Press release
Global Connected Mining Software Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028
The globally connected mining market is anticipated to grow at a significant CAGR of 16.8% during the forecast period (2022-2028). The global connected mining market is expected to grow with the industry 4.0 revolution. Industry 4.0 is the fourth industrial revolution which will represent a new stage in the industry with embedded software and IoT. The increasing awareness about the extremely harsh mining atmosphere, such as explosive atmosphere, high vibration, electromagnetic interface, extreme operating conditions, and other health problems is influencing the key manufacturers to introduce automation and smart mining solution in the market. The launch of different remote-controlled equipment, ventilation solutions, robotic machines, and the adoption of IoT solutions globally is boosting the demand for the connected mining market. Additionally, several governmental regulations to control emissions & air pollution for environmental protection are considered a major factor for the market growth. The demand for high productivity and decreased labor cost is also fueling the growth of the market. As per research by Siemens, automation in the mining industry decreases maintenance costs by up to 67%. Furthermore, the rising awareness among the mining companies and the market players about the numerous life loss and lifelong risks of the mining workers working in the mine is anticipated to propel the growth of the global connected mining market.The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new launches, to stay competitive in the market. For instance-
• In January 2022, Inner Mongolia IHJUCHEM Industrial Co., Ltd. announced the launch of the first 5G unmanned new energy mining vehicle project.
• In January 2022, HERE announced its partnership with Telefonaktiebolaget LM Ericsson, to provide the global mining industry with custom mapping capabilities.
• In September 2020, the government of Western Australia and Austmine announced their launch of WA Mining Equipment, Technology, and Services (METS) Digital Mining Export Hub in Port Hedland.
• In May 2020, the government of India announced the launch of an online Smart Mining resource center to provide the latest industry insights and access to digital solutions and technologies that mining companies can adopt to accelerate their business growth, reduce wasted investment, and avoid duplication.
• In May 2019, the World Bank Group announced the launch of the Climate-Smart Mining Facility, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable.
(Get 15% Discount on Buying this Report)
Get Sample Copy of Global Connected Mining Software Market at:
https://orionmarketreports.com/request-sample/?id=105686&submit=Request+Sample%0D%0A
Market Coverage
• The market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Phoenix Contact GmbH & Co. KG, OMRON, CISCO SYSTEMS INC., MOXA, and Mitsubishi Electric, among others
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
A full report of Global Connected Mining Software Market is available at:
https://orionmarketreports.com/global-connected-mining-software-market/105686/
Global Connected Mining Software Market Report by Segment
By Type
• Operational Data Processing & Analytics
• Smart Logistics
• Smart Control Systems
• Smart Safety & Security System
• Remote Management Solution
By Application
• Surface Mining
• Underground Mining
Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Connected Mining Software Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028 here
News-ID: 2620680 • Views: …
More Releases from Orion Market Reports
Module Power Supply Market to see Huge Growth by 2031
The Module Power Supply Market is experiencing substantial growth, fueled by increasing demand for efficient, compact, and reliable power solutions across a wide range of industries. These power supplies, which convert electrical power to a suitable form for specific applications, are essential in sectors like telecommunications, automotive, medical devices, and consumer electronics. With technological advancements and rising energy efficiency needs, the market is expected to continue expanding, driven by innovations…
Plasma Spray Guns Market to see Rapid Growth by 2031
The Plasma Spray Guns Market is witnessing significant growth, driven by the rising demand for surface coating and thermal spray applications across industries such as aerospace, automotive, manufacturing, and electronics. Plasma spray guns are widely used for depositing coatings on substrates to enhance their properties, including wear resistance, corrosion resistance, and thermal protection. As industries continue to focus on improving product performance and durability, the plasma spray gun market is…
Plasma Surface Treatment Machine Market Will Generate Record Revenue by 2031
The Plasma Surface Treatment Machine Market is witnessing significant growth as industries increasingly adopt plasma surface treatment technology for enhancing the properties of materials. Plasma surface treatment machines are used to modify the surface characteristics of materials like metals, plastics, and ceramics, offering improvements in adhesion, corrosion resistance, and wear resistance. As the demand for advanced surface treatments rises across automotive, electronics, packaging, and manufacturing sectors, the market for plasma…
Plasma Torch Market Value Projected to Expand by 2031
The Plasma Torch Market is experiencing rapid growth, driven by the increasing demand for high-precision cutting and welding technologies in industries such as manufacturing, automotive, aerospace, and construction. Plasma torches are essential tools in thermal cutting applications, offering fast and accurate cuts on various materials, including metals, plastics, and composites. With advancements in plasma cutting technology and the growing need for energy-efficient solutions, the market for plasma torches continues to…
More Releases for Mining
Gold Mining Market is Booming Worldwide | Newmont Mining, Coeur Mining, Freeport …
The " Gold Mining - Market Development Outlook " Study has been added to AMA Research repository. The study envisage detailed qualitative as well as quantitative market data insights and follows Industry benchmark classification and NAICS standards to built strong players coverage in the study. Some of the major and emerging players identified are Newmont Mining United States), Coeur Mining (United States), Freeport-McMoRan (United States), North Bloomfield Mining and Gravel…
Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Eq …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in mining equipment. Moreover, various domestic players are investing in the mining sector, which is anticipated to boost the demand for mining equipment such as crusher, trucks, loaders, diggers, and others as to complete operations with reduced labor cost and high precision of work within optimized time. Furthermore, the surface mining equipment market…
Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Eq …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in mining equipment. Moreover, various domestic players are investing in the mining sector, which is anticipated to boost the demand for mining equipment such as crusher, trucks, loaders, diggers, and others as to complete operations with reduced labor cost and high precision of work within optimized time. Furthermore, the surface mining equipment market…
Coal Mining Market by Mining Technology, Underground Mining and Application with …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe.
The report segments the coal mining market on the basis of mining technology, application, and geography. On the basis of mining technology, the market is bifurcated into surface mining and underground mining.
Surface…
Base Metals Mining Market in China to 2021| Zijin Mining Group Company, China Da …
Albany, NY, 1st November : Recent research and the current scenario as well as future market potential of "Base Metals Mining in China to 2021-Robust Consumption and Imports Expected in the Upcoming Years" globally.
Summary
GlobalDatas "Base Metals Mining in China to 2021", report covers comprehensive information on Chinas base metal (copper, nickel, zinc, and lead) mining industry, base metal (copper, nickel, zinc, and lead) reserves and grade, the historical and forecast…
Coal Mining Market by Mining Technology {Surface Mining (Strip Mining, Auger Min …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe.
Access Full Summary: https://www.alliedmarketresearch.com/coal-mining-market
The growth of the Asia-Pacific coal mining market is driven by increase in usage of coal in steel manufacturing and electricity generation. However, stringent government regulations towards environmental pollution due…
