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Global Electric Mining Equipment Market, 2022-2030

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The mining industry contributes 2 to 3 percent of global CO2 emissions and has a large role to play in emissions reduction. The industry is facing increasing pressure from regulators, investors, and customers to decarbonize operations. The sustainability of miners is increasingly a focus for the capital markets, with access to capital now more frequently dependent on sustainability. The cost of capital can be 20 to 25 percent higher for those miners with the lowest ESG scores. Simultaneously, customers are exerting increasing pressure.

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Report Summary

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    • The mining industry contributes 2 to 3 percent of global CO2 emissions and has a large role to play in emissions reduction. The industry is facing increasing pressure from regulators, investors, and customers to decarbonize operations. The sustainability of miners is increasingly a focus for the capital markets, with access to capital now more frequently dependent on sustainability. The cost of capital can be 20 to 25 percent higher for those miners with the lowest ESG scores. Simultaneously, customers are exerting increasing pressure.
    • Many of the largest miners in the world have been taking action by setting increasingly ambitious targets for their CO2 emissions. For example, since 2020, BHP and Vale have been targeting a 30 percent reduction in Scope 1 and 2 emissions by 2030; Rio Tinto is targeting 15 percent.
    • Electrification is one of the biggest technology shifts in mining, along with digitalization and automation. Improving economics and the benefits of license to operate are driving more companies to consider electrification, and some have already begun this journey. Most new mines are considering including battery based equipment in their mine plans.
    • Today 40 to 50 percent of CO2 emissions come from diesel used in mobile equipment. To go fully carbon neutral, a shift in drivetrains is required, with battery electric vehicles (BEVs) being the best possible long-term option.

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Table of Content

1. Report Scope
  1.1.	 Market Segmentation and scope
  1.2.	 Regional Scope
  1.3.	 Estimates and forecast timeline

2. Market Research Methodology
  2.1. Research methodology and design
  2.2. Sample selection
  2.3. Reliability and validity

3. Executive Summary
  
4. Market Analysis
  4.1. Market size and growth rates
  4.2. Market growth drivers, market dynamics and trends 
  4.3. Market scenarios and opportunity forecasts
  4.4. Market constraints and challenges
  4.5. National hydrogen strategy
  4.6. Industry value chain analysis
  4.7. Industry analysis – Porter’s
     4.7.1.Threat of new entrants
     4.7.2.Bargaining power of suppliers
     4.7.3.Bargaining power of buyers
     4.7.4.Threat of substitutes
     4.7.5.Competitive rivalry
  4.8. PEST analysis
     4.8.1.Political/legal landscape
     4.8.2.Economic landscape
     4.8.3.Social landscape
     4.8.4.Technological landscape

5. Market Breakdown – by Equipment Type
  5.1. Introduction
  5.2. Underground Mining Equipment
     5.2.1.Mining Truck
     5.2.2.LHD
     5.2.3.Shovels
  5.3. Surface Mining Equipment
     5.3.1.Crawler Excavators
     5.3.2.Crawler Dozer
     5.3.3.Motor Grader
     5.3.4.Dumpers
  5.4. Mining Drills
  5.5. Others
6. Market Breakdown – by Propulsion 
  6.1. Introduction
  6.2. Hybrid-Electric
  6.3. Battery-Electric
  
7. Market Breakdown – by Power Source
  7.1. Introduction
  7.2. Lithium-Ion Battery
  7.3. Lead-Acid Battery
  7.4. Others
  
8. Market Breakdown – by Application
  8.1. Introduction
  8.2. Mineral Mining
  8.3. Metal Mining
  8.4. Coal Mining

9. Market Breakdown – by Solution
  9.1. Introduction
  9.2. Products
  9.3. Services

10.  Market Breakdown – by Geography
  10.1. North America
      10.1.1.North America Electric Mining Equipment Market, 2022-2030
      10.1.2.North America Electric Mining Equipment Market, by Equipment Type
      10.1.3.North America Electric Mining Equipment Market, by Propulsion
      10.1.4.North America Electric Mining Equipment Market, by Power Source 
      10.1.5.North America Electric Mining Equipment Market, by Application  
      10.1.6.North America Electric Mining Equipment Market, by Solution
      10.1.7.North America Electric Mining Equipment Market, by Country
        10.1.7.1.U.S.
          10.1.7.1.1.U.S. Electric Mining Equipment Market, 2022-2030
          10.1.7.1.2.U.S. Electric Mining Equipment Market, by Equipment Type
          10.1.7.1.3.U.S. Electric Mining Equipment Market, by Propulsion
          10.1.7.1.4.U.S. Electric Mining Equipment Market, by Power Source 
          10.1.7.1.5.U.S. Electric Mining Equipment Market, by Application   
          10.1.7.1.6.U.S. Electric Mining Equipment Market, by Solution
          10.1.7.2.Canada
             10.1.7.2.1.Canada Electric Mining Equipment Market, 2022-2030
             10.1.7.2.2.Canada Electric Mining Equipment Market, by Equipment Type         
             10.1.7.2.3.Canada Electric Mining Equipment Market, by Propulsion
             10.1.7.2.4.Canada Electric Mining Equipment Market, by Power Source           
             10.1.7.2.5.Canada Electric Mining Equipment Market, by Application
             10.1.7.2.6.Canada Electric Mining Equipment Market, by Solution
             10.1.7.3.Mexico
                10.1.7.3.1.Mexico Electric Mining Equipment Market, 2022-2030
                10.1.7.3.2.Mexico Electric Mining Equipment Market, by Equipment Type       
                10.1.7.3.3.Mexico Electric Mining Equipment Market, by Propulsion             
                10.1.7.3.4.Mexico Electric Mining Equipment Market, by Power Source           
                10.1.7.3.5.Mexico Electric Mining Equipment Market, by Application           
                10.1.7.3.6.Mexico Electric Mining Equipment Market, by Solution   
  10.2. South America
       10.2.1.South America Electric Mining Equipment Market, 2022-2030
       10.2.2.South America Electric Mining Equipment Market, by Equipment Type
       10.2.3.South America Electric Mining Equipment Market, by Propulsion
       10.2.4.South America Electric Mining Equipment Market, by Power Source
       10.2.5.South America Electric Mining Equipment Market, by Application 
       10.2.6.South America Electric Mining Equipment Market, by Solution
       10.2.7.South America Electric Mining Equipment Market, by Country
         10.2.7.1.Brazil 
          10.2.7.1.1.Brazil Electric Mining Equipment Market, 2022-2030
          10.2.7.1.2.Brazil Electric Mining Equipment Market, by Equipment Type
          10.2.7.1.3.Brazil Electric Mining Equipment Market, by Propulsion
          10.2.7.1.4.Brazil Electric Mining Equipment Market, by Power Source 
          10.2.7.1.5.Brazil Electric Mining Equipment Market, by Application 
          10.2.7.1.6.Brazil Electric Mining Equipment Market, by Solution
        10.2.7.2.Chile 
          10.2.7.2.1.Chile Electric Mining Equipment Market, 2022-2030
          10.2.7.2.2.Chile Electric Mining Equipment Market, by Equipment Type 
          10.2.7.2.3.Chile Electric Mining Equipment Market, by Propulsion
          10.2.7.2.4.Chile Electric Mining Equipment Market, by Power Source 
          10.2.7.2.5.Chile Electric Mining Equipment Market, by Application  
          10.2.7.2.6.Chile Electric Mining Equipment Market, by Solution
        10.2.7.3.Peru 
          10.2.7.3.1.Peru Electric Mining Equipment Market, 2022-2030
          10.2.7.3.2.Peru Electric Mining Equipment Market, by Equipment Type
          10.2.7.3.3.Peru Electric Mining Equipment Market, by Propulsion
          10.2.7.3.4.Peru Electric Mining Equipment Market, by Power Source 
          10.2.7.3.5.Peru Electric Mining Equipment Market, by Application   
          10.2.7.3.6.Peru Electric Mining Equipment Market, by Solution
        10.2.7.4.Colombia 
          10.2.7.4.1.Colombia Electric Mining Equipment Market, 2022-2030
          10.2.7.4.2.Colombia Electric Mining Equipment Market, by Equipment Type      
          10.2.7.4.3.Colombia Electric Mining Equipment Market, by Propulsion
          10.2.7.4.4.Colombia Electric Mining Equipment Market, by Power Source
          10.2.7.4.5.Colombia Electric Mining Equipment Market, by Application
          10.2.7.4.6.Colombia Electric Mining Equipment Market, by Solution
        10.2.7.5.Venezuela
          10.2.7.5.1.Venezuela Electric Mining Equipment Market, 2022-2030
          10.2.7.5.2.Venezuela Electric Mining Equipment Market, by Equipment Type      
          10.2.7.5.3.Venezuela Electric Mining Equipment Market, by Propulsion
          10.2.7.5.4.Venezuela Electric Mining Equipment Market, by Power Source        
          10.2.7.5.5.Venezuela Electric Mining Equipment Market, by Application
          10.2.7.5.6.Venezuela Electric Mining Equipment Market, by Solution
  10.3.Europe
    10.3.1.Europe Electric Mining Equipment Market, 2022-2030
    10.3.2.Europe Electric Mining Equipment Market, by Equipment Type 
    10.3.3.Europe Electric Mining Equipment Market, by Propulsion
    10.3.4.Europe Electric Mining Equipment Market, by Power Source 
    10.3.5.Europe Electric Mining Equipment Market, by Application  
    10.3.6.Europe Electric Mining Equipment Market, by Solution
    10.3.7.Europe Electric Mining Equipment Market, by Country
      10.3.7.1.Poland
        10.3.7.1.1.Poland Electric Mining Equipment Market, 2022-2030
        10.3.7.1.2.Poland Electric Mining Equipment Market, by Equipment Type
        10.3.7.1.3.Poland Electric Mining Equipment Market, by Propulsion
        10.3.7.1.4.Poland Electric Mining Equipment Market, by Power Source 
        10.3.7.1.5.Poland Electric Mining Equipment Market, by Application   
        10.3.7.1.6.Poland Electric Mining Equipment Market, by Solution
    10.3.7.2.Romania 
        10.3.7.2.1.Romania Electric Mining Equipment Market, 2022-2030
        10.3.7.2.2.Romania Electric Mining Equipment Market, by Equipment Type
        10.3.7.2.3.Romania Electric Mining Equipment Market, by Propulsion
        10.3.7.2.4.Romania Electric Mining Equipment Market, by Power Source 
        10.3.7.2.5.Romania Electric Mining Equipment Market, by Application  
        10.3.7.2.6.Romania Electric Mining Equipment Market, by Solution
    10.3.7.3.Sweden
        10.3.7.3.1.Sweden Electric Mining Equipment Market, 2022-2030
        10.3.7.3.2.Sweden Electric Mining Equipment Market, by Equipment Type
        10.3.7.3.3.Sweden Electric Mining Equipment Market, by Propulsion
        10.3.7.3.4.Sweden Electric Mining Equipment Market, by Power Source 
        10.3.7.3.5.Sweden Electric Mining Equipment Market, by Application   
          10.3.7.3.5.1.Sweden Electric Mining Equipment Market, by Solution 
    10.3.7.4.Serbia
        10.3.7.4.1.Serbia Electric Mining Equipment Market, 2022-2030
        10.3.7.4.2.Serbia Electric Mining Equipment Market, by Equipment Type
        10.3.7.4.3.Serbia Electric Mining Equipment Market, by Propulsion
        10.3.7.4.4.Serbia Electric Mining Equipment Market, by Power Source 
        10.3.7.4.5.Serbia Electric Mining Equipment Market, by Application   
        10.3.7.4.6.Serbia Electric Mining Equipment Market, by Solution
        10.3.7.5.Finland 
          10.3.7.5.1.Finland Electric Mining Equipment Market, 2022-2030
          10.3.7.5.2.Finland Electric Mining Equipment Market, by Equipment Type         
          10.3.7.5.3.Finland Electric Mining Equipment Market, by Propulsion
          10.3.7.5.4.Finland Electric Mining Equipment Market, by Power Source
          10.3.7.5.5.Finland Electric Mining Equipment Market, by Application 
          10.3.7.5.6.Finland Electric Mining Equipment Market, by Solution
  10.4.Asia-Pacific
   10.4.1.APAC Electric Mining Equipment Market, 2022-2030
   10.4.2.APAC Electric Mining Equipment Market, by Equipment Type 
   10.4.3.APAC Electric Mining Equipment Market, by Propulsion
   10.4.4.APAC Electric Mining Equipment Market, by Power Source 
   10.4.5.APAC Electric Mining Equipment Market, by Application 
    10.4.6.APAC Electric Mining Equipment Market, by Solution
    10.4.7.APAC Electric Mining Equipment Market, by Country
      10.4.7.1.China 
       10.4.7.1.1.China Electric Mining Equipment Market, 2022-2030
       10.4.7.1.2.China Electric Mining Equipment Market, by Equipment Type
       10.4.7.1.3.China Electric Mining Equipment Market, by Propulsion
       10.4.7.1.4.China Electric Mining Equipment Market, by Power Source 
       10.4.7.1.5.China Electric Mining Equipment Market, by Application   
       10.4.7.1.6.China Electric Mining Equipment Market, by Solution
     10.4.7.2.India  
       10.4.7.2.1.India Electric Mining Equipment Market, 2022-2030
       10.4.7.2.2.India Electric Mining Equipment Market, by Equipment Type
       10.4.7.2.3.India Electric Mining Equipment Market, by Propulsion
       10.4.7.2.4.India Electric Mining Equipment Market, by Power Source 
       10.4.7.2.5.India Electric Mining Equipment Market, by Application   
       10.4.7.2.6.India Electric Mining Equipment Market, by Solution
    10.4.7.3.Australia  
       10.4.7.3.1.Australia Electric Mining Equipment Market, 2022-2030
       10.4.7.3.2.Australia Electric Mining Equipment Market, by Equipment Type
       10.4.7.3.3.Australia Electric Mining Equipment Market, by Propulsion
       10.4.7.3.4.Australia Electric Mining Equipment Market, by Power Source 
       10.4.7.3.5.Australia Electric Mining Equipment Market, by Application 
         10.4.7.3.5.1.Australia Electric Mining Equipment Market, by Solution 
         10.4.7.4.Indonesia 10.4.7.4.1.Indonesia Electric Mining Equipment Maret, 2022-2030
         10.4.7.4.2.Indonesia Electric Mining Equipment Market, by Equipment Type
         10.4.7.4.3.Indonesia Electric Mining Equipment Market, by Propulsion
         10.4.7.4.4.Indonesia Electric Mining Equipment Market, by Power Source
         10.4.7.4.5.Indonesia Electric Mining Equipment Market, by Application
         10.4.7.4.6.Indonesia Electric Mining Equipment Market, by Solution
   10.5.Middle East & Africa
     10.5.1.MEA Electric Mining Equipment Market, 2022-2030
     10.5.2.MEA Electric Mining Equipment Market, by Equipment Type 
     10.5.3.MEA Electric Mining Equipment Market, by Propulsion
     10.5.4.MEA Electric Mining Equipment Market, by Power Source 
     10.5.5.MEA Electric Mining Equipment Market, by Application  
     10.5.6.MEA Electric Mining Equipment Market, by Solution
     10.5.7.MEA Electric Mining Equipment Market, by Country
       10.5.7.1.South Africa 
        10.5.7.1.1.South Africa Electric Mining Equipment Market, 2022-2030
        10.5.7.1.2.South Africa Electric Mining Equipment Market, by Equipment Type   
        10.5.7.1.3.South Africa Electric Mining Equipment Market, by Propulsion
        10.5.7.1.4.South Africa Electric Mining Equipment Market, by Power Source     
        10.5.7.1.5.South Africa Electric Mining Equipment Market, by Application        
        10.5.7.1.6.South Africa Electric Mining Equipment Market, by Solution
         10.5.7.2.Congo  
           10.5.7.2.1.Congo Electric Mining Equipment Market, 2022-2030
           10.5.7.2.2.Congo Electric Mining Equipment Market, by Equipment Type
           10.5.7.2.3.Congo Electric Mining Equipment Market, by Propulsion
           10.5.7.2.4.Congo Electric Mining Equipment Market, by Power Source 
           10.5.7.2.5.Congo Electric Mining Equipment Market, by Application
           10.5.7.2.6.Congo Electric Mining Equipment Market, by Solution
       10.5.7.3.Zambia  
         10.5.7.3.1.Zambia Electric Mining Equipment Market, 2022-2030
         10.5.7.3.2.Zambia Electric Mining Equipment Market, by Equipment Type
         10.5.7.3.3.Zambia Electric Mining Equipment Market, by Propulsion
           10.5.7.3.4.Zambia Electric Mining Equipment Market, by Power Source
           10.5.7.3.5.Zambia Electric Mining Equipment Market, by Application
             10.5.7.3.5.1.Zambia Electric Mining Equipment Market, by Solution
       10.5.7.4.Iran 
        10.5.7.4.1.Iran Electric Mining Equipment Market, 2022-2030
        10.5.7.4.2.Iran Electric Mining Equipment Market, by Equipment Type 
        10.5.7.4.3.Iran Electric Mining Equipment Market, by Propulsion
        10.5.7.4.4.Iran Electric Mining Equipment Market, by Power Source 
        10.5.7.4.5.Iran Electric Mining Equipment Market, by Application   
           10.5.7.4.5.1.Iran Electric Mining Equipment Market, by Solution
   10.6.CIS
     10.6.1.CIS Electric Mining Equipment Market, 2022-2030
     10.6.2.CIS Electric Mining Equipment Market, by Equipment Type 
     10.6.3.CIS Electric Mining Equipment Market, by Propulsion
     10.6.4.CIS Electric Mining Equipment Market, by Power Source 
     10.6.5.CIS Electric Mining Equipment Market, by Application  
     10.6.6.CIS Electric Mining Equipment Market, by Solution
     10.6.7.CIS Electric Mining Equipment Market, by Country
       10.6.7.1.Kazakhstan 
         10.6.7.1.1.Kazakhstan Electric Mining Equipment Market, 2022-2030
         10.6.7.1.2.Kazakhstan Electric Mining Equipment Market, by Equipment Type      
         10.6.7.1.3.Kazakhstan Electric Mining Equipment Market, by Propulsion
         10.6.7.1.4.Kazakhstan Electric Mining Equipment Market, by Power Source        
         10.6.7.1.5.Kazakhstan Electric Mining Equipment Market, by Application
         10.6.7.1.6.Kazakhstan Electric Mining Equipment Market, by Solution
         10.6.7.2.Russia  
            10.6.7.2.1.Russia Electric Mining Equipment Market, 2022-2030
            10.6.7.2.2.Russia Electric Mining Equipment Market, by Equipment Type         
            10.6.7.2.3.Russia Electric Mining Equipment Market, by Propulsion
            10.6.7.2.4.Russia Electric Mining Equipment Market, by Power Source
            10.6.7.2.5.Russia Electric Mining Equipment Market, by Application
            10.6.7.2.6.Russia Electric Mining Equipment Market, by Solution     

11. Competitive Landscape
  11.1. Company Market Positioning
  11.2. Company Geographical Presence Analysis
  11.3. Market Revenue Share Analysis (%), by Leading Players
   
11. Company Profiles
  . Company overview
  . Financial performance
  . Product benchmarking
  . Strategic initiatives
  . Recent Developments
 12.1.Sandvik AB (including Artisan Vehicle Systems)
 12.2.Caterpillar Inc.
 12.3.Epiroc AB
 12.4.Komatsu (including Joy Global, Le Tourneau)
 12.5.Liebherr12.6.Volvo Construction Equipment
 12.7.CNH Industrial NV12.8.SANY Heavy Equipment
 12.9.JCB
 12.10.Hitachi Construction machinery Co., Ltd.
 12.11.Hyundai Heavy Industries Holdings Co. (including Hyundai Doosan Infracore and Hyundai Construction Equipment Co., Ltd.)
 12.12.Deere & Company
 12.13.Maclean Engineering

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