Press release
Mining Automation Market to Witness Huge Growth from 2017-2023 and Key Players - Autonomous Solution, Atlas Copco, Caterpillar, Hexagon
Mining automation market was valued at $2,193 million in 2016, and is estimated to reach $3,810 million by 2023, growing at a CAGR of 7.9% from 2017 to 2023. Mining automation refers to the automation of mining techniques, which involve transition from manual labor to automated mining techniques. The global mining automation market is expected to witness significant growth in the future, owing to rise in in technological advancement and increase in automation in the economy across the globe.The Asia-Pacific mining automation market is expected to register the highest CAGR during the forecast period, due to the progressive transition from manual cognitive work to automated cognitive work and continuous launch of new and improved technologies in the region.
Major Key Players of the Mining Automation Market are:
Autonomous Solution, Atlas Copco, Caterpillar, Hexagon, Hitachi, Komatsu, Mine site technologies, RPMGlobal Holdings, Sandvik AB, and Trimble.
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The global mining automation market is segmented into technique, type, and region. Underground mining and surface mining are studied under the technique segment. Based on type, the market is divided into equipment, software, and communication system. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major Types of Mining Automation Market covered are:
Equipment
Software, and Communication System
Major Technology of Mining Automation Market covered are:
Underground Mining Automation
Surface Mining Automation
Research objectives:-
- To study and analyze the global Mining Automation consumption (value & volume) by key regions/countries, product type and application, history data.
- To understand the structure of the Mining Automation market by identifying its various sub-segments.
- Focuses on the key global Mining Automation manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Mining Automation with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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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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In the end, Mining Automation industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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