Global Mining Equipment Market was valued at USD 77.78 billion in 2018 which is expected to reach USD 113.22billion by 2030 at a CAGR 5.59%.
Mining equipments are used for extraction of copper, cobalt, nickel, silver, gold, zinc, lead, diamond, platinum, iron, and others from the surface or under the earth. These equipments perform drilling, digging, and loading activities in mining industry.
Rise in investments along with government support for the digital mine innovation is the key driving factor which is expected to global mining equipment market growth. Furthermore, adoptions of various clusters of technologies like robotics & automation, smart sensors, and 3D mining will have the positive impact on market growth. For instance, in January 2019, ABB limited had launched its new ability smart sensor for assessing the condition of mounted bearings to prevent the downtime in mining during material processing. Moreover, rise in demand for innovative mining equipments will drive the global mining equipment market growth over the forecast period.
However, lack of standardization and high production cost are major challenging factors which are expected to hinder the global mining equipment market growth. Also, environmental and human right concerns will affect the market growth.
Global Mining Equipment Market is segmented into type such as Crushing, Pulverizing, & Screening Equipment, Mining Drills and Breakers, Underground Mining Equipment, Surface Mining Equipment, Mineral Processing Equipment, Others. Further, market is segmented into application such as Coal Mining, Mineral Mining, and Metal Mining.
Also, Global Mining Equipment Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as ABB Limited, Metso Corporation, Liebherr-International AG, Komatsu Ltd., Hitachi, Ltd., Epiroc AB, Doosan Corporation, Deere & Company, and Caterpillar Inc.
By Type Crushing, Pulverizing, & Screening Equipment Mining Drills and Breakers Underground Mining Equipment Surface Mining Equipment Mineral Processing Equipment Others
By Application Coal Mining Mineral Mining Metal Mining
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Mining Equipment Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Mining Equipment Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Mining Equipment Market Share Analysis, By Type
5.3 Global Mining Equipment Market Size and Forecast, By Type
5.3.1 Crushing, Pulverizing, & Screening Equipments
5.3.2 Mining Drills & Breakers
5.3.3 Underground Mining Equipment
5.3.4Surface Mining Equipment
5.3.5Mineral Processing Equipment
5.3.6Others
6 Global Mining Equipment Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Mining Equipment Market Share Analysis, By Application
6.3 Global Mining Equipment Market Size and Forecast, By Application
6.3.1 Coal Mining
6.3.2 Mineral Mining
6.3.3Metal Mining
7Global Mining Equipment Market, By Region
7.1 Global Mining Equipment Market Share Analysis, By Region
7.2 Global Mining Equipment Market Share Analysis, By Region
7.3 Global Mining Equipment Market Size and Forecast, By Region
8North America Mining Equipment Market Analysis and Forecast (2017 – 2030)
8.1 Introduction
8.2 North America Mining Equipment Market Share Analysis, By Type
8.3 North America Mining Equipment Market Size and Forecast, By Application
8.4 North America Mining Equipment Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Mining Equipment Market Analysis and Forecast (2017 – 2030)
9.1 Introduction
9.2 Europe Mining Equipment Market Share Analysis, By Type
9.3 Europe Mining Equipment Market Size and Forecast, By Application
9.4 Europe Mining Equipment Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Mining Equipment Market Analysis and Forecast (2017 – 2030)
10.1 Introduction
10.2 Asia Pacific Mining Equipment Market Share Analysis, By Type
10.3 Asia Pacific Mining Equipment Market Size and Forecast, By Application
10.4 Asia Pacific Mining Equipment Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Mining Equipment Market Analysis and Forecast (2017 – 2030)
11.1 Introduction
11.2 Latin America Mining Equipment Market Share Analysis, By Type
11.3 Latin America Mining Equipment Market Size and Forecast, By Application
11.4 Latin America Mining Equipment Market Size and Forecast, By Country
12Middle East Mining Equipment Market Analysis and Forecast (2017 – 2030)
12.1 Introduction
12.2 Middle East Mining Equipment Market Share Analysis, By Type
12.3 Middle East Mining Equipment Market Size and Forecast, By Application
12.4 Middle East Mining Equipment Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
15.1 ABB Limited,
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Metso Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Liebherr-International AG
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Komatsu Ltd
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Hitachi, Ltd
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Epiroc AB
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Doosan Corporation
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Deere & Company
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Caterpillar Inc
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
