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Industry Research
Mining Equipment and Machinery Industry Research Report 2026
Market perspective
The global Mining Equipment and Machinery market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Mining Equipment and Machinery is forecast 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 rise 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 expected to grow 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 , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Mining Equipment and Machinery market in revenue (US$ million) and, where applicable, sales volume (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$/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 and Machinery.
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 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: 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 and Machinery 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 and Machinery 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 and Machinery 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
- 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 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 and Machinery by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Crushing
- 2.2.3 Pulverizing and Screening Equipment
- 2.2.4 Underground Mining Machinery
- 2.2.5 Mineral Processing Machinery
- 2.2.6 Mining Drilling
- 2.2.7 Breakers
- 2.2.8 Surface Mining Equipment
- 2.2.9 Others
- 2.3 Mining Equipment and Machinery by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Mineral Mining
- 2.3.3 Coal Mining
- 2.3.4 Metal Mining
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Mining Equipment and Machinery Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Mining Equipment and Machinery Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Mining Equipment and Machinery Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Mining Equipment and Machinery Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Mining Equipment and Machinery Production by Manufacturers (2021-2026)
- 3.2 Global Mining Equipment and Machinery Production Value by Manufacturers (2021-2026)
- 3.3 Global Mining Equipment and Machinery Average Price by Manufacturers (2021-2026)
- 3.4 Global Mining Equipment and Machinery Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Mining Equipment and Machinery Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Mining Equipment and Machinery Manufacturers, Product Type & Application
- 3.7 Global Mining Equipment and Machinery Manufacturers Established Date
- 3.8 Global Mining Equipment and Machinery Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Volvo
- 4.1.1 Volvo Mining Equipment and Machinery Company Information
- 4.1.2 Volvo Mining Equipment and Machinery Business Overview
- 4.1.3 Volvo Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.1.4 Volvo Product Portfolio
- 4.1.5 Volvo Recent Developments
- 4.2 FLSmidth
- 4.2.1 FLSmidth Mining Equipment and Machinery Company Information
- 4.2.2 FLSmidth Mining Equipment and Machinery Business Overview
- 4.2.3 FLSmidth Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.2.4 FLSmidth Product Portfolio
- 4.2.5 FLSmidth Recent Developments
- 4.3 Sandvik
- 4.3.1 Sandvik Mining Equipment and Machinery Company Information
- 4.3.2 Sandvik Mining Equipment and Machinery Business Overview
- 4.3.3 Sandvik Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.3.4 Sandvik Product Portfolio
- 4.3.5 Sandvik Recent Developments
- 4.4 Metso
- 4.4.1 Metso Mining Equipment and Machinery Company Information
- 4.4.2 Metso Mining Equipment and Machinery Business Overview
- 4.4.3 Metso Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.4.4 Metso Product Portfolio
- 4.4.5 Metso Recent Developments
- 4.5 Joy
- 4.5.1 Joy Mining Equipment and Machinery Company Information
- 4.5.2 Joy Mining Equipment and Machinery Business Overview
- 4.5.3 Joy Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.5.4 Joy Product Portfolio
- 4.5.5 Joy Recent Developments
- 4.6 Caterpillar
- 4.6.1 Caterpillar Mining Equipment and Machinery Company Information
- 4.6.2 Caterpillar Mining Equipment and Machinery Business Overview
- 4.6.3 Caterpillar Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.6.4 Caterpillar Product Portfolio
- 4.6.5 Caterpillar Recent Developments
- 4.7 Outotec
- 4.7.1 Outotec Mining Equipment and Machinery Company Information
- 4.7.2 Outotec Mining Equipment and Machinery Business Overview
- 4.7.3 Outotec Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.7.4 Outotec Product Portfolio
- 4.7.5 Outotec Recent Developments
- 4.8 Hitachi
- 4.8.1 Hitachi Mining Equipment and Machinery Company Information
- 4.8.2 Hitachi Mining Equipment and Machinery Business Overview
- 4.8.3 Hitachi Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.8.4 Hitachi Product Portfolio
- 4.8.5 Hitachi Recent Developments
- 4.9 Atlas Copco
- 4.9.1 Atlas Copco Mining Equipment and Machinery Company Information
- 4.9.2 Atlas Copco Mining Equipment and Machinery Business Overview
- 4.9.3 Atlas Copco Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.9.4 Atlas Copco Product Portfolio
- 4.9.5 Atlas Copco Recent Developments
- 4.10 Doosan Heavy
- 4.10.1 Doosan Heavy Mining Equipment and Machinery Company Information
- 4.10.2 Doosan Heavy Mining Equipment and Machinery Business Overview
- 4.10.3 Doosan Heavy Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.10.4 Doosan Heavy Product Portfolio
- 4.10.5 Doosan Heavy Recent Developments
- 4.11 Boart Longyear
- 4.11.1 Boart Longyear Mining Equipment and Machinery Company Information
- 4.11.2 Boart Longyear Mining Equipment and Machinery Business Overview
- 4.11.3 Boart Longyear Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.11.4 Boart Longyear Product Portfolio
- 4.11.5 Boart Longyear Recent Developments
- 4.12 ZMJ Group
- 4.12.1 ZMJ Group Mining Equipment and Machinery Company Information
- 4.12.2 ZMJ Group Mining Equipment and Machinery Business Overview
- 4.12.3 ZMJ Group Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.12.4 ZMJ Group Product Portfolio
- 4.12.5 ZMJ Group Recent Developments
- 4.13 Liebherr Group
- 4.13.1 Liebherr Group Mining Equipment and Machinery Company Information
- 4.13.2 Liebherr Group Mining Equipment and Machinery Business Overview
- 4.13.3 Liebherr Group Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.13.4 Liebherr Group Product Portfolio
- 4.13.5 Liebherr Group Recent Developments
- 4.14 Northern Heavy Industries Group
- 4.14.1 Northern Heavy Industries Group Mining Equipment and Machinery Company Information
- 4.14.2 Northern Heavy Industries Group Mining Equipment and Machinery Business Overview
- 4.14.3 Northern Heavy Industries Group Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.14.4 Northern Heavy Industries Group Product Portfolio
- 4.14.5 Northern Heavy Industries Group Recent Developments
- 4.15 Komatsu
- 4.15.1 Komatsu Mining Equipment and Machinery Company Information
- 4.15.2 Komatsu Mining Equipment and Machinery Business Overview
- 4.15.3 Komatsu Mining Equipment and Machinery Production, Value and Gross Margin (2021-2026)
- 4.15.4 Komatsu Product Portfolio
- 4.15.5 Komatsu Recent Developments
5 Global Mining Equipment and Machinery Production by Region
- 5.1 Global Mining Equipment and Machinery Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Mining Equipment and Machinery Production by Region: 2021-2032
- 5.2.1 Global Mining Equipment and Machinery Production by Region: 2021-2026
- 5.2.2 Global Mining Equipment and Machinery Production Forecast by Region (2027-2032)
- 5.3 Global Mining Equipment and Machinery Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Mining Equipment and Machinery Production Value by Region: 2021-2032
- 5.4.1 Global Mining Equipment and Machinery Production Value by Region: 2021-2026
- 5.4.2 Global Mining Equipment and Machinery Production Value Forecast by Region (2027-2032)
- 5.5 Global Mining Equipment and Machinery Market Price Analysis by Region (2021-2026)
- 5.6 Global Mining Equipment and Machinery Production and Value, YOY Growth
- 5.6.1 North America Mining Equipment and Machinery Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Mining Equipment and Machinery Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Mining Equipment and Machinery Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Mining Equipment and Machinery Production Value Estimates and Forecasts (2021-2032)
6 Global Mining Equipment and Machinery Consumption by Region
- 6.1 Global Mining Equipment and Machinery Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Mining Equipment and Machinery Consumption by Region (2021-2032)
- 6.2.1 Global Mining Equipment and Machinery Consumption by Region: 2021-2026
- 6.2.2 Global Mining Equipment and Machinery Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Mining Equipment and Machinery Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Mining Equipment and Machinery 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 and Machinery Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Mining Equipment and Machinery 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 and Machinery Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Mining Equipment and Machinery 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 and Machinery Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Mining Equipment and Machinery 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 and Machinery Production by Type (2021-2032)
- 7.1.1 Global Mining Equipment and Machinery Production by Type (2021-2032) & (units)
- 7.1.2 Global Mining Equipment and Machinery Production Market Share by Type (2021-2032)
- 7.2 Global Mining Equipment and Machinery Production Value by Type (2021-2032)
- 7.2.1 Global Mining Equipment and Machinery Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Mining Equipment and Machinery Production Value Market Share by Type (2021-2032)
- 7.3 Global Mining Equipment and Machinery Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Mining Equipment and Machinery Production by Application (2021-2032)
- 8.1.1 Global Mining Equipment and Machinery Production by Application (2021-2032) & (units)
- 8.1.2 Global Mining Equipment and Machinery Production Market Share by Application (2021-2032)
- 8.2 Global Mining Equipment and Machinery Production Value by Application (2021-2032)
- 8.2.1 Global Mining Equipment and Machinery Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Mining Equipment and Machinery Production Value Market Share by Application (2021-2032)
- 8.3 Global Mining Equipment and Machinery Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Mining Equipment and Machinery Value Chain Analysis
- 9.1.1 Mining Equipment and Machinery Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Mining Equipment and Machinery Production Mode & Process
- 9.2 Mining Equipment and Machinery Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Mining Equipment and Machinery Distributors
- 9.2.3 Mining Equipment and Machinery Customers
10 Global Mining Equipment and Machinery Analyzing Market Dynamics
- 10.1 Mining Equipment and Machinery Industry Trends
- 10.2 Mining Equipment and Machinery Industry Drivers
- 10.3 Mining Equipment and Machinery Industry Opportunities and Challenges
- 10.4 Mining Equipment and Machinery Industry Restraints
11 Report Conclusion
12 Disclaimer
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