Underground Mining Equipment Market, By Mining Method (Longwall Extraction and Room and Pillar Extraction), By Application (Coal Mining, Metal Mining and Minerals Mining), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2034

Report Code: PMI54419 | Publish Date: March 2024 | No. of Pages: 180

Global Underground Mining Equipment Market Overview

Introduction

Underground Mining Equipment Market was valued at US$ 17.6 Billion in 2024 and is projected to grow at a CAGR of 8.80% to reach US$ 37.9 Billion by 2034.

Underground mining equipment market report published by Prophecy Market Insights offers holistic view of various influencing factors and aims to answer all the target market related questions.

The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.

In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.

The global underground mining equipment market report segments the market on the basis of mining method, application, and region.

The report expected to answer various target market related questions and offers insights on:

  • Definition, description, overview of market growth influencing factors, and forecast for the target market
  • Scope for related market in the forecast period
  • Analysis and outcome for the global underground mining equipment market by segment and region followed by countries
  • Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
  • Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
  • Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
  • Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
  • PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index

Key players in the global underground mining equipment market includes, Asea Brown Boveri Ltd., Badger Meter Inc., Emerson Electric Co., Faure Herman SA, Hach/Marsh McBirney Inc., Honeywell International Inc., Index Corporation, Invensys Process Systems, Rockwell Automation Inc., Siemens AG, and Teledyne Isco Inc.

Prophecy Market Insights offers required customization on this report according to specific business requirements.

Global Underground Mining Equipment Market Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Mining Method
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Global Underground Mining Equipment Market, By Mining Method, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Longwall Extraction
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Room and pillar Extraction
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  5. Global Underground Mining Equipment Market, By Application, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Coal Mining
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Metal Mining
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Mineral Mining
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Global Underground Mining Equipment Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Mining Method, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Mining Method, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Mining Method, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Mining Method, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Mining Method, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
  7. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Asea Brown Boveri Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Badger Meter Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Emerson Electric Co.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Faure Herman SA
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Hach/Marsh McBirney Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Honeywell International Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Index Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Invensys Process Systems
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Rockwell Automation Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Siemens AG
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Teledyne Isco Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
    • Analyst Views
  8. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The Underground Mining Equipment Market is segmented into mining method, application, and region.

Rising demand for crude oil, natural gas, metal, and minerals is ultimately Increasing mining activities across the globe is major factor driving growth of the global underground mining equipment market.

Asia Pacific underground mining equipment market accounted for major revenue share of the underground mining equipment market and is further anticipated to maintain its dominance over the forecast period.

The Key players operating in the Underground Mining Equipment Market includes Asea Brown Boveri Ltd., Badger Meter Inc., Emerson Electric Co., Faure Herman SA, Hach/Marsh McBirney Inc., Honeywell International Inc., Index Corporation, Invensys Process Systems, Rockwell Automation Inc., Siemens AG, and Teledyne Isco Inc.