Autonomous Mining Equipment Market Size, Share, Market Research And Industry Forecast Report, 2020-2023 (Includes Business Impact Of Covid-19)

The Business Research Company offers "Autonomous Mining Equipment Global Market Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global autonomous mining equipment market is expected to decline from $3.09 billion in 2019 to $2.85 billion in 2020 at a compound annual growth rate (CAGR) of -7.76%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. Slowdowns in even one large industrial component can have a ripple effect across other components and industries. The entire supply chain from production to international trade has been impacted. The market is expected to recover and reach $3.52 billion in 2023 at a CAGR of 7.25%.

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The autonomous mining equipment market consists of sales of autonomous mining equipment that works on wireless communication technologies and electronic tracking (CT) systems. Autonomous equipment involves minimal human intervention and helps in safe and productive mining and transportation of ores and other materials.

Rising concerns regarding miners safety are driving the autonomous mining equipment market. Mining is a dangerous profession with hazards such as fires, flooding, mine collapse, and health risks such as respiratory diseases, hearing loss, musculoskeletal disorders and heat stress. Introducing autonomous equipment such as robotic loaders, laser sensors and driverless trucks can help ensure workers’ safety.

Autonomous Mining Equipment Market Segmentation:
By Type
1. Autonomous Hauling/Mining Trucks
2. Autonomous Drilling Rigs
3. Underground LHD Loaders
4. Tunneling Equipment
5. Other

By Application
1. Metal
2. Coal
3. Others

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Few Points From Table Of Content
1. Executive Summary
2. Autonomous Mining Equipment Market Characteristics
3. Autonomous Mining Equipment Market Size And Growth
4. Autonomous Mining Equipment Market Segmentation
5. Autonomous Mining Equipment Market Regional And Country Analysis
……
25. Autonomous Mining Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Autonomous Mining Equipment Market
27. Autonomous Mining Equipment Market Trends And Strategies
28. Autonomous Mining Equipment Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the autonomous mining equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the autonomous mining equipment market are Caterpillar, Komatsu, Rockwell Automation, Hitachi, Sandvik, Hexagon, Atlas Copco

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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