipment market growth? SWOT analysis of the mining equipment market.

For detailed insights on the key dynamics influencing the mining equipment market growth and SWOT analysis of the mining equipment industry, request a sample here.