Press release
Technological Advancements : Mining Laboratory Automation Solutions Market Globally Grow at a CAGR of 0.15% by 2020
The automation of laboratory functions in the mining industry reduces the requirement of human labor in the work environment, reducing human errors. Automation not only lowers errors but also improves efficiency and accuracy in most cases. Analytical instrument manufacturers have started providing complete analytical solutions instead of just instruments. Hyphenation, the combination of one or more functions into a single container, is another trend that vendors have started to address. It often requires two or more individual instruments to be built under a single casing so that they can work in tandem.
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Technavios analysts forecast the global mining laboratory automation solutions market to grow at a CAGR of 0.15% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global mining laboratory automation solutions market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of hardware and software licenses, upgrades of existing solutions, and maintenance and services for calculating laboratory automation solutions market value in the mining industry.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Mining Laboratory Automation Solutions 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
Bruker
FLSmidth
Thermo Fisher Scientific
ROCKLABS
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Other prominent vendors
Datech Scientific Limited
GE Energy
Hach
Intertek
JEOL
Shimadzu
ThyssenKrupp
Waters
Market driver
Inefficiencies in conventional analytical mining laboratory.
For a full, detailed list, view our report
Market challenge
Need for continuous maintenance and services.
For a full, detailed list, view our report
Market trend
Outsourcing of mining laboratory functions to commercial laboratories.
For a full, detailed list, view our report
Browse Report @ http://www.researchmoz.us/global-mining-laboratory-automation-solutions-market-2016-2020-report.html
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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