Mining Drills & Breakers Market Size, Industry & Landscape Outlook, Revenue Growth Analysis to 2028
Increasing mineral and metal exploration activities and rising need for energy- and cost-efficient underground mining equipment are key factors driving market growth Market Size – USD 11.90 Billion in 2020, Market Growth – at a CAGR of 10.3%, Market Trends – Increasing R&D activities to develop safer and more efficient mining equipment The global Mining Drills & Breakers Market size is expected to reach USD 26.07 Billion by 2028 and register a revenue CAGR of 10.3%, according to the latest report by Reports and Data. Rising demand for energy- and cost-efficient underground mining equipment and increasing exploration activities are key factors expected to drive market growth over the forecast period. In addition, increasing investment in mining industries to expand research and development and to produce more efficient and safer mining equipment to enable more productive mining operations is another key factor expected to drive revenue growth of the market over the ...