갱내용 채굴 차량 시장 예측(-2030년) : 유형, 채굴 방법, 추진 유형, 자동화 레벨, 적재량, 용도, 지역별 세계 분석

According to Stratistics MRC, the Global Underground Mining Vehicles Market is accounted for $207.1 billion in 2024 and is expected to reach $305.6 billion by 2030 growing at a CAGR of 6.7% during the forecast period. Underground mining vehicles are specialized machines designed for operations in underground mining environments. These vehicles include haul trucks, loaders, drills, and other equipment adapted for navigating confined spaces and harsh conditions like low visibility and uneven terrain. Their primary use is to transport materials, remove debris, and facilitate mining operations safely and efficiently. These vehicles are integral to maximizing productivity while minimizing the risks associated with underground mining operations.

According to the U.S. Bureau of Labor Statistics, "As of May 2022, there were 5,160 loading and moving machine operators in underground mining employed in the United States, with a mean annual wage of $63,620."

Market Dynamics:

Driver:

Rising demand for minerals and metals

The increasing global demand for minerals and metals is a key driver for the underground mining vehicles market. As urbanization and industrialization continue to grow, particularly in developing countries, the need for raw materials like copper, gold, and rare earth elements is surging. This demand is fueling expansion and modernization of underground mining operations, which in turn drives the need for more efficient and technologically advanced mining vehicles. The push for clean energy technologies and electric vehicles is also boosting demand for specific metals, further stimulating the market for underground mining equipment.

Restraint:

Stringent regulations

Environmental concerns, worker safety requirements, and emissions standards are becoming increasingly strict worldwide. These regulations often necessitate costly upgrades or replacements of existing equipment, potentially slowing market growth. Additionally, compliance with varying regulations across different regions can be challenging for manufacturers, leading to increased production costs and potentially higher prices for end-users.

Opportunity:

Electrification of mining equipment

As mining companies seek to reduce their carbon footprint and operational costs, there is growing interest in electric and battery-powered vehicles. Electrification offers benefits such as lower emissions, reduced ventilation requirements in underground mines, and potentially lower maintenance costs. This trend is driving innovation among vehicle manufacturers and opening up new market segments. The shift towards electrification aligns with broader industry goals for sustainability and can help mining companies meet increasingly stringent environmental regulations.

Threat:

Fluctuations in commodity prices

When prices of minerals and metals fall, mining companies often reduce their capital expenditures, including investments in new equipment. This can lead to decreased demand for underground mining vehicles and potentially impact market growth. Conversely, sudden spikes in commodity prices can lead to rushed expansion plans, potentially causing supply chain disruptions and price volatility in the mining equipment market. These unpredictable price swings make it challenging for both mining companies and equipment manufacturers to plan long-term investments and strategies.

Covid-19 Impact:

The COVID-19 pandemic initially disrupted the underground mining vehicles market due to supply chain issues and temporary mine closures. However, as operations resumed, there was increased focus on automation and remote operation capabilities to enhance worker safety and operational resilience. This shift accelerated the adoption of advanced technologies in mining vehicles, potentially driving long-term market growth despite short-term challenges.

The diesel segment is expected to be the largest during the forecast period

The diesel segment is anticipated to dominate the underground mining vehicles market due to its established presence and reliability in harsh mining environments. Diesel-powered vehicles offer high performance, long operating ranges, and the ability to handle heavy loads, which are crucial in underground mining operations. Despite growing interest in alternative power sources, many mines still rely on diesel equipment due to its proven track record and the existing infrastructure supporting its use. Additionally, ongoing improvements in diesel engine efficiency and emissions control technologies help maintain its market position.

The metal mining segment is expected to have the highest CAGR during the forecast period

The metal mining segment is projected to experience the highest growth rate in the underground mining vehicles market. This is driven by increasing global demand for metals, particularly those essential for renewable energy technologies and electric vehicles. As surface deposits become depleted, more mining operations are moving underground, necessitating specialized vehicles. Additionally, the complexity and scale of underground metal mining operations often require a diverse range of vehicles, from loaders and haulers to drilling equipment, stimulating market growth.

Region with largest share:

Asia Pacific is poised to hold the largest share of the underground mining vehicles market due to its significant mining activities, particularly in countries like China, Australia, and India. The region's rapid industrialization and urbanization drive strong demand for minerals and metals, fueling mining operations. Additionally, many countries in the region are investing heavily in mining sector development and modernization. The presence of major mining equipment manufacturers and a growing focus on improving mining productivity and safety further contribute to Asia Pacific's market dominance.

Region with highest CAGR:

Asia Pacific is also expected to experience the fastest growth rate in the underground mining vehicles market. This rapid growth is driven by increasing investments in mining infrastructure, the growing adoption of advanced technologies in mining operations, and supportive government policies promoting the mining sector. Countries like India and Southeast Asian nations are expanding their mining activities, creating new opportunities for underground mining vehicle manufacturers. The region's push towards more efficient and sustainable mining practices is also accelerating the adoption of innovative mining vehicles, including electric and autonomous models.

Key players in the market

Some of the key players in Underground Mining Vehicles market include Caterpillar Inc., Komatsu Ltd., Sandvik AB, Atlas Copco, Epiroc AB, Volvo Group, Hitachi Construction Machinery Co., Ltd., Liebherr Group, Boart Longyear Ltd., Thyssenkrupp AG, Normet Group, MacLean Engineering, SANY Group, DUX Machinery Corporation, and Terex Corporation.

Key Developments:

In May 2024, Sandvik partnered with Byrnecut in 2024 to develop diesel-electric loaders and trucks for underground mining operations. This collaboration aims to enhance sustainability, efficiency, and productivity in underground mining. The partnership will focus on tailoring equipment to Byrnecut's specific requirements and optimizing their underground activities.

In January 2024, Caterpillar Inc. has successfully demonstrated its first battery electric prototype underground mining truck, growing its portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders, at the company's proving ground in Tasmania, Australia, comes on the heels of the 793 battery electric prototype surface mining truck, which was unveiled in November 2022.

In November 2023, Komatsu acquired American Battery Solutions, Inc. (ABS) to develop and produce its own battery-operated construction and mining equipment. This acquisition enables Komatsu to integrate ABS' battery technology with its own knowledge and network, allowing the company to produce its own battery-operated equipment.

Types Covered:

• Loaders
• Trucks
• Drill Rigs
• Bolters
• Utility Vehicles
• Other Types

Mining Methods Covered:

• Longwall Extraction
• Room and Pillar Extraction
• Blast Mining
• Other Mining Methods

Propulsion Types Covered:

• Diesel
• Electric
• Hybrid

Level of Automation Covered:

• Manual
• Semi-autonomous
• Autonomous

Payload Capacities Covered:

• Up to 10 Tons
• 11 - 30 Tons
• 31 - 50 Tons
• Above 50 Tons

Applications Covered:

• Coal Mining
• Metal Mining
• Mineral Mining

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Underground Mining Vehicles Market, By Type

• 5.1 Introduction
• 5.2 Loaders
• 5.3 Trucks
• 5.4 Drill Rigs
• 5.5 Bolters
• 5.6 Utility Vehicles
• 5.7 Other Types

6 Global Underground Mining Vehicles Market, By Mining Method

• 6.1 Introduction
• 6.2 Longwall Extraction
• 6.3 Room and Pillar Extraction
• 6.4 Blast Mining
• 6.5 Other Mining Methods

7 Global Underground Mining Vehicles Market, By Propulsion Type

• 7.1 Introduction
• 7.2 Diesel
• 7.3 Electric
• 7.4 Hybrid

8 Global Underground Mining Vehicles Market, By Level of Automation

• 8.1 Introduction
• 8.2 Manual
• 8.3 Semi-autonomous
• 8.4 Autonomous

9 Global Underground Mining Vehicles Market, By Payload Capacity

• 9.1 Introduction
• 9.2 Up to 10 Tons
• 9.3 11 - 30 Tons
• 9.4 31 - 50 Tons
• 9.5 Above 50 Tons

10 Global Underground Mining Vehicles Market, By Application

• 10.1 Introduction
• 10.2 Coal Mining
• 10.3 Metal Mining
• 10.4 Mineral Mining

11 Global Underground Mining Vehicles Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Caterpillar Inc.
• 13.2 Komatsu Ltd.
• 13.3 Sandvik AB
• 13.4 Atlas Copco
• 13.5 Epiroc AB
• 13.6 Volvo Group
• 13.7 Hitachi Construction Machinery Co., Ltd.
• 13.8 Liebherr Group
• 13.9 Boart Longyear Ltd.
• 13.10 Thyssenkrupp AG
• 13.11 Normet Group
• 13.12 MacLean Engineering
• 13.13 SANY Group
• 13.14 DUX Machinery Corporation
• 13.15 Terex Corporation