Home / Latest Reports / Underground Mining Equipment Market

Underground Mining Equipment Market By Mining Method (Longwall Extraction and Room and Pillar Extraction) and Application (Coal Mining, Metal Mining and Mineral Mining) - Global Industry Analysis & Forecast to 2027

Published On : September 2018 Pages : 180 Category: Energy & Mining Report Code : EM091271

Request Sample Inquiry Before Buying Request for Customization Check Discount

Industry Outlook and Trend Analysis

The Underground Mining Equipment Market is predicted to garner lucrative market share by 2027, while registering itself at a significant compound annual growth rate (CAGR) during the forecast period. Underground mining is the process to extricate minerals and ores that are covered far underneath the surface of the earth. Among different mining strategies, there are principally two sorts of underground mining methods, i.e., soft and hard mining. Hard underground mining process incorporates unearthing of hard minerals, for example, copper, nickel, lead, and iron, silver and gold. Nonetheless, the soft rock underground mining technique incorporates extraction of minerals, for example, coal, potash and oil shale. Furthermore, with the developing interest to expand generation, inventive strategies for mining are advanced which have considerably expanded the use of mining equipment and automation in the mining business.

Drivers and Restraints

Urbanization in the developed nations over the world and the augmentation of industrialization especially in rising economies has expanded the interest for metal and minerals. Enhancing monetary conditions across the globe are driving the miners to put resources into cutting edge underground mining equipment to take care of the market demand.  Nonetheless, greenhouse gas effects, high fuel consumption and labor safety guidelines and directions hinder the market development. The expanding demand for technologically propelled mining equipment, developing usage of coal for heating and generation of electricity and expanding development of railway tracks and roads through hilly and mountainous areas provide opportunities for the development of the market.

Market Segmentation

The Underground Mining Equipment Market is segmented on the basis of application into Coal Mining, Metal Mining and Mineral Mining out of which the coal mining segment is the biggest application segment for underground mining equipment and accounted 38% of revenue share in the global underground mining equipment by application in 2022.  On the basis of mining method the market is segmented into Longwall Extraction and Room and Pillar Extraction.

Regional Outlook and Trend Analysis

Asia Pacific is the biggest and quickest developing regional market for underground mining equipment. Expanding mining exercises in China, India and Australia are anticipated to drive the interest for underground mining exercises in Asia Pacific.  Additionally, expanding pressure from quick urbanization in rising nations over the world is likewise anticipated that would build the interest for metals and minerals which will fuel the interest for underground mining equipment. Europe and North America are anticipated to witness consistent development with supplanting of obsolete hardware with cutting edge arrangements.

Competitive Insights

The leading players in the market are Komatsu Limited, FLSmidth & Co. A/S, Caterpillar Inc, Hitachi Construction Machinery, Atlas Copco, Doosan Infracore, Sandvik Mining and Construction, Boart Longyear and Joy Global. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Underground Mining Equipment Market is segmented by regions as follows-

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

Some of the key questions answered by the report are:

  • What was the market size in 2017 and forecast from 2017 to 2027?
  • What will be the industry market growth from 2017 to 2027?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

·         Underground Mining Equipment Market, By Mining Method, Estimates and Forecast, 2017-2027 ($Million)

·         Longwall Extraction

·         Room and Pillar Extraction

·         Underground Mining Equipment Market, By Application, Estimates and Forecast, 2017-2027 ($Million)

·         Coal Mining

·         Metal Mining

·         Mineral Mining

·         Underground Mining Equipment Market, By Region, Estimates and Forecast, 2017-2027 ($Million)

·         North America

§  North America Underground Mining Equipment Market, By Country

o    U.S. Underground Mining Equipment Market

o    Canada Underground Mining Equipment Market

o    Mexico Underground Mining Equipment Market

·         Europe

§  Europe Underground Mining Equipment Market, By Country

o    Germany Underground Mining Equipment Market

o    UK Underground Mining Equipment Market

o    France Underground Mining Equipment Market

o    Russia Underground Mining Equipment Market

o    Italy Underground Mining Equipment Market

o    Rest of Europe Underground Mining Equipment Market

·         Asia-Pacific

§  Asia-Pacific Underground Mining Equipment Market, By Country

o    China Underground Mining Equipment Market

o    Japan Underground Mining Equipment Market

o    South Korea Underground Mining Equipment Market

o    India Underground Mining Equipment Market

o    Southeast Asia Underground Mining Equipment Market

o    Rest of Asia-Pacific Underground Mining Equipment Market

·         South America

§  South America Underground Mining Equipment Market

o    Brazil Underground Mining Equipment Market

o    Argentina Underground Mining Equipment Market

o    Columbia Underground Mining Equipment Market

o    Rest of South America Underground Mining Equipment Market

·         Middle East and Africa

§  Middle East and Africa Underground Mining Equipment Market

o    Saudi Arabia Underground Mining Equipment Market

o    UAE Underground Mining Equipment Market

o    Egypt Underground Mining Equipment Market

o    Nigeria Underground Mining Equipment Market

o    South Africa Underground Mining Equipment Market

o    Rest of MEA Underground Mining Equipment Market

Table of Contents

1.       Introduction

1.1.     Report Description

2.       Executive Summary

2.1.     Key Highlights

3.       Market Overview

3.1.     Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.     Market Dynamics

3.2.1.  Drivers

3.2.2.  Restraints

3.2.3.  Opportunities

4.       Market Analysis by Regions

4.1.     North America (United States, Canada and Mexico)

4.1.1.  United States Market States and Outlook (2017-2027)

4.1.2.  Canada Market States and Outlook (2017-2027)

4.1.3.  Mexico Market States and Outlook (2017-2027)

4.2.     Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market States and Outlook (2017-2027)

4.2.2.  France Market States and Outlook (2017-2027)

4.2.3.  UK Market States and Outlook (2017-2027)

4.2.4.  Russia Market States and Outlook (2017-2027)

4.2.5.  Italy Market States and Outlook (2017-2027)

4.2.6.  Rest of Europe Market States and Outlook (2017-2027)

4.3.     Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

4.3.1.  China Market States and Outlook (2017-2027)

4.3.2.  Japan Market States and Outlook (2017-2027)

4.3.3.  Korea Market States and Outlook (2017-2027)

4.3.4.  India Market States and Outlook (2017-2027)

4.3.5.  Southeast Asia Market States and Outlook (2017-2027)

4.3.6.  Rest of Asia-Pacific Market States and Outlook (2017-2027)

4.4.     South America (Brazil, Argentina, Columbia and Rest of South America)

4.4.1.  Brazil Market States and Outlook (2017-2027)

4.4.2.  Argentina Market States and Outlook (2017-2027)

4.4.3.  Columbia Market States and Outlook (2017-2027)

4.4.4.  Rest of South America Market States and Outlook (2017-2027)

4.5.     Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

4.5.1.  Saudi Arabia Market States and Outlook (2017-2027)

4.5.2.  United Arab Emirates Market States and Outlook (2017-2027)

4.5.3.  Egypt Market States and Outlook (2017-2027)

4.5.4.  Nigeria Market States and Outlook (2017-2027)

4.5.5.  South Africa Market States and Outlook (2017-2027)

4.5.6.  Turkey Market States and Outlook (2017-2027)

4.5.7.  Rest of Middle East and Africa Market States and Outlook (2017-2027)

5.       Underground Mining Equipment  Market, By Mining Method

5.1.     Introduction

5.2.     Global Underground Mining Equipment  Revenue and Market Share by Mining Method  (2017-2027)

5.2.1.  Global Underground Mining Equipment  Revenue and Revenue Share by Mining Method  (2017-2027)

5.3.     Longwall Extraction

5.3.1.  Global Longwall Extraction  Revenue and Growth Rate (2017-2027)

5.4.     Room and Pillar Extraction

5.4.1.  Global Room and Pillar Extraction Revenue and Growth Rate (2017-2027)

6.       Underground Mining Equipment  Market, By Application

6.1.     Introduction

6.2.     Global Underground Mining Equipment  Revenue and Market Share by Application  (2017-2027)

6.2.1.  Global Underground Mining Equipment  Revenue and Revenue Share by Application  (2017-2027)

6.3.     Coal Mining

6.3.1.  Global Coal Mining Revenue and Growth Rate (2017-2027)

6.4.     Metal Mining

6.4.1.  Global Metal Mining  Revenue and Growth Rate (2017-2027)

6.5.     Mineral Mining

6.5.1.  Global Mineral Mining Revenue and Growth Rate (2017-2027)

7.       Underground Mining Equipment  Market, By Region

7.1.     Introduction

7.2.     Global Underground Mining Equipment  Revenue and Market Share by Regions

7.2.1.  Global Underground Mining Equipment  Revenue by Regions (2017-2027)

7.3.     North America Underground Mining Equipment  by Countries

7.3.1.  North America Underground Mining Equipment  Revenue and Growth Rate (2017-2027)

7.3.2.  North America Underground Mining Equipment  Revenue (Million USD) by Countries (2017-2027)

7.3.3.  United States

7.3.3.1.  United States Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.3.4.  Canada

7.3.4.1.  Canada Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.3.5.  Mexico

7.3.5.1.  Mexico Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.     Europe Underground Mining Equipment  by Countries

7.4.1.  Europe Underground Mining Equipment  Revenue and Growth Rate (2017-2027)

7.4.2.  Europe Underground Mining Equipment  Revenue (Million USD) by Countries (2017-2027)

7.4.3.  Germany

7.4.3.1.  Germany Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.4.  France

7.4.4.1.  France Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.5.  UK

7.4.5.1.  UK Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.6.  Russia

7.4.6.1.  Russia Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.7.  Italy

7.4.7.1.  Italy Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.8.  Rest of Europe

7.4.8.1.  Rest of Europe Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.     Asia-Pacific Underground Mining Equipment  by Countries

7.5.1.  Asia-Pacific Underground Mining Equipment  Revenue and Growth Rate (2017-2027)

7.5.2.  Asia-Pacific Underground Mining Equipment  Revenue (Million USD) by Countries (2017-2027)

7.5.3.  China

7.5.3.1.  China Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.4.  Japan

7.5.4.1.  Japan Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.5.  Korea

7.5.5.1.  Korea Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.6.  India

7.5.6.1.  India Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.7.  Southeast Asia

7.5.7.1.  Southeast Asia Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.8.  Rest of Asia-Pacific

7.5.8.1.  Rest of Asia-Pacific Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.     South America Underground Mining Equipment  by Countries

7.6.1.  South America Underground Mining Equipment  Revenue and Growth Rate (2017-2027)

7.6.2.  South America Underground Mining Equipment  Revenue (Million USD) by Countries (2017-2027)

7.6.3.  Brazil

7.6.3.1.  Brazil Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.4.  Argentina

7.6.4.1.  Argentina Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.5.  Columbia

7.6.5.1.  Columbia Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.6.  Rest of South America

7.6.6.1.  Rest of South America Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.     Middle East and Africa Underground Mining Equipment  by Countries

7.7.1.  Middle East and Africa Underground Mining Equipment  Revenue and Growth Rate (2017-2027)

7.7.2.  Middle East and Africa Underground Mining Equipment  Revenue (Million USD) by Countries (2017-2027)

7.7.3.  Saudi Arabia

7.7.3.1.  Saudi Arabia Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.4.  United Arab Emirates

7.7.4.1.  United Arab Emirates Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.5.  Egypt

7.7.5.1.  Egypt Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.6.  Nigeria

7.7.6.1.  Nigeria Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.7.  South Africa

7.7.7.1.  South Africa Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.8.  Turkey

7.7.8.1.  Turkey Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.9.  Rest of Middle East and Africa

7.7.9.1.  Rest of Middle East and Africa Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

8.       Company Profiles

8.1.     Komatsu Limited

8.1.1.  Business Overview

8.1.2.   Service Portfolio

8.1.3.  Strategic Developments

8.1.4.   Revenue and Market Share

8.2.     FLSmidth & Co. A/S

8.2.1.  Business Overview

8.2.2.   Service Portfolio

8.2.3.  Strategic Developments

8.2.4.   Revenue and Market Share

8.3.     Caterpillar Inc

8.3.1.  Business Overview

8.3.2.   Service Portfolio

8.3.3.  Strategic Developments

8.3.4.   Revenue and Market Share

8.4.     Hitachi Construction Machinery

8.4.1.  Business Overview

8.4.2.   Service Portfolio

8.4.3.  Strategic Developments

8.4.4.   Revenue and Market Share

8.5.     Atlas Copco

8.5.1.  Business Overview

8.5.2.   Service Portfolio

8.5.3.  Strategic Developments

8.5.4.   Revenue and Market Share

8.6.     Doosan Infracore

8.6.1.  Business Overview

8.6.2.   Service Portfolio

8.6.3.  Strategic Developments

8.6.4.   Revenue and Market Share

8.7.     Sandvik Mining and Construction

8.7.1.  Business Overview

8.7.2.   Service Portfolio

8.7.3.  Strategic Developments

8.7.4.   Revenue and Market Share

8.8.     Boart Longyear

8.8.1.  Business Overview

8.8.2.   Service Portfolio

8.8.3.  Strategic Developments

8.8.4.   Revenue and Market Share

8.9.     Joy Global

8.9.1.  Business Overview

8.9.2.   Service Portfolio

8.9.3.  Strategic Developments

8.9.4.   Revenue and Market Share

9.       Global Underground Mining Equipment  Market Competition, by Manufacturer

9.1.     Global Underground Mining Equipment  Revenue and Market Share by Manufacturer (2017-2017)

9.2.     Global Underground Mining Equipment  Price By Region (2017-2017)

9.3.     Top 5 Underground Mining Equipment  Manufacturer Market Share

9.4.     Market Competition Trend

10.    Underground Mining Equipment  Market Forecast (2017-2027)

10.1. Global Underground Mining Equipment  Revenue (Millions USD) and Growth Rate (2017-2027)

10.2. Underground Mining Equipment  Market Forecast by Regions (2017-2027)

10.2.1.      North America Underground Mining Equipment  Market Forecast (2017-2027)

10.2.1.1. United States Underground Mining Equipment  Market Forecast (2017-2027)

10.2.1.2. Canada Underground Mining Equipment  Market Forecast (2017-2027)

10.2.1.3. Mexico Underground Mining Equipment  Market Forecast (2017-2027)

10.2.2.      Europe Underground Mining Equipment  Market Forecast (2017-2027)

10.2.2.1. Germany Underground Mining Equipment  Market Forecast (2017-2027)

10.2.2.2. France Underground Mining Equipment  Market Forecast (2017-2027)

10.2.2.3. UK Underground Mining Equipment  Market Forecast (2017-2027)

10.2.2.4. Russia Underground Mining Equipment  Market Forecast (2017-2027)

10.2.2.5. Italy Underground Mining Equipment  Market Forecast (2017-2027)

10.2.2.6. Rest of Europe Underground Mining Equipment  Market Forecast (2017-2027)

10.2.3.      Asia-Pacific Underground Mining Equipment  Market Forecast (2017-2027)

10.2.3.1. China Underground Mining Equipment  Market Forecast (2017-2027)

10.2.3.2. Japan Underground Mining Equipment  Market Forecast (2017-2027)

10.2.3.3. Korea Underground Mining Equipment  Market Forecast (2017-2027)

10.2.3.4. India Underground Mining Equipment  Market Forecast (2017-2027)

10.2.3.5. Southeast Asia Underground Mining Equipment  Market Forecast (2017-2027)

10.2.3.6. Rest of Asia-Pacific Underground Mining Equipment  Market Forecast (2017-2027)

10.2.4.      South America Underground Mining Equipment  Market Forecast (2017-2027)

10.2.4.1. Brazil Underground Mining Equipment  Market Forecast (2017-2027)

10.2.4.2. Argentina Underground Mining Equipment  Market Forecast (2017-2027)

10.2.4.3. Columbia Underground Mining Equipment  Market Forecast (2017-2027)

10.2.4.4. Rest of South America Underground Mining Equipment  Market Forecast (2017-2027)

10.2.5.      Middle East and Africa Underground Mining Equipment  Market Forecast (2017-2027)

10.2.5.1. Saudi Arabia Underground Mining Equipment  Market Forecast (2017-2027)

10.2.5.2. United Arab Emirates Underground Mining Equipment  Market Forecast (2017-2027)

10.2.5.3. Egypt Underground Mining Equipment  Market Forecast (2017-2027)

10.2.5.4. Nigeria Underground Mining Equipment  Market Forecast (2017-2027)

10.2.5.5. South Africa Underground Mining Equipment  Market Forecast (2017-2027)

10.2.5.6. Turkey Underground Mining Equipment  Market Forecast (2017-2027)

10.2.5.7. Rest of Middle East and Africa Underground Mining Equipment  Market Forecast (2017-2027)

10.3. Underground Mining Equipment  Market Forecast by Mining Method  (2017-2027)

10.3.1.      Underground Mining Equipment  Forecast by Mining Method  (2017-2027)

10.3.2.      Underground Mining Equipment  Market Share Forecast by Mining Method  (2017-2027)

10.4. Underground Mining Equipment  Market Forecast by Application  (2017-2027)

10.4.1.      Underground Mining Equipment  Forecast by Application  (2017-2027)

10.4.2.      Underground Mining Equipment  Market Share Forecast by Application  (2017-2027)

List of Tables

11. List of Tables and Figures
Figure United States Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Canada Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Mexico Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Germany Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure France Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure UK Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Russia Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Italy Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Rest of Europe Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure China Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Japan Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Korea Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure India Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Southeast Asia Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Rest of Asia-Pacific Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Brazil Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Argentina Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Columbia Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Rest of South America Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Saudi Arabia Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure United Arab Emirates Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Egypt Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Nigeria Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure South Africa Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Turkey Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Figure Rest of Middle East and Africa Underground Mining Equipment Revenue (Million USD) and Growth Rate (2017-2025)
Table Global Underground Mining Equipment Revenue and Revenue Share by Mining Method (2017-2018)
Figure Global Longwall Extraction Revenue and Growth Rate (2017-2018)
Figure Global Room and Pillar Extraction Revenue and Growth Rate (2017-2018)
Table Global Underground Mining Equipment Revenue and Revenue Share by Application (2017-2018)
Figure Global Coal Mining Revenue and Growth Rate (2017-2018)
Figure Global Metal Mining Revenue and Growth Rate (2017-2018)
Figure Global Mineral Mining Revenue and Growth Rate (2017-2018)
Table Global Underground Mining Equipment Revenue by Regions (2017-2018)
Figure North America Underground Mining Equipment Growth Rate (2017-2018)
Figure North America Underground Mining Equipment Revenue and Growth Rate (2017-2018)
Figure North America Underground Mining Equipment by Countries (2017-2018)
Figure North America Underground Mining Equipment Revenue (Million USD) by Countries (2017-2018)
Figure United States Underground Mining Equipment Growth Rate (2017-2018)
Figure United States Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Canada Underground Mining Equipment Growth Rate (2017-2018)
Figure Canada Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Mexico Underground Mining Equipment Growth Rate (2017-2018)
Figure Mexico Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Europe Underground Mining Equipment Growth Rate (2017-2018)
Figure Europe Underground Mining Equipment Revenue and Growth Rate (2017-2018)
Figure Europe Underground Mining Equipment by Countries (2017-2018)
Figure Europe Underground Mining Equipment Revenue (Million USD) by Countries (2017-2018)
Figure Germany Underground Mining Equipment Growth Rate (2017-2018)
Figure Germany Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure France Underground Mining Equipment Growth Rate (2017-2018)
Figure France Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure UK Underground Mining Equipment Growth Rate (2017-2018)
Figure UK Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Russia Underground Mining Equipment Growth Rate (2017-2018)
Figure Russia Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Italy Underground Mining Equipment Growth Rate (2017-2018)
Figure Italy Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Rest of Europe Underground Mining Equipment Growth Rate (2017-2018)
Figure Rest of Europe Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Asia-Pacific Underground Mining Equipment Growth Rate (2017-2018)
Figure Asia-Pacific Underground Mining Equipment Revenue and Growth Rate (2017-2018)
Figure Asia-Pacific Underground Mining Equipment by Countries (2017-2018)
Figure Asia-Pacific Underground Mining Equipment Revenue (Million USD) by Countries (2017-2018)
Figure China Underground Mining Equipment Growth Rate (2017-2018)
Figure China Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Japan Underground Mining Equipment Growth Rate (2017-2018)
Figure Japan Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Korea Underground Mining Equipment Growth Rate (2017-2018)
Figure Korea Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure India Underground Mining Equipment Growth Rate (2017-2018)
Figure India Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Southeast Asia Underground Mining Equipment Growth Rate (2017-2018)
Figure Southeast Asia Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Rest of Asia-Pacific Underground Mining Equipment Growth Rate (2017-2018)
Figure Rest of Asia-Pacific Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure South America Underground Mining Equipment Growth Rate (2017-2018)
Figure South America Underground Mining Equipment Revenue and Growth Rate (2017-2018)
Figure South America Underground Mining Equipment by Countries (2017-2018)
Figure South America Underground Mining Equipment Revenue (Million USD) by Countries (2017-2018)
Figure Brazil Underground Mining Equipment Growth Rate (2017-2018)
Figure Brazil Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Argentina Underground Mining Equipment Growth Rate (2017-2018)
Figure Argentina Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Columbia Underground Mining Equipment Growth Rate (2017-2018)
Figure Columbia Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Rest of South America Underground Mining Equipment Growth Rate (2017-2018)
Figure Rest of South America Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Middle East and Africa Underground Mining Equipment Growth Rate (2017-2018)
Figure Middle East and Africa Underground Mining Equipment Revenue and Growth Rate (2017-2018)
Figure Middle East and Africa Underground Mining Equipment by Countries (2017-2018)
Figure Middle East and Africa Underground Mining Equipment Revenue (Million USD) by Countries (2017-2018)
Figure Saudi Arabia Underground Mining Equipment Growth Rate (2017-2018)
Figure Saudi Arabia Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure United Arab Emirates Underground Mining Equipment Growth Rate (2017-2018)
Figure United Arab Emirates Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Egypt Underground Mining Equipment Growth Rate (2017-2018)
Figure Egypt Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Nigeria Underground Mining Equipment Growth Rate (2017-2018)
Figure Nigeria Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure South Africa Underground Mining Equipment Growth Rate (2017-2018)
Figure South Africa Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Turkey Underground Mining Equipment Growth Rate (2017-2018)
Figure Turkey Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Figure Rest of Middle East and Africa Underground Mining Equipment Growth Rate (2017-2018)
Figure Rest of Middle East and Africa Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2017-2018)
Table Komatsu Limited Underground Mining Equipment Price, Revenue, Gross Margin and Market Share (2017-2017)
Table FLSmidth & Co. A/S Underground Mining Equipment Price, Revenue, Gross Margin and Market Share (2017-2017)
Table Caterpillar Inc Underground Mining Equipment Price, Revenue, Gross Margin and Market Share (2017-2017)
Table Hitachi Construction Machinery Underground Mining Equipment Price, Revenue, Gross Margin and Market Share (2017-2017)
Table Atlas Copco Underground Mining Equipment Price, Revenue, Gross Margin and Market Share (2017-2017)
Table Doosan Infracore Underground Mining Equipment Price, Revenue, Gross Margin and Market Share (2017-2017)
Table Sandvik Mining and Construction Underground Mining Equipment Price, Revenue, Gross Margin and Market Share (2017-2017)
Table Boart Longyear Underground Mining Equipment Price, Revenue, Gross Margin and Market Share (2017-2017)
Table Joy Global Underground Mining Equipment Price, Revenue, Gross Margin and Market Share (2017-2017)
Figure Global Underground Mining Equipment Market Share by Manufacturer
Figure Global Underground Mining Equipment Revenue and Market Share by Manufacturer
Table Global Underground Mining Equipment Price by Region (2017-2017)
Figure Top 5 Underground Mining Equipment Manufacturer (Revenue) Market Share
Figure Market Competition Trend
Figure Global Underground Mining Equipment Revenue (Millions USD) and Growth Rate (2018-2025)
Table Underground Mining Equipment Market Forecast by Regions (2018-2025)
Figure North America Underground Mining Equipment Market Forecast (2018-2025)
Figure United States Underground Mining Equipment Market Forecast (2018-2025)
Figure Canada Underground Mining Equipment Market Forecast (2018-2025)
Figure Mexico Underground Mining Equipment Market Forecast (2018-2025)
Figure Europe Underground Mining Equipment Market Forecast (2018-2025)
Figure Germany Underground Mining Equipment Market Forecast (2018-2025)
Figure France Underground Mining Equipment Market Forecast (2018-2025)
Figure UK Underground Mining Equipment Market Forecast (2018-2025)
Figure Russia Underground Mining Equipment Market Forecast (2018-2025)
Figure Italy Underground Mining Equipment Market Forecast (2018-2025)
Figure Rest of Europe Underground Mining Equipment Market Forecast (2018-2025)
Figure Asia-Pacific Underground Mining Equipment Market Forecast (2018-2025)
Figure China Underground Mining Equipment Market Forecast (2018-2025)
Figure Japan Underground Mining Equipment Market Forecast (2018-2025)
Figure Korea Underground Mining Equipment Market Forecast (2018-2025)
Figure India Underground Mining Equipment Market Forecast (2018-2025)
Figure Southeast Asia Underground Mining Equipment Market Forecast (2018-2025)
Figure Rest of Asia-Pacific Underground Mining Equipment Market Forecast (2018-2025)
Figure South America Underground Mining Equipment Market Forecast (2018-2025)
Figure Brazil Underground Mining Equipment Market Forecast (2018-2025)
Figure Argentina Underground Mining Equipment Market Forecast (2018-2025)
Figure Columbia Underground Mining Equipment Market Forecast (2018-2025)
Figure Rest of South America Underground Mining Equipment Market Forecast (2018-2025)
Figure Middle East and Africa Underground Mining Equipment Market Forecast (2018-2025)
Figure Saudi Arabia Underground Mining Equipment Market Forecast (2018-2025)
Figure United Arab Emirates Underground Mining Equipment Market Forecast (2018-2025)
Figure Egypt Underground Mining Equipment Market Forecast (2018-2025)
Figure Nigeria Underground Mining Equipment Market Forecast (2018-2025)
Figure South Africa Underground Mining Equipment Market Forecast (2018-2025)
Figure Turkey Underground Mining Equipment Market Forecast (2018-2025)
Figure Rest of Middle East and Africa Underground Mining Equipment Market Forecast (2018-2025)
Figure Global Underground Mining Equipment Forecast by Mining Method (2018-2025)
Figure Global Underground Mining Equipment Market Share Forecast by Mining Method (2018-2025)
Figure Global Underground Mining Equipment Forecast by Mining Method (2018-2025)
Figure Global Underground Mining Equipment Forecast by Application (2018-2025)
Figure Global Underground Mining Equipment Market Share Forecast by Application (2018-2025)
Figure Global Underground Mining Equipment Forecast by Application (2018-2025)

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources
  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources
  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)
  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

License Type

For Any Assistance

*
*
*
*
*