PUBLISHER: BCC Research | PRODUCT CODE: 1517527
PUBLISHER: BCC Research | PRODUCT CODE: 1517527
The global market for green mining is estimated to increase from $11.4 billion in 2023 to reach $16.9 billion by 2029, at a compound annual growth rate (CAGR) of 7.4% from 2024 through 2029.
The European market for green mining is estimated to increase from $4.0 billion in 2023 to reach $5.7 billion by 2029, at a CAGR of 6.7% from 2024 through 2029.
The Asia-Pacific market for green mining is estimated to increase from $2.6 billion in 2023 to reach $4.2 billion by 2029, at a CAGR of 9.2% from 2024 through 2029.
The scope of green mining encompasses various aspects of mining operations that prioritize environmental sustainability and minimize the impact on ecosystems. The global green mining market covers segments by mining type (e.g., surface, underground), technology (e.g., power reduction, fuel and maintenance reduction, emission reduction, water reduction) and regional (i.e., North America, Europe, Asia-Pacific, South America, Middle East and Africa). The base year for the market study is 2023, and the estimates and forecasts are for 2024 through 2029. Market estimates are in U.S. dollars (millions). This report concentrates on green mining technologies currently in mining use; other promising technologies that are not likely to make it out of the laboratory are not covered in the report. The market size includes the revenue mining companies generate by incorporating green mining technologies.