Mining Equipment: Global Report

Report Overview

This report forecasts to 2029 global demand for mining equipment by product, market, and major world region in nominal US dollars at the manufacturer level. Product segments include: surface mining machinery; underground mining machinery; drills and breakers; crushing, pulverizing, and screening equipment; mineral processing and other machinery; and parts and attachments. Reported markets encompass: minerals mining, metals mining, and coal mining.

Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.

To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2019 and 2024. Finally, global production is segmented by major world region and provided for 2019, 2024, and 2029.

Excluded from the scope of this report are certain products that can be used at mining sites and are sometimes considered to be mining machinery, including general purpose material handling and oilfield equipment, and dry stacking equipment. Also excluded is used and rebuilt mining machinery of all types.

For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate at that prevailing in 2024.

Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:

• 333120 Construction Machinery Manufacturing
• 333131 Mining Machinery & Equipment Manufacturing

Table of Contents

HIGHLIGHTS

GLOBAL PRODUCT OVERVIEW & FORECASTS

Surface Mining Equipment

Underground Mining Equipment

Mining Drills & Breakers

Crushing, Pulverizing, & Screening Equipment

Mineral Processing & Other Equipment

Parts & Attachments

GLOBAL MARKET OVERVIEW & FORECASTS

Minerals Mining

Metals Mining

Coal Mining

REGIONAL SEGMENTATION & FORECASTS

Regional Production Overview

Regional Demand Overview

North America

Western Europe

Asia/Pacific

Other Regions

INDUSTRY STRUCTURE

Industry Characteristics

Market Share

ABOUT THIS REPORT

Scope

Sources

Industry Codes

Freedonia Methodology

Resources

LIST OF TABLES & FIGURES

Figure 1 | Global Mining Equipment Market Outlook, 2024 – 2029

Figure 2 | Global Mining Equipment Demand by Product; 2019, 2024, 2029 (US$ bil)

Table 1 | Global Mining Equipment Demand by Product; 2019, 2024, 2029 (US$ mil)

Figure 3 | Global Mining Equipment Demand by Product; 2019, 2024, 2029 (%)

Figure 4 | Global Mining Equipment Demand by Market; 2019, 2024, 2029 (US$ bil)

Table 2 | Global Mining Equipment Demand by Market; 2019, 2024, 2029 (US$ mil)

Figure 5 | Global Mining Equipment Demand by Market; 2019, 2024, 2029 (%)

Figure 6 | Global Mining Equipment Production by Region; 2019, 2024, 2029 (US$ bil)

Table 3 | Global Mining Equipment Production by Region; 2019, 2024, 2029 (US$ mil)

Figure 7 | Global Mining Equipment Production by Region; 2019, 2024, 2029 (%)

Figure 8 | Global Mining Equipment Demand by Region; 2019, 2024, 2029 (US$ bil)

Table 4 | Global Mining Equipment Demand by Region; 2019, 2024, 2029 (US$ mil)

Figure 9 | Global Mining Equipment Demand by Region; 2019, 2024, 2029 (%)

Figure 10 | North America: Mining Equipment Demand by Product; 2019, 2024, 2029 (US$ bil)

Figure 11 | North America: Mining Equipment Demand by Market; 2019, 2024, 2029 (US$ bil)

Table 5 | North America: Mining Equipment Demand by Product & Market; 2019, 2024, 2029 (US$ mil)

Figure 12 | Western Europe: Mining Equipment Demand by Product; 2019, 2024, 2029 (US$ bil)

Figure 13 | Western Europe: Mining Equipment Demand by Market; 2019, 2024, 2029 (US$ bil)

Table 6 | Western Europe: Mining Equipment Demand by Product & Market; 2019, 2024, 2029 (US$ mil)

Figure 14 | Asia/Pacific: Mining Equipment Demand by Product; 2019, 2024, 2029 (US$ bil)

Figure 15 | Asia/Pacific: Mining Equipment Demand by Market; 2019, 2024, 2029 (US$ bil)

Table 7 | Asia/Pacific: Mining Equipment Demand by Product & Market; 2019, 2024, 2029 (US$ mil)

Figure 16 | Other Regions: Mining Equipment Demand by Region; 2019, 2024, 2029 (US$ bil)

Figure 17 | Other Regions: Mining Equipment Demand by Product; 2019, 2024, 2029 (US$ bil)

Table 8 | Other Regions: Mining Equipment Demand by Region & Product; 2019, 2024, 2029 (US$ mil)

Figure 18 | Global Mining Equipment Market Share by Company, 2024 (%)

Table 9 | Leading Suppliers to the Global Mining Equipment Market

Table 10 | NAICS & SIC Codes Related to Mining Equipment

Table 11 | NACE Codes Related to Mining Equipment

Table 12 | HS Codes Related to Mining Equipment