The global mining equipment market is expected to grow at a CAGR of 7.9% from 2016 to 2022, reaching over $150 billion by 2022, driven by rising demand for minerals and natural resources. Key market challenges include increasing raw material costs and strict regulations, while opportunities arise from the need for mineral fertilizers in agriculture. The report provides a thorough analysis of market trends, drivers, and company profiles to identify investment potentials.