Global Underground Mining Equipment Market Growth (Status and Outlook) 2024-2030

The Underground Mining Equipment market was valued at USD 22.26 Billion in 2023, with a growing trend due to the increasing demand for mineral and resource extraction.

According to our publisher’s latest study, the global Underground Mining Equipment market size was valued at US$ 22260 million in 2023. With growing demand in downstream market, the Underground Mining Equipment is forecast to a readjusted size of US$ 35860 million by 2030 with a CAGR of 7.1% during review period. The research report highlights the growth potential of the global Underground Mining Equipment market. Underground Mining Equipment are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Underground Mining Equipment. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Underground Mining Equipment market. Underground Mining Equipment is the mining equipment used in the underground. Underground mining is a technique used to access ores and valuable minerals in the ground by digging into the ground to extract them. Global Underground Mining Equipment key players include Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery, Sandvik, etc. Global top five players hold a share about 50%. North America is the largest market, with a share about 30%, followed by Europe, having a share about 25 percent. In terms of product, Longwall is the largest segment, with a share about 75%. And in terms of application, the largest application is Coal Mining, followed by Metal Mining, Mineral Mining. Key Features: The report on Underground Mining Equipment market reflects various aspects and provide valuable insights into the industry. Market Size and Growth: The research report provide an overview of the current size and growth of the Underground Mining Equipment market. It may include historical data, market segmentation by Type (e.g., Longwall, Room and Pillar), and regional breakdowns. Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Underground Mining Equipment market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs. Market Drivers: Increasing demand for various minerals: The global underground mining equipment market is driven by the increasing demand for various minerals such as iron, gold, copper, coal, lead, aluminum, and silver. Rising mineral mining activity: The growth of the mining industry, particularly in regions such as North America, Asia-Pacific, and Latin America, is driving the demand for underground mining equipment. Government initiatives: Government initiatives and regulations promoting mining activities, such as the development of new mines and the expansion of existing ones, are also driving the market growth. Shift from traditional underground mining to cutting-edge, cost-effective open-pit mining: The shift from traditional underground mining to open-pit mining is expected to drive the demand for underground mining equipment. Market Challenges: Stringent regulations and environmental concerns: The mining industry is subject to strict regulations and environmental concerns, which can hinder the growth of the underground mining equipment market. High maintenance and operating costs: Underground mining equipment requires high maintenance and operating costs, which can be a challenge for mining companies. COVID-19 pandemic: The COVID-19 pandemic has led to a temporary halt in mining activities, resulting in a decline in demand for underground mining equipment. Technological advancements: The adoption of new technologies, such as automation and electrification, can be a challenge for the underground mining equipment market, as it may require significant investments and changes in mining operations. Competitive Landscape: The research report provides analysis of the competitive landscape within the Underground Mining Equipment market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market. Technological Developments: The research report can delve into the latest technological developments in the Underground Mining Equipment industry. This include advancements in Underground Mining Equipment technology, Underground Mining Equipment new entrants, Underground Mining Equipment new investment, and other innovations that are shaping the future of Underground Mining Equipment. The global Underground Mining Equipment market is witnessing significant technological advancements, driven by the need for increased efficiency, safety, and productivity in underground mining operations. Some of the key technological developments in the industry include: Automation and IoT: The increasing adoption of automation and Internet of Things (IoT) technologies is transforming the underground mining equipment market. Automation enables real-time monitoring and control of equipment, improving efficiency and reducing downtime. IoT sensors and devices provide valuable insights into equipment performance, enabling predictive maintenance and reducing the risk of equipment failure. 3D Printing and Mapping: 3D printing technology is being used to create complex parts and tools for underground mining equipment, reducing lead times and improving efficiency. 3D mapping technology is also being used to create detailed maps of underground mines, enabling more accurate planning and navigation. Blast Automation: Blast automation technology is being developed to improve the accuracy and efficiency of blasting operations. This technology uses sensors and algorithms to optimize blast patterns and reduce waste. Drones and Robotics: Drones and robotics are being used for efficient maintenance, monitoring, and mapping of underground mines. Drones can be equipped with sensors and cameras to inspect equipment and detect potential issues, while robots can be used for tasks such as drilling and excavation. Energy Storage and Power Systems: Advances in energy storage and power systems are enabling the use of electric and hybrid power systems in underground mining equipment, reducing emissions and improving efficiency. Advanced Materials: New materials and technologies are being developed to improve the durability and performance of underground mining equipment. For example, advanced ceramics and composites are being used to create wear-resistant components, while advanced lubricants are being developed to reduce friction and improve efficiency. Artificial Intelligence and Machine Learning: AI and machine learning are being used to improve the performance of underground mining equipment, enabling predictive maintenance, optimized production, and improved safety. Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Underground Mining Equipment market. It includes factors influencing customer ' purchasing decisions, preferences for Underground Mining Equipment product. Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Underground Mining Equipment market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Underground Mining Equipment market. The report also evaluates the effectiveness of these policies in driving market growth. Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Underground Mining Equipment market. Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Underground Mining Equipment industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments. Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Underground Mining Equipment market. Recommendations: Invest in automation and digitalization: The adoption of automation and digitalization in underground mining can improve efficiency, reduce costs, and enhance safety. Companies can invest in technologies such as autonomous haulage systems, remote monitoring, and data analytics to stay competitive. Focus on sustainable mining practices: The mining industry is under pressure to adopt sustainable practices to reduce its environmental impact. Companies can focus on reducing energy consumption, water usage, and waste generation, and implementing recycling and reuse programs. Develop innovative equipment designs: The development of innovative equipment designs that can withstand harsh underground conditions and improve efficiency can help companies stay ahead of the competition. Invest in research and development: Continuous research and development are essential to stay ahead of the competition and address the challenges faced by the underground mining industry. Form strategic partnerships: Partnerships with technology providers, research institutions, and other stakeholders can help companies access new technologies, share knowledge, and reduce costs. Opportunities: Growing demand for minerals and metals: The growing demand for minerals and metals, particularly in emerging economies, is expected to drive the growth of the underground mining equipment market. Advancements in 3D printing technology: The adoption of 3D printing technology in underground mining can improve the design and production of equipment, reducing lead times and costs. Increasing adoption of electric and hybrid equipment: The increasing adoption of electric and hybrid equipment can reduce emissions and operating costs, making underground mining more sustainable. Growing demand for automation and digitalization: The growing demand for automation and digitalization in underground mining can improve efficiency, reduce costs, and enhance safety. New discoveries and exploration: New discoveries and exploration activities can lead to the development of new underground mining projects, driving the growth of the equipment market. Market Segmentation: Underground Mining Equipment market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value. Segmentation by type Longwall Room and Pillar Segmentation by application Coal Mining Metal Mining Mineral Mining This report also splits the market by region:re.=-[] Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. Caterpillar Komatsu (Joy Global) Volvo Hitachi Construction Machinery Sandvik Atlas Copco Metso ThyssenKrupp Liebherr-International ZMJ FLSmidth Doosan Infracore China Coal Group

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Table of Contents

  • 1 Scope of the Report
  • 1.1 Market Introduction
  • 1.2 Years Considered
  • 1.3 Research Objectives
  • 1.4 Market Research Methodology
  • 1.5 Research Process and Data Source
  • 1.6 Economic Indicators
  • 1.7 Currency Considered
  • 1.8 Market Estimation Caveats
  • 2 Executive Summary
  • 2.1 World Market Overview
  • 2.1.1 Global Underground Mining Equipment Market Size 2019-2030
  • 2.1.2 Underground Mining Equipment Market Size CAGR by Region 2019 VS 2023 VS 2030
  • 2.2 Underground Mining Equipment Segment by Type
  • 2.2.1 Longwall
  • 2.2.2 Room and Pillar
  • 2.3 Underground Mining Equipment Market Size by Type
  • 2.3.1 Underground Mining Equipment Market Size CAGR by Type (2019 VS 2023 VS 2030)
  • 2.3.2 Global Underground Mining Equipment Market Size Market Share by Type (2019-2024)
  • 2.4 Underground Mining Equipment Segment by Application
  • 2.4.1 Coal Mining
  • 2.4.2 Metal Mining
  • 2.4.3 Mineral Mining
  • 2.5 Underground Mining Equipment Market Size by Application
  • 2.5.1 Underground Mining Equipment Market Size CAGR by Application (2019 VS 2023 VS 2030)
  • 2.5.2 Global Underground Mining Equipment Market Size Market Share by Application (2019-2024)
  • 3 Underground Mining Equipment Market Size by Player
  • 3.1 Underground Mining Equipment Market Size Market Share by Players
  • 3.1.1 Global Underground Mining Equipment Revenue by Players (2019-2024)
  • 3.1.2 Global Underground Mining Equipment Revenue Market Share by Players (2019-2024)
  • 3.2 Global Underground Mining Equipment Key Players Head office and Products Offered
  • 3.3 Market Concentration Rate Analysis
  • 3.3.1 Competition Landscape Analysis
  • 3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
  • 3.4 New Products and Potential Entrants
  • 3.5 Mergers & Acquisitions, Expansion
  • 4 Underground Mining Equipment by Regions
  • 4.1 Underground Mining Equipment Market Size by Regions (2019-2024)
  • 4.2 Americas Underground Mining Equipment Market Size Growth (2019-2024)
  • 4.3 APAC Underground Mining Equipment Market Size Growth (2019-2024)
  • 4.4 Europe Underground Mining Equipment Market Size Growth (2019-2024)
  • 4.5 Middle East & Africa Underground Mining Equipment Market Size Growth (2019-2024)
  • 5 Americas
  • 5.1 Americas Underground Mining Equipment Market Size by Country (2019-2024)
  • 5.2 Americas Underground Mining Equipment Market Size by Type (2019-2024)
  • 5.3 Americas Underground Mining Equipment Market Size by Application (2019-2024)
  • 5.4 United States
  • 5.5 Canada
  • 5.6 Mexico
  • 5.7 Brazil
  • 6 APAC
  • 6.1 APAC Underground Mining Equipment Market Size by Region (2019-2024)
  • 6.2 APAC Underground Mining Equipment Market Size by Type (2019-2024)
  • 6.3 APAC Underground Mining Equipment Market Size by Application (2019-2024)
  • 6.4 China
  • 6.5 Japan
  • 6.6 Korea
  • 6.7 Southeast Asia
  • 6.8 India
  • 6.9 Australia
  • 7 Europe
  • 7.1 Europe Underground Mining Equipment by Country (2019-2024)
  • 7.2 Europe Underground Mining Equipment Market Size by Type (2019-2024)
  • 7.3 Europe Underground Mining Equipment Market Size by Application (2019-2024)
  • 7.4 Germany
  • 7.5 France
  • 7.6 UK
  • 7.7 Italy
  • 7.8 Russia
  • 8 Middle East & Africa
  • 8.1 Middle East & Africa Underground Mining Equipment by Region (2019-2024)
  • 8.2 Middle East & Africa Underground Mining Equipment Market Size by Type (2019-2024)
  • 8.3 Middle East & Africa Underground Mining Equipment Market Size by Application (2019-2024)
  • 8.4 Egypt
  • 8.5 South Africa
  • 8.6 Israel
  • 8.7 Turkey
  • 8.8 GCC Countries
  • 9 Market Drivers, Challenges and Trends
  • 9.1 Market Drivers & Growth Opportunities
  • 9.2 Market Challenges & Risks
  • 9.3 Industry Trends
  • 10 Global Underground Mining Equipment Market Forecast
  • 10.1 Global Underground Mining Equipment Forecast by Regions (2025-2030)
  • 10.1.1 Global Underground Mining Equipment Forecast by Regions (2025-2030)
  • 10.1.2 Americas Underground Mining Equipment Forecast
  • 10.1.3 APAC Underground Mining Equipment Forecast
  • 10.1.4 Europe Underground Mining Equipment Forecast
  • 10.1.5 Middle East & Africa Underground Mining Equipment Forecast
  • 10.2 Americas Underground Mining Equipment Forecast by Country (2025-2030)
  • 10.2.1 United States Underground Mining Equipment Market Forecast
  • 10.2.2 Canada Underground Mining Equipment Market Forecast
  • 10.2.3 Mexico Underground Mining Equipment Market Forecast
  • 10.2.4 Brazil Underground Mining Equipment Market Forecast
  • 10.3 APAC Underground Mining Equipment Forecast by Region (2025-2030)
  • 10.3.1 China Underground Mining Equipment Market Forecast
  • 10.3.2 Japan Underground Mining Equipment Market Forecast
  • 10.3.3 Korea Underground Mining Equipment Market Forecast
  • 10.3.4 Southeast Asia Underground Mining Equipment Market Forecast
  • 10.3.5 India Underground Mining Equipment Market Forecast
  • 10.3.6 Australia Underground Mining Equipment Market Forecast
  • 10.4 Europe Underground Mining Equipment Forecast by Country (2025-2030)
  • 10.4.1 Germany Underground Mining Equipment Market Forecast
  • 10.4.2 France Underground Mining Equipment Market Forecast
  • 10.4.3 UK Underground Mining Equipment Market Forecast
  • 10.4.4 Italy Underground Mining Equipment Market Forecast
  • 10.4.5 Russia Underground Mining Equipment Market Forecast
  • 10.5 Middle East & Africa Underground Mining Equipment Forecast by Region (2025-2030)
  • 10.5.1 Egypt Underground Mining Equipment Market Forecast
  • 10.5.2 South Africa Underground Mining Equipment Market Forecast
  • 10.5.3 Israel Underground Mining Equipment Market Forecast
  • 10.5.4 Turkey Underground Mining Equipment Market Forecast
  • 10.5.5 GCC Countries Underground Mining Equipment Market Forecast
  • 10.6 Global Underground Mining Equipment Forecast by Type (2025-2030)
  • 10.7 Global Underground Mining Equipment Forecast by Application (2025-2030)
  • 11 Key Players Analysis
  • 11.1 Caterpillar
  • 11.1.1 Caterpillar Company Information
  • 11.1.2 Caterpillar Underground Mining Equipment Product Offered
  • 11.1.3 Caterpillar Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.1.4 Caterpillar Main Business Overview
  • 11.1.5 Caterpillar Latest Developments
  • 11.2 Komatsu (Joy Global)
  • 11.2.1 Komatsu (Joy Global) Company Information
  • 11.2.2 Komatsu (Joy Global) Underground Mining Equipment Product Offered
  • 11.2.3 Komatsu (Joy Global) Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.2.4 Komatsu (Joy Global) Main Business Overview
  • 11.2.5 Komatsu (Joy Global) Latest Developments
  • 11.3 Volvo
  • 11.3.1 Volvo Company Information
  • 11.3.2 Volvo Underground Mining Equipment Product Offered
  • 11.3.3 Volvo Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.3.4 Volvo Main Business Overview
  • 11.3.5 Volvo Latest Developments
  • 11.4 Hitachi Construction Machinery
  • 11.4.1 Hitachi Construction Machinery Company Information
  • 11.4.2 Hitachi Construction Machinery Underground Mining Equipment Product Offered
  • 11.4.3 Hitachi Construction Machinery Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.4.4 Hitachi Construction Machinery Main Business Overview
  • 11.4.5 Hitachi Construction Machinery Latest Developments
  • 11.5 Sandvik
  • 11.5.1 Sandvik Company Information
  • 11.5.2 Sandvik Underground Mining Equipment Product Offered
  • 11.5.3 Sandvik Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.5.4 Sandvik Main Business Overview
  • 11.5.5 Sandvik Latest Developments
  • 11.6 Atlas Copco
  • 11.6.1 Atlas Copco Company Information
  • 11.6.2 Atlas Copco Underground Mining Equipment Product Offered
  • 11.6.3 Atlas Copco Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.6.4 Atlas Copco Main Business Overview
  • 11.6.5 Atlas Copco Latest Developments
  • 11.7 Metso
  • 11.7.1 Metso Company Information
  • 11.7.2 Metso Underground Mining Equipment Product Offered
  • 11.7.3 Metso Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.7.4 Metso Main Business Overview
  • 11.7.5 Metso Latest Developments
  • 11.8 ThyssenKrupp
  • 11.8.1 ThyssenKrupp Company Information
  • 11.8.2 ThyssenKrupp Underground Mining Equipment Product Offered
  • 11.8.3 ThyssenKrupp Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.8.4 ThyssenKrupp Main Business Overview
  • 11.8.5 ThyssenKrupp Latest Developments
  • 11.9 Liebherr-International
  • 11.9.1 Liebherr-International Company Information
  • 11.9.2 Liebherr-International Underground Mining Equipment Product Offered
  • 11.9.3 Liebherr-International Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.9.4 Liebherr-International Main Business Overview
  • 11.9.5 Liebherr-International Latest Developments
  • 11.10 ZMJ
  • 11.10.1 ZMJ Company Information
  • 11.10.2 ZMJ Underground Mining Equipment Product Offered
  • 11.10.3 ZMJ Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.10.4 ZMJ Main Business Overview
  • 11.10.5 ZMJ Latest Developments
  • 11.11 FLSmidth
  • 11.11.1 FLSmidth Company Information
  • 11.11.2 FLSmidth Underground Mining Equipment Product Offered
  • 11.11.3 FLSmidth Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.11.4 FLSmidth Main Business Overview
  • 11.11.5 FLSmidth Latest Developments
  • 11.12 Doosan Infracore
  • 11.12.1 Doosan Infracore Company Information
  • 11.12.2 Doosan Infracore Underground Mining Equipment Product Offered
  • 11.12.3 Doosan Infracore Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.12.4 Doosan Infracore Main Business Overview
  • 11.12.5 Doosan Infracore Latest Developments
  • 11.13 China Coal Group
  • 11.13.1 China Coal Group Company Information
  • 11.13.2 China Coal Group Underground Mining Equipment Product Offered
  • 11.13.3 China Coal Group Underground Mining Equipment Revenue, Gross Margin and Market Share (2019-2024)
  • 11.13.4 China Coal Group Main Business Overview
  • 11.13.5 China Coal Group Latest Developments
  • 12 Research Findings and Conclusion

Table 1. Underground Mining Equipment Market Size CAGR by Region (2019 VS 2023 VS 2030) & ($ Millions) Table 2. Major Players of Longwall Table 3. Major Players of Room and Pillar Table 4. Underground Mining Equipment Market Size CAGR by Type (2019 VS 2023 VS 2030) & ($ Millions) Table 5. Global Underground Mining Equipment Market Size by Type (2019-2024) & ($ Millions) Table 6. Global Underground Mining Equipment Market Size Market Share by Type (2019-2024) Table 7. Underground Mining Equipment Market Size CAGR by Application (2019 VS 2023 VS 2030) & ($ Millions) Table 8. Global Underground Mining Equipment Market Size by Application (2019-2024) & ($ Millions) Table 9. Global Underground Mining Equipment Market Size Market Share by Application (2019-2024) Table 10. Global Underground Mining Equipment Revenue by Players (2019-2024) & ($ Millions) Table 11. Global Underground Mining Equipment Revenue Market Share by Player (2019-2024) Table 12. Underground Mining Equipment Key Players Head office and Products Offered Table 13. Underground Mining Equipment Concentration Ratio (CR3, CR5 and CR10) & (2022-2024) Table 14. New Products and Potential Entrants Table 15. Mergers & Acquisitions, Expansion Table 16. Global Underground Mining Equipment Market Size by Regions 2019-2024 & ($ Millions) Table 17. Global Underground Mining Equipment Market Size Market Share by Regions (2019-2024) Table 18. Global Underground Mining Equipment Revenue by Country/Region (2019-2024) & ($ millions) Table 19. Global Underground Mining Equipment Revenue Market Share by Country/Region (2019-2024) Table 20. Americas Underground Mining Equipment Market Size by Country (2019-2024) & ($ Millions) Table 21. Americas Underground Mining Equipment Market Size Market Share by Country (2019-2024) Table 22. Americas Underground Mining Equipment Market Size by Type (2019-2024) & ($ Millions) Table 23. Americas Underground Mining Equipment Market Size Market Share by Type (2019-2024) Table 24. Americas Underground Mining Equipment Market Size by Application (2019-2024) & ($ Millions) Table 25. Americas Underground Mining Equipment Market Size Market Share by Application (2019-2024) Table 26. APAC Underground Mining Equipment Market Size by Region (2019-2024) & ($ Millions) Table 27. APAC Underground Mining Equipment Market Size Market Share by Region (2019-2024) Table 28. APAC Underground Mining Equipment Market Size by Type (2019-2024) & ($ Millions) Table 29. APAC Underground Mining Equipment Market Size Market Share by Type (2019-2024) Table 30. APAC Underground Mining Equipment Market Size by Application (2019-2024) & ($ Millions) Table 31. APAC Underground Mining Equipment Market Size Market Share by Application (2019-2024) Table 32. Europe Underground Mining Equipment Market Size by Country (2019-2024) & ($ Millions) Table 33. Europe Underground Mining Equipment Market Size Market Share by Country (2019-2024) Table 34. Europe Underground Mining Equipment Market Size by Type (2019-2024) & ($ Millions) Table 35. Europe Underground Mining Equipment Market Size Market Share by Type (2019-2024) Table 36. Europe Underground Mining Equipment Market Size by Application (2019-2024) & ($ Millions) Table 37. Europe Underground Mining Equipment Market Size Market Share by Application (2019-2024) Table 38. Middle East & Africa Underground Mining Equipment Market Size by Region (2019-2024) & ($ Millions) Table 39. Middle East & Africa Underground Mining Equipment Market Size Market Share by Region (2019-2024) Table 40. Middle East & Africa Underground Mining Equipment Market Size by Type (2019-2024) & ($ Millions) Table 41. Middle East & Africa Underground Mining Equipment Market Size Market Share by Type (2019-2024) Table 42. Middle East & Africa Underground Mining Equipment Market Size by Application (2019-2024) & ($ Millions) Table 43. Middle East & Africa Underground Mining Equipment Market Size Market Share by Application (2019-2024) Table 44. Key Market Drivers & Growth Opportunities of Underground Mining Equipment Table 45. Key Market Challenges & Risks of Underground Mining Equipment Table 46. Key Industry Trends of Underground Mining Equipment Table 47. Global Underground Mining Equipment Market Size Forecast by Regions (2025-2030) & ($ Millions) Table 48. Global Underground Mining Equipment Market Size Market Share Forecast by Regions (2025-2030) Table 49. Global Underground Mining Equipment Market Size Forecast by Type (2025-2030) & ($ Millions) Table 50. Global Underground Mining Equipment Market Size Forecast by Application (2025-2030) & ($ Millions) Table 51. Caterpillar Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 52. Caterpillar Underground Mining Equipment Product Offered Table 53. Caterpillar Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 54. Caterpillar Main Business Table 55. Caterpillar Latest Developments Table 56. Komatsu (Joy Global) Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 57. Komatsu (Joy Global) Underground Mining Equipment Product Offered Table 58. Komatsu (Joy Global) Main Business Table 59. Komatsu (Joy Global) Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 60. Komatsu (Joy Global) Latest Developments Table 61. Volvo Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 62. Volvo Underground Mining Equipment Product Offered Table 63. Volvo Main Business Table 64. Volvo Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 65. Volvo Latest Developments Table 66. Hitachi Construction Machinery Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 67. Hitachi Construction Machinery Underground Mining Equipment Product Offered Table 68. Hitachi Construction Machinery Main Business Table 69. Hitachi Construction Machinery Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 70. Hitachi Construction Machinery Latest Developments Table 71. Sandvik Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 72. Sandvik Underground Mining Equipment Product Offered Table 73. Sandvik Main Business Table 74. Sandvik Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 75. Sandvik Latest Developments Table 76. Atlas Copco Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 77. Atlas Copco Underground Mining Equipment Product Offered Table 78. Atlas Copco Main Business Table 79. Atlas Copco Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 80. Atlas Copco Latest Developments Table 81. Metso Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 82. Metso Underground Mining Equipment Product Offered Table 83. Metso Main Business Table 84. Metso Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 85. Metso Latest Developments Table 86. ThyssenKrupp Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 87. ThyssenKrupp Underground Mining Equipment Product Offered Table 88. ThyssenKrupp Main Business Table 89. ThyssenKrupp Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 90. ThyssenKrupp Latest Developments Table 91. Liebherr-International Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 92. Liebherr-International Underground Mining Equipment Product Offered Table 93. Liebherr-International Main Business Table 94. Liebherr-International Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 95. Liebherr-International Latest Developments Table 96. ZMJ Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 97. ZMJ Underground Mining Equipment Product Offered Table 98. ZMJ Main Business Table 99. ZMJ Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 100. ZMJ Latest Developments Table 101. FLSmidth Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 102. FLSmidth Underground Mining Equipment Product Offered Table 103. FLSmidth Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 104. FLSmidth Main Business Table 105. FLSmidth Latest Developments Table 106. Doosan Infracore Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 107. Doosan Infracore Underground Mining Equipment Product Offered Table 108. Doosan Infracore Main Business Table 109. Doosan Infracore Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 110. Doosan Infracore Latest Developments Table 111. China Coal Group Details, Company Type, Underground Mining Equipment Area Served and Its Competitors Table 112. China Coal Group Underground Mining Equipment Product Offered Table 113. China Coal Group Main Business Table 114. China Coal Group Underground Mining Equipment Revenue ($ million), Gross Margin and Market Share (2019-2024) Table 115. China Coal Group Latest Developments

Figure 1. Underground Mining Equipment Report Years Considered Figure 2. Research Objectives Figure 3. Research Methodology Figure 4. Research Process and Data Source Figure 5. Global Underground Mining Equipment Market Size Growth Rate 2019-2030 ($ Millions) Figure 6. Underground Mining Equipment Sales by Geographic Region (2019, 2023 & 2030) & ($ millions) Figure 7. Underground Mining Equipment Sales Market Share by Country/Region (2023) Figure 8. Underground Mining Equipment Sales Market Share by Country/Region (2019, 2023 & 2030) Figure 9. Global Underground Mining Equipment Market Size Market Share by Type in 2023 Figure 10. Underground Mining Equipment in Coal Mining Figure 11. Global Underground Mining Equipment Market: Coal Mining (2019-2024) & ($ Millions) Figure 12. Underground Mining Equipment in Metal Mining Figure 13. Global Underground Mining Equipment Market: Metal Mining (2019-2024) & ($ Millions) Figure 14. Underground Mining Equipment in Mineral Mining Figure 15. Global Underground Mining Equipment Market: Mineral Mining (2019-2024) & ($ Millions) Figure 16. Global Underground Mining Equipment Market Size Market Share by Application in 2023 Figure 17. Global Underground Mining Equipment Revenue Market Share by Player in 2023 Figure 18. Global Underground Mining Equipment Market Size Market Share by Regions (2019-2024) Figure 19. Americas Underground Mining Equipment Market Size 2019-2024 ($ Millions) Figure 20. APAC Underground Mining Equipment Market Size 2019-2024 ($ Millions) Figure 21. Europe Underground Mining Equipment Market Size 2019-2024 ($ Millions) Figure 22. Middle East & Africa Underground Mining Equipment Market Size 2019-2024 ($ Millions) Figure 23. Americas Underground Mining Equipment Value Market Share by Country in 2023 Figure 24. United States Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 25. Canada Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 26. Mexico Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 27. Brazil Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 28. APAC Underground Mining Equipment Market Size Market Share by Region in 2023 Figure 29. APAC Underground Mining Equipment Market Size Market Share by Type in 2023 Figure 30. APAC Underground Mining Equipment Market Size Market Share by Application in 2023 Figure 31. China Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 32. Japan Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 33. Korea Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 34. Southeast Asia Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 35. India Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 36. Australia Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 37. Europe Underground Mining Equipment Market Size Market Share by Country in 2023 Figure 38. Europe Underground Mining Equipment Market Size Market Share by Type (2019-2024) Figure 39. Europe Underground Mining Equipment Market Size Market Share by Application (2019-2024) Figure 40. Germany Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 41. France Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 42. UK Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 43. Italy Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 44. Russia Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 45. Middle East & Africa Underground Mining Equipment Market Size Market Share by Region (2019-2024) Figure 46. Middle East & Africa Underground Mining Equipment Market Size Market Share by Type (2019-2024) Figure 47. Middle East & Africa Underground Mining Equipment Market Size Market Share by Application (2019-2024) Figure 48. Egypt Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 49. South Africa Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 50. Israel Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 51. Turkey Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 52. GCC Country Underground Mining Equipment Market Size Growth 2019-2024 ($ Millions) Figure 53. Americas Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 54. APAC Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 55. Europe Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 56. Middle East & Africa Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 57. United States Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 58. Canada Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 59. Mexico Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 60. Brazil Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 61. China Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 62. Japan Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 63. Korea Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 64. Southeast Asia Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 65. India Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 66. Australia Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 67. Germany Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 68. France Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 69. UK Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 70. Italy Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 71. Russia Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 72. Spain Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 73. Egypt Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 74. South Africa Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 75. Israel Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 76. Turkey Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 77. GCC Countries Underground Mining Equipment Market Size 2025-2030 ($ Millions) Figure 78. Global Underground Mining Equipment Market Size Market Share Forecast by Type (2025-2030) Figure 79. Global Underground Mining Equipment Market Size Market Share Forecast by Application (2025-2030)
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Global Underground Mining Equipment Market Growth (Status and Outlook) 2024-2030

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