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Smart Mining Market Outlook, Growth, Analysis & Forecast, 2027 | Key Segments, Benefits & Opportunities

03-22-2021 04:46 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Smart Mining Market

Smart Mining Market

Smart mining is a process that uses information, autonomy, and technology to obtain enhanced safety, reduce operational costs, and gain better productivity for a mine site. Mining corporations emphasize on enhancing productivity by providing state-of-the-art software & solutions. It also comprises remote-controlled robotic equipment for mineral & metal extraction, which is stated as telerobotic mining, and decreases the danger for miners.

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The global smart mining market size is expected to reach $24,047.6 million in 2027, from $9,256.7 million in 2019, growing at a CAGR of 13.0% from 2020 to 2027.

Smart mining components and equipment find their application in both underground mining and surface mining, also known as open pit or open cast mining, operations. Although the integration of smart mining in underground mining has improved the working conditions on site as well as increased the productivities of underground mines.

Competition Analysis

The key smart mining market players profiled in the report include ABB Ltd., Caterpillar Inc., Cisco Systems, Inc., Hexagon AB, Hitachi Ltd., Komatsu Ltd., Robert Bosch GmbH, Rockwell Automation Inc., Sandvik AG, and Trimble Inc.

Key Benefits for Stakeholders:

The report provides an extensive analysis of the current and emerging global smart mining market trends and dynamics.

In-depth analysis of the global market is conducted by constructing market estimations for the key market segments between 2019 and 2027.

Global smart mining market analysis is conducted by following key product positioning and monitoring of the top competitors within the market framework.

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A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

The global smart mining market forecast analysis from 2020 to 2027 is included in the report.

The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the industry.

Key Segments

By Type

Underground Mining
Surface Mining (Open Pit and Open Cast Mining)

By Category

Automated Equipment

Excavators
Load haul dump
Drillers & breakers
Robotic trucks
Other automated equipment

Components

Hardware
Sensors
RFID Tags
Intelligent Systems
Others

Software & Solution

Logistics Software
Data & Operation Management Software
Safety & Safety Systems
Connectivity Solutions
Analytics Solutions
Remote Management Solutions
Asset Management Solutions

Services

Support & Maintenance (Engineering Services)
System Integration (Deployment Services)
Consulting Services

By Region

North America
Europe
Asia-Pacific
LAMEA

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Contact:
David Correa
Portland, OR, United States
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help@alliedmarketresearch.com
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About Us

Allied Market Research (AMR) is a full-service 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 domains.

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