The global mining drilling services market reached a value of around USD 2.52 billion in 2021, accompanied by the increasing application of precious metals and minerals in aerospace and defence and automotive industry and growing building and construction sector. Aided by the technological advancements in the drilling projects, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 6.50%, to reach a value of about USD 3.69 billion by 2027.The robust demand for mining drilling services for the extraction of valuable metals owing to the increasing application of these metals in building and construction and automotive industry is driving the market growth

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