Home / Mining, Minerals and Metals / Underground Mining Equipment Market By Application (Coal Mining, Metal Mining and Minerals Mining), By Mining Method (Longwall Extraction and Room and Pillar Extraction) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Underground Mining Equipment Market By Application (Coal Mining, Metal Mining and Minerals Mining), By Mining Method (Longwall Extraction and Room and Pillar Extraction) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Published: Aug 2016 | Report Code: 58070-08-16

Rising urbanization in major countries across the world and growing industrialization particularly in emerging economies is increasing the demand for metal and minerals. Increasing mining activities and improving economic conditions across the world are motivating miners to invest in advanced underground mining equipment to improve their productivity. In addition, stringent fuel consumption, greenhouse gas effects and labor safety regulations are forcing miners to replace their conventional machineries with advanced energy efficient solutions. All the above factors represent a positive outlook for trade partners across the value of underground mining machinery industry.  

This market research study includes comprehensive analysis of market influencing and inhibiting factors related to underground mining equipment industry. The research report also includes current and future market trends in the global 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, PESTEL analysis and attractive analysis helps market players and trade partners across the value chain to identify key potential area 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 applications and mining methods and estimates and forecast is provided for each of this segment. The report also includes cross sectional analysis on the regional basis i.e. regional market size by mining methods 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 global 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 global underground mining equipment market is classified into following categories:

  • By Mining Method
    • Longwall Extraction
    • Room and Pillar Extraction
  • By Application
    • Coal
    • Metal
    • Minerals
  • By Region
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • U.K.
      • Germany
      • France
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Australasia
      • Rest of Asia Pacific
    • Rest of the World
      • Latin America
      • Middle East and Africa

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 Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Underground Mining Equipment Market
2.2 Global Underground Mining Equipment Market, By Application
2.3 Global Underground Mining Equipment Market, By Mining Methods
2.4 Global Underground Mining Equipment Market, By Geography

Chapter 3 Market Dynamics
3.1 Application Insights and Market Overview
3.1.1 Global Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
3.2 Key Market Trends and Future Outlook
3.2.1 Evolution of Underground Mining Equipment Technology
3.2.2 Recent Trends
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 Opportunities
3.6 See-Saw Analysis
3.6.1 Impact Analysis of Drivers and Restraints
3.7 Value Chain Analysis
3.8 Market Penetration Scenario, 2015
3.9 Competitive Analysis
3.9.1 Market Positioning of Key Vendors
3.9.2 New Application Launches

Chapter 4 Underground Mining Equipment Market by Application
4.1 Market Analysis
4.2 Global Underground Mining Equipment Market for Coal Mining, Revenue and Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
4.3 Global Underground Mining Equipment Market for Metal Mining, Revenue and Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
4.4 Global Underground Mining Equipment Market for Mineral Mining, Revenue and Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
4.5 Global Underground Mining Grinding Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)

Chapter 5 Underground Mining Equipment Market by Mining Methods
5.1 Market Analysis
5.2 Global Underground Mining Equipment Market for Longwall Extraction Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
5.3 Global Underground Mining Equipment Market for Room and Pillar Mining Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
5.4 Global Underground Mining Equipment Market for Strip Mining Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)

Chapter 6 North America Underground Mining Equipment Market Analysis
6.1 North America Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
6.1.1 North America Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
6.1.2 North America Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
6.2 U.S. Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
6.2.1 U.S. Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
6.2.2 U.S. Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
6.3 Rest of North America Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
6.3.1 Rest of North America Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
6.3.2 Rest of North America Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)

Chapter 7 Europe Underground Mining Equipment Market Analysis
7.1 Europe Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
7.1.1 Europe Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
7.1.2 Europe Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
7.2 U.K. Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
7.2.1 U.K. Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
7.2.2 U.K. Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
7.3 Germany Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
7.3.1 Germany Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
7.3.2 Germany Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
7.4 France Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
7.4.1 France Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
7.4.2 France Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
7.5 Russia Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
7.5.1 Russia Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
7.5.2 Russia Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
7.6 Rest of Europe Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
7.6.1 Rest of Europe Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
7.6.2 Rest of Europe Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)

Chapter 8 Asia Pacific Underground Mining Equipment Market Analysis
8.1 Asia Pacific Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
8.1.1 Asia Pacific Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
8.1.2 Asia Pacific Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
8.2 Japan Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
8.2.1 Japan Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
8.2.2 Japan Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
8.3 China Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
8.3.1 China Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
8.3.2 China Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
8.4 India Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
8.4.1 India Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
8.4.2 India Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
8.5 Australasia Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
8.5.1 Australasia Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
8.5.2 Australasia Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
8.6 Rest of Asia Pacific Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
8.6.1 Rest of Asia Pacific Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
8.6.2 Rest of Asia Pacific Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)

Chapter 9 Rest of the World (RoW)Underground Mining Equipment Market Analysis
9.1 Rest of the World Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
9.1.1 Rest of the World Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
9.1.2 Rest of the World Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
9.2 Middle East and Africa Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
9.2.1 Middle East and Africa Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
9.2.2 Middle East and Africa Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)
9.3 Latin America Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
9.3.1 Latin America Underground Mining Equipment Market Analysis, By Application, 2013 – 2023 (US$ Bn and Thousand Units)
9.3.2 Latin America Underground Mining Equipment Market Analysis, By Mining Method, 2013 – 2023 (US$ Bn and Thousand Units)

Chapter 10 Company Profiles
10.1 Atlas Copco AB
10.1.1 Atlas Copco AB: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.2 Caterpillar Inc.
10.2.1 Caterpillar Inc: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.3 Hitachi Construction Machinery
10.3.1 Hitachi Construction Machinery: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.4 Joy Global Inc
10.4.1 Joy Global Inc: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.5 Volvo Construction Equipment
10.5.1 Volvo Construction Equipment: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.6 Komatsu Limited
10.6.1 Komatsu Limited: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.7 Metso
10.7.1 Metso: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.8 JCB Ltd.
10.8.1 JCB Ltd.: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.9 Sandvik AB
10.9.1 Sandvik AB: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.10 Zhengzhou Coal Mining Machinery Group
10.10.1 Zhengzhou Coal Mining Machinery Group: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.11 China National Coal Mining Equipment
10.11.1 China National Coal Mining Machinery Group: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.12 Boart Longyear Ltd
10.11.1 Boart Longyear Ltd: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)

List of Figures

FIG. 1 Global Underground Mining Equipment: Market Segmentation
FIG. 2 Global Underground Mining Equipment Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Underground Mining Equipment Market, By Application, 2014 (US$ Bn)
FIG. 5 Global Underground Mining Equipment Market, By Application, 2014 (US$ Bn)
FIG. 6 Global Underground Mining Equipment Market, By Geography, 2014 (US$ Bn)
FIG. 7 Global Underground Mining Equipment Market Revenue, 2013 – 2023, (US$ Bn and Thousand Units)
FIG. 8 See-Saw Analysis : Global Underground Mining Equipment Market
FIG. 9 Value Chain Analysis: Global Underground Mining Equipment Industry
FIG. 10 Market Positioning of Key Underground Mining Equipment Manufacturers, 2014
FIG. 11 Global Underground Mining Equipment Market Revenue Contribution, By Application , 2014 & 2022 (US$ Bn)
FIG. 12 Global Underground Mining Equipment Market for Coal Mining Revenue and Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
FIG. 13 Global Underground Mining Equipment Market for Metal Mining Revenue and Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
FIG. 14 Global Underground Mining Equipment Market for Minerals Mining Revenue and Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
FIG. 15 Global Underground Mining Equipment Market Revenue Contribution, By Mining Method, 2014 & 2022 (US$ Bn)
FIG. 16 Global Underground Mining Equipment Market for Longwal Extraction Revenue and Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
FIG. 17 North America Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
FIG. 18 Europe Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
FIG. 19 Asia Pacific Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)
FIG. 20 Rest of the World Underground Mining Equipment Market Revenue Volume, 2013 – 2023, (US$ Bn) (Thousand Units)

List of Tables

TABLE 1 Market Snapshot: Global Underground Mining Equipment Market
TABLE 2 Evolution of Underground Mining Equipment Technology
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 6 North America Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 7 North America Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 8 North America Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 9 U.S. Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 10 U.S. Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 11 U.S. Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 12 U.S. Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 13 Rest of North America Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 14 Rest of North America Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 15 Rest of North America Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 16 Rest of North America Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 17 Europe Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 18 Europe Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 19 Europe Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 20 Europe Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 21 U.K. Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 22 U.K. Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 23 U.K. Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 24 U.K. Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 25 Germany Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 26 Germany Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 27 Germany Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 28 Germany Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 29 France Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 30 France Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 31 France Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 32 France Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 33 Russia Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 34 Russia Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 35 Russia Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 36 Russia Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 37 Rest of Europe Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 38 Rest of Europe Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 39 Rest of Europe Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 40 Rest of Europe Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 41 Asia Pacific Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 42 Asia Pacific Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 43 Asia Pacific Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 44 Asia Pacific Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 45 Japan Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 46 Japan Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 47 Japan Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 48 Japan Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 49 China Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 50 China Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 51 China Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 52 China Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 53 India Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 54 India Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 55 India Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 56 India Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 57 Australasia Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 58 Australasia Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 59 Australasia Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 60 Australasia Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 61 Rest of Asia Pacific Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 62 Rest of Asia Pacific Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 63 Rest of Asia Pacific Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 64 Rest of Asia Pacific Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 65 Rest of the World Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 66 Rest of the World Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 67 Rest of the World Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 68 Rest of the World Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 69 Middle East and Africa Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 70 Middle East and Africa Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 71 Middle East and Africa Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 72 Middle East and Africa Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 73 Latin America Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (US$ Bn)
TABLE 74 Latin America Underground Mining Equipment Market Revenue, By Application, 2013 – 2023 (Thousand Units)
TABLE 75 Latin America Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (US$ Bn)
TABLE 76 Latin America Underground Mining Equipment Market Revenue, By Mining Method, 2013 – 2023 (Thousand Units)
TABLE 77 Atlas Copco AB: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 78 Caterpillar Inc: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 79 Hitachi Construction Machinery: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 80 Joy Global Inc: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 81 Volvo Construction Equipment: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 82 Komatsu Limited: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 83 Metso: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 84 JCB Ltd.: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 85 Sandvik AB: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 86 Zhengzhou Coal Mining Machinery Group: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 87 China National Coal Mining Equipment: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 88 Boart Longyear Ltd: Company Snapshot (Company Details, Geographical Presence, Application Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)

We have classified underground mining equipment market into following applications:

  • Coal Mining
  • Metal Mining
  • Mineral Mining

Coal mining is the largest application segment for underground mining equipment. Coal mining equipment accounted for around 40% the market in the overall coal mining equipment by application. Coal plays major role in the energy production and accounted for 30% of the global energy demand in 2015. The demand for coal and coal energy is growing rapidly particularly in emerging economies with growing urbanization. In addition, coal is also used as energy source in several manufacturing plants. Increasing consumption of Aluminum, copper, gold and other commodities is also expected to increase metal mining activities across the world. This represents a positive outlook for underground mining equipment used in metal mining applications. Rising production of motor vehicles and beverages packed in cans is increasing the demand for aluminum. In addition, rising demand for rare earth minerals is also expected to spurt the demand for underground mining equipment globally.

 

Underground Mining Equipment Market

The global underground mining equipment market is classified into four major regions i.e. North America, Europe, Asia Pacific and Rest of the World (RoW). The Rest of the underground mining equipment market is further classified into Middle East and Africa (MEA) and Latin America.

In addition, we have covered following major countries in each regional market:

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australasia
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

Asia Pacific is the accounted for the largest revenue share in the global underground mining equipment market. Growing mining activities particularly in India, Australia and China is increasing the deployment of underground mining machineries and equipment in these countries. Europe and North America are matured market for underground mining equipment and expected to witness steady demand from replacement market with stringent energy consumption and labor safety regulations in these regions. Significant demand for underground equipment is expected from Middle East, Africa and Latin America with increasing mining activities in these regions.   

 

Underground Mining Equipment Market

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