Mining Equipment Market

Market Insights

The global mining equipment market is expected to see significant growth through the forecast period with improving economic conditions and the rising output of the mining sector. The market for mining equipment is also expected to see significant demand from the replacement market due to stringent energy consumption regulations, particularly in developed nations. In addition, rising domestic demand for metals and coal represents a positive outlook for mining equipment, particularly in emerging economies such as India, China, and others. These things should make more people want to buy mining equipment in the next six years.

The study provides an in-depth analysis of market influencing and inhibiting factors related to the mining equipment industry. The report also includes current and future market trends in the global as well as regional markets. In addition, this study provides exhaustive information on product development, pricing, and demand and supply trends. The study also includes high-level analysis such as market attractiveness, competitive, and PESTEL analysis to identify key investment areas in this market.

In addition, they provide market estimates and forecasts for different types of mining equipment in terms of both volumes (number of units sold) and revenue (US$ Bn). This market is segmented on the basis of product type, application, and region. The study also includes cross-sectional analysis on a regional basis, i.e., the regional market size by product and application. This study includes market estimates (2013 and 2014) and forecasts for the period 2015–2022 in terms of volume and revenue. The report also includes market estimates and forecasts of the mining equipment market for major countries.

The report profiles key mining equipment manufacturers in the global market. These profiles include detailed information about the product portfolios, business strategies, recent developments, and regional positioning of these manufacturers. The report also provides an in-depth analysis of the market competition, key market players’ positioning, and their market-winning strategies.

We have analyzed the following types of mining equipment to estimate the market size of the global mining equipment market:

• Drills & Breakers
• Crushing, Pulverizing, and Screening Equipment
• Mineral Processing Machinery
• Surface Mining Machinery
• Underground mining Machinery
• Others

Surface mining equipment accounted for the largest revenue share in 2014. The demand for multifunctional surface mining equipment is growing steadily as this machinery reduces the need to buy supplementary machines such as crushing, excavators, and others. Rising demand for mining activities, along with increasing demand for sophisticated mining machinery, is expected to spur the demand for surface mining equipment, particularly from developing nations. Underground mining equipment is also expected to see significant growth through the forecast period, with stringent government regulations to improve mining safety. These mandatory regulations are forcing mining companies to deploy these practices at mining facilities. This is increasing the demand for underground mining equipment across the globe. In addition, improving economic conditions and the rising number of mining projects represent a positive outlook for crushing, pulverizing, and screening equipment.

The global mining equipment market is classified into the following categories:

By Product

• Drills and Breakers
• Crushing, pulverizing, and screening equipment
• Mineral Processing Machinery
• Surface Mining Machinery
• Underground mining machinery
• Others

By Application

• Metal
• Minerals
• Coal

By Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

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

Asia-Pacific is the largest regional market and accounts for more than half of the revenue share in the global mining equipment market. China is the largest individual market for mining equipment. Rising demand for minerals and metals is expected to spur the demand for mining equipment in China throughout the forecast period. With rising output in the construction and manufacturing industries and government efforts to improve mining safety and mechanization, China is expected to see moderate demand for mining equipment over the next six years. Increasing investment in metal and coal mining by developing countries in the Asia Pacific, South America, Africa, and Eastern Europe is expected to drive the market’s growth in the near future. India is expected to see the fastest growth for mining equipment with its growing metal and coal mining industries. The demand for mining equipment is expected to increase at a modest rate in North America and Western Europe, with improving economic conditions and a rebound in the construction industry in these regions. The U.S., UK, China, and several other countries have introduced mandatory regulations to reduce coal consumption for electricity production and are rapidly shifting towards solar, hydro, nuclear, and wind technologies.

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 Mining Equipment Market
2.2 Global Mining Equipment Market, By Product
2.3 Global Mining Equipment Market, By Application
2.4 Global Mining Equipment Market, By Geography

Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
3.2 Key Market Trends and Future Outlook
3.2.1 Evolution of 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

Chapter 4 Mining Equipment Market by Product Type
4.1 Market Analysis
4.2 Global Drills & Breakers Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
4.3 Global Crushing, Pulverizing and Screening Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
4.4 Global Mineral Processing Machinery Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
4.5 Global Surface Mining Machinery Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
4.6 Global Underground mining Machinery Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
4.7 Global Others Machinery Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)

Chapter 5 Mining Equipment Market by Application
5.1 Market Analysis
5.2 Global Metal Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
5.3 Global Minerals Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
5.4 Global Coal Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)

Chapter 6 North America Mining Equipment Market Analysis
6.1 Overview
6.2 North America Mining Equipment Market Analysis, By Product, 2013 – 2022 (US$ Bn and Thousand Units)
6.2.1 SRC Analysis
6.3 North America Mining Equipment Market Analysis, By Application, 2013 – 2022 (US$ Bn and Thousand Units)
6.3.1 SRC Analysis
6.4 North America Mining Equipment Market Analysis, By Country, 2013 – 2022 (US$ Bn and Thousand Units)
6.4.1 SRC Analysis

Chapter 7 Europe Mining Equipment Market Analysis
7.1 Overview
7.2 Europe Mining Equipment Market Analysis, By Product, 2013 – 2022 (US$ Bn and Thousand Units)
7.2.1 SRC Analysis
7.3 Europe Mining Equipment Market Analysis, By Application, 2013 – 2022 (US$ Bn and Thousand Units)
7.3.1 SRC Analysis
7.4 Europe Mining Equipment Market Analysis, By Country, 2013 – 2022 (US$ Bn and Thousand Units)
7.4.1 SRC Analysis

Chapter 8 Asia Pacific Mining Equipment Market Analysis
8.1 Overview
8.2 Asia Pacific Mining Equipment Market Analysis, By Product, 2013 – 2022 (US$ Bn and Thousand Units)
8.2.1 SRC Analysis
8.3 Asia Pacific Mining Equipment Market Analysis, By Application, 2013 – 2022 (US$ Bn and Thousand Units)
8.3.1 SRC Analysis
8.4 Asia Pacific Mining Equipment Market Analysis, By Country, 2013 – 2022 (US$ Bn and Thousand Units)
8.4.1 SRC Analysis

Chapter 9 Rest of the World (RoW)Mining Equipment Market Analysis
9.1 Overview
9.2 RoW Mining Equipment Market Analysis, By Product, 2013 – 2022 (US$ Bn and Thousand Units)
9.2.1 SRC Analysis
9.3 RoW Mining Equipment Market Analysis, By Application, 2013 – 2022 (US$ Bn and Thousand Units)
9.3.1 SRC Analysis
9.4 RoW Mining Equipment Market Analysis, By Country, 2013 – 2022 (US$ Bn and Thousand Units)
9.4.1 SRC Analysis
9.5 RoW Mining Equipment Market Analysis, By Country, 2013 – 2022 (US$ Bn and Thousand Units)
9.5.1 SRC Analysis

Chapter 10 Company Profiles
10.1 Atlas Copco AB
10.1.1 Atlas Copco AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.2 Caterpillar Inc.
10.2.1 Caterpillar Inc: Company Snapshot (Company Details, Geographical Presence, Product 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, Product 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, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.5 Volvo Mining Equipment AB
10.5.1 Volvo Mining Equipment AB.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.6 Komatsu Limited
10.6.1 Komatsu Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.7 Metso
10.7.1 Metso: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.8 JCB Ltd.
10.8.1 JCB Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.9 Sandvik AB
10.9.1 Sandvik AB: Company Snapshot (Company Details, Geographical Presence, Product 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, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.11 China National Coal Mining Equipment
10.11.1 China National Coal Mining Equipment: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
10.12 Boart Longyear Ltd
10.12.1 Boart Longyear Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)

List of Figures

FIG. 1 Global Mining Equipment: Market Segmentation
FIG. 2 Global Mining Equipment Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Mining Equipment Market, By Product, 2014 (US$ Bn)
FIG. 5 Global Mining Equipment Market, By Application, 2014 (US$ Bn)
FIG. 6 Global Mining Equipment Market, By Geography, 2014 (US$ Bn)
FIG. 7 Global Mining Equipment Market Revenue, 2013 – 2022, (US$ Bn and Thousand Units)
FIG. 8 See-Saw Analysis : Global Mining Equipment Market
FIG. 9 Value Chain Analysis: Global Mining Equipment Industry
FIG. 10 Market Positioning of Key Mining Equipment Manufacturers, 2014
FIG. 11 Global Mining Equipment Market Revenue Contribution, By Product Type, 2014 & 2022 (US$ Bn)
FIG. 12 Global Drills & Breakers Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 13 Global Crushing, Pulverizing and Screening Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 14 Global Mineral Processing Machinery Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 15 Global Surface Mining Machinery Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 16 Global Underground mining Machinery Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 17 Global Others Machinery Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 18 Global Mining Equipment Market Revenue Contribution, By Application, 2014 & 2022 (US$ Bn)
FIG. 19 Global Metal Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 20 Global Minerals Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 21 Global Coal Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 22 North America Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 23 Europe Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 24 Asia Pacific Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
FIG. 25 RoW Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)

List of Tables

TABLE 1 Market Snapshot: Global Mining Equipment Market
TABLE 2 Evolution of Mining Equipment Technology
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Mining Equipment Market Revenue, By Product, 2013 – 2022 (US$ Bn)
TABLE 6 North America Mining Equipment Market Revenue, By Product, 2013 – 2022 (Thousand Units)
TABLE 7 North America Mining Equipment Market Revenue, By Application, 2013 – 2022 (US$ Bn)
TABLE 8 North America Mining Equipment Market Revenue, By Application, 2013 – 2022 (Thousand Units)
TABLE 9 North America Mining Equipment Market Revenue, By Country, 2013 – 2022 (US$ Bn)
TABLE 10 North America Mining Equipment Market Revenue, By Country, 2013 – 2022 (Thousand Units)
TABLE 11 Europe Mining Equipment Market Revenue, By Product, 2013 – 2022 (US$ Bn)
TABLE 12 Europe Mining Equipment Market Revenue, By Product, 2013 – 2022 (Thousand Units)
TABLE 13 Europe Mining Equipment Market Revenue, By Application, 2013 – 2022 (US$ Bn)
TABLE 14 Europe Mining Equipment Market Revenue, By Application, 2013 – 2022 (Thousand Units)
TABLE 15 Europe Mining Equipment Market Revenue, By Country, 2013 – 2022 (US$ Bn)
TABLE 16 Europe Mining Equipment Market Revenue, By Country, 2013 – 2022 (Thousand Units)
TABLE 17 Asia Pacific Mining Equipment Market Revenue, By Product, 2013 – 2022 (US$ Bn)
TABLE 18 Asia Pacific Mining Equipment Market Revenue, By Product, 2013 – 2022 (Thousand Units)
TABLE 19 Asia Pacific Mining Equipment Market Revenue, By Application, 2013 – 2022 (US$ Bn)
TABLE 20 Asia Pacific Mining Equipment Market Revenue, By Application, 2013 – 2022 (Thousand Units)
TABLE 21 Asia Pacific Mining Equipment Market Revenue, By Country, 2013 – 2022 (US$ Bn)
TABLE 22 Asia Pacific Mining Equipment Market Revenue, By Country, 2013 – 2022 (Thousand Units)
TABLE 23 RoW Mining Equipment Market Revenue, By Product, 2013 – 2022 (US$ Bn)
TABLE 24 RoW Mining Equipment Market Revenue, By Product, 2013 – 2022 (Thousand Units)
TABLE 25 RoW Mining Equipment Market Revenue, By Application, 2013 – 2022 (US$ Bn)
TABLE 26 RoW Mining Equipment Market Revenue, By Application, 2013 – 2022 (Thousand Units)
TABLE 27 RoW Mining Equipment Market Revenue, By Country, 2013 – 2022 (US$ Bn)
TABLE 28 RoW Mining Equipment Market Revenue, By Country, 2013 – 2022 (Thousand Units)
TABLE 29 RoW Mining Equipment Market Revenue, By Country, 2013 – 2022 (US$ Bn)
TABLE 30 RoW Mining Equipment Market Revenue, By Country, 2013 – 2022 (Thousand Units)
TABLE 31 E Atlas Copco AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 32 Caterpillar Inc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 33 Hitachi Construction Machinery: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 34 Joy Global Inc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 35 Volvo Mining Equipment AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 36 Komatsu Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 37 Metso: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 38 JCB Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 39 Sandvik AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 40 Zhengzhou Coal Mining Machinery Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 41 China National Coal Mining Equipment: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)
TABLE 42 Boart Longyear Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, SCOT Analysis, Recent Developments)