Global Underground Mining Equipment Market worth US$ 35.7 Billion 2029 with a CAGR of 4.3 % The report "Global Underground Mining Equipment Market, By Mining Method (Longwall Extraction and Room and Pillar Extraction), By Application (Coal Mining, Metal Mining, and Minerals Mining), and Region - Global Forecast to 2029" Global underground mining equipment market is projected to grow from US$ 24.3 billion in 2020 to US$ 35.7 billion by 2029. Rising demand for crude oil, natural gas, metal, and minerals is ultimately Increasing mining activities across the globe is major factor driving growth of the global underground mining equipment market. Furthermore, increasing demand for coal from developing nations for the electricity production and rail transportations is creating more interests for miners to develop more advanced equipment’s for mining. This is factor expected to boost growth of the global underground mining equipment market over the forecast period. Link: https://www.prophecymarketinsights.com/market_insight/Global-Underground-Mining-Equipment-Market-544