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The global mining equipment market size was valued at USD 144.37 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 12.7% from 2020 to 2027. Ongoing digital mine innovation is expected to transform the key aspects of mining over the next few years
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Of which, equipment and service suppliers accrue the majority, from any particular mining activity in the country. The global mining industry has been witnessing steady growth for the past few years, owing to rise in mining exploration activities and initiation of new mining projects in countries, such as Canada, the United States, Australia ...
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