Underground Mining Equipment Market to Achieve USD 21.3 Billion by...

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2025-06-23 14:53:04 -

Underground Mining Equipment Market to Achieve USD 21.3 Billion by 2035

The market for underground mining equipment is expected to grow at a compound annual growth rate (CAGR) of 2.2% from USD 17.1 billion in 2025 to USD 21.3 billion by 2035. The desire to tap deeper mineral resources as surface reserves run out is the main factor driving this steady but slow expansion. Imagine a vast network of tunnels beneath the earth's surface, where specialized machinery is...

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