The Mining Equipment Market size was valued at USD 136.22 Billion in 2023 and the total Mining Equipment revenue is expected to grow at a CAGR of 5.6 % from 2024 to 2030, reaching nearly USD 199.47 Billion by 2030.

Mining Equipment Market Overview:

The Mining Equipment Market Report from Maximize Market Research provides readers with an assessment of the global market landscape via the use of a comprehensive viewpoint. This research on the Mining Equipment Market looks at the scenario as the base year and the historical period. This research assists users in making key business decisions by utilizing a wealth of information presented in the study.

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Market Scope:

This research on the Mining Equipment industry is based on a thorough examination of the market, supported by secondary and primary sources. Market volume is determined by a country-by-country model mapping of Mining Equipment utilizing internal and external private information, as well as relevant patent and regulatory sources. The competitive environment of the Mining Equipment market is backed by an examination of the many elements that impact the market on a micro and granular level. Researchers in the Mining Equipment sector generate predictions and projections and compute market forecasts by thoroughly reviewing historical data, current trends, and important company announcements.

Segmentation: 

by Product

Mineral Processing Equipment
Surface Mining Equipment
Mining Drills & Breakers
Underground Mining Equipment
Crushing, Pulverizing
Screening Equipment
Others

By Electric Equipment

Mining Trucks
LHD (Load, Haul, Dump)

By Industry

Metal Mining
Mineral Mining
Coal Mining

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Key Players:

This report provides market monitoring for a specific area of the client's interest and provides up-to-date information on strategic initiatives such as mergers, acquisitions, partnerships, expansions, and product launches for leading companies on a regional scale for various industries or markets, depending on the client's subscription period. A team of research professionals updates and amends our data on a regular basis to reflect the most recent trends and facts. To fulfil the needs of both individual and corporate clients, we have substantial competence in research and consulting for a wide range of business disciplines. Our knowledgeable staff use proprietary data sources as well as a range of additional approaches. The key players in the Mining Equipment industry …

Major Global Key Players:
1. AB Volvo (Gothenburg, Sweden)
2. Hyundai Heavy Industries Company Limited (Ulsan, South Korea)
Leading Key Players in North America:
1. Terex Corporation (Westport, Connecticut, USA)
2. Astec Industries Incorporated (Chattanooga, Tennessee, USA)
3. Catapillar Inc. (USA)

Market Follower key Players in Europe:
1. Metso Corporation (Helsinki, Finland)
2. Atlas Copco AB (Stockholm, Sweden)
3. Sandvik AB (Sandviken, Sweden)
4. CNH Industrial NV (London, United Kingdom)
5. Liebherr Group (Bulle, Switzerland)
6. Kopex SA (Katowice, Poland)
7. Techint Group (Milan, Italy)

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Regional Analysis:

North America (including the United States, Canada, and Mexico), Europe (including Germany, France, the United Kingdom, Russia, and Italy), Asia-Pacific (including China, Japan, Korea, India, and Southeast Asia), South America (including Brazil, Argentina, and Colombia), the Middle East, and Africa have all been studied (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). The study presents regional competitive circumstances. These insights help market participants improve their approaches and provide new opportunities to achieve amazing results.

COVID-19 Impact Analysis on Mining Equipment Market:

The Global Mining Equipment Market Research Report offers an overview of the industry based on key variables such as market size, sales, sales analysis, and major drivers. The market is expected to grow considerably during the forecast period. This paper also provides the most current COVID-19 market implications. The spread of the epidemic has had a wide-ranging influence on people's lives all around the world. Markets have been forced to adopt new norms, trends, and tactics as a result. Essentially, the study report tries to paint a picture of the market's initial and future projections.

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