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Global Underground Mining Trucks Market By Engine Type (Diesel And Electric), By Capacity (Less Than 18 Tons, 18 Tons To Less Than 26, 26 Tons To Less Than 36, 36 Tons To Less Than 46, 46 Tons To Less Than 56, 56 Tons To Less Than 65 And Capacity 65 Tons Or More) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2025

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Published: | Report ID: 6291 | Report Format : PDF

Market Insights

The market for underground mining trucks was estimated US$ 1.28 Bn in 2016 which is expected to reach US$ 2.35 Bn by 2025 at a CAGR of 6.8% through the forecast period 2017 – 2025. Rising number of underground mines in order to satisfy global demand for metals and minerals is expected encourage the sale of underground mining trucks across the world. In addition, stringent miners’ safety regulation and environment protection laws are increase the adoption advanced underground equipment which satisfy operational and regulatory norms. Moreover, demand for fuel efficient trucks is expected increase through the forecast period due to rising need to reduce fuel consumption and greenhouse gas effect. Mining equipment manufacturers are integrating customized hardware and software solutions to reduce fuel particulates and to improve fuel efficiency.

Global underground mining trucks market is highly competitive and multinational players have strong hold in the global market. Market collaboration is expected to increase market competition as market leading players are focusing on market expansion through mergers and acquisitions. Caterpillar, Atlas Copco, GHH Fahrzeuge, Volvo, Sandvik, Zanam Legmet, Maclean, DUX, Bell, Get-man and MOAZ following are some major players in the global underground mining trucks industry. Caterpillar is aggressively focusing on market expansion in underground mining truck segment through mergers and acquisitions. In August 2016, Caterpillar Underground Mining Pty, Ltd (CUGM) has acquired the intellectual property (IP) of underground articulated truck designs from Ground Force Worldwide. This has helped company to add more design options to its 20 tonnes underground truck segment.  The company also acquired intellectual property of articulated underground truck designs from Specialised Vehicle Solutions Pty Ltd (SVS). Such recent acquisitions has helped the company to strengthen its position in underground truck segment.

The global underground trucks market is classified into following categories:

By Engine Type

  • Diesel
  • Electric

By Capacity

  • Less than 18 tons
  • 18 tons to less than 26
  • 26 tons to less than 36
  • 36 tons to less than 46
  • 46 tons to less than 56
  • 56 tons to less than 65
  • Capacity 65 Tons or More

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of 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 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Global Undergroud Trucks Market Portraiture
2.2 Global Undergroud Trucks Market, by Engine Type, 2016 & 2024 (Value %)
2.3 Global Undergroud Trucks Market, by Capacity, 2016 (US$ Bn)
2.4 Global Undergroud Trucks Market, by Geography, 2016 (Value %)

Chapter 3 Global Undergroud Trucks Market Overview
3.1 Market Definition and Scope
3.1.1 Drivers
3.1.2 Challenges
3.1.3 Opportunities
3.3 Attractive Investment Proposition
3.4 Competitive Analysis: Global Undergroud Trucks Market, 2016 (Value %)

Chapter 4 Global Undergroud Trucks Market Analysis, By Engine Type
4.1 Overview
4.2 Diesel
4.3 Electric

Chapter 5 Global Undergroud Trucks Market Analysis, by Capacity
5.1 Introduction
5.2 Less than 18 tons
5.3 18 tons to less than 26
5.4 26 tons to less than 36
5.5 36 tons to less than 46
5.6 46 tons to less than 56
5.7 56 tons to less than 65
5.8 65 tons or more

Chapter 6 Global Underground Trucks Market, Regional Analysis
6.1 Overview
6.1.1 Market Share Analysis by Geography, 2015 Vs 2024
6.2 North America Underground Trucks Market, 2015 – 2025, (US$ Bn)
6.2.1 North America Underground Trucks Market Revenue, By Country, 2015 – 2025 (US$ Bn)
6.2.1.1 U.S. Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.2.1.2 U.S. Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.2.1.3 Rest of North America Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.2.1.4 Rest of North America Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.2.2 North America Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.2.3 North America Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.3 Europe Underground Trucks Market, 2015 – 2025, (US$ Bn)
6.3.1 Europe Underground Trucks Market Revenue, By Country, 2015 – 2025 (US$ Bn)
6.3.1.1 UK Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.3.1.2 UK Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.3.1.3 Germany Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.3.1.4 Germany Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.3.1.5 France Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.3.1.6 France Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.3.1.7 Rest of Europe Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.3.1.8 Rest of Europe Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.3.2 Europe Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.3.3 Europe Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.4 Asia Pacific Underground Trucks Market, 2015 – 2025, (US$ Bn)
6.4.1 Asia Pacific Underground Trucks Market Revenue, By Country, 2015 – 2025 (US$ Bn)
6.4.1.1 Japan Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.4.1.2 Japan Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.4.1.3 China Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.4.1.4 China Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.4.1.5 India Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.4.1.6 India Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.4.1.7 Rest of Asia Pacific Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.4.1.8 Rest of Asia Pacific Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.4.2 Asia Pacific Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.4.3 Asia Pacific Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.5 Rest of the World Underground Trucks Market, 2015 – 2025, (US$ Bn)
6.5.1 Rest of the World Underground Trucks Market Revenue, By Region, 2015 – 2025 (US$ Bn)
6.4.1.1 Latin America Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.4.1.2 Latin America Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.4.1.3 Middle East and Africa Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.4.1.4 Middle East and Africa Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
6.4.2 RoW Underground Trucks Market Revenue, By Engine Type, 2015 – 2025 (US$ Bn)
6.4.3 RoW Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)

Chapter 7 Company Profiles
7.1 Atlas Copco
7.2 Sandvik
7.3 Caterpillar
7.4 GHH Fahrzeuge
7.5 KGHM ZANAM S.A
7.6 Dux Machinery Corporation
7.7 MacLean
7.8 Bell Equipment
7.9 Getman
7.10 MOAZ

List of Figures

FIG. 1 Underground Trucks Market: Research Methodology
FIG. 2 Global Underground Trucks Market, by Engine Type, 2016 & 2025 (Value %)
FIG. 3 Global Underground Trucks Market, by Capacity, 2016 (US$ Bn)
FIG. 4 Global Underground Trucks Market, by Geography, 2016 (Value %)
FIG. 5 Attractive Investment Proposition: Global Underground Trucks Market, 2016
FIG. 6 Competitive Analysis: Global Underground Trucks Market, 2016 (Value %)
FIG. 7 Global Diesel Underground Trucks Market, 2015 – 2025 (US$ Bn and Volume)
FIG. 8 Global Electric Underground Trucks Market, 2015 – 2025 (US$ Bn and Volume)
FIG. 9 Global Underground Mining Underground Trucks Market with Capacity Less than 18 tons, Revenue and Volume (US$ Bn and Units)
FIG. 10 Global Underground Mining Underground Trucks Market with Capacity 18 tons to less than 26, Revenue and Volume (US$ Bn and Units)
FIG. 11 Global Underground Mining Underground Trucks Market with Capacity 26 tons to less than 36, Revenue and Volume (US$ Bn and Units)
FIG. 12 Global Underground Mining Underground Trucks Market with Capacity 36 tons to less than 46, Revenue and Volume (US$ Bn and Units)
FIG. 13 Global Underground Mining Underground Trucks Market with Capacity 46 tons to less than 56, Revenue and Volume (US$ Bn and Units)
FIG 14 Global Underground Mining Underground Trucks Market with Capacity 56 tons to less than 65, Revenue and Volume (US$ Bn and Units)
FIG. 14 Global Underground Mining Underground Trucks Market with Capacity 65 tons or more, Revenue and Volume (US$ Bn and Units)
FIG. 15 Market Share Analysis by Geography, 2016 Vs 2025 (%)
FIG. 16 North America Underground Trucks Market Revenue, 2015 – 2025 (US$ Bn)
FIG. 17 Europe Underground Trucks Market Revenue, 2015 – 2025 (US$ Bn)
FIG. 18 Asia Pacific Underground Trucks Market Revenue, 2015 – 2025 (US$ Bn)
FIG. 19 Rest of the World Underground Trucks Market Revenue, 2015 – 2025 (US$ Bn)

List of Tables

TABLE 1 Global Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 2 Global Underground Trucks Market, by Capacity, 2015 – 2025 (US$ Bn)
TABLE 3 North America Underground Trucks Market Revenue, By Country, 2015 – 2025 (US$ Bn)
TABLE 4 U.S. Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 5 U.S. Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 6 Rest of North America Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 7 Rest of North America Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 8 North America Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 9 North America Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 10 Europe Underground Trucks Market Revenue, By Country, 2015 – 2025 (US$ Bn)
TABLE 11 UK Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 12 UK Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 13 Germany Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 14 Germany Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 15 France Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 16 France Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 17 Rest of Europe Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 18 Rest of Europe Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 19 Europe Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 20 Europe Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 21 Asia Pacific Underground Trucks Market Revenue, By Country, 2015 – 2025 (US$ Bn)
TABLE 22 Japan Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 23 Japan Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 24 China Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 25 China Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 26 India Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 27 India Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 28 Rest of Asia Pacific Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 29 Rest of Asia Pacific Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 30 Asia Pacific Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 31 Asia Pacific Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 32 Rest of the World Underground Trucks Market, By Region, 2015 – 2025 (US$ Bn)
TABLE 33 Latin America Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 34 Latin America Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 35 Middle East and Africa Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 36 Middle East and Africa Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 37 Rest of the World Underground Trucks Market, By Engine Type, 2015 – 2025 (US$ Bn)
TABLE 38 Rest of the World Underground Trucks Market Revenue, By Capacity, 2015 – 2025 (US$ Bn)
TABLE 39 Atlas Copco: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
TABLE 40 Sandvik.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 41 Caterpillar: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 42 GHH Fahrzeuge: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 43 KGHM ZANAM S.A: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 44 Dux Machinery Corporation: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 45 Mining Technologies International Inc. (MTI): Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 46 MacLean: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 47 Bell Equipment: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 48 Getman: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
TABLE 49 MOAZ: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)

Frequently Asked Questions:

What is the size of Global Underground Mining Trucks Market?

The market for Global Underground Mining Trucks is expected to reach US$ 2.35 Bn 2025.

What is the Global Underground Mining Trucks Market CAGR?

The Global Underground Mining Trucks market is expected to see significant CAGR growth over the coming years, at 6.8%.

What is the Forecast period considered for Global Underground Mining Trucks Market?

The report is forecasted from 2015-2025.

What is the base year considered for Global Underground Mining Trucks Market?

The base year of this report is 2014.

Who are the major players in this market?

Atlas Copco, Sandvik, Caterpillar, GHH Fahrzeuge, KGHM ZANAM S.A. are some of the major players in the global market.

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