Mining Equipment Market Share

Statistics for the 2023 & 2024 Mining Equipment market share, created by Mordor Intelligence™ Industry Reports. Mining Equipment share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Mining Equipment Industry

The mining equipment market is characterized by the presence of numerous international and regional players, resulting in a highly competitive market environment. Major players in the mining industry are now providing on-site solutions like components and equipment repair and services, including part support and data analytics support. Many competitors in the mining equipment market adopted acquisition and business expansion as their key developmental strategies to develop their geographical foothold and promote their product technologies.

Some of the leading players in the market are Caterpillar, Liebherr-international, Atlas Copco Construction & Mining, Hitachi, Sandvik, Metso Corp., and Outotec. The leading players also have many subsidiaries that operate specifically for certain products and/or in different countries.

Mining Equipment Market Leaders

  1. Caterpillar Inc.

  2. Liebherr Group

  3. Atlas Copco

  4. Komatsu Ltd

  5. Hitachi Construction Machinery Co. Ltd

*Disclaimer: Major Players sorted in no particular order

Mining Equipment Market Concentration

Mining Equipment Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)