Global Mining Automation Market Growth 2023-2029

Global Mining Automation Market Growth 2023-2029

Automated mining involves the removal of human labor from the mining process. The mining industry is in the transition towards automation. It can still require a large amount of human capital, particularly in the developing world where labor costs are low so there is less incentive for increasing efficiency. Automated mining is an umbrella term that refers to two types of technology. The first type of mining automation deals with process and software automation; the second type deals with applying robotic technology to mining vehicles and equipment.

LPI (LP Information)' newest research report, the “Mining Automation Industry Forecast” looks at past sales and reviews total world Mining Automation sales in 2022, providing a comprehensive analysis by region and market sector of projected Mining Automation sales for 2023 through 2029. With Mining Automation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mining Automation industry.

This Insight Report provides a comprehensive analysis of the global Mining Automation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mining Automation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mining Automation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mining Automation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mining Automation.

The global Mining Automation market size is projected to grow from US$ 2903.9 million in 2022 to US$ 3887 million in 2029; it is expected to grow at a CAGR of 3887 from 2023 to 2029.

全球采矿自动化主要厂商有Caterpillar、Sandvik、Atlas Copco、Komatsu等。前四大厂商共占有超过50%的市场份额。目前欧洲是采矿自动化全球最大的市场，占有大约30%的份额。

This report presents a comprehensive overview, market shares, and growth opportunities of Mining Automation market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Underground Mining Automation
Surface Mining Automation

Segmentation by application
Metal Mining
Mineral Mining
Coal Mining
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Caterpillar
Sandvik
Atlas Copco
Komatsu
ABB
Hitachi
Hexagon
Rockwell
Micromine
Volvo Group
Trimble
Remote Control Technologies
Mine Site Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mining Automation market?

What factors are driving Mining Automation market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Mining Automation market opportunities vary by end market size?

How does Mining Automation break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.