Mining Machinery Market Projected to Reach $32.8 Billion by 2030
The mining machinery market is projected to grow from USD 24.8 billion in 2023 to USD 32.8 billion by 2030, at a CAGR of 4.1%. The growth of this market can be attributed to the growing demand for different minerals, the rise in infrastructure development activities that require metals and minerals, and the need for safer mining operations, thus driving demand for advanced and highly efficient mining machines.
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