Mining Automation Market Share, Size, Trends, Industry Analysis Report, By Solution (Software Automation, Equipment Automation, and Services); By Application; By Workflow; By Region; Segment Forecast, 2023 - 2032

Mining Automation Market Share, Size, Trends, Industry Analysis Report, By Solution (Software Automation, Equipment Automation, and Services); By Application; By Workflow; By Region; Segment Forecast, 2023 - 2032



The global mining automation market size is expected to reach USD 9.95 billion by 2032, according to a new study by Polaris Market Research. The report “Mining Automation Market Share, Size, Trends, Industry Analysis Report, By Solution (Software Automation, Equipment Automation, and Services); By Application; By Workflow; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Extensively growing advancements in technology including artificial intelligence, machine learning, and robotics, has resulted in significant rise in the usage of mining automation solutions aiming to boost the production efficiency and ensuring the highest level of safety to the workers, are among the key factors driving market growth. The mining companies globally are also implementing on wireless network technology that allows internet protocol telephones and highly advanced positioning technology are installed in mines.

For instance, in February 2023, Vedanta Aluminium, introduced Robotic Process Automation for their entire commercial phase, that makes Vedanta the first company to use hyper automation in the Indian mining industry.

Moreover, the industry is shifting from traditional trucks to electric operated trucks. Electric mining trucks have many advantages over traditional diesel-powered trucks when it comes to productivity. The electric drivetrain provides better efficiency and reduces the number of components needed, which can translate to lower maintenance and operating costs.

In the recent years, advanced data analytics is being highly applied to the raw data for creating visualization, insights, and recommendations, that is delivered to the mine employees and managers in real time on their smart mobile devices, thus such kind of innovations and technology adoption in the mining sector is likely to create lucrative growth opportunities and will stimulate the demand soon.

Moreover, the rising incorporation of chirp technology in mining activities complementing GPS and LiDAR to exchange data, measure distances, and determine locations is also generating new potential for the global market. As, it enables mine operators to optimize the operations and reduce the accident risks through improving communication and coordination. In combination with the IoT platforms, these technologies are projected to make several mining operations more sustainable through minimizing the energy consumption and waste production.

Furthermore, the tension surrounding new climate policies has also increased regional tensions, as governments seek to balance the need to tackle climate change with the need to address energy supply issues. Some regions may see the implementation of new climate policies as a threat to their energy security and may push back against such policies.

Mining Automation Market Report Highlights

Software automation segment accounted for largest market share in 2022, on account development in vehicles including autonomous truck and tele-operated mining equipment

Metal mining segment anticipated to register a high CAGR due to growing prevalence for automated solutions and technologies to cater the rising need for base metals

Mine development held the largest share in 2022, mainly due to surging penetration for underground mining for coal and other deposits

Asia Pacific region dominated the global market, owing to adoption of automated mining equipment among large companies and low labor cost

The global key market players include Autonomous Solution, RPM Global Holdings, Rockwell Automation, SANY Group, Liebherr Group, and Mine Site Technologies

Polaris Market Research has segmented the mining automation market report based on solution, application, workflow, and region:

Mining Automation, Solution Outlook (Revenue - USD Billion, 2019 - 2032)

Software Automation

Equipment Automation

Services

Mining Automation, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Metal Mining

Mineral Mining

Coal Mining

Mining Automation, Workflow Outlook (Revenue - USD Billion, 2019 - 2032)

Mine Development

Mining Process

Mine Maintenance

Mining Automation, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Mining Automation Market Insights
4.1. Mining Automation Market – Workflow Snapshot
4.2. Mining Automation Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growing concern for mine and labor safety
4.2.1.2. Availability of technologically advanced equipment
4.2.2. Restraints and Challenges
4.2.2.1. Lack of skilled workforce
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Mining Automation Market Workflow Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Mining Automation Market, by Solution
5.1. Key Findings
5.2. Introduction
5.2.1. Global Mining Automation Market, by Solution, 2019-2032 (USD Billion)
5.3. Software Automation
5.3.1. Global Mining Automation Market, by Software Automation, by Region, 2019-2032 (USD Billion)
5.4. Equipment Automation
5.4.1. Global Mining Automation Market, by Equipment Automation, by Region, 2019-2032 (USD Billion)
5.5. Services
5.5.1. Global Mining Automation Market, by Services, by Region, 2019-2032 (USD Billion)
6. Global Mining Automation Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Mining Automation Market, by Application, 2019-2032 (USD Billion)
6.3. Metal Mining
6.3.1. Global Mining Automation Market, by Metal Mining, by Region, 2019-2032 (USD Billion)
6.4. Mineral Mining
6.4.1. Global Mining Automation Market, by Mineral Mining, by Region, 2019-2032 (USD Billion)
6.5. Coal Mining
6.5.1. Global Mining Automation Market, by Coal Mining, by Region, 2019-2032 (USD Billion)
7. Global Mining Automation Market, by Workflow
7.1. Key Findings
7.2. Introduction
7.2.1. Global Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
7.3. Mine Development
7.3.1. Global Mining Automation Market, by Mine Development, By Region, 2019-2032 (USD Billion)
7.4. Mining Process
7.4.1. Global Mining Automation Market, by Mining Process, By Region, 2019-2032 (USD Billion)
7.5. Mine Maintenance
7.5.1. Global Mining Automation Market, by Mine Maintenance, By Region, 2019-2032 (USD Billion)
8. Global Mining Automation Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Mining Automation Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Mining Automation Market – North America
8.3.1. North America: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.3.2. North America: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.3.3. North America: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.3.4. Mining Automation Market – U.S.
8.3.4.1. U.S.: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.3.4.2. U.S.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.3.4.3. U.S.: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.3.5. Mining Automation Market – Canada
8.3.5.1. Canada: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.3.5.2. Canada.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.3.5.3. Canada: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.4. Mining Automation Market – Europe
8.4.1. Europe: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.4.2. Europe.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.4.3. Europe: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.4.4. Mining Automation Market – UK
8.4.4.1. UK: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.4.4.2. UK.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.4.4.3. UK: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.4.5. Mining Automation Market – France
8.4.5.1. France: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.4.5.2. France.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.4.5.3. France: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.4.6. Mining Automation Market – Germany
8.4.6.1. Germany: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.4.6.2. Germany.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.4.6.3. Germany: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.4.7. Mining Automation Market – Italy
8.4.7.1. Italy: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.4.7.2. Italy.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.4.7.3. Italy: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.4.8. Mining Automation Market – Spain
8.4.8.1. Spain: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.4.8.2. Spain.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.4.8.3. Spain: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.4.9. Mining Automation Market – Netherlands
8.4.9.1. Netherlands: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.4.9.2. Netherlands.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.4.9.3. Netherlands: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.4.10. Mining Automation Market – Russia
8.4.10.1. Russia: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.4.10.2. Russia.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.4.10.3. Russia: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.5. Mining Automation Market – Asia Pacific
8.5.1. Asia Pacific: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.5.2. Asia Pacific.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.5.3. Asia Pacific: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.5.4. Mining Automation Market – China
8.5.4.1. China: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.5.4.2. China.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.5.4.3. China: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.5.5. Mining Automation Market – India
8.5.5.1. India: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.5.5.2. India.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.5.5.3. India: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.5.6. Mining Automation Market – Malaysia
8.5.6.1. Malaysia: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.5.6.2. Malaysia.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.5.6.3. Malaysia: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.5.7. Mining Automation Market – Japan
8.5.7.1. Japan: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.5.7.2. Japan.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.5.7.3. Japan: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.5.8. Mining Automation Market – Indonesia
8.5.8.1. Indonesia: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.5.8.2. Indonesia.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.5.8.3. Indonesia: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.5.9. Mining Automation Market – South Korea
8.5.9.1. South Korea: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.5.9.2. South Korea.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.5.9.3. South Korea: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.6. Mining Automation Market – Middle East & Africa
8.6.1. Middle East & Africa: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.6.2. Middle East & Africa.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.6.3. Middle East & Africa: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.6.4. Mining Automation Market – Saudi Arabia
8.6.4.1. Saudi Arabia: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.6.4.2. Saudi Arabia.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.6.4.3. Saudi Arabia: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.6.5. Mining Automation Market – UAE
8.6.5.1. UAE: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.6.5.2. UAE.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.6.5.3. UAE: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.6.6. Mining Automation Market – Israel
8.6.6.1. Israel: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.6.6.2. Israel.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.6.6.3. Israel: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.6.7. Mining Automation Market – South Africa
8.6.7.1. South Africa: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.6.7.2. South Africa.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.6.7.3. South Africa: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.7. Mining Automation Market – Latin America
8.7.1. Latin America: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.7.2. Latin America.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.7.3. Latin America: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.7.4. Mining Automation Market – Mexico
8.7.4.1. Mexico: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.7.4.2. Mexico.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.7.4.3. Mexico: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.7.5. Mining Automation Market – Brazil
8.7.5.1. Brazil: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.7.5.2. Brazil.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.7.5.3. Brazil: Mining Automation Market, by Application, 2019-2032 (USD Billion)
8.7.6. Mining Automation Market – Argentina
8.7.6.1. Argentina: Mining Automation Market, by Solution, 2019-2032 (USD Billion)
8.7.6.2. Argentina.: Mining Automation Market, by Workflow, 2019-2032 (USD Billion)
8.7.6.3. Argentina: Mining Automation Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Hexagon
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Sandvik
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. Autonomous Solution
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Komatsu Ltd
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Rockwell Automation
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. RPM Global Holdings
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Siemens
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Trimble Inc
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Epiroc AB
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Atlas Copco
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. Caterpillar
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Liebherr Group
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Mine Site Technologies
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
10.14. Rio Tinto
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Recent Development
10.15. Hitachi Construction
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Recent Development
10.16. Metso Outotec
10.16.1. Company Overview
10.16.2. Financial Performance
10.16.3. Product Benchmarking
10.16.4. Recent Development
10.17. SANY Group
10.17.1. Company Overview
10.17.2. Financial Performance
10.17.3. Product Benchmarking
10.17.4. Recent Development

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