Mining Remanufacturing Components - Global Strategic Business Report

Global Mining Remanufacturing Components Market to Reach $6.2 Billion by 2030

The global market for Mining Remanufacturing Components estimated at US$3.8 Billion in the year 2022, is projected to reach a revised size of US$6.2 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2022-2030. Hydraulic Cylinder, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$2.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Engine segment is readjusted to a revised 5.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 9.2% CAGR

The Mining Remanufacturing Components market in the U.S. is estimated at US$1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Select Competitors (Total 38 Featured) -

• Atlas Copco
• Axletech
• Brake Supply
• Cardinal Mining Equipment
• Caterpillar Inc.
• Detroit Reman
• Epiroc
• Hitachi Construction Machinery
• Hydraulex
• JCB
• John Deere
• Komatsu Limited
• Liebherr Group
• Pivot Equipment Parts
• PT Sanggar Sarana Baja
• Sandvik
• SRC Holdings Corporation
• Swanson Industries
• Volvo Construction Equipment

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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