The Mining Automation Market is expected to be around US$ 4 Billion by 2027 at a CAGR of 7.1% in the given forecast period. Mining automation involves use of process and software automation, and incorporation of robotic technology in mining vehicles and automation. Mining automation involves extracting ores, minerals, or other resources using technology and information. The process is undertaken to ensure, better efficiency, productivity, safety, and reduction in operating cost at the mine site. It involves removal of human labor from the mining process.
Key factors such as rise in concerns for miner safety, increase in productivity of the mining activity through automation, controlled costs such as elimination of high labor cost and time, and emergence of mining automation software drive the demand for mining automation. However, depletion of natural resources restrains the market growth. Most of the manual tasks, involving entry level mining positions, have been taken over by mining automation, leading to loss of job opportunities for unskilled laborers, which impedes the market growth. Similarly, increase in transition of consumers toward automation fuels the growth.
Global Mining Automation Market is segmented based on the technique as Surface Mining Technique, Underground Mining Technique. Based on type it covers Equipment, Software, Communications systems. The report segments global Mining Automation Market based on Workflow as Mine development, Mining process, Mine maintenance. Global Mining Automation Market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Mining Automation Market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Global Mining Automation Market share consists of several players including Atlas Copco (Sweden), Caterpillar (US), Hexagon (Sweden), Komatsu (Japan), Sandvik (Sweden), Autonomous Solutions Inc. (US), Hitachi (Japan), RPMGlobal Australia), Trimble (US), Fluidmesh Metworks (US), Mine Site Technologies (Australia), and Symboticware (Canada).
The Mining Automation Market has been segmented as below:
Mining Automation Market, By Technique
Mining Automation Market, By Type
Mining Automation Market, By Workflow
Mining Automation Market, By Region
The report covers:
Report scope:
The global Mining Automation Market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends.
The report scope includes market analysis on regional as well as country level. The report also provides competitive landscape covering company market shares with detailed profiling for major revenue contributing companies.
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Atlas Copco (Sweden), Caterpillar (US), Hexagon (Sweden), Komatsu (Japan), Sandvik (Sweden), Autonomous Solutions Inc. (US), Hitachi (Japan), RPMGlobal Australia), Trimble (US), Fluidmesh Metworks (US), Mine Site Technologies (Australia), and Symboticware (Canada).
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Need for Worker Safety
4.2.2. Growing Requirement for Improving Productivity
4.2.3. Reduction in Operating Costs
4.3. Restraints
4.3.1. Depletion of Natural Resources
4.4. Opportunities
4.4.1. Growing Digitization in Mining Operations
4.4.2. Evolution of Smart Connected Mines
4.5. Challenges
4.5.1. Integrating Information Technology with Operational Technology
4.5.2. Lack of Skilled Personnel to Operate Automated Mining Equipment
5. Mining Automation Market, By Technique
5.1. Key Points
5.2. Surface Mining Technique
5.3. Underground Mining Technique
6. Mining Automation Market, By Type
6.1. Key Points
6.2. Equipment
6.3. Software
6.4. Communications systems
7. Mining Automation Market, By Workflow
7.1. Key Points
7.2. Mine development
7.3. Mining process
7.4. Mine maintenance
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profile
9.1. Caterpillar
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. Komatsu
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. Sandvik Atlas
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. Copco
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. Hexagon
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. Hitachi
9.6.1. Company Overview
9.6.2. Product/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
9.7. RPMGlobal
9.7.1. Company Overview
9.7.2. Product/Service Landscape
9.7.3. Financial Overview
9.7.4. Recent Developments
9.8. Trimble
9.8.1. Company Overview
9.8.2. Product/Service Landscape
9.8.3. Financial Overview
9.8.4. Recent Developments
9.9. Autonomous Solutions Inc.
9.9.1. Company Overview
9.9.2. Product/Service Landscape
9.9.3. Financial Overview
9.9.4. Recent Developments
9.10. Fluidmesh Networks
9.10.1. Company Overview
9.10.2. Product/Service Landscape
9.10.3. Financial Overview
9.10.4. Recent Developments
9.11. MST Global
9.11.1. Company Overview
9.11.2. Product/Service Landscape
9.11.3. Financial Overview
9.11.4. Recent Developments
9.12. Symboticware
9.12.1. Company Overview
9.12.2. Product/Service Landscape
9.12.3. Financial Overview
9.12.4. Recent Developments
9.13. Key Innovators
9.13.1. Company Overview
9.13.2. Product/Service Landscape
9.13.3. Financial Overview
9.13.4. Recent Developments
The Mining Automation Market has been segmented as below:
Mining Automation Market, By Technique
Mining Automation Market, By Type
Mining Automation Market, By Workflow
Mining Automation Market, By Region
