Overview

IBISWorld’s Mining Equipment Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Industry Analysis & Industry Trends

The Mining Equipment Manufacturing industry in China mainly provides mine excavation equipment, underground transportation equipment and mineral washing and screening equipment to coal mines, nonferrous metal mines, ferrous metal mines, non-metallic mines and other mines.

As China's economy is heavily reliant on manufacturing and the energy sector, demand for natural resources drives the need for mining equipment. The industry has expanded rapidly in recent years due to very high domestic demand from China's Coal Mining (IBISWorld industry report 0610) and metal mining industries (0810, 0911, and 0916). Although China imports large volumes of coal, iron ore, bauxite and other resources, the government has authorized greater mining levels in recent years...

Industry Report - Industry SWOT Analysis Chapter

Although the Mining Equipment Manufacturing industry in China has been operating for over 60 years, it is currently in a growth phase of its life cycle. This industry developed slowly before the 1990s, with low to moderate growth to 2001. Industry revenue then increased strongly from 2002 to 2013. However, since 2014, sluggish overall economic development affected industry growth and it showed negative growth trend in recent three years. As a result, between 2012 and 2022, industry value added is expected to increase at an annualized rate of 2.5%, which is much slower than China's average GDP growth of about 6.5% per year during the same period.

Although there are many enterprises operating in this industry, no one company dominates the market. The..

Additional Insights for the Mining Equipment Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Mining Equipment Manufacturing Industry are

  • Development of new products
  • Economies of scale
  • Establishment of brand names
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - Mining and DOMESTIC ECONOMY in the Mining Equipment Manufacturing industry impact industry performance..

    shopping_cartVIEW PURCHASE OPTIONS

    Look under the hood?

    Download a FREE sample report

    Industry Products

    What is the Mining Equipment Manufacturing Industry?

    Enterprises within the Mining Equipment Manufacturing industry in China manufacture equipment used for mining metals, coal, petroleum, chemicals and building stone. These firms also manufacture specialized equipment used for screening, classification, separation, washing and rolling mine products, or similar processes in both underground and open-pit mines.

    Industry Products
    Excavation equipment
    Transportation equipment
    Washing and screening equipment
    Other equipment and parts
    Industry Activities
    Underground mining transportation equipment: conveyor belts, elevators, lifting equipment and winches
    Mining and excavation equipment: drilling machines, rock drills, grab loaders and coal cutters
    Washing and screening equipment
    Mining equipment part

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Downstream Demand - Mining
  • DOMESTIC ECONOMY
  • Downstream Demand - Manufacturing
  • Downstream Demand - Electric Power Generation
  • Manufacturing Exports - Machinery and Equipment

  • Current Performance
  • Revenue
  • International trade
  • Enterprises and wages
  • Output volumes
  • Chart: Revenue Growth

  • Industry Outlook
  • Exports and imports
  • Enterprises and wages
  • Table: Mining Equipment Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Mining Equipment Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Coal Mining
  • Iron Ore Mining
  • Copper Ore Mining
  • Aluminum Ore Mining

  • Key Selling Industries
  • Iron & Steel Casting

  • Products & Services
  • Transportation equipment
  • Excavation equipment
  • Washing and screening equipment
  • Other equipment and parts
  • Chart: Mining Equipment Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Economic growth
  • Technological advancements
  • Restructuring of the Coal Mining industry

  • Major Markets
  • Coal mining industry
  • Non-ferrous metal mining industry
  • Ferrous metal mining industry
  • Non-metal mining industry
  • Exports
  • Other mining industries
  • Chart: Major Market Segmentation for the Mining Equipment Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Chart: Cost Structure Benchmarking – Sector vs Mining Equipment Manufacturing

  • Basis of Competition
  • New products
  • Product quality
  • Service and distribution networks

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Mining Equipment Manufacturing Industry

  • Industry Globalization
    Major Companies
    China Coal Technology & Engineering Group Corp China National Coal Mining Equipment Co., Ltd.Northern Heavy Industries Group Co., Ltd.Zhengzhou Coal Mining Machinery Group Co., Ltd. Sany Heavy Equipment International Holdings Company Limited
  • Table: China Coal Technology & Engineering Group Corp - financial performance
  • Table: China National Coal Mining Equipment Co., Ltd. - financial performance
  • Table: Northern Heavy Industries Group Co., Ltd. - financial performance
  • Table: Zhengzhou Coal Mining Machinery Group Co., Ltd. - financial performance
  • Table: Sany Heavy Equipment International Holdings Company Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Mining Equipment Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Mining Equipment Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Output of Mining Equipment (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Screening Equipment
  • Equipment that is used to group the processed particles into ranges by size.
  • Tunneler
  • Equipment for making underground tunnels to access coal and other raw materials, and to provide transportation routes for workers, vehicles and equipment.
  • Washing Equipment
  • Equipment that washes coal from soil and rock, and prepares it for transport to market.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Mining Equipment Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Mining Equipment Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Mining Equipment Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.

    clear