The global market for Heavy-duty Underground Mining Truck was valued at US$ 2201 million in the year 2024 and is projected to reach a revised size of US$ 3035 million by 2031, growing at a CAGR of 4.2% during the forecast period.

Heavy-duty Underground Mining Truck Market

The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Heavy-duty Underground Mining Truck competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.

Heavy-duty Underground Mining Truck is a high-capacity underground transport equipment designed for deep ore body mining, featuring an articulated chassis and hydrostatic drive system, equipped with MSHA-compliant explosion-proof diesel engines or high-power lithium battery drive systems. It incorporates adaptive steering for confined tunnels, constant speed control during heavy-load downhill descent, and remote operation capabilities. With a payload capacity of 50-80 tons, it can operate continuously in narrow spiral decline tunnels with gradients exceeding 15%, serving as critical haulage equipment for efficient deep mining operations.

The global heavy-duty underground mining truck market size is approximately $2,200 million USD in 2024, with annual sales of about 2,750 units. The CAGR for the next five years is projected at 4.2%, with a market unit price of approximately $0.8 million USD per unit, per-line capacity of 150-200 units, and industry gross margin generally ranging between 28%-35%.

North American market for Heavy-duty Underground Mining Truck is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Heavy-duty Underground Mining Truck is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Heavy-duty Underground Mining Truck include Caterpillar, Komatsu, Sandvik, Epiroc, Euclid-Hitachi Heavy Equipment, XCMG Construction Machinery Co., Ltd., Sany Heavy Industry Co., Ltd., Guangxi Liugong Machinery Co., Ltd., Lingong Group Jinan Heavy Machinery Co., Ltd., Zoomlion Heavy Industry Science & Technology Co., Ltd., etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Heavy-duty Underground Mining Truck, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heavy-duty Underground Mining Truck.

The Heavy-duty Underground Mining Truck market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Heavy-duty Underground Mining Truck market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Heavy-duty Underground Mining Truck manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Scope of Heavy-duty Underground Mining Truck Market Report

Report Metric	Details
Report Name	Heavy-duty Underground Mining Truck Market
Accounted market size in year	US$ 2201 million
Forecasted market size in 2031	US$ 3035 million
CAGR	4.2%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	Diesel Electric Hybrid
Segment by Application	Mining Tunnel Engineering Other
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	Caterpillar, Komatsu, Sandvik, Epiroc, Euclid-Hitachi Heavy Equipment, XCMG Construction Machinery Co., Ltd., Sany Heavy Industry Co., Ltd., Guangxi Liugong Machinery Co., Ltd., Lingong Group Jinan Heavy Machinery Co., Ltd., Zoomlion Heavy Industry Science & Technology Co., Ltd., Xiamen XGMA Machinery Co., Ltd.
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Heavy-duty Underground Mining Truck manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Heavy-duty Underground Mining Truck by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Heavy-duty Underground Mining Truck in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Heavy-duty Underground Mining Truck Market growing?

Ans: The Heavy-duty Underground Mining Truck Market witnessing a CAGR of 4.2% during the forecast period 2025-2031.

What is the Heavy-duty Underground Mining Truck Market size in 2031?

Ans: The Heavy-duty Underground Mining Truck Market size in 2031 will be US$ 3035 million.

What is the Heavy-duty Underground Mining Truck Market share by application?

Ans: With a payload capacity of 50-80 tons, it can operate continuously in narrow spiral decline tunnels with gradients exceeding 15%, serving as critical haulage equipment for efficient deep mining operations.

Who are the main players in the Heavy-duty Underground Mining Truck Market report?

Ans: The main players in the Heavy-duty Underground Mining Truck Market are Caterpillar, Komatsu, Sandvik, Epiroc, Euclid-Hitachi Heavy Equipment, XCMG Construction Machinery Co., Ltd., Sany Heavy Industry Co., Ltd., Guangxi Liugong Machinery Co., Ltd., Lingong Group Jinan Heavy Machinery Co., Ltd., Zoomlion Heavy Industry Science & Technology Co., Ltd., Xiamen XGMA Machinery Co., Ltd.

What are the Application segmentation covered in the Heavy-duty Underground Mining Truck Market report?

Ans: The Applications covered in the Heavy-duty Underground Mining Truck Market report are Mining, Tunnel Engineering, Other

What are the Type segmentation covered in the Heavy-duty Underground Mining Truck Market report?

Ans: The Types covered in the Heavy-duty Underground Mining Truck Market report are Diesel, Electric, Hybrid

1 Heavy-duty Underground Mining Truck Market Overview

1.1 Product Definition

1.2 Heavy-duty Underground Mining Truck by Type

1.2.1 Global Heavy-duty Underground Mining Truck Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Diesel

1.2.3 Electric

1.2.4 Hybrid

1.3 Heavy-duty Underground Mining Truck by Application

1.3.1 Global Heavy-duty Underground Mining Truck Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Mining

1.3.3 Tunnel Engineering

1.3.4 Other

1.4 Global Market Growth Prospects

1.4.1 Global Heavy-duty Underground Mining Truck Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global Heavy-duty Underground Mining Truck Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global Heavy-duty Underground Mining Truck Production Estimates and Forecasts (2020-2031)

1.4.4 Global Heavy-duty Underground Mining Truck Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global Heavy-duty Underground Mining Truck Production Market Share by Manufacturers (2020-2025)

2.2 Global Heavy-duty Underground Mining Truck Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of Heavy-duty Underground Mining Truck, Industry Ranking, 2023 VS 2024

2.4 Global Heavy-duty Underground Mining Truck Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global Heavy-duty Underground Mining Truck Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of Heavy-duty Underground Mining Truck, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of Heavy-duty Underground Mining Truck, Product Offered and Application

2.8 Global Key Manufacturers of Heavy-duty Underground Mining Truck, Date of Enter into This Industry

2.9 Heavy-duty Underground Mining Truck Market Competitive Situation and Trends

2.9.1 Heavy-duty Underground Mining Truck Market Concentration Rate

2.9.2 Global 5 and 10 Largest Heavy-duty Underground Mining Truck Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 Heavy-duty Underground Mining Truck Production by Region

3.1 Global Heavy-duty Underground Mining Truck Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global Heavy-duty Underground Mining Truck Production Value by Region (2020-2031)

3.2.1 Global Heavy-duty Underground Mining Truck Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of Heavy-duty Underground Mining Truck by Region (2026-2031)

3.3 Global Heavy-duty Underground Mining Truck Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global Heavy-duty Underground Mining Truck Production Volume by Region (2020-2031)

3.4.1 Global Heavy-duty Underground Mining Truck Production by Region (2020-2025)

3.4.2 Global Forecasted Production of Heavy-duty Underground Mining Truck by Region (2026-2031)

3.5 Global Heavy-duty Underground Mining Truck Market Price Analysis by Region (2020-2025)

3.6 Global Heavy-duty Underground Mining Truck Production and Value, Year-over-Year Growth

3.6.1 North America Heavy-duty Underground Mining Truck Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe Heavy-duty Underground Mining Truck Production Value Estimates and Forecasts (2020-2031)

3.6.3 China Heavy-duty Underground Mining Truck Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan Heavy-duty Underground Mining Truck Production Value Estimates and Forecasts (2020-2031)

4 Heavy-duty Underground Mining Truck Consumption by Region

4.1 Global Heavy-duty Underground Mining Truck Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global Heavy-duty Underground Mining Truck Consumption by Region (2020-2031)

4.2.1 Global Heavy-duty Underground Mining Truck Consumption by Region (2020-2025)

4.2.2 Global Heavy-duty Underground Mining Truck Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America Heavy-duty Underground Mining Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America Heavy-duty Underground Mining Truck Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe Heavy-duty Underground Mining Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe Heavy-duty Underground Mining Truck Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific Heavy-duty Underground Mining Truck Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific Heavy-duty Underground Mining Truck Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa Heavy-duty Underground Mining Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa Heavy-duty Underground Mining Truck Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global Heavy-duty Underground Mining Truck Production by Type (2020-2031)

5.1.1 Global Heavy-duty Underground Mining Truck Production by Type (2020-2025)

5.1.2 Global Heavy-duty Underground Mining Truck Production by Type (2026-2031)

5.1.3 Global Heavy-duty Underground Mining Truck Production Market Share by Type (2020-2031)

5.2 Global Heavy-duty Underground Mining Truck Production Value by Type (2020-2031)

5.2.1 Global Heavy-duty Underground Mining Truck Production Value by Type (2020-2025)

5.2.2 Global Heavy-duty Underground Mining Truck Production Value by Type (2026-2031)

5.2.3 Global Heavy-duty Underground Mining Truck Production Value Market Share by Type (2020-2031)

5.3 Global Heavy-duty Underground Mining Truck Price by Type (2020-2031)

6 Segment by Application

6.1 Global Heavy-duty Underground Mining Truck Production by Application (2020-2031)

6.1.1 Global Heavy-duty Underground Mining Truck Production by Application (2020-2025)

6.1.2 Global Heavy-duty Underground Mining Truck Production by Application (2026-2031)

6.1.3 Global Heavy-duty Underground Mining Truck Production Market Share by Application (2020-2031)

6.2 Global Heavy-duty Underground Mining Truck Production Value by Application (2020-2031)

6.2.1 Global Heavy-duty Underground Mining Truck Production Value by Application (2020-2025)

6.2.2 Global Heavy-duty Underground Mining Truck Production Value by Application (2026-2031)

6.2.3 Global Heavy-duty Underground Mining Truck Production Value Market Share by Application (2020-2031)

6.3 Global Heavy-duty Underground Mining Truck Price by Application (2020-2031)

7 Key Companies Profiled

7.1 Caterpillar

7.1.1 Caterpillar Heavy-duty Underground Mining Truck Company Information

7.1.2 Caterpillar Heavy-duty Underground Mining Truck Product Portfolio

7.1.3 Caterpillar Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.1.4 Caterpillar Main Business and Markets Served

7.1.5 Caterpillar Recent Developments/Updates

7.2 Komatsu

7.2.1 Komatsu Heavy-duty Underground Mining Truck Company Information

7.2.2 Komatsu Heavy-duty Underground Mining Truck Product Portfolio

7.2.3 Komatsu Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.2.4 Komatsu Main Business and Markets Served

7.2.5 Komatsu Recent Developments/Updates

7.3 Sandvik

7.3.1 Sandvik Heavy-duty Underground Mining Truck Company Information

7.3.2 Sandvik Heavy-duty Underground Mining Truck Product Portfolio

7.3.3 Sandvik Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Sandvik Main Business and Markets Served

7.3.5 Sandvik Recent Developments/Updates

7.4 Epiroc

7.4.1 Epiroc Heavy-duty Underground Mining Truck Company Information

7.4.2 Epiroc Heavy-duty Underground Mining Truck Product Portfolio

7.4.3 Epiroc Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Epiroc Main Business and Markets Served

7.4.5 Epiroc Recent Developments/Updates

7.5 Euclid-Hitachi Heavy Equipment

7.5.1 Euclid-Hitachi Heavy Equipment Heavy-duty Underground Mining Truck Company Information

7.5.2 Euclid-Hitachi Heavy Equipment Heavy-duty Underground Mining Truck Product Portfolio

7.5.3 Euclid-Hitachi Heavy Equipment Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.5.4 Euclid-Hitachi Heavy Equipment Main Business and Markets Served

7.5.5 Euclid-Hitachi Heavy Equipment Recent Developments/Updates

7.6 XCMG Construction Machinery Co., Ltd.

7.6.1 XCMG Construction Machinery Co., Ltd. Heavy-duty Underground Mining Truck Company Information

7.6.2 XCMG Construction Machinery Co., Ltd. Heavy-duty Underground Mining Truck Product Portfolio

7.6.3 XCMG Construction Machinery Co., Ltd. Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.6.4 XCMG Construction Machinery Co., Ltd. Main Business and Markets Served

7.6.5 XCMG Construction Machinery Co., Ltd. Recent Developments/Updates

7.7 Sany Heavy Industry Co., Ltd.

7.7.1 Sany Heavy Industry Co., Ltd. Heavy-duty Underground Mining Truck Company Information

7.7.2 Sany Heavy Industry Co., Ltd. Heavy-duty Underground Mining Truck Product Portfolio

7.7.3 Sany Heavy Industry Co., Ltd. Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Sany Heavy Industry Co., Ltd. Main Business and Markets Served

7.7.5 Sany Heavy Industry Co., Ltd. Recent Developments/Updates

7.8 Guangxi Liugong Machinery Co., Ltd.

7.8.1 Guangxi Liugong Machinery Co., Ltd. Heavy-duty Underground Mining Truck Company Information

7.8.2 Guangxi Liugong Machinery Co., Ltd. Heavy-duty Underground Mining Truck Product Portfolio

7.8.3 Guangxi Liugong Machinery Co., Ltd. Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Guangxi Liugong Machinery Co., Ltd. Main Business and Markets Served

7.8.5 Guangxi Liugong Machinery Co., Ltd. Recent Developments/Updates

7.9 Lingong Group Jinan Heavy Machinery Co., Ltd.

7.9.1 Lingong Group Jinan Heavy Machinery Co., Ltd. Heavy-duty Underground Mining Truck Company Information

7.9.2 Lingong Group Jinan Heavy Machinery Co., Ltd. Heavy-duty Underground Mining Truck Product Portfolio

7.9.3 Lingong Group Jinan Heavy Machinery Co., Ltd. Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Lingong Group Jinan Heavy Machinery Co., Ltd. Main Business and Markets Served

7.9.5 Lingong Group Jinan Heavy Machinery Co., Ltd. Recent Developments/Updates

7.10 Zoomlion Heavy Industry Science & Technology Co., Ltd.

7.10.1 Zoomlion Heavy Industry Science & Technology Co., Ltd. Heavy-duty Underground Mining Truck Company Information

7.10.2 Zoomlion Heavy Industry Science & Technology Co., Ltd. Heavy-duty Underground Mining Truck Product Portfolio

7.10.3 Zoomlion Heavy Industry Science & Technology Co., Ltd. Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.10.4 Zoomlion Heavy Industry Science & Technology Co., Ltd. Main Business and Markets Served

7.10.5 Zoomlion Heavy Industry Science & Technology Co., Ltd. Recent Developments/Updates

7.11 Xiamen XGMA Machinery Co., Ltd.

7.11.1 Xiamen XGMA Machinery Co., Ltd. Heavy-duty Underground Mining Truck Company Information

7.11.2 Xiamen XGMA Machinery Co., Ltd. Heavy-duty Underground Mining Truck Product Portfolio

7.11.3 Xiamen XGMA Machinery Co., Ltd. Heavy-duty Underground Mining Truck Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Xiamen XGMA Machinery Co., Ltd. Main Business and Markets Served

7.11.5 Xiamen XGMA Machinery Co., Ltd. Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 Heavy-duty Underground Mining Truck Industry Chain Analysis

8.2 Heavy-duty Underground Mining Truck Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 Heavy-duty Underground Mining Truck Production Mode & Process Analysis

8.4 Heavy-duty Underground Mining Truck Sales and Marketing

8.4.1 Heavy-duty Underground Mining Truck Sales Channels

8.4.2 Heavy-duty Underground Mining Truck Distributors

8.5 Heavy-duty Underground Mining Truck Customer Analysis

9 Heavy-duty Underground Mining Truck Market Dynamics

9.1 Heavy-duty Underground Mining Truck Industry Trends

9.2 Heavy-duty Underground Mining Truck Market Drivers

9.3 Heavy-duty Underground Mining Truck Market Challenges

9.4 Heavy-duty Underground Mining Truck Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

Xcmg Construction Machinery Co.,Ltd

Sany Heavy Industry Co. Ltd.

Guangxi Liugong Machinery Co., Ltd.

Lingong Group Jinan Heavy Machinery Co., Ltd.

Zoomlion Heavy Industry Science&Technology Co., Ltd

Xiamen XGMA Machinery Co., Ltd

Euclid-Hitachi Heavy Equipment

List of Tables

Table 1. Global Heavy-duty Underground Mining Truck Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global Heavy-duty Underground Mining Truck Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global Heavy-duty Underground Mining Truck Production Capacity (Units) by Manufacturers in 2024

Table 4. Global Heavy-duty Underground Mining Truck Production by Manufacturers (2020-2025) & (Units)

Table 5. Global Heavy-duty Underground Mining Truck Production Market Share by Manufacturers (2020-2025)

Table 6. Global Heavy-duty Underground Mining Truck Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global Heavy-duty Underground Mining Truck Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of Heavy-duty Underground Mining Truck, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Heavy-duty Underground Mining Truck as of 2024)

Table 10. Global Market Heavy-duty Underground Mining Truck Average Price by Manufacturers (US$/Unit) & (2020-2025)

Table 11. Global Key Manufacturers of Heavy-duty Underground Mining Truck, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of Heavy-duty Underground Mining Truck, Product Offered and Application

Table 13. Global Key Manufacturers of Heavy-duty Underground Mining Truck, Date of Enter into This Industry

Table 14. Global Heavy-duty Underground Mining Truck Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Heavy-duty Underground Mining Truck Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Heavy-duty Underground Mining Truck Production Value (US$ Million) by Region (2020-2025)

Table 18. Global Heavy-duty Underground Mining Truck Production Value Market Share by Region (2020-2025)

Table 19. Global Heavy-duty Underground Mining Truck Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global Heavy-duty Underground Mining Truck Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global Heavy-duty Underground Mining Truck Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)

Table 22. Global Heavy-duty Underground Mining Truck Production (Units) by Region (2020-2025)

Table 23. Global Heavy-duty Underground Mining Truck Production Market Share by Region (2020-2025)

Table 24. Global Heavy-duty Underground Mining Truck Production (Units) Forecast by Region (2026-2031)

Table 25. Global Heavy-duty Underground Mining Truck Production Market Share Forecast by Region (2026-2031)

Table 26. Global Heavy-duty Underground Mining Truck Market Average Price (US$/Unit) by Region (2020-2025)

Table 27. Global Heavy-duty Underground Mining Truck Market Average Price (US$/Unit) by Region (2026-2031)

Table 28. Global Heavy-duty Underground Mining Truck Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)

Table 29. Global Heavy-duty Underground Mining Truck Consumption by Region (2020-2025) & (Units)

Table 30. Global Heavy-duty Underground Mining Truck Consumption Market Share by Region (2020-2025)

Table 31. Global Heavy-duty Underground Mining Truck Forecasted Consumption by Region (2026-2031) & (Units)

Table 32. Global Heavy-duty Underground Mining Truck Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America Heavy-duty Underground Mining Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 34. North America Heavy-duty Underground Mining Truck Consumption by Country (2020-2025) & (Units)

Table 35. North America Heavy-duty Underground Mining Truck Consumption by Country (2026-2031) & (Units)

Table 36. Europe Heavy-duty Underground Mining Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 37. Europe Heavy-duty Underground Mining Truck Consumption by Country (2020-2025) & (Units)

Table 38. Europe Heavy-duty Underground Mining Truck Consumption by Country (2026-2031) & (Units)

Table 39. Asia Pacific Heavy-duty Underground Mining Truck Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)

Table 40. Asia Pacific Heavy-duty Underground Mining Truck Consumption by Region (2020-2025) & (Units)

Table 41. Asia Pacific Heavy-duty Underground Mining Truck Consumption by Region (2026-2031) & (Units)

Table 42. Latin America, Middle East & Africa Heavy-duty Underground Mining Truck Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)

Table 43. Latin America, Middle East & Africa Heavy-duty Underground Mining Truck Consumption by Country (2020-2025) & (Units)

Table 44. Latin America, Middle East & Africa Heavy-duty Underground Mining Truck Consumption by Country (2026-2031) & (Units)

Table 45. Global Heavy-duty Underground Mining Truck Production (Units) by Type (2020-2025)

Table 46. Global Heavy-duty Underground Mining Truck Production (Units) by Type (2026-2031)

Table 47. Global Heavy-duty Underground Mining Truck Production Market Share by Type (2020-2025)

Table 48. Global Heavy-duty Underground Mining Truck Production Market Share by Type (2026-2031)

Table 49. Global Heavy-duty Underground Mining Truck Production Value (US$ Million) by Type (2020-2025)

Table 50. Global Heavy-duty Underground Mining Truck Production Value (US$ Million) by Type (2026-2031)

Table 51. Global Heavy-duty Underground Mining Truck Production Value Market Share by Type (2020-2025)

Table 52. Global Heavy-duty Underground Mining Truck Production Value Market Share by Type (2026-2031)

Table 53. Global Heavy-duty Underground Mining Truck Price (US$/Unit) by Type (2020-2025)

Table 54. Global Heavy-duty Underground Mining Truck Price (US$/Unit) by Type (2026-2031)

Table 55. Global Heavy-duty Underground Mining Truck Production (Units) by Application (2020-2025)

Table 56. Global Heavy-duty Underground Mining Truck Production (Units) by Application (2026-2031)

Table 57. Global Heavy-duty Underground Mining Truck Production Market Share by Application (2020-2025)

Table 58. Global Heavy-duty Underground Mining Truck Production Market Share by Application (2026-2031)

Table 59. Global Heavy-duty Underground Mining Truck Production Value (US$ Million) by Application (2020-2025)

Table 60. Global Heavy-duty Underground Mining Truck Production Value (US$ Million) by Application (2026-2031)

Table 61. Global Heavy-duty Underground Mining Truck Production Value Market Share by Application (2020-2025)

Table 62. Global Heavy-duty Underground Mining Truck Production Value Market Share by Application (2026-2031)

Table 63. Global Heavy-duty Underground Mining Truck Price (US$/Unit) by Application (2020-2025)

Table 64. Global Heavy-duty Underground Mining Truck Price (US$/Unit) by Application (2026-2031)

Table 65. Caterpillar Heavy-duty Underground Mining Truck Company Information

Table 66. Caterpillar Heavy-duty Underground Mining Truck Specification and Application

Table 67. Caterpillar Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 68. Caterpillar Main Business and Markets Served

Table 69. Caterpillar Recent Developments/Updates

Table 70. Komatsu Heavy-duty Underground Mining Truck Company Information

Table 71. Komatsu Heavy-duty Underground Mining Truck Specification and Application

Table 72. Komatsu Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 73. Komatsu Main Business and Markets Served

Table 74. Komatsu Recent Developments/Updates

Table 75. Sandvik Heavy-duty Underground Mining Truck Company Information

Table 76. Sandvik Heavy-duty Underground Mining Truck Specification and Application

Table 77. Sandvik Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 78. Sandvik Main Business and Markets Served

Table 79. Sandvik Recent Developments/Updates

Table 80. Epiroc Heavy-duty Underground Mining Truck Company Information

Table 81. Epiroc Heavy-duty Underground Mining Truck Specification and Application

Table 82. Epiroc Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 83. Epiroc Main Business and Markets Served

Table 84. Epiroc Recent Developments/Updates

Table 85. Euclid-Hitachi Heavy Equipment Heavy-duty Underground Mining Truck Company Information

Table 86. Euclid-Hitachi Heavy Equipment Heavy-duty Underground Mining Truck Specification and Application

Table 87. Euclid-Hitachi Heavy Equipment Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 88. Euclid-Hitachi Heavy Equipment Main Business and Markets Served

Table 89. Euclid-Hitachi Heavy Equipment Recent Developments/Updates

Table 90. XCMG Construction Machinery Co., Ltd. Heavy-duty Underground Mining Truck Company Information

Table 91. XCMG Construction Machinery Co., Ltd. Heavy-duty Underground Mining Truck Specification and Application

Table 92. XCMG Construction Machinery Co., Ltd. Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 93. XCMG Construction Machinery Co., Ltd. Main Business and Markets Served

Table 94. XCMG Construction Machinery Co., Ltd. Recent Developments/Updates

Table 95. Sany Heavy Industry Co., Ltd. Heavy-duty Underground Mining Truck Company Information

Table 96. Sany Heavy Industry Co., Ltd. Heavy-duty Underground Mining Truck Specification and Application

Table 97. Sany Heavy Industry Co., Ltd. Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 98. Sany Heavy Industry Co., Ltd. Main Business and Markets Served

Table 99. Sany Heavy Industry Co., Ltd. Recent Developments/Updates

Table 100. Guangxi Liugong Machinery Co., Ltd. Heavy-duty Underground Mining Truck Company Information

Table 101. Guangxi Liugong Machinery Co., Ltd. Heavy-duty Underground Mining Truck Specification and Application

Table 102. Guangxi Liugong Machinery Co., Ltd. Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 103. Guangxi Liugong Machinery Co., Ltd. Main Business and Markets Served

Table 104. Guangxi Liugong Machinery Co., Ltd. Recent Developments/Updates

Table 105. Lingong Group Jinan Heavy Machinery Co., Ltd. Heavy-duty Underground Mining Truck Company Information

Table 106. Lingong Group Jinan Heavy Machinery Co., Ltd. Heavy-duty Underground Mining Truck Specification and Application

Table 107. Lingong Group Jinan Heavy Machinery Co., Ltd. Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 108. Lingong Group Jinan Heavy Machinery Co., Ltd. Main Business and Markets Served

Table 109. Lingong Group Jinan Heavy Machinery Co., Ltd. Recent Developments/Updates

Table 110. Zoomlion Heavy Industry Science & Technology Co., Ltd. Heavy-duty Underground Mining Truck Company Information

Table 111. Zoomlion Heavy Industry Science & Technology Co., Ltd. Heavy-duty Underground Mining Truck Specification and Application

Table 112. Zoomlion Heavy Industry Science & Technology Co., Ltd. Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 113. Zoomlion Heavy Industry Science & Technology Co., Ltd. Main Business and Markets Served

Table 114. Zoomlion Heavy Industry Science & Technology Co., Ltd. Recent Developments/Updates

Table 115. Xiamen XGMA Machinery Co., Ltd. Heavy-duty Underground Mining Truck Company Information

Table 116. Xiamen XGMA Machinery Co., Ltd. Heavy-duty Underground Mining Truck Specification and Application

Table 117. Xiamen XGMA Machinery Co., Ltd. Heavy-duty Underground Mining Truck Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 118. Xiamen XGMA Machinery Co., Ltd. Main Business and Markets Served

Table 119. Xiamen XGMA Machinery Co., Ltd. Recent Developments/Updates

Table 120. Key Raw Materials Lists

Table 121. Raw Materials Key Suppliers Lists

Table 122. Heavy-duty Underground Mining Truck Distributors List

Table 123. Heavy-duty Underground Mining Truck Customers List

Table 124. Heavy-duty Underground Mining Truck Market Trends

Table 125. Heavy-duty Underground Mining Truck Market Drivers

Table 126. Heavy-duty Underground Mining Truck Market Challenges

Table 127. Heavy-duty Underground Mining Truck Market Restraints

Table 128. Research Programs/Design for This Report

Table 129. Key Data Information from Secondary Sources

Table 130. Key Data Information from Primary Sources

Table 131. Authors List of This Report

List of Figures

Figure 1. Product Picture of Heavy-duty Underground Mining Truck

Figure 2. Global Heavy-duty Underground Mining Truck Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global Heavy-duty Underground Mining Truck Market Share by Type: 2024 VS 2031

Figure 4. Diesel Product Picture

Figure 5. Electric Product Picture

Figure 6. Hybrid Product Picture

Figure 7. Global Heavy-duty Underground Mining Truck Market Value by Application, (US$ Million) & (2020-2031)

Figure 8. Global Heavy-duty Underground Mining Truck Market Share by Application: 2024 VS 2031

Figure 9. Mining

Figure 10. Tunnel Engineering

Figure 11. Other

Figure 12. Global Heavy-duty Underground Mining Truck Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 13. Global Heavy-duty Underground Mining Truck Production Value (US$ Million) & (2020-2031)

Figure 14. Global Heavy-duty Underground Mining Truck Production Capacity (Units) & (2020-2031)

Figure 15. Global Heavy-duty Underground Mining Truck Production (Units) & (2020-2031)

Figure 16. Global Heavy-duty Underground Mining Truck Average Price (US$/Unit) & (2020-2031)

Figure 17. Heavy-duty Underground Mining Truck Report Years Considered

Figure 18. Heavy-duty Underground Mining Truck Production Share by Manufacturers in 2024

Figure 19. Global Heavy-duty Underground Mining Truck Production Value Share by Manufacturers (2024)

Figure 20. Heavy-duty Underground Mining Truck Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 21. The Global 5 and 10 Largest Players: Market Share by Heavy-duty Underground Mining Truck Revenue in 2024

Figure 22. Global Heavy-duty Underground Mining Truck Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 23. Global Heavy-duty Underground Mining Truck Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 24. Global Heavy-duty Underground Mining Truck Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)

Figure 25. Global Heavy-duty Underground Mining Truck Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 26. North America Heavy-duty Underground Mining Truck Production Value (US$ Million) Growth Rate (2020-2031)

Figure 27. Europe Heavy-duty Underground Mining Truck Production Value (US$ Million) Growth Rate (2020-2031)

Figure 28. China Heavy-duty Underground Mining Truck Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Japan Heavy-duty Underground Mining Truck Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. Global Heavy-duty Underground Mining Truck Consumption by Region: 2020 VS 2024 VS 2031 (Units)

Figure 31. Global Heavy-duty Underground Mining Truck Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 32. North America Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 33. North America Heavy-duty Underground Mining Truck Consumption Market Share by Country (2020-2031)

Figure 34. U.S. Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 35. Canada Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 36. Europe Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 37. Europe Heavy-duty Underground Mining Truck Consumption Market Share by Country (2020-2031)

Figure 38. Germany Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 39. France Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 40. U.K. Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 41. Italy Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 42. Netherlands Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 43. Asia Pacific Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 44. Asia Pacific Heavy-duty Underground Mining Truck Consumption Market Share by Region (2020-2031)

Figure 45. China Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 46. Japan Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 47. South Korea Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 48. China Taiwan Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 49. Southeast Asia Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 50. India Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 51. Latin America, Middle East & Africa Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 52. Latin America, Middle East & Africa Heavy-duty Underground Mining Truck Consumption Market Share by Country (2020-2031)

Figure 53. Mexico Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 54. Brazil Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 55. Turkey Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 56. GCC Countries Heavy-duty Underground Mining Truck Consumption and Growth Rate (2020-2031) & (Units)

Figure 57. Global Production Market Share of Heavy-duty Underground Mining Truck by Type (2020-2031)

Figure 58. Global Production Value Market Share of Heavy-duty Underground Mining Truck by Type (2020-2031)

Figure 59. Global Heavy-duty Underground Mining Truck Price (US$/Unit) by Type (2020-2031)

Figure 60. Global Production Market Share of Heavy-duty Underground Mining Truck by Application (2020-2031)

Figure 61. Global Production Value Market Share of Heavy-duty Underground Mining Truck by Application (2020-2031)

Figure 62. Global Heavy-duty Underground Mining Truck Price (US$/Unit) by Application (2020-2031)

Figure 63. Heavy-duty Underground Mining Truck Value Chain

Figure 64. Channels of Distribution (Direct Vs Distribution)

Figure 65. Bottom-up and Top-down Approaches for This Report

Figure 66. Data Triangulation

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