Mining Automation Market Growing Technology Opportunities and Future Business Trends to 2024 - Caterpillar, Sandvik, Atlas Copco, Komatsu, ABB, Hitachi, Hexagon, Rockwell, Micromine, Volvo Group

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.

Mining Automation Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period. The Global Mining Automation Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players. Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.

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Top Key Players in the Mining Automation Market: -
Caterpillar, Sandvik, Atlas Copco, Komatsu, ABB, Hitachi, Hexagon, Rockwell, Micromine, Volvo Group, Trimble, Remote Control Technologies, Mine Site Technologies,

Firstly, the report provides a basic overview of the industry including its definition, applications and classifications. Then, the report explores the international and regional major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and market shares for each company. Through the statistical analysis, the report depicts the global and regional total market of Mining Automation industry including capacity, production, production value, cost/profit, and supply/demand and import/export details.

Major Types of Mining Automation Market covered are: 
Underground Mining Automation
Surface Mining Automation

Major Applications of Mining Automation Market covered are: 
Metal Mining
Mineral Mining
Coal Mining
Other

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Mining Automation Market Size
2.2 Mining Automation Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Mining Automation Market Size by Manufacturers
3.2 Mining Automation Key Players Head office and Area Served
3.3 Key Players Mining Automation Product/Solution/Service
3.4 Date of Enter into Mining Automation Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Mining Automation Sales by Product
4.2 Global Mining Automation Revenue by Product
4.3 Mining Automation Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Mining Automation Breakdown Data by End User

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Scope of the Report:

- 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.

- The worldwide market for Mining Automation is expected to grow at a CAGR of roughly 4.1% over the next five years, will reach 3200 million US$ in 2024, from 2510 million US$ in 2019.

- This report focuses on the Mining Automation in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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This release was published on openPR.