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Mining Automation Market by Technique (Underground Mining Automation and Surface Mining Automation) and Type (Equipment, Software, and Communication System) - Global Opportunities Analysis and Industry Forecast, 2017-2023 Update Available On-Demand
| A04239 | Pages: 185 | Mar 2018 | 7775 Views | | |
| Author(s) : Seapee Bajaj | Tables: 76 | Charts: 42 | Formats*: | |
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Request Now !Mining Automation Market Overview:
The global mining automation market size was valued at $2,193 million in 2016, and is projected to reach at $3,810 million by 2023, growing at a CAGR of 7.9% from 2017 to 2023. Mining automation involves use of process and software automation, and incorporation of robotic technology in mining vehicles and automation. Mining automation involves extracting ores, minerals, or other resources using technology and information. The process is undertaken to ensure, better efficiency, productivity, safety, and reduction in operating cost at the mine site. It involves removal of human labor from the mining process.
Key factors such as rise in concerns for miner safety, increase in productivity of the mining activity through automation, controlled costs such as elimination of high labor cost and time, and emergence of mining automation software drive the demand for mining automation. However, depletion of natural resources restrains the market growth. Most of the manual tasks, involving entry level mining positions, have been taken over by mining automation, leading to loss of job opportunities for unskilled laborers, which impedes the market growth. Similarly, increase in transition of consumers toward automation fuels the growth.
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Segment Overview
The global mining automation market is segmented based on technique, type, and region. Underground mining and surface mining are studied under the technique segment. Based on type, the market is divided into equipment, software, and communication system. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Growth in automation, urbanization in countries, such as India and China, and rise in the transition from manual cognitive work to automated cognitive work is anticipated to boost the growth of the Mining Automation Market from 2017 to 2023.
Increase in the Need for Worker Safety
Working in underground mines is considered to be extremely hazardous due to the potential dangers such as lack of proper ventilation, exposure to toxic gases, and adverse health effects. This concern derived the need for advanced mining equipment for underground mining techniques to safeguard mine workers, which majorly drives the market.
Reduction in Operating Cost
Automated mining involves removal of manual labor from the mining process. Further, reduction in time needed to travel through the mine during the shift reduces the overall cost involved in the mining process which drives the market growth.
Absence of High Skilled and Qualified Labor
The adoption of mining automation involves requirement of highly skilled and qualified labors at the mine site. The lack of required personnel to operate the technology is the major backdrop. Absence of such required work force acts as a major restraint for the market growth.
Key players operating in the global mining automation market include Autonomous Solution Inc., Atlas Copco, Caterpillar, Hexagon, Hitachi, Komatsu Ltd., Mine site technologies, RPM Global Holdings Ltd., Sandvik AB, and Trimble.
Key Benefits for Mining Automation Market:
- This report provides an extensive analysis of the current and emerging mining automation market trends and dynamics.
- In-depth mining automation market analysis is conducted by constructing market estimations for the key market segments between 2016 and 2023.
- Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
- The global mining automation market forecast analysis from 2016 to 2023 is included in the report.
- Key players operating in the global market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the mining automation industry.
Mining Automation Market Key Segments:
By Technique
- Underground Mining Automation
- Surface Mining Automation
By Type
- Equipment
- Software
- Communication System
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY MARKET SEGMENTS
1.3. RESEARCH METHODOLOGY
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top Winning Strategies
3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS, 2016
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Increase in the need for workers safety
3.5.1.2. Reduction in operating cost
3.5.1.3. Requirement for increase in productivity
3.5.2. Restraint
3.5.2.1. Absence of high skilled and qualified labor
3.5.3. Opportunities
3.5.3.1. Enhancement in digital mining
3.5.3.2. Attraction of tech-savvy generation of workers
CHAPTER 4: MINING AUTOMATION MARKETMARKET, BY TECHNIQUE
4.1. OVERVIEW
4.2. UNDERGROUND MINING AUTOMATION
4.2.1. Key market trends and opportunities
4.2.2. Market size and forecast
4.3. SURFACE MINING AUTOMATION
4.3.1. Key market trends and opportunities
4.3.2. Market size and forecast
CHAPTER 5: GLOBAL MINING AUTOMATION MARKET, BY TYPE
5.1. OVERVIEW
5.2. EQUIPMENT
5.2.1. Key market trends and opportunities
5.2.2. Market size and forecast
5.3. SOFTWARE
5.3.1. Key market trends and opportunities
5.3.2. Market size and forecast
5.4. COMMUNICATION SYSTEM
5.4.1. Key market trends and opportunities
5.4.2. Market size and forecast
CHAPTER 6: GLOBAL MINING AUTOMATION MARKET, BY REGION
6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. Key market trends and opportunities.
6.2.2. Market size and forecast, by technique
6.2.3. Market size and forecast by type
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by technique
6.2.4.1.2. Market size and forecast, by type
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by technique
6.2.4.2.2. Market size and forecast, by type
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by technique
6.2.4.3.2. Market size and forecast, by type
6.3. EUROPE
6.3.1. Key market trends
6.3.2. Market size and forecast by technique
6.3.3. Market size and forecast by type
6.3.4. Market size and forecast by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast, by technique
6.3.4.1.2. Market size and forecast, by type
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by technique
6.3.4.2.2. Market size and forecast, by type
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by technique
6.3.4.3.2. Market size and forecast, by type
6.3.4.4. Rest of Europe
6.3.4.4.1. Market size and forecast, by technique
6.3.4.4.2. Market size and forecast, by type
6.4. ASIA-PACIFIC
6.4.1. Key market trends and opportunities
6.4.2. Market size and forecast by technique
6.4.3. Market size and forecast by type
6.4.4. Market analysis by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by technique
6.4.4.1.2. Market size and forecast, by type
6.4.4.2. India
6.4.4.2.1. Market size and forecast, by technique
6.4.4.2.2. Market size and forecast, by type
6.4.4.3. Japan
6.4.4.3.1. Market size and forecast, by technique
6.4.4.3.1. Market size and forecast, by type
6.4.4.4. Rest of Asia-Pacific
6.4.4.4.1. Market size and forecast, by technique
6.4.4.4.2. Market size and forecast, by type
6.5. LAMEA
6.5.1. Key market trends
6.5.2. Market size and forecast by technique
6.5.3. Market size and forecast by type
6.5.4. Market analysis by sub-region
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by technique
6.5.4.1.2. Market size and forecast, by type
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by technique
6.5.4.2.2. Market size and forecast, by type
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by technique
6.5.4.3.2. Market size and forecast, by type
CHAPTER 7: COMPANY PROFILES
7.1. AUTONOMOUS SOLUTION INC.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.1.4. Key strategic moves and developments
7.2. ATLAS COPCO AB
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments
7.3. CATERPILLAR
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.4. HEXAGON
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments
7.5. HITACHI, LTD.
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.6. KOMATSU LTD.
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments
7.7. MST (MINE SITE TECHNOLOGIES)
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segment
7.7.4. Product portfolio
7.7.5. Key strategic moves and developments
7.8. RPM GLOBAL HOLDINGS LIMITED
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9. SANDVIK AB
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.10. TRIMBLE INC.
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
LIST OF TABLES
TABLE 01. GLOBAL MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 02. GLOBAL MINING AUTOMATION MARKET REVENUE FOR UNDERGROUND MINING AUTOMATION, BY REGION, 2016-2023 ($MILLION)
TABLE 03. GLOBAL MINING AUTOMATION MARKET REVENUE FOR SURFACE MINING AUTOMATION, BY REGION, 2016-2023 ($MILLION)
TABLE 04. GLOBAL MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 05. GLOBAL MINING AUTOMATION MARKET REVENUE FOR EQUIPMENT, BY REGION, 2016-2023 ($MILLION)
TABLE 06. GLOBAL MINING AUTOMATION MARKET REVENUE FOR SOFTWARE, BY REGION, 2016-2023 ($MILLION)
TABLE 07. GLOBAL MINING AUTOMATION MARKET REVENUE, FOR COMMUNICATION SYSTEM BY REGION, 2016-2023 ($MILLION)
TABLE 08. GLOBAL MINING AUTOMATION MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 09. NORTH AMERICA MINING AUTOMATION MARKET REVENUE BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 10. NORTH AMERICA MINING AUTOMATION MARKET REVENUE BY TYPE, 2016-2023 ($MILLION)
TABLE 11. NORTH AMERICA MINING AUTOMATION MARKET REVENUE, BY COUNTRY 2016-2023 ($MILLION)
TABLE 12. U.S. MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 13. U.S. MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 14. CANADA MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 15. CANADA MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 16. MEXICO MINING AUTOMATION MARKET REVENUE, TECHNIQUE, 2016-2023 ($MILLION)
TABLE 17. MEXICO MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 18. EUROPE MINING AUTOMATION MARKET REVENUE BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 19. EUROPE MINING AUTOMATION MARKET REVENUE BY TYPE, 2016-2023 ($MILLION)
TABLE 20. UK MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 21. UK MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 22. GERMANY MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 23. GERMANY MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 24. FRANCE MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 25. FRANCE MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 26. REST OF EUROPE MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 27. REST OF EUROPE MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 28. ASIA-PACIFIC MINING AUTOMATION MARKET REVENUE BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 29. ASIA-PACIFIC MINING AUTOMATION MARKET REVENUE BY TYPE, 2016-2023 ($MILLION)
TABLE 30. ASIA-PACIFIC MINING AUTOMATION MARKET REVENUE, BY COUNTRY 2016-2023 ($MILLION)
TABLE 31. CHINA MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 32. CHINA MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 33. INDIA MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 34. INDIA MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 35. JAPAN MINING AUTOMATION MARKETVOLUME, BY TECHNIQUE, 2016-2023 (MILLION UNITS)
TABLE 36. JAPAN MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 37. REST OF ASIA-PACIFIC MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 38. REST OF ASIA-PACIFIC MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 39. LAMEA MINING AUTOMATION MARKET REVENUE BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 40. LAMEA MINING AUTOMATION MARKET REVENUE BY TYPE, 2016-2023 ($MILLION)
TABLE 41. LAMEA MINING AUTOMATION MARKET REVENUE, BY SUB-REGION 2016-2023 ($MILLION)
TABLE 42. LATIN AMERICA MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 43. LATIN AMERICA MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 44. MIDDLE EAST MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 45. MIDDLE EAST MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 46. AFRICA MINING AUTOMATION MARKET REVENUE, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 47. AFRICA MINING AUTOMATION MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 48. AUTONOMOUS SOLUTIONS, INC.: COMPANY SNAPSHOT
TABLE 49. AUTONOMOUS SOLUTIONS, INC.: PRODUCT PORTFOLIO
TABLE 50. ATLAS COPCO: COMPANY SNAPSHOT
TABLE 51. ATLAS COPCO: OPERATING SEGMENTS
TABLE 52. ATLAS COPCO: PRODUCT PORTFOLIO
TABLE 53. CATERPILLAR: COMPANY SNAPSHOT
TABLE 54. CATERPILLAR: OPERATING SEGMENTS
TABLE 55. CATERPILLAR: PRODUCT PORTFOLIO
TABLE 56. HEXAGON: COMPANY SNAPSHOT
TABLE 57. HEXAGON: OPERATING SEGMENTS
TABLE 58. HEXAGON: PRODUCT PORTFOLIO
TABLE 59. HITACHI, LTD.: COMPANY SNAPSHOT
TABLE 60. HITACHI: OPERATING SEGMENTS
TABLE 61. HITACHI: PRODUCT PORTFOLIO
TABLE 62. KOMATSU: COMPANY SNAPSHOT
TABLE 63. KOMATSU: OPERATING SEGMENTS
TABLE 64. KOMATSU: PRODUCT PORTFOLIO
TABLE 65. MINE SITE TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 66. MINE SITE TECHNOLOGIES: OPERATING SEGMENTS
TABLE 67. MINE SITE TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 68. RPM: COMPANY SNAPSHOT
TABLE 69. RPM: OPERATING SEGMENTS
TABLE 70. RPM: PRODUCT PORTFOLIO
TABLE 71. SANDVIK AB: COMPANY SNAPSHOT
TABLE 72. SANDVIK AB: OPERATING SEGMENTS
TABLE 73. SANDVIK AB: PRODUCT PORTFOLIO
TABLE 74. TRIMBLE INC.: COMPANY SNAPSHOT
TABLE 75. TRIMBLE INC.: OPERATING SEGMENTS
TABLE 76. TRIMBLE INC.: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01. GLOBAL MINING AUTOMATION MARKET, 2016-2023
FIGURE 02. GLOBAL MINING AUTOMATION MARKET, BY REGION, 2016-2023
FIGURE 03. GLOBAL MINING AUTOMATION MARKET, BY COMPANY NAMES, 2016-2023
FIGURE 04. TOP INVESTMENT POCKETS: MINING AUTOMATION MARKETMARKET
FIGURE 05. TOP WINNING STRATEGIES, BY YEAR, 2015-2018*
FIGURE 06. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2018* (%)
FIGURE 07. TOP WINNING STRATEGIES, BY COMPANY, 2015-2018*
FIGURE 08. BARGAINING POWER OF BUYERS
FIGURE 09. BARGAINING POWER OF SUPPLIERS
FIGURE 10. THREATS OF NEW ENTRANTS
FIGURE 11. THREATS OF SUBSTITUTES
FIGURE 12. COMPETITIVE RIVALRY
FIGURE 13. MARKET SHARE ANALYSIS: MINING AUTOMATION MARKETMARKET, 2016
FIGURE 14. GLOBAL MINING AUTOMATION MARKET, BY TECHNIQUE, 2017-2023
FIGURE 15. COMPARATIVE ANALYSIS OF UNDERGROUND MINING AUTOMATION MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 16. COMPARATIVE ANALYSIS OF SURFACE MINING AUTOMATION MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 17. GLOBAL MINING AUTOMATION MARKET, BY TYPE, 2016-2023
FIGURE 18. COMPARATIVE ANALYSIS OF EQUIPMENT MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 19. COMPARATIVE ANALYSIS OF SOFTWARE MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 20. COMPARATIVE ANALYSIS OF COMMUNICATION SYSTEM MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 21. ATLAS COPCO: NET SALES, 2015-2017 ($MILLION)
FIGURE 22. ATLAS COPCO: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 23. ATLAS COPCO: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 24. CATERPILLAR: NET SALES, 2014-2016 ($MILLION)
FIGURE 25. CATERPILLAR: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 26. CATERPILLAR: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 27. HEXAGON: NET SALES, 2015-2017 ($MILLION)
FIGURE 28. HEXAGON: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 29. HEXAGON: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 30. HITACHI: NET SALES, 2015-2017 ($MILLION)
FIGURE 31. HITACHI: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 32. HITACHI: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 33. KOMATSU: NET SALES, 2015-2017 ($MILLION)
FIGURE 34. KOMATSU: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 35. KOMATSU: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 36. RPM: NET SALES, 2015-2017 ($MILLION)
FIGURE 37. RPM: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 38. SANDVIK AB: NET SALES, 2014-2016 ($MILLION)
FIGURE 39. SANDVIK AB: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 40. TRIMBLE INC.: NET SALES, 2014-2016 ($MILLION)
FIGURE 41. TRIMBLE INC.: REVENUE SHARE BY SEGMENT, 2016 (%)
FIGURE 42. TRIMBLE INC.: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
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.
In 2016, Asia-Pacific was the highest contributor, in terms of revenue, in the mining automation market. In addition, underground mining cart contributed significant revenue to the market, majorly from the Latin America. Furthermore, the software type is anticipated to witness the highest growth rate during the forecast period, due to heavy investment across the developing nations.
Key market players have adopted various strategies, such as new product launch, business expansion, and strategic alliances to increase awareness about mining automation across various countries.
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