all report title image

 Smart mining is a new type of mining that mine in a variety of ways to minimize its impact on the environment such as longwall mining, mountaintop removal mining, dredging, highwall mining, block caving. There are three main areas of the mining industry which are Open-pit, underwater, and underground mining. Miners can mine from multiple locations by using virtualization technologies with same operational costs. In order to maintain overall security, software solutions are utilized. The algorithms are used by mining companies to find areas with lower security levels and lower operating costs. Smaller businesses can mine more effectively and affordably by these mining operations.

Market Dynamics:

Rising concern about worker safety & health is expected to drive the global smart mining market growth over the forecast period. Governments of many countries have implemented stringent norms with major focus on workers’ safety and health. This has compelled mining companies to provide adequate safety equipment and emergency services for workers. Smart mining maintains safety and health of mine workers by using connected devices and data analytics leveraging IoT devices. Furthermore, fluctuation in commodity prices is expected to drive the global smart mining market growth.For instance in November 2021, According to a report by Magic Software, it’s estimated that 70% of machine malfunctions can be prevented by collecting and analyzing machine data, giving operators a chance to get ahead of safety problems before they happen

Key features of the study:

  • This report provides in-depth analysis of the global smart mining market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global smart mining market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include ABB Ltd., Komatsu Ltd., Sandvik Mining and Construction, Atlas Copco, Alcatel-Lucent, Caterpillar Inc., Cisco Systems Inc., Hitachi Construction Machinery Co. Ltd., Outotec Oyj, and Joy Global Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • Global smart mining market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart mining market
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • Global smart mining market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global smart mining market.

Detailed Segmentation:

  • Global Smart Mining Market, By Hardware
    • Automated Equipment
      • Driller & Breaker
      • Load Haul Dump (LHD)
      • Mining Excavator
      • Robotic Truck
      • Other Equipment
    • Component
      • Hardware
      • Solution
      • Service
  • Global Smart Mining Market, By Solution
    • Data & Operation Management Software
    • Analytics Solution
    • Connectivity Solution
    • Other Solution
  • Global Smart Mining Market, By Service
    • Engineering & Maintenance Service
    • Consulting Service
    • Production Training Service
    • Implementation & Integration Service
  • Global Smart Mining Market, By Region
    • North America
    • Western Europe
    • Eastern Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles
    • ABB Ltd.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Komatsu Ltd.
    • Sandvik Mining and Construction
    • Atlas Copco
    • Alcatel-Lucent
    • Caterpillar Inc.
    • Cisco Systems Inc.
    • Hitachi Construction Machinery Co. Ltd.
    • Outotec Oyj
    • Joy Global Inc.

“*” marked represents similar dataset for other companies as well.

*Browse all the market data tables and figures on “Global Smart Mining Market - Forecast to 2030”

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Hardware
      • Market Snippet, By Solution
      • Market Snippet, By Service
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunities
    • Impact Analysis
    • Key Highlights
    • Regulatory Scenario
    • Product Launches/Approvals
    • PEST Analysis
    • PORTER’s Analysis
    • Merger and Acquisition Scenario
  4. Global Smart Mining Market, By Hardware, 2017–2030, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis Automated Equipment
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Billion)
        • Driller & Breaker
        • Load Haul Dump (LHD)
        • Mining Excavator
        • Robotic Truck
        • Other Equipment
    • Component
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Billion)
        • Hardware
        • Solution
        • Service
  5. Global Smart Mining Market, By Solution, 2017–2030, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Segment Trends
    • Data & Operation Management Software
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Billion)
    • Analytics Solution
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Billion)
    • Connectivity Solution
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Billion)
    • Other Solution
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Billion)
  6. Global Smart Mining Market, By Service, 2017–2030, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Segment Trends
    • Engineering & Maintenance Service
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Billion)
        • Organized Store
        • Independent Store
    • Consulting Service
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Billion)
    • Production Training Service
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Billion)
    • Implementation & Integration Service
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Billion)
  7. Global Smart Mining Market, By Region, 2017–2030, (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2023 and 2030 (%)
    • North America
      • Market Size and Forecast, By Hardware, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Solution, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Service, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Country, 2017–2030, (US$ Billion)
        • U.S.
        • Canada
    • Western Europe
      • Market Size and Forecast, By Hardware, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Solution, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Service, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Country, 2017–2030, (US$ Billion)
        • U.K.
        • Germany
        • Italy
        • France
        • Rest of Europe
    • Eastern Europe
      • Market Size and Forecast, By Hardware, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Solution, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Service, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Country, 2017–2030, (US$ Billion)
        • Poland
        • Russia
    • Asia Pacific
      • Market Size and Forecast, By Hardware, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Solution, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Service, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Country, 2017–2030, (US$ Billion)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Hardware, 2017–2030 ,(US$ Billion)
      • Market Size and Forecast, By Solution, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Service, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Country, 2017–2030, (US$ Billion)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast, By Hardware, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Solution, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Service, 2017–2030, (US$ Billion)
      • Market Size and Forecast, By Country/Sub-region, 2017–2030, (US$ Billion)
        • GCC Countries
        • South Africa
        • Rest of the Middle East &Africa
  8. Competitive Landscape
    • Company Profiles
      • ABB Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Komatsu Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Sandvik Mining and Construction
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Atlas Copco
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Alcatel-Lucent
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Caterpillar Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cisco Systems Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hitachi Construction Machinery Co.Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Outotec Oyj
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Joy Global Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 24 market data tables and 28 figures on “Global Smart Mining Market”- Global Forecast to 2030

View Our Licence Options

  • Need a Custom Report?

    We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

    Customize Now
  • Want to Buy a Report but have a Limited Budget?

    We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail

    Request Discount
Logo

Reliability and Reputation

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo