France Underground Mining Equipment Market Size & Outlook
France underground mining equipment market, 2018-2030 (US$M)
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France underground mining equipment market highlights
- The France underground mining equipment market generated a revenue of USD 224.1 million in 2024 and is expected to reach USD 177.6 million by 2030.
- The France market is expected to grow at a CAGR of -3.8% from 2025 to 2030.
- In terms of segment, load haul dump (lhd) was the largest revenue generating equipment in 2024.
- Load Haul Dump (LHD) is the most lucrative equipment segment registering the fastest growth during the forecast period.
Underground mining equipment market data book summary
| Market revenue in 2024 | USD 224.1 million |
| Market revenue in 2030 | USD 177.6 million |
| Growth rate | -3.8% (CAGR from 2025 to 2030) |
| Largest segment | Load haul dump (lhd) |
| Fastest growing segment | Load Haul Dump (LHD) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shuttle Cars, Load Haul Dump (LHD), Articulated Vehicles, Underground Mining Trucks, Scooptrams, Drills, Bolters, Other Equipment |
Other key industry trends
- In terms of revenue, France accounted for 0.5% of the global underground mining equipment market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia underground mining equipment market is projected to lead the regional market in terms of revenue in 2030.
- Russia is the fastest growing regional market in Europe and is projected to reach USD 1,726.7 million by 2030.
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Underground Mining Equipment Market Scope
Underground Mining Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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France underground mining equipment 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 underground mining equipment market will help companies and investors design strategic landscapes.
Load haul dump (lhd) was the largest segment with a revenue share of 28.42% in 2024. Horizon Databook has segmented the France underground mining equipment market based on shuttle cars, load haul dump (lhd), articulated vehicles, underground mining trucks, scooptrams, drills, bolters, other equipment covering the revenue growth of each sub-segment from 2018 to 2030.
France’s underground mining equipment market is set to grow as the country takes steps to revitalize its copper mining industry and expand exploration for a range of critical minerals. The French government has recently granted an exclusive exploration permit for various valuable minerals, including copper, lithium, zinc, and rare earths, to the company Aurelius Resources in January 2024.
This initiative, as part of France's broader strategy to secure access to essential minerals, is expected to drive demand for advanced underground mining equipment. With the exploration of copper and other critical minerals becoming a priority, mining operations will require cutting-edge technologies to ensure efficient and sustainable extraction.
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Our clientele includes a mix of underground mining equipment 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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Horizon Databook provides a detailed overview of country-level data and insights on the France underground mining equipment market , including forecasts for subscribers. This country databook contains high-level insights into France underground mining equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France underground mining equipment market size, by equipment, 2018-2030 (US$M)
France Underground Mining Equipment Market Outlook Share, 2024 & 2030 (US$M)
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