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Global Smart Mining Market 2016: Industry Demand, Segment, Consumption and Research to 2022
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Major factors that drive the growth of the world smart mining market are increased safety, growth in mine planning systems, and rise of Internet of Things (IoT) solutions in mining. However, absence of skilled and qualified labor, and poor infrastructure restrict the market growth. Nonetheless, plant automation and increased environmental knowledge are expected to strengthen the market growth.
The market is classified on the basis of type, hardware component, software solution, services, and geography.
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Type wise, the market is segmented into underground mining and surface or open pit mining. By hardware component, it is categorized into sensors, RFID tags, intelligent systems, and others. On the basis of software solution, it is segmented into logistics software, data & operation management software, safety & security systems, connectivity solutions, analytics solutions, remote management solutions, and asset management solutions. By services, it is divided into support & maintenance, system integration, and consulting services. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in this market are ABB Group, Rockwell Automation, Inc., SAP SE, Trimble Navigation Limited, Alastri, Caterpillar, Hitachi Construction Machinery Co., Ltd., Thingworx, Cisco Systems, Inc., and Hexagon AB.
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