Smart Mining Market to Witness Great Growth to $15,837 million and Highest CAGR of 14.9% by 2027 | Alastri, Caterpillar Inc., Joy Global Inc., Komatsu Ltd., Cisco Systems

Smart mining market generated revenue of $5,328 million in 2014 and is expected to reach a market value of $15,837 million by 2022 with a CAGR of 14.9%. Smart mining refers to the use of information, autonomy, and technology to gain better productivity, safety, and reduce operational costs for a mine site. Mining companies focus to improve the productivity by offering innovative software & solutions. Smart mining also includes remote-controlled robotic machinery for mineral extraction, which is referred to as telerobotic mining and reduces the risk for miners. Caterpillar uses robots at Gabriela Mistral mine in Antofagasta to enrich the efficiency of maintenance services.

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Leading Players in the Smart Mining Market:

• ABB Group
• Rockwell Automation, Inc.
• Trimble Navigation Limited
• Alastri
• Caterpillar Inc.
• Joy Global Inc.
• Komatsu Ltd.
• Cisco Systems, Inc.
• Hexagon AB

The Smart Mining market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated to reveal in the coming years. This intelligence study also encompasses the revenue share, market size, market potential, and rate of consumption to draw insights pertaining to the rivalry to gain control of a large portion of the market share.

By Type
• Underground Mining
• Surface Mining

By Category
• Automated Equipment
• Excavator
• Robotic Truck
• Driller & Braker
• Load Haul Dump
• Other Automated Equipment

Competitive landscape

The Smart Mining Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies to increase their market share. The vendors engaged in the sector are outlined based on their geographic reach, financial performance, strategic moves, and product portfolio. The vendors are gradually widening their strategic moves, along with customer interaction.

Smart Mining Market Segmented by Region/Country: US, Europe, China, Japan, Middle East & Africa, India, Central & South America

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Points Covered in the Report:

1. The pivotal aspects considered in the Global Smart Mining Market report consist of leading competitors functioning in the Global Smart Mining market
2. The report encompasses company profiles prominently positioned in the global market.
3. The sales, corporate strategies, and technological capabilities of leading manufacturers are also mentioned in the report.
4. The driving factors for the growth of the Global Smart Mining Market are explained exhaustively, along with an in-depth account of the end users in the industry.
5. The report also explains critical application areas of the market to readers/users.
6. The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of industry experts and professionals. The experts also evaluate the export/import policies that might propel the growth of the Global Smart Mining Market.
7. The report on the Global Smart Mining Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.

Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Smart Mining Market Size
2.2 Smart Mining Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Smart Mining Market Size by Manufacturers
3.2 Smart Mining Key Players Head office and Area Served
3.3 Key Players Smart Mining Product/Solution/Service
3.4 Date of Enter into Smart Mining Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Smart Mining Sales by Product
4.2 Global Smart Mining Revenue by Product
4.3 Smart Mining Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Smart Mining Breakdown Data by End User

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