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iCrowdNewswire Oct 29, 2020 12:29 AM ET

Mining Equipment Market WILL HIT BIG REVENUES IN FUTURE | AB Volvo, Caterpillar Inc., Deere & Company, Doosan Corporation


iCrowd Newswire - Oct 29, 2020

The ‘ Mining Equipment market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Mining Equipment market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Mining Equipment market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence.

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COVID-19 has had a massive impact on society since the beginning of 2020. This report considers the impact of COVID-19 and the economic slowdown created due to lockdown in various countries. The report discusses technological factors, competitive factors and economic trends affecting the market. A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

The global mining equipment market size was valued at $121,694.3 million in 2019, and is expected to reach $165,827.8 million by 2027, growing at a CAGR of 5.7% from 2020 to 2027.

Mining equipment is used for extraction of coal, minerals, and metals from earth. Mining is an important sector of the world economy and the main products extracted during mining include petroleum, coal, natural gas, and water, in addition to various substances such as uranium, diamond, stone, rock, various chemicals, and geologically deposited substances. Mining equipment includes mining drills, earth movers, crushing equipment, dump trucks, wheel loaders, motor graders, and scrapers.

The major factors that boost demand for mining equipment include increase in demand for underground mining equipment and surge in consumption of natural resources in electronics industry. Moreover, rise in need for mineral fertilizers to improve agricultural yield is expected to drive growth of the global mining equipment market. However, strict government regulations and environmental regulations on mining activities are anticipated to restrain growth of the global market. However, rise in demand for technologically advanced mining equipment is expected to provide lucrative opportunities for growth of the global market during the forecast period.

The global mining equipment market is segmented on the basis of equipment type, application, and region. By type, it is categorized into mineral processing equipment (portable and stationary), surface mining equipment (articulated dump truck, crawler dozer, crawler excavator, and others), underground mining equipment (hydraulic excavators, mining dozers, underground haulers, and others), mining drills & breakers, crushing, pulverizing, & screening equipment (stationary, portable), and others. By application, it is segmented into metal mining, mineral mining, and coal mining. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is anticipated to be the largest market for mining equipment during the forecast period. India, Australia, and China are expected to be the main revenue-generating countries in Asia-Pacific.

COMPETITION ANALYSIS

The companies profiled in the report are AB Volvo, Caterpillar Inc., Deere & Company, Doosan Corporation, Epiroc AB, Hitachi, Ltd., Komatsu Ltd., Liebherr-International AG, Metso Corporation, and Sandvik AB.

Prominent vendors such as Caterpillar, Komatsu, and Volvo CE deal in advanced mining trucks to stimulate their market growth. For instance, articulated trucks by Caterpillar offers features such as automotive style comfort, simple operation, combined service points, and extended service intervals, thereby, letting users/miners to focus on work expending less time and capital on servicing.

KEY BENEFITS FOR STAKEHOLDERS

The report provides an extensive analysis of the current and emerging global mining equipment market trends and dynamics.

In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2019 and 2027.

Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

A comprehensive mining equipment market opportunity analysis of all the countries is also provided in the report.

The global mining equipment market forecast analysis from 2020 to 2027 is included in the report.

The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industry.

The report also provides market share analysis for the key players in different regions and segments for 2019.

GLOBAL MINING EQUIPMENT MARKET SEGMENTS

BY TYPE

– Mineral Processing Equipment

o Portable

o Stationary

– Surface Mining Equipment

o Articulated dump truck

o Crawler dozer

o Crawler excavator

o Others

– Underground Mining Equipment

o Hydraulic excavators

o Mining dozers

o Underground haulers

o Others

– Mining Drills & Breakers

o Drills

o Breakers

– Crushing, Pulverizing & Screening Equipment

o Portable

o Stationary

– Others

BY APPLICATION

– Metal Mining

– Mineral Mining

– Coal Mining

KEY PLAYERS

– AB Volvo

– Caterpillar Inc.

– Deere & Company

– Doosan Corporation

– Epiroc AB

– Hitachi, Ltd.

– Komatsu Ltd

– Liebherr-International AG

– Metso Corporation

– Sandvik AB

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

Impact of COVID-19 on the Global Market

The research report compiled by Report Ocean offers the study of market opportunities and market impact that are created due to the COVID-19 pandemic. The detailed research report is focused upon all direct and indirect impact of COVID-19 with new product launches, pipeline analysis, supply chain overview, government regulations, strategies adopted by related market players and upcoming vaccines and drug status. Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.(*If you have any special requirements, please let us know and we will offer you the report as you want.)

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Furthermore, the years considered for the study are as follows:

Historical year – 2014-2019 | Base year – 2019 | Forecast period** – 2020 to 2025 [** unless otherwise stated]

Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

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Key Points Covered in Mining Equipment Market Report: Study Explore COVID 19 Outbreak Impact Analysis

Chapter 1:Introduction

1.1.Report Description

1.2.Key Market Segments

1.3.Research Methodology

1.3.1.Secondary Research

1.3.2.Primary Research

1.3.3.Analyst Tools & Models

Chapter 2:Executive Summary

2.1.Cxo Perspective

Chapter 3:Market Overview

3.1.Market Definition And Scope

3.2.Key Findings

3.2.1.Top Investment Pockets

3.2.2.Top Winning Strategies

3.3.Porter’s Five Forces Analysis

3.4.Key Player Positioning

3.5.Market Share Analysis, 2019 (%)

3.5.1.Mineral Processing Equipment

3.5.1.1.Portable

3.5.1.2.Stationary

3.5.2.Surface Mining Equipment

3.5.2.1.Articulated Dump Truck

3.5.2.2.Crawler Dozer

3.5.2.3.Crawler Excavator

3.5.2.4.Others

3.5.3.Underground Mining Equipment

3.5.3.1.Hydraulic Excavators

3.5.3.2.Mining Dozers

3.5.3.3.Underground Haulers

3.5.3.4.Others

3.5.4.Mining Drills And Breakers

3.5.4.1.Drills

3.5.4.2.Breakers

3.5.5.Crushing, Pulverizing, And Screening Equipment

3.5.5.1.Portable

3.5.5.2.Stationary

3.5.6.Coal Mining Equipment Market

3.5.7.Metal Mining Equipment Market

3.5.8.Mineral Mining Equipment

3.5.9.North America Mining Equipment

3.5.10.Europe Mining Equipment

3.5.11.Asia-Pacific Mining Equipment

3.5.12.Lamea Mining Equipment

3.6.Market Dynamics

3.6.1.Drivers

3.6.1.1.Increase In Demand For Underground Mining Equipment

3.6.1.2.Surge In Consumption Of Natural Resources In Electronics Industry

3.6.1.3.Growth In Need For Mineral Fertilizers

3.6.2.Restraints

3.6.2.1.Strict Government Regulations And Tariffs

3.6.2.2.Inadequate Infrastructure For Crushing & Screening Industry

3.6.3.Opportunity

3.6.3.1.Rise In Demand For Technologically Advanced Mining Equipment

3.7.Covid-19 Impact Analysis

Chapter 4:Mining Equipment Market, By Type

4.1.Market Overview

4.1.1.Market Size And Forecast, By Type

4.2.Mineral Processing Equipment

4.2.1.Key Market Trends, Growth Factors, And Opportunities

4.2.2.Market Size And Forecast, By Region

4.2.3.Market Size And Forecast, By Type

4.2.3.1.Stationary

4.2.3.1.1.Market Size And Forecast, By Region

4.2.3.2.Portable

4.2.3.2.1.Market Size And Forecast, By Region

4.3.Surface Mining Equipment

4.3.1.Key Market Trends, Growth Factors, And Opportunities

4.3.2.Market Size And Forecast, By Region

4.3.3.Market Size And Forecast, By Type

4.3.3.1.Articulated Dump Truck

4.3.3.1.1.Market Size And Forecast, By Region

4.3.3.2.Crawler Dozers

4.3.3.2.1.Market Size And Forecast, By Region

4.3.3.3.Crawler Excavator

4.3.3.3.1.Market Size And Forecast, By Region

4.3.3.4.Others

4.3.3.4.1.Market Size And Forecast, By Region

4.4.Underground Mining Equipment

4.4.1.Key Market Trends, Growth Factors, And Opportunities

4.4.2.Market Size And Forecast, By Region

4.4.3.Market Size And Forecast, By Type

4.4.3.1.Hydraulic Excavators

4.4.3.1.1.Market Size And Forecast, By Region

4.4.3.2.Mining Dozers

4.4.3.2.1.Market Size And Forecast, By Region

4.4.3.3.Underground Haulers

4.4.3.3.1.Market Size And Forecast, By Region

4.4.3.4.Others

4.4.3.4.1.Market Size And Forecast, By Region

4.5.Mining Drills & Breakers

4.5.1.Key Market Trends, Growth Factors, And Opportunities

4.5.2.Market Size And Forecast, By Region

4.5.3.Market Size And Forecast, By Type

4.5.3.1.Drills

4.5.3.1.1.Market Size And Forecast, By Region

4.5.3.2.Breakers

4.5.3.2.1.Market Size And Forecast, By Region

4.6.Crushing, Pulverizing, & Screening Equipment

4.6.1.Key Market Trends, Growth Factors, And Opportunities

4.6.2.Market Size And Forecast, By Region

4.6.3.Market Size And Forecast, By Type

4.6.3.1.Stationary

4.6.3.1.1.Market Size And Forecast, By Region

4.6.3.2.Portable

4.6.3.2.1.Market Size And Forecast, By Region

4.7.Others

4.7.1.Key Market Trends, Growth Factors, And Opportunities

4.7.2.Market Size And Forecast, By Region

Chapter 5:Mining Equipment Market, By Application

5.1.Market Overview

5.1.1.Market Size And Forecast, By Application

5.2.Metal Mining

5.2.1.Key Market Trends, Growth Factors, And Opportunities

5.2.2.Market Size And Forecast, By Region

5.3.Mineral Mining

5.3.1.Key Market Trends, Growth Factors, And Opportunities

5.3.2.Market Size And Forecast, By Region

5.4.Coal Mining

5.4.1.Key Market Trends, Growth Factors, And Opportunities

5.4.2.Market Size And Forecast, By Region

Chapter 6:Mining Equipment Market, By Region

6.1.Market Overview

6.1.1.Market Size And Forecast, By Region

6.2.North America

6.2.1.Key Market Trends, Growth Factors, And Opportunities

6.2.2.Market Size And Forecast, By Type

6.2.2.1.North America Mining Equipment Market Revenue, By Sub-Type

6.2.2.1.1.Market Size And Forecast For Mineral Processing Equipment, By Sub-Type

6.2.2.1.2.Market Size And Forecast For Surface Mining Equipment, By Sub-Type

6.2.2.1.3.Market Size And Forecast For Underground Mining Equipment, By Sub-Type

6.2.2.1.4.Market Size And Forecast For Mining Drills & Breakers Equipment, By Sub-Type

6.2.2.1.5.Market Size And Forecast For Crushing, Pulverizing, & Screening Equipment, By Sub-Type

6.2.3.Market Size And Forecast, By Application

6.3.Europe

6.3.1.Key Market Trends, Growth Factors, And Opportunities

6.3.2.Market Size And Forecast, By Type

6.3.2.1.Europe Mining Equipment Market Revenue, By Sub-Type

6.3.2.1.1.Market Size And Forecast For Mineral Processing Equipment, By Sub-Type

6.3.2.1.2.Market Size And Forecast For Surface Mining Equipment, By Sub-Type

6.3.2.1.3.Market Size And Forecast For Underground Mining Equipment, By Sub-Type

6.3.2.1.4.Market Size And Forecast For Mining Drills & Breakers Equipment, By Sub-Type

6.3.2.1.5.Market Size And Forecast For Crushing, Pulverizing, & Screening Equipment, By Sub-Type

6.3.3.Market Size And Forecast, By Application

6.4.Asia-Pacific

6.4.1.Key Market Trends, Growth Factors, And Opportunities

6.4.2.Market Size And Forecast, By Type

6.4.2.1.Asia-Pacific Mining Equipment Market Revenue, By Sub-Type

6.4.2.1.1.Market Size And Forecast For Mineral Processing Equipment, By Sub-Type

6.4.2.1.2.Market Size And Forecast For Surface Mining Equipment, By Sub-Type

6.4.2.1.3.Market Size And Forecast For Underground Mining Equipment, By Sub-Type

6.4.2.1.4.Market Size And Forecast For Mining Drills & Breakers Equipment, By Sub-Type

6.4.2.1.5.Market Size And Forecast For Crushing, Pulverizing, & Screening Equipment, By Sub-Type

6.4.3.Market Size And Forecast, By Application

6.5.Lamea

6.5.1.Key Market Trends, Growth Factors, And Opportunities

6.5.2.Market Size And Forecast, By Type

6.5.2.1.Lamea Mining Equipment Market Revenue, By Sub-Type

6.5.2.1.1.Market Size And Forecast For Mineral Processing Equipment, By Sub-Type

6.5.2.1.2.Market Size And Forecast For Surface Mining Equipment, By Sub-Type

6.5.2.1.3.Market Size And Forecast For Underground Mining Equipment, By Sub-Type

6.5.2.1.4.Market Size And Forecast For Mining Drills & Breakers Equipment, By Sub-Type

6.5.2.1.5.Market Size And Forecast For Crushing, Pulverizing, & Screening Equipment, By Sub-Type

6.5.3.Market Size And Forecast, By Application

Chapter 7:Company Profiles

7.1.Ab Volvo (Volvo Construction Equipment)

7.1.1.Company Overview

7.1.2.Key Executives

7.1.3.Company Snapshot

7.1.4.Operating Business Segments

7.1.5.Product Portfolio

7.1.6.R&D Expenditure

7.1.7.Business Performance

7.1.8.Key Strategic Moves And Developments

7.2.Caterpillar Inc.

7.2.1.Company Overview

7.2.2.Key Executives

7.2.3.Company Snapshot

7.2.4.Operating Business Segments

7.2.5.Product Portfolio

7.2.6.R&D Expenditure

7.2.7.Business Performance

7.2.8.Key Strategic Moves And Developments

7.3.Deere & Company

7.3.1.Company Overview

7.3.2.Company Snapshot

7.3.3.Operating Business Segments

7.3.4.Product Portfolio

7.3.5.Business Performance

7.3.6.Key Strategic Moves And Developments

7.4.Doosan Corporation

7.4.1.Company Overview

7.4.2.Company Snapshot

7.4.3.Operating Business Segments

7.4.4.Product Portfolio

7.4.5.R&D Expenditure

7.4.6.Business Performance

7.4.7.Key Strategic Moves And Developments

7.5.Epiroc Ab

7.5.1.Company Overview

7.5.2.Company Snapshot

7.5.3.Operating Business Segments

7.5.4.Product Portfolio

7.5.5.R&D Expenditure

7.5.6.Business Performance

7.5.7.Key Strategic Moves And Developments

7.6.Hitachi, Ltd. (Hitachi Construction Machinery Co., Ltd.)

7.6.1.Company Overview

7.6.2.Company Snapshot

7.6.3.Operating Business Segments

7.6.4.Product Portfolio

7.6.5.R&D Expenditure

7.6.6.Business Performance

7.6.7.Key Strategic Moves And Developments

7.7.Komatsu Ltd

7.7.1.Company Overview

7.7.2.Company Snapshot

7.7.3.Operating Business Segments

7.7.4.Product Portfolio

7.7.5.Business Performance

7.7.6.Key Strategic Moves And Developments

7.8.Liebherr-International Ag

7.8.1.Company Overview

7.8.2.Company Snapshot

7.8.3.Operating Business Segments

7.8.4.Product Portfolio

7.8.5.R&D Expenditure

7.8.6.Business Performance

7.8.7.Key Strategic Moves And Developments

7.9.Metso Corporation

7.9.1.Company Overview

7.9.2.Company Snapshot

7.9.3.Operating Business Segments

7.9.4.Product Portfolio

7.9.5.R&D Expenditure

7.9.6.Business Performance

7.9.7.Key Strategic Moves And Developments

7.10.Sandvik Ab

7.10.1.Company Overview

7.10.2.Company Snapshot

7.10.3.Operating Business Segments

7.10.4.Product Portfolio

7.10.5.R&D Expenditure

7.10.6.Business Performance

7.10.7.Key Strategic Moves And Developments

……..and view more in complete table of Contents

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Keywords:    Mining Equipment Market, Mining Equipment Market Analysis, Mining Equipment Market Growth, Mining Equipment Market Scope, Mining Equipment Market Share, Mining Equipment Market Trend, Mining Equipment Market Development, Mining Equipment Market Sales, Mining Equipment Market Forecast, Mining Equipment Market Opportunities, Mining Equipment Market Size

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