Latest research report on “Underground Mining Equipment Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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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.
This report contains market size and forecasts of Underground Mining Equipment in Global, including the following market information:
Global Underground Mining Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Underground Mining Equipment market was valued at 23410 million in 2021 and is projected to reach US$ 36390 million by 2028, at a CAGR of 6.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Longwall Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Underground Mining Equipment include Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery, Sandvik, Atlas Copco, Metso, ThyssenKrupp and Liebherr-International, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Underground Mining Equipment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Underground Mining Equipment Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Underground Mining Equipment Market Segment Percentages, by Type, 2021 (%)
– Longwall
– Room and Pillar
Global Underground Mining Equipment Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Underground Mining Equipment Market Segment Percentages, by Application, 2021 (%)
– Coal Mining
– Metal Mining
– Mineral Mining
Global Underground Mining Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Underground Mining Equipment Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Underground Mining Equipment revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Underground Mining Equipment revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Caterpillar
– Komatsu (Joy Global)
– Volvo
– Hitachi Construction Machinery
– Sandvik
– Atlas Copco
– Metso
– ThyssenKrupp
– Liebherr-International
– ZMJ
– FLSmidth
– Doosan Infracore
– China Coal Group
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