Skip to content

Mining Automation Market size worth $ 4513.2 Million, Globally, by 2030 at 8.1% CAGR: Verified Market Research® – PR Newswire UK

Searching for your content…
Phone
+44 (0)20 7454 5110 from 8 AM – 5:30 PM GMT
Contact Us
+44 (0)20 7454 5110
from 8 AM – 5:30 PM GMT
News provided by
24 May, 2022, 14:15 BST
Share this article
The rapidly flourishing mining industry worldwide along with increasing investments in R&D activities related to technological advancements by key players in the market is anticipated to drive the demand for Mining Automation Market.
JERSEY CITY, N.J., May 24, 2022 /PRNewswire/ — Verified Market Research recently published a report, "Mining Automation Market" By Technique (Underground Mining, Surface Mining), By Workflow (Mining Process, Mine Development), and By Geography. According to Verified Market Research, Mining Automation Market size was valued at USD 2257.9 Million in 2021 and is projected to reach USD 4513.2 Million by 2030, growing at a CAGR of 8.1% from 2022 to 2030.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=4629
Browse in-depth TOC on "Mining Automation Market"
202 – Pages 
126 – Tables 
37 – Figures
Global Mining Automation Market Overview
Augmented activities related to the adoption and deployment of innovative technologies such as sensors, robotics, and analytics, are the major factor driving the demand for automated solutions in mining. Furthermore, the use of the Internet of Things (IoT) technology has provided mining companies with data analytics which enables real-time decision provision. Key mining companies in collaboration with technology players have installed wireless networks in underground mining. For instance, in 2020, MineHub announced its collaboration with IBM to enable the use of blockchain technology to enhance operational efficiencies, logistics, and fiancé along with a reduction in cost across the mineral concentrates supply chain starting from mine to end-user.
In addition, development in machine learning technology is anticipated increase its adoption thereby, outstripping human performance in certain mining activities. Infosys offers internet and ethernet services for mining automation to form a link between various devices and equipment. Motor control, online analyzers, and gas emission devices are linked to ethernet networks which enables data extraction and visualization without any human interference. Rising demand for mining activities along with awareness regarding worker safety is also anticipated to contribute to market growth.
Key Developments
Key Players
The major players in the market are Caterpillar, RPM Global, Komatsu, Sandvik, Atlas Copco, HEXAGON, HITACHI, TRIMBLE, AUTONOMOUS SOLUTIONS INC., FLUIDMESH NETWORKS, and Others.
Verified Market Research has segmented the Global Mining Automation Market On the basis of Technique, Workflow, and Geography.
Browse Related Reports:
Green Mining Market By Product Type (Underground, Surface), By Methods (Fuel & Maintenance Reduction, Power Reduction), By Technology (Carbon Capture And Storage (Ccs), Dust Suppression Technique (DST)), By Geography, Forecast, 2021-2028
Smart Mining Solution Market By Automated Equipment (excavators, load haul dump, drillers & breakers, robotic truck, and the other automated equipment), By Hardware component (sensors, RFID Tags, intelligent systems, and others), By Software solutions (logistics software, data and operation management software, safety and security systems, Others), By Services (Support and Maintenance, System Integration and Implementation services, Product Training Services, and Consulting Services), By Geography, Forecast, 2021-2028
Ground Engaging Tools Market By Product (Digging Tool, Bulldozing Tool, and Loading Tool), By Application (Mining, Road and Bridge), By Geography, Forecast, 2021-2028
Mining Metals Market By Product (Non-ferrous Metal, Ferrous Metal, Noble Metal), By Application (Construction, Chemical Industry, Manufacturing, Medical), By Geography, Forecast, 2021-2028
5 Largest Coal Mining Companies digging resources for multiple industries
Visualize Mining Automation Market using Verified Market Intelligence:-:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.
Contact Us
Mr. Edwyne Fernandes 
Verified Market Research® 
US: +1 (650)-781-4080 
UK: +44 (753)-715-0008 
APAC: +61 (488)-85-9400 
US Toll Free: +1 (800)-782-1768 
Email: sales@verifiedmarketresearch.com 
Web: https://www.verifiedmarketresearch.com/ 
Follow Us: LinkedIn | Twitter
Logo: https://mma.prnewswire.com/media/1315349/Verified_Market_Research_Logo.jpg
SOURCE Verified Market Research
More news releases in similar topics
+44 (0)20 7454 5110
from 8 AM – 5:30 PM GMT

source

Share:

Pulse Handshak

Pulse Handshak

Collaborative online survey tool for the market research industry. Remote assisted surveying just like face-to-face interviews. Here interviewers can talk to the respondent over the web-console without the need for any other communication channel and share the same Q're with responses and click actions.

Pulse FE

Pulse FE

Pulse Field Expert or Pulse FE is the main platform for both offline and online survey at softofficepro.com. It is robust and used by hundreds of clients over tens of years with millions of responses. Do it once Q're and deploy on both offline devices (android) and online forms makes it a great cost effective platform for any kind of responses

Pulse Ultimate

Pulse Ultimate

Pulse Ultimate is targeted for tracking studies and retail audits. An offline survey system offering extreme field control including processes like data quality check, back-check, rework, comparison with previous wave data etc. helps to get the best results on a day-to-day basis

More Posts