How big is the mining equipment market Global Market Insights Inc.
Industry Trends. Mining Equipment Market size exceeded USD 70 billion in 2020 and is expected to grow at around 5 CAGR between 2021 and 2027. The global shipments are estimated to be over 1 million units by 2027. Increasing demand for natural resources in several application industries including automotive manufacturing and power generation is providing a positive outlook for the industry