Latest Innovation in Connected Mining Market 2024, New Developments And Comprehensive Insights

The connected mining market size is expected to grow from USD 3.84 Billion in 2015 to USD 9.98 Billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period.

The major drivers of this market include better cost efficiency, increased ICT spending, and volatile commodity prices. Furthermore, more than 200 smart city projects across the globe provide huge opportunities for connected mining vendors, service providers, platform providers, and consulting companies.

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Overview of the Global Connected Mining Market :
The introduction of advanced technologies and the Internet of Things have drastically improved the scope of functionalities in the global connected mining market. Their inculcation has allowed a large number of smaller businesses to enter the market with relative ease. It has significantly improved the cost-efficiency quotient of connected mining technologies on a global scale. The global connected mining market has thus been able to gain grounds at a rapid rate in terms of demand and implementation. 
Worker safety and efficiency can be maintained at a high level in mining through the use of secure IP networks and multi-service networks. They help ensure optimal operational efficiency in terms of regular operations and can also be maintained at that efficiency for longer durations. 

The incorporation of predictive maintenance in the global connected mining market further adds to the system’s reliability while also keeping maintenance resource costs at a minimum. Onsite costs can be improved by using digital tail monitoring controls while also adding to the safety solutions provided through in-ground sensors and carrying out multiple functions on single screens. 
The global connected mining market is, however, held back by the lack of skilled labor available for operating and managing the advanced equipment. This is more prominent in emerging nations. Despite similar restraining factors, the global connected mining market is expected to show massive growth rates in the U.K., Australia, and the U.S, owing to their strong mining industry infrastructure and the ability to add new technologies with ease. 

Market Segment by Companies, this report covers
Cisco, ABB Group, Rockwell Automation, SAP SE, Hexagon AB, Thingworx, Symbotic Ware, Alastri, Intellisense.Io, Trimble, Accenture

Market segment by Type, Connected Mining can be split into:
Control System
Safety and Security System
Remote Management Solution
Other

Market segment by Application, Connected Mining can be split into:
Surface Mining
Underground Mining
Key highlights of this report
• Overview of key market forces propelling and restraining market growth
• Up-to-date analyses of market trends and technological improvements

• Pin-point analyses of market competition dynamics to offer you a competitive edge
• An analysis of strategies of major competitors
• An array of graphics and SWOT analysis of major industry segments
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Offers a clear understanding of the competitive landscape and key product segments Contact Centers

Table of Contents
1 Industry Overview of Connected Mining
2 Global Connected Mining Competition Analysis by Players
3 Company (Top Players) Profiles
4 Global Connected Mining Market Size by Type and Application (2012-2017)
5 United States Connected Mining Development Status and Outlook
6 EU Connected Mining Development Status and Outlook
7 Japan: Development Status and Outlook
8 China: Development Status and Outlook
9 India: Development Status and Outlook
10 Southeast Asia Connected Mining Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2017-2022)
12 Connected Mining Market Dynamics
13 Market Effect Factors Analysis
14 Research Finding/Conclusion
15 Appendix

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