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Automated Mining Equipment Market

Automated Mining Equipment Market Forecasts to 2028 – Global Analysis By Component (Hardware, Software, Services), Technique (Underground Mining Technique, Surface Mining Technique), and By Geography

4.9 (45 reviews)
Published: July 2021 ID: SMRC20756
4.9 (45 reviews)
Published: July 2021 ID: SMRC20756

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Automated Mining Equipment Market is accounted for $2,438.37 million in 2020 and is expected to reach $4,648.72 million by 2028 growing at a CAGR of 8.4% during the forecast period. Factors such as rising need to enhance productivity and increasing concerns regarding safety are driving the growth of the market. However, concerns regarding the elimination of many jobs due to automation are hampering the growth of the market.

The mining industry is experiencing a shift resulting in the adoption of automation. It requires a huge amount of human capital, significantly within the developing world wherever labor prices are low therefore there is less incentive for increasing potency. Automated mining equipment entail the reduction of human labor in the mining method.

Based on the technique, the underground mining technique segment is anticipated to expand at a rapid pace during the forecast period owing to the increased safety offered by the automated solutions in this sector. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the increasing manufacturing output and construction activities, especially in the developing economies like China & India.

Some of the key players profiled in the Automated Mining Equipment Market include Caterpillar Inc., Rockwell Automation, Hitachi Ltd, ABB, Komatsu Ltd, AB Volvo, Atlas Copco, Autonomous Solutions, Abacus Engineering, 3B hungaria, Hexagon, Access T&D, Trimble, 3D Laser Mapping, and Advanced Fleet Signs.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 2,438.37 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

8.4%

Predicted 2028 Value:

USD 4,648.72 million

Forecast Years:

2021-2028

Tables, Graphs& Figures

299

Chapters Covered:

Component, Workflow, Technique, Type and Region

Core Drivers and Opportunities:

  • Rising need to enhance productivity
  • Increasing concerns regarding safety
  • Reduced operation costs

Restraining Factors & Market Threats:

  • Concerns regarding the elimination of many jobs due to automation
  • High expenses of automation


Components Covered:
• Hardware
• Software
• Services

Workflows Covered:
• Mining Process
• Mine Development
• Mine Maintenance     

Techniques Covered:
• Underground Mining Technique
• Surface Mining Technique  

Types Covered:
• Communication System
• Equipment

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Automated Mining Equipment Market is majorly driven by rising need to enhance productivity and increasing concerns regarding safety.

The underground mining technique segment is growing at a highest CAGR owing to the increased safety offered by the automated solutions in this sector.

North America dominated with a significant market share due to the factors such as the presence of international active mineral exploration sites and government regulations that mandates the safety of mining sites.

Asia Pacific market is growing at a highest CAGR owing to the increasing manufacturing output and construction activities in the region.

Key players in Automated Mining Equipment Market include Caterpillar Inc., Rockwell Automation, Hitachi Ltd, ABB, Komatsu Ltd, AB Volvo, Atlas Copco, Autonomous Solutions, Abacus Engineering, 3B hungaria, Hexagon, Access T&D, Trimble, 3D Laser Mapping, and Advanced Fleet Signs.

1 Executive Summary      
        
2 Preface       
 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources      
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis     
 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints      
 3.4 Opportunities     
 3.5 Threats       
 3.6 Emerging Markets     
 3.7 Impact of Covid-19     
        
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes     
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
        
5 Global Automated Mining Equipment Market, By Component  

 5.1 Introduction     
 5.2 Hardware      
  5.2.1 Drillers and Breakers    
  5.2.2 Load Haul Dump    
  5.2.3 Robotic Truck    
  5.2.4 Excavators    
 5.3 Software       
  5.3.1 Air Quality and Temperature Monitoring System 
  5.3.2 Workforce Management   
  5.3.3 Data Management    
  5.3.4 Proximity Detection and Collision Avoidance System 
  5.3.5 Remote Operating and Monitoring  
  5.3.6 Fleet Management    
  5.3.7 Asset Tracking Solution   
  5.3.8 Payload Monitoring    
 5.4 Services      
        
6 Global Automated Mining Equipment Market, By Workflow  
 6.1 Introduction     
 6.2 Mining Process      
  6.2.1 Automated Drilling    
  6.2.2 Autonomous Haulage   
 6.3 Mine Development      
  6.3.1 Site Preparation and Clearing   
  6.3.2 Tunnel Boring    
  6.3.3 Construction of Access Roads   
 6.4 Mine Maintenance      
  6.4.1 Mine Dewatering    
  6.4.2 Heating, Ventilating and Air-Conditioning (HVAC) 
        
7 Global Automated Mining Equipment Market, By Technique  
 7.1 Introduction     
 7.2 Underground Mining Technique    
 7.3 Surface Mining Technique     
        
8 Global Automated Mining Equipment Market, By Type  
 8.1 Introduction     
 8.2 Communication System     
  8.2.1 Radio-Frequency Identification (RFID) Tag  
  8.2.2 Wireless Mesh Networks   
  8.2.3 Navigation System    
 8.3 Equipment      
  8.3.1 Tunnelling Equipment   
  8.3.2 Smart Ventilations System   
  8.3.3 Underground Load Haul Dump (LHD) Loader 
  8.3.4 Automation Solutions for Underground Load Haul Dump Loaders
  8.3.5 Autonomous Hauling/Mining Truck  
  8.3.6 Pumping Stations    
  8.3.7 Driver Assist    
  8.3.8 Remote Control    
  8.3.9 Autonomous Drilling Rig   
  8.3.10 Full Automation    
  8.3.11 Tele Operated Mining Equipment  
  8.3.12 Other Equipment    
   8.3.12.1 Total Stations   
   8.3.12.2 Hybrid Shovels   
        
9 Global Automated Mining Equipment Market, By Geography  

 9.1 Introduction     
 9.2 North America     
  9.2.1 US     
  9.2.2 Canada     
  9.2.3 Mexico     
 9.3 Europe      
  9.3.1 Germany     
  9.3.2 UK     
  9.3.3 Italy     
  9.3.4 France     
  9.3.5 Spain     
  9.3.6 Rest of Europe    
 9.4 Asia Pacific     
  9.4.1 Japan     
  9.4.2 China     
  9.4.3 India     
  9.4.4 Australia     
  9.4.5 New Zealand    
  9.4.6 South Korea    
  9.4.7 Rest of Asia Pacific    
 9.5 South America     
  9.5.1 Argentina     
  9.5.2 Brazil     
  9.5.3 Chile     
  9.5.4 Rest of South America   
 9.6 Middle East & Africa     
  9.6.1 Saudi Arabia    
  9.6.2 UAE     
  9.6.3 Qatar     
  9.6.4 South Africa    
  9.6.5 Rest of Middle East & Africa   
         
10 Key Developments      
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 10.2 Acquisitions & Mergers    
 10.3 New Product Launch     
 10.4 Expansions     
 10.5 Other Key Strategies     
        
11 Company Profiling      
 11.1 Caterpillar Inc.     
 11.2 Rockwell Automation    
 11.3 Hitachi Ltd     
 11.4 ABB      
 11.5 Komatsu Ltd     
 11.6 AB Volvo      
 11.7 Atlas Copco     
 11.8 Autonomous Solutions    
 11.9 Abacus Engineering     
 11.10 3B hungaria      
 11.11 Hexagon      
 11.12 Access T&D     
 11.13 Trimble      
 11.14 3D Laser Mapping     
 11.15 Advanced Fleet Signs     


List of Tables       
1 Global Automated Mining Equipment Market Outlook, By Region (2019-2028) ($MN)
2 Global Automated Mining Equipment Market Outlook, By Component (2019-2028) ($MN)
3 Global Automated Mining Equipment Market Outlook, By Hardware (2019-2028) ($MN)
4 Global Automated Mining Equipment Market Outlook, By Drillers and Breakers (2019-2028) ($MN)
5 Global Automated Mining Equipment Market Outlook, By Load Haul Dump (2019-2028) ($MN)
6 Global Automated Mining Equipment Market Outlook, By Robotic Truck (2019-2028) ($MN)
7 Global Automated Mining Equipment Market Outlook, By Excavators (2019-2028) ($MN)
8 Global Automated Mining Equipment Market Outlook, By Software (2019-2028) ($MN)
9 Global Automated Mining Equipment Market Outlook, By Air Quality and Temperature Monitoring System (2019-2028) ($MN)
10 Global Automated Mining Equipment Market Outlook, By Workforce Management (2019-2028) ($MN)
11 Global Automated Mining Equipment Market Outlook, By Data Management (2019-2028) ($MN)
12 Global Automated Mining Equipment Market Outlook, By Proximity Detection and Collision Avoidance System (2019-2028) ($MN)
13 Global Automated Mining Equipment Market Outlook, By Remote Operating and Monitoring (2019-2028) ($MN)
14 Global Automated Mining Equipment Market Outlook, By Fleet Management (2019-2028) ($MN)
15 Global Automated Mining Equipment Market Outlook, By Asset Tracking Solution (2019-2028) ($MN)
16 Global Automated Mining Equipment Market Outlook, By Payload Monitoring (2019-2028) ($MN)
17 Global Automated Mining Equipment Market Outlook, By Services (2019-2028) ($MN)
18 Global Automated Mining Equipment Market Outlook, By Workflow (2019-2028) ($MN)
19 Global Automated Mining Equipment Market Outlook, By Mining Process (2019-2028) ($MN)
20 Global Automated Mining Equipment Market Outlook, By Automated Drilling (2019-2028) ($MN)
21 Global Automated Mining Equipment Market Outlook, By Autonomous Haulage (2019-2028) ($MN)
22 Global Automated Mining Equipment Market Outlook, By Mine Development (2019-2028) ($MN)
23 Global Automated Mining Equipment Market Outlook, By Site Preparation and Clearing (2019-2028) ($MN)
24 Global Automated Mining Equipment Market Outlook, By Tunnel Boring (2019-2028) ($MN)
25 Global Automated Mining Equipment Market Outlook, By Construction of Access Roads (2019-2028) ($MN)
26 Global Automated Mining Equipment Market Outlook, By Mine Maintenance (2019-2028) ($MN)
27 Global Automated Mining Equipment Market Outlook, By Mine Dewatering (2019-2028) ($MN)
28 Global Automated Mining Equipment Market Outlook, By Heating, Ventilating and Air-Conditioning (HVAC) (2019-2028) ($MN)
29 Global Automated Mining Equipment Market Outlook, By Technique (2019-2028) ($MN)
30 Global Automated Mining Equipment Market Outlook, By Underground Mining Technique (2019-2028) ($MN)
31 Global Automated Mining Equipment Market Outlook, By Surface Mining Technique (2019-2028) ($MN)
32 Global Automated Mining Equipment Market Outlook, By Type (2019-2028) ($MN)
33 Global Automated Mining Equipment Market Outlook, By Communication System (2019-2028) ($MN)
34 Global Automated Mining Equipment Market Outlook, By Radio-Frequency Identification (RFID) Tag (2019-2028) ($MN)
35 Global Automated Mining Equipment Market Outlook, By Wireless Mesh Networks (2019-2028) ($MN)
36 Global Automated Mining Equipment Market Outlook, By Navigation System (2019-2028) ($MN)
37 Global Automated Mining Equipment Market Outlook, By Equipment (2019-2028) ($MN)
38 Global Automated Mining Equipment Market Outlook, By Tunnelling Equipment (2019-2028) ($MN)
39 Global Automated Mining Equipment Market Outlook, By Smart Ventilations System (2019-2028) ($MN)
40 Global Automated Mining Equipment Market Outlook, By Underground Load Haul Dump (LHD) Loader (2019-2028) ($MN)
41 Global Automated Mining Equipment Market Outlook, By Automation Solutions for Underground Load Haul Dump Loaders (2019-2028) ($MN)
42 Global Automated Mining Equipment Market Outlook, By Autonomous Hauling/Mining Truck (2019-2028) ($MN)
43 Global Automated Mining Equipment Market Outlook, By Pumping Stations (2019-2028) ($MN)
44 Global Automated Mining Equipment Market Outlook, By Driver Assist (2019-2028) ($MN)
45 Global Automated Mining Equipment Market Outlook, By Remote Control (2019-2028) ($MN)
46 Global Automated Mining Equipment Market Outlook, By Autonomous Drilling Rig (2019-2028) ($MN)
47 Global Automated Mining Equipment Market Outlook, By Full Automation (2019-2028) ($MN)
48 Global Automated Mining Equipment Market Outlook, By Tele Operated Mining Equipment (2019-2028) ($MN)
49 Global Automated Mining Equipment Market Outlook, By Other Equipment (2019-2028) ($MN)
        
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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