APO RESEARCH · REPORT
Mining Equipment
The Mining Equipment includes the consumption of underground mining equipment and Surface mining equipment, such as crushing, pulverizing and screening machinery, portable drilling rigs and parts, portable crushing, screening, washing and combination plants, drills and other machinery (except parts).
Product & engineering
Understand the product.
The Mining Equipment includes the consumption of underground mining equipment and Surface mining equipment, such as crushing, pulverizing and screening machinery, portable drilling rigs and parts, portable crushing, screening, washing and combination plants, drills and other machinery (except parts).
In this report, we mainly do research and analysis for drill jumbo, drilling rig and drilling machine.
Selected research
Industry Research
Mining Equipment Industry Research Report 2026
Market perspective
The Mining Equipment includes the consumption of underground mining equipment and Surface mining equipment, such as crushing, pulverizing and screening machinery, portable drilling rigs and parts, portable crushing, screening, washing and combination plants, drills and other machinery (except parts).
In this report, we mainly do research and analysis for drill jumbo, drilling rig and drilling machine.
The major players in global Mining Equipment market include Caterpillar, Komatsu, etc. The top 2 players occupy over 30% shares of the global market. North America and Asia-Pacific are main markets, they occupy about 50% of the global market. Surface Mining Equipment and Underground Mining Equipment are main types, with a share about 70%. Metal Mining is the main application, which holds a share about 50%.
Read the full market overview
Report Scope
This report quantifies the global Mining Equipment market in revenue (US$ million) and, where applicable, sales volume (K Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Mining Equipment.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Mining Equipment Market by Company
Caterpillar
Komatsu
AB Volvo
Hitachi Construction
Joy Global(P&H)
Sandvik
Atlas Copco
Metso
Thyssenkrupp
Liebherr
Terex Mining
Kawasaki
Zhengzhou Coal Mining Machinery
Weir Group
FLSmidth
Tenova TAKRAF
Doosan
SANYI
NHI
Furukawa
Mining Equipment Segment by Type
Surface Mining Equipment
Underground Mining Equipment
Mining Drills & Breakers
Crushing, Pulverizing, & Screening Equipment
Mining Equipment Segment by Application
Metal Mining
Mineral Mining
Coal Mining
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
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
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 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 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 volume 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 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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Mining Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Mining Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Mining Equipment in 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, and production of each country in the world.
Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Surface Mining Equipment
- Underground Mining Equipment
- Mining Drills & Breakers
- Crushing, Pulverizing, & Screening Equipment
Applications
- Metal Mining
- Mineral Mining
- Coal Mining
Companies covered
- Caterpillar
- Komatsu
- AB Volvo
- Hitachi Construction
- Joy Global(P&H)
- Sandvik
- Atlas Copco
- Metso
- Thyssenkrupp
- Liebherr
- Terex Mining
- Kawasaki
- Zhengzhou Coal Mining Machinery
- Weir Group
- FLSmidth
- Tenova TAKRAF
- Doosan
- SANYI
- NHI
- Furukawa
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Mining Equipment by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Surface Mining Equipment
- 2.2.3 Underground Mining Equipment
- 2.2.4 Mining Drills & Breakers
- 2.2.5 Crushing, Pulverizing, & Screening Equipment
- 2.3 Mining Equipment by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Metal Mining
- 2.3.3 Mineral Mining
- 2.3.4 Coal Mining
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Mining Equipment Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Mining Equipment Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Mining Equipment Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Mining Equipment Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Mining Equipment Production by Manufacturers (2021-2026)
- 3.2 Global Mining Equipment Production Value by Manufacturers (2021-2026)
- 3.3 Global Mining Equipment Average Price by Manufacturers (2021-2026)
- 3.4 Global Mining Equipment Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Mining Equipment Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Mining Equipment Manufacturers, Product Type & Application
- 3.7 Global Mining Equipment Manufacturers Established Date
- 3.8 Global Mining Equipment Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Caterpillar
- 4.1.1 Caterpillar Mining Equipment Company Information
- 4.1.2 Caterpillar Mining Equipment Business Overview
- 4.1.3 Caterpillar Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.1.4 Caterpillar Product Portfolio
- 4.1.5 Caterpillar Recent Developments
- 4.2 Komatsu
- 4.2.1 Komatsu Mining Equipment Company Information
- 4.2.2 Komatsu Mining Equipment Business Overview
- 4.2.3 Komatsu Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.2.4 Komatsu Product Portfolio
- 4.2.5 Komatsu Recent Developments
- 4.3 AB Volvo
- 4.3.1 AB Volvo Mining Equipment Company Information
- 4.3.2 AB Volvo Mining Equipment Business Overview
- 4.3.3 AB Volvo Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.3.4 AB Volvo Product Portfolio
- 4.3.5 AB Volvo Recent Developments
- 4.4 Hitachi Construction
- 4.4.1 Hitachi Construction Mining Equipment Company Information
- 4.4.2 Hitachi Construction Mining Equipment Business Overview
- 4.4.3 Hitachi Construction Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.4.4 Hitachi Construction Product Portfolio
- 4.4.5 Hitachi Construction Recent Developments
- 4.5 Joy Global(P&H)
- 4.5.1 Joy Global(P&H) Mining Equipment Company Information
- 4.5.2 Joy Global(P&H) Mining Equipment Business Overview
- 4.5.3 Joy Global(P&H) Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.5.4 Joy Global(P&H) Product Portfolio
- 4.5.5 Joy Global(P&H) Recent Developments
- 4.6 Sandvik
- 4.6.1 Sandvik Mining Equipment Company Information
- 4.6.2 Sandvik Mining Equipment Business Overview
- 4.6.3 Sandvik Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.6.4 Sandvik Product Portfolio
- 4.6.5 Sandvik Recent Developments
- 4.7 Atlas Copco
- 4.7.1 Atlas Copco Mining Equipment Company Information
- 4.7.2 Atlas Copco Mining Equipment Business Overview
- 4.7.3 Atlas Copco Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.7.4 Atlas Copco Product Portfolio
- 4.7.5 Atlas Copco Recent Developments
- 4.8 Metso
- 4.8.1 Metso Mining Equipment Company Information
- 4.8.2 Metso Mining Equipment Business Overview
- 4.8.3 Metso Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.8.4 Metso Product Portfolio
- 4.8.5 Metso Recent Developments
- 4.9 Thyssenkrupp
- 4.9.1 Thyssenkrupp Mining Equipment Company Information
- 4.9.2 Thyssenkrupp Mining Equipment Business Overview
- 4.9.3 Thyssenkrupp Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.9.4 Thyssenkrupp Product Portfolio
- 4.9.5 Thyssenkrupp Recent Developments
- 4.10 Liebherr
- 4.10.1 Liebherr Mining Equipment Company Information
- 4.10.2 Liebherr Mining Equipment Business Overview
- 4.10.3 Liebherr Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.10.4 Liebherr Product Portfolio
- 4.10.5 Liebherr Recent Developments
- 4.11 Terex Mining
- 4.11.1 Terex Mining Mining Equipment Company Information
- 4.11.2 Terex Mining Mining Equipment Business Overview
- 4.11.3 Terex Mining Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.11.4 Terex Mining Product Portfolio
- 4.11.5 Terex Mining Recent Developments
- 4.12 Kawasaki
- 4.12.1 Kawasaki Mining Equipment Company Information
- 4.12.2 Kawasaki Mining Equipment Business Overview
- 4.12.3 Kawasaki Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.12.4 Kawasaki Product Portfolio
- 4.12.5 Kawasaki Recent Developments
- 4.13 Zhengzhou Coal Mining Machinery
- 4.13.1 Zhengzhou Coal Mining Machinery Mining Equipment Company Information
- 4.13.2 Zhengzhou Coal Mining Machinery Mining Equipment Business Overview
- 4.13.3 Zhengzhou Coal Mining Machinery Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.13.4 Zhengzhou Coal Mining Machinery Product Portfolio
- 4.13.5 Zhengzhou Coal Mining Machinery Recent Developments
- 4.14 Weir Group
- 4.14.1 Weir Group Mining Equipment Company Information
- 4.14.2 Weir Group Mining Equipment Business Overview
- 4.14.3 Weir Group Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.14.4 Weir Group Product Portfolio
- 4.14.5 Weir Group Recent Developments
- 4.15 FLSmidth
- 4.15.1 FLSmidth Mining Equipment Company Information
- 4.15.2 FLSmidth Mining Equipment Business Overview
- 4.15.3 FLSmidth Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.15.4 FLSmidth Product Portfolio
- 4.15.5 FLSmidth Recent Developments
- 4.16 Tenova TAKRAF
- 4.16.1 Tenova TAKRAF Mining Equipment Company Information
- 4.16.2 Tenova TAKRAF Mining Equipment Business Overview
- 4.16.3 Tenova TAKRAF Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.16.4 Tenova TAKRAF Product Portfolio
- 4.16.5 Tenova TAKRAF Recent Developments
- 4.17 Doosan
- 4.17.1 Doosan Mining Equipment Company Information
- 4.17.2 Doosan Mining Equipment Business Overview
- 4.17.3 Doosan Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.17.4 Doosan Product Portfolio
- 4.17.5 Doosan Recent Developments
- 4.18 SANYI
- 4.18.1 SANYI Mining Equipment Company Information
- 4.18.2 SANYI Mining Equipment Business Overview
- 4.18.3 SANYI Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.18.4 SANYI Product Portfolio
- 4.18.5 SANYI Recent Developments
- 4.19 NHI
- 4.19.1 NHI Mining Equipment Company Information
- 4.19.2 NHI Mining Equipment Business Overview
- 4.19.3 NHI Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.19.4 NHI Product Portfolio
- 4.19.5 NHI Recent Developments
- 4.20 Furukawa
- 4.20.1 Furukawa Mining Equipment Company Information
- 4.20.2 Furukawa Mining Equipment Business Overview
- 4.20.3 Furukawa Mining Equipment Production, Value and Gross Margin (2021-2026)
- 4.20.4 Furukawa Product Portfolio
- 4.20.5 Furukawa Recent Developments
5 Global Mining Equipment Production by Region
- 5.1 Global Mining Equipment Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Mining Equipment Production by Region: 2021-2032
- 5.2.1 Global Mining Equipment Production by Region: 2021-2026
- 5.2.2 Global Mining Equipment Production Forecast by Region (2027-2032)
- 5.3 Global Mining Equipment Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Mining Equipment Production Value by Region: 2021-2032
- 5.4.1 Global Mining Equipment Production Value by Region: 2021-2026
- 5.4.2 Global Mining Equipment Production Value Forecast by Region (2027-2032)
- 5.5 Global Mining Equipment Market Price Analysis by Region (2021-2026)
- 5.6 Global Mining Equipment Production and Value, YOY Growth
- 5.6.1 North America Mining Equipment Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Mining Equipment Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Mining Equipment Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Mining Equipment Production Value Estimates and Forecasts (2021-2032)
6 Global Mining Equipment Consumption by Region
- 6.1 Global Mining Equipment Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Mining Equipment Consumption by Region (2021-2032)
- 6.2.1 Global Mining Equipment Consumption by Region: 2021-2026
- 6.2.2 Global Mining Equipment Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Mining Equipment Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Mining Equipment Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Mining Equipment Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Mining Equipment Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Mining Equipment Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Mining Equipment Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Mining Equipment Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Mining Equipment Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Mining Equipment Production by Type (2021-2032)
- 7.1.1 Global Mining Equipment Production by Type (2021-2032) & (K Units)
- 7.1.2 Global Mining Equipment Production Market Share by Type (2021-2032)
- 7.2 Global Mining Equipment Production Value by Type (2021-2032)
- 7.2.1 Global Mining Equipment Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Mining Equipment Production Value Market Share by Type (2021-2032)
- 7.3 Global Mining Equipment Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Mining Equipment Production by Application (2021-2032)
- 8.1.1 Global Mining Equipment Production by Application (2021-2032) & (K Units)
- 8.1.2 Global Mining Equipment Production Market Share by Application (2021-2032)
- 8.2 Global Mining Equipment Production Value by Application (2021-2032)
- 8.2.1 Global Mining Equipment Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Mining Equipment Production Value Market Share by Application (2021-2032)
- 8.3 Global Mining Equipment Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Mining Equipment Value Chain Analysis
- 9.1.1 Mining Equipment Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Mining Equipment Production Mode & Process
- 9.2 Mining Equipment Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Mining Equipment Distributors
- 9.2.3 Mining Equipment Customers
10 Global Mining Equipment Analyzing Market Dynamics
- 10.1 Mining Equipment Industry Trends
- 10.2 Mining Equipment Industry Drivers
- 10.3 Mining Equipment Industry Opportunities and Challenges
- 10.4 Mining Equipment Industry Restraints
11 Report Conclusion
12 Disclaimer
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