The global mining automation market size was US$ 3,301 million in 2021. The global mining automation market size is forecast to reach US$ 6,416 million by 2030, growing at a compound annual growth rate (CAGR) of 7.8% during the forecast period from 2022 to 2030.

Autonomous mining is the transition from old, labor-intensive mining operations to new, technologically sophisticated processes through the use of digitally automated procedures. It consists of machinery, self-driving robotic technology for mining vehicles, and process/software automation (IT automation) (OT automation). International mining businesses are implementing the most recent automation technology to update their operations. Strict environmental monitoring of mines is made possible by automating mining activities. This makes it possible to accurately and quickly analyze risks, particularly those related to air quality. Automation also makes it possible to monitor machine wear and tear so that problems can fix before they become risks.

Factors Influencing Market Growth

• Among the factors driving the global market include rising concerns for miner safety, growing productivity of the mining activity through automation, steady costs such as reduction of high labor cost and time, and the adoption of mining automation software.
• A shortage of high-skilled and talented labor may slow down the overall market growth.
• The presence of technologically advanced equipment and growing digitization leading to smart mines are forecast to offer lucrative opportunities for the global market.

Impact Analysis of COVID-19

The COVID-19 outbreak has had an impact across many different industries. Several industries witnessed a large drop in sales throughout the COVID-19 pandemic. In addition, the mining industry has a high prevalence and severely damaged the workforce. On the other hand, mining automation is suitable for this market situation. The industry relies on hardware and software rather than labor from people. Automation in this industry is leading to progress. Therefore, despite the fact that the coronavirus pandemic had a significant negative impact on the mining industry, automation players recognized this as an opportunity and started investing in the mining industry.

Regional Analysis

The Asia Pacific region garnered the major market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the substantial economic expansion in countries like China and India. In addition, the demand for increased productivity and efficiency in mines led to the adoption of mining automation. The rising government and private enterprises funding for enhancing mining activities boost the market growth in the region.

Leading Competitors

The leading prominent companies profiled in the global mining automation market are:

• Atlas Copco AB
• Caterpillar Incorporated
• Autonomous Solutions Incorporated
• Hexagon AB, Limited
• Komatsu Limited
• Hitachi Construction Machinery Co.
• Rio Tinto
• Sandvik AB
• Rockwell Automation, Incorporated
• Siemens
• Other Prominent Players

Scope of the Report

The global mining automation market segmentation focuses on Technique, Type, Workflow, and Region.

Segmentation based on Technique

• Surface Mining
• Underground Mining

Segmentation based on Type

• Communications Systems
• Software
• Equipment

Segmentation based on Workflow

• Mining Process
  • Autonomous Haulage
  • Automated Drilling
• Mine Maintenance
  • HVAC
  • Mine Dewatering
• Mine Development
  • Tunnel Boring
  • Construction of Access Roads
  • Site Preparation and Clearing

Segmentation based on Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
• South America
  • Brazil
  • Argentina
  • Rest of South America

[TABLE OF CONTENTS]

1 INTRODUCTION OF GLOBAL MINING AUTOMATION MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES

4 GLOBAL MINING AUTOMATION MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS

5 GLOBAL MINING AUTOMATION MARKET, BY TECHNIQUE
5.1 OVERVIEW
5.2 SURFACE MINING
5.3 UNDERGROUND MINING

6 GLOBAL MINING AUTOMATION MARKET, BY TYPE
6.1 OVERVIEW
6.2 COMMUNICATIONS SYSTEMS 
6.3 SOFTWARE
6.4 EQUIPMENT 

7 GLOBAL MINING AUTOMATION MARKET, BY WORKFLOW
7.1 OVERVIEW
7.2 MINING PROCESS
7.2.1 AUTONOMOUS HAULAGE
7.2.2 AUTOMATED DRILLING
7.3 MINE MAINTENANCE
7.3.1 HVAC
7.3.2 MINE DEWATERING
7.4 MINE DEVELOPMENT
7.4.1 TUNNEL BORING
7.4.2 CONSTRUCTION OF ACCESS ROADS
7.4.3 SITE PREPARATION AND CLEARING

8 GLOBAL MINING AUTOMATION MARKET, BY GEOGRAPHY
8.1 OVERVIEW

8.2 NORTH AMERICA

8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO

8.3 EUROPE

8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE

8.4 ASIA PACIFIC

8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC

8.5 MIDDLE EAST & AFRICA

8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA

8.6 SOUTH AMERICA

8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA

9 GLOBAL MINING AUTOMATION MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES

10 COMPANY PROFILES

10.1 ATLAS COPCO AB
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS

10.2 CATERPILLAR INCORPORATED
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS

10.3 AUTONOMOUS SOLUTIONS INCORPORATED
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS

10.4 HEXAGON AB, LIMITED
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS

10.5 KOMATSU LIMITED
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS

10.6 HITACHI CONSTRUCTION MACHINERY CO.
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS

10.7 RIO TINTO
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS

10.8 SANDVIK AB
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS

10.9 ROCKWELL AUTOMATION, INCORPORATED
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS

10.10 SIEMENS
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS