The global market for underground mining equipment is expected to grow from $ 21,074.6 million in 2021 to $ 29,283.0 million in 2026. The market is expected to grow at a CAGR of 6.8% over the forecast period (2021-2026). Some of the market's key participants are Atlas Copco, Caterpillar, China Coal Group, Doosan Infracore, FLSmidth, Hitachi Construction Machinery, Komatsu (Joy Global), Liebherr-International, Metso, Sandvik, ThyssenKrupp, Volvo, ZMJ. This report intends to identify significant growth areas and to explore relevant market strategies. This in-depth analysis delves into the global market for underground mining equipment. The primary goal of this research is to examine the potential growth areas, significant trends, and the market's impact on the industry. The report also reviews the adoption of underground mining equipment in both established and emerging markets.

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Underground Mining
Equipment Market
Global Industry Analysis & Forecast US$
Million, 2019 – 2027

2. Global Underground Mining Equipment Market , 2019 - 2026
21,074.6
29,283.0
2021 2026
USD Million
The Underground Mining
Equipment Market is expected
to grow at a CAGR of 6.8%
from 2021 to 2026.
For Complete Report
Contact Us:
sales@dhirtekbusinessresearch.com

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Global Underground Mining Equipment Market
3
Scope of the Report
 Global Underground Mining Equipment Market, By Type
 Longwall
 Room and Pillar
 Global Underground Mining Equipment Market, By Application
 Coal Mining
 Metal Mining
 Mineral Mining
 Global Underground Mining Equipment Market, By Region
 North America Underground Mining Equipment Market
 Europe Underground Mining Equipment Market
 Asia Pacific Underground Mining Equipment Market
 Middle East & Africa Underground Mining Equipment Market
 Latin America Underground Mining Equipment Market
 Company
 Atlas Copco
 Caterpillar
 China Coal Group
 Doosan Infracore
 FLSmidth
 Hitachi Construction Machinery
 Komatsu (Joy Global)
 Liebherr-International
 Metso
 Sandvik
 ThyssenKrupp
 Volvo
 ZMJ

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Global Underground Mining Equipment Market
4
Regions Covered
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
S. Korea
Indonesia
Australia & New
Zealand
ASEAN Countries
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

5. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Underground Mining Equipment Market
Global Underground Mining Equipment Market Introduction
5
The global market for underground mining equipment is expected to grow from $ 21,074.6 million in 2021 to $
29,283.0 million in 2026. The market is expected to grow at a CAGR of 6.8% over the forecast period (2021-2026).
Some of the market's key participants are Atlas Copco, Caterpillar, China Coal Group, Doosan Infracore, FLSmidth,
Hitachi Construction Machinery, Komatsu (Joy Global), Liebherr-International, Metso, Sandvik, ThyssenKrupp, Volvo,
ZMJ. This report intends to identify significant growth areas and to explore relevant market strategies. This in-depth
analysis delves into the global market for underground mining equipment. The primary goal of this research is to
examine the potential growth areas, significant trends, and the market's impact on the industry. The report also
reviews the adoption of underground mining equipment in both established and emerging markets.
Study Goals and Objectives
The goals and objectives of this study are:
To provide a comprehensive analysis of the underground mining equipment industry and its sub-segments in the
global market, as well as an in-depth look at the industry's structure.
To provide an in-depth analysis of the variables driving and restraining the global market for underground mining
equipment.
Estimate the global market size for underground mining equipment with 2020 as the base year and a forecast
period of 2021 to 2027.
To analyze the global market for underground mining equipment in major areas and countries.
To provide a strategic profile of significant global firms, as well as a detailed study of their competitiveness and
competitive environment in this industry.

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Global Underground Mining Equipment Market
Global Underground Mining Equipment Market Introduction
6
To provide a distribution chain analysis/value chain for the underground mining equipment market.
This study offers a thorough examination of global markets, as well as detailed profiles of key market participants, a
revenue product portfolio, and current activities. This research looks into trends and dynamics like drivers, restraints,
challenges, and opportunities. This study discusses the strategies used by developing industry participants, as well as
advice for new market entrants. This research study examines market sizes in the past, present, and future.
Market Segmentation
The market segmented in this report into type and application.
Based on type, the global underground mining equipment market is segmenting into longwall, room and pillar.
Based on application, the underground mining equipment market is segmenting into coal mining, metal mining,
mineral mining.
Geographic Breakdown
In this report, the following geographic regions were considered for market research:
North America
The U.S.
Canada
Europe
Germany
The U.K.
France

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Global Underground Mining Equipment Market
Global Underground Mining Equipment Market Introduction
7
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Rest of the World
Middle East & Africa
Latin America
Information Sources
Key data were derived from various sources, including government agencies in Canada, China, India, Japan, the
European Union, and the United States. International organizations also contributed raw data for final estimates.
Estimated market trends were derived from annual reports, investor presentations, SEC filings, product portfolios, and
news announcements. Data was gathered from the market's major end-users. Statistical studies were used to confirm
global and regional market sales data for current and anticipated values.
Key Questions Addressed in This Report

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Global Underground Mining Equipment Market
Global Underground Mining Equipment Market Introduction
8
What is the size of the underground mining equipment market?
What are some of the most recent trends that will shape the future of the underground mining equipment market?
Who are the key players in the underground mining equipment market? What are their main strategies for increasing
their market presence?
Which region has the highest potential for growth in the underground mining equipment market?
Which regions have the largest share of the underground mining equipment market?
Who are the major underground mining equipment applications likely to fuel industry growth over the next five years?

9. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Underground Mining Equipment Market
Global Underground Mining Equipment Market Introduction
Global Underground Mining Equipment Market Size, US$ Million
(2020 – 2027)
XX XX
XX
XX
XX
XX
XX XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027
Global Underground Mining Equipment Market Opportunity
Analysis Size, US$ Million (2020 – 2027)
9
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX% XX%
XX% XX%
XX%
XX% XX%
XX XX
XX
XX
XX
XX
XX
XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027
Total Opportunity

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Global Underground Mining Equipment Market
Global Underground Mining Equipment Market Introduction
Global Underground Mining Equipment Market Share Bandwidth,
by Type (2020 & 2027)
Global Underground Mining Equipment Market Share Analysis, by
Application (2020 & 2027)
10
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX% XX%
XX%
Longwall Room and Pillar
2020
2027
2020
2027
XX%
XX%
XX%
XX%
XX%
XX%
Coal Mining Metal Mining Mineral Mining

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Global Underground Mining Equipment Market
Global Underground Mining Equipment Market, by Type
Global Underground Mining Equipment Market Analysis and Forecast, by Type, US$ Million (2020 – 2027)
Type 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
Longwall XX XX XX XX XX XX XX XX XX XX
Room and Pillar XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
11
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

12. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Underground Mining Equipment Market
Global Underground Mining Equipment Market, by Application
Global Underground Mining Equipment Market Analysis and Forecast, by Application, US$ Million (2020 – 2027)
Application 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
Coal Mining XX XX XX XX XX XX XX XX XX XX
Metal Mining XX XX XX XX XX XX XX XX XX XX
Mineral Mining XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
12
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

13. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Underground Mining Equipment Market
Global Underground Mining Equipment Market, by Region
13
XX
XX XX
XX XX
XX
XX
XX
XX XX
North America Europe Asia Pacific Middle East & Africa Latin America
US$ Million
2020 2027
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX% XX%
North America
Europe
Asia Pacific
Middle East & Africa
Latin Maerica
2020
2027
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

14. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Underground Mining Equipment Market
Global Underground Mining Equipment Market, by Region
Global Underground Mining Equipment Market Analysis and Forecast, by Region, US$ Million (2020 – 2027)
Region 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
North America XX XX XX XX XX XX XX XX XX XX
Europe XX XX XX XX XX XX XX XX XX XX
Asia Pacific XX XX XX XX XX XX XX XX XX XX
Middle East & Africa XX XX XX XX XX XX XX XX XX XX
Latin America XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
14
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

15. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Underground Mining Equipment Market , Company Share Analysis, 2020 (%)
15
Global Underground Mining Equipment Market
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Atlas Copco
Caterpillar
China Coal Group
Doosan Infracore
FLSmidth
Hitachi Construction Machinery
Komatsu (Joy Global)
Liebherr-International
Metso
Sandvik
Others

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Global Underground Mining Equipment Market
16
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