NAICS 333131 - Mining Machinery and Equipment Manufacturing
This U.S. industry comprises establishments primarily engaged in (1) manufacturing underground mining machinery and equipment, such as coal breakers, mining cars, core drills, coal cutters, rock drills and (2) manufacturing mineral beneficiating machinery and equipment used in surface or underground mines.
Industry trends:
The Mining Machinery and Equipment Manufacturing industry (NAICS 333131) has been experiencing several notable qualitative trends. One significant trend is the increasing adoption of automation and advanced technologies. Companies within this sector are investing in autonomous vehicles, sensors, and AI-powered solutions to enhance operational efficiency and safety. This shift toward automation helps reduce labor costs and mitigate human error, aligning with the broader Industry 4.0 movement.
Another trend is the emphasis on sustainability and environmental impact. There's a growing demand for machinery that minimizes carbon footprints and supports eco-friendly mining practices. Manufacturers are developing equipment that enhances resource efficiency and reduces environmental damage, responding to both regulatory pressures and corporate social responsibility commitments.
Additionally, the industry is witnessing a consolidation trend through mergers and acquisitions. Larger firms are acquiring smaller, specialized companies to diversify their product offerings and expand their market presence. This move towards consolidation is driven by the need for broader capabilities and to cater to the rising demand for more versatile and integrated mining solutions.
Looking ahead, the near future will likely see continued advancements in automation and AI integration. Furthermore, as the global focus on climate change intensifies, mining machinery manufacturers will increasingly prioritize sustainable innovation. Companies that can balance cutting-edge technology with eco-friendly practices will be well-positioned for growth and competitiveness.
This industry is comprised of:
Amalgamators (i.e., metallurgical and mining machinery) manufacturing
Augers, mining-type, manufacturing
Bits, rock drill, underground mining-type, manufacturing
Breakers, coal, manufacturing
Cars, mining, manufacturing
Cleaning machinery, mining-type, manufacturing
Coal breakers, cutters, and pulverizers manufacturing
Concentration machinery, mining-type, manufacturing
Core drills, underground mining-type, manufacturing
Crushing machinery, stationary, manufacturing
Cutters, coal, manufacturing
Drilling equipment, underground mining-type, manufacturing
Drills, core, underground mining-type, manufacturing
Drills, rock, underground mining-type, manufacturing
Dumpers, mining car, manufacturing
Feeders, mineral beneficiating-type, manufacturing
Flotation machinery, mining-type, manufacturing
Hammer mill machinery (i.e., rock and ore crushing machines), stationary, manufacturing
Loading machines, underground mining, manufacturing
Mineral processing and beneficiating machinery manufacturing
Mining cars manufacturing
Ore crushing, washing, screening, and loading machinery manufacturing
Pellet mills machinery, mining-type, manufacturing
Quarrying machinery and equipment manufacturing
Rock crushing machinery, stationary, manufacturing
Rock drills, underground mining-type, manufacturing
Scraper loaders, underground mining-type, manufacturing
Screening machinery, stationary, manufacturing
Sedimentary mineral machinery manufacturing
Sieves and screening equipment, mineral beneficiating, manufacturing
Stone beneficiating machinery manufacturing
Underground mining machinery manufacturing
Washers, aggregate and sand, stationary, manufacturing
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- Employees
- Net Sales
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- Total Assets
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