A Global Mining Automation Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Mining Automation industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Mining Automation market, this study covers qualitative and quantitative aspects of the Mining Automation market. In addition to historical data from 2017 to 2032, the research study provides an accurate forecast until 2032 for the Mining Automation market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
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The global mining automation market size was USD 4.92 Billion in 2022 and is expected to register a revenue CAGR of 7.5% during the forecast period, according to latest analysis by Emergen Research. Growing investments in robotic solutions to digitalize and automate mining operations is another major factor contributing to revenue growth of the market. Various safety awareness initiatives are also being taken by government authorities. For instance, on 9 September 2021, The Mine Safety and Health Administration (MSHA) put forth a proposal that can require mine operators with six or more miners to develop and implement a written safety program for motorized and mobile haulage equipment used in surface mines and specific areas of underground mines, excluding belt conveyors. This written program can detail the measures operators would take to assess hazards and risks, aiming to reduce incidents related to accidents, injuries, and fatalities involving surface mobile equipment. The proposal allows mine administrators flexibility to create a safety program tailored to their specific mining conditions and operations.
The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Top competitors of the Mining Automation Market profiled in the report include:
Rockwell Automation, Siemens, Komatsu Mining Corp, Hexagon AB, Sandvik AB, Caterpillar, RPM Global Holdings, Trimble Inc., Liebherr Group, and Atlas Copco among others.
Emergen Research has segmented the global mining automation market on the basis of equipment, software, technique, and region:
· Solution Outlook (Revenue, USD Billion; 2019-2032)
o Software automation
o Equipment automation
1. Autonomous trucks
2. Teleoperated mining equipment
3. Remote control equipment
o Services
1. Implementation & maintenance
2. Training
3. Consulting
· Equipment Type Outlook (Revenue, USD Billion; 2019-2032)
o Automated excavators and loaders
o Robotic trucks and loaders
o Automated drilling systems
o Automated excavators and loaders
· Technique Outlook (Revenue, USD Billion; 2019-2032)
o Surface mining
o Underground mining
· Level of Automation Outlook (Revenue, USD Billion; 2019-2032)
o Assistive automation
o Partial automation
o Conditional automation
o Complete automation
· End-Use Outlook (Revenue, USD Billion; 2019-2032)
o Mineral mines
o Coal mines
o Metal mines
· Application Outlook (Revenue, USD Billion; 2019-2032)
o Mine development
o Mine maintenance
o Mining process
· Regional Outlook (Revenue, USD Billion; 2019-2032)
o North America
1. U.S.
2. Canada
3. Mexico
o Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
6. Benelux
7. Rest of Europe
o Asia Pacific
1. China
2. India
3. Japan
4. South Korea
5. Rest of APAC
o Latin America
1. Brazil
2. Rest of LATAM
o Middle East & Africa
1. Saudi Arabia
2. UAE
3. South Africa
4. Turkey
5. Rest of MEA
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Market Overview:
The research report on the Mining Automation market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Mining Automation business sphere.
Key Objectives of the Report:
· Analysis and estimation of the Mining Automation market size and share for the projected period of 2020-2028
