Engineering, Research & Technical Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Mining Engineering Services
Overview
Market size
$41.5B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity
Market outlook
2031$53.5B
What changed
Demand by region
Asia Pacific demand36%
North America demand27%
Latin America demand15%
Middle East and Africa demand14%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
Skilled Engineering Labor55%
Software and Technical IT Licensing15%
Travel and Field Mobilization10%
Project Management and Admin10%
Overhead and Facilities10%
share of delivered cost (analyst estimate)