The Mining Equipment Market is segmented by Type (Surface Mining Equipment, Underground Mining Equipment, and Mineral Processing Equipment), Application (Metal Mining, Mineral Mining, and Coal Mining), Powertrain type (IC Engine Vehicle and Electric Vehicle), and Geography (North America, Europe, Asia Pacific and Rest of the world). The Report offers market size and forecast for Mining Equipment Market in value USD billion for all the above segments.
The COVID-19 pandemic had an immediate impact on the global economy and that impact goes across all industries, including mining. Significant price drops were observed across major commodities, while in some cases, prices remain passive. For example, demand for metallurgical coal and thermal coal has decreased, while demand for gold and iron ore has increased.
However, the market is expected to witness significant growth during the forecast period as the Increasing use of electric machinery in underground mining and increasing demand for metals and commodities occupy a major share in the market. The increasing need for mineral fertilizers to improve agricultural yield, rise in construction of roads & railway tracks through hilly areas are expected to fuel the demand for mining activities in emerging countries such as India and China.
Ongoing digital mine innovation is expected to transform the key aspects of mining over the next few years. Increased investment, along with government support for the digital mine innovation, is expected to trigger the demand for mining equipment over the forecast period. Improvements and innovations in extraction technologies and equipment have contributed to the betterment of ore grades, thus extending the life of older mines.
By Type, the market is segmented intoSurface Mining Equipment, Underground Mining Equipment, and Mineral Processing Equipment. By Application, the market is segmented intoMetal Mining, Mineral Mining, and Coal Mining. By Powertrain type the market is segmented intoIC Engine Vehicle and Electric Vehicle and ByGeographythe market is segmented intoNorth America, Europe, Asia Pacific, and the Rest of the world. For each segment, the market sizing and forecast have been done on basis of value (USD billion).
Technological advancements and innovations are expected to drive the mining machinery industry growth. Several technologies that are revolutionizing the industry include automation, Internet of Things (IoT), 3D imaging, and plasma technology. These machines are developed using materials and technologies that can withstand high temperature and pressure. The machines are exposed to high radiation and chemical substances that can directly affect the functioning of the parts. The players in the market are focusing on such challenges and are developing machines that can be used for the extraction of specific minerals or metals.
The use of telematics in the mining industry has proven to be a game changer. Internet of things (IoT) sensors provide feedback to the fleet manager, which ensures lower downtime due to malfunctions and helps plan maintenance activities. With an increasingly competitive environment across all industries, companies are constantly looking for process optimization, which, in turn, has increased the demand for automation in the mining industry. Drones are being used for exploration and surveillance of mines.
Drones ensure that areas are clear before blasts, track post-blast fumes, and improve the overall safety of sites. BHP (Australia) has been using drones at its Australian mines for surveillance. Automation and teleoperation systems in the mining industry significantly improve productivity and safety. Thus, sales of new mining machinery synced with telematics solutions are expected to drive the mining machinery market.
The Asia Pacific is likely to lead the mining equipment over the forecast period. Many developing countries in the region have sizable coal-producing areas and significant coal and metal mining industries that need a substantial level of capital investment. Increasing demand for lower emissions, low cost, and high energy-efficiency machines is being witnessed in the region.
Asia-Pacific will dominate the mining equipment market due to its abundant deposits and increasing commodity prices and this region offers a number of opportunities for the mining companies as there is significant scope for exploration of bauxite, iron ore, and coal, whereas North America will witness its growth rate due to advancement in automotive technology and the region is home to large deposits of copper, gold, and iron, which provides exploration opportunities.
The growing availability of a lease-based model will encourage end-users to use advanced machinery. A rapid increase in construction activity and manufacturing output in China, coupled with government efforts to boost the mechanization of mines, have led to a rapid growth of the mining machinery market in the country. Moreover, the India market is anticipated to witness a steady growth owing to a rise in mining output growth and a significant need for mine mechanization.
The Mining Equipment Market is characterized by the presence of numerous international and regional players, resulting in a highly competitive market environment. Major players in the mining industry are now providing on-site solutions like components and equipment repair and services that include part support and even data analytics support. Many competitors in the mining equipment market adopted acquisition and business expansion as their key developmental strategies to develop their geographical foothold and promote their product technologies.
Some of the leading players in the market are Caterpillar, Liebherr-international, Atlas Copco Construction & Mining, Hitachi, Sandvik, Metso Corp., and Outotec. The leading players also have many subsidiaries that operate specifically for certain products and/or in different countries.
Miners and metal producers should see a more favourable pricing environment in 2021 as almost all mineral and metal prices (except iron ore) are expected to average higher in 2021 on a year-on-year (y-o-y) basis, Fitch Solutions forecasts in its latest report.
Although metal prices made an impressive recovery over Q2-Q420, following the drop recorded at the beginning of the year due to covid-19, Fitch notes that prices will still average lower on a y-o-y basis in 2020.
In 2021, Fitch says prices will be supported by the broader and deeper global economic recovery as covid-19 vaccines are made available. Access to vaccines will also help reduce the disruptions to operations seen in 2020 in multiple key mining countries such as Peru and South Africa.
Mining and metal operations will therefore improve in 2021, says Fitch, after the sector saw significant disruptions in 2020 due to government-imposed lockdown measures, and stricter health and safety protocols.
This was particularly the case for the copper market as Peru and Chile, which account for a large share of mine output, were significantly impacted by the pandemic. The ensuing pickup in supply is likely to keep somewhat of a cap on prices.
Meanwhile, Fitch forecasts a sharp recovery in the global demand for mineral and metals in 2021. Chinas metals consumption will remain strong as infrastructure projects continue to make progress, supported by the covid-19 stimulus policy.
Other countries that saw their mining and metal operations disrupted and impacted by lower end- demand will see a sharper recovery in production; such as the US, the EU, Japan and India in the case of steel and aluminium.
Fitch notes that, although it is a slow-burning and longer-term trend in nature, the ongoing acceleration of decarbonisation strategies and corporate environmental, social and governance (ESG) initiatives mean that the demand for some metals used in renewables infrastructure and electric-vehicle batteries (including copper, nickel and aluminium) could be supported in 2021 and beyond.
While 2020 estimates continued to deteriorate slightly as the pandemic progressed from April to November, the spending outlook for 2021 consequently improved. This shift is likely due to firms postponing growth projects from 2020 to 2021 and focusing on preserving cash in the interim, amid the pandemic.
The global personal protective equipment market size was valued at USD 77.36 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2020 to 2028. Increasing awareness regarding hygiene to avoid transmission of pathogens in healthcare facilities is expected to drive the demand for personal protective equipment (PPE) over the forecast period. Various countries implemented strict acts due to the Covid-19, such as the Families First Coronavirus Response Act by the U.S. for protecting public health workers, establishing free testing, providing paid leaves, and important benefits to children and families, in 2020 to curb the spread. Increasing domestic production coupled with restraints on the product imports and exports surged the PPE demand in 2020.
The stringent regulations imposed by the U.S. Department of Labor and Occupational Safety and Health Administration (OSHA) in the U.S. have a positive impact on product demand from the end-use industries in the country. In addition, the growing employee awareness related to personal safety has a significant influence on the increased penetration of PPE in the U.S.
Constant innovations, such as the development of lighter and comfortable industrial protective equipment using premium-quality fabric, are projected to propel market growth. Demand for protective equipment, which combines safety with improved aesthetics and technological innovation is further estimated to augment market growth.
Factors, such as improved technical support and increasing awareness of the price-performance ratio of products, are expected to favor private-label product manufacturing. Rising contract-based manufacturing of PPE designed according to distributor specifications, primarily in developed economies of North America and Western Europe, has a major impact on driving the product demand.
The companies operating in the textile industry across the Asian countries have altered their apparel manufacturing plants to PPE manufacturing post-outbreak of the Covid-19 to bridge the demand-supply gap. China is the largest exporter of PPE, such as masks, goggles, protective gowns, and gloves; however, its exports reduced by around 15% post the origination of the pandemic.
The hand protection product segment accounted for the largest revenue share of over 28% in 2020 and is expected to grow at a steady CAGR during the forecast period. Risks associated with corrosive chemicals, handling warm objects, and heavy-duty equipment are likely to spur the demand for protective gloves in the construction, food processing, oil & gas, healthcare, and metal fabrication industries.
Protective clothing, including heat & flame protection, chemical defending, cleanroom clothing, and mechanical protective clothing, is the second-largest product segment. The high-performance attributes of these products have resulted in increased penetration driving their demand in various end-use industries.
Protective footwear accounted for a significant market share and is expected to witness a CAGR of 6.8% over the forecast period owing to high product demand as a result of the increasing workplace fatalities. Growing awareness among employers to protect employees against foot injuries caused by chainsaws, electric shock, and metatarsal impact is likely to have a positive impact on the segment growth.
The respiratory protective equipment protects employees against hazardous gases and vapors, particulates, chemical agents, radiological particles, and biological contaminants. Rising demand for unpowered respirators, primarily from the petrochemical, mining, cement, construction, coal, fertilizers, and oil & gas sectors, is expected to drive the segment growth over the forecast period.
The healthcare end-use segment led the market in 2020 accounting for the highest revenue share of over 29%. The segment will retain its dominance growing at the fastest CAGR over the forecast period. Several factors are considered by end-users while purchasing protective clothing, such as the material used and coverage provided by it, seam barrier properties, and other features like closures. The demand for protective clothing, especially coveralls and gowns, has increased in the U.S. due to the rapid spread of the coronavirus.
In addition, the U.S. Food & Drug Administration (FDA) has issued an enforcement policy for gowns and other apparel to expand the availability of critical protective clothing for healthcare workers during the pandemic. Commonly-used materials in the production of coveralls and gowns include polyethylene and Spunbond Meltblown Spunbond (SMS). The oil & gas industry accounted for a significant share, in terms of revenue, and is expected to witness steady growth over the projected period owing to high accident risk in upstream and midstream activities in the industry.
The growing oil & gas and petrochemical industry in China, India, UAE, and Saudi Arabia is anticipated to propel product demand in this segment. Growth in the food & beverage sector across the globe is projected to drive the product demand over the forecast period. Various processes in the industry, such as mixing, weighing, cutting, cleaning, in-house transportation, dispensing, and warehousing, can pose serious risks, which drives the product demand in the food sector.
Led by the U.S., North America accounted for the largest revenue share of over 33% in the global market in 2020 owing to developed end-use industries along with high product adoption in the healthcare sector. High product penetration in the U.S. is attributed to a stringent regulatory scenario coupled with hefty penalties for non-compliance with the standards that are forcing employers to adopt PPE.
Asia Pacific is expected to emerge as the fastest-growing regional market at a CAGR of 8.3% over the forecast period on account of economic growth and rapid industrialization across the region. Furthermore, huge compensation costs associated with workplace fatalities are expected to force employers in various end-use sectors to use protective equipment aiding product demand.
The upgrading of the public healthcare system and infrastructure, coupled with investments in new facilities, are part of the reform plan in Russia. These developments are expected to drive the demand for medical equipment and devices. The demand for hand protection equipment, such as disposable and durable gloves, is anticipated to witness significant growth owing to the rapidly expanding medical sector in the country.
The recovery of the manufacturing sector in Malaysia, in the second half of 2018, positively influenced the market growth. The steady growth of the chemical industry coupled with increasing penetration of PPE in chemical manufacturing owing to rising awareness regarding employee safety is expected to drive the market over the forecast period.
Product prices for the above-the-neck PPE market are expected to marginally increase over the forecast period primarily due to the addition of value-added features. For instance, the application of anti-fog coatings in prescription eyewear is projected to marginally increase the final product prices. In addition, companies are shifting their focus toward manufacturing products that are fashionable as well as comfortable owing to the increased demand for durable and customized equipment. Some prominent players in the global personal protective equipment (PPE) market include:
Honeywell International, Inc.; Lakeland Industries, Inc.; DuPont; 3M; Ansell Ltd.; Avon Rubber plc; COFRA S.r.l.; Uvex Safety Group; Lindstrom Group; BartelsRieger Atemschutztechnik GmbH; Rock Fall (U.K.) Ltd.; Mine Safety Appliances (MSA) Company; Radians, Inc.; Polison Corp.; Gateway Safety, Inc.
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2028. For the purpose of this study, Grand View Research has segmented the global personal protective equipment market report on the basis of product, end-use, and region:
b. The healthcare end-use segment led the PPE market in 2020 accounting for the highest revenue share of over 29%. The segment will retain its dominance growing at the fastest CAGR over the forecast period.
b. Key factors that are driving the PPE market growth include the increasing need for respiratory equipment in mining, emergency response, military and law enforcement, healthcare, and fire services, coupled with rising instances of hand injuries at the workplace.
b. North America, led by the US, accounted for the largest revenue share of over 33% in the global PPE market in 2020, owing to the developed end-use industries along with high product adoption in the healthcare sector.
b. Some key players operating in the PPE market include 3M, Dupont, Honeywell International, Lakeland Industries, Inc, Ansell Ltd., Lindstrom Group, Radians, Inc., BartelsRieger Atemschutztechnik GmbH, COFRA S.r.l., Polison Corp., and MSA.
The outbreak of COVID-19 has increased the demand for PPE products including masks, respirators, protective clothing, and gloves. The manufacturing, aerospace, etc. sectors have supplied PPE to their employees to protect them from the sudden outbreak of the pandemic COVID-19. In addition, the manufacturers are working at 100% capacity to supply PPE across the regions owing to the increasing demand-supply gap. As a result, the demand for PPE is expected to witness growth over the forecast period. The updated report will account for COVID-19 as a key market contributor.
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The global mining equipment market size was valued at $121,694.3 million in 2019, and is expected to reach $165,827.8 million by 2027, growing at a CAGR of 5.7% from 2020 to 2027. Mining equipment are used for extraction of geological materials, such as copper, nickel, cobalt, gold, silver, lead, zinc, iron, diamond, platinum, and others, from the surface or under the earth. These equipment or machines perform digging, drilling, and loading activities in the mining industry. Caterpillar, Komatsu, Liebherr-International AG, and Metso Corporation are some of the leading key players of the mining equipment industry.
Mining equipment include mining drills and tools, earth movers, crushing equipment and machines, feeding & conveying equipment, and others. Metals and minerals are extracted from the ground with help of computerized remote-controlled equipment, high-technology operations, and complex machinery. Mining activity may vary according to the type of metals and minerals to be extracted from the earth. There are basically two types of mining processes, namely, surface mining and underground mining, each mining process involves different machinery as per applications. Apart from digging, there are other activities such as milling, smelting, refining involved in mining.
The mining equipment market size is on the rise, owing to increase in mining activities for extraction of metals and minerals from the ground to deal with the rise in demand for metals and mineral commodities. Furthermore, adoption of various technologies such as automation and IoT is reducing labor cost and operational time associated with mining activities, this, in turn, is expected to increase the demand for innovative mining equipment. In addition, growth in consumption of natural resources, such as coal, diamond, and uranium, and rise in need for mineral fertilizers to improve agricultural yield are major factors expected to increase demand for the global mining equipment. However, stringent government regulations such as environmental concerns, safety standards, emission norms, and import regulations are expected to hinder growth of the market.
Increase in use of coal for heating & electricity generation and rise in construction of roads & railway tracks through hilly areas are expected to fuel the demand for mining activities in emerging countries such as India and China. Moreover, robotic machines and drilling technology minimizes human intervention, thereby, increasing workplace safety. These factors are also expected to propel growth of the global mining equipment market. However, increase in prices of raw materials is anticipated to restrain growth of the global market.
The novel coronavirus is rapidly spreading across various countries and regions, causing enormous impact on lives of people and overall community. Originating as a crisis to human health, it now poses significant threats to the worldwide trade, economy, and finance. In addition, COVID-19 pandemic has shut-down production of various types of mining equipment, owing to prolonged lockdown in major countries such as the U.S., China, Japan, India, and Latin America. This has hampered growth of the mining equipment market significantly from past few months, which is likely to continue during 2020. Further, this pandemic has already negatively influenced sales of mining equipment in the first quarter of 2020, and is expected to create a negative impact on growth of the mining equipment market throughout the year.
The global mining equipment market is segmented on the basis of equipment type, application, and region. By type, it is categorized into mineral processing equipment (portable and stationary), surface mining equipment (articulated dump truck, crawler dozer, crawler excavator, and others), underground mining equipment (hydraulic excavators, mining dozers, underground haulers, and others), mining drills & breakers, crushing, pulverizing, & screening equipment (stationary, portable), and others. By application, it is segmented into metal mining, mineral mining, and coal mining.
Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is anticipated to be the largest market for mining equipment during the forecast period. India, Australia, and China are expected to be the main revenue-generating countries in Asia-Pacific.
The companies profiled in the report are AB Volvo, Caterpillar Inc., Deere & Company, Doosan Corporation, Epiroc AB, Hitachi, Ltd., Komatsu Ltd., Liebherr-International AG, Metso Corporation, and Sandvik AB. Many competitors in the mining equipment market adopted acquisition and business expansion as their key developmental strategies to develop their geographical foothold and promote their product technologies. For instance, in June 2020, Caterpillar Inc., acquired Marble Robot, Inc, a robot and autonomy technology solution company based in California.
3.5.6.COAL MINING EQUIPMENT MARKET3.5.7.METAL MINING EQUIPMENT MARKET3.5.8.MINERAL MINING EQUIPMENT3.5.9.NORTH AMERICA MINING EQUIPMENT3.5.10.EUROPE MINING EQUIPMENT3.5.11.ASIA-PACIFIC MINING EQUIPMENT3.5.12.LAMEA MINING EQUIPMENT
126.96.36.199.NORTH AMERICA MINING EQUIPMENT MARKET REVENUE, BY SUB-TYPE188.8.131.52.1.MARKET SIZE AND FORECAST FOR MINERAL PROCESSING EQUIPMENT, BY SUB-TYPE184.108.40.206.2.MARKET SIZE AND FORECAST FOR SURFACE MINING EQUIPMENT, BY SUB-TYPE220.127.116.11.3.MARKET SIZE AND FORECAST FOR UNDERGROUND MINING EQUIPMENT, BY SUB-TYPE18.104.22.168.4.MARKET SIZE AND FORECAST FOR MINING DRILLS & BREAKERS EQUIPMENT, BY SUB-TYPE22.214.171.124.5.MARKET SIZE AND FORECAST FOR CRUSHING, PULVERIZING, & SCREENING EQUIPMENT, BY SUB-TYPE
126.96.36.199.1.MARKET SIZE AND FORECAST FOR MINERAL PROCESSING EQUIPMENT, BY SUB-TYPE188.8.131.52.2.MARKET SIZE AND FORECAST FOR SURFACE MINING EQUIPMENT, BY SUB-TYPE184.108.40.206.3.MARKET SIZE AND FORECAST FOR UNDERGROUND MINING EQUIPMENT, BY SUB-TYPE220.127.116.11.4.MARKET SIZE AND FORECAST FOR MINING DRILLS & BREAKERS EQUIPMENT, BY SUB-TYPE18.104.22.168.5.MARKET SIZE AND FORECAST FOR CRUSHING, PULVERIZING, & SCREENING EQUIPMENT, BY SUB-TYPE
22.214.171.124.1.MARKET SIZE AND FORECAST FOR MINERAL PROCESSING EQUIPMENT, BY SUB-TYPE126.96.36.199.2.MARKET SIZE AND FORECAST FOR SURFACE MINING EQUIPMENT, BY SUB-TYPE188.8.131.52.3.MARKET SIZE AND FORECAST FOR UNDERGROUND MINING EQUIPMENT, BY SUB-TYPE184.108.40.206.4.MARKET SIZE AND FORECAST FOR MINING DRILLS & BREAKERS EQUIPMENT, BY SUB-TYPE220.127.116.11.5.MARKET SIZE AND FORECAST FOR CRUSHING, PULVERIZING, & SCREENING EQUIPMENT, BY SUB-TYPE
18.104.22.168.1.MARKET SIZE AND FORECAST FOR MINERAL PROCESSING EQUIPMENT, BY SUB-TYPE22.214.171.124.2.MARKET SIZE AND FORECAST FOR SURFACE MINING EQUIPMENT, BY SUB-TYPE126.96.36.199.3.MARKET SIZE AND FORECAST FOR UNDERGROUND MINING EQUIPMENT, BY SUB-TYPE188.8.131.52.4.MARKET SIZE AND FORECAST FOR MINING DRILLS & BREAKERS EQUIPMENT, BY SUB-TYPE184.108.40.206.5.MARKET SIZE AND FORECAST FOR CRUSHING, PULVERIZING, & SCREENING EQUIPMENT, BY SUB-TYPE
7.1.1.COMPANY OVERVIEW7.1.2.KEY EXECUTIVES7.1.3.COMPANY SNAPSHOT7.1.4.OPERATING BUSINESS SEGMENTS7.1.5.PRODUCT PORTFOLIO7.1.6.R&D EXPENDITURE7.1.7.BUSINESS PERFORMANCE7.1.8.KEY STRATEGIC MOVES AND DEVELOPMENTS
7.2.1.COMPANY OVERVIEW7.2.2.KEY EXECUTIVES7.2.3.COMPANY SNAPSHOT7.2.4.OPERATING BUSINESS SEGMENTS7.2.5.PRODUCT PORTFOLIO7.2.6.R&D EXPENDITURE7.2.7.BUSINESS PERFORMANCE7.2.8.KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 01.GLOBAL MINING EQUIPMENT MARKET, BY TYPE, 20192027 ($MILLION)TABLE 02.MINERAL PROCESSING EQUIPMENT MARKET REVENUE, BY REGION, 20192027 ($MILLION)TABLE 03.MINING EQUIPMENT MARKET REVENUE, FOR MINERAL PROCESSING, BY TYPE, 20192027 ($MILLION)TABLE 04.MINING EQUIPMENT MARKET REVENUE, FOR STATIONARY, BY REGION, 20192027 ($MILLION)TABLE 05.MINING EQUIPMENT MARKET REVENUE, FOR PORTABLE, BY REGION, 20192027 ($MILLION)TABLE 06.SURFACE MINING EQUIPMENT MARKET REVENUE, BY REGION, 20192027 ($MILLION)TABLE 07.SURFACE MINING EQUIPMENT MARKET REVENUE, BY TYPE, 20192027 ($MILLION)TABLE 08.SURFACE MINING EQUIPMENT MARKET REVENUE, FOR ARTICULATED DUMP TRUCK, BY REGION, 20192027 ($MILLION)TABLE 09.SURFACE MINING EQUIPMENT MARKET REVENUE, FOR CRAWLER DOZER, BY REGION, 20192027 ($MILLION)TABLE 10.SURFACE MINING EQUIPMENT MARKET REVENUE, FOR CRAWLER EXCAVATOR, BY REGION, 20192027 ($MILLION)TABLE 11.SURFACE MINING EQUIPMENT MARKET REVENUE, FOR OTHERS, BY REGION, 20192027 ($MILLION)TABLE 12.UNDERGROUND MINING EQUIPMENT MARKET REVENUE, BY REGION, 20192027 ($MILLION)TABLE 13.UNDERGROUND MINING EQUIPMENT MARKET REVENUE, BY TYPE, 20192027 ($MILLION)TABLE 14.UNDERGROUND MINING EQUIPMENT MARKET REVENUE, FOR HYDRAULIC EXCAVATORS, BY REGION, 20192027 ($MILLION)TABLE 15.UNDERGROUND MINING EQUIPMENT MARKET REVENUE, FOR MINING DOZERS, BY REGION, 20192027 ($MILLION)TABLE 16.UNDERGROUND MINING EQUIPMENT MARKET REVENUE, FOR UNDERGROUND HAULERS, BY REGION, 20192027 ($MILLION)TABLE 17.UNDERGROUND MINING EQUIPMENT MARKET REVENUE, FOR OTHERS, BY REGION, 20192027 ($MILLION)TABLE 18.MINING DRILLS & BREAKERS MARKET REVENUE, BY REGION, 20192027 ($MILLION)TABLE 19.MINING EQUIPMENT MARKET REVENUE, FOR DRILLS & BREAKERS, BY TYPE, 20192027 ($MILLION)TABLE 20.MINING EQUIPMENT MARKET REVENUE, FOR DRILLS, BY REGION, 20192027 ($MILLION)TABLE 21.MINING EQUIPMENT MARKET REVENUE, FOR BREAKERS, BY REGION, 20192027 ($MILLION)TABLE 22.MINING EQUIPMENT MARKET REVENUE, FOR CRUSHING, PULVERIZING, & SCREENING EQUIPMENT, BY REGION, 20192027 ($MILLION)TABLE 23.MINING EQUIPMENT MARKET REVENUE, FOR CRUSHING, PULVERIZING, & SCREENING EQUIPMENT, BY TYPE, 20192027 ($MILLION)TABLE 24.MINING EQUIPMENT MARKET REVENUE, FOR STATIONARY, BY REGION, 20192027 ($MILLION)TABLE 25.MINING EQUIPMENT MARKET REVENUE, FOR PORTABLE, BY REGION, 20192027 ($MILLION)TABLE 26.MINING EQUIPMENT MARKET REVENUE FOR OTHERS, BY REGION, 20192027 ($MILLION)TABLE 27.GLOBAL MINING EQUIPMENT MARKET, BY APPLICATION, 20192027 ($MILLION)TABLE 28.METAL MINING EQUIPMENT MARKET REVENUE, BY REGION, 20192027 ($MILLION)TABLE 29.MINERAL MINING EQUIPMENT MARKET REVENUE, BY REGION, 20192027 ($MILLION)TABLE 30.COAL MINING EQUIPMENT MARKET REVENUE, BY REGION, 20192027 ($MILLION)TABLE 31.MINING EQUIPMENT MARKET REVENUE, BY REGION, 20192027 ($MILLION)TABLE 32.NORTH AMERICA MINING EQUIPMENT MARKET REVENUE, BY TYPE, 20192027 ($MILLION)TABLE 33.NORTH AMERICA MINERAL PROCESSING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 34.NORTH AMERICA SURFACE MINING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 35.NORTH AMERICA UNDERGROUND MINING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 36.NORTH AMERICA MINING DRILLS & BREAKERS EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 37.NORTH AMERICA CRUSHING, PULVERIZING, & SCREENING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 38.NORTH AMERICA MINING EQUIPMENT MARKET REVENUE, BY APPLICATION, 20192027 ($MILLION)TABLE 39.EUROPE MINING EQUIPMENT MARKET REVENUE, BY TYPE, 20192027 ($MILLION)TABLE 40.EUROPE MINERAL PROCESSING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 41.EUROPE SURFACE MINING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 42.EUROPE UNDERGROUND MINING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 43.EUROPE MINING DRILLS & BREAKERS EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 44.EUROPE CRUSHING, PULVERIZING, & SCREENING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 45.EUROPE MINING EQUIPMENT MARKET REVENUE, BY APPLICATION, 20192027 ($MILLION)TABLE 46.ASIA-PACIFIC MINING EQUIPMENT MARKET REVENUE, BY TYPE, 20192027 ($MILLION)TABLE 47.ASIA-PACIFIC MINERAL PROCESSING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 48.ASIA-PACIFIC SURFACE MINING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 49.ASIA-PACIFIC UNDERGROUND MINING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 50.ASIA-PACIFIC MINING DRILLS & BREAKERS EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 51.ASIA-PACIFIC CRUSHING, PULVERIZING, & SCREENING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 52.ASIA-PACIFIC MINING EQUIPMENT MARKET REVENUE, BY APPLICATION, 20192027 ($MILLION)TABLE 53.LAMEA MINING EQUIPMENT MARKET REVENUE, BY TYPE, 20192027 ($MILLION)TABLE 54.LAMEAMINERAL PROCESSING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 55.LAMEASURFACE MINING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 56.LAMEAUNDERGROUND MINING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 57.LAMEA MINING DRILLS & BREAKERS EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 58.LAMEA CRUSHING, PULVERIZING, & SCREENING EQUIPMENT REVENUE, BY SUB-TYPE, 20192027 ($MILLION)TABLE 59.LAMEA MINING EQUIPMENT MARKET REVENUE, BY APPLICATION, 20192027 ($MILLION)TABLE 60.AB VOLVO: KEY EXECUTIVESTABLE 61.AB VOLVO: COMPANY SNAPSHOTTABLE 62.AB VOLVO: OPERATING SEGMENTSTABLE 63.AB VOLVO: PRODUCT PORTFOLIOTABLE 64.CATERPILLAR: KEY EXECUTIVESTABLE 65.CATERPILLAR: COMPANY SNAPSHOTTABLE 66.CATERPILLAR: OPERATING SEGMENTSTABLE 67.CATERPILLAR: PRODUCT PORTFOLIOTABLE 68.DEERE & COMPANY: COMPANY SNAPSHOTTABLE 69.DEERE & COMPANY: OPERATING SEGMENTSTABLE 70.DEERE & COMPANY: PRODUCT PORTFOLIOTABLE 71.DOOSAN CORPORATION: COMPANY SNAPSHOTTABLE 72.DOOSAN CORPORATION: OPERATING SEGMENTSTABLE 73.DOOSAN CORPORATION: PRODUCT PORTFOLIOTABLE 74.EPIROC AB: COMPANY SNAPSHOTTABLE 75.EPIROC AB: OPERATING SEGMENTSTABLE 76.EPIROC AB: PRODUCT PORTFOLIOTABLE 77.HITACHI, LTD.: COMPANY SNAPSHOTTABLE 78.HITACHI, LTD.: OPERATING SEGMENTSTABLE 79.HITACHI, LTD.: PRODUCT PORTFOLIOTABLE 80.KOMATSU LTD: COMPANY SNAPSHOTTABLE 81.KOMATSU LTD: OPERATING SEGMENTSTABLE 82.KOMATSU LTD: PRODUCT PORTFOLIOTABLE 83.LIEBHERR-INTERNATIONAL AG: COMPANY SNAPSHOTTABLE 84.LIEBHERR-INTERNATIONAL AG: OPERATING SEGMENTSTABLE 85.LIEBHERR-INTERNATIONAL AG: PRODUCT PORTFOLIOTABLE 86.METSO CORPORATION: COMPANY SNAPSHOTTABLE 87.METSO CORPORATION: OPERATING SEGMENTSTABLE 88.METSO CORPORATION: PRODUCT PORTFOLIOTABLE 89.SANDVIK AB: COMPANY SNAPSHOTTABLE 90.SANDVIK AB: OPERATING SEGMENTSTABLE 91.SANDVIK AB: PRODUCT PORTFOLIO
FIGURE 01.GLOBAL MINING EQUIPMENT MARKET, 20192027FIGURE 02.GLOBAL MINING EQUIPMENT MARKET: KEY PLAYERSFIGURE 03.TOP INVESTMENT POCKETSFIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2017-2020* (%)FIGURE 05.TOP WINNING STRATEGIES, BY DEVELOPMENT, 20172020* (%)FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2017-2020* (%)FIGURE 07.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERSFIGURE 08.HIGH BARGAINING POWER OF BUYERSFIGURE 09.LOW THREAT OF SUBSTITUTESFIGURE 10.HIGH THREAT OF NEW ENTRANTSFIGURE 11.MODERATE COMPETITIVE RIVALRYFIGURE 12.KEY PLAYER POSITIONINGFIGURE 13.PORTABLE MINERAL PROCESSING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 14.STATIONARY MINERAL PROCESSING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 15.ARTICULATED DUMP TRUCK MARKET SHARE, 2019 (%)FIGURE 16.CRAWLER DOZER MARKET SHARE, 2019 (%)FIGURE 17.CRAWLER EXCAVATOR MARKET SHARE, 2019 (%)FIGURE 18.OTHERS SURFACE MINING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 19.HYDRAULIC EXCAVATORS MARKET SHARE, 2019 (%)FIGURE 20.MINING DOZERS MARKET SHARE, 2019 (%)FIGURE 21.UNDERGROUND HAULERS MARKET SHARE, 2019 (%)FIGURE 22.OTHERS UNDERGROUND MINING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 23.MINING DRILLS MARKET SHARE, 2019 (%)FIGURE 24.MINING BREAKERS MARKET SHARE, 2019 (%)FIGURE 25.PORTABLE CRUSHING, PULVERIZING, AND SCREENING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 26.STATIONARY CRUSHING, PULVERIZING, AND SCREENING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 27.COAL MINING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 28.METAL MINING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 29.MINERAL MINING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 30.NORTH AMERICA MINING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 31.EUROPE MINING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 32.ASIA-PACIFIC MINING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 33.LAMEA MINING EQUIPMENT MARKET SHARE, 2019 (%)FIGURE 34.GLOBAL MINING EQUIPMENT MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIESFIGURE 35.IMPACT OF COVID-19 ON COMMODITY PRICESFIGURE 36.GLOBAL MINING EQUIPMENT MARKET, BY TYPE, 20192027FIGURE 37.GLOBAL MINING EQUIPMENT MARKET, BY APPLICATION, 20192027FIGURE 38.GLOBAL MINING EQUIPMENT MARKET, BY REGION, 20192027FIGURE 39.AB VOLVO: R&D EXPENDITURE, 20172019 ($MILLION)FIGURE 40.AB VOLVO: NET SALES, 20172019 ($MILLION)FIGURE 41.AB VOLVO: REVENUE SHARE, BY SEGMENT, 2019 (%)FIGURE 42.AB VOLVO: REVENUE SHARE, BY REGION, 2019 (%)FIGURE 43.CATERPILLAR: R&D EXPENDITURE, 20172019 ($MILLION)FIGURE 44.CATERPILLAR: NET SALES, 20172019 ($MILLION)FIGURE 45.CATERPILLAR: REVENUE SHARE, BY SEGMENT, 2019 (%)FIGURE 46.CATERPILLAR: REVENUE SHARE, BY REGION, 2019 (%)FIGURE 47.DEERE & COMPANY: REVENUE, 20172019 ($MILLION)FIGURE 48.DEERE & COMPANY: REVENUE SHARE, BY SEGMENT, 2019 (%)FIGURE 49.DEERE & COMPANY: REVENUE SHARE, BY REGION, 2019 (%)FIGURE 50.DOOSAN CORPORATION: R&D EXPENDITURE, 20172019 ($MILLION)FIGURE 51.DOOSAN CORPORATION: REVENUE, 20172019 ($MILLION)FIGURE 52.DOOSAN CORPORATION: REVENUE SHARE, BY SEGMENT, 2019 (%)FIGURE 53.DOOSAN CORPORATION: REVENUE SHARE, BY REGION, 2019 (%)FIGURE 54.EPIROC AB: R&D EXPENDITURE, 20172019 ($MILLION)FIGURE 55.EPIROC AB: NET SALES, 20172019 ($MILLION)FIGURE 56.EPIROC AB: REVENUE SHARE, BY SEGMENT, 2019 (%)FIGURE 57.EPIROC AB: REVENUE SHARE, BY REGION, 2019 (%)FIGURE 58.HITACHI, LTD: R&D EXPENDITURE, 20182020 ($MILLION)FIGURE 59.HITACHI, LTD.: REVENUE, 20182020 ($MILLION)FIGURE 60.HITACHI, LTD.: REVENUE SHARE, BY SEGMENT, 2020 (%)FIGURE 61.HITACHI, LTD.: REVENUE SHARE, BY REGION, 2020 (%)FIGURE 62.KOMATSU LTD: REVENUE, 20182020 ($MILLION)FIGURE 63.KOMATSU LTD: REVENUE SHARE, BY SEGMENT, 2020 (%)FIGURE 64.KOMATSU LTD: REVENUE SHARE, BY REGION, 2020 (%)FIGURE 65.LIEBHERR-INTERNATIONAL AG: R&D EXPENDITURE, 20172019 ($MILLION)FIGURE 66.LIEBHERR-INTERNATIONAL AG: REVENUE, 20172019 ($MILLION)FIGURE 67.LIEBHERR-INTERNATIONAL AG: REVENUE SHARE, BY SEGMENT, 2019 (%)FIGURE 68.LIEBHERR-INTERNATIONAL AG: REVENUE SHARE, BY REGION, 2019 (%)FIGURE 69.METSO CORPORATION: R&D EXPENDITURE, 20172019 ($MILLION)FIGURE 70.METSO CORPORATION: REVENUE, 20172019 ($MILLION)FIGURE 71.METSO CORPORATION: REVENUE SHARE, BY SEGMENT, 2019 (%)FIGURE 72.METSO CORPORATION: REVENUE SHARE, BY REGION, 2019 (%)FIGURE 73.SANDVIK AB: R&D EXPENDITURE, 20172019 ($MILLION)FIGURE 74.SANDVIK AB: NET SALES, 20182019 ($MILLION)FIGURE 75.SANDVIK AB: REVENUE SHARE, BY SEGMENT, 2019 (%)FIGURE 76.SANDVIK AB: REVENUE SHARE, BY REGION, 2019 (%)
The mining equipment market has witnessed a notable growth in past few years. Developing countries such as India, China, and Australia have witnessed increase in demand in the mining equipment market. The demand for precious metals such as gold, silver, copper, titanium, and bauxite is an important factor that boosts growth of the global mining equipment market. Moreover, rise in demand for technologically advanced mining equipment, such as remote monitoring mining equipment, propels the market to expand in developed regions. Mining drills & breakers is the fastest growing segment, followed by crushing, pulverizing, & screening equipment.
Leading companies in the mining equipment market such as Caterpillar Inc.; Komatsu Ltd.; Joy Global Inc. Inc. Sandvik; and Hitachi Co. Ltd have witnessed a significant growth in past few years. Innovative products, such as remote-controlled mining equipment, launched by these players have increased their overall consumer base. Moreover, other players operating in the market such as AB Volvo, Doosan Group; Atlas Copco, and Liebherr Group are expected to strengthen their product line with higher technological products to cater to the increase in requirements of consumers. Players operating in the mining equipment market focus on development and launch of high-quality products, depending on needs and preferences of consumers to keep up with recent technological advancements. Moreover, innovative marketing and positioning strategies of players have helped to increase the overall market size.
A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically covers company overview, geographical presence, and market dominance (in terms of revenue).
The global mining equipment market size was valued at USD 144.37 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 12.7% from 2020 to 2027.Ongoing digital mine innovation is expected to transform the key aspects of mining over the next few years. Increased investment, along with government support for the digital mine innovation, is expected to trigger the demand for mining equipment over the forecast period. Improvements and innovations in extraction technologies and equipment have contributed to the betterment of ore grades, thus extending the life of older mines.
Technology is becoming a critical differentiating factor for manufacturers and mining companies as digitization and automation are continuously gaining momentum. Key players are focusing on reducing the cost of extraction and equipment maintenance. Moreover, the industry has witnessed a large scale adoption of different clusters of technologies, such as robotics & automation, smart sensors, and 3D printing, to enhance operational efficiency. For instance, in January 2019, ABB Ltd. launched the Ability Smart Sensor for assessing the condition of mounted bearings so as to prevent the downtime in mining during material handling.
Need to provide environment-friendly equipment in response to the demand for a sustainable future is on the rise. There is a continuous shift to renewable energy, which has increased the demand for a variety of minerals. This situation has enabled companies to strengthen their business to offer equipment, which are more productive and have a smaller environmental impact. For instance, the advanced control technologies in the Autonomous Haulage System (AHS) of Komatsu Ltd. reduces fuel consumption, along with tire wear and emissions.
The transition from underground to innovative and economical open pit mining is expected to propel the demand for mining equipment over the next few years. The mining industry requires a large amount of energy to extract and protect resources, including a variety of refining and concentration processes. Decrease in the average copper ore grade has led to an increase in energy consumption and total material production, thereby propelling the demand for high-performance equipment.
Development of high-performance equipment has made it possible to extract ores of declining grades without increasing the costs. This trend is increasingly perceptible in several steel manufacturing companies pursuing to enter the mineral exploration sector for securing their supplies of coking coal and iron ore at a rational cost.
Surface mining equipment held the largest share of the overall revenue in 2019 and is expected to maintain its lead over the forecast period. Increasing demand for coal, iron ore, chromium, and diamonds in emerging economies is expected to provide growth avenues for the surface mining equipment over the next few years. Growing adoption of this equipment has led to selective mining operations by exploring high-quality materials and creating embankments and stable surfaces.
Furthermore, increased demand for excavators in the construction and oil & gas industries is expected to significantly contribute to the growth of the surface mining equipment segment. This equipment has also witnessed increased demand due to the emergence of compact excavators. These excavators are a potential solution for carrying the excavating process in confines spaces. Companies are further upgrading excavators and electric shoves to meet the current metal exploration demand. For instance, in September 2019, Komatsu Ltd. introduced a hydraulic excavator, PC2000-11, which is equipped with a machine monitoring system, called KomVision. This is used to load the haul trucks and can be used for loading coal, stripping overburden, and loading shot rock.
Underground mining equipment significantly contributed to revenue growth in 2019. Need to maximize the efficiency of decline truck haulage and maintain its competitiveness with shaft haulage has led to increased demand for underground high-capacity trucks. Furthermore, miners are unable to find economically viable deposits for open-pit mining. This situation has given rise to the expansion of underground mining to extend the mine life, thereby driving the demand for underground mining equipment.
The metal mining application segment dominated the global mining equipment market in 2019 owing to an increase in hauling of metal deposits and high demand for precious metals. Factors such as favorable government regulations, growth of the mining-related end-use industries, and fluctuation in commodity prices are expected to significantly affect the demand for mining equipment in the metal mining applications. Iron and copper mines in South America and Australia are procuring additional equipment deliveries, which is expected to trigger the growth of this application segment. This procurement is a result of the improvement in the exploration of iron and copper.
The non-metal mining application segment witnessed substantial growth in 2019. Need for non-metal mining has observed an upsurge due to increased demand for the extraction of rocks, stones, sand, and similar materials for the construction of roads, buildings, monuments, and landscaping. Increasing number of investment schemes in this sector by various governments is also boosting the growth of the non-metal mining segment. For instance, in 2019, the Australian government raised new funding for its critical minerals and rare earth minerals sector. Extraction projects in the areas of defense and critical minerals will have access to dual funding through the Export Finance Australia (EFA) and Northern Australia Infrastructure Facility (NAIF).
Asia Pacific accounted for the largest market share in 2019 and is expected to maintain its lead over the forecast period. India, followed by Australia, accounted for a significant share of the overall revenue due to constant investments and increasing infrastructure projects. India offers a number of opportunities for the mining companies as there is significant scope for exploration of bauxite, iron ore, and coal. Furthermore, booming real estate sector in the country is expected to augment the demand for metal mining equipment, thereby contributing to regional growth.
Furthermore, continuous government support for the development of mining and exploration has generated ample opportunities for manufacturers to provide enhanced equipment. For instance, the Government of India has allowed 100% FDI in this sector for the exploration of metal and non-metal ores. Moreover, the Ministry of Steel aims to more than double the steel production capacity to 300 million tons by 2030-31. Such initiatives and support are expected to compel the mining equipment manufacturers to establish a base in the country, thereby amplifying the mining equipment industry growth over the next few years.
Latin America has gained popularity owing to a boost in mineral exploration activities, which is attributed to significant investments in this sector. Chile and Peru are home to a large number of copper and gold mines, which contribute significantly to the global exploration of metals. Moreover, favorable mining regulations for overseas investors, particularly in Peru, Chile, and Colombia, are aiding regional growth. Moreover, the region is home to large deposits of copper, gold, and iron, which provides exploration opportunities, thereby increasing the demand for surface mining equipment.
Companies are stressing on enhancing their service and after-service strategies to provide value-added offerings to clients. For instance, Caterpillar, Inc. strategizes to deliver a superior customer experience, which focuses on value-added offerings to transform traditional product support. Such a strategy has increased the sales of products, which will further strengthen the companys presence in the aftermarket.
Major OEMs have been carrying out joint ventures and development programs for components and purchased-finished materials with certain competitors, aiming to reduce manufacturing costs and provide competitive differentiation. Expansion of offerings by developing the right differentiated product is one of the key strategies adopted by companies to ensure long-term customer loyalty. For instance, Caterpillar, Inc.s next-generation 20-ton size class excavators have helped customers in reducing fuel consumption and maintenance costs, along with increasing operating efficiency to achieve cost and productivity targets. Some of the prominent players in themining equipment market include:
U.S.; Canada; Germany; U.K.; Spain; France; Finland; Sweden; Poland; Russia; China; India; Japan; Australia; Indonesia; South Korea; Philippines; New Zealand; Chile; Peru; Saudi Arabia; South Africa; Iran; Egypt; Ghana
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the global mining equipment market report on the basis of equipment, application, and region:
b. Surface mining equipment dominated the global mining equipment market with a share of 41.86% in 2019. This is attributable to increasing demand for coal, iron ore, chromium, and diamonds in emerging economies.
The ongoing pandemic has led to a decline in exploration activities in the oil & gas sector. A number of EPC projects have also witnessed an indefinite pause that has transpired into a slump in the requirement for drilling and excavation services. Economic repercussions of the trend are expected to be highly evident in the Middle East. The report will account for Covid19 as a key market contributor.
Dublin, May 31, 2021 (GLOBE NEWSWIRE) -- The "Mining Equipment and Machinery Global Market Insights 2021, Analysis and Forecast to 2026, by Manufacturers, Regions, Technology, Application" report has been added to ResearchAndMarkets.com's offering. This report describes the global market size of Mining Equipment and Machinery from 2016 to 2020 and its CAGR from 2016 to 2020, and also forecasts its market size to the end of 2026 and its CAGR from 2021 to 2026.For the geography segment, regional supply, demand, major players, price is presented from 2016 to 2026. This report covers the following regions:
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.For the competitor segment, the report includes global key players of Mining Equipment and Machinery as well as some small players. The information for each competitor includes:
Key Topics Covered: Chapter 1 Executive SummaryChapter 2 Abbreviation and AcronymsChapter 3 Preface3.1 Research Scope3.2 Research Sources3.2.1 Data Sources3.2.2 Assumptions3.3 Research MethodChapter 4 Market Landscape4.1 Market Overview4.2 Classification/Types4.3 Application/End-usersChapter 5 Market Trend Analysis5.1 Introduction5.2 Drivers5.3 Restraints5.4 Opportunities5.5 ThreatsChapter 6 Industry Chain Analysis6.1 Upstream/Suppliers Analysis6.2 Mining Equipment and Machinery Analysis6.2.1 Technology Analysis6.2.2 Cost Analysis6.2.3 Market Channel Analysis6.3 Downstream Buyers/End-usersChapter 7 Latest Market Dynamics7.1 Latest News7.2 Merger and Acquisition7.3 Planned/Future Project7.4 Policy DynamicsChapter 8 Trading Analysis8.1 Export of Mining Equipment and Machinery by Region8.2 Import of Mining Equipment and Machinery by Region8.3 Balance of TradeChapter 9 Historical and Forecast Mining Equipment and Machinery Market in North America (2016-2026)9.1 Mining Equipment and Machinery Market Size9.2 Mining Equipment and Machinery Demand by End Use9.3 Competition by Players/Suppliers9.4 Type Segmentation and Price9.5 Key Countries Analysis9.5.1 US9.5.2 Canada9.5.3 MexicoChapter 10 Historical and Forecast Mining Equipment and Machinery Market in South America (2016-2026)10.1 Mining Equipment and Machinery Market Size10.2 Mining Equipment and Machinery Demand by End Use10.3 Competition by Players/Suppliers10.4 Type Segmentation and Price10.5 Key Countries Analysis10.5.1 Brazil10.5.2 Argentina10.5.3 Chile10.5.4 PeruChapter 11 Historical and Forecast Mining Equipment and Machinery Market in Asia & Pacific (2016-2026)11.1 Mining Equipment and Machinery Market Size11.2 Mining Equipment and Machinery Demand by End Use11.3 Competition by Players/Suppliers11.4 Type Segmentation and Price11.5 Key Countries Analysis11.5.1 China11.5.2 India11.5.3 Japan11.5.4 South Korea11.5.5 Asean11.5.6 AustraliaChapter 12 Historical and Forecast Mining Equipment and Machinery Market in Europe (2016-2026)12.1 Mining Equipment and Machinery Market Size12.2 Mining Equipment and Machinery Demand by End Use12.3 Competition by Players/Suppliers12.4 Type Segmentation and Price12.5 Key Countries Analysis12.5.1 Germany12.5.2 France12.5.3 UK12.5.4 Italy12.5.5 Spain12.5.6 Belgium12.5.7 Netherlands12.5.8 Austria12.5.9 Poland12.5.10 RussiaChapter 13 Historical and Forecast Mining Equipment and Machinery Market in MEA (2016-2026)13.1 Mining Equipment and Machinery Market Size13.2 Mining Equipment and Machinery Demand by End Use13.3 Competition by Players/Suppliers13.4 Type Segmentation and Price13.5 Key Countries Analysis13.5.1 Egypt13.5.2 Israel13.5.3 South Africa13.5.4 GCC13.5.5 TurkeyChapter 14 Summary for Global Mining Equipment and Machinery Market (2016-2021)14.1 Mining Equipment and Machinery Market Size14.2 Mining Equipment and Machinery Demand by End Use14.3 Competition by Players/Suppliers14.4 Type Segmentation and PriceChapter 15 Global Mining Equipment and Machinery Market Forecast (2021-2026)15.1 Mining Equipment and Machinery Market Size Forecast15.2 Mining Equipment and Machinery Demand Forecast15.3 Competition by Players/Suppliers15.4 Type Segmentation and Price ForecastChapter 16 Analysis of Global Key VendorsFor more information about this report visit https://www.researchandmarkets.com/r/4xayxi
The U.S.-listed shares of several Chinese electric-vehicle makers were trading down on Wednesday after the Chinese government imposed restrictions on ride-hailing giant DiDi Global (NYSE: DIDI) following its initial public offering in New York. Li Auto (NASDAQ: LI) was down about 4.6%. NIO (NYSE: NIO) was down about 6.9%.
For the third day in a row, Carnival Corp. (NYSE: CCL) stock is sinking -- down 3% as of 1 p.m. EDT. Consider: As my fellow Fool Travis Hoium explained Tuesday, investors are upset with Carnival's decision to buy back $2 billion worth of its 11.5% senior secured notes due 2023. Now, on the one hand, that move will cut into the $9.3 billion in cash Carnival had on hand to carry it through the rest of the pandemic.
Workhorse Group (NASDAQ: WKHS) stock opened at $13.85, dropped to a low of $12.43 during the day and closed at $12.51, a one-day tumble of 9.61% on Wednesday. Shares in Workhorse, a maker of electric trucks, have been a favorite among retail investors and were as high as $17 last week. Workhorse, which lost out to Oshkosh Defense, a division of Oshkosh, on the contract to make the next-generation vehicles for the U.S. Postal Service, has lodged a formal complaint with the Federal Claims Court regarding the bid process.
What happened Shares of Moderna (NASDAQ: MRNA) were falling 4.7% lower as of 11:55 a.m. EDT on Wednesday. The decline came after the company reported that the first participant has been dosed in a phase 1/2 study evaluating its quadrivalent flu vaccine.
The most surprising stock of 2021 is probably AMC Entertainment Holdings (NYSE: AMC), the world's largest movie theater chain. Any objective observer would view the company as being in very dire straits; after all, AMC is saddled with billions in debt, reeling from the global pandemic, and facing a highly uncertain recovery amid the streaming revolution and compressed theatrical windows. Retail investors apparently see the stock as a reopening play and a short squeeze candidate, while also also betting their online community will keep buying and holding the stock.
Shares in so-called meme stocks with a following among retail investors lost ground on Wednesday, with AMC Entertainment shares down 8.1%, on track for their fourth straight day of declines, and GameStop Corp falling 4.9%. AMC, which fell almost 12% in the previous three sessions, hit a record high of $72.62 in early June as members of social media platforms including Twitter and Reddit's WallStreetBets urged each other to buy the stock. The cinema operator, which on Tuesday scrapped a shareholder approval request for an increase in the number of shares outstanding, was trading at $45.91 after breaching its 30-day moving average.
(Bloomberg) -- Jeff Bezos is leaving the rest of the world behind when it comes to wealth accumulation.The worlds richest man reached a record $211 billion net worth Tuesday after Amazon.com Inc. shares rose 4.7% after the Pentagon announced it was canceling a cloud-computing contract with rival Microsoft Corp. The rally raised Bezoss fortune by $8.4 billion, according to the Bloomberg Billionaires Index.The last time anyone in the Bloomberg ranking neared this amount was in January, when Tesl
The stock market has been choppy this week, and Wednesday brought some new fears to the table. Market participants are looking closely at rising incidence of new COVID-19 variants, which could threaten to bring yet another wave of cases to areas where vaccination rates have been less than ideal. Moderna (NASDAQ: MRNA), BioNTech (NASDAQ: BNTX), and Novavax (NASDAQ: NVAX) were all sharply lower on the day.
In this article, we discuss the 10 stocks Reddits WallStreetBets is buying in July 2021. If you want to skip our detailed analysis of these stocks, go directly to the 5 Stocks Reddits WallStreetBets is Buying in July 2021. Reddit forum WallStreetBets, with a user base of more than 10.6 million, has become one of 
She continued by adding, Im grateful to have had the opportunity to [be their chief of staff], to be able to be with them on their journey. The time that I spent with them was incredibly fulfilling. I think...
In this article, we will discuss the 10 best pharmaceutical stocks to buy according to billionaire Joseph Edelman. If you want to skip our detailed analysis of Edelmans history, investment philosophy, and hedge fund performance, go directly to the 5 Best Pharmaceutical Stocks to Buy According to Billionaire Joseph Edelman. Joseph Edelman was born in 
Donald Trump is certainly good for the publishing industry as another book about the former president has hit bookstores. Michael Wolffs latest publication, Landslide: The Final Days of the Trump Presidency, tackles a topic many people would like answers to his connection to Jeffery Epstein. Now Trump isnt the only high-profile figure who has