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Showing posts with the label Mexico Mining Market Share

Mexico Mining Market To Witness A Significant Growth Of USD 2.30 Billion By 2030

  San Francisco, 27 Feb 2023:  The Report  Mexico Mining Market  Size, Share & Trends Analysis Report By Sector (Precious Materials, Non-Ferrous, Non-Metallic), And Segment Forecasts, 2022 - 2030 The Mexico mining market is expected to reach USD 2.30 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 2.9% over the forecast period. The growth of the industry is attributed to increasing demand for precious metals, which account for the major share of the market. Moreover, the growing demand for metals such as copper, zinc, and lead that find various uses in electrical & electronic applications are further fueling the market growth. The mining sector is getting rapid exposure of technological advancements such as automation and digitization. These include the introduction of automated tunnel drilling and drilling systems, autonomous vehicles, drone, and intelligent sensors, which are designed to increase the ...