U.S. Mining Equipment Market Expansion Supported by OEM Innovations
The U.S. mining equipment market was valued at USD 17.15 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2030. The surge in mining activity across the country, fueled by rising consumer demand, is a primary driver of equipment sales. There is growing demand for base metals and alloys in industries such as infrastructure,...
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