Press release
Smart Mining Market Size and SWOT Analysis By Major Players: ABB Ltd, Hitachi Ltd, Rockwell Automation Inc, Hexagon AB
According to the new research report on "Smart Mining Market Forecast to 2030" published by The Insight Partners, the market is expected to reach US$ 28.53 billion by 2030 and register a CAGR of 10.3% from 2022 to 2030.The North America smart mining market is segmented into US, Canada, and Mexico. Across North America, technological advancements have led to a highly competitive smart mining market. North America has several economically strong countries which are ready to adopt technological advancements. Companies continuously improve their overall business processes to fulfill customers' demand for high-quality products and services.
Receive PDF Brochure with Table of Contents and Important Figures at: https://www.theinsightpartners.com/sample/TIPRE00007870/?utm_source=OpenPR&utm_medium=10452
The global smart mining market size is segmented into component and mining type. Based on components, the smart mining market is segmented into hardware, software, and services. The hardware segment is further sub-segmented into RFID tags, sensors, intelligent systems, and others. The software segment is further divided into logistics software, data & operation management, safety & security systems, connectivity solutions, analytics solutions, remote management solutions, and asset management solutions. Based on mining type, the smart mining market is bifurcated into underground and surface mining.
The introduction of IIoT helps increase production, better and cheaper communication possibilities, real-time maintenance, fast productivity data, better collaboration, and instant resolution of issues. This is anticipated to be one of the leading trends in the smart mining market growth, which adds to the safety of miners on-site. Major technology companies such as AMD, Intel, STMicro, Softbank (Arm), Microsoft Corporation, Cisco, and Infosys Limited are leveraging technologies to enhance mining operations by improving worker's safety. These companies are also creating awareness about the benefits of IIoT and AI in the mining industry, which is driving the smart mining market growth. For instance, Microsoft Corporation influenced the power of its IIoT and AI technology at the World Mining Congress 2023 in Brisbane, Australia.
Smart Mining Market: Key Findings of Study
In the global smart mining market size, APAC is expected to register the highest CAGR in the market from 2022 to 2030. APAC is witnessing tremendous growth in the manufacturing sector, which is raising manufactures demands for smart mining solutions. Minerals and Metals extracted from the region are transported to several manufacturing hubs in South & East Asia, forming the world's most technologically proficient manufacturing region and assisting in global construction. The growing need for technology equipment and miners' pressing infrastructure needs is driving the Asia Pacific smart mining sector. Thus, strict regulations by government bodies are expected to fuel the growth of the smart mining market in APAC.
Interested in purchasing this Report? Click Here: https://www.theinsightpartners.com/buy/TIPRE00007870/?utm_source=OpenPR&utm_medium=10452
The smart mining market in US is experiencing sustainable growth. Growing mining activities and expansion of production capacities by miners is boosting the smart mining market growth during the forecast period. For instance, Arch Resources owns Black Thunder Mine. The greenfield mine in Wyoming produced ~76.61 Mt of ROM in 2022. Additionally, there are many more mines in America, including Mont Wright Mine, Highland Valley Copper Mine, North Antelope Rochelle Mine, Fort Knox Mine, Safford Mine, Bagdad Mine, Sierrita Mine, and Kennecott Copper Project. Smart mining allows the miners in better resource management. They also offer several benefits in the mining industry such as optimum resource utilization, data-driven insights, conserving valuable resources, reduce operation cost & waste, and protect accidents in the mining sites. Moreover, rising government initiatives and funding to improve mining operations is fueling the smart mining market in the country. For instance, in June 2022, Biden-Harris administration invested more than US$ 74 million in Federal-State partnerships for mapping critical minerals in 30 states of US. This investment will support mapping, scientific interpretation, geoscience data collection, and data preservation of areas that as critical minerals. These investments are a crucial step to secure a sustainable and reliable supply of the essential minerals in the industries is expected to surge the demand for the smart mining market.
Contact Us:
The Insight Partners
Email: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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 Smart Mining Market Size and SWOT Analysis By Major Players: ABB Ltd, Hitachi Ltd, Rockwell Automation Inc, Hexagon AB here
News-ID: 3266967 • Views: …
More Releases from The Insight Partners
Carbapenem-Based Antibiotics Market Insights: Growth Drivers, Trends, and Foreca …
Carbapenem-based antibiotics stand as a critical defense against severe bacterial infections, offering broad-spectrum protection where other treatments fall short. These powerful medications target gram-positive, gram-negative, aerobic, and anaerobic bacteria, making them essential for combating hospital-acquired infections and multidrug-resistant pathogens.
👉 Download the Report Here: https://www.theinsightpartners.com/sample/TIPRE00027228/?utm_source=OpenPR&utm_medium=10129
Key Market Insights by 2031
Carbapenem-based antibiotics continue to play a pivotal role in modern healthcare, addressing the evolving challenges of antimicrobial resistance. Projections indicate steady expansion driven…
Corrugated Plastic Layer Pad Market Expansion Outlook
The global Corrugated Plastic Layer Pad Market continues to evolve as packaging requirements shift toward reusable and hygienic solutions. Industries such as food processing and pharmaceuticals increasingly depend on materials that can withstand moisture and repeated handling. Corrugated plastic layer pads meet these needs while maintaining structural integrity over extended use.
Operational efficiency is a major factor driving adoption. These layer pads contribute to stable pallet stacking and reduce the need…
Low Temperature Bearings Market Report 2026-2034: Emerging Trends and Strategic …
December 24, 2025 - The global Low Temperature Bearings Market is witnessing notable momentum as industries across aerospace, pharmaceuticals, and advanced manufacturing increasingly demand high-performance bearings capable of operating under extreme conditions. Recent industry developments highlight the growing reliance on precision-engineered components that offer reliability, durability, and efficiency, even in sub-zero environments.
Historically considered a specialized segment, low temperature bearings are now emerging as essential components in critical applications requiring minimal…
The Cysteamine Market: Growth Strategies, Key Players & Critical Segments
Overview & Market Outlook
The Cysteamine Market is positioned for steady expansion, expected to grow at a 6.5% CAGR between 2025 and 2031, rising from its 2024 valuation to a significantly larger market by 2031. Although exact monetary values are redacted in the public summary, the trajectory indicates robust demand and investment potential.
Check valuable insights in the Cysteamine Market report. You can easily get a sample PDF of the report -…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
