Industry: Machinery & Equipment
Published Date: 2024-04-22
Pages: 106 Pages
Report ld: 2941928
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Underground Mining Machinery Market Size(US$)

CAGR 2024-2030
3.7%
Market Size,2030
USD 29,410
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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.
The global Underground Mining Machinery market is projected to grow from US$ 23710 million in 2024 to US$ 29410 million by 2030, at a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast period.
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.
In terms of production side, this report researches the Underground Mining Machinery production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Underground Mining Machinery by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
Report Covers:
This report presents an overview of global market for Underground Mining Machinery, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Underground Mining Machinery, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Underground Mining Machinery, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Underground Mining Machinery sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Underground Mining Machinery market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Underground Mining Machinery sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Komatsu, Bel Company, Joy Global, Sandvik Group, Volvo, Hitachi Construction Machine, Boart Longyear Group, Russell Ackoff Company and Singer Smith, etc.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Underground Mining Machinery production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Underground Mining Machinery in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Underground Mining Machinery manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Underground Mining Machinery sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Underground Mining Machinery Product Introduction
1.2 Market by Type
1.2.1 Global Underground Mining Machinery Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Electric Mining Machinery
1.2.3 Hydraulic Mining Machinery
1.3 Market by Application
1.3.1 Global Underground Mining Machinery Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Mining
1.3.3 Chemical
1.3.4 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Underground Mining Machinery Production
2.1 Global Underground Mining Machinery Production Capacity (2019-2030)
2.2 Global Underground Mining Machinery Production by Region: 2019 VS 2023 VS 2030
2.3 Global Underground Mining Machinery Production by Region
2.3.1 Global Underground Mining Machinery Historic Production by Region (2019-2024)
2.3.2 Global Underground Mining Machinery Forecasted Production by Region (2025-2030)
2.3.3 Global Underground Mining Machinery Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Underground Mining Machinery Revenue Estimates and Forecasts 2019-2030
3.2 Global Underground Mining Machinery Revenue by Region
3.2.1 Global Underground Mining Machinery Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Underground Mining Machinery Revenue by Region (2019-2024)
3.2.3 Global Underground Mining Machinery Revenue by Region (2025-2030)
3.2.4 Global Underground Mining Machinery Revenue Market Share by Region (2019-2030)
3.3 Global Underground Mining Machinery Sales Estimates and Forecasts 2019-2030
3.4 Global Underground Mining Machinery Sales by Region
3.4.1 Global Underground Mining Machinery Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Underground Mining Machinery Sales by Region (2019-2024)
3.4.3 Global Underground Mining Machinery Sales by Region (2025-2030)
3.4.4 Global Underground Mining Machinery Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global Underground Mining Machinery Sales by Manufacturers
4.1.1 Global Underground Mining Machinery Sales by Manufacturers (2019-2024)
4.1.2 Global Underground Mining Machinery Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Underground Mining Machinery in 2023
4.2 Global Underground Mining Machinery Revenue by Manufacturers
4.2.1 Global Underground Mining Machinery Revenue by Manufacturers (2019-2024)
4.2.2 Global Underground Mining Machinery Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Underground Mining Machinery Revenue in 2023
4.3 Global Underground Mining Machinery Sales Price by Manufacturers
4.4 Global Key Players of Underground Mining Machinery, Industry Ranking, 2022 VS 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Underground Mining Machinery Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Underground Mining Machinery, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Underground Mining Machinery, Product Offered and Application
4.8 Global Key Manufacturers of Underground Mining Machinery, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Underground Mining Machinery Sales by Type
5.1.1 Global Underground Mining Machinery Historical Sales by Type (2019-2024)
5.1.2 Global Underground Mining Machinery Forecasted Sales by Type (2025-2030)
5.1.3 Global Underground Mining Machinery Sales Market Share by Type (2019-2030)
5.2 Global Underground Mining Machinery Revenue by Type
5.2.1 Global Underground Mining Machinery Historical Revenue by Type (2019-2024)
5.2.2 Global Underground Mining Machinery Forecasted Revenue by Type (2025-2030)
5.2.3 Global Underground Mining Machinery Revenue Market Share by Type (2019-2030)
5.3 Global Underground Mining Machinery Price by Type
5.3.1 Global Underground Mining Machinery Price by Type (2019-2024)
5.3.2 Global Underground Mining Machinery Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Underground Mining Machinery Sales by Application
6.1.1 Global Underground Mining Machinery Historical Sales by Application (2019-2024)
6.1.2 Global Underground Mining Machinery Forecasted Sales by Application (2025-2030)
6.1.3 Global Underground Mining Machinery Sales Market Share by Application (2019-2030)
6.2 Global Underground Mining Machinery Revenue by Application
6.2.1 Global Underground Mining Machinery Historical Revenue by Application (2019-2024)
6.2.2 Global Underground Mining Machinery Forecasted Revenue by Application (2025-2030)
6.2.3 Global Underground Mining Machinery Revenue Market Share by Application (2019-2030)
6.3 Global Underground Mining Machinery Price by Application
6.3.1 Global Underground Mining Machinery Price by Application (2019-2024)
6.3.2 Global Underground Mining Machinery Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada Underground Mining Machinery Market Size by Type
7.1.1 US & Canada Underground Mining Machinery Sales by Type (2019-2030)
7.1.2 US & Canada Underground Mining Machinery Revenue by Type (2019-2030)
7.2 US & Canada Underground Mining Machinery Market Size by Application
7.2.1 US & Canada Underground Mining Machinery Sales by Application (2019-2030)
7.2.2 US & Canada Underground Mining Machinery Revenue by Application (2019-2030)
7.3 US & Canada Underground Mining Machinery Sales by Country
7.3.1 US & Canada Underground Mining Machinery Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada Underground Mining Machinery Sales by Country (2019-2030)
7.3.3 US & Canada Underground Mining Machinery Revenue by Country (2019-2030)
7.3.4 U.S.
7.3.5 Canada
8 Europe
8.1 Europe Underground Mining Machinery Market Size by Type
8.1.1 Europe Underground Mining Machinery Sales by Type (2019-2030)
8.1.2 Europe Underground Mining Machinery Revenue by Type (2019-2030)
8.2 Europe Underground Mining Machinery Market Size by Application
8.2.1 Europe Underground Mining Machinery Sales by Application (2019-2030)
8.2.2 Europe Underground Mining Machinery Revenue by Application (2019-2030)
8.3 Europe Underground Mining Machinery Sales by Country
8.3.1 Europe Underground Mining Machinery Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe Underground Mining Machinery Sales by Country (2019-2030)
8.3.3 Europe Underground Mining Machinery Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Underground Mining Machinery Market Size by Type
9.1.1 China Underground Mining Machinery Sales by Type (2019-2030)
9.1.2 China Underground Mining Machinery Revenue by Type (2019-2030)
9.2 China Underground Mining Machinery Market Size by Application
9.2.1 China Underground Mining Machinery Sales by Application (2019-2030)
9.2.2 China Underground Mining Machinery Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia Underground Mining Machinery Market Size by Type
10.1.1 Asia Underground Mining Machinery Sales by Type (2019-2030)
10.1.2 Asia Underground Mining Machinery Revenue by Type (2019-2030)
10.2 Asia Underground Mining Machinery Market Size by Application
10.2.1 Asia Underground Mining Machinery Sales by Application (2019-2030)
10.2.2 Asia Underground Mining Machinery Revenue by Application (2019-2030)
10.3 Asia Underground Mining Machinery Sales by Region
10.3.1 Asia Underground Mining Machinery Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia Underground Mining Machinery Revenue by Region (2019-2030)
10.3.3 Asia Underground Mining Machinery Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Underground Mining Machinery Market Size by Type
11.1.1 Middle East, Africa and Latin America Underground Mining Machinery Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America Underground Mining Machinery Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America Underground Mining Machinery Market Size by Application
11.2.1 Middle East, Africa and Latin America Underground Mining Machinery Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America Underground Mining Machinery Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America Underground Mining Machinery Sales by Country
11.3.1 Middle East, Africa and Latin America Underground Mining Machinery Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America Underground Mining Machinery Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America Underground Mining Machinery Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 Komatsu
12.1.1 Komatsu Company Information
12.1.2 Komatsu Overview
12.1.3 Komatsu Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 Komatsu Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Komatsu Recent Developments
12.2 Bel Company
12.2.1 Bel Company Company Information
12.2.2 Bel Company Overview
12.2.3 Bel Company Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Bel Company Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Bel Company Recent Developments
12.3 Joy Global
12.3.1 Joy Global Company Information
12.3.2 Joy Global Overview
12.3.3 Joy Global Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 Joy Global Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Joy Global Recent Developments
12.4 Sandvik Group
12.4.1 Sandvik Group Company Information
12.4.2 Sandvik Group Overview
12.4.3 Sandvik Group Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 Sandvik Group Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Sandvik Group Recent Developments
12.5 Volvo
12.5.1 Volvo Company Information
12.5.2 Volvo Overview
12.5.3 Volvo Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 Volvo Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 Volvo Recent Developments
12.6 Hitachi Construction Machine
12.6.1 Hitachi Construction Machine Company Information
12.6.2 Hitachi Construction Machine Overview
12.6.3 Hitachi Construction Machine Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Hitachi Construction Machine Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Hitachi Construction Machine Recent Developments
12.7 Boart Longyear Group
12.7.1 Boart Longyear Group Company Information
12.7.2 Boart Longyear Group Overview
12.7.3 Boart Longyear Group Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Boart Longyear Group Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Boart Longyear Group Recent Developments
12.8 Russell Ackoff Company
12.8.1 Russell Ackoff Company Company Information
12.8.2 Russell Ackoff Company Overview
12.8.3 Russell Ackoff Company Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Russell Ackoff Company Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Russell Ackoff Company Recent Developments
12.9 Singer Smith
12.9.1 Singer Smith Company Information
12.9.2 Singer Smith Overview
12.9.3 Singer Smith Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Singer Smith Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Singer Smith Recent Developments
12.10 Kenner Metal Company
12.10.1 Kenner Metal Company Company Information
12.10.2 Kenner Metal Company Overview
12.10.3 Kenner Metal Company Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 Kenner Metal Company Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Kenner Metal Company Recent Developments
12.11 Liebherr Group
12.11.1 Liebherr Group Company Information
12.11.2 Liebherr Group Overview
12.11.3 Liebherr Group Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.11.4 Liebherr Group Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 Liebherr Group Recent Developments
12.12 Thyssenkrupp
12.12.1 Thyssenkrupp Company Information
12.12.2 Thyssenkrupp Overview
12.12.3 Thyssenkrupp Underground Mining Machinery Sales, Price, Revenue and Gross Margin (2019-2024)
12.12.4 Thyssenkrupp Underground Mining Machinery Product Model Numbers, Pictures, Descriptions and Specifications
12.12.5 Thyssenkrupp Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Underground Mining Machinery Industry Chain Analysis
13.2 Underground Mining Machinery Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Underground Mining Machinery Production Mode & Process
13.4 Underground Mining Machinery Sales and Marketing
13.4.1 Underground Mining Machinery Sales Channels
13.4.2 Underground Mining Machinery Distributors
13.5 Underground Mining Machinery Customers
14 Underground Mining Machinery Market Dynamics
14.1 Underground Mining Machinery Industry Trends
14.2 Underground Mining Machinery Market Drivers
14.3 Underground Mining Machinery Market Challenges
14.4 Underground Mining Machinery Market Restraints
15 Key Finding in The Global Underground Mining Machinery Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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