Poland Underground Mining Equipment Market Size & Outlook
Poland underground mining equipment market, 2018-2030 (US$M)
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Poland underground mining equipment market highlights
- The Poland underground mining equipment market generated a revenue of USD 1,371.6 million in 2024 and is expected to reach USD 1,244.4 million by 2030.
- The Poland market is expected to grow at a CAGR of -1.6% 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 1,371.6 million |
| Market revenue in 2030 | USD 1,244.4 million |
| Growth rate | -1.6% (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, Poland accounted for 3.2% 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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Poland 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 27.17% in 2024. Horizon Databook has segmented the Poland 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.
The growth of the underground mining equipment market in Poland is driven by several interrelated factors. One major factor is the increasing demand for mineral resources, particularly coal, and copper, which prompts an expansion in the mining sector to satisfy both domestic consumption and international exports.
Technological advancements also contribute to the market's expansion, with innovations in automation and remote operations making underground mining more efficient and safer. The country’s position within the European Union allows for greater access to broader markets, enhancing opportunities for exporting mining equipment and attracting international investments.
Lastly, consolidation within the industry through mergers and acquisitions leads to increased investment and a stronger demand for underground mining equipment as companies work to optimize their operations and integrate new technologies. Overall, these factors combine to create a robust environment for the growth of the underground mining equipment market in Poland.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Poland underground mining equipment market , including forecasts for subscribers. This country databook contains high-level insights into Poland underground mining equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Poland underground mining equipment market size, by equipment, 2018-2030 (US$M)
Poland Underground Mining Equipment Market Outlook Share, 2024 & 2030 (US$M)
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