Press release
Global Connected Mining Market is projected to expand at a CAGR of 20.1% from 2019 to 2025
Connected mines are quickly being recognized as the next step in mining resource management and extraction. The primary function achieved by the implementation of connected mining is the speeding up of the mining process by the workers, while ensuring top level worker safety. Safety is the top priority in any mining scenario and the implementations provided in the global connected mining market are instrumental in obtaining the safest method of resource extraction possible.
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Smart Assets is expected to dominate the solution segment in the smart mining market during the forecast period. This growth is driven due to cost efficiency and large scale mining projects across North America and APAC. Operational data processing and analytics is expected to witness the highest growth due to the growing popularity and demand of data analytics in mining vertical. North America is expected to be the most lucrative market among all other regions for advanced analytics solution market owing to a higher adoption rate of analytics for consumer insights in this region.
In 2018, the global Connected Mining market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of 20.1% during 2019-2025.
This report focuses on the global Connected Mining status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Connected Mining development in United States, Europe and China.
The key players covered in this study
ABB Group
Cisco Systems, Inc.
Rockwell Automation
SAP SE
Trimble Navigation Limited
Hexagon AB
Thingworx
Symboticware Inc.
Alastri
Intellisense.Io
Market segment by Type, the product can be split into
Operational Data Processing and Analytics
Smart Assets
Smart Logistics
Smart Control Systems
Smart Safety and Security System
Remote Management Solution
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Market segment by Application, split into
Surface Mining
Underground Mining
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Connected Mining status, future forecast, growth opportunity, key market and key players.
To present the Connected Mining development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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