Global Underground Mining Machinery Market Insights, Forecast to 2028

Market Analysis and Insights: Global Underground Mining Machinery Market
Due to the COVID-19 pandemic, the global Underground Mining Machinery market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Low Profile Dump Trucks (LPDT) accounting for % of the Underground Mining Machinery global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Coal Mining segment is altered to an % CAGR throughout this forecast period.
China Underground Mining Machinery market size is valued at US$ million in 2021, while the US and Europe Underground Mining Machinery are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Underground Mining Machinery landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Underground Mining Machinery include Atlas Copco, BELAZ, Caterpillar, Epiroc AB, Hitachi Construction Machinery, Komatsu, Liebherr, Sandvik and Sany Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Underground Mining Machinery capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Underground Mining Machinery by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Underground Mining Machinery Scope and Segment
Underground Mining Machinery market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Underground Mining Machinery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Low Profile Dump Trucks (LPDT)
Load Haul and Dump (LHD) Loaders
Segment by Application
Coal Mining
Metal Mining
Mineral Mining
By Company
Atlas Copco
BELAZ
Caterpillar
Epiroc AB
Hitachi Construction Machinery
Komatsu
Liebherr
Sandvik
Sany Group
Volvo
XCMG Group
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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