The global underground mining equipment market is segmented into numerous segments, which include segmentation by mining, application, and by region. By mining, the market is segmented into longwall extraction, and room & pillar extraction. By the end of 2033, the room & pillar extraction segment are anticipated to garner the largest revenue of around USD 14,455.1 Million, up from a revenue of close to USD 9,571 Million in the year 2022.
Based on region, the global underground mining equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific, amongst the market in all the other regions, is anticipated to garner the largest revenue of USD 17.24 billion by the end of 2033. Moreover, in the year 2022, the market in the region generated a revenue of over USD 11.45 billion.
Some of the prominent industry leaders in the global underground mining equipment market that are included in our report are Komatsu Ltd, Mine Master, Boart Longyear, MacLean Engineering & Marketing Co., J.H. Fletcher & Co., Inc., Sandvik AB, Caterpillar Inc., EPIROC AB, Hager Equipment Company, Normet Group, and others.
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Companies Mentioned
- Komatsu Ltd
- Mine Master
- Boart Longyear
- MacLean Engineering & Marketing Co.
- J.H. Fletcher & Co. Inc.
- Sandvik AB
- Caterpillar Inc.
- EPIROC AB
- Hager Equipment Company
- Normet Group