Press release
Smart Mining Market Worth US$ 12.5 Billion by 2022
Smart Mining Market
How Big is the Global Smart Mining Market?
The Global Smart Mining Market is expected to exceed more than US$ 12.5 billion by 2022 and will grow at a CAGR of more than 20.5% in the given forecast period.
Browse Full Report: https://www.marketresearchengine.com/smart-mining-market
Dwindling mining reserves and decline in ore grade due to next growth in mining sports, have ended in mining industry have all started exploration in faraway locations. Uncertain commodity price surroundings have positioned notable pressure on demand and deliver facet of the mining industry. Resource nationalization coupled with declining productiveness and increasing operational fee have created a dire want for optimizing mining operations with the aid of increasing efficiencies withstanding the regulatory environment. Consequently, mining groups throughout the globe have commenced integrating facts and operational technologies to improve overall performance. Smart mining solutions and technology are permitting mining businesses to maximize industrial outcomes thru optimizing several approaches, enhancing safety, and putting off redundant strategies via information integration and seamless communication using the net of factors (IoT).
The major driving factors of Global Smart Mining Market are as follows:
• Increasing concern regarding mining operation optimization
• Establishment of internet of things (IoT) solutions in mining
The restraining factors of Global Smart Mining Market are as follows:
• High capital investment joined with indeterminate standards related with smart mining technology
The Global Smart Mining Market is segmented on the lines of its hardware component, software component, automated equipment, services and regional. Based on hardware component segmentation it covers sensors, intelligent systems, RFID tags and others. Software component is classified into logistics software, safety and security systems, data and operation management software, connectivity solutions, remote management solutions, analytics solutions and asset management solutions. Under automated equipment segmentation it covers excavators, drillers & breakers, load haul dump, robotic truck and other automated equipment. Service segment covers Support and maintenance, product training services, system integration and implementation services and consulting services. The Global Smart Mining Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for smart mining and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for Global Smart Mining Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for Global Smart Mining Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Rockwell Automation, Inc., SAP SE, Trimble Navigation Limited, HEXAGON, STONE THREE MINING PTY LTD, SYMBOTICWARE INC., Alastri, IntelliSense.io, ABB Ltd., Atlas Copco, Caterpillar Inc., Hitachi Construction Machinery Co., Ltd., Joy Global Inc., Komatsu Ltd., Sandvik AB, Cisco Systems, Inc., and Alcatel-Lucent.Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Smart Mining Market has been segmented as below:
By Hardware component Analysis
• Sensors
• Intelligent Systems
• RFID Tags
• Others
By Software Component Analysis
• Logistics Software
• Safety and Security Systems
• Data and Operation Management Software
• Connectivity Solutions
• Remote management Solutions
• Analytics Solutions
• Asset management Solutions
By Automated Equipment Analysis
• Excavators
• Drillers & Breakers
• Load Haul Dump
• Robotic Truck
• Other Automated Equipment
By Service Analysis
• Support and Maintenance
• Product Training Services
• System Integration and Implementation services
• Consulting Services
By Regional Analysis
• North America
• Europe
• Asia-Pacific
• Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Global Smart Mining Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Smart Mining Market data.
4) Assess your competitor’s refining portfolio and its evolution.
About MarketResearchEngine.com
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
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