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Underground Mining Services-Global Market Insights and Sales Trends 2025
Synopsis
The global Underground Mining Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Underground Mining Services in various end use industries. The expanding demands from the Iron Ore Mining Firms, Coal Mining Firms, Oil and Gas Extraction Firms and Gold Mining Firms, are propelling Underground Mining Services market. General Mining Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Drilling Services segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Underground Mining Services market, driven by demand from China, the second largest economy with some signs of stabilising, the Underground Mining Services market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Underground Mining Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Underground Mining Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Underground Mining Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Underground Mining Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Underground Mining Services covered in this report include Laxyo Group, PYBAR Mining Services, CIMIC Group, Macmahon, Byrnecut Group, Ledcor IP Holdings Ltd, Saumya Mining, The Redpath Group and Brierty, etc.
The global Underground Mining Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Laxyo Group
PYBAR Mining Services
CIMIC Group
Macmahon
Byrnecut Group
Ledcor IP Holdings Ltd
Saumya Mining
The Redpath Group
Brierty
Mining Plus
Contract Mining Services Pty Ltd (CMS)
NRW Holdings Limited
Perenti Global Limited
Global Underground Mining Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Underground Mining Services market, Segment by Type:
General Mining Services
Drilling Services
Project Management Services
Mine Engineering Services
Others
Global Underground Mining Services market, by Application
Iron Ore Mining Firms
Coal Mining Firms
Oil and Gas Extraction Firms
Gold Mining Firms
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Underground Mining Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
The global Underground Mining Services market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Underground Mining Services in various end use industries. The expanding demands from the Iron Ore Mining Firms, Coal Mining Firms, Oil and Gas Extraction Firms and Gold Mining Firms, are propelling Underground Mining Services market. General Mining Services, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Drilling Services segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Underground Mining Services market, driven by demand from China, the second largest economy with some signs of stabilising, the Underground Mining Services market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Underground Mining Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Underground Mining Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Underground Mining Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Underground Mining Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Underground Mining Services covered in this report include Laxyo Group, PYBAR Mining Services, CIMIC Group, Macmahon, Byrnecut Group, Ledcor IP Holdings Ltd, Saumya Mining, The Redpath Group and Brierty, etc.
The global Underground Mining Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Laxyo Group
PYBAR Mining Services
CIMIC Group
Macmahon
Byrnecut Group
Ledcor IP Holdings Ltd
Saumya Mining
The Redpath Group
Brierty
Mining Plus
Contract Mining Services Pty Ltd (CMS)
NRW Holdings Limited
Perenti Global Limited
Global Underground Mining Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Underground Mining Services market, Segment by Type:
General Mining Services
Drilling Services
Project Management Services
Mine Engineering Services
Others
Global Underground Mining Services market, by Application
Iron Ore Mining Firms
Coal Mining Firms
Oil and Gas Extraction Firms
Gold Mining Firms
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Underground Mining Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Underground Mining Services
1.1 Underground Mining Services Market Overview
1.1.1 Underground Mining Services Product Scope
1.1.2 Underground Mining Services Market Status and Outlook
1.2 Global Underground Mining Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Underground Mining Services Market Size by Region (2018-2029)
1.4 Global Underground Mining Services Historic Market Size by Region (2018-2023)
1.5 Global Underground Mining Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Underground Mining Services Market Size (2018-2029)
1.6.1 North America Underground Mining Services Market Size (2018-2029)
1.6.2 Europe Underground Mining Services Market Size (2018-2029)
1.6.3 Asia-Pacific Underground Mining Services Market Size (2018-2029)
1.6.4 Latin America Underground Mining Services Market Size (2018-2029)
1.6.5 Middle East & Africa Underground Mining Services Market Size (2018-2029)
2 Underground Mining Services Market by Type
2.1 Introduction
2.1.1 General Mining Services
2.1.2 Drilling Services
2.1.3 Project Management Services
2.1.4 Mine Engineering Services
2.1.5 Others
2.2 Global Underground Mining Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Underground Mining Services Historic Market Size by Type (2018-2023)
2.2.2 Global Underground Mining Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Underground Mining Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Underground Mining Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Underground Mining Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Underground Mining Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Underground Mining Services Revenue Breakdown by Type (2018-2029)
3 Underground Mining Services Market Overview by Application
3.1 Introduction
3.1.1 Iron Ore Mining Firms
3.1.2 Coal Mining Firms
3.1.3 Oil and Gas Extraction Firms
3.1.4 Gold Mining Firms
3.1.5 Others
3.2 Global Underground Mining Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Underground Mining Services Historic Market Size by Application (2018-2023)
3.2.2 Global Underground Mining Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Underground Mining Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Underground Mining Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Underground Mining Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Underground Mining Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Underground Mining Services Revenue Breakdown by Application (2018-2029)
4 Underground Mining Services Competition Analysis by Players
4.1 Global Underground Mining Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Underground Mining Services as of 2022)
4.3 Date of Key Players Enter into Underground Mining Services Market
4.4 Global Top Players Underground Mining Services Headquarters and Area Served
4.5 Key Players Underground Mining Services Product Solution and Service
4.6 Competitive Status
4.6.1 Underground Mining Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Laxyo Group
5.1.1 Laxyo Group Profile
5.1.2 Laxyo Group Main Business
5.1.3 Laxyo Group Underground Mining Services Products, Services and Solutions
5.1.4 Laxyo Group Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.1.5 Laxyo Group Recent Developments
5.2 PYBAR Mining Services
5.2.1 PYBAR Mining Services Profile
5.2.2 PYBAR Mining Services Main Business
5.2.3 PYBAR Mining Services Underground Mining Services Products, Services and Solutions
5.2.4 PYBAR Mining Services Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.2.5 PYBAR Mining Services Recent Developments
5.3 CIMIC Group
5.3.1 CIMIC Group Profile
5.3.2 CIMIC Group Main Business
5.3.3 CIMIC Group Underground Mining Services Products, Services and Solutions
5.3.4 CIMIC Group Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.3.5 Macmahon Recent Developments
5.4 Macmahon
5.4.1 Macmahon Profile
5.4.2 Macmahon Main Business
5.4.3 Macmahon Underground Mining Services Products, Services and Solutions
5.4.4 Macmahon Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.4.5 Macmahon Recent Developments
5.5 Byrnecut Group
5.5.1 Byrnecut Group Profile
5.5.2 Byrnecut Group Main Business
5.5.3 Byrnecut Group Underground Mining Services Products, Services and Solutions
5.5.4 Byrnecut Group Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.5.5 Byrnecut Group Recent Developments
5.6 Ledcor IP Holdings Ltd
5.6.1 Ledcor IP Holdings Ltd Profile
5.6.2 Ledcor IP Holdings Ltd Main Business
5.6.3 Ledcor IP Holdings Ltd Underground Mining Services Products, Services and Solutions
5.6.4 Ledcor IP Holdings Ltd Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.6.5 Ledcor IP Holdings Ltd Recent Developments
5.7 Saumya Mining
5.7.1 Saumya Mining Profile
5.7.2 Saumya Mining Main Business
5.7.3 Saumya Mining Underground Mining Services Products, Services and Solutions
5.7.4 Saumya Mining Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.7.5 Saumya Mining Recent Developments
5.8 The Redpath Group
5.8.1 The Redpath Group Profile
5.8.2 The Redpath Group Main Business
5.8.3 The Redpath Group Underground Mining Services Products, Services and Solutions
5.8.4 The Redpath Group Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.8.5 The Redpath Group Recent Developments
5.9 Brierty
5.9.1 Brierty Profile
5.9.2 Brierty Main Business
5.9.3 Brierty Underground Mining Services Products, Services and Solutions
5.9.4 Brierty Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.9.5 Brierty Recent Developments
5.10 Mining Plus
5.10.1 Mining Plus Profile
5.10.2 Mining Plus Main Business
5.10.3 Mining Plus Underground Mining Services Products, Services and Solutions
5.10.4 Mining Plus Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.10.5 Mining Plus Recent Developments
5.11 Contract Mining Services Pty Ltd (CMS)
5.11.1 Contract Mining Services Pty Ltd (CMS) Profile
5.11.2 Contract Mining Services Pty Ltd (CMS) Main Business
5.11.3 Contract Mining Services Pty Ltd (CMS) Underground Mining Services Products, Services and Solutions
5.11.4 Contract Mining Services Pty Ltd (CMS) Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.11.5 Contract Mining Services Pty Ltd (CMS) Recent Developments
5.12 NRW Holdings Limited
5.12.1 NRW Holdings Limited Profile
5.12.2 NRW Holdings Limited Main Business
5.12.3 NRW Holdings Limited Underground Mining Services Products, Services and Solutions
5.12.4 NRW Holdings Limited Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.12.5 NRW Holdings Limited Recent Developments
5.13 Perenti Global Limited
5.13.1 Perenti Global Limited Profile
5.13.2 Perenti Global Limited Main Business
5.13.3 Perenti Global Limited Underground Mining Services Products, Services and Solutions
5.13.4 Perenti Global Limited Underground Mining Services Revenue (US$ Million) & (2018-2023)
5.13.5 Perenti Global Limited Recent Developments
6 North America
6.1 North America Underground Mining Services Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Underground Mining Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Underground Mining Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Underground Mining Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Underground Mining Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Underground Mining Services Market Dynamics
11.1 Underground Mining Services Industry Trends
11.2 Underground Mining Services Market Drivers
11.3 Underground Mining Services Market Challenges
11.4 Underground Mining Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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