Smart Mining Market Analysis by Top Key Players ABB Group, Rockwell Automation, Inc., Komatsu Ltd., Trimble Navigation Limited, Alastri, Caterpillar Inc.

Smart mining refers to the use of information, autonomy, and technology to gain better productivity, safety, and reduce operational costs for a mine site. Mining companies focus to improve the productivity by offering innovative software & solutions. Smart mining also includes remote-controlled robotic machinery for mineral extraction, which is referred to as telerobotic mining and reduces the risk for miners.

Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/658876?utm_source=RK&utm_medium=OPR

Increased focus on safety & health, accelerating adoption of IoT (internet of things) solutions, and rise in adoption of autonomous equipment drives the market growth. However, absence of highly skilled and qualified labor, availability of poor infrastructure and government regulations concerning air, water and overall environment quality restrict the headway. Nonetheless, plant automation and upsurge in digital mining concepts are expected to strengthen the growth. Smart mining market generated a revenue of $5,328 million in 2014 and is expected to reach a market value of $15,837 million by 2022 with a CAGR of 14.9%.

Key Players that operate in this market are: ABB Group, Rockwell Automation, Inc., Komatsu Ltd., Trimble Navigation Limited, Alastri, Caterpillar Inc., Hitachi Construction Machinery Co., Ltd., Joy Global Inc., Cisco Systems, Inc., and Hexagon AB

The market is classified on the basis of type, category, and geography. Type wise, the market is segmented into underground mining and surface or open pit mining. By category, the market is classified into automated equipment and component. The automated equipment includes excavators, load haul dump, drillers & brakers, robotic trucks, and other automated equipment. Excavators generated the highest revenue in the year 2014 owing to integration of high precision GPS system, laser scanners, and remote control solution while load haul dump is expected to generate notable revenue by 2022.

Hardware component encompasses sensors, RFID tags, intelligent systems, and others. On the basis of software & solution, it is segmented into logistics software, data & operation management software, safety & security systems, connectivity solutions, analytics solutions, remote management solutions, and asset management solutions. By services, it is divided into support & maintenance (engineering services), system integration (deployment services), and consulting services.

MARKET SEGMENTATION:

By Type
Underground Mining
Surface Mining (Open Pit Mining or Open Cast Mining)

By Category
• Automated Equipment
• Excavator
• Robotic Truck
• Driller & Braker
• Load Haul Dump
• Other Automated Equipment

Component
• Hardware
• Sensors
• RFID tags
• Intelligent Systems
• Others

Software & Solution
• Logistics Software
• Data & Operation Management Software
• Safety & Security Systems
• Connectivity Solutions
• Analytics Solutions
• Remote Management Solutions
• Asset Management Solutions
Service
• Support & Maintenance (Engineering Service)
• System Integration (Deployment Service)
• Consulting Services

By Region
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

Get a discount on this research report @ https://www.bigmarketresearch.com/request-for-discount/658876?utm_source=RK&utm_medium=OPR

Table of Content
CHAPTER 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porters Five Forces Analysis
3.3.1 Global presence of top-notch market players results in high competitive rivalry
3.3.2 Government safety regulations and high IoT equipment costs result in high bargaining power of suppliers
3.3.3 Stringent government regulations and availability of large number of suppliers result in moderate to high bargaining power of buyers
3.3.4 Absence of substitute products result in low threat of substitute
3.3.5 High capital investment and strict government regulations reduces the threat of new entrants
3.4 Value chain analysis
3.5 Market share analysis, 2015
3.6 Federal laws governing mining industry in the U.S.
3.7 Market dynamics
3.7.1 Drivers
3.7.1.1 Increased focus on safety & health
3.7.1.2 Accelertating adoption of iot (internet of things) solutions
3.7.1.3 Rise in adoption of autonomous equipment
3.7.2 Restraints
3.7.2.1 Absence of high skilled and qualified labour
3.7.2.2 Absence of rich infrastructure
3.7.2.3 Government regulations concerning air, water and overall environment quality
3.7.3 Opportunities
3.7.3.1 Plant automation
3.7.3.2 Enhancement in digital mining concepts
3.7.3.3 Investment in rich mining infrastructure
CHAPTER 4 WORLD SMART MINING MARKET BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Underground mining
4.2.1 Key trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.3 Surface mining
4.3.1 Key trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast

Inquiry before Buy @: https://www.bigmarketresearch.com/purchase-enquiry/658876?utm_source=RK&utm_medium=OPR

About Us:
Industry executives tend to keep a tab on their business competitors. This keeps them updated on strategic business activities and investment trends. Company profiles are crucial to participating players of interconnected verticals.

Contact Us:
5933 NE Win Sivers Drive, #205, Portland,
OR 97220 United States
call answer Direct:+1-971-202-1575
call answer Toll Free:+1-800-910-6452
email help@bigmarketresearch.com

This release was published on openPR.