Learn about the global mining machinery and equipment market through The Business Research Company, which provides information on mining machinery and equipment market size, mining machinery and equipment market drivers and restraints, mining machinery and equipment market players, the COVID-19 impact on the mining machinery and equipment market, and more.

Last chance at deals on TBRC’s market research reports! Get the best offer today.

The global mining machinery and equipment market is expected to grow from $24.99 billion in 2020 to $27.07 billion in 2021 at a compound annual growth rate (CAGR) of 8.36%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $41.49 billion in 2025 at a CAGR of 11.26%.

The increasing demand for mining is expected to drive innovation in mining machinery and equipment manufacturing, thus driving the market during the forecast period.

Request A Sample For The Global Mining Machinery And Equipment Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3964&type=smph

The mining machinery and equipment market consists of sales of mining machinery and equipment by entities (organizations, sole traders or partnerships) that are engaged in manufacturing underground mining machinery and equipment, such as coal breakers, mining cars, core drills, coal cutters, rock drills and manufacturing mineral beneficiating machinery and equipment used in surface or underground mines. Only goods and services traded between entities or sold to end consumers are included.

Global mining machinery and equipment market segments include:

By Product Type: Underground Mining Machinery, Surface Mining Machinery, Drills and Breakers, Crushing, Pulverizing, and Screening Equipment, Mineral Processing Machinery, Others

By Function Type: Transportation, Processing, Excavation

By Application: Coal, Mineral, Metal

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the mining machinery market in 2020.

The growing technological advancements are a major trend shaping popularity in the mining machinery and equipment market. Major firms operating in the mining machinery sector are focusing on developing advanced technology solutions for mining machinery.

TBRC’s mining machinery and equipment market report covers:

Major Market Players: Caterpillar Inc., Komatsu Ltd., Metso Corporation, Sandvik AB, Doosan Corporation, Liebherr, Hitachi Construction Machinery Co., Ltd., Atlas Copco AB, Epiroc AB, Sany Heavy Equipment International Holdings Company Limited, Hyundai Heavy Industries, Joy Global Inc, Astec Industries Incorporated, Bell Equipment Limited, Boart Longyear Ltd, Bradken Limited, FLSmidth & Co., Furukawa Co. Ltd, Kopex SA, and Deere & Company.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Mining Machinery And Equipment Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides mining machinery and equipment market overviews, analyzes and forecasts market size, share, mining machinery and equipment market players, mining machinery and equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s mining machinery and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company: 

Stone Mining And Quarrying Global Market Report 2020

General Mineral Mining Global Market Report 2020

Metal Ore Mining Global Market Report 2020

Interested To Know More About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Blog: https://blog.tbrc.info/
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model