Europe Mining Equipment Market Outlook, 2027

Europe Mining Equipment Market is projected to register a CAGR of 4.51%. Russia is projected to dominate the European market with more than 65% of the market share.

Featured Companies

  • 1. Caterpillar Private Limited
  • 2. Doosan Infracore
  • 3. Epiroc
  • 4. J C Bamford Excavators Ltd
  • 5. Liebherr
  • 6. Sandvik Mining And Rock Technology
  • More...

The European mining industry is among the continent's most modern and innovative industrial sectors. Discovering new deposits, mining, and ore dressing, all require major emphasis on research and development procedures. In Europe, mining exploration, extraction, and beneficiation are supported by various high-level enhanced technologies. The European industry also promotes improvements in environmental, health, and safety protection. The mining industry in Europe is fundamental to the overall economic well-being. Over the past decade, demand for aggregates, industrial materials, and metals has grown rapidly. Based on these growing demands, Europe is almost self-sufficient in production units. However, Europe is also a net importer of metals and metal ores. In addition to that, Europe is rich in natural resources. Mines are active in countries such as Austria, Finland, Greece, Ireland, Poland, Portugal, Sweden, Germany, the United Kingdom, and Russia, among others. In addition to that, Finland, Sweden, Bulgaria, and Spain all have gold mines. Finland and Sweden are the top two European gold producers. On the other hand, Tara in Ireland is Europe’s largest zinc mine, which is also one of the largest in global comparison. The presence of major market players in Europe, as well as the emphasis on coal production, is expected to drive market growth in the European mining equipment market.

According to the research report, "Europe Mining Equipment Market Outlook, 2027" published by Bonafide Research, the mining equipment market is projected to witness prominent market growth during the forecast period, registering a CAGR of 4.51%. Mining, mining technology, and mining equipment continue to play an important role in the European region. The sector generates tax revenue and employment. Even in the future, there will be no product that does not require mined raw materials. In this regard, manufacturers are increasingly relying on eco-friendly and energy-efficient machines and plants. The European mining equipment market is segmented into six prominent countries, including Germany, the United Kingdom, France, Italy, Spain, and Russia. Among these countries, Russia is projected to dominate the European market with more than 65% of the market share.

Mining Equipments
The mineral industry of Russia is one of the world’s leading industries. It also accounts for a large portion of the production sector of mineral products, including metals and mineral fuels. Russia has 22 coal basins with 114 coal deposits scattered across the country. Currently, Russia has more than 250 operating coal mines, including 104 underground mines and 137 open-pit mines. In addition to that, Russia has the world’s second-largest coal and metal reserves, including gold, silver, platinum, nickel, and diamonds. As a business platform, Russia holds the internationally recognized trade-show "MiningWorld Russia" that serves the mining and mineral extraction industry. This exhibition connects equipment and technology manufacturers with buyers to enhance the performance of the overall industry.

According to the report, the European mining equipment market is segregated into four categories: crushing, pulverizing & screening, mineral processing, surface mining, and underground mining. Among these categories, surface mining is anticipated to lead the European market during the forecast period with more than 38% of the market share, followed by underground mining. The largest portion of the mining industry in the European region has been covered by surface miles. Some of the largest surface mining projects across the region include Belchatow mine, Hambach mine, Aitik mine, Garzweiler mine, Maritsa east mine, Ptolemais south field mine, Welzow-sud mine, Inden mine, etc. The mineral processing category, on the other hand, is said to be the fastest growing segment in the European market. Based on the power output of the machine, the machine with less than 500 HP output is expected to acquire the largest market share in the European market. However, the 500–2000 HP output segment is rising at the highest growth rate during the forecast period. Further, the European market is segmented into three applications, including mineral mining, metal mining, and coal mining. Among these types, mineral mining applications are projected to dominate the market during the forecast period with more than 35% market share. Due to innovations and advancements, Europe is becoming a hub for the new mining industry opportunities. By utilizing effective equipment, Europe mines more than 42 diverse metals and minerals, including ornamental stones, sand, and gravel. The situation varies with geography, but resources are plentiful in Europe, which will boost the demand for enhanced mining equipment across the region.

Impact of Covid-19 on Europe Mining Equipment Market:
The outbreak of COVID-19 had an unpredictable and immediate impact on the global economy. This impact goes across all industries, including mining. The European region was also heavily impacted due to the pandemic. Significant price drops were observed across larger portions of various sectors in Europe. Due to the lockdown situations and social distancing norms, many production houses remained shut. However, the market is expected to witness prominent growth during the forecast period due to the increasing use of electric machinery in underground mining and rising demand for metals and minerals in many industries present in Europe.

Major Companies present in the market:
Sandvik AB, Caterpillar Inc., Komastu Limited, Volvo Group, Liebherr Group, Hitachi Construction Machinery Co., Limited, EpirocAb, Sany Heavy Equipment International Holdings Company Limited, Doosan Infracore Co. Limited, Guangxi Liugong Machinery Co., Ltd., Kobelco Construction Machinery Co., Ltd., Sumitomo Heavy Industries, Xuzhou Construction Machinery Group (XCMG), Bharat Earth Movers Limited, J C Bamford Excavators Limited, Wirtgen Group, Mine Master Ltd, FIORI GROUP S.p.A., JSC, WackerNeuson Group, Equipment North Inc., RTM Equipment, Astec Industries, Inc., BELL Equipment, AARD Mining Equipment

Considered in this report
• Geography: Europe
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027

Aspects covered in this report
• Europe Mining Equipment market with its value and forecast along with its segments
• Country wise market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report
• Germany
• United Kingdom
• France
• Italy
• Spain
• Russia

By Category of Mining Equipment in the report:
• Crushing, pulverizing, screening machinery
• Mineral processing machinery
• Surface mining machinery
• Underground mining machinery

By Application in the report:
• Mineral Mining
• Metal Mining
• Coal Mining

By Propulsion in the report:
• Diesel
• CNG/LNG/RNG

By Power Output in the report:
• Below 500 HP
• 500 to 2,000 HP
• Above 2,000 HP

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning. Post this we have started doing primary calls to industry people by equally segmenting in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry manufactures, consultants, Key vendors related to mining equipment industry. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

 

 

 

 

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Companies Mentioned

  • Caterpillar Private Limited
  • Doosan Infracore
  • Epiroc
  • J C Bamford Excavators Ltd
  • Liebherr
  • Sandvik Mining And Rock Technology
  • Sany
  • Volvo Construction Equipments
  • Komastu Limited
  • Guangxi Liugong Machinery Co., Ltd.    
  • Kobelco Construction Machinery Co., Ltd.
  • Sumitomo Heavy Industries          
  • Xuzhou Construction Machinery Group (XCMG)         
  • Wirtgen Group
  • Mine Master Ltd       
  • FIORI GROUP S.p.A.         
  • Wacker Neuson Group
  • BELL Equipment    

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Market Definition
  • 4. Economic /Demographic Snapshot
  • 5. Global Mining Equipment Market Outlook
  • 5.1. Market Size by Value
  • 5.2. Market Share
  • 5.2.1. By Region
  • 5.2.2. By Country
  • 5.2.3. By Company
  • 5.2.4. By Application
  • 5.2.5. By Category
  • 5.2.6. By Power Output
  • 5.2.7. By Propulsion
  • 6. Europe Mining Equipment Market Outlook
  • 6.1. Market Size by Value
  • 6.2. Market Share
  • 6.2.1. By Country
  • 6.2.2. By Application
  • 6.2.3. By Category
  • 6.2.4. By Power Output
  • 6.3. Germany Mining Equipment Market Outlook
  • 6.3.1. Market Size by Value
  • 6.3.2. Market Share
  • 6.3.2.1. By Category
  • 6.3.2.2. By Application
  • 6.4. UK Mining Equipment Market Outlook
  • 6.4.1. Market Size by Value
  • 6.4.2. Market Share
  • 6.4.2.1. By Category
  • 6.4.2.2. By Application
  • 6.5. France Mining Equipment Market Outlook
  • 6.5.1. Market Size by Value
  • 6.5.2. Market Share
  • 6.5.2.1. By Category
  • 6.5.2.2. By Application
  • 6.6. Italy Mining Equipment Market Outlook
  • 6.6.1. Market Size by Value
  • 6.6.2. Market Share
  • 6.6.2.1. By Category
  • 6.6.2.2. By Application
  • 6.7. Spain Mining Equipment Market Outlook
  • 6.7.1. Market Size by Value
  • 6.7.2. Market Share
  • 6.7.2.1. By Category
  • 6.7.2.2. By Application
  • 6.8. Russia Mining Equipment Market Outlook
  • 6.8.1. Market Size by Value
  • 6.8.2. Market Share
  • 6.8.2.1. By Category
  • 6.8.2.2. By Application
  • 7. Market Dynamics
  • 7.1. Market Drivers
  • 7.2. Market Drivers
  • 8. Market Trends and Developments
  • 8.1. XXXXXX
  • 8.2. XXXXXX
  • 8.3. XXXXXX
  • 8.4. XXXXXX
  • 8.5. XXXXXX
  • 9. Company Profiles
  • 9.1. Sandvik AB
  • 9.2. Caterpillar Inc.
  • 9.3. Komastu Limited
  • 9.4. Volvo Group
  • 9.5. Liebherr Group
  • 9.6. Hitachi Construction Machinery Co., Limited
  • 9.7. Epiroc AB
  • 9.8. Sany Heavy Equipment International Holdings Company Limited
  • 9.9. Doosan Infracore Co. Limited
  • 9.10. Guangxi Liugong Machinery Co., Ltd.
  • 9.11. Kobelco Construction Machinery Co., Ltd.
  • 9.12. Sumitomo Heavy Industries
  • 9.13. Xuzhou Construction Machinery Group (XCMG)
  • 9.14. J C Bamford Excavators Limited
  • 9.15. Wirtgen Group
  • 9.16. Mine Master Ltd
  • 9.17. FIORI GROUP S.p.A.
  • 9.18. Wacker Neuson Group
  • 9.19. BELL Equipment
  • 10. Strategic Recommendations
  • 11. Disclaimer

List of Tables
Table 1: Top 10 Countries Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Mining Equipment Market Share By Region (2016, 2021&2027F)
Table 5: Global Mining Equipment Market Share By Country (2016, 2021&2027F)
Table 6: Global Mining Equipment Market Share By Company (2020)
Table 7:Europe Mining Equipment Market Share By Country (2016, 2021&2027F)
Table 8: Key Facts of Sandvik AB
Table 9: Key Facts of Caterpillar Inc.
Table 10: Key Facts of Komastu Limited
Table 11: Key Facts of Volvo Group
Table 12: Key Facts of Liebherr Group
Table 13: Key Facts of Hitachi Construction Machinery Co., Limited
Table 14: Key Facts of Epiroc AB
Table 15: Key Facts of Sany Heavy Equipment International Holdings Company Limited
Table 16: Key Facts of Doosan Infracore Co. Limited
Table 17: Key Facts of Guangxi Lingong Machinery Co., Ltd
Table 18: Key Facts of Kobelco Construction Machinery Co., Ltd.
Table 19: Key Facts of Sumitomo Heavy Industries
Table 20: Key Facts of Xuzhou Construction Machinery Group (XCMG)
Table 21: Key Facts of J C Bamford Excavators Limited
Table 22: Key Facts of Wirtgen Group
Table 23: Key Facts of Mine Master Ltd
Table 24: Key Facts of FIORI GROUP S.p.A.
Table 25: Key Facts ofWackerNeuson Group
Table 26: Key Facts of BELL Equipment

List of Figures
Figure 1: Global Mining Equipment Market Size By Value 2016 to 2027F (In USD Billions)
Figure 2: Global Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 3: Global Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 4: Global Mining Equipment Market Share By Power Output (2016, 2021&2027F)
Figure 5: Global Mining Equipment Market Share By Propulsion (2016, 2021&2027F)
Figure 6: Europe Mining Equipment Market Size By Value 2016 to 2027F (In USD Billions)
Figure 7: Europe Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 8: Europe Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 9: Europe Mining Equipment Market Share By Power Output (2016, 2021&2027F)
Figure 10: Germany Mining Equipment Market Size By Value 2016 to 2027F (In USD Billions)
Figure 11: Germany Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 12: Germany Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 13: UK Mining Equipment Market Size By Value 2016 to 2027F (In USD Billions)
Figure 14: UK Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 15: UK Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 16: France Mining Equipment Market Size By Value 2016 to 2027F (In USD Billions)
Figure 17: France Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 18: France Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 19: Italy Mining Equipment Market Size By Value 2016 to 2027F (In USD Billions)
Figure 20: Italy Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 21: Italy Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 22: Spain Mining Equipment Market Size By Value 2016 to 2027F (In USD Billions)
Figure 23: Spain Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 24: Spain Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 25: Russia Mining Equipment Market Size By Value 2016 to 2027F (In USD Billions)
Figure 26: Russia Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 27: Russia Mining Equipment Market Share By Application (2016, 2021&2027F)
Figure 28: Market Attractiveness Index, 2021
Figure 29: Market Attractiveness Index, 2027F

Feed Phosphate Market Research FAQs

Mineral mining application is leading the Europe mining equipment market during the forecast period.

Europe mining equipment market is anticipated to grow at 4.83% for 2022-2027.

Russia is leading the Europe mining equipment market.

Mined materials are needed to construct roads and hospitals, to build automobiles and houses, to make computers and satellites, to generate electricity, and to provide the many other goods and services that consumers enjoy. In addition, mining is economically important to producing regions and countries.

Some of the advantages of mining are listed below:
• Useful Products: Minerals are in many of the products we use every day, including cars, computers, cell phones, and televisions.
• Jobs: Mining provides jobs.
• Exports: Canadian mines produce more minerals than we need in Canada.
• New Technology: New devices and ideas make mining safer.

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Europe Mining Equipment Market Outlook, 2027

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