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Underground Mining Vehicle Market By Type, By Application, By Propulsion Type: Global Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 270 Pages
  • December 2023
  • Region: Global
  • Allied Market Research
  • ID: 5927456
Description Jump to:
The global underground mining vehicle market was valued at $32,974.5 million in 2022, and is projected to reach $53,649.4 million by 2032, registering a CAGR of 4.9% from 2023 to 2032.

Underground mining vehicles can be defined as specialized equipment capable of performing activities such as tunneling, drilling, compacting, dewatering, and material handling below the surface of the earth. These vehicles are used for underground mining operations for the transportation of materials, excavations, drilling, and extraction of minerals. It has various applications such as coal mining, metal mining, mineral mining, and others.

The growing population, rising urbanization, and industrialization are boosting the underground mining vehicle industry is expected to continue to grow as the demand for various metals and minerals increases. A sufficient supply of minerals and raw materials is essential to the sustainability and growth of the global economy. Almost every industry depends on underground mining products, such as coal among others. Underground mining vehicles are used to excavate precious metals, which are found in hard rock deposits, for example, ore containing gold, silver, iron, copper, zinc, nickel, tin, and lead. They are also used to excavate ores of precious gems such as diamonds or rubies. Softer minerals such as salt, and coal, among others, are also mined by using underground mining vehicles. The rise in demand for mining products is due to the growing global demand caused by factors such as an increase in global population, the growth of urbanization, and rising disposable income levels worldwide, the underground mining vehicle market is expected to grow in the future. Coal, which is an important product of underground mining, is facing increased demand globally from the energy sector with rising population, industrialization, and urbanization. In addition, the growing demand for metal in global manufacturing, automotive, and construction industries among others, is also expected to drive the underground mining vehicle market.

The major players that operate in the global underground mining vehicle market have adopted key strategies such as product launch and acquisition to strengthen their market outreach and sustain the stiff competition in the market. For instance, in December 2022, Komatsu Ltd. acquired GHH Group GmbH, which is a leading manufacturer of underground mining, tunneling, and special civil engineering equipment.

The underground mining vehicle market is segmented on the basis of type, application, propulsion type, and region. By type, the market is categorized into hydraulic excavators, mining dozers, underground haulers, and others. On the basis of application, it is segmented into metal mining, mineral mining, and coal mining. And on the basis of propulsion type, the market is categorized into ICE and Electric. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Competition Analysis

Key companies profiled in the underground mining vehicle market report include AB Volvo, Caterpillar, Epiroc AB, Fucheng Underground Mining Equipment Manufacturer, Hermann Paus Maschinenfabrik GmbH, Johnson Industries, Komatsu Ltd., MacLean Engineering & Marketing Co., Normet, and Sany Group Co Ltd.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the underground mining vehicle market analysis from 2022 to 2032 to identify the prevailing underground mining vehicle market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the underground mining vehicle market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global underground mining vehicle market trends, key players, market segments, application areas, and market growth strategies.

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  • Manufacturing Capacity
  • Consumer Buying Behavior Analysis
  • End user preferences and pain points
  • Industry life cycle assessment, by region
  • Product Benchmarking/Product specification and applications
  • Product Life Cycles
  • Senario Analysis & Growth Trend Comparision
  • Supply Chain Analysis & Vendor Margins
  • Technology Trend Analysis
  • Distributor margin Analysis
  • Go To Market Strategy
  • Market share analysis of players by products/segments
  • New Product Development/Product Matrix of Key Players
  • Pain Point Analysis
  • Regulatory Guidelines
  • Strategic Recommedations
  • Additional company profiles with specific to client's interest
  • Additional country or region analysis- market size and forecast
  • Average Selling Price Analysis/Price Point Analysis
  • Brands Share Analysis
  • Criss-cross segment analysis- market size and forecast
  • Expanded list for Company Profiles
  • Historic market data
  • List of customers/consumers/raw material suppliers- value chain analysis
  • Market share analysis of players at global/region/country level
  • SWOT Analysis
  • Volume Market Size and Forecast

Key Market Segments

By Type

  • Hydraulic Excavators
  • Mining Dozers
  • Underground haulers
  • Others

By Application

  • Metal Mining
  • Mineral Mining
  • Coal Mining

By Propulsion Type

  • ICE
  • Electric

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa
Key Market Players
  • Normet
  • Hermann Paus Maschinenfabrik GmbH
  • Caterpillar
  • SANY Group
  • Komatsu
  • Epiroc AB
  • Johnson Industries
  • MacLean Engineering & Marketing Co.
  • AB Volvo
  • Fucheng Underground Mining Equipment Manufacturer

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Low bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. Low intensity of rivalry
3.3.5. Low bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Growth in popularity toward robust and compact equipment
3.4.1.2. Growth in demand for underground mining products
3.4.1.3. Rise in the construction and infrastructure industry
3.4.2. Restraints
3.4.2.1. High investment costs
3.4.3. Opportunities
3.4.3.1. Technological advancements
CHAPTER 4: UNDERGROUND MINING VEHICLE MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Hydraulic Excavators
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Mining Dozers
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Underground haulers
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Others
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
CHAPTER 5: UNDERGROUND MINING VEHICLE MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Metal Mining
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Mineral Mining
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Coal Mining
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
CHAPTER 6: UNDERGROUND MINING VEHICLE MARKET, BY PROPULSION TYPE
6.1. Overview
6.1.1. Market size and forecast
6.2. ICE
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Electric
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
CHAPTER 7: UNDERGROUND MINING VEHICLE MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by Type
7.2.3. Market size and forecast, by Application
7.2.4. Market size and forecast, by Propulsion Type
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Market size and forecast, by Type
7.2.5.1.2. Market size and forecast, by Application
7.2.5.1.3. Market size and forecast, by Propulsion Type
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast, by Type
7.2.5.2.2. Market size and forecast, by Application
7.2.5.2.3. Market size and forecast, by Propulsion Type
7.2.5.3. Mexico
7.2.5.3.1. Market size and forecast, by Type
7.2.5.3.2. Market size and forecast, by Application
7.2.5.3.3. Market size and forecast, by Propulsion Type
7.3. Europe
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by Type
7.3.3. Market size and forecast, by Application
7.3.4. Market size and forecast, by Propulsion Type
7.3.5. Market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Market size and forecast, by Type
7.3.5.1.2. Market size and forecast, by Application
7.3.5.1.3. Market size and forecast, by Propulsion Type
7.3.5.2. UK
7.3.5.2.1. Market size and forecast, by Type
7.3.5.2.2. Market size and forecast, by Application
7.3.5.2.3. Market size and forecast, by Propulsion Type
7.3.5.3. France
7.3.5.3.1. Market size and forecast, by Type
7.3.5.3.2. Market size and forecast, by Application
7.3.5.3.3. Market size and forecast, by Propulsion Type
7.3.5.4. Russia
7.3.5.4.1. Market size and forecast, by Type
7.3.5.4.2. Market size and forecast, by Application
7.3.5.4.3. Market size and forecast, by Propulsion Type
7.3.5.5. Rest of Europe
7.3.5.5.1. Market size and forecast, by Type
7.3.5.5.2. Market size and forecast, by Application
7.3.5.5.3. Market size and forecast, by Propulsion Type
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by Type
7.4.3. Market size and forecast, by Application
7.4.4. Market size and forecast, by Propulsion Type
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Market size and forecast, by Type
7.4.5.1.2. Market size and forecast, by Application
7.4.5.1.3. Market size and forecast, by Propulsion Type
7.4.5.2. Japan
7.4.5.2.1. Market size and forecast, by Type
7.4.5.2.2. Market size and forecast, by Application
7.4.5.2.3. Market size and forecast, by Propulsion Type
7.4.5.3. South Korea
7.4.5.3.1. Market size and forecast, by Type
7.4.5.3.2. Market size and forecast, by Application
7.4.5.3.3. Market size and forecast, by Propulsion Type
7.4.5.4. India
7.4.5.4.1. Market size and forecast, by Type
7.4.5.4.2. Market size and forecast, by Application
7.4.5.4.3. Market size and forecast, by Propulsion Type
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Market size and forecast, by Type
7.4.5.5.2. Market size and forecast, by Application
7.4.5.5.3. Market size and forecast, by Propulsion Type
7.5. LAMEA
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by Type
7.5.3. Market size and forecast, by Application
7.5.4. Market size and forecast, by Propulsion Type
7.5.5. Market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Market size and forecast, by Type
7.5.5.1.2. Market size and forecast, by Application
7.5.5.1.3. Market size and forecast, by Propulsion Type
7.5.5.2. Middle East
7.5.5.2.1. Market size and forecast, by Type
7.5.5.2.2. Market size and forecast, by Application
7.5.5.2.3. Market size and forecast, by Propulsion Type
7.5.5.3. Africa
7.5.5.3.1. Market size and forecast, by Type
7.5.5.3.2. Market size and forecast, by Application
7.5.5.3.3. Market size and forecast, by Propulsion Type
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
9.1. Caterpillar
9.1.1. Company overview
9.1.2. Key executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Business performance
9.1.7. Key strategic moves and developments
9.2. Komatsu
9.2.1. Company overview
9.2.2. Key executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.2.7. Key strategic moves and developments
9.3. Normet
9.3.1. Company overview
9.3.2. Key executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Business performance
9.3.7. Key strategic moves and developments
9.4. MacLean Engineering & Marketing Co.
9.4.1. Company overview
9.4.2. Key executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Key strategic moves and developments
9.5. Johnson Industries
9.5.1. Company overview
9.5.2. Key executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.6. AB Volvo
9.6.1. Company overview
9.6.2. Key executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.7. Fucheng Underground Mining Equipment Manufacturer
9.7.1. Company overview
9.7.2. Key executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.8. Hermann Paus Maschinenfabrik GmbH
9.8.1. Company overview
9.8.2. Key executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.9. SANY Group
9.9.1. Company overview
9.9.2. Key executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.9.7. Key strategic moves and developments
9.10. Epiroc AB
9.10.1. Company overview
9.10.2. Key executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance
9.10.7. Key strategic moves and developments
List of Tables
Table 01. Global Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 02. Underground Mining Vehicle Market for Hydraulic Excavators, by Region, 2022-2032 ($Million)
Table 03. Underground Mining Vehicle Market for Mining Dozers, by Region, 2022-2032 ($Million)
Table 04. Underground Mining Vehicle Market for Underground Haulers, by Region, 2022-2032 ($Million)
Table 05. Underground Mining Vehicle Market for Others, by Region, 2022-2032 ($Million)
Table 06. Global Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 07. Underground Mining Vehicle Market for Metal Mining, by Region, 2022-2032 ($Million)
Table 08. Underground Mining Vehicle Market for Mineral Mining, by Region, 2022-2032 ($Million)
Table 09. Underground Mining Vehicle Market for Coal Mining, by Region, 2022-2032 ($Million)
Table 10. Global Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 11. Underground Mining Vehicle Market for Ice, by Region, 2022-2032 ($Million)
Table 12. Underground Mining Vehicle Market for Electric, by Region, 2022-2032 ($Million)
Table 13. Underground Mining Vehicle Market, by Region, 2022-2032 ($Million)
Table 14. North America Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 15. North America Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 16. North America Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 17. North America Underground Mining Vehicle Market, by Country, 2022-2032 ($Million)
Table 18. U.S. Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 19. U.S. Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 20. U.S. Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 21. Canada Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 22. Canada Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 23. Canada Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 24. Mexico Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 25. Mexico Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 26. Mexico Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 27. Europe Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 28. Europe Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 29. Europe Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 30. Europe Underground Mining Vehicle Market, by Country, 2022-2032 ($Million)
Table 31. Germany Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 32. Germany Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 33. Germany Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 34. UK Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 35. UK Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 36. UK Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 37. France Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 38. France Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 39. France Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 40. Russia Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 41. Russia Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 42. Russia Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 43. Rest of Europe Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 44. Rest of Europe Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 45. Rest of Europe Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 46. Asia-Pacific Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 47. Asia-Pacific Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 48. Asia-Pacific Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 49. Asia-Pacific Underground Mining Vehicle Market, by Country, 2022-2032 ($Million)
Table 50. China Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 51. China Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 52. China Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 53. Japan Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 54. Japan Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 55. Japan Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 56. South Korea Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 57. South Korea Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 58. South Korea Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 59. India Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 60. India Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 61. India Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 62. Rest of Asia-Pacific Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 63. Rest of Asia-Pacific Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 64. Rest of Asia-Pacific Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 65. LAMEA Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 66. LAMEA Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 67. LAMEA Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 68. LAMEA Underground Mining Vehicle Market, by Country, 2022-2032 ($Million)
Table 69. Latin America Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 70. Latin America Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 71. Latin America Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 72. Middle East Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 73. Middle East Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 74. Middle East Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 75. Africa Underground Mining Vehicle Market, by Type, 2022-2032 ($Million)
Table 76. Africa Underground Mining Vehicle Market, by Application, 2022-2032 ($Million)
Table 77. Africa Underground Mining Vehicle Market, by Propulsion Type, 2022-2032 ($Million)
Table 78. Caterpillar: Key Executives
Table 79. Caterpillar: Company Snapshot
Table 80. Caterpillar: Product Segments
Table 81. Caterpillar: Product Portfolio
Table 82. Caterpillar: Key Strategies
Table 83. Komatsu: Key Executives
Table 84. Komatsu: Company Snapshot
Table 85. Komatsu: Product Segments
Table 86. Komatsu: Product Portfolio
Table 87. Komatsu: Key Strategies
Table 88. Normet: Key Executives
Table 89. Normet: Company Snapshot
Table 90. Normet: Product Segments
Table 91. Normet: Product Portfolio
Table 92. Normet: Key Strategies
Table 93. Maclean Engineering & Marketing Co.: Key Executives
Table 94. Maclean Engineering & Marketing Co.: Company Snapshot
Table 95. Maclean Engineering & Marketing Co.: Product Segments
Table 96. Maclean Engineering & Marketing Co.: Product Portfolio
Table 97. Maclean Engineering & Marketing Co.: Key Strategies
Table 98. Johnson Industries: Key Executives
Table 99. Johnson Industries: Company Snapshot
Table 100. Johnson Industries: Product Segments
Table 101. Johnson Industries: Product Portfolio
Table 102. Ab Volvo: Key Executives
Table 103. Ab Volvo: Company Snapshot
Table 104. Ab Volvo: Product Segments
Table 105. Ab Volvo: Service Segments
Table 106. Ab Volvo: Product Portfolio
Table 107. Fucheng Underground Mining Equipment Manufacturer: Key Executives
Table 108. Fucheng Underground Mining Equipment Manufacturer: Company Snapshot
Table 109. Fucheng Underground Mining Equipment Manufacturer: Product Segments
Table 110. Fucheng Underground Mining Equipment Manufacturer: Product Portfolio
Table 111. Hermann Paus Maschinenfabrik GmbH: Key Executives
Table 112. Hermann Paus Maschinenfabrik GmbH: Company Snapshot
Table 113. Hermann Paus Maschinenfabrik GmbH: Product Segments
Table 114. Hermann Paus Maschinenfabrik GmbH: Product Portfolio
Table 115. Sany Group: Key Executives
Table 116. Sany Group: Company Snapshot
Table 117. Sany Group: Product Segments
Table 118. Sany Group: Product Portfolio
Table 119. Sany Group: Key Strategies
Table 120. Epiroc Ab: Key Executives
Table 121. Epiroc Ab: Company Snapshot
Table 122. Epiroc Ab: Product Segments
Table 123. Epiroc Ab: Product Portfolio
Table 124. Epiroc Ab: Key Strategies
List of Figures
Figure 01. Underground Mining Vehicle Market, 2022-2032
Figure 02. Segmentation of Underground Mining Vehicle Market,2022-2032
Figure 03. Top Impacting Factors in Underground Mining Vehicle Market (2022 to 2032)
Figure 04. Top Investment Pockets in Underground Mining Vehicle Market (2023-2032)
Figure 05. Low Bargaining Power of Suppliers
Figure 06. Low Threat of New Entrants
Figure 07. Low Threat of Substitutes
Figure 08. Low Intensity of Rivalry
Figure 09. Low Bargaining Power of Buyers
Figure 10. Global Underground Mining Vehicle Market:Drivers, Restraints and Opportunities
Figure 11. Underground Mining Vehicle Market, by Type, 2022 and 2032(%)
Figure 12. Comparative Share Analysis of Underground Mining Vehicle Market for Hydraulic Excavators, by Country 2022 and 2032(%)
Figure 13. Comparative Share Analysis of Underground Mining Vehicle Market for Mining Dozers, by Country 2022 and 2032(%)
Figure 14. Comparative Share Analysis of Underground Mining Vehicle Market for Underground Haulers, by Country 2022 and 2032(%)
Figure 15. Comparative Share Analysis of Underground Mining Vehicle Market for Others, by Country 2022 and 2032(%)
Figure 16. Underground Mining Vehicle Market, by Application, 2022 and 2032(%)
Figure 17. Comparative Share Analysis of Underground Mining Vehicle Market for Metal Mining, by Country 2022 and 2032(%)
Figure 18. Comparative Share Analysis of Underground Mining Vehicle Market for Mineral Mining, by Country 2022 and 2032(%)
Figure 19. Comparative Share Analysis of Underground Mining Vehicle Market for Coal Mining, by Country 2022 and 2032(%)
Figure 20. Underground Mining Vehicle Market, by Propulsion Type, 2022 and 2032(%)
Figure 21. Comparative Share Analysis of Underground Mining Vehicle Market for Ice, by Country 2022 and 2032(%)
Figure 22. Comparative Share Analysis of Underground Mining Vehicle Market for Electric, by Country 2022 and 2032(%)
Figure 23. Underground Mining Vehicle Market by Region, 2022 and 2032(%)
Figure 24. U.S. Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 25. Canada Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 26. Mexico Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 27. Germany Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 28. UK Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 29. France Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 30. Russia Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 31. Rest of Europe Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 32. China Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 33. Japan Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 34. South Korea Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 35. India Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 36. Rest of Asia-Pacific Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 37. Latin America Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 38. Middle East Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 39. Africa Underground Mining Vehicle Market, 2022-2032 ($Million)
Figure 40. Top Winning Strategies, by Year (2021-2023)
Figure 41. Top Winning Strategies, by Development (2021-2023)
Figure 42. Top Winning Strategies, by Company (2021-2023)
Figure 43. Product Mapping of Top 10 Players
Figure 44. Competitive Dashboard
Figure 45. Competitive Heatmap: Underground Mining Vehicle Market
Figure 46. Top Player Positioning, 2022
Figure 47. Caterpillar: Net Sales, 2020-2022 ($Million)
Figure 48. Caterpillar: Research & Development Expenditure, 2020-2022 ($Million)
Figure 49. Caterpillar: Revenue Share by Segment, 2022 (%)
Figure 50. Caterpillar: Revenue Share by Region, 2022 (%)
Figure 51. Komatsu: Net Sales, 2020-2022 ($Million)
Figure 52. Komatsu: Research & Development Expenditure, 2020-2022 ($Million)
Figure 53. Komatsu: Revenue Share by Region, 2022 (%)
Figure 54. Komatsu: Revenue Share by Segment, 2022 (%)
Figure 55. Normet: Net Revenue, 2020-2022 ($Million)
Figure 56. Normet: Research & Development Expenditure, 2020-2022 ($Million)
Figure 57. Normet: Revenue Share by Segment, 2022 (%)
Figure 58. Normet: Revenue Share by Region, 2022 (%)
Figure 59. Ab Volvo: Net Sales, 2020-2022 ($Million)
Figure 60. Ab Volvo: Research & Development Expenditure, 2020-2022 ($Million)
Figure 61. Ab Volvo: Revenue Share by Segment, 2022 (%)
Figure 62. Ab Volvo: Revenue Share by Region, 2022 (%)
Figure 63. Sany Group: Net Revenue, 2020-2022 ($Million)
Figure 64. Epiroc Ab: Net Sales, 2020-2022 ($Million)
Figure 65. Epiroc Ab: Research & Development Expenditure, 2020-2022
Figure 66. Epiroc Ab: Revenue Share by Segment, 2021 (%)
Figure 67. Epiroc Ab: Revenue Share by Region, 2021 (%)

Companies Mentioned

  • Normet
  • Hermann Paus Maschinenfabrik GmbH
  • Caterpillar
  • SANY Group
  • Komatsu
  • Epiroc AB
  • Johnson Industries
  • MacLean Engineering & Marketing Co.
  • AB Volvo
  • Fucheng Underground Mining Equipment Manufacturer

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages270
PublishedDecember 2023
Forecast Period2022 - 2032
Estimated Market Value ( USD ) in 2022 $ 32974.5 million
Forecasted Market Value ( USD ) by 2032 $ 53649.4 million
Compound Annual Growth Rate5.0%
Regions CoveredGlobal
No. of Companies Mentioned10

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