This report studies the Global Mining Equipment Market status and forecast, categorizes the global Mining Equipment Market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Los Angeles, CA -- (SBWIRE) -- 02/06/2019 -- The Mining Equipment includes the consumption of underground mining equipment and surface mining equipment, such as crushing, pulverizing and screening machinery, portable drilling rigs and parts, portable crushing, screening, washing and combination plants, drills and other machinery (except parts). This report only covers solid mining, oil and gas is not included.
The Major regions to produce mining equipment are Asia-Pacific, North America, Europe, South America and Africa, which accounting for more than 85 % of sales value in total. Asia-Pacific is the largest sales region (sales value share 29.88% in 2015), followed by North America. The market is relatively scattered. The global leading players in this market are Caterpillar, Komatsu, AB Volvo, Hitachi Construction and Joy Global(P&H), which only have about 35% market share.
The global Mining Equipment market is valued at 54900 million US$ in 2018 is expected to reach 80700 million US$ by the end of 2025, growing at a CAGR of 5.0% during 2019-2025.
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The following manufacturers are covered: Caterpillar, Komatsu, AB Volvo, Hitachi Construction, Joy Global(P&H), Sandvik, Atlas Copco, Metso, Thyssenkrupp, Liebherr, Terex Mining, Kawasaki, Zhengzhou Coal Mining Machinery, Weir Group, FLSmidth, Tenova TAKRAF, Doosan, SANYI, NHI, Furukawa
As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. Currently, the Chinese Mining Equipment industry needs to transit to high-end products, this industry still has considerable development prospects in China.
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Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field. In the next five years, the sales volume and revenue will slowly recovery.At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Segment by Type: Underground Mining Equipment, Surface Mining Equipment, Mining Drills and Breakers, Crushing, Pulverizing and Screening Equipment
Segment by Application : Metal Mining, Mineral Mining, Coal Mining
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