Underground Mining Equipment Market: Global Demand Analysis & Opportunity Outlook 2024

  • ID: 4594094
  • Report
  • Region: Global
  • 203 pages
  • Research Nester Pvt. Ltd
1 of 4

FEATURED COMPANIES

  • Boart Longyear
  • Caterpillar Inc.
  • J.H. Fletcher and Co.
  • Komatsu Ltd.
  • Normet Group
  • Sandvik AB
  • MORE
Global underground mining equipment market reached USD 18,700.0 Million in terms of value in 2016 and is expected to reach USD 30, 308.2 Million by the end of 2024, expanding at a CAGR of 6.5% over the forecast period i.e. 2017-2024. Further, growing real estate sector is anticipated to boost the demand for metals and energy which is likely to swell the growth of the underground mining equipment market over the forecast period.

Asia Pacific is slated to account for a leading share of 41.5% in the terms of value by 2024 in the underground mining equipment market. The growth in the region is anticipated to be fostered by the increasing demand and consumption of underground equipment by China and Australia. Besides, high consumption of metal and minerals in the region owing to the rapid urbanization in the region is also expected to impel the growth of underground mining equipment market in the Asia Pacific. China, Australia and India are the prominent countries in the region.

North America underground mining equipment market is expected to witness significant growth over the forecast period i.e. 2017-2024 by registering a CAGR of 5.2% over the forecast period. Further, the market is expected to reach USD 7,001.2 Million by 2024 from USD 4,787.2 Million in 2016.

Global underground mining equipment market is segmented on the basis of application into coal, metal and mineral. Coal underground mining equipment segment (38.5% share in 2016) occupies the largest market of underground mining equipment across the globe. Further, global underground mining equipment for coal underground mining equipment market is anticipated to reach USD 11,814.8 Million by the end of 2024 from USD 7,207.6 Million in 2016.

In addition to the application, market is further segmented into mining which is further segmented into longwall extraction, room and pillar extraction and others, out of which, longwall extraction segment with 61.6% market share is anticipated to have largest share by the end of 2024.

Global longwall extraction market is anticipated to flourish at a CAGR of 7.3% over the forecast period. Further, longwall extraction underground mining equipment is projected to achieve Y-o-Y growth rate of 9.3% in 2024 as compared to previous year.
READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Boart Longyear
  • Caterpillar Inc.
  • J.H. Fletcher and Co.
  • Komatsu Ltd.
  • Normet Group
  • Sandvik AB
  • MORE
1. Research Methodology

2. Executive Summary

3. Risk Analysis
3.1. Demand Risk
3.2. Supply Risk

4. Top Countries with Highest demand for Underground Mining Equipment Market- By Region
4.1. North America
4.2. Europe
4.3. Asia-Pacific
4.4. Middle East & Africa

5. Global Underground Mining Equipment Market Size (USD Million) and Forecast, 2016-2024

6. Market Dynamics & Its Impact Analysis
6.1. Growth Drivers
6.2. Challenges
6.3. Trends
6.4. Opportunities

7. Global Market Segmentation Analysis
7.1. By Mining Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.1.1. Longwall Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.1.2. Room and Pillar Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.1.3. Others Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.1.4. Market Attractiveness By Mining
7.1.5. BPS Analysis By Mining
7.2. By Application Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.2.1. Coal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.2.2. Metal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.2.3. Mineral Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.2.4. Market Attractiveness By Application
7.2.5. BPS Analysis By Application
7.3. By Region Market Size (USD Million), Y-O-Y Growth & Share Analysis (%), 2016-2024
7.3.1. North America Market Size (USD Million), Y-O-Y Growth & Share Analysis (%), 2016-2024
7.3.1.1. By Country
7.3.1.1.1. U.S. & Canada Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.1.1.2. Market Attractiveness By Country
7.3.1.1.3. BPS Analysis By Country
7.3.1.2. By Mining Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.1.2.1. Longwall Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.1.2.2. Room and Pillar Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.1.2.3. Others Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.1.2.4. Market Attractiveness By Mining
7.3.1.2.5. BPS Analysis By Mining
7.3.1.3. By Application Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.1.3.1. Coal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.1.3.2. Metal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.1.3.3. Mineral Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.1.3.4. Market Attractiveness By Application
7.3.1.3.5. BPS Analysis By Application
7.3.2. Latin America Market Size (USD Million), Y-O-Y Growth & Share Analysis (%), 2016-2024
7.3.2.1. By Country
7.3.2.1.1. Brazil, Mexico & Rest of Latin-America Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.2.1.2. Market Attractiveness By Country
7.3.2.1.3. BPS Analysis By Country
7.3.2.2. By Mining Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.2.2.1. Longwall Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.2.2.2. Room and Pillar Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.2.2.3. Others Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.2.2.4. Market Attractiveness By Mining
7.3.2.2.5. BPS Analysis By Mining
7.3.2.3. By Application Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.2.3.1. Coal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.2.3.2. Metal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.2.3.3. Mineral Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.2.3.4. Market Attractiveness By Application
7.3.2.3.5. BPS Analysis By Application
7.3.3. Europe Market Size (USD Million) & Y-O-Y Growth & Share Analysis (%), 2016-2024
7.3.3.1. By Country
7.3.3.1.1. UK, Germany & BENELUX Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.1.2. France, Italy & Spain Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.1.3. Russia, Poland & Rest of Europe Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.1.4. Market Attractiveness By Country
7.3.3.1.5. BPS Analysis By Country
7.3.3.2. By Mining Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.2.1. Longwall Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.2.2. Room and Pillar Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.2.3. Others Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.2.4. Market Attractiveness By Mining
7.3.3.2.5. BPS Analysis By Mining
7.3.3.3. By Application Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.3.1. Coal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.3.2. Metal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.3.3. Mineral Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.3.3.4. Market Attractiveness By Application
7.3.3.3.5. BPS Analysis By Application
7.3.4. Asia Pacific Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.1. By Country
7.3.4.1.1. China & India Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.1.2. Japan & Australia Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.1.3. New Zealand, Singapore & Rest of Asia Pacific Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.1.4. Market Attractiveness By Country
7.3.4.1.5. BPS Analysis By Country
7.3.4.2. By Mining Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.2.1. Longwall Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.2.2. Room and Pillar Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.2.3. Others Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.2.4. Market Attractiveness By Mining
7.3.4.2.5. BPS Analysis By Mining
7.3.4.3. By Application Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.3.1. Coal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.3.2. Metal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.3.3. Mineral Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.4.3.4. Market Attractiveness By Application
7.3.4.3.5. BPS Analysis By Application
7.3.5. Middle East & Africa Market Size (USD Million) & Y-O-Y Growth & Share Analysis (%), 2016-2024
7.3.5.1. By Country
7.3.5.1.1. GCC & North Africa Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.5.1.2. South Africa & Rest of Middle East & Africa Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.5.1.3. Market Attractiveness By Country
7.3.5.1.4. BPS Analysis By Country
7.3.5.2. By Mining Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.5.2.1. Longwall Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.5.2.2. Room and Pillar Extraction Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.5.2.3. Others Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.5.2.4. Market Attractiveness By Mining
7.3.5.2.5. BPS Analysis By Mining
7.3.5.3. By Application Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.5.3.1. Coal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.5.3.2. Metal Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.5.3.3. Mineral Market Value (USD Million) & Y-O-Y Growth Analysis (%), 2016-2024
7.3.5.3.4. Market Attractiveness By Application
7.3.5.3.5. BPS Analysis By Application

8. Porter’s Five Force Model Analysis

9. Competitive Landscape
9.1. Company Profiles
9.1.1. Komatsu Ltd.
9.1.1.1.1. Company Overview
9.1.1.1.2. Financial Performance
9.1.1.1.3. Key Industry Offerings
9.1.1.1.4. Business Strategy
9.1.2. Hitachi Construction Machinery Co., Ltd.
9.1.3. Boart Longyear
9.1.4. thyssenkrupp AG
9.1.5. J.H. Fletcher & Co., Inc.
9.1.6. Sandvik AB
9.1.7. Caterpillar Inc.
9.1.8. Atlas Copco AB
9.1.9. SANY GROUP
9.1.10. Normet Group
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • Komatsu Ltd.
  • Hitachi Construction Machinery
  • Boart Longyear
  • thyssenkrup
  • Sandvik AB
  • Caterpillar Inc.
  • SANY Group
  • Normet Group
  • J.H. Fletcher and Co.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll