Mining Automation Market By Type (Software, Equipment, Communications systems), by Workflow (Mine development, Mine maintenance, Mining process), by Technique (Surface mining, Underground mining), Industry Trends, Estimation & Forecast, 2017 - 2025

July 2018

 Pages: 185

 ERC 2077


Mining Automation Market is expected to grow with a CAGR of 6% during the forecast period of 2018 to 2025.

The mining industry has not been amongst the early adopters of new technologies, but the lucrative benefits such as easier ore recovery, flexibility in mining operations, increased productivity, greater safety, and lowering of additional costs have led the contractors and mining companies to incorporate automation within their procedures. Mining is the industry where high risk is associated to the human life. Thus, as a result, mining industry authorities are getting highly focused towards mining automation in order to carry out critical mining processes, safely, which are highly prone to various dangers such as cave-ins, floor cracking, explosions, floods and chemical leaks.

An increasing demand for metals, minerals, and jewels has stimulated the intensity of mining activities all around the world. Moreover, continuously rising population and increasing demand of thermal energy has been propelling the coal mining industry growth, which, in turn is catalyzing the market for mining automation. Geographically, North America holds a considerably large share of the global mining automation market, owing to the continuous adoption of robotics and the strong presence of a fully developed IT infrastructure. On the other hand, Asia-Pacific is expected to emerge out as the fastest growing market in the near future. This is because of the rapidly expanding industrialization and continuous growth of exploration activities for new mines in countries such as India, Indonesia, Mongolia and Australia.

Deloitte has recently launched an Intelligent Mining Solution for the South African Mines by collaborating with its several technology business partners. The solution is comprised of some of the most advanced features including use-cases, including short interval control, gamified performance management, predictive maintenance, and integrated digital planning, for providing improved safety and performance at mine site.

The report provides detailed qualitative and quantitative analysis of the mining automation market. Market size and forecast in terms of value and volume has been provided for the period - (2017 - 2025), for the segments namely type, workflow and technique in each of the major regions.

Mining Automation Market Player Analysis

The report presents detailed analysis of major players operating in mining automation market. Few of them include Caterpillar, Inc., Atlas Copco, Komatsu Ltd. Hexagon AB, Sandvik, Autonomous Solutions Inc., Trimble, Hitachi, RPMGlobal, Fluidmesh Metworks, Mine Site Technologies, and Symboticware. A detailed coverage on these market players with information on their revenue from mining automation business, market share, gross margin and their growth strategies have been provided in the report.

Mining Automation Market Segmentation

Mining automation market is segmented on the basis of type, workflow, technique and geography. By type, the market is segmented into software, equipment and communications systems. On the basis of workflow, the market is categorized as mine development, mine maintenance and mining process. On the basis of technique, the market is segmented as surface mining and underground mining. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Mining Automation Market Segmentation

By Type
•Communications systems
By Workflow
•Mine development
•Mine maintenance
•Mining process
By Technique
•Surface mining
•Underground mining
By Geography
•North America
oRest of Europe
oRest of APAC
•South America
oRest of South America
•Rest of the World
oMiddle East

Mining Automation Market Key Players
•Caterpillar, Inc.
•Atlas Copco
•Komatsu Ltd.
•Hexagon AB
•Autonomous Solutions Inc.
•Fluidmesh Metworks
•Mine Site Technologies

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    What Information does this report contain?

    • What was the market size of the Mining Automation Market in 2016 and the expected market size by 2024, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    • Which are the leading companies in the Mining Automation Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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