Smart Mining Market: Digital Revolution to Transform the Mining Sector

This Future Market Insights (FMI) report examines the ‘Smart Mining market for the period 2015–2020. The primary objective of the report is to offer updates on the advancements in ICT and embedded systems that have given rise to a futuristic technology: the smart mining, which is significantly transforming mining operations.

Smart mining refers to the integrated Information and Communications technology (ICT) solutions for the entire supply chain of the mining industry, enabling efficient connectivity among supervisors, workers, and technicians to allow optimal production and recovery with least or no wastages at any level with safer and environmental friendly nature. Mining industry is shifting towards faster, safer and more perfect production techniques. Additionally, cost cutting strategy has provided competitive edge and encouraged organizations to adopt new technologies, which ensures improved operations and output both in quality and quality.

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In the next section, FMI covers the Global Smart Mining market performance in terms of Global Smart Mining revenue split, since this is detrimental to growth of the Smart Mining market. This section additionally includes FMI’s analyses of the key trends, drivers and restraints from the supply, demand and economy side, which are influencing the Global Smart Mining market. Impact analysis and latest technological trends opportunity assessment is included in the Global Smart Mining market report to better equip and arm clients with crystal clear decision-making insights.

The primary focus of the following sections to analyse the Global Smart Mining market by adoption among mining companies; the primary segment covered under the scope of the report are automated equipment and component uptake among mine operators. A detailed analysis has been provided for every level of segment and sub-segment in terms of Market Value Forecast.

As highlighted earlier, Global Smart Mining is an aggregation of automated equipment (including driller & breaker, load haul dump, mining excavator and other equipment) and component (including hardware, solution and service). All these sub-segments are included in this section to make the study more comprehensive.

The next section of the report highlights automated equipment and component adoption by geography. It provides a market outlook for 2015–2020 and sets the forecast within the context of the smart mining ecosystem, including automated equipment and component to build a complete picture at regional and country levels. This study discusses the key regional trends contributing to growth of the smart mining equipment and component market on a regional basis. Key regions/country assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan and Middle East & Africa (MEA).

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All the above sections, by automated equipment, by component and by regions, evaluate the present scenario and the growth prospects of the Global Smart Mining market for the period 2015 –2020. We have considered 2013 as the base year and provide data for the trailing 12 months.

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This release was published on openPR.