Publication Date: July 9, 2025
The mining conveyor belt industry has been experiencing robust growth, driven by the global push for intelligent and sustainable mining practices. In June and July 2025, significant advancements, market expansions, and policy support have made headlines, reinforcing the industry’s pivotal role in modern mining operations. Below is a summary of the latest developments in the mining conveyor belt sector, designed to inform industry professionals, investors, and stakeholders.
According to a report by QYResearch, the global mining conveyor market reached USD 6.478 billion in 2023 and is projected to grow to USD 7.589 billion by 2030, with a compound annual growth rate (CAGR) of 2.3%. China remains a key player, with its market size expected to reach CNY 30.3 billion by 2025, driven by rising demand for efficient and intelligent transportation systems in mining operations. Belt conveyors, known for their high capacity, long-distance capabilities, and energy efficiency, continue to dominate as the equipment of choice for mining companies worldwide.
In June 2025, the National Mining Technology Innovation Conference held in Changsha, themed “Green Development, Smart Safety,” showcased groundbreaking advancements in conveyor belt technology. Innovations included intelligent monitoring systems, automated scheduling solutions, and energy-efficient drive mechanisms. These technologies enhance operational efficiency while reducing energy consumption and maintenance costs. Industry experts highlighted the integration of artificial intelligence and big data, enabling real-time monitoring of conveyor belt performance and predictive maintenance to minimize downtime.
Several industry exhibitions in 2025 have underscored the sector’s momentum. The China (Cangnan) Mining Machinery Exhibition in April 2025, with its impact extending into June, reported orders exceeding CNY 60 million, reflecting strong demand for advanced conveyor systems. In July, industry updates emphasized companies aligning with China’s “carbon neutrality” goals by developing low-carbon conveyor belts to meet environmental standards. These efforts align with national policies promoting sustainable mining practices.
Globally, the shift toward electrification in mining equipment is gaining traction. In May 2025, Sandvik, a leading mining equipment manufacturer, secured a USD 720 million order from South32’s Hermosa project in the U.S. for fully electric mining equipment, including advanced belt conveyor systems. This record-breaking deal highlights the growing demand for clean-energy solutions in mining, further accelerating the adoption of electrified conveyor systems.
Looking ahead, the mining conveyor belt industry is poised for continued growth, driven by trends in (smart technology), sustainability, and globalization. Domestic companies are urged to increase R&D investments to compete with global leaders, while policy support and market demand create new opportunities. The projected CNY 30.3 billion market size in China by 2025 underscores the industry’s promising future.
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Source Statement
This article is based on publicly available market research and industry news, ensuring accuracy and credibility. Sources include the QYResearch market report, coverage from the National Mining Technology Innovation Conference, and reputable industry media. For further details, refer to the cited reports or contact us.