Underground Mining Equipment Market Forecasted to Reach US$ 20.55 Billion by 2033 – Insights from Extensive FMI Research During the forecast period, the underground mining equipment market is anticipated to grow at a lower CAGR of 2.3%. The market is predicted to generate US$ 16.37 billion in sales in 2023 and reach US$ 20.55 billion by 2033. Rising adoption of automatic underground mining equipment among manufacturers to sync with the ongoing trends in the ever-evolving mining industry is set to incur tech-driven transformations in this landscape, opines the study. Ready to make informed decisions for your business? Get our market overview sample and discover growth opportunities today https://www.futuremarketinsights.com/reports/sample/rep-gb-6296 In addition, stringent emission regulations regarding controlled diesel emission and personnel safety in the mining industry are likely to stimulate innovations that can enable dealing with the relentless pricing pressure more efficiently, and mitigate the environmental impacts of new-age underground mining equipment.