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North America Underground Mining Vehicle Market Snapshot (2023 to 2033)

The North America underground mining vehicle market is expected to attain a valuation of US$ 4,891.72 million in 2023 and is projected to reach US$ 8,795.08 million by 2033, trailing a CAGR of 6% during the forecast period.

The demand for mining tools, such as surface mining tools, crushers, drills, and breakers, is rising, leading to an increase in the equipment used. Manufacturers are primarily focused on developing environmentally friendly mining equipment and highly reliable machines that do not harm the environment. Developing countries are also adopting hybrid technology in the manufacturing of mining equipment to promote sustainability. This trend supports the market for environmentally friendly equipment and drives its further growth.

The steady economic growth in developed and developing regions, along with increased disposable income and a growing middle-class population, has led to a substantial increase in demand for various minerals, such as iron, gold, copper, coal, lead, aluminum, and silver. Consequently, there is a surge in demand for underground mining machinery.

The United States regularly mines a wide range of commodities, including crushed rock, cement, gold, construction materials, industrial sand, gravel, iron ore, copper, and more. The industry is expected to experience growth driven by increasing demand for coal, gas, and oil sands, coupled with ongoing technological advancements.

The mining industry necessitates significant energy for resource extraction and protection, involving various refining and concentration processes. With the decrease in average copper ore grade, energy consumption and total material production have increased, driving the demand for high-performance mining vehicle and equipment in the United States.

Report Attribute Details
Expected Market Value (2023) US$ 4,891.72 million
Anticipated Forecast Value (2033) US$ 8,795.08 million
Projected Growth Rate (2023 to 2033) CAGR of 6%

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2018 to 2022 North America Underground Mining Vehicle Demand Analysis vs. Forecast 2023 to 2033

The North America underground mining vehicle market was worth US$ 3,550 million in 2018. It accumulated a market value of US$ 4,286.7 million in 2022 while growing at a CAGR of 4.8% during the historical period.

Driven by increase investment for extraction of minerals and ores in mining industry and rapid industrialization across Canada, Mexico and the U.S., the North America underground mining vehicle market will rise at 6% CAGR between 2023 and 2033.

Coal mining has experienced rapid growth in past few years across North America due to which industries are expanding their production capacities. Consumption of coal across North America has increased past few years, leading to increased mining activities to extract the remaining coal for generating power and other sources.

Underground mining vehicle are gaining popularity due to their durability and wide range of applications in diverse end-use industries. As per Future Market Insights, rental service providers are the preferred owners in various sectors due to easy availability and cost-effectiveness. Leading manufacturers are focusing on expansion of their product portfolio. Increasing investments on research & development activities to improve the durability and efficiency will aid the growth.

The underground mining vehicles are also being most popular for their LPDT, LHD, and underground haulers for transporting the materials from the mine to the preferred location where the material is then further processed. Shearers are the major ground support/production unit which used for the extraction of the coal and ore form the mine and also used to make small granules of the metal/material rocks.

Comparative View of the Adjacent Markets

North America Underground Mining Vehicle Market:

Attributes North America Underground Mining Vehicle Market
CAGR (2023 to 2033) 6%
Market Value (2033) US$ 8,795.08 million
Growth Factor The increasing demand for precious metals and flourishing mining industry in the region is expected to drive market growth.
Opportunity Increasing use of fully automated vehicles that offer higher efficiency are going to create lucrative opportunities for industry players to expand their product portfolio.

Latin America Mining Equipment Market:

Attributes Latin America Mining Equipment Market
CAGR (2023 to 2033) 3.8%
Market Value (2033) US$ 4,920 million
Growth Factor the increasing demand for materials such as diamond, uranium, zinc, gold, lead, coal, tin, copper, and nickel is projected to boost the growth of the mining sector and drive the growth in the Latin American mining equipment market over the forecast period.
Opportunity Use of remote operating centers in operating the mining equipment’s and enhancements in automation of these equipment is expected to present numerous opportunities for market expansion.

Underground Mining Equipment Market:

Attributes Underground Mining Equipment Market
CAGR (2023 to 2033) 2.3%
Market Value (2033) US$ 20.55 billion
Growth Factor The growing demand for hard elements such as gold, silver, iron, copper, zinc, tin, and lead is expected to fuel the market growth.
Opportunity The increasing application of robotics with autonomous vehicles is increasing the productivity and efficiency of mining operations, thereby present various opportunities for market growth.
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Country-wise Insights

How big is the Opportunity for Underground Mining Vehicle Market in the United States?

The United States is expected to hold prominent share during the forecast period, according to Future Market Insights. The United States is expected to account for nearly 38%of the North America market through 2033. The market in this region is expected to grow with a CAGR of 6.2% during the forecast period.

The United States' mining and excavation industry is one of the main factors supporting the market growth. Presence of numerous rental service providers across the United States will aid the growth.

As underground mining vehicle owners are looking to curb the maintenance cost, key players are eyeing the United States underground mining vehicle market through long term partnerships with small mine operator. The metal mining application segment will witness steady growth and outpace the coal mining segment in the coming years as the demand for precious metals is rising in the United States.

Why is Demand for Underground Mining Vehicles Increasing in Canada?

Demand for underground mining vehicles in Canada is expected to rise at nearly 6% CAGR over the forecast period. Owing to its development in the mining sector, Canada is one of the prominent nation in the mining industry.

With increasing mining activities across Canada, the market outlook is expected to witness steady growth. Increasing production of coal across the country will increase the sales of underground mining vehicles. As per FMI, production equipment shows moderate growth in as other applications such as non-metallic minerals mining are also expected to increase.

What is driving the Growth of Underground Mining Vehicle across Mexico?

The market is expected to witness steady growth as underground mining activities across Mexico gains traction. It is expected to account for over 22%of North America’s underground mining vehicles sales throughout the forecast period. The demand in for mining vehicles in this region is expected to grow with a CAGR of 5.8% during the forecast period.

The market outlook in the Mexico is moderate as the sales of ground support equipment and production equipment rises in the country. Due to lack of government support for mining activities, preference for rental underground mining vehicles service is driving the adoption.

Category-wise Insights

Why is the Demand for Ground Support in Underground Mining Vehicle Rising?

Based on underground mining vehicles equipment, ground support is leading the segment, accounting for nearly 42% of the market in 2023. The demand from this segment is expected to rise with a CAGR of 6.5% during the forecast period.

Increasing demand for roof bolter, shearers, and scalers in the underground mining for extraction of the metals, coal and other ores is driving the segment growth.

Which type of Application have Higher Growth in the Future?

Metal mining and non-metallic mining is expected to witness higher growth in the future as the application of coal mining is increasing. Rising metallic and non-metallic mining activities such as mining of precious metals and others are growing rapidly, boosting the segment growth.

Metallic and non-metallic mining, collectively, will have a market share of nearly 65%. The demand from metal mining is expected to grow with a CAGR of 6.8% during the forecast period.

Why are Rental Service Providers Gaining Popularity in the Market?

The rental service providers segment are expected to contribute for over 40% of market share in 2023. The segment share is expected to increase in near future as the new vehicles prices are high.

Due to the high presence of local players in mining industry, to cut down the high initial investment and reduce maintenance cost, owners opt for rental service for underground mining vehicles.

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Start-ups in North America Underground Mining Vehicle Market

Start-ups play a vital role in identifying growth opportunities in the North America underground mining vehicle market. Their ability to convert inputs into outputs and navigate market uncertainties contributes to the industry's growth. A few of the startups are as follows:

  • Artisan Vehicles is a leading manufacturer of electric vehicles for underground mining. Their state-of-the-art technology includes electric and hybrid systems powered by Lithium batteries and high-performance electric motors.
  • Surestar specializes in developing imaging LiDAR solutions and laser scanners. Their product line consists of various navigation and mapping laser radar equipment and systems, including navigation obstacle systems, airborne LiDAR, laser scanners, and laser radar systems. These solutions find applications in multiple industries such as power, mining, 3D modeling, surveying, mapping, and large-area mapping.
  • Boreton Technology develops heavy-duty electric trucks, including electric tractors for mining and port applications, electric dump trucks for urban construction, and electric muck trucks for urban construction.

Competitive Landscape

The market for North America underground mining vehicle is highly competitive, with numerous prominent industry players making substantial investments in increasing their manufacturing capabilities.

The key industry players Caterpillar Inc., Sandvik AB, Epiroc AB, Komatsu Ltd., Boart Longyear Ltd., Hitachi Construction Machinery, Hermann Paus Maschienfabrik GmbH, Timberland Equipment, Getman Corporation, Kovatera Inc., Maccaferri Inc. Liebherr Group, Sany Heavy Industry Co. Ltd., Volvo Construction Equipment, Astec Industries Inc, J.C. Bamford Excavators Ltd. (JCB), Normet, Maclean Engineering and Marketing Co., J.H. Fletcher and Co.

Some key developments in the North America underground mining vehicle market are:

  • In February 2022, Sandvik AB obtained a US$ 213.3 million contract from BHP Group Ltd for underground mining equipment and automation products at the Jansen Potash project in Canada. The delivery of equipment is scheduled to commence in Q3 2023 and continue until 2026.
  • In September 2021, Caterpillar launched several new offerings, including a battery-electric loader, electric and diesel drive technologies, and expansions to its automation platform. The electric Cat R1700 XE Load Haul Dump (LHD) provides 100% battery-electric propulsion, while the portable Cat MEC500 Mobile Equipment Charger enables fast charging.
  • In March 2021, Epiroc announced its acquisition of Meglab, a technology company based in Val-D'Or, Quebec. Meglab specializes in designing, manufacturing, installing, and supporting electrification and telecommunications infrastructure solutions.
  • In March 2021, Liebherr unveiled the T 274, a 305-ton mining truck. The T 274 features a powerful dynamic braking system of 4,500 kW/6,035 HP, enabling efficient operation during downhill hauls.

Report Scope

Report Attribute Details
Market Value in 2023 US$ 4,891.72 million
Market Value in 2033 US$ 8,795.08 million
Growth Rate CAGR of 6% from 2023 to 2033
Base Year for Estimation 2022
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Revenue in US$ million and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered
  • Equipment Type
  • Ownership
  • Application
  • Country
Regions Covered North America
Key Countries Profiled
  • United States
  • Canada
Key Companies Profiled
  • Caterpillar Inc.
  • Sandvik AB
  • Epiroc AB
  • Komatsu Ltd.
  • Boart Longyear Ltd.
  • Hitachi Construction Machinery
  • Liebherr Group
  • Sany Heavy Industry Co. Ltd.
  • Volvo Construction Equipment
  • Astec Industries Inc.
  • J.C. Bamford Excavators Ltd. (JCB)
  • Normet
  • Maclean Engineering and Marketing Co.
  • J.H. Fletcher and Co.
  • Hermann Paus Maschienfabrik GmbH
  • Timberland Equipment
  • Getman Corporation
  • Kovatera Inc.
  • Maccaferri Inc.
Customization & Pricing Available Upon Request

Key Segments Profiled in the North America Underground Mining Vehicle Industry Survey

By Equipment Type:

  • Ground Support
    • Roof Bolter
    • Scalers
    • Shotcrete Sprayers
    • Shearers
  • Production Equipment
    • LPDT
    • LHD
    • Underground Haulers
    • Scrapers
    • Dozers
    • Mining Drills
    • Continuous Miners
    • Mining Excavators and Shovels
    • Others (Shaft Sinking Equipment, Feeder Breaker, etc.)
  • Utility Equipment
    • Scissor Lift
    • Personnel Carrier Truck
    • Boom Truck
    • Fuel Lube Trucks
    • Remixers
    • Others

By Ownership:

  • Mining Operators
  • Rental Service Provider

By Application:

  • Coal Mining
  • Metallic Mining
    • Precious Metals Mining
    • Non-Precious Metals Mining
  • Non-Metallic Minerals Mining

By Country:

  • United States
  • Canada

Frequently Asked Questions

What is the Projected Size of the Market by 2033?

The global market size is predicted to be worth US$ 3,885.7 million by 2033.

Who are the Key Players in the North America Underground Mining Vehicle Market?

Caterpiller Inc, Normet and Sandvik AB are the key players in the global market.

What is the Growth Potential of the North America Underground Mining Vehicle Market?

The growth potential of the market is 6% through 2033.

What Limits the Growth Potential of the Market?

The rising costs are likely to restrain market growth.

What is the United States’ Expected Share by 2033?

The United States is expected to secure a share of 38% by 2033.

Table of Content

1. Executive Summary

    1.1. Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyers

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Equipment Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Equipment Type, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Equipment Type, 2023 to 2033

        5.3.1. Ground Support

            5.3.1.1. Roof Bolter

            5.3.1.2. Scalers

            5.3.1.3. Shotcrete Sprayers

            5.3.1.4. Shearers

        5.3.2. Production Equipment

            5.3.2.1. LPDT

            5.3.2.2. LHD

            5.3.2.3. Underground Haulers

            5.3.2.4. Scrapers

            5.3.2.5. Dozers

            5.3.2.6. Mining Drills

            5.3.2.7. Continuous Miners

            5.3.2.8. Mining Excavators and Shovels

            5.3.2.9. Others

        5.3.3. Utility Equipment

            5.3.3.1. Scissor Lift

            5.3.3.2. Personnel Carrier Truck

            5.3.3.3. Boom Truck

            5.3.3.4. Fuel Lube Trucks

            5.3.3.5. Others

    5.4. Y-o-Y Growth Trend Analysis By Equipment Type, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Equipment Type, 2023 to 2033

6. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Ownership

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Ownership, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Ownership, 2023 to 2033

        6.3.1. Mining Operators

        6.3.2. Rental Service Provider

    6.4. Y-o-Y Growth Trend Analysis By Ownership, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Ownership, 2023 to 2033

7. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022

    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033

        7.3.1. Coal Mining

        7.3.2. Metallic Mining

            7.3.2.1. Precious Metals Mining

            7.3.2.2. Non-Precious Metals Mining

        7.3.3. Non-Metallic Minerals Mining

    7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022

    7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033

8. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022

    8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033

        8.3.1. North America

    8.4. Market Attractiveness Analysis By Region

9. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        9.2.1. By Country

            9.2.1.1. USA

            9.2.1.2. Canada

        9.2.2. By Equipment Type

        9.2.3. By Ownership

        9.2.4. By Application

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Equipment Type

        9.3.3. By Ownership

        9.3.4. By Application

    9.4. Key Takeaways

10. Key Countries Underground Mining Vehicle Market Analysis

    10.1. USA

        10.1.1. Pricing Analysis

        10.1.2. Market Share Analysis, 2022

            10.1.2.1. By Equipment Type

            10.1.2.2. By Ownership

            10.1.2.3. By Application

    10.2. Canada

        10.2.1. Pricing Analysis

        10.2.2. Market Share Analysis, 2022

            10.2.2.1. By Equipment Type

            10.2.2.2. By Ownership

            10.2.2.3. By Application

11. Market Structure Analysis

    11.1. Competition Dashboard

    11.2. Competition Benchmarking

    11.3. Market Share Analysis of Top Players

        11.3.1. By Regional

        11.3.2. By Equipment Type

        11.3.3. By Ownership

        11.3.4. By Application

12. Competition Analysis

    12.1. Competition Deep Dive

        12.1.1. Caterpillar Inc.

            12.1.1.1. Overview

            12.1.1.2. Product Portfolio

            12.1.1.3. Profitability by Market Segments

            12.1.1.4. Sales Footprint

            12.1.1.5. Strategy Overview

                12.1.1.5.1. Marketing Strategy

                12.1.1.5.2. Product Strategy

                12.1.1.5.3. Channel Strategy

        12.1.2. Sandvik AB

            12.1.2.1. Overview

            12.1.2.2. Product Portfolio

            12.1.2.3. Profitability by Market Segments

            12.1.2.4. Sales Footprint

            12.1.2.5. Strategy Overview

                12.1.2.5.1. Marketing Strategy

                12.1.2.5.2. Product Strategy

                12.1.2.5.3. Channel Strategy

        12.1.3. Epiroc AB

            12.1.3.1. Overview

            12.1.3.2. Product Portfolio

            12.1.3.3. Profitability by Market Segments

            12.1.3.4. Sales Footprint

            12.1.3.5. Strategy Overview

                12.1.3.5.1. Marketing Strategy

                12.1.3.5.2. Product Strategy

                12.1.3.5.3. Channel Strategy

        12.1.4. Komatsu Ltd.

            12.1.4.1. Overview

            12.1.4.2. Product Portfolio

            12.1.4.3. Profitability by Market Segments

            12.1.4.4. Sales Footprint

            12.1.4.5. Strategy Overview

                12.1.4.5.1. Marketing Strategy

                12.1.4.5.2. Product Strategy

                12.1.4.5.3. Channel Strategy

        12.1.5. Boart Longyear Ltd.

            12.1.5.1. Overview

            12.1.5.2. Product Portfolio

            12.1.5.3. Profitability by Market Segments

            12.1.5.4. Sales Footprint

            12.1.5.5. Strategy Overview

                12.1.5.5.1. Marketing Strategy

                12.1.5.5.2. Product Strategy

                12.1.5.5.3. Channel Strategy

        12.1.6. Hitachi Construction Machinery

            12.1.6.1. Overview

            12.1.6.2. Product Portfolio

            12.1.6.3. Profitability by Market Segments

            12.1.6.4. Sales Footprint

            12.1.6.5. Strategy Overview

                12.1.6.5.1. Marketing Strategy

                12.1.6.5.2. Product Strategy

                12.1.6.5.3. Channel Strategy

        12.1.7. Liebherr Group

            12.1.7.1. Overview

            12.1.7.2. Product Portfolio

            12.1.7.3. Profitability by Market Segments

            12.1.7.4. Sales Footprint

            12.1.7.5. Strategy Overview

                12.1.7.5.1. Marketing Strategy

                12.1.7.5.2. Product Strategy

                12.1.7.5.3. Channel Strategy

        12.1.8. Sany Heavy Industry Co. Ltd.

            12.1.8.1. Overview

            12.1.8.2. Product Portfolio

            12.1.8.3. Profitability by Market Segments

            12.1.8.4. Sales Footprint

            12.1.8.5. Strategy Overview

                12.1.8.5.1. Marketing Strategy

                12.1.8.5.2. Product Strategy

                12.1.8.5.3. Channel Strategy

        12.1.9. Volvo Construction Equipment

            12.1.9.1. Overview

            12.1.9.2. Product Portfolio

            12.1.9.3. Profitability by Market Segments

            12.1.9.4. Sales Footprint

            12.1.9.5. Strategy Overview

                12.1.9.5.1. Marketing Strategy

                12.1.9.5.2. Product Strategy

                12.1.9.5.3. Channel Strategy

        12.1.10. Astec Industries Inc

            12.1.10.1. Overview

            12.1.10.2. Product Portfolio

            12.1.10.3. Profitability by Market Segments

            12.1.10.4. Sales Footprint

            12.1.10.5. Strategy Overview

                12.1.10.5.1. Marketing Strategy

                12.1.10.5.2. Product Strategy

                12.1.10.5.3. Channel Strategy

        12.1.11. J.C. Bamford Excavators Ltd. (JCB)

            12.1.11.1. Overview

            12.1.11.2. Product Portfolio

            12.1.11.3. Profitability by Market Segments

            12.1.11.4. Sales Footprint

            12.1.11.5. Strategy Overview

                12.1.11.5.1. Marketing Strategy

                12.1.11.5.2. Product Strategy

                12.1.11.5.3. Channel Strategy

        12.1.12. Normet

            12.1.12.1. Overview

            12.1.12.2. Product Portfolio

            12.1.12.3. Profitability by Market Segments

            12.1.12.4. Sales Footprint

            12.1.12.5. Strategy Overview

                12.1.12.5.1. Marketing Strategy

                12.1.12.5.2. Product Strategy

                12.1.12.5.3. Channel Strategy

        12.1.13. Maclean Engineering and Marketing Co.

            12.1.13.1. Overview

            12.1.13.2. Product Portfolio

            12.1.13.3. Profitability by Market Segments

            12.1.13.4. Sales Footprint

            12.1.13.5. Strategy Overview

                12.1.13.5.1. Marketing Strategy

                12.1.13.5.2. Product Strategy

                12.1.13.5.3. Channel Strategy

        12.1.14. J.H. Fletcher and Co.

            12.1.14.1. Overview

            12.1.14.2. Product Portfolio

            12.1.14.3. Profitability by Market Segments

            12.1.14.4. Sales Footprint

            12.1.14.5. Strategy Overview

                12.1.14.5.1. Marketing Strategy

                12.1.14.5.2. Product Strategy

                12.1.14.5.3. Channel Strategy

        12.1.15. Hermann Paus Maschienfabrik GmbH

            12.1.15.1. Overview

            12.1.15.2. Product Portfolio

            12.1.15.3. Profitability by Market Segments

            12.1.15.4. Sales Footprint

            12.1.15.5. Strategy Overview

                12.1.15.5.1. Marketing Strategy

                12.1.15.5.2. Product Strategy

                12.1.15.5.3. Channel Strategy

        12.1.16. Timberland Equipment

            12.1.16.1. Overview

            12.1.16.2. Product Portfolio

            12.1.16.3. Profitability by Market Segments

            12.1.16.4. Sales Footprint

            12.1.16.5. Strategy Overview

                12.1.16.5.1. Marketing Strategy

                12.1.16.5.2. Product Strategy

                12.1.16.5.3. Channel Strategy

        12.1.17. Getman Corporation

            12.1.17.1. Overview

            12.1.17.2. Product Portfolio

            12.1.17.3. Profitability by Market Segments

            12.1.17.4. Sales Footprint

            12.1.17.5. Strategy Overview

                12.1.17.5.1. Marketing Strategy

                12.1.17.5.2. Product Strategy

                12.1.17.5.3. Channel Strategy

        12.1.18. Kovatera Inc.

            12.1.18.1. Overview

            12.1.18.2. Product Portfolio

            12.1.18.3. Profitability by Market Segments

            12.1.18.4. Sales Footprint

            12.1.18.5. Strategy Overview

                12.1.18.5.1. Marketing Strategy

                12.1.18.5.2. Product Strategy

                12.1.18.5.3. Channel Strategy

        12.1.19. Maccaferri Inc.

            12.1.19.1. Overview

            12.1.19.2. Product Portfolio

            12.1.19.3. Profitability by Market Segments

            12.1.19.4. Sales Footprint

            12.1.19.5. Strategy Overview

                12.1.19.5.1. Marketing Strategy

                12.1.19.5.2. Product Strategy

                12.1.19.5.3. Channel Strategy

13. Assumptions & Acronyms Used

14. Research Methodology

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