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Published: Apr, 2016 | Pages:
144 | Publisher: Grand View Research
Industry: Equipment | Report Format: Electronic (PDF)
The global mining equipment market size is expected to reach USD 128.39 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.5% during the forecast period. Rising drilling and exploration activities globally are expected to provide an impetus to industry growth. Increasing demand for resources in the mining sector has encouraged players in the sector to adopt technologies and procedures that streamline every step of the exploration process. This need has enabled mining companies to roll out automated equipment including drillers, excavators, and trucks to boost efficiency while reducing need for human intervention. Increasing product launches and focus on automation is expected to offer new growth avenues in the mining sector. These new product launches and automation technologies have the potential to transform daily operations and optimize returns on mining assets. Furthermore, favorable government initiatives such as fiscal incentives and coal mining policies are further aiding industry growth. Decreasing ore grades and exhaustion of minerals are imposing a threat to mining companies, which has led to shifting mining sites to more remote locations. These locations bring with them technical complexities related to labor, energy consumption, and infrastructure, which require efficient mining equipment, thereby driving market growth. Increasing demand for iron ore, coal, diamonds, and chromium in emerging countries is expected to provide strong growth avenues for surface mining over the next few years. Burgeoning adoption of this equipment facilitates selective mining operations by producing high-quality materials and creating embankments and stable surfaces. Additionally, there has been increasing demand for underground mining equipment from the coal industry. Many countries such as India, UAE, Brazil, and China have made substantial investments in coal activities and oil and gas production satiate their energy requirements. Surging infrastructure development activities are expected to supplement coal demand in the Asia Pacific region, as it is one of the most crucial raw materials required in the manufacturing of cement and steel. Further key findings from the report suggest: • The mineral processing machinery segment is anticipated to gain substantial market share by 2025. It is a crucial process that most ores have to go through post-mining to ensure a more concentrated material • The metal mining application segment is expected to expand at a CAGR of 6.7% over the forecast period. Increased gold exploration activities globally are expected to account for segment growth • Revenue share of the North America market is expected to surpass 9.6% by 2025. This growth can be attributed to identification of new natural gas reserves in U.S. • Key players in the industry include Caterpillar Inc.; Komatsu Ltd.; Joy Global Inc.; Sandvik AB; Atlas Copco AB; and Metso Corporation
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Market Snapshot
3.1. Mining Equipment - Market Snapshot &Key Buying Criteria, 2014 - 2025
Chapter 4. Mining Equipment Industry Outlook
4.1. Market Segmentation &Scope
4.2. Mining Equipment- Market Size and Growth Prospects
4.3. Value Chain Analysis
4.3.1. Vendor landscape
4.4. Market Dynamics
4.4.1. Slowdown in the mining industry
4.4.2. Market driver analysis
4.4.2.1. Decreasing ore grades
4.4.2.2. Technological innovation driving the heavy equipment demand
4.4.2.2.1. Technological advancements in the mining industry
4.4.3. Market restraints analysis
4.4.3.1. High machinery cost
4.5. Penetration and Growth Prospect Mapping
4.6. Mining EquipmentMarket - Porter’s Analysis
4.7. Mining EquipmentKey Company Analysis, 2015
4.8. Mining Equipment- PESTEL analysis
Chapter 5. Mining Equipment Product Outlook
5.1. Global Mining EquipmentMarket Share by Product, 2015 & 2025
5.2. Mining Drills &Breakers
5.2.1. Market estimates and forecasts, 2014 - 2025
5.3. Crushing, Pulverizing &Screening Equipment
5.3.1. Market estimates and forecasts, 2014 - 2025
5.4. Mineral Processing Machinery
5.4.1. Market estimates and forecasts, 2014 - 2025
5.5. Surface Mining Equipment
5.5.1. Market estimates and forecasts, 2014 - 2025
5.6. Underground Mining Machinery
5.6.1. Market estimates and forecasts, 2014 - 2025
5.7. Others
5.7.1. Market estimates and forecasts, 2014 - 2025
Chapter 6. Mining Equipment Application Outlook
6.1. Metal mining
6.1.1. Global market estimates and forecasts, 2014 - 2025
6.2. Mineral mining
6.2.1. Global market estimates and forecasts, 2014 - 2025
6.3. Coal mining
6.3.1. Global market estimates and forecasts, 2014 - 2025
Chapter 7. Mining Equipment Regional Outlook
7.1. North America
7.1.1. Mining equipment market by product, 2014 - 2025
7.1.2. Mining equipment market byapplication, 2014 - 2025
7.1.3. U.S.
7.1.3.1. Mining equipment market byproduct, 2014 - 2025
7.1.3.2. Mining equipment market by application, 2014 - 2025
7.1.4. Canada
7.1.4.1. Mining equipment market byproduct, 2014 - 2025
7.1.4.2. Mining equipment market by application, 2014 - 2025
7.2. Europe
7.2.1. Mining equipment market byproduct, 2014 - 2025
7.2.2. Mining equipment market by application, 2014 - 2025
7.2.3. Germany
7.2.3.1. Mining equipment market byproduct, 2014 - 2025
7.2.3.2. Mining equipment market by application, 2014 - 2025
7.2.4. UK
7.2.4.1. Mining equipment market byproduct, 2014 - 2025
7.2.4.2. Mining equipment market by application, 2014 - 2025
7.3. Asia Pacific
7.3.1. Mining equipment market byproduct, 2014 - 2025
7.3.2. Mining equipment market by application, 2014 - 2025
7.3.3. China
7.3.3.1. Mining equipment market byproduct, 2014 - 2025
7.3.3.2. Mining equipment market by application, 2014 - 2025
7.3.4. India
7.3.4.1. Mining equipment market byproduct, 2014 - 2025
7.3.4.2. Mining equipment market by application, 2014 - 2025
7.4. RoW
7.4.1. Mining equipment market byproduct, 2014 - 2025
7.4.2. Mining equipment market by application, 2014 - 2025
Chapter 8. Competitive Landscape
8.1. Atlas Copco AB
8.1.1. Company overview
8.1.2. Financial performance
8.1.3. Product benchmarking
8.1.4. Strategic initiatives
8.2. Boart Longyear Ltd.
8.2.1. Company overview
8.2.2. Financial performance
8.2.3. Product benchmarking
8.2.4. Strategic initiatives
8.3. Caterpillar Inc.
8.3.1. Company overview
8.3.2. Financial performance
8.3.3. Product benchmarking
8.3.4. Strategic initiatives
8.4. China Coal Technology and Engineering Group Corp.
8.4.1. Company overview
8.4.2. Product benchmarking
8.5. China National Coal Mining Equipment
8.5.1. Company overview
8.5.2. Financial performance
8.5.3. Product benchmarking
8.6. FLSmidth & Co. A/S
8.6.1. Company overview
8.6.2. Financial performance
8.6.3. Product benchmarking
8.6.4. Strategic initiatives
8.7. Hitachi Construction Machinery Co., Ltd.
8.7.1. Company overview
8.7.2. Financial performance
8.7.3. Product benchmarking
8.7.4. Strategic initiatives
8.8. Joy Global Inc.
8.8.1. Company overview
8.8.2. Financial performance
8.8.3. Product benchmarking
8.8.4. Strategic initiatives
8.9. Komatsu Ltd.
8.9.1. Company overview
8.9.2. Financial performance
8.9.3. Product benchmarking
8.9.4. Strategic initiatives
8.8. Metso Corporation
8.8.1. Company overview
8.8.2. Financial performance
8.8.3. Product benchmarking
8.8.4. Strategic initiatives
8.11. Northern Heavy Industries Group Co. Ltd.
8.11.1. Company overview
8.11.2. Financial performance
8.11.3. Product benchmarking
8.11.4. Strategic initiatives
8.12. Outotec Oyj
8.12.1. Company overview
8.12.2. Financial performance
8.12.3. Product benchmarking
8.12.4. Strategic initiatives
8.13. Sandvik AB
8.13.1. Company overview
8.13.2. Financial performance
8.13.3. Product benchmarking
8.13.4. Strategic initiatives
8.14. Zhengzhou Coal Mining Machinery Group Limited
8.14.1. Company overview
8.14.2. Product benchmarking
List of Tables 1. Global mining equipment market, 2014 - 2025 (USD Billion) 2. Global market estimates and forecasts by region, 2014 - 2025 (USD Billion) 3. Global market estimates and forecasts by product, 2014 - 2025 (USD Billion) 4. Global market estimates and forecasts by application, 2014 - 2025 (USD Billion) 5. Key competitors’ rental equipment portfolio 6. Key market participants 7. Global mining drills & breakers market by region, 2014 - 2025 (USD Billion) 8. Global crushing, pulverizing & screening equipment market by region, 2014 - 2025 (USD Billion) 9. Global mineral processing machinery market by region, 2014 - 2025 (USD Billion) 10. Global surface mining equipment market by region, 2014 - 2025 (USD Billion) 11. Global underground mining machinery market by region, 2014 - 2025 (USD Billion) 12. Global others market by region, 2014 - 2025 (USD Billion) 13. Global metal mining market by region, 2014 - 2025 (USD Billion) 14. Global mineral mining market by region, 2014 - 2025 (USD Billion) 15. Global coal mining market by region, 2014 - 2025 (USD Billion) 16. North America mining equipment market by product, 2014 - 2025 (USD Billion) 17. North America mining equipment market by application, 2014 - 2025 (USD Billion) 18. Key mining projects in North America 19. U.S. mining equipment market by product, 2014 - 2025 (USD Billion) 20. U.S. mining equipment market by application, 2014 - 2025 (USD Billion) 21. Canada mining equipment market by product, 2014 - 2025 (USD Billion) 22. Canada mining equipment market by application, 2014 - 2025 (USD Billion) 23. Europe mining equipment market by product, 2014 - 2025 (USD Billion) 24. Europe mining equipment market by application, 2014 - 2025 (USD Billion) 25. Key mining projects in Europe 26. Germany mining equipment market by product, 2014 - 2025 (USD Billion) 27. Germany Mining equipment market by application, 2014 - 2025 (USD Billion) 28. UK mining equipment market by product, 2014 - 2025 (USD Billion) 29. UK mining equipment market by application, 2014 - 2025 (USD Billion) 30. Asia Pacific mining equipment market by product, 2014 - 2025 (USD Billion) 31. Asia Pacific mining equipment market by application, 2014 - 2025 (USD Billion) 32. Key mining projects in Asia Pacific 33. China mining equipment market by product, 2014 - 2025 (USD Billion) 34. China mining equipment market by application, 2014 - 2025 (USD Billion) 35. India mining equipment market by product, 2014 - 2025 (USD Billion) 36. India mining equipment market by application, 2014 - 2025 (USD Billion) 37. RoW mining equipment market by product, 2014 - 2025 (USD Billion) 38. RoW mining equipment market by application, 2014 - 2025 (USD Billion) 39. Key mining projects in Latin America 40. Key mining projects in Africa List of Figures 1. Market snapshot 2. Market segmentation 3. Mining equipment - Market size and growth prospects 4. Mining equipment - Value chain analysis 5. Market dynamics 6. Average copper ore head grades 7. Penetration & growth prospect mapping 8. Porter’s five forces analysis 9. Key Company analysis, 2015 10. Mining equipment - PESTEL analysis 11. Mining equipment market product outlook key takeaways 12. Mining equipment market: Product movement analysis 13. Global mining drills & breakers market, 2014 - 2025 (USD Billion) 14. Global crushing, pulverizing & screening equipment market, 2014 - 2025 (USD Billion) 15. Global mineral processing machinery market, 2014 - 2025 (USD Billion) 16. Global surface mining equipment market, 2014 - 2025 (USD Billion) 17. Global underground mining machinery market, 2014 - 2025 (USD Billion) 18. Global others market, 2014 - 2025 (USD Billion) 19. Mining equipment market application outlook key takeaways 20. Mining equipment market: Application movement analysis 21. Global metal mining market, 2014 - 2025 (USD Billion) 22. Global mineral mining market, 2014 - 2025 (USD Billion) 23. Global coal mining market, 2014 - 2025 (USD Billion) 24. Regional marketplace: Key takeaways 25. Regional outlook, 2015 & 2025
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