Global Mining Equipment Rental Market Size & Outlook
Global mining equipment rental market, 2018-2030 (US$M)
Related Markets
Global mining equipment rental market highlights
- The global mining equipment rental market generated a revenue of USD 106,786.2 million in 2024 and is expected to reach USD 144,490.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.2% by 2030.
- In terms of segment, surface mining equipment accounted for a revenue of USD 43,690.6 million in 2024.
- Underground Mining Equipment is the most lucrative equipment segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Australia is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 106,786.2 million |
| Market revenue in 2030 | USD 144,490.2 million |
| Growth rate | 5.2% (CAGR from 2025 to 2030) |
| Largest segment | Surface mining equipment |
| Fastest growing segment | Underground Mining Equipment |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Underground Mining Equipment, Surface Mining Equipment, Crushing, Pulverizing & Screening Equipment, Drills & Breakers |
Other key industry trends
- In terms of revenue, the North America accounted for 22.9% of the global mining equipment rental market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 10,403.3 million by 2030.
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Mining Equipment Rental Market Scope
Mining Equipment Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global mining equipment rental market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mining equipment rental market will help companies and investors design strategic landscapes.
Surface mining equipment was the largest segment with a revenue share of 40.91% in 2024. Horizon Databook has segmented the Global mining equipment rental market based on underground mining equipment, surface mining equipment, crushing, pulverizing & screening equipment, drills & breakers covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Mining Equipment Rental Equipment Outlook (Revenue, USD Million, 2018-2030)
- Underground Mining Equipment
- Surface Mining Equipment
- Crushing, Pulverizing & Screening Equipment
- Drills & Breakers
- Others
- Global Mining Equipment Rental Power Output Outlook (Revenue, USD Million, 2018-2030)
- <500 HP
- 500-2000 HP
- >2000 HP
- Global Mining Equipment Rental Rent Type Outlook (Revenue, USD Million, 2018-2030)
- Short-Term
- Long-Term
- Rent-to-Own
- Global Mining Equipment Rental Application Outlook (Revenue, USD Million, 2018-2030)
- Metal Mining
- Non-metal Mining
- Coal Mining
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Target buyers of Global mining equipment rental market databook
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Our clientele includes a mix of mining equipment rental market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global mining equipment rental market , including forecasts for subscribers. This global databook contains high-level insights into Global mining equipment rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global mining equipment rental market size, by regions, 2018-2030 (US$M)
Top 10 countries: Mining equipment rental market size, 2024 (US$M)
Global mining equipment rental market share, by equipment, 2024 & 2030 (%, US$M)
Mining equipment rental market: Opportunity assessment by country
Global mining equipment rental market, by region, 2024 (US$M)
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Related regional statistics
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