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Mining Equipment Market Top Vendors are Liebherr-International Deutschland GmbH, Hitachi Construction Machinery Co. Ltd., Terex Corporation, Mining Machines JSC, Atlas Copco AB, SANY GROUP

Global Mining Equipment Market is expected to rise from its initial estimated value of USD 76.75 billion in 2018 to an estimated value of USD 120.03 billion by 2026, registering a CAGR of 5.75% in the forecast period of 2019-2026.

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Market Drivers:

  • Rising demand of metals and minerals worldwide is expected to drive the market growth
  • Presence of regulations and upcoming applicable regulations by the authorities is also expected to drive the market growth

Global Mining Equipment Market,

  • By Equipment Category (Crushing, Pulverizing & Screening Equipment; Drills & Beakers; Mineral Processing Equipment; Surface Mining Equipment; Underground Mining Equipment);
  • Industry (Coal; Metal; Minerals);
  • Propulsion (Diesel; Gasoline; CNG/LNG/Others); Electric Equipment Type (Mining Trucks; LHD);
  • Autonomous Equipment Category (Surface Mining; Underground Mining);
  • Geography (North America; South America; Europe; Asia-Pacific; Middle East and Africa) – Industry Trends and Forecast to 2026

Key Market Competitors:

Few of the major competitors currently working in the mining equipment market are:-

  • Caterpillar,
  • AB Volvo,
  • Komatsu Ltd.,
  • Sandvik AB,
  • Liebherr-International Deutschland GmbH,
  • Hitachi Construction Machinery Co. Ltd.,
  • Terex Corporation,
  • Mining Machines JSC,
  • Atlas Copco AB,
  • Doosan Corporation,
  • Equipment North Inc.,
  • RTM Equipment,
  • eu,
  • Konecranes,
  • XCMG Group,
  • BEML Limited,
  • Hyundai Heavy Industries Co. Ltd., and
  • AARD Mining Equipment.

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Global Mining Equipment Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mining equipment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

This rise in market value can be attributed to the growing demand of metals & minerals globally.

Table of Contents

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. Global, By Component
  7. Product Type
  8. Delivery
  9. Industry Type
  10. Geography

10.1. Overview

10.2. North America

10.3. Europe

10.4. Asia-Pacific

10.5. South America

10.6. Middle East & Africa

  1. Company Landscape
  2. Company Profiles
  3. Related Reports

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