Topic: surface mining equipment market

Market Summary: The global market for surface mining equipment reached a value of USD 29.4 billion in 2022 and is projected to reach USD 45.61 billion by 2032, showing a robust compound annual growth rate (CAGR) of 5% over the forecast period. The growth is primarily driven by the increasing demand for minerals and metals across various industries, including construction, energy, and transportation. The expansion of the construction sector due to population growth and urbanization has led to a h...

Market Summary: The global market for surface mining equipment reached a value of USD 29.4 billion in 2022 and is projected to reach USD 45.61 billion by 2032, showing a robust compound annual growth rate (CAGR) of 5% over the forecast period. The growth is primarily driven by the increasing demand for minerals and metals across various industries, including construction, energy, and transportation. The expansion of the construction sector due to population growth and urbanization has led to a h...