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Mining equipment is an equipment majorly used for mine exploration. It is used in the mining sector to dig earth surface to obtain metal, mineral ore, and precious stones.
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[228 Pages Report] The construction equipment market is primarily driven by construction activities across the globe. The construction equipment market is projected to grow at a CAGR of 4.52% during the forecast period, to reach a market size, in terms of value, of USD 199.18 Billion by 2025 from USD 140.53 Billion in 2017.
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Industry Insights. The global mining equipment market size was valued at USD 120.82 billion in 2017 and is anticipated to record a CAGR of 11.7% during the forecast period.
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