Pell ResearchMining, Quarrying, and Oil and Gas Extraction Sector > Mining Industry

Mining Industry: Statistics, Market Size, Forecast

Mining - Market Size and Industry Forecast

The 2021 Mining Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2016 to 2026 reflect industry trends and growth patterns. Revenues include both public and private companies in the mining industry.

HistoricalForecasted
20162017201820192020202120222023202420252026
Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Revenue Forecast
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Mining - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Mining companies in the United States.

Mining Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesMining
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Mining - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Mining - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Mining - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%

Chief Executives0%
General and Operations Managers2%
Architecture and Engineering Occupations6%
Office and Administrative Support Occupations7%
Construction and Extraction Occupations35%
Supervisors of Construction and Extraction Workers6%
First-Line Supervisors of Construction Trades and Extraction Workers6%
First-Line Supervisors of Construction Trades and Extraction Workers6%
Construction Trades Workers15%
Construction Equipment Operators11%
Operating Engineers and Other Construction Equipment Operators10%
Extraction Workers17%
Mining Machine Operators17%
Continuous Mining Machine Operators6%
Roof Bolters, Mining6%
Roof Bolters, Mining6%
Installation, Maintenance, and Repair Occupations14%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers6%
Heavy Vehicle and Mobile Equipment Service Technicians and Mechanics6%
Mobile Heavy Equipment Mechanics, Except Engines6%
Other Installation, Maintenance, and Repair Occupations7%
Industrial Machinery Installation, Repair, and Maintenance Workers8%
Industrial Machinery Mechanics6%
Production Occupations11%
Other Production Occupations7%
Transportation and Material Moving Occupations21%
Motor Vehicle Operators8%
Driver/Sales Workers and Truck Drivers8%
Heavy and Tractor-Trailer Truck Drivers8%
Material Moving Workers12%
Dredge, Excavating, and Loading Machine Operators7%
Excavating and Loading Machine and Dragline Operators6%

Government Contracts

In the past, the federal government spent an annual total of $61,178,801 on the mining industry. It has awarded 1,660 contracts to 454 companies, with an average value of $134,755 per company.

Mining and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)





Mining Industry Report
GeographyUnited States  
Publication DateOctober 2021
Report FormatPDF Download  
Price

Related Market Research Reports

Mining
Coal Mining
Bituminous Coal & Lignite Surface Mining
Bituminous Coal Underground Mining
Anthracite Mining
Metal Ore Mining
Iron Mining
Gold & Silver Mining
Gold Ore Mining
Silver Ore Mining
Copper, Nickel, Lead, and Zinc Mining
Copper, Nickel, Lead & Zinc Mining
Lead Ore & Zinc Ore Mining
Copper Ore & Nickel Ore Mining
Uranium-Radium-Vanadium Ore Mining
Nonmetallic Mineral Mining & Quarrying
Stone Mining & Quarrying
Dimension Stone Mining & Quarrying
Crushed & Broken Limestone Mining & Quarrying
Crushed & Broken Granite Mining & Quarrying
Sand, Gravel, Clay & Ceramic Mining & Quarrying
Construction Sand & Gravel Mining
Industrial Sand Mining
Kaolin & Ball Clay Mining
Clay & Ceramic & Refractory Minerals Mining
Potash, Soda & Borate Mineral Mining
Phosphate Rock Mining