Global Mining Equipment Market Key Manufacturers, Size, Share, Demands, Growth Rate, Covid-19 Impact and Forecasts to 2025

The global mining equipment market is expected to reach US$125.7 billion in 2025, growing at a CAGR of 5%, during 2021-2025. Factors such as increasing coal consumption in China, rising copper production from underground, growing sales of mineral fertilizers, rising demand for cobalt batteries and increasing use of electric machinery in underground mining would drive the growth of the market. However, the market growth would be challenged by export of used mining machinery to developing countries and stringent regulations on mining activities. A few notable trends may include Upsurge in the copper consumption in passenger vehicles, accelerating capital expenditure in mining industry, use of telematics in mining machinery and growing use of outsourcing equipment.

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Mining equipment market is expanding speedily all across the world due to the development in new mining tools and machinery. Technology is becoming a critical differentiating factor for manufacturers and mining companies as digitization and automation are continuously gaining momentum. Key players are focusing on reducing the cost of extraction and equipment maintenance. Moreover, the industry is witnessing a large scale adoption of different clusters of technologies, such as robotics & automation, smart sensors, and 3D printing, to enhance operational efficiency, which is propelling the market growth considerably.

Regionally, the market is analyzed across Asia-Pacific, North America, Europe, and ROW. Asia-Pacific holds the largest market share for mining equipment with India, Australia, and China as the main revenue-generating countries in region. Further, the outbreak of the COVID-19 pandemic has slowed down the mining activities, due to the legal restrictions and lockdown measures, which impacted the mining equipment market in 2020.

Scope of the report:
The report provides a comprehensive analysis of the global mining equipment market.
The major regional markets (Asia-Pacific, North America, Europe, and ROW) have been analyzed in detail.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
The competitive landscape of the market, along with the company profiles of leading players (Hitachi Caterpillar Inc., Komatsu Limited, Liebherr, Atlas Copco and Sandvik) are also presented in detail.

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Key Target Audience:
Mining Equipment Manufacturers
Supply Chain Partners
End Users (Underground Miners and Surface Miners)
Consulting Firms
Investment Banks
Government Bodies & Regulating Authorities

Table of Contents:
1. Market Overview
1.1 Introduction
1.2 Types of Mining Process
1.3 Common Heavy Equipment for Mining
1.4 Mining Equipment Automation
1.5 A Typical Mining Equipment Cycle
1.6 Mining Equipment Value Chain
2. COVID-19 Impact
2.1 Downfall in the Iron Ore Production
2.2 Decline in Copper Exploration Spending
2.3 Fall in the Rig Count
3. Global Market
3.1 Global Mining Equipment Market by Value
3.2 Global Mining Equipment Market Forecast by Value
3.3 Global Mining Equipment Market by Type
3.3.1 Global Surface Mining Equipment Market by Value
3.3.2 Global Surface Mining Equipment Market Forecast by Value
3.3.3 Global Underground Mining Equipment Market by Value
3.3.4 Global Underground Mining Equipment Market Forecast by Value
3.3.5 Global Mineral Processing Equipment Market by Value
3.3.6 Global Mineral Processing Equipment Market Forecast by Value
3.4 Global Mining Equipment Market by Application
3.4.1 Global Metal Mining Equipment Market by Value
3.4.2 Global Metal Mining Equipment Market Forecast by Value
3.4.3 Global Non-Metal Mining Equipment Market by Value
3.4.4 Global Non-Metal Mining Equipment Market Forecast by Value
3.4.5 Global Coal Mining Equipment Market by Value
3.4.6 Global Coal Mining Equipment Market Forecast by Value
3.5 Global Mining Equipment Market by Regions

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4. Regional Market
4.1 Asia Pacific
4.1.1 Asia Pacific Mining Equipment Market by Value
4.1.2 Asia Pacific Mining Equipment Market Forecast by Value
4.2 North America
4.2.1 North America Mining Equipment Market by Value
4.2.2 North America Mining Equipment Market Forecast by Value
4.2.3 North America Mining Equipment Market by Regions
4.2.4 The U.S. Mining Equipment Market Forecast by Value
4.2.5 The U.S. Mining Equipment Market Forecast by Value
4.2.6 The U.S. Mining Equipment Market by Type
4.2.7 The U.S. Surface Mining Equipment Market Forecast by Value
4.2.8 The U.S. Surface Mining Equipment Market Forecast by Value
4.2.9 The U.S. Underground Mining Equipment Market Forecast by Value
4.2.10 The U.S. Underground Mining Equipment Market Forecast by Value
4.3 Europe
4.3.1 Europe Mining Equipment Market by Value
4.3.2 Europe Mining Equipment Market Forecast by Value
4.4 ROW
4.4.1 ROW Mining Equipment Market by Value
4.4.2 ROW Mining Equipment Market Forecast by Value
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Coal Consumption in China
5.1.2 Rising Copper Production from Underground
5.1.3 Growing Sales of Mineral Fertilizers
5.1.4 Rising Demand for Cobalt Batteries
5.1.5 Increasing Use of Electric Machinery in Underground Mining
5.2 Key Trends & Developments
5.2.1 Upsurge in the Copper Consumption in Passenger Vehicles
5.2.2 Accelerating Capital Expenditure in Mining Industry
5.2.3 Use of Telematics in Mining Machinery
5.2.4 Growing Use of Outsourcing Equipment
5.3 Challenges
5.3.1 Export of Used Mining Machinery to Developing Countries
5.3.2 Stringent Regulations on Mining Activities
6. Competitive Landscape
6.1 Global Market
6.1.1 Key Players - Revenue Comparison
6.1.2 Key Players - Market Capitalization Comparison
7. Company Profiles
7.1 Hitachi
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.2 Caterpillar Inc.
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategies
7.3 Komatsu Limited
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategies
7.4 Liebherr
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategies
7.5 Atlas Copco
7.5.1 Business Overview
7.5.2 Financial Overview
7.5.3 Business Strategies
7.6 Sandvik
7.6.1 Business Overview
7.6.2 Financial Overview
7.6.3 Business Strategies

List of Figures:
Types of Mining Process
Mining Equipment Automation
A Typical Mining Equipment Cycle
Mining Equipment Value Chain
Global Iron Ore Production (2019-2020)
Copper Exploration Spending by Region (2020)
The U.S. Total Rig Count (2015-2021)
Global Mining Equipment Market by Value (2016-2020)
Global Mining Equipment Market Forecast by Value (2021-2025)
Global Mining Equipment Market by Type (2020)
Global Surface Mining Equipment Market by Value (2016-2020)
Global Surface Mining Equipment Market Forecast by Value (2021-2025)
Global Underground Mining Equipment Market by Value (2016-2020)
Global Underground Mining Equipment Market Forecast by Value (2021-2025)
Global Mineral Processing Equipment Market by Value (2016-2020)
Global Mineral Processing Equipment Market Forecast by Value (2021-2025)
Global Mining Equipment Market by Application (2020)
Global Metal Mining Equipment Market by Value (2016-2020)
Global Metal Mining Equipment Market Forecast by Value (2021-2025)
Global Non-Metal Mining Equipment Market by Value (2016-2020)
Global Non-Metal Mining Equipment Market Forecast by Value (2021-2025)
Global Coal Mining Equipment Market by Value (2016-2020)
Global Coal Mining Equipment Market Forecast by Value (2021-2025)
Global Mining Equipment Market by Regions (2020)
Asia Pacific Mining Equipment Market by Value (2016-2020)
Asia Pacific Mining Equipment Market Forecast by Value (2021-2025)
North America Mining Equipment Market by Value (2016-2020)
North America Mining Equipment Market Forecast by Value (2021-2025)
North America Mining Equipment Market by Regions (2020)
The U.S. Mining Equipment Market Forecast by Value (2016-2020)
The U.S. Mining Equipment Market Forecast by Value (2021-2025)
The U.S. Mining Equipment Market by Type (2020)
The U.S. Surface Mining Equipment Market Forecast by Value (2016-2020)
The U.S. Surface Mining Equipment Market Forecast by Value (2021-2025)
The U.S. Underground Mining Equipment Market Forecast by Value (2016-2020)
The U.S. Underground Mining Equipment Market Forecast by Value (2021-2025)
Europe Mining Equipment Market by Value (2016-2020)
Europe Mining Equipment Market Forecast by Value (2021-2025)
ROW Mining Equipment Market by Value (2016-2020)
ROW Mining Equipment Market Forecast by Value (2021-2025)
Global Coal Consumption by Region (2019-2021)
Percentage of Copper Produced from Underground Mining (2019-2030)
Global Mineral Fertilizers Market (2020-2024)
Global Cobalt Batteries Demand (2017-2025)
Global Copper Consumption in EVs and ICE Passenger Vehicles (2020-2025)
Capital Expenditure of Top 20 Miners Worldwide (2018-2021)
Hitachi Revenue and Net Income (2016-2020)
Hitachi Revenue by Segment (2020)
Hitachi Revenue by Region (2020)
Caterpillar Inc. Sales Revenue and Profit (2016-2020)
Caterpillar Inc. Sales Revenue by Segment (2020)
Caterpillar Inc. Sales Revenue by Regions (2020)
Komatsu Limited Net Sales and Net Income (2016-2020)
Komatsu Limited Net Sales by Segments (2020)
Komatsu Limited Net Sales by Regions (2020)
Liebherr Sales Revenue and Profit(2016-2020)
Liebherr Sales Revenue by Segments (2020)
Liebherr Sales Revenue by Regions (2020)
Atlas Copco Revenue and Profit (2016-2020)
Atlas Copco Revenue by Segments (2020)
Atlas Copco Revenue by Region (2020)
Sandvik Revenue and Profit (2016-2020)
Sandvik Revenue by Business Areas (2020)
Sandvik Revenue by Regions (2020)

List of Table:
Common Heavy Equipment for Mining
Key Players - Revenue Comparison (2020)
Key Players - Market Capitalization Comparison (2021)

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