Press release
Global Mining Equipment Market Size, Industry Trends, Share and Forecast 2020-2026
The global mining equipment market is estimated to grow at a CAGR of 4.6% during the forecast period. Rising demand for electric machinery in underground mining is one of the key factors accelerating market growth. In July 2020, Sandvik expects southern African mines to witness more interest in battery-powered, electric underground drill rigs owing to their environmental benefits and operating efficiency. The major advantages of the battery concept in underground drill rigs include much less heat and zero emissions, which makes it suitable for healthier and safer working conditions.To Request a Sample of our Report on Global Mining Equipment Market: https://www.omrglobal.com/request-sample/mining-equipment-market
Several other benefits of this technology comprise augmented drilling productivity, better energy efficiency, and decreased operating costs. Sandvik has been witnessing the popularity of its DD422iE rig in southern Africa, which has been in development for 3 years across countries having strict anti-pollution regulations including Canada. The DD422iE utilizes an electric driveline along with an electric motor that is mechanically connected to axles. The power system of the rig draws from its batteries at the time of peak loads to produce a 20% rise in drilling power. However, no waiting time is required for batteries since they are charged during drilling cycle phases when there is a low power intake.
Scope of the Global Mining Equipment Market
Market Coverage
· The market number available for 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
· Segment Covered- By Type and Application
· Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World
· Competitive Landscape- Caterpillar Inc., Atlas Copco AB, Liebherr Group, Komatsu Ltd., and Sandvik AB
(Get 15% Discount on Buying this Report)
A full Report of Global Mining Equipment Market is Available at: https://www.omrglobal.com/industry-reports/mining-equipment-market
Recent Strategic Initiatives in the Global Mining Equipment Market
· In December 2020, Doosan Infracore North America increased its excavator series with its largest model yet. This named Doosan DX800LC-7 excavator augments the footprint of the company in the aggregate mining industry. The excavator size of the crawler makes it suitable for pit and quarry customers. In addition, it is also suitable as a large machine for heavy infrastructure and construction activities. It can efficiently load large amounts of material and eliminate overburden into trucks at quarries.
· In February 2020, FLSmidth received an order from Slavkaliy for delivering equipment to a new potassium mining and processing facility in Belarus. The company will deliver liquid-solid separation equipment islands to Slavkaliy for a new facility in the Nezhinsky area of the Starobinskoye potassium salt deposits in Belarus. The liquid-solid separation equipment islands comprise a significant number of thickener and clarifier, pan- and horizontal belt filter packages.
Key questions addressed by the report
· What is the market growth rate?
· Which segment/region dominates the market in the base year?
· Which segment/region will project the fastest growth in the market?
· How COVID-19 impacted the market?
Ø Recovery Timeline
Ø Deviation from the pre-COVID forecast
Ø Most affected region/segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
Global Mining Equipment Market-Segmentation
By Type
· Surface Mining Equipment
· Mineral Processing Equipment
· Underground Mining Equipment
By Application
· Coal Mining
· Metal Mining
· Non-Metal Mining
Global Mining Equipment Market– Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of The World
Company Profiles
· AB Volvo
· Astec Industries, Inc.
· Bell Equipment, Ltd.
· Boart Longyear, Ltd.
· China Coal Energy Co., Ltd.
· CNH Industrial N.V.
· Corum Group
· Epiroc AB
· Famur SA
· FLSmidth A/S
· Furukawa Co. Ltd.
· Hitachi Constructioxn Machinery Co., Ltd.
· Hyundai Heavy Industries Holdings Co., Ltd.
· JCB Sales, Ltd.
· John Deere
· Metso Outotec Corp.
· Northern Heavy Industries Group Co., Ltd.
· RCR Tomlinson, Ltd.
· Sandvik AB
· Sany Group
· Thyssenkrupp AG
· Zhengzhou Coal Mine Machinery Group Ltd. (ZMJ Group)
Reasons to Buy from us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/mining-equipment-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Mining Equipment Market Size, Industry Trends, Share and Forecast 2020-2026 here
News-ID: 2406633 • Views: …
More Releases from Orion Market Research

Terahertz Technology Market Set to Witness Significant Growth by 2032 | TOPTICA …
The Terahertz Technology Market was valued at approximately USD 1.09 billion in 2024 and is projected to reach USD 4.08 billion by 2032, reflecting a compound annual growth rate (CAGR) of 18.1% from 2025 to 2032.
Terahertz Technology Market Overview
Terahertz (THz) technology operates in the electromagnetic spectrum between microwave and infrared waves, encompassing frequencies from 0.1 to 10 THz. This technology is gaining prominence due to its non-ionizing radiation, enabling…

Specialty Tapes Market Set to Witness Significant Growth by 2032 | Avery Denniso …
The global Specialty Tapes Market was valued at approximately USD 55.39 billion in 2023 and is projected to reach USD 96.3 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.3% from 2024 to 2032.
Specialty Tapes Market Overview
The Specialty Tapes Market encompasses a diverse range of adhesive products tailored for specific applications across various industries. These tapes are characterized by their unique properties, such as high temperature…

Safety Helmets Market Set to Witness Significant Growth by 2033 | MSA Safety, Uv …
The global Safety Helmets Market was valued at approximately USD 5.01 billion in 2024, and it is expected to reach around USD 9.76 billion by 2033, growing at a *compound annual growth rate (CAGR) of about 7.7% from 2025 to 2033.
Safety Helmets Market Overview
The Safety Helmets Market is gaining momentum as industries like construction, manufacturing, mining, and infrastructure increasingly emphasize worker safety and regulatory compliance. Safety helmets-designed to protect against…

Sales Performance Management Market Gaining Momentum by 2033 | Xactly Corporatio …
The global Sales Performance Management market was valued at approximately USD 5.62 billion in 2024 and is projected to grow to about USD 18.22 billion by 2033, with a compound annual growth rate (CAGR) of approximately 13.27% between 2025 and 2033.
Sales Performance Management Market Overview
Sales Performance Management integrates tools and processes designed to boost sales productivity, optimize incentive structures, and align field sales efforts with business goals. Today's market is…
More Releases for Mining
Gold Mining Market is Booming Worldwide | Newmont Mining, Coeur Mining, Freeport …
The " Gold Mining - Market Development Outlook " Study has been added to AMA Research repository. The study envisage detailed qualitative as well as quantitative market data insights and follows Industry benchmark classification and NAICS standards to built strong players coverage in the study. Some of the major and emerging players identified are Newmont Mining United States), Coeur Mining (United States), Freeport-McMoRan (United States), North Bloomfield Mining and Gravel…
Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Eq …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in mining equipment. Moreover, various domestic players are investing in the mining sector, which is anticipated to boost the demand for mining equipment such as crusher, trucks, loaders, diggers, and others as to complete operations with reduced labor cost and high precision of work within optimized time. Furthermore, the surface mining equipment market…
Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Eq …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in mining equipment. Moreover, various domestic players are investing in the mining sector, which is anticipated to boost the demand for mining equipment such as crusher, trucks, loaders, diggers, and others as to complete operations with reduced labor cost and high precision of work within optimized time. Furthermore, the surface mining equipment market…
Coal Mining Market by Mining Technology, Underground Mining and Application with …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe.
The report segments the coal mining market on the basis of mining technology, application, and geography. On the basis of mining technology, the market is bifurcated into surface mining and underground mining.
Surface…
Base Metals Mining Market in China to 2021| Zijin Mining Group Company, China Da …
Albany, NY, 1st November : Recent research and the current scenario as well as future market potential of "Base Metals Mining in China to 2021-Robust Consumption and Imports Expected in the Upcoming Years" globally.
Summary
GlobalDatas "Base Metals Mining in China to 2021", report covers comprehensive information on Chinas base metal (copper, nickel, zinc, and lead) mining industry, base metal (copper, nickel, zinc, and lead) reserves and grade, the historical and forecast…
Coal Mining Market by Mining Technology {Surface Mining (Strip Mining, Auger Min …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe.
Access Full Summary: https://www.alliedmarketresearch.com/coal-mining-market
The growth of the Asia-Pacific coal mining market is driven by increase in usage of coal in steel manufacturing and electricity generation. However, stringent government regulations towards environmental pollution due…