Global demand for mining machines is steadily rising | Shandong Hemei Heavy Industry is leading the trend of intelligent and electrified mining equipment.

From January 8th to January 12th, 2026, the global mining machinery and engineering equipment industry continued its steady growth trend, demonstrating new market prospects in technological innovation, export growth, and the deployment of intelligent equipment. With the recovery of global mining investment and the mining market, the demand for heavy mining equipment such as inclined shaft muck loaders, mining muck loaders, and mining electric excavators continued to grow, bringing clear market opportunities to equipment manufacturers. Industry Data Highlights: Mining Machinery Market Expands and Exports Accelerate According to data from industry research institutions, the global mining equipment market size approached US$133 billion in 2025 and is projected to grow to approximately US$229.2 billion by 2035, with a compound annual growth rate of approximately 5.59% over the next decade, reflecting the long-term growth potential of the mining machinery market. Underground mining equipment, as an important sub-market, is also expected to experience significant growth momentum. In addition, sales data for earthmoving machinery and excavators show that domestic and export sales in November increased year-on-year, with both export and domestic demand for excavators accelerating, reflecting the continued demand for high-performance equipment in the global construction machinery market. Industry research also points out that exports of mining machinery products have increased significantly year-on-year, especially large-tonnage excavators, which have become one of the growth engines, driven by both global demand for mineral development and demand for mining machinery replacement and upgrading.

These market data indicate that against the backdrop of stable growth in traditional infrastructure and mining investment, efficient, intelligent, and reliable mining equipment is becoming a key choice for mining companies to upgrade their equipment and improve production efficiency.

? Intelligent and electrified equipment drives industry transformation

The mining machinery industry is moving towards intelligent and electrified technologies. Global mining equipment manufacturers are actively adopting technologies such as digital control, remote monitoring, and autonomous navigation to improve equipment efficiency and safety.

Intelligent mining machines not only improve operational efficiency but also enhance on-site safety management in mines. Furthermore, export growth and international market expansion have provided new avenues for mining machine manufacturers. Chinese-made mining equipment, with its high cost-effectiveness and reliable performance, has gained widespread attention in multiple international markets.

As global mining companies continue to expand capital expenditures, the demand for equipment upgrades will be further released, providing long-term growth opportunities for mining machinery equipment manufacturers.

In summary, based on industry dynamics from January 8th to January 12th, the global mining machinery industry is entering a new phase of steady growth driven by technology.