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    Construction and Mining Equipment Market by Product Type (Loaders, Dozers, Excavators, Crushing, Pulverizing & Screening Equipment), Application (Infrastructure, Mineral Mining, Residential Building, Metal Mining) Global Opportunity Analysis and Industry Forecast, 2021-2028. CM : Engineering, Equipment and Machinery.

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    Mining Equipment Market Outlook 2027. The global mining equipment market size was valued at $121,694.3 million in 2019, and is expected to reach $165,827.8 million by 2027, growing at a CAGR of 5.7% from 2020 to 2027. Mining equipment are used for extraction of geological materials, such as copper, nickel, cobalt, gold, silver, lead, zinc

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    The global construction equipment market size is expected to reach USD 112.52 billion by 2025. Earth moving machinery accounted for the highest market share in 2020. Increasing demand for large and mini excavators, backhoe loaders, and such other heavy construction equipment from developing countries is driving the market growth.

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    🕑 Reading time: 1 minuteHeavy construction equipment are used for various purposes in large projects. Selection of different types of heavy equipment depends on the size of the work and economy of the project. These make construction process easier and faster. Contents:Types of Heavy Construction Equipment1. Excavators2. Backhoe3. Dragline Excavator4. Bulldozers5. Graders6. Wheel Tractor

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