Search results for: 'mining equipment market'

Total demand for select construction and mining equipment market in India was found to be 105,811 units in FY2013. The market for new C&ME is likely to grow at a CAGR of 9.6% to 166,876 units in FY2018. Large allocations by government to public projects such as NHDP, Metro, and BRTS in India and strong emphasis on construction and real estate is li...

28 Sep 2020  |  Global  |  Market Research

Digitization and New Business Models Powering the Global Construction and Mining Equipment Market, 2030

Convenience and Reduced Operational Costs Offered by Digital Services to Improve Equipment Utilization and Present Further Growth Opportunities

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The global equipment industry is impacted by growing digitalization trends, trends in the used and rental equipment market, and urbanization. Construction contractors are leaning towards deploying both used and rental equipment as opposed to purchasing brand new ones due to lack of funding and government subsidies, and the liabilities associated wi...

14 Aug 2025  |  Global  |  Market Research

Mining Equipment Industry, Global, 2024-2030

Electrification, Automation, and Operational Intelligence are Driving Transformational Growth

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The mining equipment segment of the off-highway equipment industry has grown significantly in recent years, with a global market size of $62.23 billion in 2024. Frost & Sullivan projects a 2024-30 compound annual growth rate (CAGR) of 4.6%, reaching $81.58 billion in revenue by 2030. Factors driving industry growth include demand for critical miner...

08 Jul 2015  |  Africa  |  Market Research

Strategic Analysis of the Mining Chemicals and Explosives Markets in Sub-Saharan Africa

Central Africa Drives the Mining Chemicals Market

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The African mining industry is experiencing enormous growth, especially in Central and East Africa. This has created rapidly-growing demand for explosives and specialty chemicals that are used in the minerals mining industry. This research service provides an overview of the mining explosives and specialty chemicals markets in Sub-Saharan Africa an...

Space mining is the extraction and exploitation of resources from celestial bodies. Mining space’s resources has significant potential to revolutionize various industries and provide for a safe and sustainable space environment. It can also enable long-term space exploration missions and enable space colonization. Since space mining is still in its...

When it comes to the aspect of change, mining industry is very conservative. Mining operators are hesitant to adopt new solutions because of the fear of losing their jobs. Decisions related to the adoption of innovative technology are taken very cautiously and it is implemented only when it is necessary. So, at present health and safety of the mine...

21 Dec 2022  |  Europe  |  Market Research

European Off-highway Equipment Industry Growth Opportunities

Sustainability Targets and a Looming Energy Crisis Will Affect Electrification and Digitization

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Sustainability targets and the requirement to reduce operational costs, maintenance costs, and equipment downtime have increased the need for synergies across the off-highway value chain in Europe. The requirement for electric charging and hydrogen fuel infrastructure increases and the need to digitize processes becomes more urgent, thus pushing to...

In this analysis, Frost & Sullivan covers the off-highway equipment industry, focusing on agriculture, construction, and mining applications. The geographic scope is global, including the United States, Europe (the European Union and the United Kingdom), Asia (China and India), Australia, Latin America, and the Rest of the World. The study period i...

The automation of off-highway equipment has experienced rapid development in the past 3 years. Globally, the total amount of autonomous off-highway equipment in operation more than doubled to reach approximately 1,700 units in 2022, from approximately 800 in 2021. North America is one of the major off-highway automation hubs, with several pilots...