The real estate market in India is expected to expand at a CAGR of 11.54%, to reach a value of INR 12,0104.2 Bn by 2020, from INR 7004.34 Bn in 2015. The demand for construction equipment is increasing considerably in India due to the growth of the real estate market. Stringent regulations, along with increasing environmental concerns delay ...
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The study categorizes the mining machinery market based on category , application, propulsion, power output, electric machinery , autonomous machinery and region
The underground mining equipment market has the second largest share in the global market, and is expected to grow at an average rate from 2012 to 2018. In contrast, due to the rising demand for metal and mineral commodities, the surface mining equipment market accounts for nearly 37% of the entire market.
Industry Trends. Mining Equipment Market size was valued at over USD 70 billion in 2017 which is expected to grow at over 5% CAGR from 2018 to 2024. The global shipments are expected to surpass 450 thousand units by 2024. Get more details on this report Request Free Sample .