Report Detail

Machinery & Equipment Global Underground Utility Vehicle Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4637212
  • |
  • 17 October, 2025
  • |
  • Global
  • |
  • 139 Pages
  • |
  • GIR
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  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Underground Utility Vehicle market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
With the continuous development of the mining industry, various equipments are used more and more widely, the degree of mechanization is getting hicher and higher. As one of the auxiliarv equioment for mining, underground utllity vehices have been given more missions. Underground utility vehicles series include underground trackless oil transporter, underground transport truck, underground explosive transporter, underground lift platform, underground maintenance vehicle, underground sprinkler, undergrounc concrete mixing truck and other models.
This report is a detailed and comprehensive analysis for global Underground Utility Vehicle market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Underground Utility Vehicle market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Underground Utility Vehicle market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Underground Utility Vehicle market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Underground Utility Vehicle market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Underground Utility Vehicle
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Underground Utility Vehicle market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sandvik, CATERPILLAR, Komatsu, Atlas Copco, GHH-Fahrzeuge, MacLean, Yantai Xingye Machinery, XCMG, Tuoxing, Zhaoyuan Huafeng Machinery Equipment, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Underground Utility Vehicle market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Underground Trackless Oil Transporter
Underground Transport Truck
Underground Explosive Transporter
Underground Concrete Mixing Truck
Others
Market segment by Application
Coal Mine
Metal Mine
Others
Major players covered
Sandvik
CATERPILLAR
Komatsu
Atlas Copco
GHH-Fahrzeuge
MacLean
Yantai Xingye Machinery
XCMG
Tuoxing
Zhaoyuan Huafeng Machinery Equipment
Anchises Technologies
Fambition
Shandong Derui
Tonglguan Mechinery
Kingnor Mining Equipment
Jiangxi Siton
Hubei Shentuo Intelligence Equipment
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Underground Utility Vehicle product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Underground Utility Vehicle, with price, sales quantity, revenue, and global market share of Underground Utility Vehicle from 2020 to 2025.
Chapter 3, the Underground Utility Vehicle competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Underground Utility Vehicle breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Underground Utility Vehicle market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Underground Utility Vehicle.
Chapter 14 and 15, to describe Underground Utility Vehicle sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Underground Utility Vehicle Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Underground Trackless Oil Transporter
    • 1.3.3 Underground Transport Truck
    • 1.3.4 Underground Explosive Transporter
    • 1.3.5 Underground Concrete Mixing Truck
    • 1.3.6 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Underground Utility Vehicle Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Coal Mine
    • 1.4.3 Metal Mine
    • 1.4.4 Others
  • 1.5 Global Underground Utility Vehicle Market Size & Forecast
    • 1.5.1 Global Underground Utility Vehicle Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Underground Utility Vehicle Sales Quantity (2020-2031)
    • 1.5.3 Global Underground Utility Vehicle Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Sandvik
    • 2.1.1 Sandvik Details
    • 2.1.2 Sandvik Major Business
    • 2.1.3 Sandvik Underground Utility Vehicle Product and Services
    • 2.1.4 Sandvik Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Sandvik Recent Developments/Updates
  • 2.2 CATERPILLAR
    • 2.2.1 CATERPILLAR Details
    • 2.2.2 CATERPILLAR Major Business
    • 2.2.3 CATERPILLAR Underground Utility Vehicle Product and Services
    • 2.2.4 CATERPILLAR Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 CATERPILLAR Recent Developments/Updates
  • 2.3 Komatsu
    • 2.3.1 Komatsu Details
    • 2.3.2 Komatsu Major Business
    • 2.3.3 Komatsu Underground Utility Vehicle Product and Services
    • 2.3.4 Komatsu Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Komatsu Recent Developments/Updates
  • 2.4 Atlas Copco
    • 2.4.1 Atlas Copco Details
    • 2.4.2 Atlas Copco Major Business
    • 2.4.3 Atlas Copco Underground Utility Vehicle Product and Services
    • 2.4.4 Atlas Copco Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Atlas Copco Recent Developments/Updates
  • 2.5 GHH-Fahrzeuge
    • 2.5.1 GHH-Fahrzeuge Details
    • 2.5.2 GHH-Fahrzeuge Major Business
    • 2.5.3 GHH-Fahrzeuge Underground Utility Vehicle Product and Services
    • 2.5.4 GHH-Fahrzeuge Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 GHH-Fahrzeuge Recent Developments/Updates
  • 2.6 MacLean
    • 2.6.1 MacLean Details
    • 2.6.2 MacLean Major Business
    • 2.6.3 MacLean Underground Utility Vehicle Product and Services
    • 2.6.4 MacLean Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 MacLean Recent Developments/Updates
  • 2.7 Yantai Xingye Machinery
    • 2.7.1 Yantai Xingye Machinery Details
    • 2.7.2 Yantai Xingye Machinery Major Business
    • 2.7.3 Yantai Xingye Machinery Underground Utility Vehicle Product and Services
    • 2.7.4 Yantai Xingye Machinery Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Yantai Xingye Machinery Recent Developments/Updates
  • 2.8 XCMG
    • 2.8.1 XCMG Details
    • 2.8.2 XCMG Major Business
    • 2.8.3 XCMG Underground Utility Vehicle Product and Services
    • 2.8.4 XCMG Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 XCMG Recent Developments/Updates
  • 2.9 Tuoxing
    • 2.9.1 Tuoxing Details
    • 2.9.2 Tuoxing Major Business
    • 2.9.3 Tuoxing Underground Utility Vehicle Product and Services
    • 2.9.4 Tuoxing Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Tuoxing Recent Developments/Updates
  • 2.10 Zhaoyuan Huafeng Machinery Equipment
    • 2.10.1 Zhaoyuan Huafeng Machinery Equipment Details
    • 2.10.2 Zhaoyuan Huafeng Machinery Equipment Major Business
    • 2.10.3 Zhaoyuan Huafeng Machinery Equipment Underground Utility Vehicle Product and Services
    • 2.10.4 Zhaoyuan Huafeng Machinery Equipment Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Zhaoyuan Huafeng Machinery Equipment Recent Developments/Updates
  • 2.11 Anchises Technologies
    • 2.11.1 Anchises Technologies Details
    • 2.11.2 Anchises Technologies Major Business
    • 2.11.3 Anchises Technologies Underground Utility Vehicle Product and Services
    • 2.11.4 Anchises Technologies Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Anchises Technologies Recent Developments/Updates
  • 2.12 Fambition
    • 2.12.1 Fambition Details
    • 2.12.2 Fambition Major Business
    • 2.12.3 Fambition Underground Utility Vehicle Product and Services
    • 2.12.4 Fambition Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Fambition Recent Developments/Updates
  • 2.13 Shandong Derui
    • 2.13.1 Shandong Derui Details
    • 2.13.2 Shandong Derui Major Business
    • 2.13.3 Shandong Derui Underground Utility Vehicle Product and Services
    • 2.13.4 Shandong Derui Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Shandong Derui Recent Developments/Updates
  • 2.14 Tonglguan Mechinery
    • 2.14.1 Tonglguan Mechinery Details
    • 2.14.2 Tonglguan Mechinery Major Business
    • 2.14.3 Tonglguan Mechinery Underground Utility Vehicle Product and Services
    • 2.14.4 Tonglguan Mechinery Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Tonglguan Mechinery Recent Developments/Updates
  • 2.15 Kingnor Mining Equipment
    • 2.15.1 Kingnor Mining Equipment Details
    • 2.15.2 Kingnor Mining Equipment Major Business
    • 2.15.3 Kingnor Mining Equipment Underground Utility Vehicle Product and Services
    • 2.15.4 Kingnor Mining Equipment Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Kingnor Mining Equipment Recent Developments/Updates
  • 2.16 Jiangxi Siton
    • 2.16.1 Jiangxi Siton Details
    • 2.16.2 Jiangxi Siton Major Business
    • 2.16.3 Jiangxi Siton Underground Utility Vehicle Product and Services
    • 2.16.4 Jiangxi Siton Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Jiangxi Siton Recent Developments/Updates
  • 2.17 Hubei Shentuo Intelligence Equipment
    • 2.17.1 Hubei Shentuo Intelligence Equipment Details
    • 2.17.2 Hubei Shentuo Intelligence Equipment Major Business
    • 2.17.3 Hubei Shentuo Intelligence Equipment Underground Utility Vehicle Product and Services
    • 2.17.4 Hubei Shentuo Intelligence Equipment Underground Utility Vehicle Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 Hubei Shentuo Intelligence Equipment Recent Developments/Updates

3 Competitive Environment: Underground Utility Vehicle by Manufacturer

  • 3.1 Global Underground Utility Vehicle Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Underground Utility Vehicle Revenue by Manufacturer (2020-2025)
  • 3.3 Global Underground Utility Vehicle Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Underground Utility Vehicle by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Underground Utility Vehicle Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Underground Utility Vehicle Manufacturer Market Share in 2024
  • 3.5 Underground Utility Vehicle Market: Overall Company Footprint Analysis
    • 3.5.1 Underground Utility Vehicle Market: Region Footprint
    • 3.5.2 Underground Utility Vehicle Market: Company Product Type Footprint
    • 3.5.3 Underground Utility Vehicle Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Underground Utility Vehicle Market Size by Region
    • 4.1.1 Global Underground Utility Vehicle Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Underground Utility Vehicle Consumption Value by Region (2020-2031)
    • 4.1.3 Global Underground Utility Vehicle Average Price by Region (2020-2031)
  • 4.2 North America Underground Utility Vehicle Consumption Value (2020-2031)
  • 4.3 Europe Underground Utility Vehicle Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Underground Utility Vehicle Consumption Value (2020-2031)
  • 4.5 South America Underground Utility Vehicle Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Underground Utility Vehicle Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Underground Utility Vehicle Sales Quantity by Type (2020-2031)
  • 5.2 Global Underground Utility Vehicle Consumption Value by Type (2020-2031)
  • 5.3 Global Underground Utility Vehicle Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Underground Utility Vehicle Sales Quantity by Application (2020-2031)
  • 6.2 Global Underground Utility Vehicle Consumption Value by Application (2020-2031)
  • 6.3 Global Underground Utility Vehicle Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Underground Utility Vehicle Sales Quantity by Type (2020-2031)
  • 7.2 North America Underground Utility Vehicle Sales Quantity by Application (2020-2031)
  • 7.3 North America Underground Utility Vehicle Market Size by Country
    • 7.3.1 North America Underground Utility Vehicle Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Underground Utility Vehicle Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Underground Utility Vehicle Sales Quantity by Type (2020-2031)
  • 8.2 Europe Underground Utility Vehicle Sales Quantity by Application (2020-2031)
  • 8.3 Europe Underground Utility Vehicle Market Size by Country
    • 8.3.1 Europe Underground Utility Vehicle Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Underground Utility Vehicle Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Underground Utility Vehicle Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Underground Utility Vehicle Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Underground Utility Vehicle Market Size by Region
    • 9.3.1 Asia-Pacific Underground Utility Vehicle Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Underground Utility Vehicle Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Underground Utility Vehicle Sales Quantity by Type (2020-2031)
  • 10.2 South America Underground Utility Vehicle Sales Quantity by Application (2020-2031)
  • 10.3 South America Underground Utility Vehicle Market Size by Country
    • 10.3.1 South America Underground Utility Vehicle Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Underground Utility Vehicle Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Underground Utility Vehicle Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Underground Utility Vehicle Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Underground Utility Vehicle Market Size by Country
    • 11.3.1 Middle East & Africa Underground Utility Vehicle Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Underground Utility Vehicle Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Underground Utility Vehicle Market Drivers
  • 12.2 Underground Utility Vehicle Market Restraints
  • 12.3 Underground Utility Vehicle Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Underground Utility Vehicle and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Underground Utility Vehicle
  • 13.3 Underground Utility Vehicle Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Underground Utility Vehicle Typical Distributors
  • 14.3 Underground Utility Vehicle Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Underground Utility Vehicle. Industry analysis & Market Report on Underground Utility Vehicle is a syndicated market report, published as Global Underground Utility Vehicle Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Underground Utility Vehicle market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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