Report Highlights
Mining Automation Market Size And Forecast
Mining Automation Market was valued at USD 2.68 billion in 2019 and is projected to reach USD 4.39 billion by 2027, growing at a CAGR of 6.85% from 2020 to 2027.
Mining Automation Market Overview
Along with the growing consumer electronics industry, the need for the safety of the workers is also required. Mining sectors face numerous mishaps and faults. Thus, equipment and devices can help reduce causalities and improve workers’ safety. By using automated equipment that can be maneuvered into unsafe areas and difficult locations, mining companies can send fewer miners underground while extracting a higher output with lower risk to their employees. The increasing focus towards worker’s safety thus acts as a potential driver for the global mining automation market.
Mining Automation Market: Segmentation
The Mining Automation market is segmented on the basis of technique, workflow, type, and geography.
Mining Automation Market Competitive Landscape:
The Global Mining Automation market study report will provide valuable insight with an emphasis on the global market including some of the major players such as Caterpillar, Komatsu, Sandvik, Atlas Copco, Hexagon, Hitachi, RPMGlobal and Trimble. Apart from these, some of the other prominent players include Autonomous Solutions Inc., Fluidmesh Networks, MST Global, and Symboticware among others.
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Global Mining Automation Market
The Global Mining Automation Market was valued at USD 2.21 billion in 2016 and is projected to reach USD 4.00 billion by 2025, growing at a CAGR of 6.85% from 2017 to 2025.
Mining Automation involves the removal of human labor from the mining process. The mining industry can still require a large amount of human capital, particularly ...
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