The growing rate of industrialization is believed to expand the underground mining equipment by reaching USD 30, 308.2 Million by the end of 2024 as compared to USD 18,700.0 Million in 2016 by witnessing a CAGR of 6.5% between the period 2017 and 2024.
The report titled “Global Underground Mining Equipment Market Outlook: Industry Demand Analysis & Opportunity Evaluation 2016-2024” delivers detailed overview of the global underground mining equipment market in terms of market segmentation by mining, application and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.