In 2012, the scale of China’s mining and quarrying equipment market has reached CNY 352.6 billion, and the market was relatively concentrated; the sales income of Henan, Liaoning and Shanxi, the top 3 provinces of mining equipment manufacturing, accounted for 51% of the total market share in China.

1. In-depth Research on China Mining Equipment Industry, 2013-2017
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In 2012, the scale of China’s mining and quarrying equipment market has reached
CNY 352.6 billion, and the market was relatively concentrated; the sales income of
Henan, Liaoning and Shanxi, the top 3 provinces of mining equipment
manufacturing, accounted for 51% of the total market share in China. Of which,
Henan province still occupied the first position; CITIC Heavy Industries Co., Ltd. and
Zhengzhou Coal Mining Machinery Group Co., Ltd. have great influence in this
industry.
By the end of 2012, there were more than 1,400 mining equipment manufacturing
enterprises in China, of which, 18 of them were in large scale and most of these
enterprises were in small and medium size. The market share of top 5 enterprises
was about 18.7%.
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In 2012, affected by the demand of infrastructure and mining resources, China’s
mining dedicated equipment industry recovered rapidly, the output in Henan
Province reached 1,511,638.16 tons, increased by 24.23% year-on-year, accounting
for 22.73% of the national total output. Followed by Shandong, Sichuan and Hebei,
the output proportion accounted for 12.15%, 8.25% and 8.12% respectively.
At present, China is still in the crucial period of accelerating infrastructure
construction and industrial transformation; in the aspects of mining, infrastructure
construction and high-speed railway construction, the demand for mining
equipments is considerable. During the “Twelfth Five-Year” period, the domestic
mining and quarrying equipment manufacturing industry will continue to maintain a
rapid growth rate, and the growth rate of annual average output value is expected
to reach about 22%.

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The changes of mining equipment demand are closely related to geographical distribution
of mineral resources and mining industry. Due to different geological mineralization
conditions, the distribution of some important minerals is very concentrated. In the
proved coal reserves, about 90% are concentrated in North China, Northwest and
Southwest, while the coal reserves in Northeast, East China and Central South only
account for about 10%. As for the proved phosphate reserves, about 70% are
concentrated in Yunnan, Guizhou, Sichuan and Hubei. Iron ore resources and mining
activities are concentrated in Liaoning, Hebei, Sichuan and Shanxi.
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In the future, the mining equipments will develop towards the direction of large-scale,
automatic, environmental protection and optimization. Combined with China’s mineral
characteristics and mechanical processing level, developing mining equipments with
advanced principle, simple structure, high manufacturing level, high efficiency, low
consumption and good durability will be the development direction in the future.
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