

The global market for Mining Equipment was valued at US$ 1422 million in the year 2024 and is projected to reach a revised size of US$ 1609 million by 2031, growing at a CAGR of 1.8% during the forecast period.
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%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Mining Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Mining Equipment.
The Mining Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Mining Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Mining Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
by Type
Surface Mining Equipment
Underground Mining Equipment
Mining Drills & Breakers
Crushing, Pulverizing, & Screening Equipment
by Application
Metal Mining
Mineral Mining
Coal Mining
Production by Region
North America
Europe
South America
Mid East & Africa
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Mining Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Mining Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Mining Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Mining Equipment Market Overview
1.1 Product Definition
1.2 Mining Equipment by Type
1.2.1 Global Mining Equipment Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Surface Mining Equipment
1.2.3 Underground Mining Equipment
1.2.4 Mining Drills & Breakers
1.2.5 Crushing, Pulverizing, & Screening Equipment
1.3 Mining Equipment by Application
1.3.1 Global Mining Equipment Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Metal Mining
1.3.3 Mineral Mining
1.3.4 Coal Mining
1.4 Global Market Growth Prospects
1.4.1 Global Mining Equipment Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Mining Equipment Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Mining Equipment Production Estimates and Forecasts (2020-2031)
1.4.4 Global Mining Equipment Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Mining Equipment Production Market Share by Manufacturers (2020-2025)
2.2 Global Mining Equipment Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Mining Equipment, Industry Ranking, 2023 VS 2024
2.4 Global Mining Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Mining Equipment Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Mining Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Mining Equipment, Product Offered and Application
2.8 Global Key Manufacturers of Mining Equipment, Date of Enter into This Industry
2.9 Mining Equipment Market Competitive Situation and Trends
2.9.1 Mining Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest Mining Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Mining Equipment Production by Region
3.1 Global Mining Equipment Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Mining Equipment Production Value by Region (2020-2031)
3.2.1 Global Mining Equipment Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Mining Equipment by Region (2026-2031)
3.3 Global Mining Equipment Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Mining Equipment Production Volume by Region (2020-2031)
3.4.1 Global Mining Equipment Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Mining Equipment by Region (2026-2031)
3.5 Global Mining Equipment Market Price Analysis by Region (2020-2025)
3.6 Global Mining Equipment Production and Value, Year-over-Year Growth
3.6.1 North America Mining Equipment Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Mining Equipment Production Value Estimates and Forecasts (2020-2031)
3.6.3 South America Mining Equipment Production Value Estimates and Forecasts (2020-2031)
3.6.4 Mid East & Africa Mining Equipment Production Value Estimates and Forecasts (2020-2031)
3.6.5 China Mining Equipment Production Value Estimates and Forecasts (2020-2031)
3.6.6 Japan Mining Equipment Production Value Estimates and Forecasts (2020-2031)
3.6.7 South Korea Mining Equipment Production Value Estimates and Forecasts (2020-2031)
4 Mining Equipment Consumption by Region
4.1 Global Mining Equipment Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Mining Equipment Consumption by Region (2020-2031)
4.2.1 Global Mining Equipment Consumption by Region (2020-2025)
4.2.2 Global Mining Equipment Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Mining Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Mining Equipment Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Mining Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Mining Equipment Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Mining Equipment Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Mining Equipment Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Mining Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Mining Equipment Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Mining Equipment Production by Type (2020-2031)
5.1.1 Global Mining Equipment Production by Type (2020-2025)
5.1.2 Global Mining Equipment Production by Type (2026-2031)
5.1.3 Global Mining Equipment Production Market Share by Type (2020-2031)
5.2 Global Mining Equipment Production Value by Type (2020-2031)
5.2.1 Global Mining Equipment Production Value by Type (2020-2025)
5.2.2 Global Mining Equipment Production Value by Type (2026-2031)
5.2.3 Global Mining Equipment Production Value Market Share by Type (2020-2031)
5.3 Global Mining Equipment Price by Type (2020-2031)
6 Segment by Application
6.1 Global Mining Equipment Production by Application (2020-2031)
6.1.1 Global Mining Equipment Production by Application (2020-2025)
6.1.2 Global Mining Equipment Production by Application (2026-2031)
6.1.3 Global Mining Equipment Production Market Share by Application (2020-2031)
6.2 Global Mining Equipment Production Value by Application (2020-2031)
6.2.1 Global Mining Equipment Production Value by Application (2020-2025)
6.2.2 Global Mining Equipment Production Value by Application (2026-2031)
6.2.3 Global Mining Equipment Production Value Market Share by Application (2020-2031)
6.3 Global Mining Equipment Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Caterpillar
7.1.1 Caterpillar Mining Equipment Company Information
7.1.2 Caterpillar Mining Equipment Product Portfolio
7.1.3 Caterpillar Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Caterpillar Main Business and Markets Served
7.1.5 Caterpillar Recent Developments/Updates
7.2 Komatsu
7.2.1 Komatsu Mining Equipment Company Information
7.2.2 Komatsu Mining Equipment Product Portfolio
7.2.3 Komatsu Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Komatsu Main Business and Markets Served
7.2.5 Komatsu Recent Developments/Updates
7.3 AB Volvo
7.3.1 AB Volvo Mining Equipment Company Information
7.3.2 AB Volvo Mining Equipment Product Portfolio
7.3.3 AB Volvo Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.3.4 AB Volvo Main Business and Markets Served
7.3.5 AB Volvo Recent Developments/Updates
7.4 Hitachi Construction
7.4.1 Hitachi Construction Mining Equipment Company Information
7.4.2 Hitachi Construction Mining Equipment Product Portfolio
7.4.3 Hitachi Construction Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Hitachi Construction Main Business and Markets Served
7.4.5 Hitachi Construction Recent Developments/Updates
7.5 Joy Global(P&H)
7.5.1 Joy Global(P&H) Mining Equipment Company Information
7.5.2 Joy Global(P&H) Mining Equipment Product Portfolio
7.5.3 Joy Global(P&H) Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Joy Global(P&H) Main Business and Markets Served
7.5.5 Joy Global(P&H) Recent Developments/Updates
7.6 Sandvik
7.6.1 Sandvik Mining Equipment Company Information
7.6.2 Sandvik Mining Equipment Product Portfolio
7.6.3 Sandvik Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Sandvik Main Business and Markets Served
7.6.5 Sandvik Recent Developments/Updates
7.7 Atlas Copco
7.7.1 Atlas Copco Mining Equipment Company Information
7.7.2 Atlas Copco Mining Equipment Product Portfolio
7.7.3 Atlas Copco Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Atlas Copco Main Business and Markets Served
7.7.5 Atlas Copco Recent Developments/Updates
7.8 Metso
7.8.1 Metso Mining Equipment Company Information
7.8.2 Metso Mining Equipment Product Portfolio
7.8.3 Metso Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Metso Main Business and Markets Served
7.8.5 Metso Recent Developments/Updates
7.9 Thyssenkrupp
7.9.1 Thyssenkrupp Mining Equipment Company Information
7.9.2 Thyssenkrupp Mining Equipment Product Portfolio
7.9.3 Thyssenkrupp Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Thyssenkrupp Main Business and Markets Served
7.9.5 Thyssenkrupp Recent Developments/Updates
7.10 Liebherr
7.10.1 Liebherr Mining Equipment Company Information
7.10.2 Liebherr Mining Equipment Product Portfolio
7.10.3 Liebherr Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Liebherr Main Business and Markets Served
7.10.5 Liebherr Recent Developments/Updates
7.11 Terex Mining
7.11.1 Terex Mining Mining Equipment Company Information
7.11.2 Terex Mining Mining Equipment Product Portfolio
7.11.3 Terex Mining Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Terex Mining Main Business and Markets Served
7.11.5 Terex Mining Recent Developments/Updates
7.12 Kawasaki
7.12.1 Kawasaki Mining Equipment Company Information
7.12.2 Kawasaki Mining Equipment Product Portfolio
7.12.3 Kawasaki Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Kawasaki Main Business and Markets Served
7.12.5 Kawasaki Recent Developments/Updates
7.13 Zhengzhou Coal Mining Machinery
7.13.1 Zhengzhou Coal Mining Machinery Mining Equipment Company Information
7.13.2 Zhengzhou Coal Mining Machinery Mining Equipment Product Portfolio
7.13.3 Zhengzhou Coal Mining Machinery Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Zhengzhou Coal Mining Machinery Main Business and Markets Served
7.13.5 Zhengzhou Coal Mining Machinery Recent Developments/Updates
7.14 Weir Group
7.14.1 Weir Group Mining Equipment Company Information
7.14.2 Weir Group Mining Equipment Product Portfolio
7.14.3 Weir Group Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Weir Group Main Business and Markets Served
7.14.5 Weir Group Recent Developments/Updates
7.15 FLSmidth
7.15.1 FLSmidth Mining Equipment Company Information
7.15.2 FLSmidth Mining Equipment Product Portfolio
7.15.3 FLSmidth Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.15.4 FLSmidth Main Business and Markets Served
7.15.5 FLSmidth Recent Developments/Updates
7.16 Tenova TAKRAF
7.16.1 Tenova TAKRAF Mining Equipment Company Information
7.16.2 Tenova TAKRAF Mining Equipment Product Portfolio
7.16.3 Tenova TAKRAF Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Tenova TAKRAF Main Business and Markets Served
7.16.5 Tenova TAKRAF Recent Developments/Updates
7.17 Doosan
7.17.1 Doosan Mining Equipment Company Information
7.17.2 Doosan Mining Equipment Product Portfolio
7.17.3 Doosan Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Doosan Main Business and Markets Served
7.17.5 Doosan Recent Developments/Updates
7.18 SANYI
7.18.1 SANYI Mining Equipment Company Information
7.18.2 SANYI Mining Equipment Product Portfolio
7.18.3 SANYI Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.18.4 SANYI Main Business and Markets Served
7.18.5 SANYI Recent Developments/Updates
7.19 NHI
7.19.1 NHI Mining Equipment Company Information
7.19.2 NHI Mining Equipment Product Portfolio
7.19.3 NHI Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.19.4 NHI Main Business and Markets Served
7.19.5 NHI Recent Developments/Updates
7.20 Furukawa
7.20.1 Furukawa Mining Equipment Company Information
7.20.2 Furukawa Mining Equipment Product Portfolio
7.20.3 Furukawa Mining Equipment Production, Value, Price and Gross Margin (2020-2025)
7.20.4 Furukawa Main Business and Markets Served
7.20.5 Furukawa Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Mining Equipment Industry Chain Analysis
8.2 Mining Equipment Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Mining Equipment Production Mode & Process Analysis
8.4 Mining Equipment Sales and Marketing
8.4.1 Mining Equipment Sales Channels
8.4.2 Mining Equipment Distributors
8.5 Mining Equipment Customer Analysis
9 Mining Equipment Market Dynamics
9.1 Mining Equipment Industry Trends
9.2 Mining Equipment Market Drivers
9.3 Mining Equipment Market Challenges
9.4 Mining Equipment Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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
Ìý
Ìý
*If Applicable.