Global Mining Equipment Market Size study, by Equipment (Underground Mining, Surface Mining, Crushing, Pulverizing & Screening, Drills & Breakers and Others), Application (Metal Mining, Non-metal Mining and Coal Mining) and Regional Forecasts 2021-2027
- Category: Retail & Consumer
- Published Date: Oct 2021
- Publisher: Bizwit Research
- Pages: 200
Global Mining Equipment Market is valued approximately at USD 98 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2021-2027. Growing consumption of natural resources such as oil, natural gas, coal and others, rise in construction of roads and railway tracks through hilly areas and strategic initiatives by market players to cater the growing demand of the market are creating demand for mining equipment. According to Statista, coal consumption in India, surged from 16.86 exajoules in 2016 to 17.44 exajoules in 2017 and reached 18.6 exajoules in 2019. Also, in June 2020, Caterpillar Inc. acquired Marble Robot Inc., a robot and autonomy technology solution company, to enhance its expertise in mining equipment. Furthermore, technological advancements and occurrence of environment friendly equipment are expected to create demand in near future. Such as, in January 2019, ABB Ltd. launched the Ability Smart Sensor for assessing the condition of mounted bearings to prevent the downtime in mining during material handling. However, environment degradation due to mining activities and high cost of mining equipment may hinder growth during forecast period.
Asia Pacific is the leading region and is also expected to show significant growth during forecast period, among Asia Pacific, North America, Europe, Latin America, and Rest of the World. Rising natural resource consumption due to growing population and government initiatives for the development of mining and exploration activities are injecting growth in Asia Pacific market
Major market player included in this report are:
Caterpillar Inc.
Liebherr Group
Atlas Copco
Komatsu Ltd
Hitachi Construction Machinery Co. Ltd
AB Volvo
Deere & Company
Doosan Corporation
Metso Corporation
Sandvik AB
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Equipment offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Equipment:
Underground Mining
Surface Mining
Crushing, Pulverizing & Screening
Drills & Breakers
Others
By Application:
Metal Mining
Non-metal Mining
Coal Mining
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Mining Equipment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Asia Pacific is the leading region and is also expected to show significant growth during forecast period, among Asia Pacific, North America, Europe, Latin America, and Rest of the World. Rising natural resource consumption due to growing population and government initiatives for the development of mining and exploration activities are injecting growth in Asia Pacific market
Major market player included in this report are:
Caterpillar Inc.
Liebherr Group
Atlas Copco
Komatsu Ltd
Hitachi Construction Machinery Co. Ltd
AB Volvo
Deere & Company
Doosan Corporation
Metso Corporation
Sandvik AB
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Equipment offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Equipment:
Underground Mining
Surface Mining
Crushing, Pulverizing & Screening
Drills & Breakers
Others
By Application:
Metal Mining
Non-metal Mining
Coal Mining
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Mining Equipment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Mining Equipment Market, by region, 2019-2027 (USD Billion)
1.2.2. Mining Equipment Market, by Equipment, 2019-2027 (USD Billion)
1.2.3. Mining Equipment Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Mining Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Mining Equipment Market Dynamics
3.1. Mining Equipment Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing consumption of natural resources
3.1.1.2. Rise in construction of roads and railway tracks through hilly areas
3.1.2. Market Restraint
3.1.2.1. High cost of mining equipment
3.1.2.2. Environment degradation due to mining activities
3.1.3. Market Opportunities
3.1.3.1. Technological advancements
3.1.3.2. Adoption of environment friendly equipment
Chapter 4. Global Mining Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Mining Equipment Market, by Equipment
5.1. Market Snapshot
5.2. Global Mining Equipment Market by Equipment, Performance - Potential Analysis
5.3. Global Mining Equipment Market Estimates & Forecasts by Equipment 2018-2027 (USD Billion)
5.4. Mining Equipment Market, Sub Segment Analysis
5.4.1. Underground Mining
5.4.2. Surface Mining
5.4.3. Crushing, Pulverizing & Screening
5.4.4. Drills & Breakers
5.4.5. Others
Chapter 6. Global Mining Equipment Market, by Application
a. Market Snapshot
6.1. Global Mining Equipment Market by Application, Performance - Potential Analysis
6.2. Global Mining Equipment Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.3. Mining Equipment Market, Sub Segment Analysis
6.3.1. Metal Mining
6.3.2. Non-metal Mining
6.3.3. Coal Mining
Chapter 7. Global Mining Equipment Market, Regional Analysis
7.1. Mining Equipment Market, Regional Market Snapshot
7.2. North America Mining Equipment Market
7.2.1. U.S. Mining Equipment Market
7.2.1.1. Equipment breakdown estimates & forecasts, 2018-2027
7.2.1.2. Application breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Mining Equipment Market
7.3. Europe Mining Equipment Market Snapshot
7.3.1. U.K. Mining Equipment Market
7.3.2. Germany Mining Equipment Market
7.3.3. France Mining Equipment Market
7.3.4. Spain Mining Equipment Market
7.3.5. Italy Mining Equipment Market
7.3.6. Rest of Europe Mining Equipment Market
7.4. Asia-Pacific Mining Equipment Market Snapshot
7.4.1. China Mining Equipment Market
7.4.2. India Mining Equipment Market
7.4.3. Japan Mining Equipment Market
7.4.4. Australia Mining Equipment Market
7.4.5. South Korea Mining Equipment Market
7.4.6. Rest of Asia Pacific Mining Equipment Market
7.5. Latin America Mining Equipment Market Snapshot
7.5.1. Brazil Mining Equipment Market
7.5.2. Mexico Mining Equipment Market
7.6. Rest of The World Mining Equipment Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Caterpillar Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Equipment Summary
8.2.1.5. Recent Developments
8.2.2. Liebherr Group
8.2.3. Atlas Copco
8.2.4. Komatsu Ltd
8.2.5. Hitachi Construction Machinery Co. Ltd
8.2.6. AB Volvo
8.2.7. Deere & Company
8.2.8. Doosan Corporation
8.2.9. Metso Corporation
8.2.10. Sandvik AB.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Mining Equipment Market, by region, 2019-2027 (USD Billion)
1.2.2. Mining Equipment Market, by Equipment, 2019-2027 (USD Billion)
1.2.3. Mining Equipment Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Mining Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Mining Equipment Market Dynamics
3.1. Mining Equipment Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing consumption of natural resources
3.1.1.2. Rise in construction of roads and railway tracks through hilly areas
3.1.2. Market Restraint
3.1.2.1. High cost of mining equipment
3.1.2.2. Environment degradation due to mining activities
3.1.3. Market Opportunities
3.1.3.1. Technological advancements
3.1.3.2. Adoption of environment friendly equipment
Chapter 4. Global Mining Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Mining Equipment Market, by Equipment
5.1. Market Snapshot
5.2. Global Mining Equipment Market by Equipment, Performance - Potential Analysis
5.3. Global Mining Equipment Market Estimates & Forecasts by Equipment 2018-2027 (USD Billion)
5.4. Mining Equipment Market, Sub Segment Analysis
5.4.1. Underground Mining
5.4.2. Surface Mining
5.4.3. Crushing, Pulverizing & Screening
5.4.4. Drills & Breakers
5.4.5. Others
Chapter 6. Global Mining Equipment Market, by Application
a. Market Snapshot
6.1. Global Mining Equipment Market by Application, Performance - Potential Analysis
6.2. Global Mining Equipment Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.3. Mining Equipment Market, Sub Segment Analysis
6.3.1. Metal Mining
6.3.2. Non-metal Mining
6.3.3. Coal Mining
Chapter 7. Global Mining Equipment Market, Regional Analysis
7.1. Mining Equipment Market, Regional Market Snapshot
7.2. North America Mining Equipment Market
7.2.1. U.S. Mining Equipment Market
7.2.1.1. Equipment breakdown estimates & forecasts, 2018-2027
7.2.1.2. Application breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Mining Equipment Market
7.3. Europe Mining Equipment Market Snapshot
7.3.1. U.K. Mining Equipment Market
7.3.2. Germany Mining Equipment Market
7.3.3. France Mining Equipment Market
7.3.4. Spain Mining Equipment Market
7.3.5. Italy Mining Equipment Market
7.3.6. Rest of Europe Mining Equipment Market
7.4. Asia-Pacific Mining Equipment Market Snapshot
7.4.1. China Mining Equipment Market
7.4.2. India Mining Equipment Market
7.4.3. Japan Mining Equipment Market
7.4.4. Australia Mining Equipment Market
7.4.5. South Korea Mining Equipment Market
7.4.6. Rest of Asia Pacific Mining Equipment Market
7.5. Latin America Mining Equipment Market Snapshot
7.5.1. Brazil Mining Equipment Market
7.5.2. Mexico Mining Equipment Market
7.6. Rest of The World Mining Equipment Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Caterpillar Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Equipment Summary
8.2.1.5. Recent Developments
8.2.2. Liebherr Group
8.2.3. Atlas Copco
8.2.4. Komatsu Ltd
8.2.5. Hitachi Construction Machinery Co. Ltd
8.2.6. AB Volvo
8.2.7. Deere & Company
8.2.8. Doosan Corporation
8.2.9. Metso Corporation
8.2.10. Sandvik AB.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
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