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    Sep 13, 2016 · Report shows that global underground mining equipment market is set to grow, reaching US$30.5 billion by 2023. Coal mining, in turn, is the main user of underground equipment

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    Mining and metals Mining equipment overview The outlook for mining sector remains uncertain, and capex investment by miners remains low. The resulting decline in capex by miners does not bode well for equipment manufacturers. However, the capex decline is forecast to bottom out at US$65b in 2017,1 and the mining equipment market is

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    US Underground Mining Equipment Industry to Provide USD 4321 Million Revenue by 2022, US Underground Mining Equipment Industry is expected to grow over the CAGR of 4.3% during the period 2016 to 2022 US Underground Mining Equipment Market

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