Global Underground Mining Equipment Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Underground Mining Equipment Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Page: 102

Published Date: 18 Mar 2023

Category: Machinery & Equipment

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Related Reports
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Description

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.

According to our (Global Info Research) latest study, the global Underground Mining Equipment market size was valued at USD 23410 million in 2022 and is forecast to a readjusted size of USD 36390 million by 2029 with a CAGR of 6.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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 is a detailed and comprehensive analysis for global Underground Mining Equipment market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Underground Mining Equipment market size and forecasts, in consumption value ($ Million), 2018-2029
Global Underground Mining Equipment market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Underground Mining Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Underground Mining Equipment market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Underground Mining Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Underground Mining Equipment market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery and Sandvik, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation
Underground Mining Equipment market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Longwall
Room and Pillar

Market segment by Application
Coal Mining
Metal Mining
Mineral Mining

Market segment by players, this report covers
Caterpillar
Komatsu (Joy Global)
Volvo
Hitachi Construction Machinery
Sandvik
Atlas Copco
Metso
ThyssenKrupp
Liebherr-International
ZMJ
FLSmidth
Doosan Infracore
China Coal Group

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Underground Mining Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Underground Mining Equipment, with revenue, gross margin and global market share of Underground Mining Equipment from 2018 to 2023.
Chapter 3, the Underground Mining Equipment competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Underground Mining Equipment market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Underground Mining Equipment.
Chapter 13, to describe Underground Mining Equipment research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Underground Mining Equipment
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Underground Mining Equipment by Type
1.3.1 Overview: Global Underground Mining Equipment Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Underground Mining Equipment Consumption Value Market Share by Type in 2022
1.3.3 Longwall
1.3.4 Room and Pillar
1.4 Global Underground Mining Equipment Market by Application
1.4.1 Overview: Global Underground Mining Equipment Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Coal Mining
1.4.3 Metal Mining
1.4.4 Mineral Mining
1.5 Global Underground Mining Equipment Market Size & Forecast
1.6 Global Underground Mining Equipment Market Size and Forecast by Region
1.6.1 Global Underground Mining Equipment Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Underground Mining Equipment Market Size by Region, (2018-2029)
1.6.3 North America Underground Mining Equipment Market Size and Prospect (2018-2029)
1.6.4 Europe Underground Mining Equipment Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Underground Mining Equipment Market Size and Prospect (2018-2029)
1.6.6 South America Underground Mining Equipment Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Underground Mining Equipment Market Size and Prospect (2018-2029)

2 Company Profiles
2.1 Caterpillar
2.1.1 Caterpillar Details
2.1.2 Caterpillar Major Business
2.1.3 Caterpillar Underground Mining Equipment Product and Solutions
2.1.4 Caterpillar Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Caterpillar Recent Developments and Future Plans
2.2 Komatsu (Joy Global)
2.2.1 Komatsu (Joy Global) Details
2.2.2 Komatsu (Joy Global) Major Business
2.2.3 Komatsu (Joy Global) Underground Mining Equipment Product and Solutions
2.2.4 Komatsu (Joy Global) Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Komatsu (Joy Global) Recent Developments and Future Plans
2.3 Volvo
2.3.1 Volvo Details
2.3.2 Volvo Major Business
2.3.3 Volvo Underground Mining Equipment Product and Solutions
2.3.4 Volvo Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Volvo Recent Developments and Future Plans
2.4 Hitachi Construction Machinery
2.4.1 Hitachi Construction Machinery Details
2.4.2 Hitachi Construction Machinery Major Business
2.4.3 Hitachi Construction Machinery Underground Mining Equipment Product and Solutions
2.4.4 Hitachi Construction Machinery Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Hitachi Construction Machinery Recent Developments and Future Plans
2.5 Sandvik
2.5.1 Sandvik Details
2.5.2 Sandvik Major Business
2.5.3 Sandvik Underground Mining Equipment Product and Solutions
2.5.4 Sandvik Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Sandvik Recent Developments and Future Plans
2.6 Atlas Copco
2.6.1 Atlas Copco Details
2.6.2 Atlas Copco Major Business
2.6.3 Atlas Copco Underground Mining Equipment Product and Solutions
2.6.4 Atlas Copco Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Atlas Copco Recent Developments and Future Plans
2.7 Metso
2.7.1 Metso Details
2.7.2 Metso Major Business
2.7.3 Metso Underground Mining Equipment Product and Solutions
2.7.4 Metso Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Metso Recent Developments and Future Plans
2.8 ThyssenKrupp
2.8.1 ThyssenKrupp Details
2.8.2 ThyssenKrupp Major Business
2.8.3 ThyssenKrupp Underground Mining Equipment Product and Solutions
2.8.4 ThyssenKrupp Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 ThyssenKrupp Recent Developments and Future Plans
2.9 Liebherr-International
2.9.1 Liebherr-International Details
2.9.2 Liebherr-International Major Business
2.9.3 Liebherr-International Underground Mining Equipment Product and Solutions
2.9.4 Liebherr-International Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Liebherr-International Recent Developments and Future Plans
2.10 ZMJ
2.10.1 ZMJ Details
2.10.2 ZMJ Major Business
2.10.3 ZMJ Underground Mining Equipment Product and Solutions
2.10.4 ZMJ Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 ZMJ Recent Developments and Future Plans
2.11 FLSmidth
2.11.1 FLSmidth Details
2.11.2 FLSmidth Major Business
2.11.3 FLSmidth Underground Mining Equipment Product and Solutions
2.11.4 FLSmidth Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 FLSmidth Recent Developments and Future Plans
2.12 Doosan Infracore
2.12.1 Doosan Infracore Details
2.12.2 Doosan Infracore Major Business
2.12.3 Doosan Infracore Underground Mining Equipment Product and Solutions
2.12.4 Doosan Infracore Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Doosan Infracore Recent Developments and Future Plans
2.13 China Coal Group
2.13.1 China Coal Group Details
2.13.2 China Coal Group Major Business
2.13.3 China Coal Group Underground Mining Equipment Product and Solutions
2.13.4 China Coal Group Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 China Coal Group Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Underground Mining Equipment Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Underground Mining Equipment by Company Revenue
3.2.2 Top 3 Underground Mining Equipment Players Market Share in 2022
3.2.3 Top 6 Underground Mining Equipment Players Market Share in 2022
3.3 Underground Mining Equipment Market: Overall Company Footprint Analysis
3.3.1 Underground Mining Equipment Market: Region Footprint
3.3.2 Underground Mining Equipment Market: Company Product Type Footprint
3.3.3 Underground Mining Equipment Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Underground Mining Equipment Consumption Value and Market Share by Type (2018-2023)
4.2 Global Underground Mining Equipment Market Forecast by Type (2024-2029)

5 Market Size Segment by Application
5.1 Global Underground Mining Equipment Consumption Value Market Share by Application (2018-2023)
5.2 Global Underground Mining Equipment Market Forecast by Application (2024-2029)

6 North America
6.1 North America Underground Mining Equipment Consumption Value by Type (2018-2029)
6.2 North America Underground Mining Equipment Consumption Value by Application (2018-2029)
6.3 North America Underground Mining Equipment Market Size by Country
6.3.1 North America Underground Mining Equipment Consumption Value by Country (2018-2029)
6.3.2 United States Underground Mining Equipment Market Size and Forecast (2018-2029)
6.3.3 Canada Underground Mining Equipment Market Size and Forecast (2018-2029)
6.3.4 Mexico Underground Mining Equipment Market Size and Forecast (2018-2029)

7 Europe
7.1 Europe Underground Mining Equipment Consumption Value by Type (2018-2029)
7.2 Europe Underground Mining Equipment Consumption Value by Application (2018-2029)
7.3 Europe Underground Mining Equipment Market Size by Country
7.3.1 Europe Underground Mining Equipment Consumption Value by Country (2018-2029)
7.3.2 Germany Underground Mining Equipment Market Size and Forecast (2018-2029)
7.3.3 France Underground Mining Equipment Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Underground Mining Equipment Market Size and Forecast (2018-2029)
7.3.5 Russia Underground Mining Equipment Market Size and Forecast (2018-2029)
7.3.6 Italy Underground Mining Equipment Market Size and Forecast (2018-2029)

8 Asia-Pacific
8.1 Asia-Pacific Underground Mining Equipment Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Underground Mining Equipment Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Underground Mining Equipment Market Size by Region
8.3.1 Asia-Pacific Underground Mining Equipment Consumption Value by Region (2018-2029)
8.3.2 China Underground Mining Equipment Market Size and Forecast (2018-2029)
8.3.3 Japan Underground Mining Equipment Market Size and Forecast (2018-2029)
8.3.4 South Korea Underground Mining Equipment Market Size and Forecast (2018-2029)
8.3.5 India Underground Mining Equipment Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Underground Mining Equipment Market Size and Forecast (2018-2029)
8.3.7 Australia Underground Mining Equipment Market Size and Forecast (2018-2029)

9 South America
9.1 South America Underground Mining Equipment Consumption Value by Type (2018-2029)
9.2 South America Underground Mining Equipment Consumption Value by Application (2018-2029)
9.3 South America Underground Mining Equipment Market Size by Country
9.3.1 South America Underground Mining Equipment Consumption Value by Country (2018-2029)
9.3.2 Brazil Underground Mining Equipment Market Size and Forecast (2018-2029)
9.3.3 Argentina Underground Mining Equipment Market Size and Forecast (2018-2029)

10 Middle East & Africa
10.1 Middle East & Africa Underground Mining Equipment Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Underground Mining Equipment Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Underground Mining Equipment Market Size by Country
10.3.1 Middle East & Africa Underground Mining Equipment Consumption Value by Country (2018-2029)
10.3.2 Turkey Underground Mining Equipment Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Underground Mining Equipment Market Size and Forecast (2018-2029)
10.3.4 UAE Underground Mining Equipment Market Size and Forecast (2018-2029)

11 Market Dynamics
11.1 Underground Mining Equipment Market Drivers
11.2 Underground Mining Equipment Market Restraints
11.3 Underground Mining Equipment Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War

12 Industry Chain Analysis
12.1 Underground Mining Equipment Industry Chain
12.2 Underground Mining Equipment Upstream Analysis
12.3 Underground Mining Equipment Midstream Analysis
12.4 Underground Mining Equipment Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Underground Mining Equipment Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global Underground Mining Equipment Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Global Underground Mining Equipment Consumption Value by Region (2018-2023) & (USD Million)
Table 4. Global Underground Mining Equipment Consumption Value by Region (2024-2029) & (USD Million)
Table 5. Caterpillar Company Information, Head Office, and Major Competitors
Table 6. Caterpillar Major Business
Table 7. Caterpillar Underground Mining Equipment Product and Solutions
Table 8. Caterpillar Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 9. Caterpillar Recent Developments and Future Plans
Table 10. Komatsu (Joy Global) Company Information, Head Office, and Major Competitors
Table 11. Komatsu (Joy Global) Major Business
Table 12. Komatsu (Joy Global) Underground Mining Equipment Product and Solutions
Table 13. Komatsu (Joy Global) Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 14. Komatsu (Joy Global) Recent Developments and Future Plans
Table 15. Volvo Company Information, Head Office, and Major Competitors
Table 16. Volvo Major Business
Table 17. Volvo Underground Mining Equipment Product and Solutions
Table 18. Volvo Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 19. Volvo Recent Developments and Future Plans
Table 20. Hitachi Construction Machinery Company Information, Head Office, and Major Competitors
Table 21. Hitachi Construction Machinery Major Business
Table 22. Hitachi Construction Machinery Underground Mining Equipment Product and Solutions
Table 23. Hitachi Construction Machinery Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 24. Hitachi Construction Machinery Recent Developments and Future Plans
Table 25. Sandvik Company Information, Head Office, and Major Competitors
Table 26. Sandvik Major Business
Table 27. Sandvik Underground Mining Equipment Product and Solutions
Table 28. Sandvik Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 29. Sandvik Recent Developments and Future Plans
Table 30. Atlas Copco Company Information, Head Office, and Major Competitors
Table 31. Atlas Copco Major Business
Table 32. Atlas Copco Underground Mining Equipment Product and Solutions
Table 33. Atlas Copco Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 34. Atlas Copco Recent Developments and Future Plans
Table 35. Metso Company Information, Head Office, and Major Competitors
Table 36. Metso Major Business
Table 37. Metso Underground Mining Equipment Product and Solutions
Table 38. Metso Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 39. Metso Recent Developments and Future Plans
Table 40. ThyssenKrupp Company Information, Head Office, and Major Competitors
Table 41. ThyssenKrupp Major Business
Table 42. ThyssenKrupp Underground Mining Equipment Product and Solutions
Table 43. ThyssenKrupp Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 44. ThyssenKrupp Recent Developments and Future Plans
Table 45. Liebherr-International Company Information, Head Office, and Major Competitors
Table 46. Liebherr-International Major Business
Table 47. Liebherr-International Underground Mining Equipment Product and Solutions
Table 48. Liebherr-International Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 49. Liebherr-International Recent Developments and Future Plans
Table 50. ZMJ Company Information, Head Office, and Major Competitors
Table 51. ZMJ Major Business
Table 52. ZMJ Underground Mining Equipment Product and Solutions
Table 53. ZMJ Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 54. ZMJ Recent Developments and Future Plans
Table 55. FLSmidth Company Information, Head Office, and Major Competitors
Table 56. FLSmidth Major Business
Table 57. FLSmidth Underground Mining Equipment Product and Solutions
Table 58. FLSmidth Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 59. FLSmidth Recent Developments and Future Plans
Table 60. Doosan Infracore Company Information, Head Office, and Major Competitors
Table 61. Doosan Infracore Major Business
Table 62. Doosan Infracore Underground Mining Equipment Product and Solutions
Table 63. Doosan Infracore Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 64. Doosan Infracore Recent Developments and Future Plans
Table 65. China Coal Group Company Information, Head Office, and Major Competitors
Table 66. China Coal Group Major Business
Table 67. China Coal Group Underground Mining Equipment Product and Solutions
Table 68. China Coal Group Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 69. China Coal Group Recent Developments and Future Plans
Table 70. Global Underground Mining Equipment Revenue (USD Million) by Players (2018-2023)
Table 71. Global Underground Mining Equipment Revenue Share by Players (2018-2023)
Table 72. Breakdown of Underground Mining Equipment by Company Type (Tier 1, Tier 2, and Tier 3)
Table 73. Market Position of Players in Underground Mining Equipment, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2022
Table 74. Head Office of Key Underground Mining Equipment Players
Table 75. Underground Mining Equipment Market: Company Product Type Footprint
Table 76. Underground Mining Equipment Market: Company Product Application Footprint
Table 77. Underground Mining Equipment New Market Entrants and Barriers to Market Entry
Table 78. Underground Mining Equipment Mergers, Acquisition, Agreements, and Collaborations
Table 79. Global Underground Mining Equipment Consumption Value (USD Million) by Type (2018-2023)
Table 80. Global Underground Mining Equipment Consumption Value Share by Type (2018-2023)
Table 81. Global Underground Mining Equipment Consumption Value Forecast by Type (2024-2029)
Table 82. Global Underground Mining Equipment Consumption Value by Application (2018-2023)
Table 83. Global Underground Mining Equipment Consumption Value Forecast by Application (2024-2029)
Table 84. North America Underground Mining Equipment Consumption Value by Type (2018-2023) & (USD Million)
Table 85. North America Underground Mining Equipment Consumption Value by Type (2024-2029) & (USD Million)
Table 86. North America Underground Mining Equipment Consumption Value by Application (2018-2023) & (USD Million)
Table 87. North America Underground Mining Equipment Consumption Value by Application (2024-2029) & (USD Million)
Table 88. North America Underground Mining Equipment Consumption Value by Country (2018-2023) & (USD Million)
Table 89. North America Underground Mining Equipment Consumption Value by Country (2024-2029) & (USD Million)
Table 90. Europe Underground Mining Equipment Consumption Value by Type (2018-2023) & (USD Million)
Table 91. Europe Underground Mining Equipment Consumption Value by Type (2024-2029) & (USD Million)
Table 92. Europe Underground Mining Equipment Consumption Value by Application (2018-2023) & (USD Million)
Table 93. Europe Underground Mining Equipment Consumption Value by Application (2024-2029) & (USD Million)
Table 94. Europe Underground Mining Equipment Consumption Value by Country (2018-2023) & (USD Million)
Table 95. Europe Underground Mining Equipment Consumption Value by Country (2024-2029) & (USD Million)
Table 96. Asia-Pacific Underground Mining Equipment Consumption Value by Type (2018-2023) & (USD Million)
Table 97. Asia-Pacific Underground Mining Equipment Consumption Value by Type (2024-2029) & (USD Million)
Table 98. Asia-Pacific Underground Mining Equipment Consumption Value by Application (2018-2023) & (USD Million)
Table 99. Asia-Pacific Underground Mining Equipment Consumption Value by Application (2024-2029) & (USD Million)
Table 100. Asia-Pacific Underground Mining Equipment Consumption Value by Region (2018-2023) & (USD Million)
Table 101. Asia-Pacific Underground Mining Equipment Consumption Value by Region (2024-2029) & (USD Million)
Table 102. South America Underground Mining Equipment Consumption Value by Type (2018-2023) & (USD Million)
Table 103. South America Underground Mining Equipment Consumption Value by Type (2024-2029) & (USD Million)
Table 104. South America Underground Mining Equipment Consumption Value by Application (2018-2023) & (USD Million)
Table 105. South America Underground Mining Equipment Consumption Value by Application (2024-2029) & (USD Million)
Table 106. South America Underground Mining Equipment Consumption Value by Country (2018-2023) & (USD Million)
Table 107. South America Underground Mining Equipment Consumption Value by Country (2024-2029) & (USD Million)
Table 108. Middle East & Africa Underground Mining Equipment Consumption Value by Type (2018-2023) & (USD Million)
Table 109. Middle East & Africa Underground Mining Equipment Consumption Value by Type (2024-2029) & (USD Million)
Table 110. Middle East & Africa Underground Mining Equipment Consumption Value by Application (2018-2023) & (USD Million)
Table 111. Middle East & Africa Underground Mining Equipment Consumption Value by Application (2024-2029) & (USD Million)
Table 112. Middle East & Africa Underground Mining Equipment Consumption Value by Country (2018-2023) & (USD Million)
Table 113. Middle East & Africa Underground Mining Equipment Consumption Value by Country (2024-2029) & (USD Million)
Table 114. Underground Mining Equipment Raw Material
Table 115. Key Suppliers of Underground Mining Equipment Raw Materials
List of Figures
Figure 1. Underground Mining Equipment Picture
Figure 2. Global Underground Mining Equipment Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global Underground Mining Equipment Consumption Value Market Share by Type in 2022
Figure 4. Longwall
Figure 5. Room and Pillar
Figure 6. Global Underground Mining Equipment Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 7. Underground Mining Equipment Consumption Value Market Share by Application in 2022
Figure 8. Coal Mining Picture
Figure 9. Metal Mining Picture
Figure 10. Mineral Mining Picture
Figure 11. Global Underground Mining Equipment Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 12. Global Underground Mining Equipment Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 13. Global Market Underground Mining Equipment Consumption Value (USD Million) Comparison by Region (2018 & 2022 & 2029)
Figure 14. Global Underground Mining Equipment Consumption Value Market Share by Region (2018-2029)
Figure 15. Global Underground Mining Equipment Consumption Value Market Share by Region in 2022
Figure 16. North America Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 17. Europe Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 18. Asia-Pacific Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 19. South America Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 20. Middle East and Africa Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 21. Global Underground Mining Equipment Revenue Share by Players in 2022
Figure 22. Underground Mining Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2022
Figure 23. Global Top 3 Players Underground Mining Equipment Market Share in 2022
Figure 24. Global Top 6 Players Underground Mining Equipment Market Share in 2022
Figure 25. Global Underground Mining Equipment Consumption Value Share by Type (2018-2023)
Figure 26. Global Underground Mining Equipment Market Share Forecast by Type (2024-2029)
Figure 27. Global Underground Mining Equipment Consumption Value Share by Application (2018-2023)
Figure 28. Global Underground Mining Equipment Market Share Forecast by Application (2024-2029)
Figure 29. North America Underground Mining Equipment Consumption Value Market Share by Type (2018-2029)
Figure 30. North America Underground Mining Equipment Consumption Value Market Share by Application (2018-2029)
Figure 31. North America Underground Mining Equipment Consumption Value Market Share by Country (2018-2029)
Figure 32. United States Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 33. Canada Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 34. Mexico Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 35. Europe Underground Mining Equipment Consumption Value Market Share by Type (2018-2029)
Figure 36. Europe Underground Mining Equipment Consumption Value Market Share by Application (2018-2029)
Figure 37. Europe Underground Mining Equipment Consumption Value Market Share by Country (2018-2029)
Figure 38. Germany Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 39. France Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 40. United Kingdom Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 41. Russia Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 42. Italy Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 43. Asia-Pacific Underground Mining Equipment Consumption Value Market Share by Type (2018-2029)
Figure 44. Asia-Pacific Underground Mining Equipment Consumption Value Market Share by Application (2018-2029)
Figure 45. Asia-Pacific Underground Mining Equipment Consumption Value Market Share by Region (2018-2029)
Figure 46. China Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 47. Japan Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 48. South Korea Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 49. India Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 50. Southeast Asia Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 51. Australia Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 52. South America Underground Mining Equipment Consumption Value Market Share by Type (2018-2029)
Figure 53. South America Underground Mining Equipment Consumption Value Market Share by Application (2018-2029)
Figure 54. South America Underground Mining Equipment Consumption Value Market Share by Country (2018-2029)
Figure 55. Brazil Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 56. Argentina Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 57. Middle East and Africa Underground Mining Equipment Consumption Value Market Share by Type (2018-2029)
Figure 58. Middle East and Africa Underground Mining Equipment Consumption Value Market Share by Application (2018-2029)
Figure 59. Middle East and Africa Underground Mining Equipment Consumption Value Market Share by Country (2018-2029)
Figure 60. Turkey Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 61. Saudi Arabia Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 62. UAE Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 63. Underground Mining Equipment Market Drivers
Figure 64. Underground Mining Equipment Market Restraints
Figure 65. Underground Mining Equipment Market Trends
Figure 66. Porters Five Forces Analysis
Figure 67. Manufacturing Cost Structure Analysis of Underground Mining Equipment in 2022
Figure 68. Manufacturing Process Analysis of Underground Mining Equipment
Figure 69. Underground Mining Equipment Industrial Chain
Figure 70. Methodology
Figure 71. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

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Final quality check

yuan2

Clarifying queries

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Receiving feedback

yuan2

Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Global Underground Mining Equipment Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Underground Mining Equipment Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Page: 102

Published Date: 18 Mar 2023

Category: Machinery & Equipment

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Description

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Description

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.

According to our (Global Info Research) latest study, the global Underground Mining Equipment market size was valued at USD 23410 million in 2022 and is forecast to a readjusted size of USD 36390 million by 2029 with a CAGR of 6.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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 is a detailed and comprehensive analysis for global Underground Mining Equipment market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Underground Mining Equipment market size and forecasts, in consumption value ($ Million), 2018-2029
Global Underground Mining Equipment market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Underground Mining Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Underground Mining Equipment market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Underground Mining Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Underground Mining Equipment market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery and Sandvik, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation
Underground Mining Equipment market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Longwall
Room and Pillar

Market segment by Application
Coal Mining
Metal Mining
Mineral Mining

Market segment by players, this report covers
Caterpillar
Komatsu (Joy Global)
Volvo
Hitachi Construction Machinery
Sandvik
Atlas Copco
Metso
ThyssenKrupp
Liebherr-International
ZMJ
FLSmidth
Doosan Infracore
China Coal Group

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Underground Mining Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Underground Mining Equipment, with revenue, gross margin and global market share of Underground Mining Equipment from 2018 to 2023.
Chapter 3, the Underground Mining Equipment competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Underground Mining Equipment market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Underground Mining Equipment.
Chapter 13, to describe Underground Mining Equipment research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope of Underground Mining Equipment
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Underground Mining Equipment by Type
1.3.1 Overview: Global Underground Mining Equipment Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Underground Mining Equipment Consumption Value Market Share by Type in 2022
1.3.3 Longwall
1.3.4 Room and Pillar
1.4 Global Underground Mining Equipment Market by Application
1.4.1 Overview: Global Underground Mining Equipment Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Coal Mining
1.4.3 Metal Mining
1.4.4 Mineral Mining
1.5 Global Underground Mining Equipment Market Size & Forecast
1.6 Global Underground Mining Equipment Market Size and Forecast by Region
1.6.1 Global Underground Mining Equipment Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Underground Mining Equipment Market Size by Region, (2018-2029)
1.6.3 North America Underground Mining Equipment Market Size and Prospect (2018-2029)
1.6.4 Europe Underground Mining Equipment Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Underground Mining Equipment Market Size and Prospect (2018-2029)
1.6.6 South America Underground Mining Equipment Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Underground Mining Equipment Market Size and Prospect (2018-2029)

2 Company Profiles
2.1 Caterpillar
2.1.1 Caterpillar Details
2.1.2 Caterpillar Major Business
2.1.3 Caterpillar Underground Mining Equipment Product and Solutions
2.1.4 Caterpillar Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Caterpillar Recent Developments and Future Plans
2.2 Komatsu (Joy Global)
2.2.1 Komatsu (Joy Global) Details
2.2.2 Komatsu (Joy Global) Major Business
2.2.3 Komatsu (Joy Global) Underground Mining Equipment Product and Solutions
2.2.4 Komatsu (Joy Global) Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Komatsu (Joy Global) Recent Developments and Future Plans
2.3 Volvo
2.3.1 Volvo Details
2.3.2 Volvo Major Business
2.3.3 Volvo Underground Mining Equipment Product and Solutions
2.3.4 Volvo Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Volvo Recent Developments and Future Plans
2.4 Hitachi Construction Machinery
2.4.1 Hitachi Construction Machinery Details
2.4.2 Hitachi Construction Machinery Major Business
2.4.3 Hitachi Construction Machinery Underground Mining Equipment Product and Solutions
2.4.4 Hitachi Construction Machinery Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Hitachi Construction Machinery Recent Developments and Future Plans
2.5 Sandvik
2.5.1 Sandvik Details
2.5.2 Sandvik Major Business
2.5.3 Sandvik Underground Mining Equipment Product and Solutions
2.5.4 Sandvik Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Sandvik Recent Developments and Future Plans
2.6 Atlas Copco
2.6.1 Atlas Copco Details
2.6.2 Atlas Copco Major Business
2.6.3 Atlas Copco Underground Mining Equipment Product and Solutions
2.6.4 Atlas Copco Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Atlas Copco Recent Developments and Future Plans
2.7 Metso
2.7.1 Metso Details
2.7.2 Metso Major Business
2.7.3 Metso Underground Mining Equipment Product and Solutions
2.7.4 Metso Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Metso Recent Developments and Future Plans
2.8 ThyssenKrupp
2.8.1 ThyssenKrupp Details
2.8.2 ThyssenKrupp Major Business
2.8.3 ThyssenKrupp Underground Mining Equipment Product and Solutions
2.8.4 ThyssenKrupp Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 ThyssenKrupp Recent Developments and Future Plans
2.9 Liebherr-International
2.9.1 Liebherr-International Details
2.9.2 Liebherr-International Major Business
2.9.3 Liebherr-International Underground Mining Equipment Product and Solutions
2.9.4 Liebherr-International Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Liebherr-International Recent Developments and Future Plans
2.10 ZMJ
2.10.1 ZMJ Details
2.10.2 ZMJ Major Business
2.10.3 ZMJ Underground Mining Equipment Product and Solutions
2.10.4 ZMJ Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 ZMJ Recent Developments and Future Plans
2.11 FLSmidth
2.11.1 FLSmidth Details
2.11.2 FLSmidth Major Business
2.11.3 FLSmidth Underground Mining Equipment Product and Solutions
2.11.4 FLSmidth Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 FLSmidth Recent Developments and Future Plans
2.12 Doosan Infracore
2.12.1 Doosan Infracore Details
2.12.2 Doosan Infracore Major Business
2.12.3 Doosan Infracore Underground Mining Equipment Product and Solutions
2.12.4 Doosan Infracore Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Doosan Infracore Recent Developments and Future Plans
2.13 China Coal Group
2.13.1 China Coal Group Details
2.13.2 China Coal Group Major Business
2.13.3 China Coal Group Underground Mining Equipment Product and Solutions
2.13.4 China Coal Group Underground Mining Equipment Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 China Coal Group Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Underground Mining Equipment Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Underground Mining Equipment by Company Revenue
3.2.2 Top 3 Underground Mining Equipment Players Market Share in 2022
3.2.3 Top 6 Underground Mining Equipment Players Market Share in 2022
3.3 Underground Mining Equipment Market: Overall Company Footprint Analysis
3.3.1 Underground Mining Equipment Market: Region Footprint
3.3.2 Underground Mining Equipment Market: Company Product Type Footprint
3.3.3 Underground Mining Equipment Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Underground Mining Equipment Consumption Value and Market Share by Type (2018-2023)
4.2 Global Underground Mining Equipment Market Forecast by Type (2024-2029)

5 Market Size Segment by Application
5.1 Global Underground Mining Equipment Consumption Value Market Share by Application (2018-2023)
5.2 Global Underground Mining Equipment Market Forecast by Application (2024-2029)

6 North America
6.1 North America Underground Mining Equipment Consumption Value by Type (2018-2029)
6.2 North America Underground Mining Equipment Consumption Value by Application (2018-2029)
6.3 North America Underground Mining Equipment Market Size by Country
6.3.1 North America Underground Mining Equipment Consumption Value by Country (2018-2029)
6.3.2 United States Underground Mining Equipment Market Size and Forecast (2018-2029)
6.3.3 Canada Underground Mining Equipment Market Size and Forecast (2018-2029)
6.3.4 Mexico Underground Mining Equipment Market Size and Forecast (2018-2029)

7 Europe
7.1 Europe Underground Mining Equipment Consumption Value by Type (2018-2029)
7.2 Europe Underground Mining Equipment Consumption Value by Application (2018-2029)
7.3 Europe Underground Mining Equipment Market Size by Country
7.3.1 Europe Underground Mining Equipment Consumption Value by Country (2018-2029)
7.3.2 Germany Underground Mining Equipment Market Size and Forecast (2018-2029)
7.3.3 France Underground Mining Equipment Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Underground Mining Equipment Market Size and Forecast (2018-2029)
7.3.5 Russia Underground Mining Equipment Market Size and Forecast (2018-2029)
7.3.6 Italy Underground Mining Equipment Market Size and Forecast (2018-2029)

8 Asia-Pacific
8.1 Asia-Pacific Underground Mining Equipment Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Underground Mining Equipment Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Underground Mining Equipment Market Size by Region
8.3.1 Asia-Pacific Underground Mining Equipment Consumption Value by Region (2018-2029)
8.3.2 China Underground Mining Equipment Market Size and Forecast (2018-2029)
8.3.3 Japan Underground Mining Equipment Market Size and Forecast (2018-2029)
8.3.4 South Korea Underground Mining Equipment Market Size and Forecast (2018-2029)
8.3.5 India Underground Mining Equipment Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Underground Mining Equipment Market Size and Forecast (2018-2029)
8.3.7 Australia Underground Mining Equipment Market Size and Forecast (2018-2029)

9 South America
9.1 South America Underground Mining Equipment Consumption Value by Type (2018-2029)
9.2 South America Underground Mining Equipment Consumption Value by Application (2018-2029)
9.3 South America Underground Mining Equipment Market Size by Country
9.3.1 South America Underground Mining Equipment Consumption Value by Country (2018-2029)
9.3.2 Brazil Underground Mining Equipment Market Size and Forecast (2018-2029)
9.3.3 Argentina Underground Mining Equipment Market Size and Forecast (2018-2029)

10 Middle East & Africa
10.1 Middle East & Africa Underground Mining Equipment Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Underground Mining Equipment Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Underground Mining Equipment Market Size by Country
10.3.1 Middle East & Africa Underground Mining Equipment Consumption Value by Country (2018-2029)
10.3.2 Turkey Underground Mining Equipment Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Underground Mining Equipment Market Size and Forecast (2018-2029)
10.3.4 UAE Underground Mining Equipment Market Size and Forecast (2018-2029)

11 Market Dynamics
11.1 Underground Mining Equipment Market Drivers
11.2 Underground Mining Equipment Market Restraints
11.3 Underground Mining Equipment Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War

12 Industry Chain Analysis
12.1 Underground Mining Equipment Industry Chain
12.2 Underground Mining Equipment Upstream Analysis
12.3 Underground Mining Equipment Midstream Analysis
12.4 Underground Mining Equipment Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Underground Mining Equipment Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global Underground Mining Equipment Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Global Underground Mining Equipment Consumption Value by Region (2018-2023) & (USD Million)
Table 4. Global Underground Mining Equipment Consumption Value by Region (2024-2029) & (USD Million)
Table 5. Caterpillar Company Information, Head Office, and Major Competitors
Table 6. Caterpillar Major Business
Table 7. Caterpillar Underground Mining Equipment Product and Solutions
Table 8. Caterpillar Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 9. Caterpillar Recent Developments and Future Plans
Table 10. Komatsu (Joy Global) Company Information, Head Office, and Major Competitors
Table 11. Komatsu (Joy Global) Major Business
Table 12. Komatsu (Joy Global) Underground Mining Equipment Product and Solutions
Table 13. Komatsu (Joy Global) Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 14. Komatsu (Joy Global) Recent Developments and Future Plans
Table 15. Volvo Company Information, Head Office, and Major Competitors
Table 16. Volvo Major Business
Table 17. Volvo Underground Mining Equipment Product and Solutions
Table 18. Volvo Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 19. Volvo Recent Developments and Future Plans
Table 20. Hitachi Construction Machinery Company Information, Head Office, and Major Competitors
Table 21. Hitachi Construction Machinery Major Business
Table 22. Hitachi Construction Machinery Underground Mining Equipment Product and Solutions
Table 23. Hitachi Construction Machinery Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 24. Hitachi Construction Machinery Recent Developments and Future Plans
Table 25. Sandvik Company Information, Head Office, and Major Competitors
Table 26. Sandvik Major Business
Table 27. Sandvik Underground Mining Equipment Product and Solutions
Table 28. Sandvik Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 29. Sandvik Recent Developments and Future Plans
Table 30. Atlas Copco Company Information, Head Office, and Major Competitors
Table 31. Atlas Copco Major Business
Table 32. Atlas Copco Underground Mining Equipment Product and Solutions
Table 33. Atlas Copco Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 34. Atlas Copco Recent Developments and Future Plans
Table 35. Metso Company Information, Head Office, and Major Competitors
Table 36. Metso Major Business
Table 37. Metso Underground Mining Equipment Product and Solutions
Table 38. Metso Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 39. Metso Recent Developments and Future Plans
Table 40. ThyssenKrupp Company Information, Head Office, and Major Competitors
Table 41. ThyssenKrupp Major Business
Table 42. ThyssenKrupp Underground Mining Equipment Product and Solutions
Table 43. ThyssenKrupp Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 44. ThyssenKrupp Recent Developments and Future Plans
Table 45. Liebherr-International Company Information, Head Office, and Major Competitors
Table 46. Liebherr-International Major Business
Table 47. Liebherr-International Underground Mining Equipment Product and Solutions
Table 48. Liebherr-International Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 49. Liebherr-International Recent Developments and Future Plans
Table 50. ZMJ Company Information, Head Office, and Major Competitors
Table 51. ZMJ Major Business
Table 52. ZMJ Underground Mining Equipment Product and Solutions
Table 53. ZMJ Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 54. ZMJ Recent Developments and Future Plans
Table 55. FLSmidth Company Information, Head Office, and Major Competitors
Table 56. FLSmidth Major Business
Table 57. FLSmidth Underground Mining Equipment Product and Solutions
Table 58. FLSmidth Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 59. FLSmidth Recent Developments and Future Plans
Table 60. Doosan Infracore Company Information, Head Office, and Major Competitors
Table 61. Doosan Infracore Major Business
Table 62. Doosan Infracore Underground Mining Equipment Product and Solutions
Table 63. Doosan Infracore Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 64. Doosan Infracore Recent Developments and Future Plans
Table 65. China Coal Group Company Information, Head Office, and Major Competitors
Table 66. China Coal Group Major Business
Table 67. China Coal Group Underground Mining Equipment Product and Solutions
Table 68. China Coal Group Underground Mining Equipment Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 69. China Coal Group Recent Developments and Future Plans
Table 70. Global Underground Mining Equipment Revenue (USD Million) by Players (2018-2023)
Table 71. Global Underground Mining Equipment Revenue Share by Players (2018-2023)
Table 72. Breakdown of Underground Mining Equipment by Company Type (Tier 1, Tier 2, and Tier 3)
Table 73. Market Position of Players in Underground Mining Equipment, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2022
Table 74. Head Office of Key Underground Mining Equipment Players
Table 75. Underground Mining Equipment Market: Company Product Type Footprint
Table 76. Underground Mining Equipment Market: Company Product Application Footprint
Table 77. Underground Mining Equipment New Market Entrants and Barriers to Market Entry
Table 78. Underground Mining Equipment Mergers, Acquisition, Agreements, and Collaborations
Table 79. Global Underground Mining Equipment Consumption Value (USD Million) by Type (2018-2023)
Table 80. Global Underground Mining Equipment Consumption Value Share by Type (2018-2023)
Table 81. Global Underground Mining Equipment Consumption Value Forecast by Type (2024-2029)
Table 82. Global Underground Mining Equipment Consumption Value by Application (2018-2023)
Table 83. Global Underground Mining Equipment Consumption Value Forecast by Application (2024-2029)
Table 84. North America Underground Mining Equipment Consumption Value by Type (2018-2023) & (USD Million)
Table 85. North America Underground Mining Equipment Consumption Value by Type (2024-2029) & (USD Million)
Table 86. North America Underground Mining Equipment Consumption Value by Application (2018-2023) & (USD Million)
Table 87. North America Underground Mining Equipment Consumption Value by Application (2024-2029) & (USD Million)
Table 88. North America Underground Mining Equipment Consumption Value by Country (2018-2023) & (USD Million)
Table 89. North America Underground Mining Equipment Consumption Value by Country (2024-2029) & (USD Million)
Table 90. Europe Underground Mining Equipment Consumption Value by Type (2018-2023) & (USD Million)
Table 91. Europe Underground Mining Equipment Consumption Value by Type (2024-2029) & (USD Million)
Table 92. Europe Underground Mining Equipment Consumption Value by Application (2018-2023) & (USD Million)
Table 93. Europe Underground Mining Equipment Consumption Value by Application (2024-2029) & (USD Million)
Table 94. Europe Underground Mining Equipment Consumption Value by Country (2018-2023) & (USD Million)
Table 95. Europe Underground Mining Equipment Consumption Value by Country (2024-2029) & (USD Million)
Table 96. Asia-Pacific Underground Mining Equipment Consumption Value by Type (2018-2023) & (USD Million)
Table 97. Asia-Pacific Underground Mining Equipment Consumption Value by Type (2024-2029) & (USD Million)
Table 98. Asia-Pacific Underground Mining Equipment Consumption Value by Application (2018-2023) & (USD Million)
Table 99. Asia-Pacific Underground Mining Equipment Consumption Value by Application (2024-2029) & (USD Million)
Table 100. Asia-Pacific Underground Mining Equipment Consumption Value by Region (2018-2023) & (USD Million)
Table 101. Asia-Pacific Underground Mining Equipment Consumption Value by Region (2024-2029) & (USD Million)
Table 102. South America Underground Mining Equipment Consumption Value by Type (2018-2023) & (USD Million)
Table 103. South America Underground Mining Equipment Consumption Value by Type (2024-2029) & (USD Million)
Table 104. South America Underground Mining Equipment Consumption Value by Application (2018-2023) & (USD Million)
Table 105. South America Underground Mining Equipment Consumption Value by Application (2024-2029) & (USD Million)
Table 106. South America Underground Mining Equipment Consumption Value by Country (2018-2023) & (USD Million)
Table 107. South America Underground Mining Equipment Consumption Value by Country (2024-2029) & (USD Million)
Table 108. Middle East & Africa Underground Mining Equipment Consumption Value by Type (2018-2023) & (USD Million)
Table 109. Middle East & Africa Underground Mining Equipment Consumption Value by Type (2024-2029) & (USD Million)
Table 110. Middle East & Africa Underground Mining Equipment Consumption Value by Application (2018-2023) & (USD Million)
Table 111. Middle East & Africa Underground Mining Equipment Consumption Value by Application (2024-2029) & (USD Million)
Table 112. Middle East & Africa Underground Mining Equipment Consumption Value by Country (2018-2023) & (USD Million)
Table 113. Middle East & Africa Underground Mining Equipment Consumption Value by Country (2024-2029) & (USD Million)
Table 114. Underground Mining Equipment Raw Material
Table 115. Key Suppliers of Underground Mining Equipment Raw Materials
List of Figures
Figure 1. Underground Mining Equipment Picture
Figure 2. Global Underground Mining Equipment Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global Underground Mining Equipment Consumption Value Market Share by Type in 2022
Figure 4. Longwall
Figure 5. Room and Pillar
Figure 6. Global Underground Mining Equipment Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 7. Underground Mining Equipment Consumption Value Market Share by Application in 2022
Figure 8. Coal Mining Picture
Figure 9. Metal Mining Picture
Figure 10. Mineral Mining Picture
Figure 11. Global Underground Mining Equipment Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 12. Global Underground Mining Equipment Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 13. Global Market Underground Mining Equipment Consumption Value (USD Million) Comparison by Region (2018 & 2022 & 2029)
Figure 14. Global Underground Mining Equipment Consumption Value Market Share by Region (2018-2029)
Figure 15. Global Underground Mining Equipment Consumption Value Market Share by Region in 2022
Figure 16. North America Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 17. Europe Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 18. Asia-Pacific Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 19. South America Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 20. Middle East and Africa Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 21. Global Underground Mining Equipment Revenue Share by Players in 2022
Figure 22. Underground Mining Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2022
Figure 23. Global Top 3 Players Underground Mining Equipment Market Share in 2022
Figure 24. Global Top 6 Players Underground Mining Equipment Market Share in 2022
Figure 25. Global Underground Mining Equipment Consumption Value Share by Type (2018-2023)
Figure 26. Global Underground Mining Equipment Market Share Forecast by Type (2024-2029)
Figure 27. Global Underground Mining Equipment Consumption Value Share by Application (2018-2023)
Figure 28. Global Underground Mining Equipment Market Share Forecast by Application (2024-2029)
Figure 29. North America Underground Mining Equipment Consumption Value Market Share by Type (2018-2029)
Figure 30. North America Underground Mining Equipment Consumption Value Market Share by Application (2018-2029)
Figure 31. North America Underground Mining Equipment Consumption Value Market Share by Country (2018-2029)
Figure 32. United States Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 33. Canada Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 34. Mexico Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 35. Europe Underground Mining Equipment Consumption Value Market Share by Type (2018-2029)
Figure 36. Europe Underground Mining Equipment Consumption Value Market Share by Application (2018-2029)
Figure 37. Europe Underground Mining Equipment Consumption Value Market Share by Country (2018-2029)
Figure 38. Germany Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 39. France Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 40. United Kingdom Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 41. Russia Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 42. Italy Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 43. Asia-Pacific Underground Mining Equipment Consumption Value Market Share by Type (2018-2029)
Figure 44. Asia-Pacific Underground Mining Equipment Consumption Value Market Share by Application (2018-2029)
Figure 45. Asia-Pacific Underground Mining Equipment Consumption Value Market Share by Region (2018-2029)
Figure 46. China Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 47. Japan Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 48. South Korea Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 49. India Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 50. Southeast Asia Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 51. Australia Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 52. South America Underground Mining Equipment Consumption Value Market Share by Type (2018-2029)
Figure 53. South America Underground Mining Equipment Consumption Value Market Share by Application (2018-2029)
Figure 54. South America Underground Mining Equipment Consumption Value Market Share by Country (2018-2029)
Figure 55. Brazil Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 56. Argentina Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 57. Middle East and Africa Underground Mining Equipment Consumption Value Market Share by Type (2018-2029)
Figure 58. Middle East and Africa Underground Mining Equipment Consumption Value Market Share by Application (2018-2029)
Figure 59. Middle East and Africa Underground Mining Equipment Consumption Value Market Share by Country (2018-2029)
Figure 60. Turkey Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 61. Saudi Arabia Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 62. UAE Underground Mining Equipment Consumption Value (2018-2029) & (USD Million)
Figure 63. Underground Mining Equipment Market Drivers
Figure 64. Underground Mining Equipment Market Restraints
Figure 65. Underground Mining Equipment Market Trends
Figure 66. Porters Five Forces Analysis
Figure 67. Manufacturing Cost Structure Analysis of Underground Mining Equipment in 2022
Figure 68. Manufacturing Process Analysis of Underground Mining Equipment
Figure 69. Underground Mining Equipment Industrial Chain
Figure 70. Methodology
Figure 71. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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