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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
INTRODUCTION
During coal or mineral mining and extraction, hydraulic mining shovels are electrically powered machines that are frequently used for digging and loading fragmented rock, ore, and overburden into haul trucks. These adaptable machines are typically found in surface mines but can be used for a wide variety of mining operations.
hydraulic mining is the process of removing minerals from unconsolidated materials using a powerful jet of water. These materials include mine tailings, placer deposits, alluvium, laterites (soil rich in iron oxides), and saprolites (soil rich in clay).
Since the 1970s, the hydraulic mining shovel has been widely used for loading coal and rocks. The hydraulic power transmission system reduces the complexity of the power train and eliminates a number of the loading shovel's mechanical parts.
The system is not very sophisticated to warrant complexity of adoption, higher output per working face results in steeply inclined seams, and winning coal is not hindered by bringing face support.
GLOBAL HYDRAULIC MINING EXCAVATOR MARKET SIZE AND FORECAST
The Global Hydraulic Mining Excavator market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
NEW PRODUCT LAUNCH
After a year of field experience in Australia, the largest market for 600-ton class excavators, the popular R 996B's successor enters the market. This new product is based on the successful R 9800 800-ton excavator and is the result of years of customer-centric research. eight units will be operating in Australia.
At the end of this year, serial production of the R 9600 will begin. The input of customers has been crucial to the development of this new machine.
In order to have a clear understanding of the difficulties that miners face on a daily basis, the engineering, sales, and marketing teams have gathered feedback and insights from procurement groups, maintenance personnel, operators of mine site equipment, and executive management.
In terms of safety, sustainability, performance, lifetime, Total Cost of Ownership (TCO), ease of maintenance, and other factors, the new R 9600 intends to meet the highest standards.
The first R 9600 pre-series excavators began working in iron ore and coal applications in Australia at the beginning of 2020, following the testing of the initial prototypes at the factory proving grounds in Colmar, France.
The partnered validation of the first two units in the field was initiated by Liebherr and its two major customers, BHP and Thiess. The R 9600 is prepared to enter the global market thanks to this validation phase.
COMPANY PROFILE
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |