global mining equipment market size, share & forecast 2026

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MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com GLOBAL MINING EQUIPMENT MARKET FORECAST & OPPORTUNITIES 2016 2026

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global mining equipment market is anticipated to reach 46.79 thousand units by 2026 because of continuous demand of metal, mineral and coal from all around the world. Coal is responsible for over 36% of global electrical generation. Coal is also utilized in the manufacturing of metals, cement, gasification and liquefaction, chemical manufacture, and other sectors. Due to several applications and production requirements, the coal mines use large number of mining machines in comparison to other categories. Click : https://bit.ly/3p2xbEu

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Page 1: Global Mining Equipment Market Size, Share & Forecast 2026

MARKET INTELLIGENCE . CONSULTINGwww.techsciresearch.com

GLOBAL MINING EQUIPMENT MARKETFORECAST & OPPORTUNITIES

2016 – 2026

Page 2: Global Mining Equipment Market Size, Share & Forecast 2026

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Scope of ReportProduct of Interest (POI): Mining Equipment

Review Period

2016 – 2019

Base Year

2020

Estimated Year

2021

Forecast Period

2022 – 2026

Year Range

REGION

• Asia-Pacific

• Europe

• North America

• South America

• Middle East & Africa

Equipment and machineries that are used for various mining activities are termed asmining equipment. Different type of mining equipment include electric shovels,crawler excavators, crawler dozers, articulate dump truck and mining trucks, amongothers.

Market Segmentation

PROPULSION

• Diesel

• CNG/LNG

• Electric

VEHICLE TYPE

• Articulate Dump Trucks

• Crawler Dozers

• Crawler Excavators

• Motor Graders

• Rigid Dump Trucks

• Drills

• Electric Shovels

• Hydraulic Excavators

• Mining Dozers

• Mining Trucks

• Wheeled Loaders

• Others

POWER OUTPUT

• <500HP

• 500HP-2000HP

• >2000HP

CATEGORY

• Crushing

• Pulverizing

• Screening

• Mineral Processing

• Surface & Underground

APPLICATION

• Metal

• Mineral

• Coal

• Others

Page 3: Global Mining Equipment Market Size, Share & Forecast 2026

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Table of Contents

S. No. Contents Page No.

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

4.1. Factors Influencing Purchase Decision

4.2. Brand Awareness

4.3. Challenges Faced Post Purchasing

5. Global Mining Equipment Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

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

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

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

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

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

5.2.6. By Company (2020)

5.2.7. By Region

5.3. Product Market Map

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Table of Contents

S. No. Contents Page No.

6. Asia-Pacific 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

6.2.2. By Application

6.2.3. By Propulsion

6.2.4. By Power Output

6.2.5. By Vehicle Type

6.2.6. By Country

6.3. Asia-Pacific: Country Analysis

6.3.1. China Mining Equipment Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value & Volume

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Category

6.3.1.2.2. By Application

6.3.1.2.3. By Propulsion

6.3.1.2.4. By Power Output

6.3.1.2.5. By Vehicle Type

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S. No. Contents Page No.

6.3.2. India Mining Equipment Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value & Volume

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Category

6.3.2.2.2. By Application

6.3.2.2.3. By Propulsion

6.3.2.2.4. By Power Output

6.3.2.2.5. By Vehicle Type

6.3.3. Indonesia Mining Equipment Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value & Volume

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Category

6.3.3.2.2. By Application

6.3.3.2.3. By Propulsion

6.3.3.2.4. By Power Output

6.3.3.2.5. By Vehicle Type

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6.3.4. Malaysia Mining Equipment Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value & Volume

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Category

6.3.4.2.2. By Application

6.3.4.2.3. By Propulsion

6.3.4.2.4. By Power Output

6.3.4.2.5. By Vehicle Type

6.3.5. South Korea Mining Equipment Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value & Volume

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Category

6.3..2.2. By Application

6.3.5.2.3. By Propulsion

6.3.5.2.4. By Power Output

6.3.5.2.5. By Vehicle Type

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6.3.6. Australia Mining Equipment Market Outlook

6.3.6.1. Market Size & Forecast

6.3.6.1.1. By Value & Volume

6.3.6.2. Market Share & Forecast

6.3.6.2.1. By Category

6.3.6.2.2. By Application

6.3.6.2.3. By Propulsion

6.3.6.2.4. By Power Output

6.3.6.2.5. By Vehicle Type

7. Europe 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. Europe: Country Analysis

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7.3.1. France Mining Equipment Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value & Volume

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Category

7.3.1.2.2. By Application

7.3.1.2.3. By Propulsion

7.3.1.2.4. By Power Output

7.3.1.2.5. By Vehicle Type

7.3.2. Germany Mining Equipment Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value & Volume

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Category

7.3.2.2.2. By Application

7.3.2.2.3. By Propulsion

7.3.2.2.4. By Power Output

7.3.2.2.5. By Vehicle Type

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7.3.3. United Kingdom Mining Equipment Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value & Volume

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Category

7.3.3.2.2. By Application

7.3.3.2.3. By Propulsion

7.3.3.2.4. By Power Output

7.3.3.2.5. By Vehicle Type

7.3.4. Sweden Mining Equipment Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value & Volume

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Category

7.3.4.2.2. By Application

7.3.4.2.3. By Propulsion

7.3.4.2.4. By Power Output

7.3.4.2.5. By Vehicle Type

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7.3.5. Norway Mining Equipment Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value & Volume

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Category

7.3..2.2. By Application

7.3.5.2.3. By Propulsion

7.3.5.2.4. By Power Output

7.3.5.2.5. By Vehicle Type

7.3.6. Russia Mining Equipment Market Outlook

7.3.6.1. Market Size & Forecast

7.3.6.1.1. By Value & Volume

7.3.6.2. Market Share & Forecast

7.3.6.2.1. By Category

7.3.6.2.2. By Application

7.3.6.2.3. By Propulsion

7.3.6.2.4. By Power Output

7.3.6.2.5. By Vehicle Type

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7.3.7. Uzbekistan Mining Equipment Market Outlook

7.3.7.1. Market Size & Forecast

7.3.7.1.1. By Value & Volume

7.3.7.2. Market Share & Forecast

7.3.7.2.1. By Category

7.3.7.2.2. By Application

7.3.7.2.3. By Propulsion

7.3.7.2.4. By Power Output

7.3.7.2.5. 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. North America: Country Analysis

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8.3.1. United States Mining Equipment Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value & Volume

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Category

8.3.1.2.2. By Application

8.3.1.2.3. By Propulsion

8.3.1.2.4. By Power Output

8.3.1.2.5. By Vehicle Type

8.3.2. Mexico Mining Equipment Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value & Volume

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Category

8.3.2.2.2. By Application

8.3.2.2.3. By Propulsion

8.3.2.2.4. By Power Output

8.3.2.2.5. By Vehicle Type

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8.3.3. Canada Mining Equipment Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value & Volume

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Category

8.3.3.2.2. By Application

8.3.3.2.3. By Propulsion

8.3.3.2.4. By Power Output

8.3.3.2.5. By Vehicle Type

9. South America 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. South America: Country Analysis

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9.3.1. Brazil Mining Equipment Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value & Volume

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Category

9.3.1.2.2. By Application

9.3.1.2.3. By Propulsion

9.3.1.2.4. By Power Output

9.3.1.2.5. By Vehicle Type

9.3.2. Argentina Mining Equipment Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value & Volume

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Category

9.3.2.2.2. By Application

9.3.2.2.3. By Propulsion

9.3.2.2.4. By Power Output

9.3.2.2.5. By Vehicle Type

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9.3.3. Colombia Mining Equipment Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value & Volume

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Category

9.3.3.2.2. By Application

9.3.3.2.3. By Propulsion

9.3.3.2.4. By Power Output

9.3.3.2.5. By Vehicle Type

9.3.4. Peru Mining Equipment Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value & Volume

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Category

9.3.4.2.2. By Application

9.3.4.2.3. By Propulsion

9.3.4.2.4. By Power Output

9.3.4.2.5. By Vehicle Type

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9.3.5. Chile Mining Equipment Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value & Volume

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Category

9.3.5.2.2. By Application

9.3.5.2.3. By Propulsion

9.3.5.2.4. By Power Output

9.3.5.2.5. 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. Middle East & Africa: Country Analysis

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10.3.1. UAE Mining Equipment Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value & Volume

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Category

10.3.1.2.2. By Application

10.3.1.2.3. By Propulsion

10.3.1.2.4. By Power Output

10.3.1.2.5. By Vehicle Type

10.3.2. Saudi Arabia Mining Equipment Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value & Volume

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Category

10.3.2.2.2. By Application

10.3.2.2.3. By Propulsion

10.3.2.2.4. By Power Output

10.3.2.2.5. By Vehicle Type

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10.3.3. South Africa Mining Equipment Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value & Volume

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Category

10.3.3.2.2. By Application

10.3.3.2.3. By Propulsion

10.3.3.2.4. By Power Output

10.3.3.2.5. By Vehicle Type

10.3.4. Qatar Mining Equipment Market Outlook

10.3.4.1. Market Size & Forecast

10.3.4.1.1. By Value & Volume

10.3.4.2. Market Share & Forecast

10.3.4.2.1. By Category

10.3.4.2.2. By Application

10.3.4.2.3. By Propulsion

10.3.4.2.4. By Power Output

10.3.4.2.5. By Vehicle Type

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10.3.5. Egypt Mining Equipment Market Outlook

10.3.5.1. Market Size & Forecast

10.3.5.1.1. By Value & Volume

10.3.5.2. Market Share & Forecast

10.3.5.2.1. By Category

10.3.5.2.2. By Application

10.3.5.2.3. By Propulsion

10.3.5.2.4. By Power Output

10.3.5.2.5. By Vehicle Type

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

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

14. Competitive Landscape

14.1. Competition Outlook

14.2. Players Profiled (Leading Companies)

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S. No. Contents Page No.

14.2.1. Company Details

14.2.2. Products & Services

14.2.3. Financials (As Reported)

14.2.4. Key Market Focus & Geographical Presence

14.2.5. Recent Developments

14.2.6. Key Management Personnel

15. Strategic Recommendations

16. About Us & Disclaimer

Page 21: Global Mining Equipment Market Size, Share & Forecast 2026

RESEARCH METHODOLOGY

Page 22: Global Mining Equipment Market Size, Share & Forecast 2026

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Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in the global mining

equipment market, overall market size and segmental

market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about the global mining

equipment market.

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

Page 23: Global Mining Equipment Market Size, Share & Forecast 2026

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Research Methodology

Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of the global mining equipment market. The team has

analyzed the outlook of various segments of this market, while considering the major influencing factors such as on account of surging demand

for coal and metals, globally. The study includes market forecasting, which would enable our clients to take better decisions while planning

their strategy to achieve sustainability in the global mining equipment market.

Methodology Followed for Calculation of Market Size:

• Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2020 was calculated based on information collected

through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as mining equipment

companies, channel partners, market influencers & end-users, industry experts, and other industry participants.

• The team interviewed more than 15 – 20 mining equipment companies, 100 – 120 end-users, and 15 – 20 industry experts and other value

chain stakeholders in the global mining equipment market to obtain the overall market size from 2016 to 2020, which was validated by the

Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during

2016-2020.

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Research Methodology

• Respondents were asked about the current and future market growth rates, market shares by vehicle type, by size, by application, by

company and by region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares

generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various

segments were further triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:

• Market share by vehicle type, by size, by application, by company and by region were calculated based on the responses received through

primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various

segments of mining equipment markets. The final shares were calculated by taking the geometric mean of the responses gathered from key

opinion leaders after eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in

SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global

mining equipment market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

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Research Methodology

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research

also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It

should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the

United States Dollar (USD), with the market size indicated in USD million.

Partial List of Companies Interviewed Key Secondary Sources

• Caterpillar

• Komatsu Ltd.

• Liebherr International AG

• Hitachi Ltd.

• Deere & Company

• XCMG Group

• Doosan corporation

• Sany Heavy Industry Co., Ltd.

• AB Volvo

• JC Bamford Excavators Ltd.

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ News Dailies

▪ Credible Paid Databases

Page 26: Global Mining Equipment Market Size, Share & Forecast 2026

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Industry brief

Continuous demand for mechanisation in coal and metals mining to drive the growth of the global mining equipment market through 2026.

According to TechSci Research report, “Global Mining Equipment Market By Category (Crushing, Pulverising, 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 (Articulate 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, Competition, Forecast & Opportunities, 2026”, global mining

equipment market is anticipated to reach 46.79 thousand units by 2026 because of continuous demand of metal, mineral and coal from all around the world.

Coal is responsible for over 36% of global electrical generation. Coal is also utilized in the manufacturing of metals, cement, gasification and liquefaction,

chemical manufacture, and other sectors. Due to several applications and production requirements, the coal mines use large number of mining machines in

comparison to other categories. Global mining equipment was impacted heavily by COVID-19 as the market fell by more than 11% in 2020 compared to 2019.

Also, the market in 2019 decreased by 2.35% because of decrease in private equity which negatively impacted the mining equipment’s sales. With over 37%

share, Asia-Pacific dominates the global mining equipment market. In Asia-Pacific, China itself has a share of more than 37% and approximately 14% globally.

China is also the leading producer of coal in the world having a share of 46.7% of global production. Due to these factors, the consumption of mining equipment

in China is more and expected to dominate in forecast period. Asia-Pacific is followed by North America with more than 20% share in the global mining

equipment market. The United States has the majority of share of more than 70% in North America. The United States is the leading producer of Sulphur, soda

ash and beryllium. Also, the United States is the third largest producer of gold and copper in the world. In Europe & CIS, Germany has the largest share of

23.09% mining equipment sales, basically due to heavy production of lignite and potash. In Middle East & Africa, Saudi Arabia has the largest share of 29.30%

because of presence of gold, copper, and potassium in the country. Based on region, North America was followed by Europe & CIS, Middle East & Africa and

South America with 19.75%,14.11% and 8.75%, respectively.

Global mining equipment market can be segmented based on category, application, propulsion, power output, vehicle type and region. Based on category type,

surface & underground have the majority of share because coal and minerals are extracted with the help of this type of mining. Hence, the surface &

underground segment has the majority share in category type. In application type, the demand for mining equipment in coal mining is more than 50% because of

heavy dependency of world on coal for electricity generation. In propulsion type, diesel-based equipment are leading from more than 90% but the electric based

mining equipment are forecast to increase at a CAGR of 11.94% by 2026. In power output segment, the vehicle with below 500HP power has the share of more

than 40% followed by vehicle of power output 500-2000HP. In vehicle type, electric shovels have the share of above 10% because of use in coal mines for

loading and extraction processes followed by hydraulic excavators and mining dozers. The share of vehicle is majorly dominated by the load carrying vehicles

like dozers, dump trucks, etc.

Caterpillar, Komatsu Ltd., Hitachi Ltd., Deere & Company, Liebherr, etc., are among some of the leading players operating in the global mining equipment

market. Apart from these companies, XCMG Group, Doosan Corporation, Sany Group, AB Volvo and JC Bamford Excavators Ltd. are the key players

developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers and

acquisitions, new product developments and also increase their marketing activities and enriching product portfolio globally to increase their customer

outreach.

“In 2020, Asia-Pacific accounted for the largest share i.e., 37.21% in global mining equipment market and it is expected to dominate in the forecast period also.

Asia-pacific is leading the global mining equipment market because of increase in mining activities in China. China itself has a share of approximately 14% ofglobal mining equipment sales.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Page 27: Global Mining Equipment Market Size, Share & Forecast 2026

27

Sample Data - Snapshot

Global Mining Equipment Market Size, By Value (USD Million) & Volume (Thousand Units), 2016-2026F

5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00

10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00 100.00 110.00

2016 2020 2021E 2026F

By Value (USD Million)

By Volume (Thousand Units)

CAGR By Value & Volume

XX%CAGR By Value & Volume

YY%

North America Mining Equipment Market Share, By Category, By Volume, 2016–2026F

20%20%20%20%20%20%20%20%20%20%20%

20%20%20%20%20%20%20%20%20%20%20%

20%20%20%20%20%20%20%20%20%20%20%

20%20%20%20%20%20%20%20%20%20%20%

20%20%20%20%20%20%20%20%20%20%20%

2016

2017

2018

2019

2020

2021E

2022F

2023F

2024F

2025F

2026F

Crushing Pulverizing Screening Mineral Processing Surface & Underground

United States Mining Equipment Market Share, By Propulsion, By

Volume, 2016–2026F

33%33%33%33%33%33%33%33%33%33%33%

33%33%33%33%33%33%33%33%33%33%33%

34%34%34%34%34%34%34%34%34%34%34%

2016

2018

2020

2022F

2024F

2026F

Diesel CNG/LNG Electric

United States Mining Equipment Market Share, By Power

Output, By Volume, 2016–2026F

33%33%33%33%33%33%33%33%33%33%33%

33%33%33%33%33%33%33%33%33%33%33%

34%34%34%34%34%34%34%34%34%34%34%

2016

2017

2018

2019

2020

2021E

2022F

2023F

2024F

2025F

2026F

<500HP 500HP-2000HP >2000HP

Page 28: Global Mining Equipment Market Size, Share & Forecast 2026

28

Report Ordering

Report Name: GLOBAL MINING EQUIPMENT MARKET

FORECAST & OPPORTUNITIES

2016 – 2026

To View Sample OR Purchase Report

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Single User License $4900

Multi-User License $5900

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Page 29: Global Mining Equipment Market Size, Share & Forecast 2026

About Us & Disclaimer

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number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The

proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’

model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market.

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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considersreliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors oromissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of thisreport. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative marketsize and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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