Global Mining Automation Market Report By Solution (Software Automation, Services (Implementation and Maintenance Services, Training Services, Consulting Services) Equipment Automation (Autonomous Trucks, Remote Control Equipment, Teleoperated Mining Equipment), By Application (Metal Mining, Mineral Mining, Coal Mining) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214254
February 2021
Report Formats:
Global Mining Automation Market Overview 
The key driver impacting the mining automation market is the increasing number of mine worker accidents, and fatalities have forced mine owners to develop innovative solutions and equipment to ensure workers' safety. for instance, the International Labour Organisation (ILO) report estimations show that more than 2 million people die per annum through work-related illnesses and accidents. around 19% of these deaths are due to occupational accidents. the mining industry is responsible for up to 5 percent of global workplace fatalities, despite encompassing just 1 percent of the worldwide workforce. In 2018, total mining fatalities cost the world economy about US$33 billion. a large number of deaths at mining sites made mine owners incorporate automation in mining. for example, Goldcorp, a gold producer headquartered in Canada, uses smart sensors in its Éléonore Mine. Management has installed a network of monitors and sensors to ensure workers and equipment's efficiency and safety. moreover, the rising trend of deploying innovative technologies, such as sensors, robotics, and analytics, is estimated to be a significant factor that adds to the market growth.
According to Value Market Research, the global mining automation market size was valued at around USD 4000 million in 2020 and is projected to grow at a CAGR of about 7.5% during the forecast period of 2021 to 2027.

The rising investments and government support, and ongoing initiatives such as Digital Transformation Initiative (DFT) for a digital transition in the mining sector, are estimated to augment mining automation demand in the forecast period. for instance, World Economic Forum launched the project in 2015. In 2016 the Digital Transformation Initiative (DFT) was extended for a digital transition in the mining sector. It is started to deploy automation, robotics, and operational hardware to improve activities traditionally carried out manually or with human-controlled machinery. Similarly, In 2017, the Australian government had announced its plans to invest approximately USD 79 million to support medium- and small-sized miners to carry out exploration activities. However, depletion of natural resources may hamper the global mining automation market in the long run. also, the lack of skilled personnel to operate automated mining equipment is negatively impacting the market. the current industry trends, such as the growing digitization in mining operations and the evolution of smart connected mines, are expected to provide market players with new market opportunities.

The mining automation market is vast, with many local and global players. the key leaders follow different strategies to advance their market position, such as contracts, amalgamation, extending product portfolio, expansions, acquisitions, and product upgrades to raise their market share across the globe. for instance, in June 2017, Komatsu America Corp., a Komatsu Ltd subsidiary, has introduced HD405-8 and HD325-8 off-highway trucks. The new models contain payload capacities of 36.5 and 40 metric tons, correspondingly. The major players in the report are Atlas Copco, Caterpillar Hexagon, Sandvik, Komatsu Ltd, Rio Tinto Group, and Rockwell Automation, Inc.

Global Mining Automation Market Share

In this research report, the mining automation market is segmented by solution, application, and region.

Analysis by Solution:
 By Solution, the report is categorized into software automation, services, and equipment automation. The equipment automation segment dominates the solution segment with over 35% share in 2020. It is due to the Retrofitting existing equipment with automated technology. Moreover, the rising development of technologically advanced vehicles such as remote control equipment, autonomous trucks, and teleoperated mining equipment driving demand for equipment automation in the forecast period. 

Analysis by Applications:
By application, the report is categorized into metal mining, mineral mining, and coal mining. The metal mining segment dominates the application segment with over 35% share in 2020. It is due to the increasing adoption of autonomous solutions in metal exploration activities. Moreover, the rising demand for metals such as copper, zinc, lead, and nickel by end-use industries is expected to contribute to revenue growth contribute to the high market demand for metal mining applications in the forecast period.

Analysis by Region:
In the regional outlook of the global mining automation market, the Asia Pacific region dominates with a 30% market share during the forecast period. It is due to the presence of vast natural reserves distributed among the countries throughout the region. The augmented adoption of automated mining equipment by foremost exploration and mining companies such as FMG Group, Rio Tinto, and BHP Billiton adds growth to the region. Moreover, mining companies have started utilizing automated mining equipment in their mine sites across the Western region of Australia, contribute to the development of the mining automation market in Asia pacific.

Market Segmentation Covered in the Report:
By Solution
  • Software Automation
  • Services
    • Implementation and Maintenance Services
    • Training Services
    • Consulting Services
  • Equipment Automation
    • Autonomous Trucks
    • Remote Control Equipment
    • Teleoperated Mining Equipment
By Application
  • Metal Mining
  • Mineral Mining
  • Coal Mining
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.  

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . MINING AUTOMATION – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Solution
           3.7.2 By Application
           3.7.3 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL MINING AUTOMATION MARKET ANALYSIS BY SOLUTION
       6.1 Overview by Solution
       6.2 Historical and Forecast Data
       6.3 Analysis by Solution
       6.4 Software Automation Market by Regions
       6.6 Services Market by Regions
       6.5 Equipment Automation Market by Regions
 
7 . GLOBAL MINING AUTOMATION MARKET ANALYSIS BY APPLICATION
       7.1 Overview by Application
       7.2 Historical and Forecast Data
       7.3 Analysis by Application
       7.4 Metal Mining Market by Regions
       7.5 Mineral Mining Market by Regions
       7.6 Coal Mining Market by Regions
 
8 . GLOBAL MINING AUTOMATION MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview, Historic and Forecast Data
           8.3.2. North America By Segment
           8.3.3. North America By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview, Historic and Forecast Data
           8.4.2. Europe by Segment
           8.4.3. Europe by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview, Historic and Forecast Data
           8.5.2. Asia Pacific by Segment
           8.5.3. Asia Pacific by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview, Historic and Forecast Data
           8.6.2. Latin America by Segment
           8.6.3. Latin America by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview, Historic and Forecast Data
           8.7.2. Middle East & Africa by Segment
           8.7.3. Middle East & Africa by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE MINING AUTOMATION COMPANIES
       9.1. Mining Automation Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF MINING AUTOMATION INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Atlas Copco
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. Caterpillar Hexagon
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Sandvik
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Komatsu Ltd
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Rio Tinto Group
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. Rockwell Automation, Inc.
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Solution (USD MN)
  •  Software Automation Market by Geography (USD MN)
  •  Services Market by Geography (USD MN)
  •  Equipment Automation Market by Geography (USD MN)
  •  Analysis Market by Application (USD MN)
  •  Metal Mining Market by Geography (USD MN)
  •  Mineral Mining Market by Geography (USD MN)
  •  Coal Mining Market by Geography (USD MN)
  •  Global Mining Automation Market by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Mining Automation Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Mining Automation Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Solution
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Solution (USD MN)
  •  Software Automation Market by Geography (USD MN)
  •  Services Market by Geography (USD MN)
  •  Equipment Automation Market by Geography (USD MN)
  •  Global Market Analysis by Application (USD MN)
  •  Metal Mining Market by Geography (USD MN)
  •  Mineral Mining Market by Geography (USD MN)
  •  Coal Mining Market by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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