Global Connected Mining Market Analysis, Key Vendors to grow at a CAGR of 17.46% By 2020

Recent research and the current scenario as well as future market potential of "Global Connected Mining Market 2016-2020" globally.

About Connected Mining

Connected mining refers to the use of technology to achieve better productivity and safety, as well as reduce operational costs for a mine site. Mining companies focus on improving the productivity by offering innovative solutions. Connected mining includes remote-controlled robotic machinery for mineral extraction, which is referred to as tele-robotic mining and reduces the risk for miners. For instance, Caterpillar uses robots at Gabriela Mistral mine in Antofagasta, Chile to enhance the efficiency of maintenance services. The rising demand for metals and minerals will result in increased mining activities globally, which in turn will aid in the growth of the global connected mining market over the forecast period.

Technavios analysts forecast the global connected mining market to grow at a CAGR of 17.46% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global connected mining market for 2016-2020. To calculate the market size, the report considers the revenue generated by surface and underground smart mining processes.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Connected Mining Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

ABB
Cisco
Komatsu
Caterpillar
Deere-Hitachi

Other prominent vendors

Accenture
Alastri
BT (EE)
Ericsson
Gemalto
Hexagon
Rockwell Automation
SAP
ThingWorx
Trimble

Market driver

Increased availability of advanced aerial imagery.
For a full, detailed list, view our report

Market challenge

Data privacy and security concerns.
For a full, detailed list, view our report

Market trend

Growing demand for big data analytics.
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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