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Global Underground Mining Equipment Market Research Report 2025

Global Underground Mining Equipment Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1408495

No of Pages : 81

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Synopsis

Underground Mining Equipment is the mining equipment used in the underground. Underground mining is a technique used to access ores and valuable minerals in the ground by digging into the ground to extract them.

The global Underground Mining Equipment market was valued at US$ 22750 million in 2023 and is anticipated to reach US$ 36250 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.

Global Underground Mining Equipment key players include Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery, Sandvik, etc. Global top five players hold a share about 50%.

North America is the largest market, with a share about 30%, followed by Europe, having a share about 25 percent.
In terms of product, Longwall is the largest segment, with a share about 75%. And in terms of application, the largest application is Coal Mining, followed by Metal Mining, Mineral Mining.

This report aims to provide a comprehensive presentation of the global market for Underground Mining Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Underground Mining Equipment.

Report Scope

The Underground Mining Equipment market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Underground Mining Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Underground Mining Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company(Partial List)

  • Caterpillar
  • Komatsu (Joy Global)
  • Volvo
  • Hitachi Construction Machinery
  • Sandvik
  • Atlas Copco
  • Metso
  • ThyssenKrupp
  • Liebherr-International
  • ZMJ
  • FLSmidth
  • Doosan Infracore
  • China Coal Group

Segment by Type

  • Longwall
  • Room and Pillar

Segment by Application

  • Coal Mining
  • Metal Mining
  • Mineral Mining

By Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Netherlands)
  • Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
  • Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Underground Mining Equipment companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

Index

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Underground Mining Equipment Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Longwall
1.2.3 Room and Pillar
1.3 Market by Application
1.3.1 Global Underground Mining Equipment Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Coal Mining
1.3.3 Metal Mining
1.3.4 Mineral Mining
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Underground Mining Equipment Market Perspective (2019-2030)
2.2 Underground Mining Equipment Growth Trends by Region
2.2.1 Global Underground Mining Equipment Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Underground Mining Equipment Historic Market Size by Region (2019-2024)
2.2.3 Underground Mining Equipment Forecasted Market Size by Region (2025-2030)
2.3 Underground Mining Equipment Market Dynamics
2.3.1 Underground Mining Equipment Industry Trends
2.3.2 Underground Mining Equipment Market Drivers
2.3.3 Underground Mining Equipment Market Challenges
2.3.4 Underground Mining Equipment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Underground Mining Equipment Players by Revenue
3.1.1 Global Top Underground Mining Equipment Players by Revenue (2019-2024)
3.1.2 Global Underground Mining Equipment Revenue Market Share by Players (2019-2024)
3.2 Global Underground Mining Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Underground Mining Equipment Revenue
3.4 Global Underground Mining Equipment Market Concentration Ratio
3.4.1 Global Underground Mining Equipment Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Underground Mining Equipment Revenue in 2023
3.5 Underground Mining Equipment Key Players Head office and Area Served
3.6 Key Players Underground Mining Equipment Product Solution and Service
3.7 Date of Enter into Underground Mining Equipment Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Underground Mining Equipment Breakdown Data by Type
4.1 Global Underground Mining Equipment Historic Market Size by Type (2019-2024)
4.2 Global Underground Mining Equipment Forecasted Market Size by Type (2025-2030)
5 Underground Mining Equipment Breakdown Data by Application
5.1 Global Underground Mining Equipment Historic Market Size by Application (2019-2024)
5.2 Global Underground Mining Equipment Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Underground Mining Equipment Market Size (2019-2030)
6.2 North America Underground Mining Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Underground Mining Equipment Market Size by Country (2019-2024)
6.4 North America Underground Mining Equipment Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Underground Mining Equipment Market Size (2019-2030)
7.2 Europe Underground Mining Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Underground Mining Equipment Market Size by Country (2019-2024)
7.4 Europe Underground Mining Equipment Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Underground Mining Equipment Market Size (2019-2030)
8.2 Asia-Pacific Underground Mining Equipment Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Underground Mining Equipment Market Size by Region (2019-2024)
8.4 Asia-Pacific Underground Mining Equipment Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Underground Mining Equipment Market Size (2019-2030)
9.2 Latin America Underground Mining Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Underground Mining Equipment Market Size by Country (2019-2024)
9.4 Latin America Underground Mining Equipment Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Underground Mining Equipment Market Size (2019-2030)
10.2 Middle East & Africa Underground Mining Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Underground Mining Equipment Market Size by Country (2019-2024)
10.4 Middle East & Africa Underground Mining Equipment Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Caterpillar
11.1.1 Caterpillar Company Detail
11.1.2 Caterpillar Business Overview
11.1.3 Caterpillar Underground Mining Equipment Introduction
11.1.4 Caterpillar Revenue in Underground Mining Equipment Business (2019-2024)
11.1.5 Caterpillar Recent Development
11.2 Komatsu (Joy Global)
11.2.1 Komatsu (Joy Global) Company Detail
11.2.2 Komatsu (Joy Global) Business Overview
11.2.3 Komatsu (Joy Global) Underground Mining Equipment Introduction
11.2.4 Komatsu (Joy Global) Revenue in Underground Mining Equipment Business (2019-2024)
11.2.5 Komatsu (Joy Global) Recent Development
11.3 Volvo
11.3.1 Volvo Company Detail
11.3.2 Volvo Business Overview
11.3.3 Volvo Underground Mining Equipment Introduction
11.3.4 Volvo Revenue in Underground Mining Equipment Business (2019-2024)
11.3.5 Volvo Recent Development
11.4 Hitachi Construction Machinery
11.4.1 Hitachi Construction Machinery Company Detail
11.4.2 Hitachi Construction Machinery Business Overview
11.4.3 Hitachi Construction Machinery Underground Mining Equipment Introduction
11.4.4 Hitachi Construction Machinery Revenue in Underground Mining Equipment Business (2019-2024)
11.4.5 Hitachi Construction Machinery Recent Development
11.5 Sandvik
11.5.1 Sandvik Company Detail
11.5.2 Sandvik Business Overview
11.5.3 Sandvik Underground Mining Equipment Introduction
11.5.4 Sandvik Revenue in Underground Mining Equipment Business (2019-2024)
11.5.5 Sandvik Recent Development
11.6 Atlas Copco
11.6.1 Atlas Copco Company Detail
11.6.2 Atlas Copco Business Overview
11.6.3 Atlas Copco Underground Mining Equipment Introduction
11.6.4 Atlas Copco Revenue in Underground Mining Equipment Business (2019-2024)
11.6.5 Atlas Copco Recent Development
11.7 Metso
11.7.1 Metso Company Detail
11.7.2 Metso Business Overview
11.7.3 Metso Underground Mining Equipment Introduction
11.7.4 Metso Revenue in Underground Mining Equipment Business (2019-2024)
11.7.5 Metso Recent Development
11.8 ThyssenKrupp
11.8.1 ThyssenKrupp Company Detail
11.8.2 ThyssenKrupp Business Overview
11.8.3 ThyssenKrupp Underground Mining Equipment Introduction
11.8.4 ThyssenKrupp Revenue in Underground Mining Equipment Business (2019-2024)
11.8.5 ThyssenKrupp Recent Development
11.9 Liebherr-International
11.9.1 Liebherr-International Company Detail
11.9.2 Liebherr-International Business Overview
11.9.3 Liebherr-International Underground Mining Equipment Introduction
11.9.4 Liebherr-International Revenue in Underground Mining Equipment Business (2019-2024)
11.9.5 Liebherr-International Recent Development
11.10 ZMJ
11.10.1 ZMJ Company Detail
11.10.2 ZMJ Business Overview
11.10.3 ZMJ Underground Mining Equipment Introduction
11.10.4 ZMJ Revenue in Underground Mining Equipment Business (2019-2024)
11.10.5 ZMJ Recent Development
11.11 FLSmidth
11.11.1 FLSmidth Company Detail
11.11.2 FLSmidth Business Overview
11.11.3 FLSmidth Underground Mining Equipment Introduction
11.11.4 FLSmidth Revenue in Underground Mining Equipment Business (2019-2024)
11.11.5 FLSmidth Recent Development
11.12 Doosan Infracore
11.12.1 Doosan Infracore Company Detail
11.12.2 Doosan Infracore Business Overview
11.12.3 Doosan Infracore Underground Mining Equipment Introduction
11.12.4 Doosan Infracore Revenue in Underground Mining Equipment Business (2019-2024)
11.12.5 Doosan Infracore Recent Development
11.13 China Coal Group
11.13.1 China Coal Group Company Detail
11.13.2 China Coal Group Business Overview
11.13.3 China Coal Group Underground Mining Equipment Introduction
11.13.4 China Coal Group Revenue in Underground Mining Equipment Business (2019-2024)
11.13.5 China Coal Group Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Published By : QY Research

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