Global Mining Support Activities Market Overview And Prospects – Include Mining Support Activities Market Trends
The Business Research Company’s report goes into great detail on the mining support activities market size and growth, mining support activities market regional analysis, mining support activities market competitive landscape, and other critical information needed to excel in the mining support activities industry.
The global mining support activities market size is expected to grow from $236.12 billion in 2021 to $267.58 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. The global mining support market size is expected to grow to $438.17 billion in 2026 at a CAGR of 13.1%.
Government policies to support the mining industry is expected to drive the support activities for mining market.
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The mining support activities market consists of sales of mining support services and related goods by entities (organizations, sole traders and partnerships) that perform support activities on a contract or fee basis for coal, metal and nonmetallic mineral (except fuels) mining. Support activities include exploration of minerals, drilling, draining of mines and other support activities.
TBRC’s Global Mining Support Activities Market Report Is Segmented:
By Type: Coal Mining Support Activities, Metal Mining Support Activities, Nonmetallic Minerals Mining Support Activities
By Service Provider Type: Independent Contractors, Companies
By Application: Mining Companies, Construction Companies, Others
Subsegments Covered: Coal Mining Drilling Services, Coal Mining Exploration Services, Coal Mining Draining Services, Other Coal Mining Support Activities, Metal Mining Drilling Services, Metal Mining Exploration Services, Metal Mining Draining Services, Other Metal Mining Support Activities, Nonmetallic Minerals Mining Drilling Services, Nonmetallic Minerals Mining Exploration Services, Nonmetallic Minerals Mining Draining Services, Other Nonmetallic Minerals Mining Support Activities
By Geography: 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 mining support activities market in 2021.
GIS technology is increasingly being used by mining companies to monitor critical factors such as sustainability, geological composition and compliance. GIS systems capture, record, evaluate and present spatial or geographic data. GIS integrates exploration datasets such as geophysical images, geochemistry, geologic maps, radiometric surveys, boreholes, and mineral deposits leading to efficient discovery of new mineral deposits. This technology also provides 3D visualization tools as it integrates data from various data sources. They are also used in allied industries such as production, mine closure and reclamation.
Major Market Players: The Metallurgical Corp of China, Hochtief AG, PT United Tractors Tbk, Perenti Global Ltd, 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 Mining Support Activities Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the mining support activities market globally and regionally, analyzes and forecasts market size, share, mining support activities market players, mining support activities market segments, leading competitor revenues, profiles and market shares.
TBRC’s 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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