Construction Equipments For Sale

1
Mining Equipment Market Opportunities
Forecast
www.miningequipmentsales.com
2
Mining Equipment report predicts industry to rise
Across the world mining equipment is used for a
range of purposes including extraction of
geological materials such as copper, nickel,
cobalt, gold, silver lead, zinc, iron, diamond,
platinum and others.
The global mining equipment market is expected to
reach 165,827 million by 2027 from 121,694
million in 2019, according to the latest Mining
Equipment Market Outlook report.
3
Gold-rich mineral system found in North Queensland
4
Equipment demand on the rise
The new report states that the mining equipment
market is on the rise due to increase in mining
activities such as the exploration in Cloncurry.
This combined with the growth in consumption of
natural resources, such as coal, diamond, and
uranium, and rise in need for mineral fertilizers
to improve agricultural yield are major factors
expected to increase demand for the global mining
equipment. However, stringent government
regulations such as environmental concerns,
safety standards, emission norms, and import
regulations are expected to hinder growth of the
market. Increase in use of coal for heating
electricity generation and rise in construction
of roads railway tracks through hilly areas are
expected to fuel the demand for mining activities
in emerging countries such as India and China.
5
The impact of COVID-19
The COVID-19 pandemic has forced the shut down of
various types of mining equipment production in
the US, China, India, Latin America and Japan.
While this hampered growth temporarily in 2020,
the long-term outlook remains positive, the
report says.
The report title, Mining Equipment Market
Analysis by Type (Mineral Processing Equipment
Surface Mining Equipment Underground Mining
Equipment Mining Drills Breakers Crushing,
Pulverizing, Screening Equipment and Others)
and Application (Metal Mining, Mineral Mining,
and Coal Mining) Global Opportunity Analysis and
Industry Forecast, 20202027, can be purchased
here.
6
Contact Us
Mining Equipment Sales
LOCATION 123 Smith Street, Brisbane 4000 CALL US
NOW! (042) 1234567890 MAIL US NOW! hello_at_mes.com.
au