Mining Automation Market Expected to reach $3,810 Million,
Globally, by 2023
“The features of mining automation such as low operational cost, increasing automation, and others make it
suitable for miners and for the industrial usage in terms of safety and security. Availability of different
customized solutions by the manufacturers increase their usability across various end users.”
According to Seapee Bajaj,
Semiconductor and Electronics
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KEY FINDINGS OF THE STUDY
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The underground mining segment accounted for the highest share in 2016.
Equipment segment generated the highest revenue in 2016.
Asia-Pacific is expected to dominate the market, in terms of market share, during the forecast period.
Major key players profiled cover in Report:
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Mst (Mine Site Technologies)
Sandvik Ab
Atlas Copco Ab
Hexagon
Rpm Global Holdings Limited
Komatsu Ltd.
Market dynamics
Drivers
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Increase in the need for workers safety
Reduction in operating cost
Requirement for increase in productivity
Restraints
• Absence of high skilled and qualified labor
Opportunities
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Enhancement in digital mining
Attraction of tech-savvy generation of workers
⦁ Report Overview:
https://www.alliedmarketresearch.com/mining-automation-market
Analyst Review:
Mining automation involves use of process and software automation, and incorporation of robotic technology
in mining vehicles and automation. The mining automation market is expected to witness rise in demand for
miner safety and increase in productivity of the mining activity through automation. Its different techniques
include underground mining automation and surface mining automation.
Continuous launch of new and improved technologies and a progressive transition from manual cognitive
work to automated cognitive work drives the market growth.
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