Asia Pacific Mining Equipment Rental Market Size & Outlook
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Asia Pacific mining equipment rental market highlights
- The Asia Pacific mining equipment rental market generated a revenue of USD 38,025.0 million in 2024.
- The market is expected to grow at a CAGR of 6.1% from 2025 to 2030.
- In terms of segment, surface mining equipment was the largest revenue generating equipment in 2024.
- Underground Mining Equipment is the most lucrative equipment segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 38,025.0 million |
| Market revenue in 2030 | USD 54,207.8 million |
| Growth rate | 6.1% (CAGR from 2025 to 2030) |
| Largest segment | Surface mining equipment |
| Fastest growing segment | Underground Mining Equipment |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Underground Mining Equipment, Surface Mining Equipment, Crushing, Pulverizing & Screening Equipment, Drills & Breakers |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 35.6% of the global mining equipment rental market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 54,207.8 million by 2030.
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Mining Equipment Rental Market Scope
Mining Equipment Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Doosan Infracore | View profile | 11-50 | Karlin, Hlavni mesto Praha, Czech Republic, Europe | https://eu.doosanequipment.com |
| Bomag | View profile | 1001-5000 | Boppard, Rheinland-Pfalz, Germany, Europe | https://www.bomag.com |
| Ritchie Bros | View profile | 1001-5000 | Burnaby, British Columbia, Canada, North America | http://www.rbauction.com |
| Loxam Holding | View profile | 5001-10000 | Paris, Ile-de-France, France, Europe | http://www.loxam.com |
| MacAllister Machinery Co., Inc. | View profile | 1001-5000 | Indianapolis, Indiana, United States, North America | http://www.macallister.com |
| Sany Group | View profile | 10001+ | Changshan, Hunan, China, Asia | https://www.sanyglobal.com |
| XCMG | View profile | 11-50 | Santiago, Region Metropolitana, Chile, South America | https://xcmg.cl |
| Trident | View profile | 11-50 | New York, New York, United States, North America | http://www.trident.co |
| United Rentals Inc | View profile | 26300 | 100 First Stamford Place, Suite 700, Stamford, CT, United States, 06902 | https://www.unitedrentals.com |
| Hertz Global Holdings Inc Ordinary Shares (New) | View profile | 27000 | 8501 Williams Road, Estero, FL, United States, 33928 | https://www.hertz.com |
| Liebherr Group | View profile | 10001+ | Biberach An Der Riß, Baden-Wurttemberg, Germany, Europe | http://www.liebherr.com |
| Epiroc AB DR | View profile | 18157 | Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-131 54 | https://www.epirocgroup.com |
| Komatsu Ltd | View profile | 70608 | 3-6 Akasaka 2-chome, Minato-ku, Tokyo, Japan, 107-8414 | https://www.komatsu.jp |
| Caterpillar Inc | View profile | 121173 | 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 | https://www.caterpillar.com |
Asia Pacific mining equipment rental market outlook
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 rental market will help companies and investors design strategic landscapes.
Surface mining equipment was the largest segment with a revenue share of 39.01% in 2024. Horizon Databook has segmented the Asia Pacific mining equipment rental 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.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific mining equipment rental market databook
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Our clientele includes a mix of mining equipment rental market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific mining equipment rental market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific mining equipment rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific mining equipment rental market size, by country, 2018-2030 (US$M)
Asia Pacific Mining Equipment Rental Market Outlook Share, 2024 & 2030 (US$M)
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