Metal Mining - Mining Equipment Market Statistics
The global metal mining mining equipment market size was valued at US$ 47,051.0 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2033.
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Metal mining - Mining equipment market highlights
- The global metal mining segment generated a revenue of USD 42,136.8 million in 2022 and is expected to reach USD 67,479.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.1% by 2030.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Market summary
| Market revenue in 2022 | USD 42,136.8 million |
| Market revenue in 2030 | USD 67,479.0 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
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Mining Equipment Market Scope
Mining equipment market segmentation & scope
Underground Mining Equipment
Surface Mining Equipment
Crushing, Pulverizing & Screening Equipment
Drills & Breakers
Others
Mining Equipment Market Outlook
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