Industry: Machinery & Equipment
Published Date: 2026-07-15
Pages: 119 Pages
Report ld: 6953871
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Mining Equipment and Machinery Market Size(US$)

CAGR 2026-2032
2.6%
Market Size,2032
USD 1,757
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Mining Equipment and Machinery was estimated to be worth US$ 1472 million in 2025 and is projected to reach US$ 1757 million, growing at a CAGR of 2.6% from 2026 to 2032.
Mining is the extraction of valuable minerals or other geological materials from the earth, usually from an orebody, lode, vein, seam, reef or placer deposit.
Underground automation systems for efficient mining, automatic power crushers for crushing and compacting operations, multi-functional excavators for construction and demining functions, use of hybrid electric motors for cost effective operations, and rail-veyor technology for bulk material hauling solutions have a direct impact on the dynamics of the mining equipment industry.
This report provides a comprehensive view of the global market for Mining Equipment and Machinery, covering total sales revenue, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Mining Equipment and Machinery market size, estimations, and forecasts are presented in terms of sales revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Mining Equipment and Machinery.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value). It also summarizes market dynamics and recent developments; identifies key drivers and restraints; outlines challenges and risks for players; reviews relevant industry policies.
Chapter 2: Provides a detailed analysis of the Mining Equipment and Machinery companies' competitive landscape—including revenue shares, recent development plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Mining Equipment and Machinery revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Mining Equipment and Machinery revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product revenue, gross margin, product portfolios, recent developments, etc.
Chapter 8: Analysis of Value Chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Market Overview
1.1 Mining Equipment and Machinery Product Introduction
1.2 Global Mining Equipment and Machinery Market Size Forecast (2021–2032)
1.3 Mining Equipment and Machinery Market Trends & Drivers
1.3.1 Mining Equipment and Machinery Industry Trends
1.3.2 Mining Equipment and Machinery Market Drivers & Opportunities
1.3.3 Mining Equipment and Machinery Market Challenges
1.3.4 Mining Equipment and Machinery Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Mining Equipment and Machinery Players Revenue Ranking (2025)
2.2 Global Mining Equipment and Machinery Revenue by Company (2021–2026)
2.3 Key Companies’ R&D and Operations Footprint and Headquarters
2.4 Key Companies Mining Equipment and Machinery Product Offerings
2.5 Key Companies General Availability (GA) Timeline for Mining Equipment and Machinery
2.6 Mining Equipment and Machinery Market Competitive Analysis
2.6.1 Mining Equipment and Machinery Market Concentration Rate (2021–2026)
2.6.2 Top 5 and Top 10 Global Companies by Mining Equipment and Machinery Revenue in 2025
2.6.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Mining Equipment and Machinery revenue, 2025
2.7 Mergers & Acquisitions and Expansion
3 Segmentation Mining Equipment and Machinery Market Classification
3.1 Introduction by Type
3.1.1 Crushing
3.1.2 Pulverizing and Screening Equipment
3.1.3 Underground Mining Machinery
3.1.4 Mineral Processing Machinery
3.1.5 Mining Drilling
3.1.6 Breakers
3.1.7 Surface Mining Equipment
3.1.8 Others
3.1.9 Global Mining Equipment and Machinery Sales Value by Type
3.1.9.1 Global Mining Equipment and Machinery Sales Value by Type (2021 vs 2025 vs 2032)
3.1.9.2 Global Mining Equipment and Machinery Sales Value, by Type (2021–2032)
3.1.9.3 Global Mining Equipment and Machinery Sales Value, by Type (%), 2021–2032
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Mineral Mining
4.1.2 Coal Mining
4.1.3 Metal Mining
4.2 Global Mining Equipment and Machinery Sales Value by Application
4.2.1 Global Mining Equipment and Machinery Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Mining Equipment and Machinery Sales Value by Application (2021–2032)
4.2.3 Global Mining Equipment and Machinery Sales Value by Application (%), 2021–2032
5 Segmentation by Region
5.1 Global Mining Equipment and Machinery Sales Value by Region
5.1.1 Global Mining Equipment and Machinery Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Mining Equipment and Machinery Sales Value by Region (2021–2026)
5.1.3 Global Mining Equipment and Machinery Sales Value by Region (2027–2032)
5.1.4 Global Mining Equipment and Machinery Sales Value by Region (%), 2021–2032
5.2 North America
5.2.1 North America Mining Equipment and Machinery Sales Value, 2021–2032
5.2.2 North America Mining Equipment and Machinery Sales Value by Country (%), 2025 vs 2032
5.3 Europe
5.3.1 Europe Mining Equipment and Machinery Sales Value, 2021–2032
5.3.2 Europe Mining Equipment and Machinery Sales Value by Country (%), 2025 vs 2032
5.4 Asia Pacific
5.4.1 Asia Pacific Mining Equipment and Machinery Sales Value, 2021–2032
5.4.2 Asia Pacific Mining Equipment and Machinery Sales Value by Subregion (%), 2025 vs 2032
5.5 South America
5.5.1 South America Mining Equipment and Machinery Sales Value, 2021–2032
5.5.2 South America Mining Equipment and Machinery Sales Value by Country (%), 2025 vs 2032
5.6 Middle East & Africa
5.6.1 Middle East & Africa Mining Equipment and Machinery Sales Value, 2021–2032
5.6.2 Middle East & Africa Mining Equipment and Machinery Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Mining Equipment and Machinery Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Mining Equipment and Machinery Sales Value, 2021–2032
6.3 United States
6.3.1 United States Mining Equipment and Machinery Sales Value, 2021–2032
6.3.2 United States Mining Equipment and Machinery Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Mining Equipment and Machinery Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Mining Equipment and Machinery Sales Value, 2021–2032
6.4.2 Europe Mining Equipment and Machinery Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Mining Equipment and Machinery Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Mining Equipment and Machinery Sales Value, 2021–2032
6.5.2 China Mining Equipment and Machinery Sales Value by Type (%), 2025 vs 2032
6.5.3 China Mining Equipment and Machinery Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Mining Equipment and Machinery Sales Value, 2021–2032
6.6.2 Japan Mining Equipment and Machinery Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Mining Equipment and Machinery Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Mining Equipment and Machinery Sales Value, 2021–2032
6.7.2 South Korea Mining Equipment and Machinery Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Mining Equipment and Machinery Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Mining Equipment and Machinery Sales Value, 2021–2032
6.8.2 Southeast Asia Mining Equipment and Machinery Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Mining Equipment and Machinery Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Mining Equipment and Machinery Sales Value, 2021–2032
6.9.2 India Mining Equipment and Machinery Sales Value by Type (%), 2025 vs 2032
6.9.3 India Mining Equipment and Machinery Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Volvo
7.1.1 Volvo Profile
7.1.2 Volvo Main Business
7.1.3 Volvo Mining Equipment and Machinery Products, Services, and Solutions
7.1.4 Volvo Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.1.5 Volvo Recent Developments
7.2 FLSmidth
7.2.1 FLSmidth Profile
7.2.2 FLSmidth Main Business
7.2.3 FLSmidth Mining Equipment and Machinery Products, Services, and Solutions
7.2.4 FLSmidth Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.2.5 FLSmidth Recent Developments
7.3 Sandvik
7.3.1 Sandvik Profile
7.3.2 Sandvik Main Business
7.3.3 Sandvik Mining Equipment and Machinery Products, Services, and Solutions
7.3.4 Sandvik Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.3.5 Sandvik Recent Developments
7.4 Metso
7.4.1 Metso Profile
7.4.2 Metso Main Business
7.4.3 Metso Mining Equipment and Machinery Products, Services, and Solutions
7.4.4 Metso Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.4.5 Metso Recent Developments
7.5 Joy
7.5.1 Joy Profile
7.5.2 Joy Main Business
7.5.3 Joy Mining Equipment and Machinery Products, Services, and Solutions
7.5.4 Joy Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.5.5 Joy Recent Developments
7.6 Caterpillar
7.6.1 Caterpillar Profile
7.6.2 Caterpillar Main Business
7.6.3 Caterpillar Mining Equipment and Machinery Products, Services, and Solutions
7.6.4 Caterpillar Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.6.5 Caterpillar Recent Developments
7.7 Outotec
7.7.1 Outotec Profile
7.7.2 Outotec Main Business
7.7.3 Outotec Mining Equipment and Machinery Products, Services, and Solutions
7.7.4 Outotec Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.7.5 Outotec Recent Developments
7.8 Hitachi
7.8.1 Hitachi Profile
7.8.2 Hitachi Main Business
7.8.3 Hitachi Mining Equipment and Machinery Products, Services, and Solutions
7.8.4 Hitachi Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.8.5 Hitachi Recent Developments
7.9 Atlas Copco
7.9.1 Atlas Copco Profile
7.9.2 Atlas Copco Main Business
7.9.3 Atlas Copco Mining Equipment and Machinery Products, Services, and Solutions
7.9.4 Atlas Copco Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.9.5 Atlas Copco Recent Developments
7.10 Doosan Heavy
7.10.1 Doosan Heavy Profile
7.10.2 Doosan Heavy Main Business
7.10.3 Doosan Heavy Mining Equipment and Machinery Products, Services, and Solutions
7.10.4 Doosan Heavy Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.10.5 Doosan Heavy Recent Developments
7.11 Boart Longyear
7.11.1 Boart Longyear Profile
7.11.2 Boart Longyear Main Business
7.11.3 Boart Longyear Mining Equipment and Machinery Products, Services, and Solutions
7.11.4 Boart Longyear Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.11.5 Boart Longyear Recent Developments
7.12 ZMJ Group
7.12.1 ZMJ Group Profile
7.12.2 ZMJ Group Main Business
7.12.3 ZMJ Group Mining Equipment and Machinery Products, Services, and Solutions
7.12.4 ZMJ Group Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.12.5 ZMJ Group Recent Developments
7.13 Liebherr Group
7.13.1 Liebherr Group Profile
7.13.2 Liebherr Group Main Business
7.13.3 Liebherr Group Mining Equipment and Machinery Products, Services, and Solutions
7.13.4 Liebherr Group Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.13.5 Liebherr Group Recent Developments
7.14 Northern Heavy Industries Group
7.14.1 Northern Heavy Industries Group Profile
7.14.2 Northern Heavy Industries Group Main Business
7.14.3 Northern Heavy Industries Group Mining Equipment and Machinery Products, Services, and Solutions
7.14.4 Northern Heavy Industries Group Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.14.5 Northern Heavy Industries Group Recent Developments
7.15 Komatsu
7.15.1 Komatsu Profile
7.15.2 Komatsu Main Business
7.15.3 Komatsu Mining Equipment and Machinery Products, Services, and Solutions
7.15.4 Komatsu Mining Equipment and Machinery Revenue (US$ Million), 2021–2026
7.15.5 Komatsu Recent Developments
8 Industry Chain Analysis
8.1 Mining Equipment and Machinery Value Chain
8.2 Mining Equipment and Machinery Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Cost Structure
8.3 Midstream Analysis
8.4 Downstream (Customer) Analysis
8.5 Sales Model and Sales Channelss
8.5.1 Mining Equipment and Machinery Sales Model
8.5.2 Sales Channels
8.5.3 Mining Equipment and Machinery Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 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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