Global Mining Equipment Market Growth 2025-2031

Publication ID:

LPI07254970

Publication Date:

July 4, 2025

Pages:

132

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global Mining Equipment market size is predicted to grow from US$ 1414 million in 2025 to US$ 1580 million in 2031; it is expected to grow at a CAGR of 1.9% from 2025 to 2031.
The Mining Equipment includes the consumption of underground mining equipment and Surface mining equipment, such as crushing, pulverizing and screening machinery, portable drilling rigs and parts, portable crushing, screening, washing and combination plants, drills and other machinery (except parts).
In this report, we mainly do research and analysis for drill jumbo, drilling rig and drilling machine.
The major players in global Mining Equipment market include Caterpillar, Komatsu, etc. The top 2 players occupy over 30% shares of the global market. North America and Asia-Pacific are main markets, they occupy about 50% of the global market. Surface Mining Equipment and Underground Mining Equipment are main types, with a share about 70%. Metal Mining is the main application, which holds a share about 50%.
The 鈥淢ining Equipment Industry Forecast鈥� looks at past sales and reviews total world Mining Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Mining Equipment sales for 2025 through 2031. With Mining Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mining Equipment industry.
This Insight Report provides a comprehensive analysis of the global Mining Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mining Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Mining Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mining Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mining Equipment.
This report presents a comprehensive overview, market shares, and growth opportunities of Mining Equipment market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Surface Mining Equipment
Underground Mining Equipment
Mining Drills & Breakers
Crushing, Pulverizing, & Screening Equipment
Segmentation by Application:
Metal Mining
Mineral Mining
Coal Mining
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Caterpillar
Komatsu
AB Volvo
Hitachi Construction
Joy Global(P&H)
Sandvik
Atlas Copco
Metso
Thyssenkrupp
Liebherr
Terex Mining
Kawasaki
Zhengzhou Coal Mining Machinery
Weir Group
FLSmidth
Tenova TAKRAF
Doosan
SANYI
NHI
Furukawa
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mining Equipment market?
What factors are driving Mining Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mining Equipment market opportunities vary by end market size?
How does Mining Equipment break out by Type, by Application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Mining Equipment Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Mining Equipment by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Mining Equipment by Country/Region, 2020, 2024 & 2031
2.2 Mining Equipment Segment by Type
2.2.1 Surface Mining Equipment
2.2.2 Underground Mining Equipment
2.2.3 Mining Drills & Breakers
2.2.4 Crushing, Pulverizing, & Screening Equipment
2.3 Mining Equipment Sales by Type
2.3.1 Global Mining Equipment Sales Market Share by Type (2020-2025)
2.3.2 Global Mining Equipment Revenue and Market Share by Type (2020-2025)
2.3.3 Global Mining Equipment Sale Price by Type (2020-2025)
2.4 Mining Equipment Segment by Application
2.4.1 Metal Mining
2.4.2 Mineral Mining
2.4.3 Coal Mining
2.5 Mining Equipment Sales by Application
2.5.1 Global Mining Equipment Sale Market Share by Application (2020-2025)
2.5.2 Global Mining Equipment Revenue and Market Share by Application (2020-2025)
2.5.3 Global Mining Equipment Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Mining Equipment Breakdown Data by Company
3.1.1 Global Mining Equipment Annual Sales by Company (2020-2025)
3.1.2 Global Mining Equipment Sales Market Share by Company (2020-2025)
3.2 Global Mining Equipment Annual Revenue by Company (2020-2025)
3.2.1 Global Mining Equipment Revenue by Company (2020-2025)
3.2.2 Global Mining Equipment Revenue Market Share by Company (2020-2025)
3.3 Global Mining Equipment Sale Price by Company
3.4 Key Manufacturers Mining Equipment Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Mining Equipment Product Location Distribution
3.4.2 Players Mining Equipment Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Mining Equipment by Geographic Region
4.1 World Historic Mining Equipment Market Size by Geographic Region (2020-2025)
4.1.1 Global Mining Equipment Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Mining Equipment Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Mining Equipment Market Size by Country/Region (2020-2025)
4.2.1 Global Mining Equipment Annual Sales by Country/Region (2020-2025)
4.2.2 Global Mining Equipment Annual Revenue by Country/Region (2020-2025)
4.3 Americas Mining Equipment Sales Growth
4.4 APAC Mining Equipment Sales Growth
4.5 Europe Mining Equipment Sales Growth
4.6 Middle East & Africa Mining Equipment Sales Growth
5 Americas
5.1 Americas Mining Equipment Sales by Country
5.1.1 Americas Mining Equipment Sales by Country (2020-2025)
5.1.2 Americas Mining Equipment Revenue by Country (2020-2025)
5.2 Americas Mining Equipment Sales by Type (2020-2025)
5.3 Americas Mining Equipment Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Mining Equipment Sales by Region
6.1.1 APAC Mining Equipment Sales by Region (2020-2025)
6.1.2 APAC Mining Equipment Revenue by Region (2020-2025)
6.2 APAC Mining Equipment Sales by Type (2020-2025)
6.3 APAC Mining Equipment Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Mining Equipment by Country
7.1.1 Europe Mining Equipment Sales by Country (2020-2025)
7.1.2 Europe Mining Equipment Revenue by Country (2020-2025)
7.2 Europe Mining Equipment Sales by Type (2020-2025)
7.3 Europe Mining Equipment Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Mining Equipment by Country
8.1.1 Middle East & Africa Mining Equipment Sales by Country (2020-2025)
8.1.2 Middle East & Africa Mining Equipment Revenue by Country (2020-2025)
8.2 Middle East & Africa Mining Equipment Sales by Type (2020-2025)
8.3 Middle East & Africa Mining Equipment Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Mining Equipment
10.3 Manufacturing Process Analysis of Mining Equipment
10.4 Industry Chain Structure of Mining Equipment
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Mining Equipment Distributors
11.3 Mining Equipment Customer
12 World Forecast Review for Mining Equipment by Geographic Region
12.1 Global Mining Equipment Market Size Forecast by Region
12.1.1 Global Mining Equipment Forecast by Region (2026-2031)
12.1.2 Global Mining Equipment Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Mining Equipment Forecast by Type (2026-2031)
12.7 Global Mining Equipment Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Caterpillar
13.1.1 Caterpillar Company Information
13.1.2 Caterpillar Mining Equipment Product Portfolios and Specifications
13.1.3 Caterpillar Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Caterpillar Main Business Overview
13.1.5 Caterpillar Latest Developments
13.2 Komatsu
13.2.1 Komatsu Company Information
13.2.2 Komatsu Mining Equipment Product Portfolios and Specifications
13.2.3 Komatsu Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Komatsu Main Business Overview
13.2.5 Komatsu Latest Developments
13.3 AB Volvo
13.3.1 AB Volvo Company Information
13.3.2 AB Volvo Mining Equipment Product Portfolios and Specifications
13.3.3 AB Volvo Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 AB Volvo Main Business Overview
13.3.5 AB Volvo Latest Developments
13.4 Hitachi Construction
13.4.1 Hitachi Construction Company Information
13.4.2 Hitachi Construction Mining Equipment Product Portfolios and Specifications
13.4.3 Hitachi Construction Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Hitachi Construction Main Business Overview
13.4.5 Hitachi Construction Latest Developments
13.5 Joy Global(P&H)
13.5.1 Joy Global(P&H) Company Information
13.5.2 Joy Global(P&H) Mining Equipment Product Portfolios and Specifications
13.5.3 Joy Global(P&H) Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Joy Global(P&H) Main Business Overview
13.5.5 Joy Global(P&H) Latest Developments
13.6 Sandvik
13.6.1 Sandvik Company Information
13.6.2 Sandvik Mining Equipment Product Portfolios and Specifications
13.6.3 Sandvik Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Sandvik Main Business Overview
13.6.5 Sandvik Latest Developments
13.7 Atlas Copco
13.7.1 Atlas Copco Company Information
13.7.2 Atlas Copco Mining Equipment Product Portfolios and Specifications
13.7.3 Atlas Copco Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Atlas Copco Main Business Overview
13.7.5 Atlas Copco Latest Developments
13.8 Metso
13.8.1 Metso Company Information
13.8.2 Metso Mining Equipment Product Portfolios and Specifications
13.8.3 Metso Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Metso Main Business Overview
13.8.5 Metso Latest Developments
13.9 Thyssenkrupp
13.9.1 Thyssenkrupp Company Information
13.9.2 Thyssenkrupp Mining Equipment Product Portfolios and Specifications
13.9.3 Thyssenkrupp Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Thyssenkrupp Main Business Overview
13.9.5 Thyssenkrupp Latest Developments
13.10 Liebherr
13.10.1 Liebherr Company Information
13.10.2 Liebherr Mining Equipment Product Portfolios and Specifications
13.10.3 Liebherr Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Liebherr Main Business Overview
13.10.5 Liebherr Latest Developments
13.11 Terex Mining
13.11.1 Terex Mining Company Information
13.11.2 Terex Mining Mining Equipment Product Portfolios and Specifications
13.11.3 Terex Mining Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Terex Mining Main Business Overview
13.11.5 Terex Mining Latest Developments
13.12 Kawasaki
13.12.1 Kawasaki Company Information
13.12.2 Kawasaki Mining Equipment Product Portfolios and Specifications
13.12.3 Kawasaki Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Kawasaki Main Business Overview
13.12.5 Kawasaki Latest Developments
13.13 Zhengzhou Coal Mining Machinery
13.13.1 Zhengzhou Coal Mining Machinery Company Information
13.13.2 Zhengzhou Coal Mining Machinery Mining Equipment Product Portfolios and Specifications
13.13.3 Zhengzhou Coal Mining Machinery Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Zhengzhou Coal Mining Machinery Main Business Overview
13.13.5 Zhengzhou Coal Mining Machinery Latest Developments
13.14 Weir Group
13.14.1 Weir Group Company Information
13.14.2 Weir Group Mining Equipment Product Portfolios and Specifications
13.14.3 Weir Group Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Weir Group Main Business Overview
13.14.5 Weir Group Latest Developments
13.15 FLSmidth
13.15.1 FLSmidth Company Information
13.15.2 FLSmidth Mining Equipment Product Portfolios and Specifications
13.15.3 FLSmidth Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 FLSmidth Main Business Overview
13.15.5 FLSmidth Latest Developments
13.16 Tenova TAKRAF
13.16.1 Tenova TAKRAF Company Information
13.16.2 Tenova TAKRAF Mining Equipment Product Portfolios and Specifications
13.16.3 Tenova TAKRAF Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Tenova TAKRAF Main Business Overview
13.16.5 Tenova TAKRAF Latest Developments
13.17 Doosan
13.17.1 Doosan Company Information
13.17.2 Doosan Mining Equipment Product Portfolios and Specifications
13.17.3 Doosan Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Doosan Main Business Overview
13.17.5 Doosan Latest Developments
13.18 SANYI
13.18.1 SANYI Company Information
13.18.2 SANYI Mining Equipment Product Portfolios and Specifications
13.18.3 SANYI Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 SANYI Main Business Overview
13.18.5 SANYI Latest Developments
13.19 NHI
13.19.1 NHI Company Information
13.19.2 NHI Mining Equipment Product Portfolios and Specifications
13.19.3 NHI Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 NHI Main Business Overview
13.19.5 NHI Latest Developments
13.20 Furukawa
13.20.1 Furukawa Company Information
13.20.2 Furukawa Mining Equipment Product Portfolios and Specifications
13.20.3 Furukawa Mining Equipment Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Furukawa Main Business Overview
13.20.5 Furukawa Latest Developments
14 Research Findings and Conclusion

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