The Impact of AI and Automation on the Mechanized Mining Equipment...

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2024-12-05 18:12:28 -

The Impact of AI and Automation on the Mechanized Mining Equipment Market

The mechanized mining equipment market is experiencing rapid growth, with the global industry valued at approximately US$ 102.8 million in 2023. This market is projected to grow at a robust compound annual growth rate (CAGR) of 8.8% from 2024 to 2034, reaching an estimated value of US$ 260.1 million by the end of the forecast period. This expansion is driven by various factors, including...

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