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2025 U.S. Industry Statistics & Market Forecast - Mining Machinery and Equipment Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Mining Machinery and Equipment Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Statistics | 2020 2021 2022 2023 2024 | |
---|---|---|
Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.

Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
Market Forecast ($ millions) | |||||
Projected Industry Growth Rate (%) |
Industry Insights
Major trends affect the Mining Machinery and Equipment Manufacturing industry include:- Automation and robotics advancements
- Increasing regulatory pressures for environmental compliance
- Adoption of IoT and predictive maintenance
- Shift towards renewable energy sources impacting demand
- Global supply chain disruptions
- Fluctuations in commodity prices
- Labor shortages and skill gaps
- Rising demand for electric vehicles influencing extraction of specific minerals
- Integration of artificial intelligence for exploration and safety enhancements
- Growth in the recycling of minerals reducing reliance on new mining activities
- Expansion in emerging markets
- Increase in merger and acquisition activities
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) |
|
---|---|---|
Total Revenue | Order at top of page |
|
Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Mining Machinery and Equipment Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
---|---|
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Mining Machinery and Equipment Manufacturing industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Mining Machinery and Equipment Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
---|---|
Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
---|---|---|---|---|
Management Occupations | 7% | Order at top of page |
||
Chief Executives | 0% | |||
General and Operations Managers | 2% | |||
Business and Financial Operations Occupations | 6% | |||
Architecture and Engineering Occupations | 11% | |||
Engineers | 8% | |||
Office and Administrative Support Occupations | 9% | |||
Production Occupations | 50% | |||
Assemblers and Fabricators | 16% | |||
Miscellaneous Assemblers and Fabricators | 12% | |||
Metal Workers and Plastic Workers | 20% | |||
Machinists | 6% | |||
Machinists | 6% | |||
Welding, Soldering, and Brazing Workers | 7% | |||
Welders, Cutters, Solderers, and Brazers | 6% | |||
Other Production Occupations | 10% |
Mining Machinery and Equipment Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Mining Machinery and Equipment Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Mining Machinery and Equipment Manufacturing industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Mining Machinery and Equipment Manufacturing industry. |
Source:
Latest Industry News
- Excavators and motor graders: Stronger and better - Sunil Talreja, VP, road construction equipment division, Action Construction Equipment (ACE), says, “Globally advanced equipment such as excavators and motor graders can certainly be brought to India. (07/03/2025)
- Komatsu scores $440 million electric mining equipment sale in Pakistan - Barrick Mining Corp. and Komatsu have formalized a $440 million for new electrified mining equipment assets to the Reko Diq copper-gold mine. (07/01/2025)
- Cyprus industrial output prices up in May but fall year-on-year - The Index of Industrial Output Prices in Cyprus reached 122.9 units in May 2025, based on 2021 as the reference year set at 100 units, according to a report from the state statistical service. This marked an increase of 0. (07/01/2025)
- The Prospects for Five Machinery Markets in 2025 - When analyzing machinery market performance, two key factors have driven the short-term forecasts in our Manufacturing Industry Output (MIO) Tracker. Not only has machinery production been hit with high interest rates in recent years, (06/30/2025)
- Early monsoon dampens mining, power demand as industrial output slows to 9-month low of 1.2% in May - 1. The IIP growth slowed to 1.2% in May 2025, down from 2.7% in April 2025, on weak growth in the electricity and mining sectors. Sector-wise, the manufacturing sector grew 2.6%, while mining contracted marginally by 0.1% and electricity declined sharply by 5.8%. (06/30/2025)
- Trump's energy dominance plans driving manufacturing renaissance in Milwaukee | Opinion - Against the backdrop of giant excavators, I saw a prosperous new industrial center being realized under President Trump in Milwaukee's Harbor District (06/28/2025)
- Sunnen's HTE 1600W: Advancing Hydraulic Component Manufacturing for the Mining Industry - MSN - Sunnen Products Company, a global leader in precision bore finishing equipment, highlights the HTE 1600W Tube Hone, an all-electric honing machine designed to revolutionize hydraulic component ... (06/13/2025)
- BHP taps XCMG to clean up its global mining operations - Electrek - XDR80TE-AT autonomous haul truck concept; via XCMG. The iron-mining giants at BHP have big plans to decarbonize their mining operations, and they’re turning to the Chinese heavy equipment ... (06/12/2025)
- Key update on £1.2m sale after 50-year-old firm collapsed and made all staff redundant - A key update has been issued after a key Nottinghamshire employer made all of its staff redundant and began a fire sale of its assets. Manufacturer Dale ( Mansfield) Limited, which had operated from its factory off Rotherham Road in New Houghton on the Nottinghamshire- Derbyshire border, appointed administrators in October last year. (05/28/2025)
- What makes manufacturing jobs special? The answer could help rebuild the middle class - More than half of American workers don't have a college degree. Is manufacturing a ticket for them to the middle class? (05/27/2025)


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