MENA Mining Equipment Market to Reap USD 5 Billion By 2030 | Infinium Global Research

Infinium Global Research, a leading market research company, has released a comprehensive study on the MENA Mining Equipment Market. The report provides an in-depth analysis of segments and sub-segments in the MENA and regional mining equipment market, shedding light on the market's drivers, restraints, and macro indicators over the short and long term. The report also presents a detailed outlook on trends, forecasts, and dollar values for the MENA mining equipment market. In 2022, the market value exceeded USD 3 billion and is anticipated to surpass USD 5 billion by 2030, with a Compound Annual Growth Rate (CAGR) exceeding 5% during the forecast period.

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The MENA mining equipment market encompasses machinery used for extracting minerals and geological materials from the Earth, covering a wide range of activities such as underground mining, surface mining, mineral processing, drilling and exploration, and other mining operations. With a rich variety of minerals in the MENA region, including oil and gas, precious metals, and other valuable resources, the market can be segmented into various equipment types, including mineral processing equipment, surface mining equipment, underground mining equipment, and others. The introduction of modern mining technology, semi-automated or automated machinery, and equipment has revolutionized mining across the MENA region. Equipment such as drills, longwall shearers, draglines, shovels, dozers, graders, and wheel dozers are instrumental in the early phases of construction and underground mining.

The growth of the MENA mining equipment market is fueled by increasing investments in the mining sector, growing demand for natural resources, and favorable government policies. Moreover, the adoption of advanced technologies like automation and Artificial Intelligence is further driving market expansion. As a result, the mining sector in the region has experienced significant growth, leading to a surge in demand for mining equipment. While high equipment costs could restrain market growth in the MENA region, the overall growth of the mining sector, along with increasing demand for natural resources, is expected to create lucrative opportunities for further market development.

Saudi Arabia is expected to lead the MENA mining equipment market, given its vast reserves of oil and gas and substantial mining activities. Egypt is also poised for significant growth due to its abundant deposits of gold, copper, and other minerals. The Egyptian government actively promotes mining sector investment, attracting international mining companies looking to expand their operations. Other countries in the region, including the United Arab Emirates, Qatar, and Oman, are also experiencing growth in the mining equipment market, driven by their significant oil and gas reserves and the increased focus on developing their mining sectors. With rising demand for minerals and metals, government initiatives, and growing investments from international mining equipment manufacturers, the MENA mining equipment market is set to experience substantial growth in the coming years.

The report on the MENA mining equipment market covers segments related to equipment types and applications. Equipment types include underground mining equipment, surface mining equipment, mining drills & breakers, crushing & screening equipment, and more. Applications encompass metal mining, mineral mining, coal mining, and other sectors.

The report provides comprehensive profiles of key companies in the market, including Caterpillar, Komatsu Middle East, Hitachi Construction Machinery Co., Ltd., Doosan Corporation, SANY Group, XCMG Group, Metso Outotec, Sandvik AB, Epiroc AB, and LIEBHERR.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Mining Equipment Market Highlights

2.2. Mining Equipment Market Projection

2.3. Mining Equipment Market Country Highlights

Chapter 3. MENA Mining Equipment Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter`s Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1. IGR-Growth Matrix Analysis by Equipment Type

3.4.2. IGR-Growth Matrix Analysis by Application

3.4.3. IGR-Growth Matrix Analysis by Country

3.5. Value Chain Analysis of Mining Equipment Market

Chapter 4. Company Profiles and Competitive Landscape

4.1. Competitive Landscape in the MENA Mining Equipment Market

4.2. Companies Profiles

4.2.1. Caterpillar

4.2.2. Komatsu Middle East

4.2.3. Hitachi Construction Machinery Co., Ltd.

4.2.4. Doosan Corporation

4.2.5. SANY Group

4.2.6. XCMG Group

4.2.7. Metso Outotec

4.2.8. Sandvik AB

4.2.9. Epiroc AB

4.2.10. LIEBHERR

Chapter 5. MENA Mining Equipment Market by Equipment Type

5.1. Underground Mining Equipment

5.2. Surface Mining Equipment

5.3. Mining Drills & Breakers

5.4. Crushing & Screening Equipment

5.5. Others

Chapter 6. MENA Mining Equipment Market by Application

6.1. Metal Mining

6.2. Mineral Mining

6.3. Coal Mining

6.4. Other

Chapter 7. MENA Mining Equipment Market by Country 2023-2030

7.1. Saudi Arabia

7.1.1. Saudi Arabia Mining Equipment Market by Equipment Type

7.1.2. Saudi Arabia Mining Equipment Market by Application

7.2. UAE

7.2.1. UAE Mining Equipment Market by Equipment Type

7.2.2. UAE Mining Equipment Market by Application

7.3. Qatar

7.3.1. Qatar Mining Equipment Market by Equipment Type

7.3.2. Qatar Mining Equipment Market by Application

7.4. Kuwait

7.4.1. Kuwait Mining Equipment Market by Equipment Type

7.4.2. Kuwait Mining Equipment Market by Application

7.5. Egypt

7.5.1. Egypt Mining Equipment Market by Equipment Type

7.5.2. Egypt Mining Equipment Market by Application

7.6. Sudan

7.6.1. Sudan Mining Equipment Market by Equipment Type

7.6.2. Sudan Mining Equipment Market by Application

7.7. Rest of MENA

7.7.1. Rest of MENA Mining Equipment Market by Equipment Type

7.7.2. Rest of MENA Mining Equipment Market by Application

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of MENA mining equipment.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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