Mining Automation Market Analysis The Mining Automation Market is projected to touch USD 4.03 billion at an 8.6% CAGR between 2018- 2025, states the recent Market Research Future (MRFR) analysis. Mining automation includes the usage of software automation and process and use of robotic technology both in mining automation and mining vehicles. This process includes the extraction of minerals, ores, and other resources using information and technology. Mining automation is undertaken to ensure safety, better productivity, improved efficiency, and fall in operating cost in the mine site. Various factors are propelling the global mining automation market share. As per the current MRFR report, such factors include the growing need for worker safety, reduction in the overall operational price, improved productivity, rising productivity of mining activities with the help of automation, the availability of mining automation software, and elimination of time & high labor cost. Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/8666 On the contrary, depletion of natural resources and the impact of the ongoing COVID-19 pandemic may impede the global mining automation market growth over the forecast period. Market Segmentation The MRFR report offers an inclusive segmental analysis of the global mining automation market report based on operation and offering. By offering, the global mining automation market is segmented into hardware, software, and communication system. The hardware segment is again segmented into tunnelling equipment, pumping nations, mining load-haul-dump (LHD), autonomous drilling rig, autonomous mining truck, and others. The software segment is again segmented into temperature monitoring system, remote operations and monitoring, workforce management, fleet management, and others. The communication systems segment is segmented into wireless mesh networks, navigation systems, and others. Of these, the software segment will lead the market over the forecast period. By operation, the global mining automation market is segmented into mining process, management, and development. The mining process segment is segmented into autonomous drilling and autonomous haulage. The maintenance is segmented into mine dewatering and HVAC. The development segment is segmented into access road construction, tunnel boring, and others. Of these, the mining process segment will dominate the market over the forecast period. Regional Analysis Based on the region, the global mining automation market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW). Of these, North America will spearhead the market over the forecast period. Growth of autonomous haulage and trucks, drilling segments, strict government regulations with regards
Mining Automation Market Size, Share, Segmentation, Development Trends 2030
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.