Mining Equipment Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2021 – 2025
The global Mining Equipment Market is estimated to reach USD 284.93 billion by 2025 due to the rise in demand for control technologies for mineral extraction maneuvers. The industry players are drawing upon adopting core motion and control technologies to operate accurate, dependable and efficient. They are keen on profiling unmatchable breadth of technological components to surge their profitability in terms of delivering value-added services catering to their customer needs. Modern-day technology has improved assembly time to make machine navigation guide easier to understand.
By product type, the
market can be segmented into underground mining machinery, drills and breakers,
mineral processing machinery, surface mining machinery, crushing, pulverizing,
and screening equipment, and parts and attachments. Based on application
industries, the market has been categorized into metal, coal, and mineral. The
mining equipment market has been split by function type, which includes
transportation, excavation, and processing.
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In order to study the
span of the industry, the mining equipment market has been geographically
segmented into the five key regions of North America, Europe, the Asia Pacific,
the Middle East, and Africa, and Latin America. The market adoption has been
bolstered across Asia Pacific and Latin America due to the increasing demand
for metals in heavy-duty industries. The industry players are bringing in
fuel-efficient devices so as to cater to lower diesel consumption levels.
The mining equipment
industry is highly fragmented with the presence of major players such as
Caterpillar, Inc., Komatsu Ltd., Metso Corporation, Atlas Copco AB, CNH
Industrial NV, Sandvik AB, Hitachi Co., Doosan Group, Ltd., AB Volvo, Liebherr
Group, Bell Equipment Limited, Astec Industries Incorporated, China Coal Energy
Company Limited, Corum Group, Bradken Limited, Hyundai Heavy Industries Company
Limited, RCR Tomlinson Limited, Kopex SA, Terex Corporation, Techint Group, and
Wirtgen Group Holding GmbH, among others.
Numerous research and
development activities have made ground-breaking innovation and design that
have helped in minimizing the costs of emerging systems maintenance solutions,
Disposal, and energy consumption.
KGHM ZANAM S.A. is a
polish manufacturer of mining machinery and equipment such as steel structures,
crushers, castings, shaft equipment, conveyor belts, etc. They also deliver
their services to underground zinc, lead and salt mines. Also, depending on
customer needs and operating conditions, KGHM ZANAM S.A. offers a weighing
system for a remotely operated fire-extinguisher and transported material. Haul
trucks are yet another push-out unloading system that maneuvers transported
outputs and are increasing the efficiency of narrow mine headings.
Mining Equipment Application Outlook (Revenue, USD Billion, 2014 -
2025)
• Metal Mining
• Non-Metal Mining
• Coal Mining
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Market Report with TOC @ https://www.millioninsights.com/industry-reports/mining-equipment-market-size
Table of Contents
Chapter 1 Report Scope
Chapter 2 Methodology
Chapter 3 Objective
Chapter 4 Executive
Summary
Chapter 5 Market
Definitions
Chapter 6 Industry
Outlook
Chapter 7 Regulatory and
Political Forces
Chapter 8 Mining
Equipment Market - Competitive and Vendor Landscape
Chapter 9 Mining
Equipment Market Equipment Outlook
Chapter 10 Mining
Equipment Market Application Outlook
Chapter 11 Mining
Equipment Regional Outlook
Chapter 12 Competitive
Landscape
Chapter 13 KOL Commentary
Chapter 14 Recommendation
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