Power Systems Research Forecasts 13% Rebound in Mining Equipment Production in 2021
Machine replacement and electrification will provide growth opportunities for the North American mining equipment market.
OEM Industry Update · OEM-Off Highway
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Show Notes
On this week’s episode of OEM Industry Update, we spoke with Jim Downey, Vice President-Global Data Products, Power Systems Research, about the current state of the North American mining equipment market. He says mining equipment production is expected to rebound 13% in 2021 and continue growing over the next 5 years.
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