Report Description

Global mining equipment market stood around USD2.87 billion in 2020 and is estimated to reach USD4.55 billion in 2026, advancing with a CAGR of 8.50% Rapidly increasing demand for mineral and other material mining is driving the growth of the global mining equipment market in the forecast years.

The various types of equipment used in the mining sector include hydraulic excavators, wheel loaders, backhoe loaders, bull dozers, dump trucks, tippers, graders, pavers, asphalt drum/wet mix plants, breakers, vibratory compactors, cranes, forklifts, dozers, off-highway dumpers, drills, scrapers, motor graders, rope shovels, etc. These equipment perform a variety of functions like preparation of ground, excavation, haulage of material, dumping/laying in specified manner, earth moving, material handling, etc. Among all the equipment employed in the mining sector, earth moving equipment are most widely used.

The surge of the COVID-19 pandemic led to global lockdown and momentary closure of manufacturing facilities and mining activities, by that negatively affecting the overall manufacturing and expansion of the mining equipment market. Supply chain got disrupted due to the pandemic and led to difficulties in the supply of equipment used for coal mining, metal mining, and mineral mining applications, etc.

Adoption of Electric and Hybrid Powertrains

The running and maintenance costs of electric and hybrid vehicles are low as compared to ICE vehicles. Furthermore, with raising concerns regarding environmental pollution caused by vehicle emission including mining equipment, the governments of many countries across the world have supported the adoption of electric vehicles in the mining industry through price incentives and supportive policy formulation. The mining industry has been witnessing a faster adoption of electric vehicles due to numerous stimuli like subsidies and tax redemptions on electric and hybrid vehicles and scrappage policies regularizing across the world. For instance, with design assistance from Williams Advanced Engineering, Anglo American mining company will build the world's largest hydrogen-powered mining truck. Moreover, Epiroc offers battery driven mining trucks across the US. In October 2020, Codelco launched an electric mining truck for sale across Chile. BEML Ltd. in September 2018 launched the 205T Electric Drive Rear Dump Truck. Such adoptions are leading to the growth of the mining equipment market across the globe.

Advancement in Technology- Using Telematics in Mining Industry

The competition in the global mining equipment market is enhancing. To remain competitive, the market players are entering into strategic partnerships, mergers or acquisitions with other manufacturers and technology providers. These partnerships will significantly encourage private sector investments in infrastructure growth and development. Additionally, it is boosting the individual country’s mining equipment market. For instance, in January 2020, the Portugal-based Nors, S.A announced a definitive agreement to acquire Strongbow Exploration Inc. Similarly, in July 2020, Bird Construction announced its acquisition of Stuart Olson for an amount of USD96.5 million. Furthermore, in July 2020, asphalt equipment manufacturer, Gencor Industries, acquired Volvo Construction Equipment’s North American Blaw-Knox paver business, along with its associated assets.

Proliferation of Electric Mining Equipment

Mining equipment manufacturers across the world are introducing electrically driven mining equipment in their product portfolio to ensure zero emissions. For instance, in July 2021, Komatsu Ltd. teamed up with Honda Motor Company to develop a micro electric excavator, the electric PC01. Similarly, in April 2021, Liebherr International AG launched two new electric excavators, the R 976-E electric crawler excavator and the R 980 SME-E excavator.  Furthermore, in April 2019, Volvo Construction Equipment AB launched its first electric zero-emission mining equipment, the ECR25 excavator and the L25 wheel loader. With this launch, the company intended to move forward to its goal of ‘Building Tomorrow’.

Increasing Price of Raw Materials

The prices of raw materials such as iron and steel are increasing due to the rise in import duty and shortage of raw materials across the world. The US-China trade war and increasing tariffs on exports of raw materials to Russia are forcing China and Russia to look for new markets for steel. To protect the domestic steel market, in 2019, European and Latin American countries increased the import duty on steel products from China from 7.5%-12.5% to 15%-18%, thereby increasing the procurement cost of these materials. Moreover, these are the major raw materials used to manufacture mining equipment; thus, the increasing cost of raw materials is expected to impact the global mining equipment market adversely.

Economic Slowdown

The global economy is facing an economic slowdown, which is significantly impacting the global mining industry. In the year 2019, the world’s major economic investments contracted out of the targeted investment of around trillions of dollars. The infrastructure segments majorly impacted by the economic recession include road infrastructure, port, and mining sectors. For instance, in 2019, the World Bank targeted the goal of doubling road infrastructure development but awarded only half of it. Thus, this trend is expected to pressurize construction and mining equipment manufacturers to cut-down their production capacity and operational activities due to a lack of funds and demand.


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Market Segmentation

The global mining equipment market is segmented by category (crushing, pulverizing, screening, mineral processing, surface & underground), by application (metal, mineral, coal, others), by propulsion (diesel, CNG/LNG, electric), by power output (<500hp, 500hp-2000hp, >2000hp), by vehicle type (articulated dump trucks, crawler dozers, crawler excavators, motor graders, rigid dump trucks, drills, electric shovels, hydraulic excavators, mining dozers, mining trucks, wheeled loaders, others), by region, by company (2020) .The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region. In terms of country, the United States mining equipment market is forecast to grow at a faster rate and is expected to reach around USD0.63 billion in 2026 from USD0.39 billion in 2020 at a CAGR of 8.72%.

Company Profiles

Caterpillar Inc., Komatsu Ltd., Liebherr International AG, Hitachi Ltd., Deere & Company, Xuzhou Construction Machinery Group Co., Ltd. (XCMG), Doosan Heavy Industries & Construction Co., Ltd., SANY Group, Volvo Construction Equipment AB, JC Bamford Excavators Ltd. Key players are developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.

Attribute

Details

Market Size Value in 2020

USD2.87 Billion

Revenue Forecast in 2026

USD4.55 Billion

US Revenue Forecast in 2026

USD 0.63 Billion

Growth Rate

8.50%

Base Year

2020

Historical Years

2016 – 2019

Estimated Year

2021

Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Billion, Volume in Units, and CAGR for 2016-2020 and 2021-2026

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Category

·         Application

·         Propulsion

·         Power Output

·         Vehicle Type

·         Region

·         Company

Regional Scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country Scope

China; India; Australia; Indonesia; Malaysia; South Korea; United States; Mexico; Canada; Russia, Uzbekistan; Norway; Germany; France; United Kingdom; Sweden; Saudi Arabia; UAE; South Africa; Iran; Qatar; Brazil; Argentina; Colombia; Peru; Chile

Key Companies Profiled

Caterpillar Inc., Komatsu Ltd., Liebherr International AG, Hitachi Ltd., Deere & Company, Xuzhou Construction Machinery Group Co., Ltd. (XCMG), Doosan Heavy Industries & Construction Co., Ltd., SANY Group, Volvo Construction Equipment AB, JC Bamford Excavators Ltd.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, global mining equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Mining Equipment Market, By Category:
    • Surface & Underground
    • Crushing
    • Pulverizing
    • Mineral Processing
    • Screening
  • Mining Equipment Market, By Application:
    • Coal
    • Metal
    • Mineral
    • Others
  • Mining Equipment Market, By Propulsion:
    • Diesel
    • CNG/LNG
    • Electric
  • Mining Equipment Market By Power Output:
    • <500HP
    •  500HP-2000HP
    • >2000HP
  • Mining Equipment Market, By Vehicle Type:
    • Mining Trucks
    • Drills
    • Hydraulic Excavators
    • Mining Dozers
    • Electric Shovels
    • Articulated Dump Trucks
    • Wheeled Loaders
    • Crawler Excavators
    • Rigid Dump Trucks
    • Crawler Dozers
    • Motor Graders
    • Others
  • Mining Equipment Market, By Region:
    • Asia-Pacific
      • China
      • Australia
      • India
      • Indonesia
      • Malaysia
      • South Korea
    • North America
      • United States
      • Canada
      • Mexico
    • Europe & CIS
      • Russia
      • Germany
      • Norway
      • United Kingdom
      • Uzbekistan
      • France
      • Sweden
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Iran
      • UAE
      • Qatar
    • South America
      • Brazil
      • Colombia
      • Argentina
      • Peru
      • Chile

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global mining equipment market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Mining Equipment Market

4.    Voice of Customer

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decision

4.3.  Satisfaction Level

4.4.  Challenges/Unmet Needs

5.    Executive Summary

6.    Global Mining Equipment Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Category (Crushing, Pulverizing, Screening, Mineral Processing, Surface & Underground)

6.2.2.     By Application (Metal, Mineral, Coal, Others)

6.2.3.     By Propulsion (Diesel, CNG/LNG, Electric)

6.2.4.     By Power Output (<500HP, 500HP-2000HP, >2000HP)

6.2.5.     By Vehicle Type (Articulated Dump Trucks, Crawler Dozers, Crawler Excavators, Motor Graders, Rigid Dump Trucks, Drills, Electric Shovels, Hydraulic Excavators, Mining Dozers, Mining Trucks, Wheeled Loaders, Others)

6.2.6.     By Region

6.2.7.     By Company (2020)

6.3.  Market Map (By Vehicle Type, By Country)

7.    Asia-Pacific Mining Equipment Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Category

7.2.2.     By Application

7.2.3.     By Propulsion

7.2.4.     By Power Output

7.2.5.     By Vehicle Type

7.2.6.     By Country

7.3.  Market Map (By Vehicle Type, By Country)

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Mining Equipment Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value & Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Category

7.4.1.2.2.             By Application

7.4.1.2.3.             By Propulsion

7.4.1.2.4.             By Power Output

7.4.1.2.5.             By Vehicle Type

7.4.2.     Australia Mining Equipment Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value & Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Category

7.4.2.2.2.             By Application

7.4.2.2.3.             By Propulsion

7.4.2.2.4.             By Power Output

7.4.2.2.5.             By Vehicle Type

7.4.3.     India Mining Equipment Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value & Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Category

7.4.3.2.2.             By Application

7.4.3.2.3.             By Propulsion

7.4.3.2.4.             By Power Output

7.4.3.2.5.             By Vehicle Type

7.4.4.     Indonesia Mining Equipment Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value & Volume

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Category

7.4.4.2.2.             By Application

7.4.4.2.3.             By Propulsion

7.4.4.2.4.             By Power Output

7.4.4.2.5.             By Vehicle Type

7.4.5.     Malaysia Mining Equipment Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value & Volume

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Category

7.4.5.2.2.             By Application

7.4.5.2.3.             By Propulsion

7.4.5.2.4.             By Power Output

7.4.5.2.5.             By Vehicle Type

7.4.6.     South Korea Mining Equipment Market Outlook

7.4.6.1.         Market Size & Forecast

7.4.6.1.1.             By Value & Volume

7.4.6.2.         Market Share & Forecast

7.4.6.2.1.             By Category

7.4.6.2.2.             By Application

7.4.6.2.3.             By Propulsion

7.4.6.2.4.             By Power Output

7.4.6.2.5.             By Vehicle Type

8.    North America Mining Equipment Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Category

8.2.2.     By Application

8.2.3.     By Propulsion

8.2.4.     By Power Output

8.2.5.     By Vehicle Type

8.2.6.     By Country

8.3.  Market Map (By Vehicle Type, By Country)

8.4.  North America: Country Analysis

8.4.1.     United States Mining Equipment Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Category

8.4.1.2.2.             By Application

8.4.1.2.3.             By Propulsion

8.4.1.2.4.             By Power Output

8.4.1.2.5.             By Vehicle Type

8.4.2.     Canada Mining Equipment Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Category

8.4.2.2.2.             By Application

8.4.2.2.3.             By Propulsion

8.4.2.2.4.             By Power Output

8.4.2.2.5.             By Vehicle Type

8.4.3.     Mexico Mining Equipment Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Category

8.4.3.2.2.             By Application

8.4.3.2.3.             By Propulsion

8.4.3.2.4.             By Power Output

8.4.3.2.5.             By Vehicle Type

9.    Europe & CIS Mining Equipment Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Category

9.2.2.     By Application

9.2.3.     By Propulsion

9.2.4.     By Power Output

9.2.5.     By Vehicle Type

9.2.6.     By Country

9.3.  Market Map (By Vehicle Type, By Country)

9.4.  Europe & CIS: Country Analysis

9.4.1.     Russia Mining Equipment Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Category

9.4.1.2.2.             By Application

9.4.1.2.3.             By Propulsion

9.4.1.2.4.             By Power Output

9.4.1.2.5.             By Vehicle Type

9.4.2.     Germany Mining Equipment Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Category

9.4.2.2.2.             By Application

9.4.2.2.3.             By Propulsion

9.4.2.2.4.             By Power Output

9.4.2.2.5.             By Vehicle Type

9.4.3.     Norway Mining Equipment Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Category

9.4.3.2.2.             By Application

9.4.3.2.3.             By Propulsion

9.4.3.2.4.             By Power Output

9.4.3.2.5.             By Vehicle Type

9.4.4.     United Kingdom Mining Equipment Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value & Volume

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Category

9.4.4.2.2.             By Application

9.4.4.2.3.             By Propulsion

9.4.4.2.4.             By Power Output

9.4.4.2.5.             By Vehicle Type

9.4.5.     Uzbekistan Mining Equipment Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value & Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Category

9.4.5.2.2.             By Application

9.4.5.2.3.             By Propulsion

9.4.5.2.4.             By Power Output

9.4.5.2.5.             By Vehicle Type

9.4.6.     France Mining Equipment Market Outlook

9.4.6.1.         Market Size & Forecast

9.4.6.1.1.             By Value & Volume

9.4.6.2.         Market Share & Forecast

9.4.6.2.1.             By Category

9.4.6.2.2.             By Application

9.4.6.2.3.             By Propulsion

9.4.6.2.4.             By Power Output

9.4.6.2.5.             By Vehicle Type

9.4.7.     Sweden Mining Equipment Market Outlook

9.4.7.1.         Market Size & Forecast

9.4.7.1.1.             By Value & Volume

9.4.7.2.         Market Share & Forecast

9.4.7.2.1.             By Category

9.4.7.2.2.             By Application

9.4.7.2.3.             By Propulsion

9.4.7.2.4.             By Power Output

9.4.7.2.5.             By Vehicle Type

10.  Middle East & Africa Mining Equipment Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Category

10.2.2.  By Application

10.2.3.  By Propulsion

10.2.4.  By Power Output

10.2.5.  By Vehicle Type

10.2.6.  By Country

10.3.              Market Map (By Vehicle Type, By Country)

10.4.              Middle East & Africa: Country Analysis

10.4.1.  Saudi Arabia Mining Equipment Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value & Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Category

10.4.1.2.2.           By Application

10.4.1.2.3.           By Propulsion

10.4.1.2.4.           By Power Output

10.4.1.2.5.           By Vehicle Type

10.4.2.  South Africa Mining Equipment Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value & Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Category

10.4.2.2.2.           By Application

10.4.2.2.3.           By Propulsion

10.4.2.2.4.           By Power Output

10.4.2.2.5.           By Vehicle Type

10.4.3.  Iran Mining Equipment Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value & Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Category

10.4.3.2.2.           By Application

10.4.3.2.3.           By Propulsion

10.4.3.2.4.           By Power Output

10.4.3.2.5.           By Vehicle Type

10.4.4.  UAE Mining Equipment Market Outlook

10.4.4.1.      Market Size & Forecast

10.4.4.1.1.           By Value & Volume

10.4.4.2.      Market Share & Forecast

10.4.4.2.1.           By Category

10.4.4.2.2.           By Application

10.4.4.2.3.           By Propulsion

10.4.4.2.4.           By Power Output

10.4.4.2.5.           By Vehicle Type

10.4.5.  Qatar Mining Equipment Market Outlook

10.4.5.1.      Market Size & Forecast

10.4.5.1.1.           By Value & Volume

10.4.5.2.      Market Share & Forecast

10.4.5.2.1.           By Category

10.4.5.2.2.           By Application

10.4.5.2.3.           By Propulsion

10.4.5.2.4.           By Power Output

10.4.5.2.5.           By Vehicle Type

11.  South America Mining Equipment Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Category

11.2.2.  By Application

11.2.3.  By Propulsion

11.2.4.  By Power Output

11.2.5.  By Vehicle Type

11.2.6.  By Country

11.3.              Market Map (By Vehicle Type, By Country)

11.4.              South America: Country Analysis

11.4.1.  Brazil Mining Equipment Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value & Volume

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Category

11.4.1.2.2.           By Application

11.4.1.2.3.           By Propulsion

11.4.1.2.4.           By Power Output

11.4.1.2.5.           By Vehicle Type

11.4.2.  Colombia Mining Equipment Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value & Volume

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Category

11.4.2.2.2.           By Application

11.4.2.2.3.           By Propulsion

11.4.2.2.4.           By Power Output

11.4.2.2.5.           By Vehicle Type

11.4.3.  Argentina Mining Equipment Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value & Volume

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Category

11.4.3.2.2.           By Application

11.4.3.2.3.           By Propulsion

11.4.3.2.4.           By Power Output

11.4.3.2.5.           By Vehicle Type

11.4.4.  Peru Mining Equipment Market Outlook

11.4.4.1.      Market Size & Forecast

11.4.4.1.1.           By Value & Volume

11.4.4.2.      Market Share & Forecast

11.4.4.2.1.           By Category

11.4.4.2.2.           By Application

11.4.4.2.3.           By Propulsion

11.4.4.2.4.           By Power Output

11.4.4.2.5.           By Vehicle Type

11.4.5.  Chile Mining Equipment Market Outlook

11.4.5.1.      Market Size & Forecast

11.4.5.1.1.           By Value & Volume

11.4.5.2.      Market Share & Forecast

11.4.5.2.1.           By Category

11.4.5.2.2.           By Application

11.4.5.2.3.           By Propulsion

11.4.5.2.4.           By Power Output

11.4.5.2.5.           By Vehicle Type

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends and Developments

14.  Company Profiles

14.1.    Caterpillar Inc.

14.2.    Komatsu Ltd.

14.3.    Liebherr International AG

14.4.    Hitachi Ltd.

14.5.    Deere & Company

14.6.    Xuzhou Construction Machinery Group Co., Ltd. (XCMG)

14.7.    Doosan Heavy Industries & Construction Co., Ltd.

14.8.    SANY Group

14.9.    Volvo Construction Equipment AB

14.10.  JC Bamford Excavators Ltd.

15.  Strategic Recommendations

16.  About Us & Disclaimer

17.  List of Figures

Figures and Tables

Figure 1:                Global Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 2:                Global Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 3:                Global Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 4:                Global Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 5:                Global Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 6:                Global Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 7:                Global Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 8:                Global Mining Equipment Market Share, By Region, By Volume, 2016-2026F

Figure 9:                Global Mining Equipment Market Share, By Company, By Volume, 2020

Figure 10:              Global Mining Equipment Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 11:              Global Mining Equipment Market Map, By Region, Market Size (Thousand Units) & Growth Rate (%)

Figure 12:              Asia-Pacific Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 13:              Asia-Pacific Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 14:              Asia-Pacific Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 15:              Asia-Pacific Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 16:              Asia-Pacific Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 17:              Asia-Pacific Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 18:              Asia-Pacific Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 19:              Asia-Pacific Mining Equipment Market Share, By Country, By Volume, 2016-2026F

Figure 20:              Asia-Pacific Mining Equipment Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 21:              Asia-Pacific Mining Equipment Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%)

Figure 22:              China Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 23:              China Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 24:              China Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 25:              China Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 26:              China Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 27:              China Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 28:              China Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 29:              Australia Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 30:              Australia Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 31:              Australia Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 32:              Australia Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 33:              Australia Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 34:              Australia Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 35:              Australia Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 36:              India Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 37:              India Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 38:              India Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 39:              India Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 40:              India Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 41:              India Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 42:              India Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 43:              Indonesia Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 44:              Indonesia Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 45:              Indonesia Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 46:              Indonesia Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 47:              Indonesia Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 48:              Indonesia Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 49:              Indonesia Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 50:              Malaysia Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 51:              Malaysia Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 52:              Malaysia Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 53:              Malaysia Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 54:              Malaysia Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 55:              Malaysia Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 56:              Malaysia Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 57:              South Korea Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 58:               South Korea Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 59:               South Korea Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 60:               South Korea Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 61:               South Korea Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 62:               South Korea Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 63:               South Korea Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 64:               North America Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 65:               North America Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 66:               North America Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 67:               North America Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 68:               North America Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 69:               North America Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 70:               North America Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 71:               North America Mining Equipment Market Share, By Country, By Volume, 2016-2026F

Figure 72:               North America Mining Equipment Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 73:               North America Mining Equipment Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%)

Figure 74:               United States Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 75:               United States Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 76:               United States Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 77:              United States Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 78:              United States Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 79:              United States Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 80:              United States Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 81:              Canada Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 82:              Canada Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 83:              Canada Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 84:              Canada Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 85:              Canada Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 86:              Canada Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 87:              Canada Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 88:              Mexico Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 89:              Mexico Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 90:              Mexico Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 91:              Mexico Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 92:              Mexico Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 93:              Mexico Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 94:              Mexico Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 95:              Europe & CIS Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 96:              Europe & CIS Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 97:              Europe & CIS Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 98:              Europe & CIS Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 99:              Europe & CIS Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 100:            Europe & CIS Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 101:            Europe & CIS Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 102:            Europe & CIS Mining Equipment Market Share, By Country, By Volume, 2016-2026F

Figure 103:            Europe & CIS Mining Equipment Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 104:            Europe & CIS Mining Equipment Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%)

Figure 105:            Russia Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 106:            Russia Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 107:            Russia Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 108:            Russia Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 109:            Russia Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 110:            Russia Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 111:            Russia Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 112:            Germany Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 113:            Germany Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 114:            Germany Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 115:            Germany Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 116:            Germany Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 117:            Germany Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 118:            Germany Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 119:            Norway Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 120:            Norway Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 121:            Norway Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 122:            Norway Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 123:            Norway Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 124:            Norway Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 125:            Norway Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 126:            United Kingdom Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 127:            United Kingdom Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 128:            United Kingdom Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 129:            United Kingdom Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 130:            United Kingdom Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 131:            United Kingdom Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 132:            United Kingdom Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 133:            Uzbekistan Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 134:            Uzbekistan Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 135:            Uzbekistan Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 136:            Uzbekistan Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 137:            Uzbekistan Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 138:            Uzbekistan Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 139:            Uzbekistan Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 140:            France Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 141:            France Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 142:            France Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 143:            France Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 144:            France Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 145:            France Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 146:            France Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 147:            Sweden Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 148:            Sweden Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 149:            Sweden Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 150:            Sweden Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 151:            Sweden Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 152:            Sweden Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 153:            Sweden Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 154:            Middle East & Africa Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 155:            Middle East & Africa Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 156:            Middle East & Africa Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 157:            Middle East & Africa Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 158:            Middle East & Africa Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 159:            Middle East & Africa Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 160:            Middle East & Africa Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 161:            Middle East & Africa Mining Equipment Market Share, By Country, By Volume, 2016-2026F

Figure 162:            Middle East & Africa Mining Equipment Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 163:            Middle East & Africa Mining Equipment Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%)

Figure 164:            Saudi Arabia Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 165:            Saudi Arabia Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 166:            Saudi Arabia Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 167:            Saudi Arabia Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 168:            Saudi Arabia Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 169:            Saudi Arabia Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 170:            Saudi Arabia Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 171:            South Africa Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 172:            South Africa Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 173:            South Africa Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 174:            South Africa Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 175:            South Africa Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 176:            South Africa Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 177:            South Africa Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 178:            Iran Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 179:            Iran Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 180:            Iran Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 181:            Iran Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 182:            Iran Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 183:            Iran Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 184:            Iran Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 185:            UAE Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 186:            UAE Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 187:            UAE Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 188:            UAE Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 189:            UAE Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 190:            UAE Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 191:            UAE Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 192:            Qatar Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 193:            Qatar Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 194:            Qatar Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 195:            Qatar Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 196:            Qatar Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 197:            Qatar Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 198:            Qatar Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 199:            South America Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 200:            South America Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 201:            South America Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 202:            South America Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 203:            South America Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 204:            South America Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 205:            South America Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 206:            South America Mining Equipment Market Share, By Country, By Volume, 2016-2026F

Figure 207:            South America Mining Equipment Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 208:            South America Mining Equipment Market Map, By Country, Market Size (Thousand Units) & Growth Rate (%)

Figure 209:            Brazil Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 210:            Brazil Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 211:            Brazil Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 212:            Brazil Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 213:            Brazil Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 214:            Brazil Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 215:            Brazil Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 216:            Colombia Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 217:            Colombia Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 218:            Colombia Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 219:            Colombia Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 220:            Colombia Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 221:            Colombia Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 222:            Colombia Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 223:            Argentina Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 224:            Argentina Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 225:            Argentina Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 226:            Argentina Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 227:            Argentina Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 228:            Argentina Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 229:            Argentina Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 230:            Peru Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 231:            Peru Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 232:            Peru Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 233:            Peru Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 234:            Peru Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 235:            Peru Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 236:            Peru Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 237:            Chile Mining Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 238:            Chile Mining Equipment Market Size, By Value (USD Million), 2016-2026F

Figure 239:            Chile Mining Equipment Market Share, By Category, By Volume, 2016-2026F

Figure 240:            Chile Mining Equipment Market Share, By Application, By Volume, 2016-2026F

Figure 241:            Chile Mining Equipment Market Share, By Propulsion, By Volume, 2016-2026F

Figure 242:            Chile Mining Equipment Market Share, By Power Output, By Volume, 2016-2026F

Figure 243:        Chile Mining Equipment Market Share, By Vehicle Type, By Volume, 2016-2026F

Frequently asked questions

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Increase in mining activities and development in infrastructure over the years have resulted in highest share of the Asia Pacific region in the market. The region held the 37.21% market share in global mining equipment market in 2020 and is expected to continue to remain dominant in the future as well.

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The global mining equipment market is growing at a CAGR of 6.89% by volume in the upcoming years due to increase in mining activities

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The top 10 players in the global mining equipment market are Caterpillar Inc., Komatsu Ltd., Liebherr International AG, Hitachi Ltd., Deere & Company, Xuzhou Construction Machinery Group Co., Ltd. (XCMG), Doosan Heavy Industries & Construction Co., Ltd., SANY Group, Volvo Construction Equipment AB, JC Bamford Excavators Ltd.

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The adoption of robotic technologies is witnessing immense acceptance in the mining industry and is creating major growth opportunities for the market players in the global mining equipment market.

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Srishti Verma

Business Consultant
Press Release

Mining Equipment Market to Surpass USD 4545.54 Million by 2026

Dec, 2021

Increasing investment in infrastructural development & automobile production and surging mining activities across the world to drive global Mining Equipment market.