Market revenue in 2022 | USD 811.1 million |
Market revenue in 2030 | USD 1,068.2 million |
Growth rate | 3.5% (CAGR from 2022 to 2030) |
Largest segment | Surface mining equipment |
Fastest growing segment | Underground Mining Equipment |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Underground Mining Equipment, Surface Mining Equipment, Crushing, Pulverizing & Screening Equipment, Drills & Breakers |
Key market players worldwide | Epiroc AB DR, Caterpillar Inc, China Coal Energy Co Ltd Class H, Komatsu Ltd, Liebherr Group, Metso Corp |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mining equipment market will help companies and investors design strategic landscapes.
Surface mining equipment was the largest segment with a revenue share of 34.63% in 2022. Horizon Databook has segmented the Finland mining equipment market based on underground mining equipment, surface mining equipment, crushing, pulverizing & screening equipment, drills & breakers covering the revenue growth of each sub-segment from 2018 to 2030.
According to the OECD, Finland’s economic growth will slow sharply to 1.1% in 2022 and 0.6% in 2023 as COVID-19 rebound and the Ukraine war fade. Private consumption will be hampered by falling real household incomes but will gradually recover beginning in late 2023 as they begin to rise again.
Horizon Databook provides a detailed overview of country-level data and insights on the Finland mining equipment market , including forecasts for subscribers. This country databook contains high-level insights into Finland mining equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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