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Heavy Machine

PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1340152

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PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1340152

Mining Machinery Market by Machinery Category (Crushing, Pulverizing & Screening, Mineral Processing, Surface & Underground), Application, Power Output, Electric & Hybrid Machinery (Mining Trucks, LHD), Battery Chemistry Region - Global Forecast to 2030

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Table of Contents

The mining machinery market is projected to grow from USD 24.8 billion in 2023 to USD 32.8 billion by 2030, at a CAGR of 4.1% from 2023 to 2030. The need for infrastructure development in developing countries is driving the demand for minerals and metals. As easily accessible mineral deposits become scarce, mining companies are compelled to explore and extract minerals from more challenging and remote locations. This requirement for specialized equipment to access and extract resources drives the demand for advanced mining machinery.

"Diesel segment is predicted to lead the mining machinery market during the forecast period."

By propulsion, diesel-driven mining machinery is projected to dominate the market share with more than 95% across all considered regions. This is mainly due to the benefits offered by these engines. Diesel produces more torque at a lower speed compared to other fuels for the same power rating and combusts at a slower rate, hence resulting in better fuel efficiency. As it is a well-proven technology, diesel-operated machines are suitable to perform heavy-duty operations under harsh and rough conditions for long working hours in mining fields. Further, to cut the harmful gases to remain aligned with the stringent emission regulations, global OEMs are incorporating hybrid engines which mainly require an additional battery and motor to work in parallel with diesel fuel. This will help in enhanced performance with lower emissions, thereby resulting in overall operational advantages. Though engines based on CNG/LNG/RNG are growing at a significant pace, however, owing to proven performance delivery, easy accessibility, and infrastructural challenges related to other alternative fuel & pure electric propulsion, the market of diesel-operated mining machinery will remain in the leading position under the review period.

"The mineral mining segment is estimated to be the largest and fastest for the mining machinery market, by application."

Minerals mining is projected to remain dominant and like to grow at a higher rate for the application segment. The growth of the segment is mainly due to increased demand for metallic and non-metallic minerals such as iron, bauxite, copper, aluminium, gold, clay, limestone, gypsum, and sand among others in recent years. With the constant depletion of numerous global mineral reserves, mining operators need to find and extract minerals from increasingly challenging and remote locations. To meet this specific demand, the advanced and sophisticated mining machinery would become beneficial to unearth potential mineral deposits in these hard-to-reach terrains, leveraging cutting-edge exploration technologies, including remote sensing satellite imagery and geological modelling. Asian countries like China, Australia, and India are major players in mineral extraction along with some the African and South countries such as South Africa, Chile, and Peru. Further, growing demand for pollution-free mobility solutions and the use of renewable resources would prompt the higher demand for these minerals which subsequently boost the growth of mining machinery in the years to come.

"North America is the second largest market for mining machinery."

North America is one of the dominant markets in the mining machinery industry as US and Canada have a higher demand for mining machines due to the presence of many active mines in the region. US's protectionist policies, which have increased demand for domestically extracted minerals, are expected to increase the demand for mining equipment in North America. Positive elements like low-interest rates will also boost spending in the mining sector. Apart from this, Canada has vast reserves of metals and minerals and exports 60 mineral commodities worldwide. It is a key global producer of copper, nickel, and cobalt and hosts advanced mineral projects for rare earth elements, lithium, and graphite. Thus, the growing demand for these rare minerals has led to an increase in extraction activities in mines in Canada which has further influenced the growth of the mining machinery market. Also, the presence of mining companies like Barrick Gold Corporation, Teck Resources Ltd., and Agnico Eagle Mines Ltd. would be creating new growth opportunities for the mining machinery market.

The break-up of the profile of primary participants in the mining machinery market:

  • By Company Type: OEM - 70%, Tier 1 -20%, and Others - 10%
  • By Designation: Director Level - 30%, C Level - 30%, and Others - 40%,
  • By Region: North America - 10%, Europe - 10%, Asia Oceania - 60%, and South America - 20%

Prominent companies include Caterpillar Inc (US), Komatsu Ltd (Japan), Sandvik AB (Sweden), Epiroc AB (Sweden), and Liebherr (Switzerland), among others.

Research Coverage:

This research report categorizes the mining machinery market by different segments and regions. This includes by Machinery Category (Crushing, Pulverizing & Screening, Mineral Processing, Surface & Underground Mining), Application (Coal, Metal, Mineral), Power Output (<500 HP< 500-2,000 HP, >2,000 HP), Electric & Hybrid Mining Machinery, by Type (Electric Mining Trucks, Electric LHD), Battery Chemistry (LFP, NMC, Others), Propulsion (Diesel, CNG/LNG/RNG), Autonomous Mining Machinery, by Mining Category (Surface & Mining Machinery), and Region (Asia Oceania, North America, Europe, South America & Middle East & Africa).

The report encompasses comprehensive details concerning the primary elements that impact the expansion of the mining machinery market, including driving forces, limitations, hurdles, and prospects. An extensive examination of the leading participants in the industry has been conducted to furnish insights into their corporate synopsis, offerings, and services. This encompasses principal tactics, affiliations, contracts, collaborations, introductions of novel products and services, amalgamations, and acquisitions, as well as the influence of economic downturns and recent advancements linked to the mining machinery market. Furthermore, this report addresses the competitive assessment of emerging startups within the mining machinery market environment.

Reasons to buy this report:

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall mining machinery market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Increasing use of electric machinery in underground mining, Increased demand of metals and commodities, and rising count of active mines), restraints (Export of used mining machinery to developing countries, International trade policies and relations might restrict development of mining machinery market), opportunities (Use of autonomous mining machinery, Use of telematics in mining machinery), and challenges (Lack of standardization in mining machinery, Cyber-attacks would create a challenge for the growth of the mining machinery market during the forecast period) are influencing the growth of the mining machinery market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the mining machinery market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the mining machinery market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the mining machinery market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Caterpillar Inc (US), Komatsu Ltd (Japan), Sandvik AB (Sweden), Epiroc AB (Sweden), and Liebherr (Switzerland) among others in the mining machinery market

The report also helps stakeholders understand the pulse of the mining machinery market by Machinery Category, Application, Power Output, Electric & Hybrid Mining Machinery, Battery Chemistry, Propulsion, and Autonomous Mining Machinery used in the mining machinery market by providing them with information on key market drivers, restraints, challenges, and opportunities.

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Product Code: AT 6792

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
  • 1.3 INCLUSIONS AND EXCLUSIONS
  • 1.4 MARKET SCOPE
    • FIGURE 1 MINING MACHINERY MARKET SEGMENTATION
    • 1.4.1 REGIONS COVERED
    • 1.4.2 YEARS CONSIDERED
  • 1.5 CURRENCY CONSIDERED
    • TABLE 1 CURRENCY EXCHANGE RATES
  • 1.6 UNIT CONSIDERED
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 MINING MACHINERY MARKET: RESEARCH DESIGN
    • FIGURE 3 RESEARCH METHODOLOGY MODEL
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 Key secondary sources for market sizing
      • 2.1.1.2 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
    • FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
      • 2.1.2.1 List of primary participants
  • 2.2 MARKET SIZE ESTIMATION
    • FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
    • 2.2.1 BOTTOM-UP APPROACH
    • FIGURE 6 MINING MACHINERY MARKET: BOTTOM-UP APPROACH
    • 2.2.2 TOP-DOWN APPROACH
    • FIGURE 7 MINING MACHINERY MARKET: TOP-DOWN APPROACH (APPLICATION/PROPULSION/POWER OUTPUT)
    • FIGURE 8 ELECTRIC MINING MACHINERY MARKET: TOP-DOWN APPROACH (MACHINERY CATEGORY AND REGION)
  • 2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
  • 2.4 FACTORS IMPACTING MINING MACHINERY MARKET
  • 2.5 RECESSION IMPACT ANALYSIS
  • 2.6 DATA TRIANGULATION
    • FIGURE 9 MINING MACHINERY MARKET: DATA TRIANGULATION
  • 2.7 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT
  • 2.8 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

  • 3.1 REPORT SUMMARY
    • FIGURE 10 MINING MACHINERY MARKET OUTLOOK
    • FIGURE 11 MINING MACHINERY MARKET, BY REGION, 2023 VS. 2030 (USD MILLION)

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MINING MACHINERY MARKET
    • FIGURE 12 GROWING DEMAND FOR METALS AND COMMODITIES TO DRIVE MINING MACHINERY MARKET
  • 4.2 MINING MACHINERY MARKET, BY MACHINERY CATEGORY
    • FIGURE 13 SURFACE MINING MACHINERY SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
  • 4.3 MINING MACHINERY MARKET, BY PROPULSION
    • FIGURE 14 CNG/RNG/LNG SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
  • 4.4 MINING MACHINERY MARKET, BY POWER OUTPUT
    • FIGURE 15 500-2,000 HP SEGMENT TO LEAD MINING MACHINERY MARKET IN 2023 (USD BILLION)
  • 4.5 MINING MACHINERY MARKET, BY APPLICATION
    • FIGURE 16 MINERAL SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
  • 4.6 ELECTRIC & HYBRID MINING MACHINERY MARKET, BY TYPE
    • FIGURE 17 MINING TRUCKS SEGMENT TO LEAD ELECTRIC & HYBRID MINING MACHINERY MARKET DURING FORECAST PERIOD
  • 4.7 ELECTRIC MINING MACHINERY MARKET, BY BATTERY CHEMISTRY
    • FIGURE 18 LITHIUM IRON PHOSPHATE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2023
  • 4.8 AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY
    • FIGURE 19 SURFACE MINING TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
  • 4.9 MINING MACHINERY MARKET, BY REGION
    • FIGURE 20 ASIA OCEANIA TO BE LARGEST MINING MACHINERY MARKET IN 2023

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 21 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MINING MACHINERY MARKET
    • 5.2.1 DRIVERS
      • 5.2.1.1 Increasing use of electric machinery in underground mining
    • TABLE 2 LIST OF SOME ELECTRIC MINING MACHINERY FROM MANUFACTURERS
      • 5.2.1.2 Increasing demand for metals and commodities and rising count of active mines
    • TABLE 3 LIST OF ACTIVE MINES, REGIONAL LEVEL, 2022-2023
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Export of used mining machinery to emerging economies
      • 5.2.2.2 International trade policies and relations
    • TABLE 4 GLOBAL TRADE POLICIES ON MINING MACHINERY
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Developments in autonomous mining machinery
    • TABLE 5 LIST OF SOME AUTONOMOUS MINING MACHINERY BY MANUFACTURERS
      • 5.2.3.2 Rising use of telematics services in mining machinery
    • TABLE 6 PROMINENT MINING MACHINERY PLAYERS OFFERING TELEMATICS SOLUTIONS
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Lack of standardization in mining machinery
      • 5.2.4.2 Cyberattacks
  • 5.3 SUPPLY CHAIN ANALYSIS
    • FIGURE 22 MINING MACHINERY MARKET: SUPPLY CHAIN ANALYSIS
  • 5.4 ECOSYSTEM ANALYSIS
    • FIGURE 23 MINING MACHINERY MARKET: ECOSYSTEM ANALYSIS
    • FIGURE 24 MINING MACHINERY MARKET: MAPPING BASED ON VARIOUS STAKEHOLDERS IN ECOSYSTEM
    • TABLE 7 MINING MACHINERY MARKET: ROLE OF COMPANIES IN ECOSYSTEM
  • 5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    • FIGURE 25 REVENUE SHIFT IN MINING MACHINERY MARKET
  • 5.6 REGULATORY FRAMEWORK
    • 5.6.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
      • 5.6.1.1 North America: Regulatory bodies, government agencies, and other organizations
      • 5.6.1.2 Europe: Regulatory bodies, government agencies, and other organizations
      • 5.6.1.3 Asia Pacific: Regulatory bodies, government agencies, and other organizations
      • 5.6.1.4 Middle East: Regulatory bodies, government agencies, and other organizations
      • 5.6.1.5 Rest of the World: Regulatory bodies, government agencies, and other organizations
    • 5.6.2 REGULATORY ANALYSIS
      • 5.6.2.1 Non-road mobile machinery (NRMM) emission regulation outlook, 2019-2025
    • FIGURE 26 NRMM EMISSION REGULATION OUTLOOK, 2019-2025
      • 5.6.2.2 North America
        • 5.6.2.2.1 US
    • TABLE 8 US: TIER 4 EMISSION STANDARDS
      • 5.6.2.3 Europe
    • TABLE 9 EUROPEAN UNION: STAGE V EMISSION STANDARDS
      • 5.6.2.4 Asia
        • 5.6.2.4.1 China
    • TABLE 10 CHINA: CHINA IV EMISSION STANDARDS
        • 5.6.2.4.2 India
    • TABLE 11 INDIA: BS IV EMISSION STANDARDS
    • TABLE 12 INDIA: BS V EMISSION STANDARDS
  • 5.7 KEY CONFERENCES AND EVENTS, 2023-2024
    • TABLE 13 MINING MACHINERY MARKET: KEY CONFERENCES AND EVENTS
  • 5.8 TECHNOLOGY ANALYSIS
    • 5.8.1 ADOPTION OF ARTIFICIAL INTELLIGENCE (AI) AND ANALYTICS
    • 5.8.2 REAL-TIME LOCATION SYSTEM TECHNOLOGY (RTLS)
  • 5.9 AVERAGE SELLING PRICE TREND OF MINING MACHINERY
    • 5.9.1 PRICE TREND, BY REGION, 2020 VS. 2022
    • TABLE 14 PRICE TREND ANALYSIS: BY REGION
    • 5.9.2 PRICE TREND, BY MACHINERY TYPE, 2020 VS. 2022
    • TABLE 15 PRICE TREND ANALYSIS: BY MACHINERY TYPE
  • 5.10 TRADE ANALYSIS
    • 5.10.1 IMPORT DATA
      • 5.10.1.1 US
    • TABLE 16 US: MINING MACHINERY IMPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.1.2 Canada
    • TABLE 17 CANADA: MINING MACHINERY IMPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.1.3 China
    • TABLE 18 CHINA: MINING MACHINERY IMPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.1.4 Japan
    • TABLE 19 JAPAN: MINING MACHINERY IMPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.1.5 India
    • TABLE 20 INDIA: MINING MACHINERY IMPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.1.6 Germany
    • TABLE 21 GERMANY: MINING MACHINERY IMPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.1.7 France
    • TABLE 22 FRANCE: MINING MACHINERY IMPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
    • 5.10.2 EXPORT DATA
      • 5.10.2.1 US
    • TABLE 23 US: MINING MACHINERY EXPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.2.2 Canada
    • TABLE 24 CANADA: MINING MACHINERY EXPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.2.3 China
    • TABLE 25 CHINA: MINING MACHINERY EXPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.2.4 Japan
    • TABLE 26 JAPAN: MINING MACHINERY EXPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.2.5 India
    • TABLE 27 INDIA: MINING MACHINERY EXPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.2.6 Germany
    • TABLE 28 GERMANY: MINING MACHINERY EXPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
      • 5.10.2.7 France
    • TABLE 29 FRANCE: MINING MACHINERY EXPORT SHARE, BY COUNTRY, 2018-2022 (VALUE %)
  • 5.11 PATENT ANALYSIS
  • 5.12 CASE STUDY ANALYSIS
    • 5.12.1 CASE STUDY 1: AUTOMATION IN MINING BY ERICSSON
    • 5.12.2 CASE STUDY 2: NAI HARNESSES & BOX BUILDS HELP CONTROL MINING OPERATIONS IN CHINA
  • 5.13 BUYING CRITERIA
    • FIGURE 27 KEY BUYING CRITERIA FOR MINING MACHINERY APPLICATIONS
    • TABLE 30 KEY BUYING CRITERIA FOR MINING MACHINERY APPLICATIONS
  • 5.14 BILL OF MATERIALS
    • FIGURE 28 BILL OF MATERIALS IN MINING MACHINERY (%), 2021 VS. 2030
  • 5.15 ELECTRIFICATION TREND IN MINING MACHINERY MARKET
    • TABLE 31 LIST OF ELECTRIC & HYBRID MINING MACHINERY BY MANUFACTURERS WITH CAPACITY
  • 5.16 RENTAL AND LEASING MODELS
    • TABLE 32 LIST OF RENTAL AND LEASING SERVICE PROVIDERS AND AREA OF OPERATION

6 RECOMMENDATIONS

  • 6.1 LUCRATIVE OPPORTUNITIES IN ASIA OCEANIA AND SOUTH AMERICA FOR MINING MACHINERY MANUFACTURERS
  • 6.2 ELECTRIC MINING MACHINERY TO ADD MORE VALUE TO MINING MACHINERY MARKET
  • 6.3 CONCLUSION

7 MINING MACHINERY MARKET, BY MACHINERY CATEGORY

  • 7.1 INTRODUCTION
    • 7.1.1 INDUSTRY INSIGHTS
    • FIGURE 29 SURFACE MINING SEGMENT TO HOLD LARGEST SHARE IN MINING MACHINERY MARKET DURING FORECAST PERIOD
    • TABLE 33 MINING MACHINERY MARKET, BY MACHINERY CATEGORY, 2018-2022 (USD MILLION)
    • TABLE 34 MINING MACHINERY MARKET, BY MACHINERY CATEGORY, 2023-2030 (USD MILLION)
  • 7.2 CRUSHING, PULVERIZING, AND SCREENING MACHINERY
    • 7.2.1 RISE IN DEMAND FOR BETTER PROCESSED MINE MATERIALS TO DRIVE MARKET
    • TABLE 35 CRUSHING, PULVERIZING, AND SCREENING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 36 CRUSHING, PULVERIZING, AND SCREENING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 7.3 MINERAL PROCESSING MACHINERY
    • 7.3.1 INCREASE IN DEMAND FOR SOPHISTICATED AND EFFECTIVE MINERAL PROCESSING METHODS TO DRIVE MARKET
    • TABLE 37 MINERAL PROCESSING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 38 MINERAL PROCESSING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 7.4 SURFACE MINING MACHINERY
    • TABLE 39 SURFACE MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 40 SURFACE MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 41 SURFACE MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 42 SURFACE MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 7.4.1 ARTICULATED DUMP TRUCKS
      • 7.4.1.1 Better operational stability in extreme terrain conditions to drive market
    • TABLE 43 ARTICULATED DUMP TRUCKS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 44 ARTICULATED DUMP TRUCKS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 45 ARTICULATED DUMP TRUCKS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 46 ARTICULATED DUMP TRUCKS MARKET, BY REGION, 2023-2030 (USD MILLION)
    • 7.4.2 CRAWLER DOZERS
      • 7.4.2.1 Versatile operational capability to drive market
    • TABLE 47 CRAWLER DOZERS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 48 CRAWLER DOZERS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 49 CRAWLER DOZERS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 50 CRAWLER DOZERS MARKET, BY REGION, 2023-2030 (USD MILLION)
    • 7.4.3 CRAWLER EXCAVATORS
      • 7.4.3.1 High traction capability to drive market
    • TABLE 51 CRAWLER EXCAVATORS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 52 CRAWLER EXCAVATORS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 53 CRAWLER EXCAVATORS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 54 CRAWLER EXCAVATORS MARKET, BY REGION, 2023-2030 (USD MILLION)
    • 7.4.4 MOTOR GRADERS
      • 7.4.4.1 Rise in demand for precise grading of materials to drive market
    • TABLE 55 MOTOR GRADERS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 56 MOTOR GRADERS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 57 MOTOR GRADERS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 58 MOTOR GRADERS MARKET, BY REGION, 2023-2030 (USD MILLION)
    • 7.4.5 RIGID DUMP TRUCKS
      • 7.4.5.1 Easy maneuverability feature to drive market
    • TABLE 59 RIGID DUMP TRUCKS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 60 RIGID DUMP TRUCKS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 61 RIGID DUMP TRUCKS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 62 RIGID DUMP TRUCKS MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 7.5 UNDERGROUND MINING MACHINERY
    • TABLE 63 UNDERGROUND MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 64 UNDERGROUND MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 65 UNDERGROUND MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 66 UNDERGROUND MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 7.5.1 DRILLS
      • 7.5.1.1 Rising demand for high production efficiency in drilling operations at mines to drive market
    • TABLE 67 DRILLS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 68 DRILLS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 69 DRILLS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 70 DRILLS MARKET, BY REGION, 2023-2030 (USD MILLION)
    • 7.5.2 ELECTRIC SHOVELS
      • 7.5.2.1 Convenient operational ability in coal and rock loading activities in mines to drive market
    • TABLE 71 ELECTRIC SHOVELS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 72 ELECTRIC SHOVELS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 73 ELECTRIC SHOVELS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 74 ELECTRIC SHOVELS MARKET, BY REGION, 2023-2030 (USD MILLION)
    • 7.5.3 HYDRAULIC EXCAVATORS
      • 7.5.3.1 Increase in demand for versatile operational machines in mines to drive market
    • TABLE 75 HYDRAULIC EXCAVATORS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 76 HYDRAULIC EXCAVATORS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 77 HYDRAULIC EXCAVATORS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 78 HYDRAULIC EXCAVATORS MARKET, BY REGION, 2023-2030 (USD MILLION)
    • 7.5.4 MINING DOZERS
      • 7.5.4.1 Increasing mining activities to drive market
    • TABLE 79 MINING DOZERS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 80 MINING DOZERS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 81 MINING DOZERS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 82 MINING DOZERS MARKET, BY REGION, 2023-2030 (USD MILLION)
    • 7.5.5 MINING TRUCKS
      • 7.5.5.1 Growing requirement for material transport in narrow and confined underground spaces to drive market
    • TABLE 83 MINING TRUCKS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 84 MINING TRUCKS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 85 MINING TRUCKS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 86 MINING TRUCKS MARKET, BY REGION, 2023-2030 (USD MILLION)
    • 7.5.6 WHEELED LOADERS
      • 7.5.6.1 Quick cycle time in operation to drive market
    • TABLE 87 WHEELED LOADERS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 88 WHEELED LOADERS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 89 WHEELED LOADERS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 90 WHEELED LOADERS MARKET, BY REGION, 2023-2030 (USD MILLION)

8 MINING MACHINERY MARKET, BY APPLICATION

  • 8.1 INTRODUCTION
    • 8.1.1 INDUSTRY INSIGHTS
    • FIGURE 30 MINING MACHINERY MARKET, BY APPLICATION, 2023 VS. 2030 (USD MILLION)
    • TABLE 91 MINING MACHINERY MARKET, BY APPLICATION, 2018-2022 (USD MILLION)
    • TABLE 92 MINING MACHINERY MARKET, BY APPLICATION, 2023-2030 (USD MILLION)
  • 8.2 COAL
    • 8.2.1 INCREASING ENERGY DEMAND TO DRIVE MARKET
    • TABLE 93 COAL MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 94 COAL MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 8.3 METAL
    • 8.3.1 UPSURGE IN DEMAND FOR METALS FOR VARIED APPLICATIONS TO DRIVE MARKET
    • TABLE 95 METAL MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 96 METAL MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 8.4 MINERAL
    • 8.4.1 USE OF AUTOMATION TECHNOLOGY TO DRIVE MARKET
    • TABLE 97 MINERAL MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 98 MINERAL MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)

9 MINING MACHINERY MARKET, BY POWER OUTPUT

  • 9.1 INTRODUCTION
    • 9.1.1 INDUSTRY INSIGHTS
    • FIGURE 31 MINING MACHINERY MARKET, BY POWER OUTPUT, 2023 VS. 2030 (USD MILLION)
    • TABLE 99 MINING MACHINERY MARKET, BY POWER OUTPUT, 2018-2022 (UNITS)
    • TABLE 100 MINING MACHINERY MARKET, BY POWER OUTPUT, 2023-2030 (UNITS)
    • TABLE 101 MINING MACHINERY MARKET, BY POWER OUTPUT, 2018-2022 (USD MILLION)
    • TABLE 102 MINING MACHINERY MARKET, BY POWER OUTPUT, 2023-2030 (USD MILLION)
  • 9.2 <500 HP
    • 9.2.1 LIGHT-DUTY TASKS IN MINING OPERATIONS TO DRIVE MARKET
    • TABLE 103 <500 HP MINING MACHINERY MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 104 <500 HP MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 105 <500 HP MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 106 <500 HP MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 9.3 500-2,000 HP
    • 9.3.1 VERSATILE OPERATING NATURE ON MINING FIELDS TO DRIVE MARKET
    • TABLE 107 500-2,000 HP MINING MACHINERY MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 108 500-2,000 HP MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 109 500-2,000 HP MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 110 500-2,000 HP MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 9.4 >2,000 HP
    • 9.4.1 DEMAND FOR HIGH-POWER MACHINES FOR HEAVY MINING OPERATIONS TO DRIVE MARKET
    • TABLE 111 >2,000 HP MINING MACHINERY MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 112 >2,000 HP MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 113 >2,000 HP MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 114 >2,000 HP MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)

10 MINING MACHINERY MARKET, BY PROPULSION

  • 10.1 INTRODUCTION
    • 10.1.1 INDUSTRY INSIGHTS
    • FIGURE 32 MINING MACHINERY MARKET, BY PROPULSION, 2023 VS. 2030 (USD MILLION)
    • TABLE 115 MINING MACHINERY MARKET, BY PROPULSION, 2018-2022 (UNITS)
    • TABLE 116 MINING MACHINERY MARKET, BY PROPULSION, 2023-2030 (UNITS)
    • TABLE 117 MINING MACHINERY MARKET, BY PROPULSION, 2018-2022 (USD MILLION)
    • TABLE 118 MINING MACHINERY MARKET, BY PROPULSION, 2023-2030 (USD MILLION)
  • 10.2 DIESEL
    • 10.2.1 DEMAND FOR HIGH TORQUE TO DRIVE MARKET
    • TABLE 119 DIESEL-PROPELLED MINING MACHINERY MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 120 DIESEL-PROPELLED MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 121 DIESEL-PROPELLED MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 122 DIESEL-PROPELLED MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 10.3 CNG/LNG/RNG
    • 10.3.1 DEMAND FOR ALTERNATE FUELS TO DRIVE MARKET
    • TABLE 123 CNG/LNG/RNG-PROPELLED MINING MACHINERY MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 124 CNG/LNG/RNG-PROPELLED MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 125 CNG/LNG/RNG-PROPELLED MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 126 CNG/LNG/RNG-PROPELLED MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)

11 ELECTRIC & HYBRID MINING MACHINERY MARKET, BY TYPE

  • 11.1 INTRODUCTION
    • 11.1.1 INDUSTRY INSIGHTS
    • FIGURE 33 ELECTRIC & HYBRID MINING MACHINERY MARKET, BY TYPE, 2023 VS. 2030 (USD MILLION)
    • TABLE 127 ELECTRIC & HYBRID MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 128 ELECTRIC & HYBRID MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 129 ELECTRIC & HYBRID MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 130 ELECTRIC & HYBRID MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • TABLE 131 OEM-WISE LIST OF ELECTRIC & HYBRID MINING MACHINERY WITH PROPULSION NATURE
  • 11.2 ELECTRIC & HYBRID MINING TRUCKS
    • 11.2.1 ENVIRONMENTAL SUSTAINABILITY TO DRIVE MARKET
    • TABLE 132 ELECTRIC & HYBRID MINING TRUCKS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 133 ELECTRIC & HYBRID MINING TRUCKS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 134 ELECTRIC & HYBRID MINING TRUCKS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 135 ELECTRIC & HYBRID MINING TRUCKS MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 11.3 ELECTRIC & HYBRID LOAD-HAUL-DUMP (LHD) LOADERS
    • 11.3.1 REDUCTION IN NOISE POLLUTION IN UNDERGROUND MINES TO DRIVE MARKET
    • TABLE 136 ELECTRIC & HYBRID LOAD-HAUL-DUMP (LHD) LOADERS MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 137 ELECTRIC & HYBRID LOAD-HAUL-DUMP (LHD) LOADERS MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 138 ELECTRIC & HYBRID LOAD-HAUL-DUMP (LHD) LOADERS MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 139 ELECTRIC & HYBRID LOAD-HAUL-DUMP (LHD) LOADERS MARKET, BY REGION, 2023-2030 (USD MILLION)

12 ELECTRIC MINING MACHINERY MARKET, BY BATTERY CHEMISTRY

  • 12.1 INTRODUCTION
    • TABLE 140 LIST OF ELECTRIC MINING MACHINERY WITH BATTERY CHEMISTRY TYPE
    • 12.1.1 INDUSTRY INSIGHTS
    • FIGURE 34 ELECTRIC MINING MACHINERY MARKET, BY BATTERY CHEMISTRY, 2023 VS. 2030 (USD MILLION)
    • TABLE 141 ELECTRIC MINING MACHINERY MARKET, BY BATTERY CHEMISTRY, 2018-2022 (UNITS)
    • TABLE 142 ELECTRIC MINING MACHINERY MARKET, BY BATTERY CHEMISTRY, 2023-2030 (UNITS)
    • TABLE 143 ELECTRIC MINING MACHINERY MARKET, BY BATTERY CHEMISTRY, 2018-2022 (USD MILLION)
    • TABLE 144 ELECTRIC MINING MACHINERY MARKET, BY BATTERY CHEMISTRY, 2023-2030 (USD MILLION)
  • 12.2 LITHIUM IRON PHOSPHATE (LFP)
    • 12.2.1 LOW MANUFACTURING COST TO DRIVE MARKET
    • TABLE 145 LITHIUM IRON PHOSPHATE (LFP): ELECTRIC MINING MACHINERY MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 146 LITHIUM IRON PHOSPHATE (LFP): ELECTRIC MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 147 LITHIUM IRON PHOSPHATE (LFP): ELECTRIC MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 148 LITHIUM IRON PHOSPHATE (LFP): ELECTRIC MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 12.3 LITHIUM NICKEL MANGANESE COBALT (NMC)
    • 12.3.1 HIGHER ENERGY DENSITY TO DRIVE MARKET
    • TABLE 149 LITHIUM NICKEL MANGANESE COBALT (NMC): ELECTRIC MINING MACHINERY MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 150 LITHIUM NICKEL MANGANESE COBALT (NMC): ELECTRIC MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 151 LITHIUM NICKEL MANGANESE COBALT (NMC): ELECTRIC MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 152 LITHIUM NICKEL MANGANESE COBALT (NMC): ELECTRIC MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 12.4 OTHERS
    • TABLE 153 OTHERS: ELECTRIC MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 154 OTHERS: ELECTRIC MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)

13 AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY

  • 13.1 INTRODUCTION
    • 13.1.1 INDUSTRY INSIGHTS
    • FIGURE 35 AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY, 2023 VS. 2030 (USD MILLION)
    • TABLE 155 AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY, 2018-2022 (UNITS)
    • TABLE 156 AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY, 2023-2030 (UNITS)
    • TABLE 157 AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY, 2018-2022 (USD MILLION)
    • TABLE 158 AUTONOMOUS MINING MACHINERY MARKET, BY MINING CATEGORY, 2023-2030 (USD MILLION)
  • 13.2 SURFACE MINING
    • 13.2.1 REPETITIVE SURFACE MINING OPERATIONS TO DRIVE MARKET
    • TABLE 159 AUTONOMOUS SURFACE MINING MACHINERY MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 160 AUTONOMOUS SURFACE MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 161 AUTONOMOUS SURFACE MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 162 AUTONOMOUS SURFACE MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 13.3 UNDERGROUND MINING
    • 13.3.1 HIGH SAFETY REQUIREMENTS IN UNDERGROUND MINING OPERATIONS TO DRIVE MARKET
    • TABLE 163 AUTONOMOUS UNDERGROUND MINING MACHINERY MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 164 AUTONOMOUS UNDERGROUND MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 165 AUTONOMOUS UNDERGROUND MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 166 AUTONOMOUS UNDERGROUND MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)

14 MINING MACHINERY MARKET, BY REGION

  • 14.1 INTRODUCTION
    • 14.1.1 INDUSTRY INSIGHTS
    • FIGURE 36 MINING MACHINERY MARKET, BY REGION, 2023 VS. 2030 (USD MILLION)
    • TABLE 167 MINING MACHINERY MARKET, BY REGION, 2018-2022 (UNITS)
    • TABLE 168 MINING MACHINERY MARKET, BY REGION, 2023-2030 (UNITS)
    • TABLE 169 MINING MACHINERY MARKET, BY REGION, 2018-2022 (USD MILLION)
    • TABLE 170 MINING MACHINERY MARKET, BY REGION, 2023-2030 (USD MILLION)
  • 14.2 ASIA OCEANIA
    • 14.2.1 RECESSION IMPACT ANALYSIS
    • FIGURE 37 ASIA OCEANIA: MINING MACHINERY MARKET SNAPSHOT
    • TABLE 171 ASIA OCEANIA: MINING MACHINERY MARKET, BY COUNTRY, 2018-2022 (UNITS)
    • TABLE 172 ASIA OCEANIA: MINING MACHINERY MARKET, BY COUNTRY, 2023-2030 (UNITS)
    • TABLE 173 ASIA OCEANIA: MINING MACHINERY MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 174 ASIA OCEANIA: MINING MACHINERY MARKET, BY COUNTRY, 2023-2030 (USD MILLION)
    • 14.2.2 CHINA
      • 14.2.2.1 Abundance of mineral reserves to drive market
    • TABLE 175 CHINA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 176 CHINA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 177 CHINA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 178 CHINA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.2.3 INDIA
      • 14.2.3.1 Underground mining machinery to drive market
    • TABLE 179 INDIA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 180 INDIA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 181 INDIA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 182 INDIA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.2.4 JAPAN
      • 14.2.4.1 High reserves of gold and silver to drive market
    • TABLE 183 JAPAN: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 184 JAPAN: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 185 JAPAN: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 186 JAPAN: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.2.5 INDONESIA
      • 14.2.5.1 Rising contribution of mining industry to GDP to drive market
    • TABLE 187 INDONESIA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 188 INDONESIA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 189 INDONESIA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 190 INDONESIA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.2.6 AUSTRALIA
      • 14.2.6.1 Crawler excavator segment to drive market
    • TABLE 191 AUSTRALIA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 192 AUSTRALIA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 193 AUSTRALIA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 194 AUSTRALIA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
  • 14.3 EUROPE
    • 14.3.1 RECESSION IMPACT ANALYSIS
    • FIGURE 38 EUROPE MINING MACHINERY MARKET, BY COUNTRY, 2023 VS. 2030 (USD MILLION)
    • TABLE 195 EUROPE: MINING MACHINERY MARKET, BY COUNTRY, 2018-2022 (UNITS)
    • TABLE 196 EUROPE: MINING MACHINERY MARKET, BY COUNTRY, 2023-2030 (UNITS)
    • TABLE 197 EUROPE: MINING MACHINERY MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 198 EUROPE: MINING MACHINERY MARKET, BY COUNTRY, 2023-2030 (USD MILLION)
    • 14.3.2 FRANCE
      • 14.3.2.1 Large reserves of coal and uranium to drive market
    • TABLE 199 FRANCE: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 200 FRANCE: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 201 FRANCE: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 202 FRANCE: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.3.3 GERMANY
      • 14.3.3.1 Rise in demand for mining drills to drive market
    • TABLE 203 GERMANY: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 204 GERMANY: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 205 GERMANY: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 206 GERMANY: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.3.4 ITALY
      • 14.3.4.1 Growing underground mining activities to drive market
    • TABLE 207 ITALY: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 208 ITALY: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 209 ITALY: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 210 ITALY: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.3.5 SPAIN
      • 14.3.5.1 Tedious mining process to extract tungsten to drive market
    • TABLE 211 SPAIN: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 212 SPAIN: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 213 SPAIN: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 214 SPAIN: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.3.6 UK
      • 14.3.6.1 Rise in demand for extraction of non-ferrous minerals to drive market
    • TABLE 215 UK: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 216 UK: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 217 UK: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 218 UK: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.3.7 RUSSIA
      • 14.3.7.1 Wide range of mineral reserves to drive market
    • TABLE 219 RUSSIA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 220 RUSSIA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 221 RUSSIA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 222 RUSSIA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.3.8 REST OF EUROPE
  • 14.4 NORTH AMERICA
    • 14.4.1 RECESSION IMPACT ANALYSIS
    • FIGURE 39 NORTH AMERICA: MINING MACHINERY MARKET SNAPSHOT
    • TABLE 223 NORTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY, 2018-2022 (UNITS)
    • TABLE 224 NORTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY, 2023-2030 (UNITS)
    • TABLE 225 NORTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 226 NORTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY, 2023-2030 (USD MILLION)
    • 14.4.2 CANADA
      • 14.4.2.1 Growing demand for rare elements such as lithium to drive market
    • TABLE 227 CANADA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 228 CANADA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 229 CANADA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 230 CANADA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.4.3 MEXICO
      • 14.4.3.1 Rise in demand for precious metals and minerals such as silver to drive market
    • TABLE 231 MEXICO: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 232 MEXICO: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 233 MEXICO: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 234 MEXICO: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.4.4 US
      • 14.4.4.1 Rise in safety requirements to drive market
    • TABLE 235 US: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 236 US: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 237 US: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 238 US: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
  • 14.5 SOUTH AMERICA
    • 14.5.1 RECESSION IMPACT ANALYSIS
    • FIGURE 40 SOUTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY, 2023 VS. 2030 (USD MILLION)
    • TABLE 239 SOUTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY, 2018-2022 (UNITS)
    • TABLE 240 SOUTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY, 2023-2030 (UNITS)
    • TABLE 241 SOUTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 242 SOUTH AMERICA: MINING MACHINERY MARKET, BY COUNTRY, 2023-2030 (USD MILLION)
    • 14.5.2 BRAZIL
      • 14.5.2.1 Rise in iron ore extraction activities from mines to drive market
    • TABLE 243 BRAZIL: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 244 BRAZIL: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 245 BRAZIL: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 246 BRAZIL: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.5.3 CHILE
      • 14.5.3.1 Government support to mining activities to drive market
    • TABLE 247 CHILE: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 248 CHILE: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 249 CHILE: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 250 CHILE: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.5.4 PERU
      • 14.5.4.1 Rise in mining projects to drive market
    • TABLE 251 PERU: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 252 PERU: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 253 PERU: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 254 PERU: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.5.5 ARGENTINA
      • 14.5.5.1 Lithium reserves in Argentina to drive market
    • TABLE 255 ARGENTINA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 256 ARGENTINA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 257 ARGENTINA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 258 ARGENTINA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.5.6 REST OF SOUTH AMERICA
  • 14.6 MIDDLE EAST & AFRICA
    • 14.6.1 RECESSION IMPACT ANALYSIS
    • FIGURE 41 MIDDLE EAST & AFRICA: MINING MACHINERY MARKET, BY COUNTRY, 2023 VS. 2030 (USD MILLION)
    • TABLE 259 MIDDLE EAST & AFRICA: MINING MACHINERY MARKET, BY COUNTRY, 2018-2022 (UNITS)
    • TABLE 260 MIDDLE EAST & AFRICA: MINING MACHINERY MARKET, BY COUNTRY, 2023-2030 (UNITS)
    • TABLE 261 MIDDLE EAST & AFRICA: MINING MACHINERY MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
    • TABLE 262 MIDDLE EAST & AFRICA: MINING MACHINERY MARKET, BY COUNTRY, 2023-2030 (USD MILLION)
    • 14.6.2 SOUTH AFRICA
      • 14.6.2.1 Untapped mining sites to drive market
    • TABLE 263 SOUTH AFRICA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 264 SOUTH AFRICA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 265 SOUTH AFRICA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 266 SOUTH AFRICA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.6.3 SAUDI ARABIA
      • 14.6.3.1 Rise in demand for rare metals and minerals to drive market
    • TABLE 267 SAUDI ARABIA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (UNITS)
    • TABLE 268 SAUDI ARABIA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (UNITS)
    • TABLE 269 SAUDI ARABIA: MINING MACHINERY MARKET, BY TYPE, 2018-2022 (USD MILLION)
    • TABLE 270 SAUDI ARABIA: MINING MACHINERY MARKET, BY TYPE, 2023-2030 (USD MILLION)
    • 14.6.4 REST OF MIDDLE EAST & AFRICA

15 COMPETITIVE LANDSCAPE

  • 15.1 OVERVIEW
  • 15.2 MARKET SHARE ANALYSIS
    • FIGURE 42 MARKET RANKING OF KEY PLAYERS, 2022
  • 15.3 REVENUE ANALYSIS
    • FIGURE 43 REVENUE ANALYSIS OF KEY PLAYERS, 2022
  • 15.4 COMPANY EVALUATION MATRIX
    • 15.4.1 TERMINOLOGY
    • 15.4.2 STARS
    • 15.4.3 PERVASIVE PLAYERS
    • 15.4.4 EMERGING LEADERS
    • 15.4.5 PARTICIPANTS
    • FIGURE 44 MINING MACHINERY MARKET: COMPANY EVALUATION MATRIX, 2022
  • 15.5 COMPETITIVE BENCHMARKING
    • TABLE 271 MINING MACHINERY MARKET: KEY PLAYERS
    • TABLE 272 MINING MACHINERY MARKET: KEY PLAYERS (SMES)
  • 15.6 COMPETITIVE SCENARIO
    • 15.6.1 PRODUCT LAUNCHES
    • TABLE 273 PRODUCT LAUNCHES, 2022-2023
    • 15.6.2 DEALS
    • TABLE 274 DEALS, 2022-2023
    • 15.6.3 OTHERS
    • TABLE 275 OTHERS, 2022-2023
  • 15.7 KEY PLAYERS' STRATEGIES/RIGHT TO WIN
    • TABLE 276 COMPANIES ADOPTED PRODUCT LAUNCH AS KEY GROWTH STRATEGY, 2022-2023

16 COMPANY PROFILES

  • 16.1 KEY PLAYERS
    • 16.1.1 CATERPILLAR INC
    • TABLE 277 CATERPILLAR INC: COMPANY OVERVIEW
    • FIGURE 45 CATERPILLAR INC: COMPANY SNAPSHOT
    • TABLE 278 CATERPILLAR INC: PRODUCTS OFFERED
    • TABLE 279 CATERPILLAR INC: PRODUCT LAUNCHES
    • TABLE 280 CATERPILLAR INC: DEALS
    • 16.1.2 KOMATSU LTD
    • TABLE 281 KOMATSU LTD: COMPANY OVERVIEW
    • FIGURE 46 KOMATSU LTD: COMPANY SNAPSHOT
    • TABLE 282 KOMATSU LTD: PRODUCTS OFFERED
    • TABLE 283 KOMATSU LTD: PRODUCT LAUNCHES
    • TABLE 284 KOMATSU LTD: DEALS
    • 16.1.3 SANDVIK AB
    • TABLE 285 SANDVIK AB: COMPANY OVERVIEW
    • FIGURE 47 SANDVIK AB: COMPANY SNAPSHOT
    • TABLE 286 SANDVIK AB: PRODUCTS OFFERED
    • TABLE 287 SANDVIK AB: PRODUCT LAUNCHES
    • TABLE 288 SANDVIK AB: DEALS
    • TABLE 289 SANDVIK AB: OTHERS
    • 16.1.4 EPIROC AB
    • TABLE 290 EPIROC AB: COMPANY OVERVIEW
    • FIGURE 48 EPIROC AB: COMPANY SNAPSHOT
    • TABLE 291 EPIROC AB: PRODUCTS OFFERED
    • TABLE 292 EPIROC AB: PRODUCT LAUNCHES
    • TABLE 293 EPIROC AB: DEALS
    • TABLE 294 EPIROC AB: OTHERS
    • 16.1.5 LIEBHERR
    • TABLE 295 LIEBHERR: COMPANY OVERVIEW
    • FIGURE 49 LIEBHERR: COMPANY SNAPSHOT
    • TABLE 296 LIEBHERR: PRODUCTS OFFERED
    • TABLE 297 LIEBHERR: PRODUCT LAUNCHES
    • TABLE 298 LIEBHERR: DEALS
    • 16.1.6 HITACHI CONSTRUCTION MACHINERY CO., LTD.
    • TABLE 299 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW
    • FIGURE 50 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT
    • TABLE 300 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED
    • TABLE 301 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCT LAUNCHES
    • TABLE 302 HITACHI CONSTRUCTION MACHINERY CO., LTD.: DEALS
    • TABLE 303 HITACHI CONSTRUCTION MACHINERY CO., LTD.: OTHERS
    • 16.1.7 DOOSAN ENERBILITY
    • TABLE 304 DOOSAN ENERBILITY: COMPANY OVERVIEW
    • FIGURE 51 DOOSAN ENERBILITY: COMPANY SNAPSHOT
    • TABLE 305 DOOSAN ENERBILITY: PRODUCTS OFFERED
    • TABLE 306 DOOSAN ENERBILITY: PRODUCT LAUNCHES
    • TABLE 307 DOOSAN ENERBILITY: DEALS
    • 16.1.8 AB VOLVO
    • TABLE 308 AB VOLVO: COMPANY OVERVIEW
    • FIGURE 52 AB VOLVO: COMPANY SNAPSHOT
    • TABLE 309 AB VOLVO: PRODUCTS OFFERED
    • TABLE 310 AB VOLVO: PRODUCT LAUNCHES
    • TABLE 311 AB VOLVO: DEALS
    • TABLE 312 AB VOLVO: OTHERS
    • 16.1.9 SANY GROUP
    • TABLE 313 SANY GROUP: COMPANY OVERVIEW
    • FIGURE 53 SANY GROUP: COMPANY SNAPSHOT
    • TABLE 314 SANY GROUP: PRODUCTS OFFERED
    • TABLE 315 SANY GROUP: PRODUCT LAUNCHES
    • TABLE 316 SANY GROUP: DEALS
    • TABLE 317 SANY GROUP: OTHERS
    • 16.1.10 JCB
    • TABLE 318 JCB: COMPANY OVERVIEW
    • TABLE 319 JCB: PRODUCTS OFFERED
    • TABLE 320 JCB: PRODUCT LAUNCHES
    • TABLE 321 JCB: OTHERS
  • 16.2 ADDITIONAL PLAYERS
    • 16.2.1 LIUGONG MACHINERY CO., LTD.
    • TABLE 322 LIUGONG MACHINERY CO., LTD.: COMPANY OVERVIEW
    • 16.2.2 KOBELCO CONSTRUCTION MACHINERY CO., LTD
    • TABLE 323 KOBELCO CONSTRUCTION MACHINERY CO., LTD: COMPANY OVERVIEW
    • 16.2.3 SUMITOMO HEAVY INDUSTRIES, LTD.
    • TABLE 324 SUMITOMO HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW
    • 16.2.4 XUZHOU CONSTRUCTION MACHINERY GROUP
    • TABLE 325 XUZHOU CONSTRUCTION MACHINERY GROUP: COMPANY OVERVIEW
    • 16.2.5 HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.
    • TABLE 326 HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: COMPANY OVERVIEW
    • 16.2.6 TEREX CORPORATION
    • TABLE 327 TEREX CORPORATION: COMPANY OVERVIEW
    • 16.2.7 BHARAT EARTH MOVERS LIMITED (BEML)
    • TABLE 328 BHARAT EARTH MOVERS LIMITED (BEML): COMPANY OVERVIEW
    • 16.2.8 ASTEC INDUSTRIES, INC.
    • TABLE 329 ASTEC INDUSTRIES, INC.: COMPANY OVERVIEW
    • 16.2.9 WIRTGEN GROUP
    • TABLE 330 WIRTGEN GROUP: COMPANY OVERVIEW
    • 16.2.10 MINE MASTER LTD.
    • TABLE 331 MINE MASTER LTD.: COMPANY OVERVIEW
    • 16.2.11 FIORI GROUP S.P.A
    • TABLE 332 FIORI GROUP S.P.A: COMPANY OVERVIEW
    • 16.2.12 JSC "KOPEYSK MACHINE-BUILDING PLANT"
    • TABLE 333 JSC "KOPEYSK MACHINE-BUILDING PLANT": COMPANY OVERVIEW
    • 16.2.13 BELL EQUIPMENT
    • TABLE 334 BELL EQUIPMENT: COMPANY OVERVIEW
    • 16.2.14 AARD MINING EQUIPMENT
    • TABLE 335 AARD MINING EQUIPMENT: COMPANY OVERVIEW
    • 16.2.15 WACKER NEUSON SE
    • TABLE 336 WACKER NEUSON SE: COMPANY OVERVIEW
    • 16.2.16 BELAZ
    • TABLE 337 BELAZ: COMPANY OVERVIEW

17 APPENDIX

  • 17.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
  • 17.2 OTHER DEVELOPMENTS
    • 17.2.1 OTHER PRODUCT LAUNCHES
    • TABLE 338 OTHER PRODUCT LAUNCHES, 2019-2021
    • 17.2.2 OTHER DEALS
    • TABLE 339 OTHER DEALS, 2019-2021
    • 17.2.3 OTHER EXPANSIONS & SUPPLY CONTRACTS
    • TABLE 340 OTHER EXPANSIONS & SUPPLY CONTRACTS, 2019-2021
  • 17.3 DISCUSSION GUIDE
  • 17.4 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 17.5 CUSTOMIZATION OPTIONS
    • 17.5.1 AUTONOMOUS MINING MACHINERY MARKET, BY LEVEL OF AUTOMATION
      • 17.5.1.1 Semi-autonomous
      • 17.5.1.2 Fully-autonomous
    • 17.5.2 MINING MACHINERY MARKET, BY COUNTRY AND MACHINERY CATEGORY
      • 17.5.2.1 Crushing, pulverizing, and screening
      • 17.5.2.2 Mineral processing
  • 17.6 RELATED REPORTS
  • 17.7 AUTHOR DETAILS
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