The global Construction and Mining Equipment Market size was valued at USD 143.7 billion in 2019 and is projected to grow at a CAGR of 12% from 2021 to 2027. Continued digital mining innovation is expected to change key aspects of mining next few years. Increasing investment along with government support for digital mining innovation is expected to drive demand for mining equipment over the forecast period. Improvements and innovations in extraction technology and equipment have contributed to the improvement of ore grades, extending the life of old mines.
A full report of Construction And Mining Equipment Market available at: https://www.orionmarketreports.com/construction-and-mining-equipment-market/43324/
Construction and Mining Equipment Market – Segmentation
By Product Type
• Loaders
• Dozers
• Excavators
• Crushing
• Pulverizing & Screening Equipment
• Others
By Application
• Infrastructure
• Mineral Mining
• Residential Building
• Metal Mining
• Others
Key Market Players:
• Atlas Copco AB
• Caterpillar Inc.
• CNH Industrial N.V.
• Hitachi Construction Machinery Co. Ltd.
• Joy Global Inc.
• Komatsu Ltd.
• Liebherr-International AG
• Terex Corporation
• Volvo Group
• Zoomlion Heavy Industry Science & Technology Development Co.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
