openPR Logo
Press release

Global Mining Automation Market Growth Analysis By Size, Share, Demand, Opportunity- 2023

07-16-2019 04:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Analytics LLP

According to a new report by Allied Market Research, titled, "Global Mining Automation Market by Technique and Type: Global Opportunities Analysis and Industry Forecast, 2017-2023," the mining automation market was valued at $2,193 million in 2016, and is projected to reach at $3.81 billion by 2023, growing at a CAGR of 7.9% from 2017 to 2023.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4591

Mining automation involves use of process and software automation, and incorporation of robotic technology in mining vehicles and automation. In 2016, the underground mining segment dominated the market, in terms of revenue, due to increase in investment on automation and infrastructure.

Asia-Pacific was the highest revenue contributor to the golf cart market in 2016, accounting for around 31.41% share, owing to surge in demand for mobility for automation and increase in transition from manual work to automated work.

The report features a competitive scenario of the mining automation market and provides a comprehensive analysis of key growth strategies adopted by major players. Key players operating in the global mining automation market include Autonomous Solution Inc., Atlas Copco, Caterpillar, Hexagon, Hitachi, Komatsu Ltd., Mine site technologies, RPMGlobal Holdings Ltd., Sandvik AB, and Trimble. These players have adopted competitive strategies such as innovation, new product development, and market expansion to boost the growth of the market.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/4591

KEY FINDINGS OF THE STUDY
• The underground mining segment accounted for the highest share in 2016.
• Equipment segment generated the highest revenue in 2016.
• Asia-Pacific is expected to dominate the market, in terms of market share, during the forecast period.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

ABOUT US-
Allied Market Research is a global market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Our market research department starts with the research task considering specific concerns and ambitions of the client. We understand that every market is driven by certain key factors locally as well as globally. Our analysts dig out those factors, helping clients understand the importance and impact of every such driving force. Moreover, possible restraints of the market are discovered and suggestions to tackle those restraints are formulated after extensive research and analysis of the overall market conditions. Making an even deeper insight, we analyze the market trend including both qualitative and quantitative present market scenario in every geographical region segmented as per the business domain concerned and overall performance in different regions throughout the globe.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Mining Automation Market Growth Analysis By Size, Share, Demand, Opportunity- 2023 here

News-ID: 1805302 • Views: 107

More Releases from Allied Analytics LLP

Server Microprocessor Market Expected to Reach $16 Billion with 2.1% CAGR by 202 …
According to a new report published by Allied Market Research, titled, Server Microprocessor Market by Design and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global server microprocessor market was valued at $14 billion in 2016, and is projected to reach at $16 billion by 2023, growing at a CAGR of 2.1% from 2017 to 2023. The x86 segment contributed nearly 79% share to the global market in
Packaging Robots Market Expected to Reach $4.65 billion Globally by 2023 - Allie …
“Packaging Robots Market by Global Opportunity Analysis and Industry Forecast, 2017 - 2023", projects that the global Packaging Robots Market would reach USD 4.65 billion, registering a CAGR of 9.6% during the forecast period. Vacuum gripper type dominated the global packaging robots market and is expected to maintain the trend till 2023. However, Asia-Pacific is expected to dominate the market throughout the forecast period due to increase in demand for
Global Lathe Machines Market Expected to Reach $12,012 Million by 2022 : Allied …
The global lathe machines market is segmented based on type, mode of operation, end-user industry, and geography. By type, the lathe machine is classified into horizontal lathes and vertical lathes. The horizontal lathes segment was the most dominant type in 2015 and is estimated to grow at the highest rate during the forecast period. Horizontal lathes are machine tools used for glass working, metal working & spinning, and wood turning.
Metal Recycling Market: Industry Analysis, Trends, Demand, Opportunities and For …
“Metal Recycling Market by Global Opportunity Analysis and Industry Forecast, 2016 - 2022,", projects that the global Metal Recycling Market would reach USD 446,472 million, registering a CAGR of 4.5% during the period 2016 - 2022. Moreover, Asia-Pacific is expected to dominate the global market throughout the analysis period, registering a notable CAGR of 5.2%. High rate of obsolescence, increase in energy savings with decreased GHG levels, accelerated industrialization and urbanization,

All 5 Releases


More Releases for Mining

Coal Mining Market by Mining Technology {Surface Mining (Strip Mining, Auger Min …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe. Access Full Summary: https://www.alliedmarketresearch.com/coal-mining-market The growth of the Asia-Pacific coal mining market is driven by increase in usage of coal in steel manufacturing and electricity generation. However, stringent government regulations towards environmental pollution due
Cloud Mining Explained
There are many ways you can participate in Mining Bitcoin and other Alt or Alternative coins and be a part of the ever-expanding Bitcoin Community. Bitcoin mining leasing companies allow you to participate and be part of the blockchain network by leasing out their Computing Power to the public. Leasing Companies do this to expand their own network while at the same time, letting less technically minded people get involved
Aluminum Mining Market
Global Aluminum Mining Market: Overview The extensive use of aluminum in multifarious applications over several industries is likely to bolster growth of the global aluminum mining market. The report discusses the major developments, restraints, growth drivers, and opportunities in the global aluminum mining market. The major market players have been discussed in detail, wherein their key market strategies, product portfolios, and market shares are revealed. The report also sheds light on value
Smart Mining Market
The advent of remote-controlled trucks at an iron ore mine resulted in increased safety of workers and operators. However, the manufacturer offered mining equipment to meet the safety standards as regulated by Mining Federal Agencies and contribute to sustainable environment without affecting the landscape. Moreover, increased adoption of infrared sensors and safety and security solutions at mining sites has led to remarkable growth of the smart mining market. View detail summary
Mining machine and gold mining equipment manufacturer
NanJing Sinonine Heavy Industry Science & Technology Co., Ltd is a high-tech enterprise as a leading mining equipment manufacturer and mining engineering EPC service provider in China. Sinonine has a strong production capacity, its products cover a full range of equipments for beneficiation engineering such as feeding & conveying, crushing & screening, grinding & classifying, flotation, gravity separation, magnetic separation, dewatering, drying & calcination, industrial grinding, industrial dust collecting,
Smart Mining Market:
Earlier, the mining industry was mainly dependent only on the labor force. Miners usually used tools such as iron chisels and hammers, compressed drills, pickaxes, and other manually operated tools for mining operations. Hence, to reduce the manual intervention in order to save the time utilized and associated costs there was a need for smart mining. The introduction of numerous smart mining technologies for carrying out mining operations thus has