Title: Mining Equipment Services Market - Forecast(2022 - 2027)
1Mining Equipment Services MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Mining Equipment Services market is analysed to
grow at a CAGR of 3.4 during the forecast period
2021-2026 to reach 160.9 billion by 2026. - Mining equipment services market is developing
rapidly due to rise in the mining exploration
activities and the growing demand of raw
materials due to the rising mining projects. - Moreover, rapid industrialization and
globalization for improving a well-functioning
economy is further driving the mining equipment
market.
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- Key Takeaways
- Adoption of advanced equipment is set to drive
the mining equipment services market. - Surface mining sector is poised to provide
opportunities to the Mining Equipment Services
market during the forecast period 2021-2026 owing
to increase in investments in surface mining. - Presence of high number of players and high
adoption of mining services in countries such as
China, India and Japan boost the Asia-Pacific
mining equipment services market.
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By Distribution Channel- Segment
Analysis Surface mining equipment held the major
share 36.2 of mining equipment services market
in 2020. In Surface mining, the equipment
deployed are drilling equipment, electric
shovels, high wall miners, excavators, dumpers,
motor graders, wheel dozers, and others. As
stated by Environmental Impact Assessment (EIA),
in 2019, about 756 million short tons of coal is
produced in U.S. The surface mines accounted for
63 of total coal production, also the surface
mines accounted for 63 of total number of mines
in US.
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- Mining Equipment Services Industry Outlook
- Komatsu Mining Corp
- Caterpillar Inc
- Hitachi
- Liebherr
- Sandvik
- SGS SA
- Ameco
- Voltas
- Epiroc Group
- Metso Corporation
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Mining Equipment Services Market Forecast (2022
- 2027) Learn More About the Report _at_
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quipment-market.html
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We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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