Mining Automation Market Emerging Analysis By Top Key Players are Sandvik, Atlas Copco, Komatsu, ABB, Hitachi, Hexagon, Rockwell

Mining Automation market competition by Market Segment by Manufacturers, report focuses on the Mining Automation in global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.; the top players including:

Automated mining involves the removal of human labor from the mining process. The mining industry is in the transition towards automation. It can still require a large amount of human capital, particularly in the developing world where labor costs are low so there is less incentive for increasing efficiency. Automated mining is an umbrella term that refers to two types of technology. The first type of mining automation deals with process and software automation; the second type deals with applying robotic technology to mining vehicles and equipment.

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The major manufacturers covered in this report: Caterpillar, Sandvik, Atlas Copco, Komatsu, ABB, Hitachi, Hexagon, Rockwell, Micromine, Volvo Group, Trimble

Over the next five years, projects that Mining Automation will register a 4.1% CAGR in terms of revenue, reach US$ 3200 million by 2023, from US$ 2510 million in 2017.

Scope of Report

Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. This market is classified into different segments with detailed analysis of each with respect to geography for the study period 2018-2023. The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved. The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.

For industry structure analysis, the Mining Automation industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 58% of the revenue market. Regionally, Europe is the biggest production value area of valves, also the leader in the whole Mining Automation industry.

Europe occupied 31.64% of the revenue market in 2016. It is followed by North America and Asia-Pacific, which respectively account for around 28.57% and 24.20% of the global total industry. Other countries have a smaller amount of revenue market share. Geographically, North America was the largest sales value market in the world, which took about 30.47% of the market in 2016.

For cost trend analysis, a key variable in the performance of Mining Automation producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

Segmentation by product type:

Underground Mining Automation
Surface Mining Automation

Segmentation by application:

Metal Mining
Mineral Mining
Coal Mining
Other

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Mining Automation market report provides regional analysis & forecast (2018-2023) including following regions:

• North America(USA, Canada and Mexico)
• Europe(Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America(Brazil, Argentina, Columbia etc.)
• Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Research objectives

To study and analyze the global Mining Automation consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Mining Automation market by identifying its various subsegments.
Focuses on the key global Mining Automation manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Mining Automation with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Mining Automation submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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