Learn about the global metal mining support activities market through The Business Research Company, which provides information on metal mining support activities market size, metal mining support activities market drivers and restraints, metal mining support activities market players, the COVID-19 impact on the metal mining support activities market, and more.

The global metal mining support activities market size is expected to grow from $143.32 billion in 2021 to $161.12 billion in 2022 at a compound annual growth rate (CAGR) of 12.4%. The global metal mining support market size is expected to grow to $256.89 billion in 2026 at a CAGR of 12.4%.

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The metal mining support activities (except site preparation and related construction activities) market consists of sales of support activities for metal mining (except site preparation and related construction activities) by entities (organizations, sole traders and partnerships) that perform support activities for mining and quarrying of metallic minerals and for extraction of metal ores. Exploration for these minerals is included in this market and it includes traditional prospecting methods, such as taking core samples and making geological observations at prospective sites (but not geophysical surveying and mapping services). The metal mining support activities market is segmented into metal mining drilling services; metal mining exploration services; metal mining draining services and other metal mining support activities.

Global Metal Mining Support Activities Market Segments Include:

By Type: Metal Mining Drilling Services, Metal Mining Exploration Services, Metal Mining Draining Services, Others

By Process: Underground, Opencast

By Service Provider Type: Independent Contractors, Companies

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the metal mining support activities market in 2021.

Mining support companies are increasingly opting for 3D modeling technologies which reduce costs of discovery, improves prospecting and facilitates focused exploration. A geological 3D modeling tool provides computerized illustrations of earth crust based on geological and geophysical observations made on earth surface and earth crust. It also provides detailed mapping and visualization of structural data of prospective mining zones and supports companies in resource estimation of mines, thus aiding the stakeholders to better interpret the data. This technology enhances discovery efficiency and improves exploration success rate.

TBRC’s metal mining support activities market report covers:

Major Market Players: The Metallurgical Corp of China, Hochtief AG, NRW Holdings Limited, The Weir Group plc, Major Drilling Group International Inc, Aveng Limited, Boart Longyear Ltd., and Foraco International SA.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Metal Mining Support Activities Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides metal mining support activities market overviews, analyzes and forecasts market size, share, metal mining support activities market players, metal mining support activities market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s metal mining support activities market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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