Global Mining Equipment Market Trends

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Global Mining Equipment Market Size, Share, and Trends Analysis Report Trends

  • Automotive
  • Apr 2025
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

“Electrification and Sustainability in Mining Operations”

  • A major trend reshaping the mining equipment market is the shift towards electrification and eco-friendly machinery to reduce emissions and operational costs
  • Manufacturers are increasingly focusing on developing electric mining trucks, drills, and loaders that run on lithium-ion batteries or hydrogen fuel cells
  • This trend is driven by stricter environmental regulations, carbon neutrality goals, and demand from mining companies to meet ESG (Environmental, Social, Governance) standards
    • For instance, in July 2023, Komatsu Ltd. unveiled the PC210LCE-11 electric excavator, aimed at enhancing zero-emission construction and mining solutions
  • As sustainability becomes a core operational strategy, this transition is expected to significantly increase the adoption of electric and hybrid mining equipment worldwide