Blasting Automation Services Market is expected to witness a 9.8% CAGR between 2021-2031 | Global Industry Size, Share, Growth, Key Companies Trends & Forecast

According to a new market research report published by sheer analytics and insights, “The Global Blasting Automation Services Market was valued at $487.1 Million in 2020. Growing at a high CAGR of more than 9.8% between 2021 and 2031, it is estimated to reach $1237.1 Million by 2031, as per the latest market research report titled Global Blasting Automation Services Market - Industry analysis, size, share, growth, trends and forecast, 2021 – 2031.

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The use of the latest technology to automate the drilling and blasting operations that will allow the mine owners to improve productivity and free the resources for mission-critical tasks will help to accelerate the growth of this market during the forecasted period. The increased need for natural resources to prompt the miners to carry out the mining operations in the challenging regions has led to higher ground stress. This in turn has triggered the need to deploy more precise and technology-backed drilling and blasting operations to cut down the time spent by the miners in manual processes to improve the safety at mines which will help the market to grow during the forecasted period.

Geographically, The Global Blasting Automation Services Market is divided into global regions like North America, Europe, Asia- Pacific, Latin America, Middle East, and Africa.

The primary key players in Global Blasting Automation Services Market include Autonomous Solutions, Inc., iRing Inc., Orica Limited, MineWare Pty Ltd., Dyno Nobel, Orica Limited, Epiroc, Modular Mining Sytems, Rio Tinto, Rockwell Automation, Inc., Sasol.

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The Global Blasting Automation Services Market Has Been Segmented Into:

By Application Type
• Metal Mining
• Non-Metal Mining
• Coal Mining

By Geography Type
• North America
• Europe
• Asia Pacific
• Latin America,
• Middle East & Africa

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This release was published on openPR.