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Underground Mining Equipment Market Share
- Report ID: GMI8605
- Published Date: Mar 2024
- Report Format: PDF
Underground Mining Equipment Market Share
Key players involve in the underground mining equipment industry are Caterpillar, Normet, Epiroc B-H d.o.o., Komatsu Mining Corp and Hitachi Construction Machinery accounting market share of 25-30% in 2023. These manufacturers are constantly investing in research and development to come up with advance technologies that can improve the efficiency and safety of underground mining operations. Additionally, manufacturers are also collaborating with mining companies to understand their specific needs and develop customized solutions accordingly. This approach not only helps in building long-term partnerships but also ensures that the equipment meets the demands of the industry.
Underground Mining Equipment Market Companies
Major companies operating in the underground mining equipment industry include:
- ABB
- Boart Longyear
- Caterpillar
- DMC
- Epiroc B-H d.o.o
- Hitachi Construction Machinery
- J C Bamford Excavators Ltd.
- J.H. Fletcher & Co.
- Jacon Equipment
- Komatsu Mining Corp
- Liebherr
- MacLean Engineering & Marketing Co. Limited
- Normet
- Sandvik AB
- SMT Scharf GmbH
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Underground Mining Equipment Market Scope
