Reports
Sale
Global Mining Remanufacturing Components Market Size, Trends: By Component: Engine, Hydraulic Cylinder, Axle, Differential, Transmission, Torque Converter, Final Drive, By Industry: Coal, Metal, Others; By Equipment: Hydraulic Excavator, Mine/Haul Truck, Wheel Loader, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Mining Remanufacturing Components Market Outlook
The global mining remanufacturing components market attained a value of USD 4.53 billion in 2023. The industry is further expected to grow in the forecast period of 2024-2032 at a CAGR of 3.5% to reach USD 6.16 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Asia Pacific is the fastest-growing region for the industry. An increase in energy demand in countries, including China, India, and Australia has led to an increase in coal requirements. The increasing demand for coal is directly proportional to the use of mining equipment, which is aiding the market growth.
Market Segmentation
Based on the components, the industry can be divided into:
- Engine
- Hydraulic Cylinder
- Axle
- Differential
- Transmission
- Torque Converter
- Final Drive
The industry can be divided into coal and metal, among others.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The industry can be broadly categorised based on equipment into:
- Hydraulic Excavator
- Mine/Haul Truck
- Wheel Loader
- Wheel Dozer
- Crawler Dozer
The EMR report looks into the regional markets of mining remanufacturing components like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The growth of mining activities, especially in developing countries and the increased demand for resource exploration, have a positive impact on the remanufacturing components market. Factors like lower costs of remanufacturing mining components compared with new parts are driving the growth of the industry. Wheel loader is expected to witness the highest demand in the forecast period owing to its flexibility.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Competitive Landscape
The report presents a detailed analysis of the following key players in the global mining remanufacturing components market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Caterpillar Inc. (NYSE: CAT)
- Liebherr Group
- Hitachi Construction Machinery
- Komatsu Limited
- VOLVO Construction Equipment
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Component |
|
| Breakup by Industry |
|
| Breakup by Equipment |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Mining Remanufacturing Components Market Analysis
8.1 Key Industry Highlights
8.2 Global Mining Remanufacturing Components Historical Market (2018-2023)
8.3 Global Mining Remanufacturing Components Market Forecast (2024-2032)
8.4 Global Mining Remanufacturing Components Market by Component
8.4.1 Engine
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Hydraulic Cylinder
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Axle
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Differential
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Transmission
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Torque Converter
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Final Drive
8.4.7.1 Historical Trend (2018-2023)
8.4.7.2 Forecast Trend (2024-2032)
8.5 Global Mining Remanufacturing Components Market by Industry
8.5.1 Coal
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Metal
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Others
8.6 Global Mining Remanufacturing Components Market by Equipment
8.6.1 Hydraulic Excavator
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Mine/Haul Truck
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Wheel Loader
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Wheel Dozer
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Crawler Dozer
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.7 Global Mining Remanufacturing Components Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Mining Remanufacturing Components Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Mining Remanufacturing Components Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Mining Remanufacturing Components Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Mining Remanufacturing Components Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Mining Remanufacturing Components Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Caterpillar Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Liebherr-International Deutschland GmbH
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Hitachi Construction Machinery Co. Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Komatsu Ltd
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 VOLVO Construction Equipment (Volvo CE)
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Mining Remanufacturing Components Market: Key Industry Highlights, 2018 and 2032
2. Global Mining Remanufacturing Components Historical Market: Breakup by Component (USD Million), 2018-2023
3. Global Mining Remanufacturing Components Market Forecast: Breakup by Component (USD Million), 2024-2032
4. Global Mining Remanufacturing Components Historical Market: Breakup by Industry (USD Million), 2018-2023
5. Global Mining Remanufacturing Components Market Forecast: Breakup by Industry (USD Million), 2024-2032
6. Global Mining Remanufacturing Components Historical Market: Breakup by Equipment (USD Million), 2018-2023
7. Global Mining Remanufacturing Components Market Forecast: Breakup by Equipment (USD Million), 2024-2032
8. Global Mining Remanufacturing Components Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Mining Remanufacturing Components Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Mining Remanufacturing Components Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Mining Remanufacturing Components Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Mining Remanufacturing Components Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Mining Remanufacturing Components Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Mining Remanufacturing Components Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Mining Remanufacturing Components Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Mining Remanufacturing Components Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Mining Remanufacturing Components Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Mining Remanufacturing Components Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Mining Remanufacturing Components Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Mining Remanufacturing Components Market Structure
Key Questions Answered in the Report
The global mining remanufacturing components market reached a value of USD 4.53 billion in 2023.
The market is projected to grow at a CAGR of nearly 3.5% in the forecast period of 2024-2032.
The market is estimated to reach a value of about USD 6.16 billion by 2032.
The major drivers of the market include the rising disposable incomes, increasing population, rising demand for coal, and the rising demand for resource exploration.
The lower cost of remanufacturing mining components is expected to be a key trend guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The leading components in the market are engine, hydraulic cylinder, axle, differential, transmission, torque converter, and final drive.
The major industries for mining remanufacturing components in the market are coal and metal, among others.
The significant equipment segments in the market are hydraulic excavator, mine/haul truck, wheel loader, wheel dozer, and crawler dozer.
The leading players in the market are Caterpillar Inc., Liebherr-International Deutschland GmbH, Hitachi Construction Machinery Co. Ltd., Komatsu Ltd, and VOLVO Construction Equipment (Volvo CE), among others.
Analyst Review
The global mining remanufacturing components market attained a value of USD 4.53 billion in 2023, driven by the growth in the demand for coal. Aided by the growth of mining activities, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3.5%. The industry is projected to reach USD 6.16 billion by 2032.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on component, the global market for mining remanufacturing components can be segmented into engine, hydraulic cylinder, axle, differential, transmission, torque converter, and final drive. By industry, the industry can be divided into coal and metal, among others. On the basis of equipment, the industry is segmented into hydraulic excavator, mine/haul truck, wheel loader, wheel dozer, and crawler dozer. The major regional markets for mining remanufacturing components are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Caterpillar Inc., Liebherr-International Deutschland GmbH, Hitachi Construction Machinery Co. Ltd., Komatsu Ltd, and VOLVO Construction Equipment (Volvo CE), among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER