Mining Equipment Market Size to Hit US$ 223.14 Billion by 2032, Owing to Technological …

“According to SNS Insider Research, The Mining Equipment Market size was valued at USD 142 billion in 2023. It is expected to reach USD 223.14 billion by 2032 and grow at a CAGR of 5.15% over the forecast period 2024-2032.” The Mining Equipment Market is experiencing unprecedented growth fuelled by the increasing global demand for minerals and metals, coupled with the rapid adoption of advanced technologies to enhance efficiency and safety.