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May 07 32 Manufacturers blame this on a lack of protection in the capital equipment industry and the fact that state owned companies and municipalities prefer imported equipment Report Coverage This report covers the manufacture and wholesale of machinery for mining quarrying and construction including statistics up to December The global mining equipment market size was valued at USD billion in and is anticipated to record a CAGR of 117 during the forecast period Growing drilling and exploration activities across the globe are projected to drive the market over the coming years

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