Mining Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Longwall Shearers
Overview
Market size
$1.7B
global, USD
CAGR
4.6%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
5
tracked players
Signals
12
monitored
Market outlook
2031$2.2B
What changed
Demand by region
China demand65%
Australia demand15%
North America demand10%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
High-Grade Steel and Castings35%
Precision Gearing and Electric Motors25%
Hydraulic Systems and Controls20%
Specialized Engineering and Assembly Labor12%
Logistics and Factory Overhead8%
share of delivered cost (analyst estimate)