Global Roadheader Market Growth 2023-2029

Global Roadheader Market Growth 2023-2029

Product Code:456961

Published Date: Feb 08,2023

Pages: 101

Region: Global

Category: Machinery & Equipment

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Roadheader is kind of combine machine which could realize cutting, load, conveyor, automatic moving, spreading fog and cleaning dust. It almost uses on tunnel of coal mine, at recent years, the range of working of roadheader is greatly developing. It becomes mainly using on highway, railway, metro, national defense engineering project, water conservancy project, nonferrous metal and nonmetal mining tunnel, and mining exploring, etc.

LPI (LP Information)' newest research report, the “Roadheader Industry Forecast” looks at past sales and reviews total world Roadheader sales in 2022, providing a comprehensive analysis by region and market sector of projected Roadheader sales for 2023 through 2029. With Roadheader sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Roadheader industry.

This Insight Report provides a comprehensive analysis of the global Roadheader landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Roadheader portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Roadheader market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Roadheader and breaks down the forecast by cutting power, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Roadheader.

The global Roadheader market size is projected to grow from US$ 366.8 million in 2022 to US$ 461.1 million in 2029; it is expected to grow at a CAGR of 461.1 from 2023 to 2029.

Global Roadheader main players include Sandvik, SANY GROUP, XCMG, Antraquip, BBM Group, Famur, Sunward, Mitsui Miike Machinery, DHMS, MSB Schmittwerke, etc., totally accounting for about 76%. Asia-Pacific is the largest market, with a share over 46%. As for the types of products, it can be divided into less than 100 kW, 100-300 kW and more than 300 kW. The most common product is 100-300 kW, holding a share over 72%. In terms of applications, it is widely used in coal mine, roadway development, rock and others. The most application is coal mine, with a share over 60%.

This report presents a comprehensive overview, market shares, and growth opportunities of Roadheader market by product cutting power, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by cutting power
    Less Than 100 kW
    100-300 kW
    More Than 300 kW

Segmentation by application
    Coal Mine
    Roadway Development
    Rock
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Sandvik
    SANY GROUP
    XCMG
    Antraquip
    BBM Group
    Famur
    Sunward
    Mitsui Miike Machinery
    DHMS
    MSB Schmittwerke

Key Questions Addressed in this Report
What is the 10-year outlook for the global Roadheader market?
What factors are driving Roadheader market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Roadheader market opportunities vary by end market size?
How does Roadheader break out cutting power, application?
What are the influences of COVID-19 and Russia-Ukraine war?