Mining equipment sector to reach $156bn by 2022 – report
The global mining equipment sector is forecast to grow at a compound annual growth rate of 7.9% between 2016 and 2022, to reach a value of over $150-billion by 2022. This was according to a new report published on Monday by global market research company Allied Market Research (AMR) titled ‘World Mining Equipment Market – Opportunities and Forecasts, 2015 – 2022’.