Mining Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The global mining equipment market size was valued at USD 143.7 billion in 2019 and is expected to grow at a CAGR of 12% from 2021 to 2027. Continuous digital mining innovation is expected to change key aspects of mining. The next few years. The increase in investment, along with government support for digital mining innovation, is expected to drive demand for mining equipment during the forecast period. Improvements and innovations in extraction technology and equipment contributed to the improvement of the ore grade, extending the life of old mines.

Mining Equipment Market Segmentations

By Type

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

By Application

• Metal Mining
• Mineral Mining 
• Coal Mining

Key Players

• AB Volvo 
• Caterpillar Inc.    
• Deere & Company
• Doosan Corporation
• Epiroc AB    
• Hitachi, Ltd. 
• Komatsu Ltd    
• Liebherr-International AG    
• Metso Corporation    
• Sandvik AB

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Mining Equipment Market Report

• What was the Mining Equipment Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Mining Equipment Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Mining Equipment Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.