Selected research
Industry Growth & Trends
Global Mining Equipment and Machinery Industry Growth and Trends Forecast to 2032
Market perspective
The global Mining Equipment and Machinery market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Mining Equipment and Machinery is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Mining Equipment and Machinery is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Mining Equipment and Machinery is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Mining Equipment and Machinery include Volvo, FLSmidth, Sandvik, Metso, Joy, Caterpillar, Outotec, Hitachi and Atlas Copco, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Mining Equipment and Machinery market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Mining Equipment and Machinery market size, estimates, and forecasts are presented in terms of sales volume (units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Mining Equipment and Machinery market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Mining Equipment and Machinery.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Mining Equipment and Machinery market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Mining Equipment and Machinery Market by Company
Volvo
FLSmidth
Sandvik
Metso
Joy
Caterpillar
Outotec
Hitachi
Atlas Copco
Doosan Heavy
Boart Longyear
ZMJ Group
Liebherr Group
Northern Heavy Industries Group
Komatsu
Mining Equipment and Machinery Segment by Type
Crushing
Pulverizing and Screening Equipment
Underground Mining Machinery
Mineral Processing Machinery
Mining Drilling
Breakers
Surface Mining Equipment
Others
Mining Equipment and Machinery Segment by Application
Mineral Mining
Coal Mining
Metal Mining
Mining Equipment and Machinery 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 and Machinery 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 Machinery 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 and Machinery.
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 study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Mining Equipment and Machinery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Mining Equipment and Machinery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Crushing
- Pulverizing and Screening Equipment
- Underground Mining Machinery
- Mineral Processing Machinery
- Mining Drilling
- Breakers
- Surface Mining Equipment
- Others
Applications
- Mineral Mining
- Coal Mining
- Metal Mining
Companies covered
- Volvo
- FLSmidth
- Sandvik
- Metso
- Joy
- Caterpillar
- Outotec
- Hitachi
- Atlas Copco
- Doosan Heavy
- Boart Longyear
- ZMJ Group
- Liebherr Group
- Northern Heavy Industries Group
- Komatsu
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Mining Equipment and Machinery Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Mining Equipment and Machinery Sales Estimates and Forecasts (2021-2032)
- 1.3 Mining Equipment and Machinery Market by Type
- 1.3.1 Crushing
- 1.3.2 Pulverizing and Screening Equipment
- 1.3.3 Underground Mining Machinery
- 1.3.4 Mineral Processing Machinery
- 1.3.5 Mining Drilling
- 1.3.6 Breakers
- 1.3.7 Surface Mining Equipment
- 1.3.8 Others
- 1.4 Global Mining Equipment and Machinery Market Size by Type
- 1.4.1 Global Mining Equipment and Machinery Market Size Overview by Type (2021-2032)
- 1.4.2 Global Mining Equipment and Machinery Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Mining Equipment and Machinery Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Mining Equipment and Machinery Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Mining Equipment and Machinery Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Mining Equipment and Machinery Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Mining Equipment and Machinery Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Mining Equipment and Machinery Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Mining Equipment and Machinery Industry Trends
- 2.2 Mining Equipment and Machinery Industry Drivers
- 2.3 Mining Equipment and Machinery Industry Opportunities and Challenges
- 2.4 Mining Equipment and Machinery Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Mining Equipment and Machinery Revenue (2021-2026)
- 3.2 Global Top Players by Mining Equipment and Machinery Sales (2021-2026)
- 3.3 Global Top Players by Mining Equipment and Machinery Price (2021-2026)
- 3.4 Global Mining Equipment and Machinery Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Mining Equipment and Machinery Major Company Production Sites & Headquarters
- 3.6 Global Mining Equipment and Machinery Company, Product Type & Application
- 3.7 Global Mining Equipment and Machinery Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Mining Equipment and Machinery Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Mining Equipment and Machinery Players Market Share by Revenue in 2025
- 3.8.3 2025 Mining Equipment and Machinery Tier 1, Tier 2, and Tier 3
4 Mining Equipment and Machinery Regional Status and Outlook
- 4.1 Global Mining Equipment and Machinery Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Mining Equipment and Machinery Historic Market Size by Region
- 4.2.1 Global Mining Equipment and Machinery Sales in Volume by Region (2021-2026)
- 4.2.2 Global Mining Equipment and Machinery Sales in Value by Region (2021-2026)
- 4.2.3 Global Mining Equipment and Machinery Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Mining Equipment and Machinery Forecasted Market Size by Region
- 4.3.1 Global Mining Equipment and Machinery Sales in Volume by Region (2027-2032)
- 4.3.2 Global Mining Equipment and Machinery Sales in Value by Region (2027-2032)
- 4.3.3 Global Mining Equipment and Machinery Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Mining Equipment and Machinery by Application
- 5.1 Mining Equipment and Machinery Market by Application
- 5.1.1 Mineral Mining
- 5.1.2 Coal Mining
- 5.1.3 Metal Mining
- 5.2 Global Mining Equipment and Machinery Market Size by Application
- 5.2.1 Global Mining Equipment and Machinery Market Size Overview by Application (2021-2032)
- 5.2.2 Global Mining Equipment and Machinery Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Mining Equipment and Machinery Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Mining Equipment and Machinery Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Mining Equipment and Machinery Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Mining Equipment and Machinery Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Mining Equipment and Machinery Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Mining Equipment and Machinery Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Volvo
- 6.1.1 Volvo Company Information
- 6.1.2 Volvo Business Overview
- 6.1.3 Volvo Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Volvo Mining Equipment and Machinery Product Portfolio
- 6.1.5 Volvo Recent Developments
- 6.2 FLSmidth
- 6.2.1 FLSmidth Company Information
- 6.2.2 FLSmidth Business Overview
- 6.2.3 FLSmidth Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 FLSmidth Mining Equipment and Machinery Product Portfolio
- 6.2.5 FLSmidth Recent Developments
- 6.3 Sandvik
- 6.3.1 Sandvik Company Information
- 6.3.2 Sandvik Business Overview
- 6.3.3 Sandvik Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Sandvik Mining Equipment and Machinery Product Portfolio
- 6.3.5 Sandvik Recent Developments
- 6.4 Metso
- 6.4.1 Metso Company Information
- 6.4.2 Metso Business Overview
- 6.4.3 Metso Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Metso Mining Equipment and Machinery Product Portfolio
- 6.4.5 Metso Recent Developments
- 6.5 Joy
- 6.5.1 Joy Company Information
- 6.5.2 Joy Business Overview
- 6.5.3 Joy Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Joy Mining Equipment and Machinery Product Portfolio
- 6.5.5 Joy Recent Developments
- 6.6 Caterpillar
- 6.6.1 Caterpillar Company Information
- 6.6.2 Caterpillar Business Overview
- 6.6.3 Caterpillar Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Caterpillar Mining Equipment and Machinery Product Portfolio
- 6.6.5 Caterpillar Recent Developments
- 6.7 Outotec
- 6.7.1 Outotec Company Information
- 6.7.2 Outotec Business Overview
- 6.7.3 Outotec Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Outotec Mining Equipment and Machinery Product Portfolio
- 6.7.5 Outotec Recent Developments
- 6.8 Hitachi
- 6.8.1 Hitachi Company Information
- 6.8.2 Hitachi Business Overview
- 6.8.3 Hitachi Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Hitachi Mining Equipment and Machinery Product Portfolio
- 6.8.5 Hitachi Recent Developments
- 6.9 Atlas Copco
- 6.9.1 Atlas Copco Company Information
- 6.9.2 Atlas Copco Business Overview
- 6.9.3 Atlas Copco Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Atlas Copco Mining Equipment and Machinery Product Portfolio
- 6.9.5 Atlas Copco Recent Developments
- 6.10 Doosan Heavy
- 6.10.1 Doosan Heavy Company Information
- 6.10.2 Doosan Heavy Business Overview
- 6.10.3 Doosan Heavy Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Doosan Heavy Mining Equipment and Machinery Product Portfolio
- 6.10.5 Doosan Heavy Recent Developments
- 6.11 Boart Longyear
- 6.11.1 Boart Longyear Company Information
- 6.11.2 Boart Longyear Business Overview
- 6.11.3 Boart Longyear Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Boart Longyear Mining Equipment and Machinery Product Portfolio
- 6.11.5 Boart Longyear Recent Developments
- 6.12 ZMJ Group
- 6.12.1 ZMJ Group Company Information
- 6.12.2 ZMJ Group Business Overview
- 6.12.3 ZMJ Group Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 ZMJ Group Mining Equipment and Machinery Product Portfolio
- 6.12.5 ZMJ Group Recent Developments
- 6.13 Liebherr Group
- 6.13.1 Liebherr Group Company Information
- 6.13.2 Liebherr Group Business Overview
- 6.13.3 Liebherr Group Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Liebherr Group Mining Equipment and Machinery Product Portfolio
- 6.13.5 Liebherr Group Recent Developments
- 6.14 Northern Heavy Industries Group
- 6.14.1 Northern Heavy Industries Group Company Information
- 6.14.2 Northern Heavy Industries Group Business Overview
- 6.14.3 Northern Heavy Industries Group Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Northern Heavy Industries Group Mining Equipment and Machinery Product Portfolio
- 6.14.5 Northern Heavy Industries Group Recent Developments
- 6.15 Komatsu
- 6.15.1 Komatsu Company Information
- 6.15.2 Komatsu Business Overview
- 6.15.3 Komatsu Mining Equipment and Machinery Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Komatsu Mining Equipment and Machinery Product Portfolio
- 6.15.5 Komatsu Recent Developments
7 North America by Country
- 7.1 North America Mining Equipment and Machinery Sales by Country
- 7.1.1 North America Mining Equipment and Machinery Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Mining Equipment and Machinery Sales by Country (2021-2026)
- 7.1.3 North America Mining Equipment and Machinery Sales Forecast by Country (2027-2032)
- 7.2 North America Mining Equipment and Machinery Market Size by Country
- 7.2.1 North America Mining Equipment and Machinery Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Mining Equipment and Machinery Market Size by Country (2021-2026)
- 7.2.3 North America Mining Equipment and Machinery Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Mining Equipment and Machinery Sales by Country
- 8.1.1 Europe Mining Equipment and Machinery Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Mining Equipment and Machinery Sales by Country (2021-2026)
- 8.1.3 Europe Mining Equipment and Machinery Sales Forecast by Country (2027-2032)
- 8.2 Europe Mining Equipment and Machinery Market Size by Country
- 8.2.1 Europe Mining Equipment and Machinery Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Mining Equipment and Machinery Market Size by Country (2021-2026)
- 8.2.3 Europe Mining Equipment and Machinery Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Mining Equipment and Machinery Sales by Country
- 9.1.1 Asia-Pacific Mining Equipment and Machinery Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Mining Equipment and Machinery Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Mining Equipment and Machinery Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Mining Equipment and Machinery Market Size by Country
- 9.2.1 Asia-Pacific Mining Equipment and Machinery Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Mining Equipment and Machinery Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Mining Equipment and Machinery Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Mining Equipment and Machinery Sales by Country
- 10.1.1 South America Mining Equipment and Machinery Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Mining Equipment and Machinery Sales by Country (2021-2026)
- 10.1.3 South America Mining Equipment and Machinery Sales Forecast by Country (2027-2032)
- 10.2 South America Mining Equipment and Machinery Market Size by Country
- 10.2.1 South America Mining Equipment and Machinery Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Mining Equipment and Machinery Market Size by Country (2021-2026)
- 10.2.3 South America Mining Equipment and Machinery Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Mining Equipment and Machinery Sales by Country
- 11.1.1 Middle East and Africa Mining Equipment and Machinery Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Mining Equipment and Machinery Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Mining Equipment and Machinery Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Mining Equipment and Machinery Market Size by Country
- 11.2.1 Middle East and Africa Mining Equipment and Machinery Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Mining Equipment and Machinery Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Mining Equipment and Machinery Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Mining Equipment and Machinery Value Chain Analysis
- 12.1.1 Mining Equipment and Machinery Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Mining Equipment and Machinery Production Mode & Process
- 12.2 Mining Equipment and Machinery Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Mining Equipment and Machinery Distributors
- 12.2.3 Mining Equipment and Machinery Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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