Home / Mining, Minerals and Metals / Asia Pacific Underground Mining Equipment Market By Application (Coal, Minerals And Metal), By Type (Mining Scalers, Continuous Miners, LHD (Load, Haul And Dump), Underground Trucks, Underground Mining Drills, Personnel Carrier, Scissor Lift, Shotcreter, Transmixers) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Asia Pacific Underground Mining Equipment Market By Application (Coal, Minerals And Metal), By Type (Mining Scalers, Continuous Miners, LHD (Load, Haul And Dump), Underground Trucks, Underground Mining Drills, Personnel Carrier, Scissor Lift, Shotcreter, Transmixers) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Published: Mar 2017 | Report Code: 58363-03-17

The demand for underground mining equipment market in Asia Pacific is greatly influenced by depleting surface mineral reserves and increasing number of mining activities in countries including China, Australia and India. According to a recent study released by the United Nations Environment Programme (UNEP), China represents the world’s biggest consumer of primary materials including minerals and metal ores. By 2013, China had also become the world’s leading producer of over 20 metals and minerals, including aluminum, coal, cement, iron and steel, graphite, gold, lead, magnesium, rare earths, and zinc. For most other mineral commodities, the country ranks amongst the top three producers. The country’s per capita consumption of minerals and metal ores was also over 150% of the world average in 2015, which was a result of mammoth investment in public infrastructure and manufacturing sector. The metal and mineral resources that have fed this growth have come majorly from domestic underground reserves, thereby indicating rise in underground mining activities in the country.  

This market research study includes comprehensive analysis of market drivers and inhibiting factors related to underground mining equipment industry in Asia Pacific. The research report also includes current and future market trends in the Asia Pacific as well as regional underground mining equipment market. The report also includes exhaustive information of technology development, pricing and demand-supply trends related to underground mining equipment. The report also covers high level analysis included in the report such as industry competitive assessment, value chain analysis, impact analysis and attractive analysis helps market players and trade partners across the value chain to identify key opportunities in the industry and formulate their strategies. .

Moreover, the study include provides market estimates and forecast of different type of underground mining equipment and its market size in terms of both volume (number of units sold) and revenue (US$ Bn). The underground equipment market is classified into its equipment type and applications and estimates and forecast is provided for each of this segment. The report also includes cross sectional analysis of major counties in the region i.e. China market size by equipment type and application. This study includes market historical market size (2013 & 2014), market estimate (2015) and forecast for the period 2016 – 2023 in terms of volume and revenue. The report also includes market estimates and forecast of underground mining equipment market for major countries.

The report includes profiles of major players in the Asia Pacific underground mining equipment industry. Company profiles include detailed information about business strategies, product portfolio, recent developments and regional positioning of these manufacturers. The report also provides in-depth analysis about market competition and positioning of key market players along with their market winning strategies.

The Asia Pacific underground mining equipment market is classified into following categories:

  • By Equipment Type
    • Mining scalers
    • Continuous miners
    • LHD (Load, Haul and Dump)
    • Underground trucks
    • Underground mining drills
    • Personnel carrier
    • Scissor lift
    • Shotcreter
    • Transmixers
  • By Application
    • Coal
    • Metal
    • Minerals
  • By Country
    • China
    • Australia
    • India
    • Indonesia
    • Thailand
    • Vietnam
    • Malaysia
    • Myanmar
    • Philippines
    • Rest of Asia Pacific

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Methodology
1.2.1 Phase I – Secondary Research
1.2.2 Phase II – Primary Research
1.2.3 Phase III – Expert Panel Review
1.2.4 Assumptions
1.2.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Underground Mining Equipment Market
2.2 Asia Pacific Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023, (US$ Bn)
2.3 Asia Pacific Underground Mining Equipment Market Revenue, By Application, 2013 – 2023, (US$ Bn)

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Asia Pacific Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
3.2 Key Trends and Future Prospects
3.2.1 Key Operational And Regulatory Challenges
3.2.2 Environmental Regulations to Tighten
3.2.3 Australia to Lead Mining Technology Boom
3.3 Market Drivers
3.3.1 Increasing Underground Mining Activities In China and Australia
3.3.2 Technology Advancements Driving Market Growth
3.4 Market Growth Inhibitors
3.4.1 Cyclic Nature of the Mining Industry
3.4.2 High Purchase Cost and Limited Inflow of FDI in the Mining Sectors
3.5 See-Saw Analysis
3.5.1 See-Saw Analysis: Asia Pacific Underground Mining Equipment Market
3.5.2 Impact Analysis of Drivers and Restraints
3.6 Value Chain Analysis
3.7 Market Penetration Scenario

Chapter 4 Underground Mining Equipment Market Analysis, by Equipment Type
4.1 Market Analysis
4.1.1 Asia Pacific Underground Mining Equipment Market Revenue Share, By Equipment, 2015& 2023(Revenue Share %)
4.2 Mining Scalers
4.2.1 Asia Pacific Underground Mining Scalers Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
4.3 Continuous Miners
4.3.1 Asia Pacific Underground Continuous Miners Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
4.4 Load, Haul, Dump (LHD)
4.4.1 Asia Pacific Underground LHD Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
4.5 Underground Trucks
4.5.1 Asia Pacific Underground Mining Trucks Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
4.6 Underground Mining Drills
4.6.1 Asia Pacific Underground Mining Drills Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
4.7 Personal Carrier
4.7.1 Asia Pacific Underground Mining Personal Carrier Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
4.8 Scissor Lift
4.8.1 Asia Pacific Underground Mining Scissor Lift Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
4.9 Scooptram
4.9.1 Asia Pacific Underground Mining Scooptram Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
4.10 Shotcreter
4.10.1 Asia Pacific Underground Mining Shotcreter Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
4.11 Transmixers
4.11.1 Asia Pacific Underground Mining Transmixers Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
4.12 Other Equipment (Shuttle Car, etc.)
4.12.1 Asia Pacific Other Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)

Chapter 5 Underground Mining Equipment Market Analysis, by Application
5.1 Overview
5.1.1 Asia Pacific Underground Mining Equipment Market Revenue Share, By Application, 2015& 2023(Revenue Share %)
5.2 Coal Mining
5.2.1 Asia Pacific Underground Coal Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
5.3 Metal Mining
5.3.1 Asia Pacific Underground Metal Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
5.4 Mineral Mining
5.4.1 Asia Pacific Underground Mineral Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)

Chapter 6 Asia Pacific Underground Mining Equipment Market Analysis, By Country
6.1 China
6.1.1 China Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
6.1.2 China Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
6.1.3 China Underground Mining Equipment Market Analysis, By Type, 2013 – 2023 (US$ Bn) (Units)
6.2 Australia
6.2.1 Australia Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
6.2.2 Australia Underground Mining Equipment Market Analysis, By Type, 2013 – 2023 (US$ Bn) (Units)
6.3 India
6.3.1 India Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units
6.3.2 India Underground Mining Equipment Market Analysis, By Type, 2013 – 2023 (US$ Bn) (Units)
6.4 Indonesia
6.4.1 Indonesia Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units
6.4.2 Indonesia Underground Mining Equipment Market Analysis, By Type, 2013 – 2023 (US$ Bn) (Units)
6.5 Thailand
6.5.1 Thailand Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
6.5.2 Thailand Underground Mining Equipment Market Analysis, By Type, 2013 – 2023 (US$ Bn) (Units)
6.6 Vietnam
6.6.1 Vietnam Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
6.6.2 Vietnam Underground Mining Equipment Market Analysis, By Type, 2013 – 2023 (US$ Bn) (Units)
6.7 Malaysia
6.7.1 Malaysia Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
6.7.2 Malaysia Underground Mining Equipment Market Analysis, By Type, 2013 – 2023 (US$ Bn) (Units)
6.8 Myanmar
6.8.1 Myanmar Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
6.8.2 Myanmar Underground Mining Equipment Market Analysis, By Type, 2013 – 2023 (US$ Bn) (Units)
6.9 Philippines
6.9.1 Philippines Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
6.9.2 Philippines Underground Mining Equipment Market Analysis, By Type, 2013 – 2023 (US$ Bn) (Units)
6.10 Rest of Asia Pacific
6.10.1 Rest of Asia Pacific Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
6.10.2 Rest of Asia Pacific Underground Mining Equipment Market Analysis, By Type, 2013 – 2023 (US$ Bn) (Units)

Chapter 7 Company Profiles
7.1 Atlas Copco AB
7.1.1 Atlas Copco AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.2 Caterpillar Inc.
7.2.1 Caterpillar Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.3 Hitachi Construction Machinery Co. Ltd.
7.3.1 Hitachi Construction Machinery Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.4 Joy Global Inc.
7.4.1 Joy Global Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.5 Volvo Construction Equipment
7.5.1 Volvo Construction Equipment: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.6 Komatsu Limited
7.6.1 Komatsu Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
7.7 Metso Corporation
7.7.1 Metso Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.8 JCB Ltd.
7.8.1 JCB Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.9 Sandvik AB
7.9.1 Sandvik AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.10 Zhengzhou Coal Mining Machinery Group Co. Limited
7.10.1 Zhengzhou Coal Mining Machinery Group Co. Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.11 China National Coal Mining Equipment Co. Ltd.
7.11.1 China National Coal Mining Equipment Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.12 Boart Longyear Ltd.
7.12.1 Boart Longyear Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
7.13 Atlas Copco AB
7.13.1 Atlas Copco AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)

Chapter 8 Brand Share Analysis of Underground Mining Equipment by Country
8.1 China Underground Mining Equipment Leading Market Players by Equipment, 2015
8.2 India Underground Mining Equipment Leading Market Players by Equipment, 2015
8.3 Australasia Underground Mining Equipment Leading Market Players by Equipment, 2015
8.4 Vietnam Underground Mining Equipment Leading Market Players by Equipment, 2015
8.5 Philippine Underground Mining Equipment Leading Market Players by Equipment, 2015
8.6 Myanmar Underground Mining Equipment Leading Market Players by Equipment, 2015
8.7 Indonesia Underground Mining Equipment Leading Market Players by Equipment, 2015
8.8 Malaysia Underground Mining Equipment Leading Market Players by Equipment, 2015
8.9 Thailand Underground Mining Equipment Leading Market Players by Equipment, 2015

List Of Table :

TABLE 1 Market Snapshot: Global Underground Mining Equipment Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 China Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 5 China Underground Mining Equipment Market Volume, By Application, 2013 – 2023 (Units)
TABLE 6 China Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023 (US$ Bn)
TABLE 7 China Underground Mining Equipment Market Volume, By Equipment Type, 2013 – 2023 (Units)
TABLE 8 Australia Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 9 Australia Underground Mining Equipment Market Volume, By Application, 2013 – 2023 (Units)
TABLE 10 Australia Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023 (US$ Bn)
TABLE 11 Australia Underground Mining Equipment Market Volume, By Equipment Type, 2013 – 2023 (Units)
TABLE 12 India Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 13 India Underground Mining Equipment Market Volume, By Application, 2013 – 2023 (Units)
TABLE 14 India Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023 (US$ Bn)
TABLE 15 India Underground Mining Equipment Market Volume, By Equipment Type, 2013 – 2023 (Units)
TABLE 16 Indonesia Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 17 Indonesia Underground Mining Equipment Market Volume, By Application, 2013 – 2023 (Units)
TABLE 18 Indonesia Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023 (US$ Bn)
TABLE 19 Indonesia Underground Mining Equipment Market Volume, By Equipment Type, 2013 – 2023 (Units)
TABLE 20 Thailand Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 21 Thailand Underground Mining Equipment Market Volume, By Application, 2013 – 2023 (Units)
TABLE 22 Thailand Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023 (US$ Bn)
TABLE 23 Thailand Underground Mining Equipment Market Volume, By Equipment Type, 2013 – 2023 (Units)
TABLE 24 Vietnam Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 25 Vietnam Underground Mining Equipment Market Volume, By Application, 2013 – 2023 (Units)
TABLE 26 Vietnam Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023 (US$ Bn)
TABLE 27 Vietnam Underground Mining Equipment Market Volume, By Equipment Type, 2013 – 2023 (Units)
TABLE 28 Malaysia Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 29 Malaysia Underground Mining Equipment Market Volume, By Application, 2013 – 2023 (Units)
TABLE 30 Malaysia Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023 (US$ Bn)
TABLE 31 Malaysia Underground Mining Equipment Market Volume, By Equipment Type, 2013 – 2023 (Units)
TABLE 32 Myanmar Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 33 Myanmar Underground Mining Equipment Market Volume, By Application, 2013 – 2023 (Units)
TABLE 34 Myanmar Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023 (US$ Bn)
TABLE 35 Myanmar Underground Mining Equipment Market Volume, By Equipment Type, 2013 – 2023 (Units)
TABLE 36 Philippines Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 37 Philippines Underground Mining Equipment Market Volume, By Application, 2013 – 2023 (Units)
TABLE 38 Philippines Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023 (US$ Bn)
TABLE 39 Philippines Underground Mining Equipment Market Volume, By Equipment Type, 2013 – 2023 (Units)
TABLE 40 Rest of Asia Pacific Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 41 Rest of Asia Pacific Underground Mining Equipment Market Volume, By Application, 2013 – 2023 (Units)
TABLE 42 Rest of Asia Pacific Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023 (US$ Bn)
TABLE 43 Rest of Asia Pacific Underground Mining Equipment Market Volume, By Equipment Type, 2013 – 2023 (Units)
TABLE 44 Atlas Copco AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 45 Caterpillar Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 46 Hitachi Construction Machinery Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 47 Joy Global Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 48 Volvo Construction Equipment: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 49 Komatsu Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 50 Metso Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 51 JCB Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 52 Sandvik AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 53 Zhengzhou Coal Mining Machinery Group Co. Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 54 China National Coal Mining Equipment Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 55 Boart Longyear Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 56 Atlas Copco AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Competitors, SCOT Analysis, Recent Developments)
TABLE 57 China Underground Mining Equipment Leading Market Players by Equipment, 2015
TABLE 58 India Underground Mining Equipment Leading Market Players by Equipment, 2015
TABLE 59 Australasia Underground Mining Equipment Leading Market Players by Equipment, 2015
TABLE 60 Vietnam Underground Mining Equipment Leading Market Players by Equipment, 2015
TABLE 61 Philippine Underground Mining Equipment Leading Market Players by Equipment, 2015
TABLE 62 Myanmar Underground Mining Equipment Leading Market Players by Equipment, 2015
TABLE 63 Indonesia Underground Mining Equipment Leading Market Players by Equipment, 2015
TABLE 64 Malaysia Underground Mining Equipment Leading Market Players by Equipment, 2015
TABLE 65 Thailand Underground Mining Equipment Leading Market Players by Equipment, 2015

List Of Figure :

FIG. 1 Asia Pacific Underground Mining Equipment Market: Research Methodology
FIG. 2 Top-Down and Bottom Up Approach
FIG. 3 Asia Pacific Underground Mining Equipment Market Revenue, By Equipment Type, 2013 – 2023, (US$ Bn)
FIG. 4 Asia Pacific Underground Mining Equipment Market Revenue, By Application2013 – 2023, (US$ Bn)
FIG. 5 Asia Pacific Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
FIG. 6 See-Saw Analysis: Asia Pacific Underground Mining Equipment Market
FIG. 7 Value Chain Analysis: Global Underground Mining Equipment Market
FIG. 8 Market Penetration Scenario: Asia Pacific Underground Mining Equipment
FIG. 9 Asia Pacific Underground Mining Equipment Market Revenue Share, By Equipment, 2015& 2023(Revenue Share %)
FIG. 10 Asia Pacific Underground Mining Scalers Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 11 Asia Pacific Underground Continuous Miners Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 12 Asia Pacific Underground LHD Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 13 Asia Pacific Underground Mining Trucks Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 14 Asia Pacific Underground Mining Drills Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 15 Asia Pacific Underground Mining Personal Carrier Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 16 Asia Pacific Underground Mining Scissor Lift Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 17 Asia Pacific Underground Mining Scooptram Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 18 Asia Pacific Underground Mining Shotcreter Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 19 Asia Pacific Underground Mining Transmixers Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 20 Asia Pacific Other Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 21 Asia Pacific Underground Mining Equipment Market Revenue Share, By Application, 2015& 2023(Revenue Share %)
FIG. 22 Asia Pacific Underground Coal Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 23 Asia Pacific Underground Metal Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 24 Asia Pacific Underground Mineral Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 25 China Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 26 Australia Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn and Units)
FIG. 27 India Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
FIG. 28 Indonesia Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
FIG. 29 Thailand Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
FIG. 30 Vietnam Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
FIG. 31 Malaysia Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
FIG. 32 Myanmar Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
FIG. 33 Philippines Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)
FIG. 34 Rest of Asia Pacific Underground Mining Equipment Market Revenue and Volume, 2013 – 2023, (US$ Bn) (Units)

On the basis of application, the Asia Pacific underground mining equipment market is classified into following categories:

  • Coal Mining
  • Metal Mining
  • Mineral Mining

Coal mining dominates the underground equipment market in Asia Pacific. The revenue share of the segment stood at 40.5% in the base year 2015. The trend shall prolong as the segment is presumed to hold on to its leading position by 2023. The growth in the segment is expected to be sustained by the regulated demand and consequent rise in coal production.

Coal remains one of the most important sources of energy in Asia. Thus, coal mining is crucial to energy production and safeguard long-term energy security of countries in the region. Increasing coal mining activities in Asia Pacific is a result of growing urbanization and resurgence in the manufacturing sector that uses coal as a source of energy. China, India, and Australia being major coal producers globally are expected to invest significant amount in advanced machinery to increase their production.

Asia Pacific Underground Mining Equipment Market

Based on equipment type, the underground mining equipment market in Asia Pacific is categorized into following key segments:

  • Mining scalers
  • Continuous miners
  • LHD (Load, Haul and Dump)
  • Underground trucks
  • Underground mining drills
  • Personnel carrier
  • Scissor lift
  • Shotcreter
  • Transmixers

In terms of revenue, continuous miner represented the largest product segment in the base year 2015. Mechanization of underground mining, especially in emerging Asia Pacific countries is expected to drive the demand for continuous miners that continuously load ore onto a conveyor while simultaneously extracting ore using a cutting steel drum.

However, LHDs outnumbered every other equipment variant in terms of unit shipments in the same year. Load, Haul and Dump trucks or LHDs that are highly rugged, designed to operate in extreme conditions and are expected to witness strong growth with increase in the number hard rock mines in Asia Pacific. The trend shall prolong as these segments would retain their leading position throughout the forecast period 2016 – 2023. Mining drillers that are requisite to drill a passage through the face of mines so as to facilitate further mining process are expected to witness the fastest growth in unit shipments, growing at a CAGR of 7.4% during the forecast period 2016 – 2023.

Asia Pacific Underground Mining Equipment Market

The Asia Pacific underground mining equipment market is classified into following countries and regions.

  • China
  • Australia
  • India
  • Indonesia
  • Thailand
  • Vietnam
  • Malaysia
  • Myanmar
  • Philippines
  • Rest of Asia Pacific

China represents the largest underground equipment market in Asia Pacific in terms of both revenue and unit shipments. The revenue and volume share of China stood at 61.7% and 61.6% respectively in the base year 2015. Given a long history of excellence in optimizing the mineral resource extraction with state-of-the-art equipment and implementing stringent environmental and safety regulations, Australia finds itself as one of the global leaders in sustainable underground mining. For instance, Cadia East Gold Mine, the largest underground mine in Australia has been opened for operation recently (2014). Thus, Australia’s mining sector is well developed with strong adoption of state-of-the-art equipment, large mineral reserves, and skilled personnel. The contribution of India in the Asia Pacific underground mining equipment has been inconsistent in the past few years. This is majorly due to inadequate infrastructure facilities and very low inflow of FDI in the mining sector. As a result, the potential of underground mining in the country is yet to be fully exploited.

Asia Pacific Underground Mining Equipment Market

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