Mining Automation Market - Trends Forecast Till 2028

Mining Automation Market by Technique, Type (Equipment, Software, Communications System), Equipment (Autonomous Hauling/Mining Trucks, Autonomous Drilling Rigs, Underground LHD Loaders, Tunneling Equipment), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: January, 2022

Base Year Estimate: 2021

Report ID: D-IT-MAM-1118

Format:  

Number of Pages: 358

Domain: IT & Telecom

Mining Automation Market – Trends Forecast Till 2028

The Mining Automation market size is projected to reach a CAGR of 7.5% from 2022 to 2028.

Mining automation is the process of automation of mining or the removal or reduction of the human labour in the field. Automation is majorly of 2 types 1. Automated mining- process 2. Software automation. Robots, vehicle and equipment are all used for the mining automation.

Reduced operational costs, and the increased need for worker safety are some of the factors that have supported long-term expansion for Mining Automation Market.

Mining Automation Market Growth Forecast

Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the presence of the natural reserves in the region.

Mining Automation Market is segmented into technique, type, workflow, and region.

On the basis of Technique

  • Underground mining
  • Surface mining

On the basis of Type

  • Equipment
  • Software
  • Communications systems

On the basis of Workflow

  • Mine development
  • Mining process
  • Mine maintenance

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Mining Automation Market Primary Respondent

 

Key Players

  • Atlas Copco
  • Caterpillar
  • Hexagon
  • Komatsu
  • Sandvik
  • Autonomous Solutions Inc.
  • Hitachi
  • RPMGlobal
  • Trimble
  • Fluidmesh Metworks
  • Mine Site Technologies
  • Symboticware

Recent Developments

  • In September 2016, Komatsu Ltd. Came up with a new version of its autonomous haul truck.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Mining Automation Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 7.5% during the forecasting period, 2022-2028

Historical Data

2019-2020

Forecast Years

2022-2028

Base Year

2021

Units Considered

Revenue in USD billion and CAGR from 2022 to 2028

Report Segmentation

technique, type, workflow, and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Atlas Copco , Caterpillar, Hexagon , Komatsu , Sandvik , Autonomous Solutions Inc., Hitachi , RPMGlobal , Trimble, Fluidmesh Metworks , Mine Site Technologies, and Symboticware

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