Search results for: 'mining equipment'

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...

26 Dec 2024  |  Global  |  Market Research

Construction and Mining Equipment Electrification Industry, Global, 2024-2035

Sustainability Targets are Driving Transformational Growth

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Electrification in the construction and mining industry has grown significantly in recent years, with the global market size of original equipment manufacturers reaching $241.2 billion in 2023. Unit sales in electric and hybrid models reached 59,909 units in 2023, and Frost & Sullivan projects a 16.5% compound annual growth rate (CAGR), reaching 37...

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...

The private market insight discusses the mining equipment repair and maintenance and rental market in Australia. Mining is a key component of Australias economy, and over the recent years, the mining industry has witnessed strong growth driven by a number of factors. The market is currently at a mature stage. The study also includes an analysis of...

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...

08 Apr 2016  |  Africa  |  Market Research

Construction and Mining Equipment Industry in Key African Countries, Forecast to 2022

Backhoe Loaders, Hydraulic Excavators, and Wheel Loaders Set to Win Big

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Africa has become an attractive destination for global construction and mining equipment manufacturers and holds tremendous growth potential. The unit shipment of construction and mining equipment has increased sixfold from 2003 to 2015. Rapid urbanisation and increased investment in infrastructure will accelerate demand for construction and mining...

Increasing use of blockchain technology will go together with growing advances in the construction and mining industry, especially through digitisation and automation. Key trends such as digital transformation, the rise in automation, modern equipment systems, and proliferation of financial technology (fintech) are influencing equipment models and ...

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...

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...