APO Research
Talk to an analyst

APO RESEARCH · REPORT

Underground Mining Equipment

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.

Explore the product
View pricing & licenses

Product & engineering

Understand the product.

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.

Selected research

Market Outlook & Growth Opportunities

Global Underground Mining Equipment Market Outlook and Growth Opportunities 2026

21 December 2025191 pages

Choose your research edition.

Industry ResearchUnderground Mining Equipment Industry Research Report 2026120 pages · $2,950 USDIndustry Growth & TrendsGlobal Underground Mining Equipment Industry Growth and Trends Forecast to 2032104 pages · $3,450 USDMarket StructureGlobal Underground Mining Equipment Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032191 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Underground Mining Equipment Market Outlook and Growth Opportunities 2026191 pages · $4,250 USDMarket Analysis & ForecastGlobal Underground Mining Equipment Market Analysis and Forecast 2026-2032197 pages · $4,950 USD

Market perspective

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.

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.

Read the full market overview

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.

This report provides an overview of the global Underground Mining Equipment market in terms of revenue and gross margin, analyzing global market trends using historical revenue data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.

The study covers key producers of Underground Mining Equipment and market revenue by major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.

The report also presents Underground Mining Equipment revenue, market share, and industry ranking for the main companies for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.

Across the 2021-2026 period, the analysis compares revenue growth and profitability profiles by company, distinguishing participants with sustained expansion from those with more cyclical performance, and relates these patterns to differences in regional exposure, product portfolios, and application focus in the global Underground Mining Equipment market.

Underground Mining Equipment Segment by Company

Caterpillar

Komatsu (Joy Global)

Volvo

Hitachi Construction Machinery

Sandvik

Atlas Copco

Metso

ThyssenKrupp

Liebherr-International

ZMJ

FLSmidth

Doosan Infracore

China Coal Group

Underground Mining Equipment Segment by Type

Longwall

Room and Pillar

Underground Mining Equipment Segment by Application

Coal Mining

Metal Mining

Mineral Mining

Underground Mining Equipment Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Study Objectives

1. To analyze and research the global Underground Mining Equipment status and future forecast, involving, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the Underground Mining Equipment key companies, revenue, market share, and recent developments.

3. To split the Underground Mining Equipment breakdown data by regions, type, companies, and application.

4. To analyze the global and key regions Underground Mining Equipment market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify Underground Mining Equipment significant trends, drivers, influence factors in global and regions.

6. To analyze Underground Mining Equipment competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Underground Mining Equipment market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Underground Mining Equipment and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Underground Mining Equipment.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size.

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Underground Mining Equipment industry.

Chapter 3: Detailed analysis of Underground Mining Equipment company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales value of Underground Mining Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of key country in the world.

Chapter 7: Sales value of Underground Mining Equipment in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.

Chapter 9: Concluding Insights.

More report detail

Tables and figures
List of Tables Table 1. Underground Mining Equipment Industry Trends Table 2. Underground Mining Equipment Industry Drivers Table 3. Underground Mining Equipment Industry Opportunities and Challenges Table 4. Underground Mining Equipment Industry Restraints Table 5. Global Underground Mining Equipment Revenue by Company (US$ Million) & (2021-2026) Table 6. Global Underground Mining Equipment Revenue Share by Company (2021-2026) Table 7. Global Underground Mining Equipment Company Ranking, (2024-2026) & (US$ Million) Table 8. Global Underground Mining Equipment Key Company Manufacturing Base & Headquarters Table 9. Global Underground Mining Equipment Company, Product Type & Application Table 10. Global Underground Mining Equipment Company Establishment Date Table 11. Global Company Market Concentration Ratio (CR5 and HHI) Table 12. Global Underground Mining Equipment by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on Revenue of 2025) Table 13. Mergers & Acquisitions, Expansion Table 14. Significant Companies of Longwall Table 15. Significant Companies of Room and Pillar Table 16. Global Underground Mining Equipment Sales Value by Type 2021 VS 2025 VS 2032 (US$ Million) Table 17. Global Underground Mining Equipment Sales Value by Type (2021-2026) & (US$ Million) Table 18. Global Underground Mining Equipment Sales Value by Type (2027-2032) & (US$ Million) Table 19. Global Underground Mining Equipment Sales Value Share by Type (2021-2026) Table 20. Global Underground Mining Equipment Sales Value Share by Type (2027-2032) Table 21. Significant Companies of Coal Mining Table 22. Significant Companies of Metal Mining Table 23. Significant Companies of Mineral Mining Table 24. Global Underground Mining Equipment Sales Value by Application 2021 VS 2025 VS 2032 (US$ Million) Table 25. Global Underground Mining Equipment Sales Value by Application (2021-2026) & (US$ Million) Table 26. Global Underground Mining Equipment Sales Value by Application (2027-2032) & (US$ Million) Table 27. Global Underground Mining Equipment Sales Value Share by Application (2021-2026) Table 28. Global Underground Mining Equipment Sales Value Share by Application (2027-2032) Table 29. Global Underground Mining Equipment Sales Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Table 30. Global Underground Mining Equipment Sales Value by Region (2021-2026) & (US$ Million) Table 31. Global Underground Mining Equipment Sales Value Share by Region (2021-2026) Table 32. Global Underground Mining Equipment Sales Value by Region (2027-2032) & (US$ Million) Table 33. Global Underground Mining Equipment Sales Value Share by Region (2027-2032) Table 34. Global Underground Mining Equipment Sales Value by Country: 2021 VS 2025 VS 2032 (US$ Million) Table 35. Global Underground Mining Equipment Sales Value by Country (2021-2026) & (US$ Million) Table 36. Global Underground Mining Equipment Sales Value Market Share by Country (2021-2026) Table 37. Global Underground Mining Equipment Sales Value by Country (2027-2032) & (US$ Million) Table 38. Global Underground Mining Equipment Sales Value Market Share by Country (2027-2032) Table 39. Caterpillar Company Information Table 40. Caterpillar Business Overview Table 41. Caterpillar Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2021-2026) Table 42. Caterpillar Underground Mining Equipment Product Portfolio Table 43. Caterpillar Recent Development Table 44. Komatsu (Joy Global) Company Information Table 45. Komatsu (Joy Global) Business Overview Table 46. Komatsu (Joy Global) Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2021-2026) Table 47. Komatsu (Joy Global) Underground Mining Equipment Product Portfolio Table 48. Komatsu (Joy Global) Recent Development Table 49. Volvo Company Information Table 50. Volvo Business Overview Table 51. Volvo Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2021-2026) Table 52. Volvo Underground Mining Equipment Product Portfolio Table 53. Volvo Recent Development Table 54. Hitachi Construction Machinery Company Information Table 55. Hitachi Construction Machinery Business Overview Table 56. Hitachi Construction Machinery Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2021-2026) Table 57. Hitachi Construction Machinery Underground Mining Equipment Product Portfolio Table 58. Hitachi Construction Machinery Recent Development Table 59. Sandvik Company Information Table 60. Sandvik Business Overview Table 61. Sandvik Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2021-2026) Table 62. Sandvik Underground Mining Equipment Product Portfolio Table 63. Sandvik Recent Development Table 64. Atlas Copco Company Information Table 65. Atlas Copco Business Overview Table 66. Atlas Copco Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2021-2026) Table 67. Atlas Copco Underground Mining Equipment Product Portfolio Table 68. Atlas Copco Recent Development Table 69. Metso Company Information Table 70. Metso Business Overview Table 71. Metso Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2021-2026) Table 72. Metso Underground Mining Equipment Product Portfolio Table 73. Metso Recent Development Table 74. ThyssenKrupp Company Information Table 75. ThyssenKrupp Business Overview Table 76. ThyssenKrupp Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2021-2026) Table 77. ThyssenKrupp Underground Mining Equipment Product Portfolio Table 78. ThyssenKrupp Recent Development Table 79. Liebherr-International Company Information Table 80. Liebherr-International Business Overview Table 81. Liebherr-International Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2021-2026) Table 82. Liebherr-International Underground Mining Equipment Product Portfolio Table 83. Liebherr-International Recent Development Table 84. ZMJ Company Information Table 85. ZMJ Business Overview Table 86. ZMJ Underground Mining Equipment Revenue (US$ Million) and Gross Margin (2021-2026) Table 87. ZMJ Underground Mining Equipment Product Portfolio Table 88. ZMJ Recent Development Table 89. FLSmidth Company Information Table 90. FLSmidth Business Overview Table 91. FLSmidth Underground Mining Equipment Sales (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 92. FLSmidth Underground Mining Equipment Product Portfolio Table 93. FLSmidth Recent Development Table 94. Doosan Infracore Company Information Table 95. Doosan Infracore Business Overview Table 96. Doosan Infracore Underground Mining Equipment Sales (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 97. Doosan Infracore Underground Mining Equipment Product Portfolio Table 98. Doosan Infracore Recent Development Table 99. China Coal Group Company Information Table 100. China Coal Group Business Overview Table 101. China Coal Group Underground Mining Equipment Sales (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2021-2026) Table 102. China Coal Group Underground Mining Equipment Product Portfolio Table 103. China Coal Group Recent Development Table 104. Research Programs/Design for This Report Table 105. Authors List of This Report Table 106. Secondary Sources Table 107. Primary Sources List of Figures Figure 1. Underground Mining Equipment Product Image Figure 2. Global Underground Mining Equipment Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Underground Mining Equipment Market Size (2021-2032) & (US$ Million) Figure 4. Global Underground Mining Equipment Company Revenue Ranking in 2025 (US$ Million) Figure 5. Global Top 5 and 10 Company Market Share by Revenue in 2025 (US$ Million) Figure 6. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 7. Longwall Image Figure 8. Room and Pillar Image Figure 9. Global Underground Mining Equipment Sales Value by Type (2021 VS 2025 VS 2032) & (US$ Million) Figure 10. Global Underground Mining Equipment Sales Value Share 2021 VS 2025 VS 2032 Figure 11. Global Underground Mining Equipment Sales Value Share by Type (2021-2032) Figure 12. Coal Mining Image Figure 13. Metal Mining Image Figure 14. Mineral Mining Image Figure 15. Global Underground Mining Equipment Sales Value by Application (2021 VS 2025 VS 2032) & (US$ Million) Figure 16. Global Underground Mining Equipment Sales Value Share 2021 VS 2025 VS 2032 Figure 17. Global Underground Mining Equipment Sales Value Share by Application (2021-2032) Figure 18. Global Underground Mining Equipment Sales Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Figure 19. Global Underground Mining Equipment Sales Value Share by Region: 2021 VS 2025 VS 2032 Figure 20. North America Underground Mining Equipment Sales Value (2021-2032) & (US$ Million) Figure 21. North America Underground Mining Equipment Sales Value Share by Country (%), 2025 VS 2032 Figure 22. Europe Underground Mining Equipment Sales Value (2021-2032) & (US$ Million) Figure 23. Europe Underground Mining Equipment Sales Value Share by Country (%), 2025 VS 2032 Figure 24. Asia-Pacific Underground Mining Equipment Sales Value (2021-2032) & (US$ Million) Figure 25. Asia-Pacific Underground Mining Equipment Sales Value Share by Country (%), 2025 VS 2032 Figure 26. South America Underground Mining Equipment Sales Value (2021-2032) & (US$ Million) Figure 27. South America Underground Mining Equipment Sales Value Share by Country (%), 2025 VS 2032 Figure 28. Middle East & Africa Underground Mining Equipment Sales Value (2021-2032) & (US$ Million) Figure 29. Middle East & Africa Underground Mining Equipment Sales Value Share by Country (%), 2025 VS 2032 Figure 30. USA Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 31. USA Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 32. USA Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 33. Canada Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 34. Canada Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 35. Canada Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 36. Mexico Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 37. Mexico Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 38. Mexico Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 39. Germany Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 40. Germany Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 41. Germany Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 42. France Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 43. France Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 44. France Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 45. U.K. Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 46. U.K. Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 47. U.K. Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 48. Italy Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 49. Italy Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 50. Italy Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 51. Spain Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 52. Spain Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 53. Spain Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 54. Russia Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 55. Russia Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 56. Russia Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 57. Netherlands Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 58. Netherlands Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 59. Netherlands Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 60. Nordic Countries Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 61. Nordic Countries Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 62. Nordic Countries Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 63. China Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 64. China Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 65. China Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 66. Japan Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 67. Japan Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 68. Japan Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 69. South Korea Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 70. South Korea Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 71. South Korea Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 72. India Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 73. India Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 74. India Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 75. Australia Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 76. Australia Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 77. Australia Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 78. Southeast Asia Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 79. Southeast Asia Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 80. Southeast Asia Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 81. Brazil Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 82. Brazil Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 83. Brazil Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 84. Argentina Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 85. Argentina Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 86. Argentina Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 87. Chile Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 88. Chile Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 89. Chile Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 90. Colombia Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 91. Colombia Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 92. Colombia Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 93. Peru Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 94. Peru Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 95. Peru Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 96. Saudi Arabia Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 97. Saudi Arabia Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 98. Saudi Arabia Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 99. Israel Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 100. Israel Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 101. Israel Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 102. UAE Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 103. UAE Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 104. UAE Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 105. Turkey Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 106. Turkey Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 107. Turkey Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 108. Iran Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 109. Iran Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 110. Iran Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 111. Egypt Underground Mining Equipment Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 112. Egypt Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032 & (%) Figure 113. Egypt Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032 & (%) Figure 114. Years Considered Figure 115. Research Process Figure 116. Key Executives Interviewed

Scope & coverage.

Types
  • Longwall
  • Room and Pillar
Applications
  • Coal Mining
  • Metal Mining
  • Mineral Mining
Companies covered
  • Caterpillar
  • Komatsu (Joy Global)
  • Volvo
  • Hitachi Construction Machinery
  • Sandvik
  • Atlas Copco
  • Metso
  • ThyssenKrupp
  • Liebherr-International
  • ZMJ
  • FLSmidth
  • Doosan Infracore
  • China Coal Group

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Underground Mining Equipment Market Size, 2021 VS 2025 VS 2032
  3. 1.3 Global Underground Mining Equipment Market Size (2021-2032)
  4. 1.4 Assumptions and Limitations
  5. 1.5 Study Goals and Objectives
2 Underground Mining Equipment Market Dynamics
  1. 2.1 Underground Mining Equipment Industry Trends
  2. 2.2 Underground Mining Equipment Industry Drivers
  3. 2.3 Underground Mining Equipment Industry Opportunities and Challenges
  4. 2.4 Underground Mining Equipment Industry Restraints
3 Underground Mining Equipment Market by Company
  1. 3.1 Global Underground Mining Equipment Company Revenue Ranking in 2025
  2. 3.2 Global Underground Mining Equipment Revenue by Company (2021-2026)
  3. 3.3 Global Underground Mining Equipment Company Ranking (2024-2026)
  4. 3.4 Global Underground Mining Equipment Company Manufacturing Base and Headquarters
  5. 3.5 Global Underground Mining Equipment Company Product Type and Application
  6. 3.6 Global Underground Mining Equipment Company Establishment Date
  7. 3.7 Market Competitive Analysis
  8. 3.7.1 Global Underground Mining Equipment Market Concentration Ratio (CR5 and HHI)
  9. 3.7.2 Global Top 5 and 10 Company Market Share by Revenue in 2025
  10. 3.7.3 2025 Underground Mining Equipment Tier 1, Tier 2, and Tier 3 Companies
  11. 3.8 Mergers and Acquisitions Expansion
4 Underground Mining Equipment Market by Type
  1. 4.1 Underground Mining Equipment Type Introduction
  2. 4.1.1 Longwall
  3. 4.1.2 Room and Pillar
  4. 4.2 Global Underground Mining Equipment Sales Value by Type
  5. 4.2.1 Global Underground Mining Equipment Sales Value by Type (2021 VS 2025 VS 2032)
  6. 4.2.2 Global Underground Mining Equipment Sales Value by Type (2021-2032)
  7. 4.2.3 Global Underground Mining Equipment Sales Value Share by Type (2021-2032)
5 Underground Mining Equipment Market by Application
  1. 5.1 Underground Mining Equipment Application Introduction
  2. 5.1.1 Coal Mining
  3. 5.1.2 Metal Mining
  4. 5.1.3 Mineral Mining
  5. 5.2 Global Underground Mining Equipment Sales Value by Application
  6. 5.2.1 Global Underground Mining Equipment Sales Value by Application (2021 VS 2025 VS 2032)
  7. 5.2.2 Global Underground Mining Equipment Sales Value by Application (2021-2032)
  8. 5.2.3 Global Underground Mining Equipment Sales Value Share by Application (2021-2032)
6 Underground Mining Equipment Regional Value Analysis
  1. 6.1 Global Underground Mining Equipment Sales Value by Region: 2021 VS 2025 VS 2032
  2. 6.2 Global Underground Mining Equipment Sales Value by Region (2021-2032)
  3. 6.2.1 Global Underground Mining Equipment Sales Value by Region: 2021-2026
  4. 6.2.2 Global Underground Mining Equipment Sales Value by Region (2027-2032)
  5. 6.3 North America
  6. 6.3.1 North America Underground Mining Equipment Sales Value (2021-2032)
  7. 6.3.2 North America Underground Mining Equipment Sales Value Share by Country, 2025 VS 2032
  8. 6.4 Europe
  9. 6.4.1 Europe Underground Mining Equipment Sales Value (2021-2032)
  10. 6.4.2 Europe Underground Mining Equipment Sales Value Share by Country, 2025 VS 2032
  11. 6.5 Asia-Pacific
  12. 6.5.1 Asia-Pacific Underground Mining Equipment Sales Value (2021-2032)
  13. 6.5.2 Asia-Pacific Underground Mining Equipment Sales Value Share by Country, 2025 VS 2032
  14. 6.6 South America
  15. 6.6.1 South America Underground Mining Equipment Sales Value (2021-2032)
  16. 6.6.2 South America Underground Mining Equipment Sales Value Share by Country, 2025 VS 2032
  17. 6.7 Middle East & Africa
  18. 6.7.1 Middle East & Africa Underground Mining Equipment Sales Value (2021-2032)
  19. 6.7.2 Middle East & Africa Underground Mining Equipment Sales Value Share by Country, 2025 VS 2032
7 Underground Mining Equipment Country-level Value Analysis
  1. 7.1 Global Underground Mining Equipment Sales Value by Country: 2021 VS 2025 VS 2032
  2. 7.2 Global Underground Mining Equipment Sales Value by Country (2021-2032)
  3. 7.2.1 Global Underground Mining Equipment Sales Value by Country (2021-2026)
  4. 7.2.2 Global Underground Mining Equipment Sales Value by Country (2027-2032)
  5. 7.3 USA
  6. 7.3.1 USA Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  7. 7.3.2 USA Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  8. 7.3.3 USA Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  9. 7.4 Canada
  10. 7.4.1 Canada Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  11. 7.4.2 Canada Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  12. 7.4.3 Canada Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  13. 7.5 Mexico
  14. 7.5.1 Mexico Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  15. 7.5.2 Mexico Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  16. 7.5.3 Mexico Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  17. 7.6 Germany
  18. 7.6.1 Germany Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  19. 7.6.2 Germany Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  20. 7.6.3 Germany Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  21. 7.7 France
  22. 7.7.1 France Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  23. 7.7.2 France Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  24. 7.7.3 France Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  25. 7.8 U.K.
  26. 7.8.1 U.K. Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  27. 7.8.2 U.K. Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  28. 7.8.3 U.K. Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  29. 7.9 Italy
  30. 7.9.1 Italy Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  31. 7.9.2 Italy Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  32. 7.9.3 Italy Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  33. 7.10 Spain
  34. 7.10.1 Spain Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  35. 7.10.2 Spain Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  36. 7.10.3 Spain Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  37. 7.11 Russia
  38. 7.11.1 Russia Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  39. 7.11.2 Russia Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  40. 7.11.3 Russia Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  41. 7.12 Netherlands
  42. 7.12.1 Netherlands Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  43. 7.12.2 Netherlands Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  44. 7.12.3 Netherlands Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  45. 7.13 Nordic Countries
  46. 7.13.1 Nordic Countries Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  47. 7.13.2 Nordic Countries Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  48. 7.13.3 Nordic Countries Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  49. 7.14 China
  50. 7.14.1 China Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  51. 7.14.2 China Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  52. 7.14.3 China Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  53. 7.15 Japan
  54. 7.15.1 Japan Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  55. 7.15.2 Japan Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  56. 7.15.3 Japan Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  57. 7.16 South Korea
  58. 7.16.1 South Korea Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  59. 7.16.2 South Korea Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  60. 7.16.3 South Korea Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  61. 7.17 India
  62. 7.17.1 India Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  63. 7.17.2 India Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  64. 7.17.3 India Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  65. 7.18 Australia
  66. 7.18.1 Australia Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  67. 7.18.2 Australia Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  68. 7.18.3 Australia Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  69. 7.19 Southeast Asia
  70. 7.19.1 Southeast Asia Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  71. 7.19.2 Southeast Asia Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  72. 7.19.3 Southeast Asia Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  73. 7.20 Brazil
  74. 7.20.1 Brazil Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  75. 7.20.2 Brazil Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  76. 7.20.3 Brazil Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  77. 7.21 Argentina
  78. 7.21.1 Argentina Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  79. 7.21.2 Argentina Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  80. 7.21.3 Argentina Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  81. 7.22 Chile
  82. 7.22.1 Chile Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  83. 7.22.2 Chile Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  84. 7.22.3 Chile Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  85. 7.23 Colombia
  86. 7.23.1 Colombia Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  87. 7.23.2 Colombia Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  88. 7.23.3 Colombia Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  89. 7.24 Peru
  90. 7.24.1 Peru Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  91. 7.24.2 Peru Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  92. 7.24.3 Peru Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  93. 7.25 Saudi Arabia
  94. 7.25.1 Saudi Arabia Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  95. 7.25.2 Saudi Arabia Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  96. 7.25.3 Saudi Arabia Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  97. 7.26 Israel
  98. 7.26.1 Israel Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  99. 7.26.2 Israel Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  100. 7.26.3 Israel Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  101. 7.27 UAE
  102. 7.27.1 UAE Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  103. 7.27.2 UAE Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  104. 7.27.3 UAE Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  105. 7.28 Turkey
  106. 7.28.1 Turkey Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  107. 7.28.2 Turkey Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  108. 7.28.3 Turkey Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  109. 7.29 Iran
  110. 7.29.1 Iran Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  111. 7.29.2 Iran Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  112. 7.29.3 Iran Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
  113. 7.30 Egypt
  114. 7.30.1 Egypt Underground Mining Equipment Sales Value Growth Rate (2021-2032)
  115. 7.30.2 Egypt Underground Mining Equipment Sales Value Share by Type, 2025 VS 2032
  116. 7.30.3 Egypt Underground Mining Equipment Sales Value Share by Application, 2025 VS 2032
8 Company Profiles
  1. 8.1 Caterpillar
  2. 8.1.1 Caterpillar Company Information
  3. 8.1.2 Caterpillar Business Overview
  4. 8.1.3 Caterpillar Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  5. 8.1.4 Caterpillar Underground Mining Equipment Product Portfolio
  6. 8.1.5 Caterpillar Recent Developments
  7. 8.2 Komatsu (Joy Global)
  8. 8.2.1 Komatsu (Joy Global) Company Information
  9. 8.2.2 Komatsu (Joy Global) Business Overview
  10. 8.2.3 Komatsu (Joy Global) Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  11. 8.2.4 Komatsu (Joy Global) Underground Mining Equipment Product Portfolio
  12. 8.2.5 Komatsu (Joy Global) Recent Developments
  13. 8.3 Volvo
  14. 8.3.1 Volvo Company Information
  15. 8.3.2 Volvo Business Overview
  16. 8.3.3 Volvo Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  17. 8.3.4 Volvo Underground Mining Equipment Product Portfolio
  18. 8.3.5 Volvo Recent Developments
  19. 8.4 Hitachi Construction Machinery
  20. 8.4.1 Hitachi Construction Machinery Company Information
  21. 8.4.2 Hitachi Construction Machinery Business Overview
  22. 8.4.3 Hitachi Construction Machinery Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  23. 8.4.4 Hitachi Construction Machinery Underground Mining Equipment Product Portfolio
  24. 8.4.5 Hitachi Construction Machinery Recent Developments
  25. 8.5 Sandvik
  26. 8.5.1 Sandvik Company Information
  27. 8.5.2 Sandvik Business Overview
  28. 8.5.3 Sandvik Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  29. 8.5.4 Sandvik Underground Mining Equipment Product Portfolio
  30. 8.5.5 Sandvik Recent Developments
  31. 8.6 Atlas Copco
  32. 8.6.1 Atlas Copco Company Information
  33. 8.6.2 Atlas Copco Business Overview
  34. 8.6.3 Atlas Copco Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  35. 8.6.4 Atlas Copco Underground Mining Equipment Product Portfolio
  36. 8.6.5 Atlas Copco Recent Developments
  37. 8.7 Metso
  38. 8.7.1 Metso Company Information
  39. 8.7.2 Metso Business Overview
  40. 8.7.3 Metso Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  41. 8.7.4 Metso Underground Mining Equipment Product Portfolio
  42. 8.7.5 Metso Recent Developments
  43. 8.8 ThyssenKrupp
  44. 8.8.1 ThyssenKrupp Company Information
  45. 8.8.2 ThyssenKrupp Business Overview
  46. 8.8.3 ThyssenKrupp Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  47. 8.8.4 ThyssenKrupp Underground Mining Equipment Product Portfolio
  48. 8.8.5 ThyssenKrupp Recent Developments
  49. 8.9 Liebherr-International
  50. 8.9.1 Liebherr-International Company Information
  51. 8.9.2 Liebherr-International Business Overview
  52. 8.9.3 Liebherr-International Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  53. 8.9.4 Liebherr-International Underground Mining Equipment Product Portfolio
  54. 8.9.5 Liebherr-International Recent Developments
  55. 8.10 ZMJ
  56. 8.10.1 ZMJ Company Information
  57. 8.10.2 ZMJ Business Overview
  58. 8.10.3 ZMJ Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  59. 8.10.4 ZMJ Underground Mining Equipment Product Portfolio
  60. 8.10.5 ZMJ Recent Developments
  61. 8.11 FLSmidth
  62. 8.11.1 FLSmidth Company Information
  63. 8.11.2 FLSmidth Business Overview
  64. 8.11.3 FLSmidth Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  65. 8.11.4 FLSmidth Underground Mining Equipment Product Portfolio
  66. 8.11.5 FLSmidth Recent Developments
  67. 8.12 Doosan Infracore
  68. 8.12.1 Doosan Infracore Company Information
  69. 8.12.2 Doosan Infracore Business Overview
  70. 8.12.3 Doosan Infracore Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  71. 8.12.4 Doosan Infracore Underground Mining Equipment Product Portfolio
  72. 8.12.5 Doosan Infracore Recent Developments
  73. 8.13 China Coal Group
  74. 8.13.1 China Coal Group Company Information
  75. 8.13.2 China Coal Group Business Overview
  76. 8.13.3 China Coal Group Underground Mining Equipment Revenue and Gross Margin (2021-2026)
  77. 8.13.4 China Coal Group Underground Mining Equipment Product Portfolio
  78. 8.13.5 China Coal Group Recent Developments
9 Concluding Insights
    10 Appendix
    1. 10.1 Reasons for Doing This Study
    2. 10.2 Research Methodology
    3. 10.3 Research Process
    4. 10.4 Authors List of This Report
    5. 10.5 Data Source
    6. 10.5.1 Secondary Sources
    7. 10.5.2 Primary Sources

    GET THE RESEARCH

    Choose your license.

    Choose who needs access.
    All options are for this report and research series.

    Compare access permissions.

    Single User License
    One named user. Individual access.
    Multi User License
    Up to 5 users in the same department.
    Enterprise License
    Organization-wide access within the agreed license.

    Access applies to the purchased edition. Later editions are separate purchases.

    License options
    $4,250USD
    Buy now

    PDF by email within 3–5 working days after payment confirmation.

    Talk to an analyst
    APO Research
    Talk to an analyst