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Global Underground Mining Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 21/11/2022
  • NO OF PAGES
  • 233
  • CATEGORY
  • Heavy Industry
The Underground Mining market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Underground Mining market. On the basis of historic growth analysis and current scenario of Underground Mining market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Underground Mining market. These further helps users with their developmental strategy.

This report examines all the key factors influencing growth of global Underground Mining market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Underground Mining market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

Market Segmentations:

Global Underground Mining Market: Top Key Players
Boart Longyear
FLSmidth Group
Kennametal Inc.
Metso Corporation
Hitachi Construction Machinery Co., Ltd.
Komatsu Ltd.
Liebherr-International Deutschland GmbH
thyssenkrupp AG
AB Volvo
Sandvik AB

Global Underground Mining Market: By Types
Overhead Loaders
Draglines
Front End Loaders
Gathering-Arm Loaders
Conveyors
Others

Global Underground Mining Market: By Applications
Metal
Minerals
Coal
Others

Global Underground Mining Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Underground Mining market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Global Underground Mining Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

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Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1. Executive Summary
1.1. Underground Mining Market Snapshot
1.2. Current Market and Future Potential

2. Market Overview
2.1. Market Segmentation
2.2. Market Indicators
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Opportunities
2.4. Porter’s Five Forces Analysis
2.5. Regulatory Analysis
2.6. Value Chain Analysis
2.6.1. List of Potential Customers
2.6.2. List of Suppliers/Manufacturers

3. COVID-19 Impact Analysis
4. Global Underground Mining Market Analysis and Forecast, by Application, 2022-2030
4.1. Introduction and Definitions
4.2. Global Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
4.2.1. Coal Mining
4.2.2. Metal Mining
4.2.3. Mineral Mining
4.2.4. Others
4.3. Global Underground Mining Market Attractiveness, by Application

5. Global Underground Mining Market Analysis and Forecast, by Product, 2022-2030
5.1. Introduction and Definitions
5.2. Global Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
5.2.1. Supported
5.2.1.1. Cut-and-Fill Stoping
5.2.1.2. Stull Stoping
5.2.1.3. Square Set Stoping
5.2.2. Unsupported
5.2.2.1. Room-and-Pillar
5.2.2.2. Shrinkage Stoping
5.2.2.3. Sublevel Stoping
5.2.3. Caving
5.2.3.1. Longwall Mining
5.2.3.2. Sublevel Caving
5.2.3.3. Block Caving
5.3. Global Underground Mining Market Attractiveness, by Product

6. Global Underground Mining Market Analysis and Forecast, by Operator, 2022-2030
6.1. Introduction and Definitions
6.2. Global Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
6.2.1. Contract Mining
6.2.2. Owner Mining
6.3. Global Underground Mining Market Attractiveness, by Operator

7. Global Underground Mining Market Analysis and Forecast, by Region, 2022-2030
7.1. Key Findings
7.2. Global Underground Mining Market Value (US$ Mn) Forecast, by Region, 2022-2030
7.2.1. North America
7.2.2. Europe
7.2.3. Asia Pacific
7.2.4. Latin America
7.2.5. Middle East & Africa
7.3. Global Underground Mining Market Attractiveness, by Region

8. North America Underground Mining Market Analysis and Forecast, 2022-2030
8.1. Key Findings
8.2. North America Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
8.3. North America Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
8.4. North America Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
8.5. North America Underground Mining Market Value (US$ Mn) Forecast, by Country, 2022-2030
8.5.1. U.S. Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
8.5.2. U.S. Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
8.5.3. U.S. Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
8.5.4. Canada Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
8.5.5. Canada Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
8.5.6. Canada Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
8.6. North America Underground Mining Market Attractiveness Analysis

9. Europe Underground Mining Market Analysis and Forecast, 2022-2030
9.1. Key Findings
9.2. Europe Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
9.3. Europe Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
9.4. Europe Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
9.5. Europe Underground Mining Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
9.5.1. Germany Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
9.5.2. Germany Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
9.5.3. Germany Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
9.5.4. U.K. Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
9.5.5. U.K Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
9.5.6. U.K Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
9.5.7. France Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
9.5.8. France Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
9.5.9. France Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
9.5.10. Italy Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
9.5.11. Italy Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
9.5.12. Italy Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
9.5.13. Spain Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
9.5.14. Spain Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
9.5.15. Spain Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
9.5.16. Russia & CIS Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
9.5.17. Russia & CIS Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
9.5.18. Russia & CIS Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
9.5.19. Rest of Europe Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
9.5.20. Rest of Europe Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
9.5.21. Rest of Europe Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
9.6. Europe Underground Mining Market Attractiveness Analysis

10. Asia Pacific Underground Mining Market Analysis and Forecast, 2022-2030
10.1. Key Findings
10.2. Asia Pacific Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
10.3. Asia Pacific Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
10.4. Asia Pacific Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
10.5. Asia Pacific Underground Mining Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
10.5.1. China Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
10.5.2. China Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
10.5.3. China Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
10.5.4. Japan Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
10.5.5. Japan Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
10.5.6. Japan Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
10.5.7. India Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
10.5.8. India Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
10.5.9. India Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
10.5.10. ASEAN Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
10.5.11. ASEAN Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
10.5.12. ASEAN Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
10.5.13. Rest of Asia Pacific Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
10.5.14. Rest of Asia Pacific Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
10.5.15. Rest of Asia Pacific Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
10.6. Asia Pacific Underground Mining Market Attractiveness Analysis

11. Latin America Underground Mining Market Analysis and Forecast, 2022-2030
11.1. Key Findings
11.2. Latin America Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
11.3. Latin America Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
11.4. Latin America Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
11.5. Latin America Underground Mining Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
11.5.1. Brazil Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
11.5.2. Brazil Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
11.5.3. Brazil Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
11.5.4. Mexico Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
11.5.5. Mexico Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
11.5.6. Mexico Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
11.5.7. Rest of Latin America Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
11.5.8. Rest of Latin America Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
11.5.9. Rest of Latin America Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
11.6. Latin America Underground Mining Market Attractiveness Analysis

12. Middle East & Africa Underground Mining Market Analysis and Forecast, 2022-2030
12.1. Key Findings
12.2. Middle East & Africa Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
12.3. Middle East & Africa Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
12.4. Middle East & Africa Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
12.5. Middle East & Africa Underground Mining Market Value (US$ Mn) Forecast, by Country and Sub-region, 2020-2031
12.5.1. GCC Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
12.5.2. GCC Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
12.5.3. GCC Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
12.5.4. South Africa Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
12.5.5. South Africa Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
12.5.6. South Africa Underground Mining s Market Value (US$ Mn) Forecast, by Operator, 2022-2030
12.5.7. Ghana Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
12.5.8. Ghana Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
12.5.9. Ghana Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
12.5.10. Guinea Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
12.5.11. Guinea Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
12.5.12. Guinea Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
12.5.13. Tanzania Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
12.5.14. Tanzania Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
12.5.15. Tanzania Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
12.5.16. Rest of Middle East & Africa Underground Mining Market Value (US$ Mn) Forecast, by Application, 2022-2030
12.5.17. Rest of Middle East & Africa Underground Mining Market Value (US$ Mn) Forecast, by Product, 2022-2030
12.5.18. Rest of Middle East & Africa Underground Mining Market Value (US$ Mn) Forecast, by Operator, 2022-2030
12.6. Middle East & Africa Underground Mining Market Attractiveness Analysis

13. Competition Landscape
13.1. Global Underground Mining Company Market Share Analysis, 2020
13.2. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)
13.2.1. BHP
13.2.1.1. Company Description
13.2.1.2. Business Overview
13.2.1.3. Financial Overview
13.2.1.4. Strategic Overview
13.2.2. Anglo American Plc
13.2.2.1. Company Description
13.2.2.2. Business Overview
13.2.2.3. Financial Overview
13.2.2.4. Strategic Overview
13.2.3. Rio Tinto
13.2.3.1. Company Description
13.2.3.2. Business Overview
13.2.3.3. Financial Overview
13.2.3.4. Strategic Overview
13.2.4. Vale
13.2.4.1. Company Description
13.2.4.2. Business Overview
13.2.4.3. Financial Overview
13.2.4.4. Strategic Overview
13.2.5. Implats Platinum Limited
13.2.5.1. Company Description
13.2.5.2. Business Overview
13.2.5.3. Financial Overview
13.2.5.4. Strategic Overview
13.2.6. Tech Norilsk Nickel
13.2.6.1. Company Description
13.2.6.2. Business Overview
13.2.6.3. Financial Overview
13.2.6.4. Strategic Overview
13.2.7. Amur Minerals Corporation
13.2.7.1. Company Description
13.2.7.2. Business Overview
13.2.7.3. Financial Overview
13.2.7.4. Strategic Overview
13.2.8. Alcoa Corporation
13.2.8.1. Company Description
13.2.8.2. Business Overview
13.2.8.3. Financial Overview
13.2.8.4. Strategic Overview
13.2.9. The Redpath Group
13.2.9.1. Company Description
13.2.9.2. Business Overview
13.2.9.3. Financial Overview
13.2.9.4. Strategic Overview
13.2.10. GBF Underground Mining Company
13.2.10.1. Company Description
13.2.10.2. Business Overview
13.2.10.3. Financial Overview
13.2.10.4. Strategic Overview
13.2.11. OZ Minerals
13.2.11.1. Company Description
13.2.11.2. Business Overview
13.2.11.3. Financial Overview
13.2.11.4. Strategic Overview
13.2.12. Thyssen Mining
13.2.12.1. Company Description
13.2.12.2. Business Overview
13.2.12.3. Financial Overview
13.2.12.4. Strategic Overview
13.2.13. Barminco
13.2.13.1. Company Description
13.2.13.2. Business Overview
13.2.13.3. Financial Overview
13.2.13.4. Strategic Overview
13.2.14. Glencore
13.2.14.1. Company Description
13.2.14.2. Business Overview
13.2.14.3. Financial Overview
13.2.14.4. Strategic Overview

14. Primary Research: Key Insights
15. Appendix

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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