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[185 Pages Report] The mining equipment market is estimated to be USD billion in 2018 and is projected to reach USD billion by 2025, at a CAGR of %.

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However, factors such as stringent regulations on the use of coal and unavailability of skilled labor is expected to hamper the growth of the market. The global underground mining equipment market size is expected to reach USD 30, million by 2023 and is projected to grow at .

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