Underground Construction Equipment Market By Type (Tunneling Equipment, Piercing Tools, Vibratory Plows, Load and Haul Equipment, Underground Utility Vehicles, De-watering System, Shotcrete Solutions), By Solution Type (Product, Services), By Application (Oil and Gas, Railway and Highway, Municipal Engineering, Underground Mining, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Underground Construction Equipment Market

Underground construction equipment are machines used to various construction activities below the earth’s surface. These machines typically include tunneling equipment, piercing tools, vibratory plows, load and haul equipment, underground utility vehicles, dewatering systems and shotcrete solutions.

Key factors driving the growth of the underground construction equipment market include, rise in construction and infrastructure industry, growth in focus on Public-private partnerships (PPP), Growth in popularity toward robust and compact equipment. An increase in population and urbanization has led to the expansion of the construction sector throughout the globe, which boosts the underground construction equipment market growth. The increase in number of construction & infrastructure development projects such as highway and public infrastructure largely drive the market; especially, in emerging economies, such as India, China, Vietnam, Brazil, South Africa, and others. Moreover, the rise in population has also increased the demand for minerals and energy; thereby positively boosting the mining industry. The mining industry utilizes various heavy-duty construction equipment such as loaders, dump trucks, and others. Thus, such factors, which have resulted in increased construction activities, are fueling the demand for underground construction equipment.

The market also offers growth opportunities to the key players in the market. Autonomous vehicles are anticipated to allow the workers to manage the equipment rather than just functioning on the field. The penetration of automation technologies has made it possible to track equipment productivity from remote platforms such as mobile equipment type platforms and computer software. Automation technologies include inventory management solutions to conserve time and monetary expenses caused by mismanagement of equipment operations. The major manufacturers have already adopted these technologies to improve equipment performance. 

An increase in population and urbanization has led to the expansion of the construction sector throughout the globe, which boosts the underground construction equipment market growth. Moreover, the rise in population has also increased the demand for minerals and energy; thereby positively boosting the mining industry. The mining industry utilizes various heavy-duty construction equipment such as loaders, dump trucks, and others. Thus, such factors, which have resulted in increased construction activities, are fueling the demand for underground construction equipment.

However, tunnel boring machine is not economically priced. Also, the cost of installation is high. In addition, once the methodology has been selected it is practically impossible to modify it throughout the construction of the tunnel. The blasting method is also used for tunnel construction, which is cheap as compared to tunnel boring machines. In addition, for tunnel excavation longer than 4 km, a tunnel boring machine is often recommended, while for length less than 1.5 km, the drill & blast technique is usually employed. Hence, such factors are anticipated to hamper the growth of the underground construction equipment market.

The underground construction equipment market is segmented into type, solution, application, and region. By type, the market is categorized into tunneling equipment, piercing tools, vibratory plows, load and haul equipment, underground utility vehicles, dewatering system and shotcrete solutions. On the basis of solution, it is bifurcated into product, and services. On the basis of application, the market is categorized into oil & gas, railway and highway, municipal engineering, underground mining and others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).

The key players profiled in the study include Caterpillar Inc, China railway group limited, Epiroc AB, Global TBM Company, Herrenknecht AG, Kawasaki Heavy Industries, Ltd., Komatsu Ltd., Mitsubishi Corporation, Sandvik AB, and Sany Group Co. Ltd. The players in the market have been actively engaged in the adoption various strategies such as acquisition, product launch and expansion to remain competitive and gain advantage over the competitors in the market.

Key Market Insights 

By type, the tunneling equipment segment was the highest revenue contributor to the market and is estimated to reach $15,769.8 million by 2031, with a CAGR of 4.6%. However, the shotcrete solutions segment is estimated to be the fastest-growing segment with a CAGR of 6.2% during the forecast period.

By application, the railway and highway segment dominated the global market. However, the oil and gas segment is expected to be the fastest-growing segment with a CAGR of 5.5% during the forecast period.

Based on solution type, the product segment was the highest revenue contributor to the market during the forecast period.

Based on region, Asia-Pacific garnered the largest revenue share in 2021, whereas LAMEA is anticipated to grow at the highest CAGR of 5.4% during the forecast period

Overview

The underground construction equipment market size was valued at $19,418.87 million in 2021 and is estimated to reach $31,256.90 million by 2031, exhibiting a CAGR of 4.7% from 2022 to 2031. Underground construction equipment can be defined as specialized construction equipment capable of performing activities such as tunneling, drilling, compacting, dewatering, and material handling below the surface of the earth. It has various applications such as oil & gas, mining, railway and highway construction, tunneling, municipal engineering and others.

The underground construction equipment market has grown along with a rise in demand for industrialization, and commercial infrastructure setup. Furthermore, the growth in public private partnerships in different countries such as India, China, and countries in Africa are expected to fuel the growth of underground construction equipment industry. However, strict government regulations and carbon emissions are anticipated to restrain the underground construction equipment market during the forecast period.

The major players that operate in the global underground construction equipment market have adopted key strategies such as product launch and acquisition to strengthen their market outreach and sustain the stiff competition in the market. For instance, in September 2022, Sandvik Mining and Rock solutions introduced its Automine concept underground drill is a fully autonomous, twin boom development drill rig capable of drilling without human interaction. It has the cabinless battery-electric drill can plan and execute the entire drilling cycle from tramming to the face, setting up for drilling, drilling the pattern and returning home to charge for the next cycle. This aims to improve the product portfolio.

The underground construction equipment market is segmented on the basis of type, solution, application, and region. By type, the market is categorized into tunneling equipment, piercing tools, vibratory plows, load and haul equipment, underground utility vehicles, dewatering system, and shotcrete solutions. On the basis of solution, it is bifurcated into product and services.

And on the basis of application, the market is categorized into oil & gas, railway and highway, municipal engineering, underground mining and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Key companies profiled in the underground construction equipment market report include Caterpillar Inc, China railway group limited, Epiroc AB, Global TBM Company, Herrenknecht AG, Kawasaki Heavy Industries, Ltd., Komatsu Ltd., Mitsubishi Corporation, Sandvik AB, and Sany Group Co. Ltd.

Key Benefits For Stakeholders

●This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the underground construction equipment market analysis from 2021 to 2031 to identify the prevailing underground construction equipment market opportunities.

●The market research is offered along with information related to key drivers, restraints, and opportunities.

●Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.

●In-depth analysis of the underground construction equipment market segmentation assists to determine the prevailing market opportunities.

●Major countries in each region are mapped according to their revenue contribution to the global market.

●Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

●The report includes the analysis of the regional as well as global underground construction equipment market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

○ Global TBM Compan

Scope of Underground Construction Equipment Market Report

1.1. Report description

1.2. Key market segments

1.3. Key benefits to the stakeholders

1.4. Research Methodology

1.4.1. Primary research

1.4.2. Secondary research

1.4.3. Analyst tools and models

2.1. CXO Perspective

3.1. Market definition and scope

3.2. Key findings

3.2.1. Top impacting factors

3.2.2. Top investment pockets

3.3. Porter’s five forces analysis

3.3.1. Bargaining power of suppliers

3.3.2. Bargaining power of buyers

3.3.3. Threat of substitutes

3.3.4. Threat of new entrants

3.3.5. Intensity of rivalry

3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Rise in construction and infrastructure industry

3.4.1.2. Growth in focus on Public-private partnerships (PPP)

3.4.1.3. Growth in popularity toward robust and compact equipment

3.4.2. Restraints

3.4.2.1. High investment costs

3.4.3. Opportunities

3.4.3.1. Technological advancements

3.5. COVID-19 Impact Analysis on the market

4.1. Overview

4.1.1. Market size and forecast

4.2. Tunneling Equipment

4.2.1. Key market trends, growth factors and opportunities

4.2.2. Market size and forecast, by region

4.2.3. Market share analysis by country

4.2.4. Tunneling Equipment Underground Construction Equipment Market by Equipment type

4.2.4.1. Tunnel boring machine Market size and forecast, by region

4.2.4.2. Underground face drilling equipment Market size and forecast, by region

4.2.4.3. Underground rock reinforcement equipment Market size and forecast, by region

4.2.4.4. Underground rock reinforcement equipment Underground Construction Equipment Market by Type

4.2.4.4.1. Grouting Market size and forecast, by region

4.2.4.4.2. Bolting rigs Market size and forecast, by region

4.2.4.5. Scalers Market size and forecast, by region

4.3. Piercing Tools

4.3.1. Key market trends, growth factors and opportunities

4.3.2. Market size and forecast, by region

4.3.3. Market share analysis by country

4.4. Vibratory Plows

4.4.1. Key market trends, growth factors and opportunities

4.4.2. Market size and forecast, by region

4.4.3. Market share analysis by country

4.5. Load and Haul Equipment

4.5.1. Key market trends, growth factors and opportunities

4.5.2. Market size and forecast, by region

4.5.3. Market share analysis by country

4.5.4. Load and Haul Equipment Underground Construction Equipment Market by Equipment type

4.5.4.1. Underground Trucks Market size and forecast, by region

4.5.4.2. Underground Loaders Market size and forecast, by region

4.6. Underground Utility Vehicles

4.6.1. Key market trends, growth factors and opportunities

4.6.2. Market size and forecast, by region

4.6.3. Market share analysis by country

4.7. De-watering System

4.7.1. Key market trends, growth factors and opportunities

4.7.2. Market size and forecast, by region

4.7.3. Market share analysis by country

4.8. Shotcrete Solutions

4.8.1. Key market trends, growth factors and opportunities

4.8.2. Market size and forecast, by region

4.8.3. Market share analysis by country

5.1. Overview

5.1.1. Market size and forecast

5.2. Product

5.2.1. Key market trends, growth factors and opportunities

5.2.2. Market size and forecast, by region

5.2.3. Market share analysis by country

5.3. Services

5.3.1. Key market trends, growth factors and opportunities

5.3.2. Market size and forecast, by region

5.3.3. Market share analysis by country

6.1. Overview

6.1.1. Market size and forecast

6.2. Oil and Gas

6.2.1. Key market trends, growth factors and opportunities

6.2.2. Market size and forecast, by region

6.2.3. Market share analysis by country

6.3. Railway and Highway

6.3.1. Key market trends, growth factors and opportunities

6.3.2. Market size and forecast, by region

6.3.3. Market share analysis by country

6.4. Municipal Engineering

6.4.1. Key market trends, growth factors and opportunities

6.4.2. Market size and forecast, by region

6.4.3. Market share analysis by country

6.5. Underground Mining

6.5.1. Key market trends, growth factors and opportunities

6.5.2. Market size and forecast, by region

6.5.3. Market share analysis by country

6.6. Others

6.6.1. Key market trends, growth factors and opportunities

6.6.2. Market size and forecast, by region

6.6.3. Market share analysis by country

7.1. Overview

7.1.1. Market size and forecast By Region

7.2. North America

7.2.1. Key trends and opportunities

7.2.2. Market size and forecast, by Type

7.2.2.1. North America Tunneling Equipment Underground Construction Equipment Market by Equipment type

7.2.2.1.1. North America Underground rock reinforcement equipment Underground Construction Equipment Market by Type

7.2.2.2. North America Load and Haul Equipment Underground Construction Equipment Market by Equipment type

7.2.3. Market size and forecast, by Solution Type

7.2.4. Market size and forecast, by Application

7.2.5. Market size and forecast, by country

7.2.5.1. U.S.

7.2.5.1.1. Key market trends, growth factors and opportunities

7.2.5.1.2. Market size and forecast, by Type

7.2.5.1.3. Market size and forecast, by Solution Type

7.2.5.1.4. Market size and forecast, by Application

7.2.5.2. Canada

7.2.5.2.1. Key market trends, growth factors and opportunities

7.2.5.2.2. Market size and forecast, by Type

7.2.5.2.3. Market size and forecast, by Solution Type

7.2.5.2.4. Market size and forecast, by Application

7.2.5.3. Mexico

7.2.5.3.1. Key market trends, growth factors and opportunities

7.2.5.3.2. Market size and forecast, by Type

7.2.5.3.3. Market size and forecast, by Solution Type

7.2.5.3.4. Market size and forecast, by Application

7.3. Europe

7.3.1. Key trends and opportunities

7.3.2. Market size and forecast, by Type

7.3.2.1. Europe Tunneling Equipment Underground Construction Equipment Market by Equipment type

7.3.2.1.1. Europe Underground rock reinforcement equipment Underground Construction Equipment Market by Type

7.3.2.2. Europe Load and Haul Equipment Underground Construction Equipment Market by Equipment type

7.3.3. Market size and forecast, by Solution Type

7.3.4. Market size and forecast, by Application

7.3.5. Market size and forecast, by country

7.3.5.1. Germany

7.3.5.1.1. Key market trends, growth factors and opportunities

7.3.5.1.2. Market size and forecast, by Type

7.3.5.1.3. Market size and forecast, by Solution Type

7.3.5.1.4. Market size and forecast, by Application

7.3.5.2. France

7.3.5.2.1. Key market trends, growth factors and opportunities

7.3.5.2.2. Market size and forecast, by Type

7.3.5.2.3. Market size and forecast, by Solution Type

7.3.5.2.4. Market size and forecast, by Application

7.3.5.3. Italy

7.3.5.3.1. Key market trends, growth factors and opportunities

7.3.5.3.2. Market size and forecast, by Type

7.3.5.3.3. Market size and forecast, by Solution Type

7.3.5.3.4. Market size and forecast, by Application

7.3.5.4. UK

7.3.5.4.1. Key market trends, growth factors and opportunities

7.3.5.4.2. Market size and forecast, by Type

7.3.5.4.3. Market size and forecast, by Solution Type

7.3.5.4.4. Market size and forecast, by Application

7.3.5.5. Rest of Europe

7.3.5.5.1. Key market trends, growth factors and opportunities

7.3.5.5.2. Market size and forecast, by Type

7.3.5.5.3. Market size and forecast, by Solution Type

7.3.5.5.4. Market size and forecast, by Application

7.4. Asia-Pacific

7.4.1. Key trends and opportunities

7.4.2. Market size and forecast, by Type

7.4.2.1. Asia-Pacific Tunneling Equipment Underground Construction Equipment Market by Equipment type

7.4.2.1.1. Asia-Pacific Underground rock reinforcement equipment Underground Construction Equipment Market by Type

7.4.2.2. Asia-Pacific Load and Haul Equipment Underground Construction Equipment Market by Equipment type

7.4.3. Market size and forecast, by Solution Type

7.4.4. Market size and forecast, by Application

7.4.5. Market size and forecast, by country

7.4.5.1. China

7.4.5.1.1. Key market trends, growth factors and opportunities

7.4.5.1.2. Market size and forecast, by Type

7.4.5.1.3. Market size and forecast, by Solution Type

7.4.5.1.4. Market size and forecast, by Application

7.4.5.2. Japan

7.4.5.2.1. Key market trends, growth factors and opportunities

7.4.5.2.2. Market size and forecast, by Type

7.4.5.2.3. Market size and forecast, by Solution Type

7.4.5.2.4. Market size and forecast, by Application

7.4.5.3. India

7.4.5.3.1. Key market trends, growth factors and opportunities

7.4.5.3.2. Market size and forecast, by Type

7.4.5.3.3. Market size and forecast, by Solution Type

7.4.5.3.4. Market size and forecast, by Application

7.4.5.4. South Korea

7.4.5.4.1. Key market trends, growth factors and opportunities

7.4.5.4.2. Market size and forecast, by Type

7.4.5.4.3. Market size and forecast, by Solution Type

7.4.5.4.4. Market size and forecast, by Application

7.4.5.5. Rest of Asia-Pacific

7.4.5.5.1. Key market trends, growth factors and opportunities

7.4.5.5.2. Market size and forecast, by Type

7.4.5.5.3. Market size and forecast, by Solution Type

7.4.5.5.4. Market size and forecast, by Application

7.5. LAMEA

7.5.1. Key trends and opportunities

7.5.2. Market size and forecast, by Type

7.5.2.1. LAMEA Tunneling Equipment Underground Construction Equipment Market by Equipment type

7.5.2.1.1. LAMEA Underground rock reinforcement equipment Underground Construction Equipment Market by Type

7.5.2.2. LAMEA Load and Haul Equipment Underground Construction Equipment Market by Equipment type

7.5.3. Market size and forecast, by Solution Type

7.5.4. Market size and forecast, by Application

7.5.5. Market size and forecast, by country

7.5.5.1. Latin America

7.5.5.1.1. Key market trends, growth factors and opportunities

7.5.5.1.2. Market size and forecast, by Type

7.5.5.1.3. Market size and forecast, by Solution Type

7.5.5.1.4. Market size and forecast, by Application

7.5.5.2. Middle East

7.5.5.2.1. Key market trends, growth factors and opportunities

7.5.5.2.2. Market size and forecast, by Type

7.5.5.2.3. Market size and forecast, by Solution Type

7.5.5.2.4. Market size and forecast, by Application

7.5.5.3. Africa

7.5.5.3.1. Key market trends, growth factors and opportunities

7.5.5.3.2. Market size and forecast, by Type

7.5.5.3.3. Market size and forecast, by Solution Type

7.5.5.3.4. Market size and forecast, by Application

8.1. Introduction

8.2. Top winning strategies

8.3. Product Mapping of Top 10 Player

8.4. Competitive Dashboard

8.5. Competitive Heatmap

8.6. Top player positioning, 2021

9.1. Caterpillar Inc.

9.1.1. Company overview

9.1.2. Key Executives

9.1.3. Company snapshot

9.1.4. Operating business segments

9.1.5. Product portfolio

9.1.6. Business performance

9.2. China Railway Group Limited

9.2.1. Company overview

9.2.2. Key Executives

9.2.3. Company snapshot

9.2.4. Operating business segments

9.2.5. Product portfolio

9.2.6. Business performance

9.3. Epiroc AB

9.3.1. Company overview

9.3.2. Key Executives

9.3.3. Company snapshot

9.3.4. Operating business segments

9.3.5. Product portfolio

9.3.6. Business performance

9.4. Global TBM Company

9.4.1. Company overview

9.4.2. Key Executives

9.4.3. Company snapshot

9.4.4. Operating business segments

9.4.5. Product portfolio

9.5. Herrenknecht AG

9.5.1. Company overview

9.5.2. Key Executives

9.5.3. Company snapshot

9.5.4. Operating business segments

9.5.5. Product portfolio

9.6. Kawasaki Heavy Industries, Ltd.

9.6.1. Company overview

9.6.2. Key Executives

9.6.3. Company snapshot

9.6.4. Operating business segments

9.6.5. Product portfolio

9.6.6. Business performance

9.7. Komatsu Ltd.

9.7.1. Company overview

9.7.2. Key Executives

9.7.3. Company snapshot

9.7.4. Operating business segments

9.7.5. Product portfolio

9.7.6. Business performance

9.7.7. Key strategic moves and developments

9.8. Mitsubishi Corporation

9.8.1. Company overview

9.8.2. Key Executives

9.8.3. Company snapshot

9.8.4. Operating business segments

9.8.5. Product portfolio

9.8.6. Business performance

9.9. Sandvik AB

9.9.1. Company overview

9.9.2. Key Executives

9.9.3. Company snapshot

9.9.4. Operating business segments

9.9.5. Product portfolio

9.9.6. Business performance

9.10. Sany Group Co., Ltd.

9.10.1. Company overview

9.10.2. Key Executives

9.10.3. Company snapshot

9.10.4. Operating business segments

9.10.5. Product portfolio

9.10.6. Business performanc

LIST OF TABLES

TABLE 01. GLOBAL UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 02. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR TUNNELING EQUIPMENT, BY REGION, 2021-2031 ($MILLION)

TABLE 03. GLOBAL TUNNELING EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2021-2031 ($MILLION)

TABLE 04. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR TUNNEL BORING MACHINE, BY REGION, 2021-2031 ($MILLION)

TABLE 05. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR UNDERGROUND FACE DRILLING EQUIPMENT, BY REGION, 2021-2031 ($MILLION)

TABLE 06. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR UNDERGROUND ROCK REINFORCEMENT EQUIPMENT, BY REGION, 2021-2031 ($MILLION)

TABLE 07. GLOBAL UNDERGROUND ROCK REINFORCEMENT EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 08. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR GROUTING, BY REGION, 2021-2031 ($MILLION)

TABLE 09. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR BOLTING RIGS, BY REGION, 2021-2031 ($MILLION)

TABLE 10. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR SCALERS, BY REGION, 2021-2031 ($MILLION)

TABLE 11. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR PIERCING TOOLS, BY REGION, 2021-2031 ($MILLION)

TABLE 12. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR VIBRATORY PLOWS, BY REGION, 2021-2031 ($MILLION)

TABLE 13. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR LOAD AND HAUL EQUIPMENT, BY REGION, 2021-2031 ($MILLION)

TABLE 14. GLOBAL LOAD AND HAUL EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2021-2031 ($MILLION)

TABLE 15. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR UNDERGROUND TRUCKS, BY REGION, 2021-2031 ($MILLION)

TABLE 16. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR UNDERGROUND LOADERS, BY REGION, 2021-2031 ($MILLION)

TABLE 17. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR UNDERGROUND UTILITY VEHICLES, BY REGION, 2021-2031 ($MILLION)

TABLE 18. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR DE-WATERING SYSTEM, BY REGION, 2021-2031 ($MILLION)

TABLE 19. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR SHOTCRETE SOLUTIONS, BY REGION, 2021-2031 ($MILLION)

TABLE 20. GLOBAL UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 21. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR PRODUCT, BY REGION, 2021-2031 ($MILLION)

TABLE 22. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR SERVICES, BY REGION, 2021-2031 ($MILLION)

TABLE 23. GLOBAL UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 24. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR OIL AND GAS, BY REGION, 2021-2031 ($MILLION)

TABLE 25. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR RAILWAY AND HIGHWAY, BY REGION, 2021-2031 ($MILLION)

TABLE 26. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR MUNICIPAL ENGINEERING, BY REGION, 2021-2031 ($MILLION)

TABLE 27. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR UNDERGROUND MINING, BY REGION, 2021-2031 ($MILLION)

TABLE 28. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR OTHERS, BY REGION, 2021-2031 ($MILLION)

TABLE 29. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021-2031 ($MILLION)

TABLE 30. NORTH AMERICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 31. NORTH AMERICA TUNNELING EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2021-2031 ($MILLION)

TABLE 32. NORTH AMERICA UNDERGROUND ROCK REINFORCEMENT EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 33. NORTH AMERICA LOAD AND HAUL EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2021-2031 ($MILLION)

TABLE 34. NORTH AMERICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 35. NORTH AMERICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 36. NORTH AMERICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 37. U.S. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 38. U.S. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 39. U.S. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 40. CANADA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 41. CANADA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 42. CANADA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 43. MEXICO UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 44. MEXICO UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 45. MEXICO UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 46. EUROPE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 47. EUROPE TUNNELING EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2021-2031 ($MILLION)

TABLE 48. EUROPE UNDERGROUND ROCK REINFORCEMENT EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 49. EUROPE LOAD AND HAUL EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2021-2031 ($MILLION)

TABLE 50. EUROPE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 51. EUROPE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 52. EUROPE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 53. GERMANY UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 54. GERMANY UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 55. GERMANY UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 56. FRANCE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 57. FRANCE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 58. FRANCE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 59. ITALY UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 60. ITALY UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 61. ITALY UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 62. UK UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 63. UK UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 64. UK UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 65. REST OF EUROPE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 66. REST OF EUROPE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 67. REST OF EUROPE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 68. ASIA-PACIFIC UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 69. ASIA-PACIFIC TUNNELING EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2021-2031 ($MILLION)

TABLE 70. ASIA-PACIFIC UNDERGROUND ROCK REINFORCEMENT EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 71. ASIA-PACIFIC LOAD AND HAUL EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2021-2031 ($MILLION)

TABLE 72. ASIA-PACIFIC UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 73. ASIA-PACIFIC UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 74. ASIA-PACIFIC UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 75. CHINA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 76. CHINA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 77. CHINA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 78. JAPAN UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 79. JAPAN UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 80. JAPAN UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 81. INDIA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 82. INDIA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 83. INDIA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 84. SOUTH KOREA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 85. SOUTH KOREA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 86. SOUTH KOREA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 87. REST OF ASIA-PACIFIC UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 88. REST OF ASIA-PACIFIC UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 89. REST OF ASIA-PACIFIC UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 90. LAMEA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 91. LAMEA TUNNELING EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2021-2031 ($MILLION)

TABLE 92. LAMEA UNDERGROUND ROCK REINFORCEMENT EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 93. LAMEA LOAD AND HAUL EQUIPMENT UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2021-2031 ($MILLION)

TABLE 94. LAMEA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 95. LAMEA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 96. LAMEA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021-2031 ($MILLION)

TABLE 97. LATIN AMERICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 98. LATIN AMERICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 99. LATIN AMERICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 100. MIDDLE EAST UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 101. MIDDLE EAST UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 102. MIDDLE EAST UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 103. AFRICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021-2031 ($MILLION)

TABLE 104. AFRICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021-2031 ($MILLION)

TABLE 105. AFRICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021-2031 ($MILLION)

TABLE 106. CATERPILLAR INC.: KEY EXECUTIVES

TABLE 107. CATERPILLAR INC.: COMPANY SNAPSHOT

TABLE 108. CATERPILLAR INC.: PRODUCT SEGMENTS

TABLE 109. CATERPILLAR INC.: PRODUCT PORTFOLIO

TABLE 110. CHINA RAILWAY GROUP LIMITED: KEY EXECUTIVES

TABLE 111. CHINA RAILWAY GROUP LIMITED: COMPANY SNAPSHOT

TABLE 112. CHINA RAILWAY GROUP LIMITED: PRODUCT SEGMENTS

TABLE 113. CHINA RAILWAY GROUP LIMITED: PRODUCT PORTFOLIO

TABLE 114. EPIROC AB: KEY EXECUTIVES

TABLE 115. EPIROC AB: COMPANY SNAPSHOT

TABLE 116. EPIROC AB: PRODUCT SEGMENTS

TABLE 117. EPIROC AB: PRODUCT PORTFOLIO

TABLE 118. GLOBAL TBM COMPANY: KEY EXECUTIVES

TABLE 119. GLOBAL TBM COMPANY: COMPANY SNAPSHOT

TABLE 120. GLOBAL TBM COMPANY: PRODUCT SEGMENTS

TABLE 121. GLOBAL TBM COMPANY: PRODUCT PORTFOLIO

TABLE 122. HERRENKNECHT AG: KEY EXECUTIVES

TABLE 123. HERRENKNECHT AG: COMPANY SNAPSHOT

TABLE 124. HERRENKNECHT AG: PRODUCT SEGMENTS

TABLE 125. HERRENKNECHT AG: PRODUCT PORTFOLIO

TABLE 126. KAWASAKI HEAVY INDUSTRIES, LTD.: KEY EXECUTIVES

TABLE 127. KAWASAKI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT

TABLE 128. KAWASAKI HEAVY INDUSTRIES, LTD.: PRODUCT SEGMENTS

TABLE 129. KAWASAKI HEAVY INDUSTRIES, LTD.: PRODUCT PORTFOLIO

TABLE 130. KOMATSU LTD.: KEY EXECUTIVES

TABLE 131. KOMATSU LTD.: COMPANY SNAPSHOT

TABLE 132. KOMATSU LTD.: PRODUCT SEGMENTS

TABLE 133. KOMATSU LTD.: SERVICE SEGMENTS

TABLE 134. KOMATSU LTD.: PRODUCT PORTFOLIO

TABLE 135. KOMATSU LTD.: KEY STRATERGIES

TABLE 136. MITSUBISHI CORPORATION: KEY EXECUTIVES

TABLE 137. MITSUBISHI CORPORATION: COMPANY SNAPSHOT

TABLE 138. MITSUBISHI CORPORATION: SERVICE SEGMENTS

TABLE 139. MITSUBISHI CORPORATION: PRODUCT PORTFOLIO

TABLE 140. SANDVIK AB: KEY EXECUTIVES

TABLE 141. SANDVIK AB: COMPANY SNAPSHOT

TABLE 142. SANDVIK AB: SERVICE SEGMENTS

TABLE 143. SANDVIK AB: PRODUCT PORTFOLIO

TABLE 144. SANY GROUP CO., LTD.: KEY EXECUTIVES

TABLE 145. SANY GROUP CO., LTD.: COMPANY SNAPSHOT

TABLE 146. SANY GROUP CO., LTD.: PRODUCT SEGMENTS

TABLE 147. SANY GROUP CO., LTD.: PRODUCT PORTFOLIO LIST OF FIGURES

FIGURE 01. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031

FIGURE 02. SEGMENTATION OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031

FIGURE 03. TOP INVESTMENT POCKETS IN UNDERGROUND CONSTRUCTION EQUIPMENT MARKET (2022-2031)

FIGURE 04. LOW BARGAINING POWER OF SUPPLIERS

FIGURE 05. LOW BARGAINING POWER OF BUYERS

FIGURE 06. LOW THREAT OF SUBSTITUTES

FIGURE 07. LOW THREAT OF NEW ENTRANTS

FIGURE 08. LOW INTENSITY OF RIVALRY

FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALUNDERGROUND CONSTRUCTION EQUIPMENT MARKET

FIGURE 10. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY TYPE, 2021(%)

FIGURE 11. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR TUNNELING EQUIPMENT, BY COUNTRY 2021 AND 2031(%)

FIGURE 12. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR PIERCING TOOLS, BY COUNTRY 2021 AND 2031(%)

FIGURE 13. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR VIBRATORY PLOWS, BY COUNTRY 2021 AND 2031(%)

FIGURE 14. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR LOAD AND HAUL EQUIPMENT, BY COUNTRY 2021 AND 2031(%)

FIGURE 15. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR UNDERGROUND UTILITY VEHICLES, BY COUNTRY 2021 AND 2031(%)

FIGURE 16. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR DE-WATERING SYSTEM, BY COUNTRY 2021 AND 2031(%)

FIGURE 17. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR SHOTCRETE SOLUTIONS, BY COUNTRY 2021 AND 2031(%)

FIGURE 18. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE, 2021(%)

FIGURE 19. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR PRODUCT, BY COUNTRY 2021 AND 2031(%)

FIGURE 20. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR SERVICES, BY COUNTRY 2021 AND 2031(%)

FIGURE 21. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021(%)

FIGURE 22. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR OIL AND GAS, BY COUNTRY 2021 AND 2031(%)

FIGURE 23. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR RAILWAY AND HIGHWAY, BY COUNTRY 2021 AND 2031(%)

FIGURE 24. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR MUNICIPAL ENGINEERING, BY COUNTRY 2021 AND 2031(%)

FIGURE 25. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR UNDERGROUND MINING, BY COUNTRY 2021 AND 2031(%)

FIGURE 26. COMPARATIVE SHARE ANALYSIS OF UNDERGROUND CONSTRUCTION EQUIPMENT MARKET FOR OTHERS, BY COUNTRY 2021 AND 2031(%)

FIGURE 27. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET BY REGION, 2021

FIGURE 28. U.S. UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 29. CANADA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 30. MEXICO UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 31. GERMANY UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 32. FRANCE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 33. ITALY UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 34. UK UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 35. REST OF EUROPE UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 36. CHINA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 37. JAPAN UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 38. INDIA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 39. SOUTH KOREA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 40. REST OF ASIA-PACIFIC UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 41. LATIN AMERICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 42. MIDDLE EAST UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 43. AFRICA UNDERGROUND CONSTRUCTION EQUIPMENT MARKET, 2021-2031 ($MILLION)

FIGURE 44. TOP WINNING STRATEGIES, BY YEAR

FIGURE 45. TOP WINNING STRATEGIES, BY DEVELOPMENT

FIGURE 46. TOP WINNING STRATEGIES, BY COMPANY

FIGURE 47. PRODUCT MAPPING OF TOP 10 PLAYERS

FIGURE 48. COMPETITIVE DASHBOARD

FIGURE 49. COMPETITIVE HEATMAP: UNDERGROUND CONSTRUCTION EQUIPMENT MARKET

FIGURE 50. TOP PLAYER POSITIONING, 2021

FIGURE 51. CATERPILLAR: NET REVENUE, 2020-2022 ($MILLION)

FIGURE 52. CATERPILLAR: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)

FIGURE 53. CATERPILLAR: REVENUE SHARE BY SEGMENT, 2022 (%)

FIGURE 54. CATERPILLAR: REVENUE SHARE BY REGION, 2022 (%)

FIGURE 55. CHINA RAILWAY GROUP LIMITED: NET SALES, 2019-2021 ($MILLION)

FIGURE 56. CHINA RAILWAY GROUP LIMITED: REVENUE SHARE BY SEGMENT, 2021 (%)

FIGURE 57. EPIROC AB: NET SALES, 2019-2021 ($MILLION)

FIGURE 58. EPIROC AB: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021

FIGURE 59. EPIROC AB: REVENUE SHARE BY SEGMENT, 2021 (%)

FIGURE 60. EPIROC AB: REVENUE SHARE BY REGION, 2021 (%)

FIGURE 61. KAWASAKI HEAVY INDUSTRIES, LTD.: NET REVENUE, 2020-2022 ($MILLION)

FIGURE 62. KAWASAKI HEAVY INDUSTRIES, LTD.: RESEARCH & DEVELOPMENT EXPENDITURE, 2020-2022 ($MILLION)

FIGURE 63. KAWASAKI HEAVY INDUSTRIES, LTD.: REVENUE SHARE BY SEGMENT, 2022 (%)

FIGURE 64. KAWASAKI HEAVY INDUSTRIES, LTD.: REVENUE SHARE BY REGION, 2022 (%)

FIGURE 65. KOMATSU LTD.: NET SALES, 2019-2021 ($MILLION)

FIGURE 66. KOMATSU LTD.: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021 ($MILLION)

FIGURE 67. KOMATSU LTD.: REVENUE SHARE BY SEGMENT, 2021 (%)

FIGURE 68. KOMATSU LTD.: REVENUE SHARE BY REGION, 2021 (%)

FIGURE 69. MITSUBISHI CORPORATION: NET SALES, 2020-2022 ($MILLION)

FIGURE 70. MITSUBISHI CORPORATION: REVENUE SHARE BY SEGMENT, 2022 (%)

FIGURE 71. SANDVIK AB: NET SALES, 2019-2021 ($MILLION)

FIGURE 72. SANDVIK AB: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021 ($MILLION)

FIGURE 73. SANDVIK AB: REVENUE SHARE BY SEGMENT, 2021 (%)

FIGURE 74. SANDVIK AB: REVENUE SHARE BY REGION, 2021 (%)

FIGURE 75. SANY GROUP CO., LTD.: NET SALES, 2019-2021 ($MILLION)

FIGURE 76. SANY GROUP CO., LTD.: REVENUE SHARE BY SEGMENT, 2021 (%)

FIGURE 77. SANY GROUP CO., LTD.: REVENUE SHARE BY REGION, 2021 (%