The African mining equipment sector is entering a decisive phase. Growth across the continent is not simply expanding opportunity, it is fundamentally raising the performance, scale and efficiency standards required to remain competitive.
For mining operators, this shift turns equipment strategy into a long-term business decision rather than a routine capital upgrade.
Current projections indicate the sector will reach $3.84 billion by 2030, reflecting a compound annual growth rate of 4,24% from 2025. Within this broader continental picture, South Africa stands out with particularly strong growth trajectories, its mining equipment market poised to expand from $1.27 billion in 2025 to $1.67 billion by 2030