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The global Surface Mining Equipment market was valued at 681.58 Million USD in 2020 and will grow with a CAGR of 3.43% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Surface mining, including strip mining, open-pit mining and mountaintop removal mining, is a broad category of mining in which soil and rock overlying the mineral deposit (the overburden) are removed, in contrast to underground mining, in which the overlying rock is left in place, and the mineral is removed through shafts or tunnels.Technology innovation offers precision and helps in time saving by enabling the work process faster and easier. Proliferating use of this equipment facilitates in selective mining by producing high quality material as well as producing stable surfaces & embankments. In addition, it offers low noise, low dust and less damaging vibrations process hence enables effective mining in residential areas. It assures maximum exploitation of a mines and aids in reducing processing cost involved in crushing by producing small grains, thus eliminating the need of buying the additional crushing equipment. It also facilitates in reducing the need of wheel loaders and excavators owing to is capability of dumping the material into dumper trucks through a conveyor belt. Since, single machine performs multiple tasks it reduces the need of extra machines and man power. Usage of this equipment helps in avoiding blasting work and enables great precision while cutting steep and stable surfaces. It offers effective planning & coordination of the process, along with better operation and maintenance.
By Market Verdors:
Atlas Copco
Caterpillar
Komatsu
Sandvik
Hitachi Construction Machinery
By Types:
Single Bucket
Continuous Bucket
By Applications:
Strip Mining
Open-Pit Mining
Mountaintop Removal
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Surface Mining Equipment Revenue
1.4 Market Analysis by Type
1.4.1 Global Surface Mining Equipment Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Single Bucket
1.4.3 Continuous Bucket
1.5 Market by Application
1.5.1 Global Surface Mining Equipment Market Share by Application: 2022-2027
1.5.2 Strip Mining
1.5.3 Open-Pit Mining
1.5.4 Mountaintop Removal
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Surface Mining Equipment Market
1.8.1 Global Surface Mining Equipment Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Surface Mining Equipment Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Surface Mining Equipment Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Surface Mining Equipment Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Surface Mining Equipment Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Surface Mining Equipment Sales Volume Market Share by Region (2016-2021)
3.2 Global Surface Mining Equipment Sales Revenue Market Share by Region (2016-2021)
3.3 North America Surface Mining Equipment Sales Volume
3.3.1 North America Surface Mining Equipment Sales Volume Growth Rate (2016-2021)
3.3.2 North America Surface Mining Equipment Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Surface Mining Equipment Sales Volume
3.4.1 East Asia Surface Mining Equipment Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Surface Mining Equipment Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Surface Mining Equipment Sales Volume (2016-2021)
3.5.1 Europe Surface Mining Equipment Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Surface Mining Equipment Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Surface Mining Equipment Sales Volume (2016-2021)
3.6.1 South Asia Surface Mining Equipment Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Surface Mining Equipment Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Surface Mining Equipment Sales Volume (2016-2021)
3.7.1 Southeast Asia Surface Mining Equipment Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Surface Mining Equipment Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Surface Mining Equipment Sales Volume (2016-2021)
3.8.1 Middle East Surface Mining Equipment Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Surface Mining Equipment Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Surface Mining Equipment Sales Volume (2016-2021)
3.9.1 Africa Surface Mining Equipment Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Surface Mining Equipment Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Surface Mining Equipment Sales Volume (2016-2021)
3.10.1 Oceania Surface Mining Equipment Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Surface Mining Equipment Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Surface Mining Equipment Sales Volume (2016-2021)
3.11.1 South America Surface Mining Equipment Sales Volume Growth Rate (2016-2021)
3.11.2 South America Surface Mining Equipment Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Surface Mining Equipment Sales Volume (2016-2021)
3.12.1 Rest of the World Surface Mining Equipment Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Surface Mining Equipment Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Surface Mining Equipment Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Surface Mining Equipment Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Surface Mining Equipment Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Surface Mining Equipment Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Surface Mining Equipment Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Surface Mining Equipment Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Surface Mining Equipment Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Surface Mining Equipment Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Surface Mining Equipment Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Surface Mining Equipment Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Surface Mining Equipment Sales Volume Market Share by Type (2016-2021)
14.2 Global Surface Mining Equipment Sales Revenue Market Share by Type (2016-2021)
14.3 Global Surface Mining Equipment Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Surface Mining Equipment Consumption Volume by Application (2016-2021)
15.2 Global Surface Mining Equipment Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Surface Mining Equipment Business
16.1 Atlas Copco
16.1.1 Atlas Copco Company Profile
16.1.2 Atlas Copco Surface Mining Equipment Product Specification
16.1.3 Atlas Copco Surface Mining Equipment Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 Caterpillar
16.2.1 Caterpillar Company Profile
16.2.2 Caterpillar Surface Mining Equipment Product Specification
16.2.3 Caterpillar Surface Mining Equipment Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 Komatsu
16.3.1 Komatsu Company Profile
16.3.2 Komatsu Surface Mining Equipment Product Specification
16.3.3 Komatsu Surface Mining Equipment Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 Sandvik
16.4.1 Sandvik Company Profile
16.4.2 Sandvik Surface Mining Equipment Product Specification
16.4.3 Sandvik Surface Mining Equipment Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 Hitachi Construction Machinery
16.5.1 Hitachi Construction Machinery Company Profile
16.5.2 Hitachi Construction Machinery Surface Mining Equipment Product Specification
16.5.3 Hitachi Construction Machinery Surface Mining Equipment Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Surface Mining Equipment Manufacturing Cost Analysis
17.1 Surface Mining Equipment Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Surface Mining Equipment
17.4 Surface Mining Equipment Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Surface Mining Equipment Distributors List
18.3 Surface Mining Equipment Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Surface Mining Equipment (2022-2027)
20.2 Global Forecasted Revenue of Surface Mining Equipment (2022-2027)
20.3 Global Forecasted Price of Surface Mining Equipment (2016-2027)
20.4 Global Forecasted Production of Surface Mining Equipment by Region (2022-2027)
20.4.1 North America Surface Mining Equipment Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Surface Mining Equipment Production, Revenue Forecast (2022-2027)
20.4.3 Europe Surface Mining Equipment Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Surface Mining Equipment Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Surface Mining Equipment Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Surface Mining Equipment Production, Revenue Forecast (2022-2027)
20.4.7 Africa Surface Mining Equipment Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Surface Mining Equipment Production, Revenue Forecast (2022-2027)
20.4.9 South America Surface Mining Equipment Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Surface Mining Equipment Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Surface Mining Equipment by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Surface Mining Equipment by Country
21.2 East Asia Market Forecasted Consumption of Surface Mining Equipment by Country
21.3 Europe Market Forecasted Consumption of Surface Mining Equipment by Countriy
21.4 South Asia Forecasted Consumption of Surface Mining Equipment by Country
21.5 Southeast Asia Forecasted Consumption of Surface Mining Equipment by Country
21.6 Middle East Forecasted Consumption of Surface Mining Equipment by Country
21.7 Africa Forecasted Consumption of Surface Mining Equipment by Country
21.8 Oceania Forecasted Consumption of Surface Mining Equipment by Country
21.9 South America Forecasted Consumption of Surface Mining Equipment by Country
21.10 Rest of the world Forecasted Consumption of Surface Mining Equipment by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Research Methodology:
Surface Mining Equipment Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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Frequently asked questions(FAQ's):
Strip Mining
Open-Pit Mining
Mountaintop Removal
Key Indicators Analysed
Market Players & Competitor Analysis The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis