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Mining Machinery And Equipment Market Analysis Including Growth, Challenges, Opportunities And Future Developments To 2030

12-02-2021 06:14 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Mining Machinery And Equipment Market

Mining Machinery And Equipment Market

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‘Mining Machinery And Equipment Global Market Report 2021 - COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the mining machinery and equipment industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.

The countries covered in the global mining machinery and equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global mining machinery and equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The mining machinery and equipment market consists of sales of mining machinery and equipment by entities (organizations, sole traders or partnerships) that are engaged in manufacturing underground mining machinery and equipment, such as coal breakers, mining cars, core drills, coal cutters, rock drills and manufacturing mineral beneficiating machinery and equipment used in surface or underground mines. Only goods and services traded between entities or sold to end consumers are included.

The global mining machinery and equipment market is expected to grow from $24.99 billion in 2020 to $27.07 billion in 2021 at a compound annual growth rate (CAGR) of 8.36%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $41.49 billion in 2025 at a CAGR of 11.26%.

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Global mining machinery and equipment market segmentation in TBRC’s report is:
1) By Product Type: Underground Mining Machinery, Surface Mining Machinery, Drills and Breakers, Crushing, Pulverizing, and Screening Equipment, Mineral Processing Machinery, Others
2) By Function Type: Transportation, Processing, Excavation
3) By Application: Coal, Mineral, Metal

Major players in the mining machinery and equipment market are Caterpillar Inc., Komatsu Ltd., Metso Corporation, Sandvik AB, Doosan Corporation, Liebherr, Hitachi Construction Machinery Co., Ltd., Atlas Copco AB, Epiroc AB, Sany Heavy Equipment International Holdings Company Limited, Hyundai Heavy Industries, Joy Global Inc, Astec Industries Incorporated, Bell Equipment Limited, Boart Longyear Ltd, Bradken Limited, FLSmidth & Co., Furukawa Co. Ltd, Kopex SA, and Deere & Company

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The Table of Contents includes:
1. Executive Summary
2. Mining Machinery And Equipment Market Characteristics
3. Mining Machinery And Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Mining Machinery And Equipment
5. Mining Machinery And Equipment Market Size And Growth
....
26. Africa Mining Machinery And Equipment Market
27. Mining Machinery And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mining Machinery And Equipment Market
29. Mining Machinery And Equipment Market Future Outlook and Potential Analysis
30. Appendix

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