automated mining equipment market
automated mining equipment market

Automated Mining Equipment Market Growth with Top Competitors Access Environmental Systems, Access T&D, Accruent, Action Construction Equipment Ltd.,, and Others

Global Automated Mining Equipment Market is to register a substantial CAGR of 7.5% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to safety of worker, productive rising, and Operation Price. Global Automated Mining Equipment Market By Technique (Surface Mining Technique, Underground Mining Technique) Workflow (Mine Development, Mining Process, Mine Maintenance) Type (Equipment, Software, Communication System), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

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Few of the major competitors currently working in the global automated mining equipment market are 3Bhungária Ltd, 3D LASER MAPPING, 3D-P, AAMCOR LLC, Abacus Engineering Solutions (Pty) Ltd, ABB, Guideline Geo, Access Environmental Systems, Access T&D, Accruent, Action Construction Equipment Ltd.  .,, Adrok Ltd., Advanced Fleet Signs Pty Ltd,  ADVANCED GEOSCIENCES, INC. ,  Aero Survey and Photography, PressurePro, AgentFly Technologies s.r.o., Rockwell Automation, Inc. , Autonomous Solutions Inc. and others

Market Restraints:

  • Depletion of natural resources  acts as a restraint for the market growth
  • High cost of automation hinders the market growth

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

Global Automated Mining Equipment Market Segmentation: 

By Technique

  • Surface Mining Technique
  • Underground Mining Technique

By Workflow

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

By Type

  • Equipment
    • Autonomous Hauling/Mining Truck
    • Autonomous Drilling Rig
    • Underground LHD Loader
    • Automation Solutions for Underground LHD Loaders
    • Tunnelling Equipment
    • Smart Ventilations System
    • Pumping Stations
    • Others
      • Hybrid Shovels
      • Total Stations
  • Software
    • Workforce Management
    • Proximity Detection and Collision Avoidance System
    • Air Quality and Temperature Monitoring System
    • Fleet Management
    • Remote Operating and Monitoring
    • Data Management
    • Others
      • Asset Tracking Solution
      • Payload Monitoring
  • Communication System
    • Wireless Mesh Networks
    • Navigation System
    • Radio-Frequency Identification (RFID)Tag

By Geography

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Automated mining equipment entail the reduction of human labor in the mining method. The mining industry is experiencing a shift resulting in the adoption of automation. It requires a huge amount of human capital, significantly within the developing world wherever labor prices are low therefore there is less incentive for increasing potency. There are two kinds of machine-controlled mining- method and software system automation along with its application in for mining vehicles. Mining equipment automation comprises of four different forms namely remote control, teleoperation, driver assist and full automation

Market Drivers:

  • Increasing necessity  for worker safety is driving the market
  • Growing requirement for rising productivity is enhancing the market growth
  • Reduction in in operation prices is  propelling the market to grow
  • Requirement for improved productivity in mining will drive the market

Global automated mining equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automated mining equipment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Developments in the Market

  • In January 2018, Sandvik Pantera Dpi Series Drill Rigs Increased the Productivity of the company as it is intelligent, self-propelled and crawler based surface drill rig. This technology will enable the company to control the whole drilling process with the whole accuracy which will ensure optimal drilling performance. Its lubrication system will promote fast and efficient penetration. In this the oil is circulated through filters which reduces oil and fuel consumption and makes it very economical in usage
  • In June 2016 Atlas Copco, a leading supplier of sustainable productiveness solutions, received an order from BHP Billiton for eighteen drill rigs to be used in the iron ore mines in Western Australia as the machine has the capacity of drilling more than one million meters which will provide innovative solution enhancing the customer’s productivity and even assist in maintaining a healthy partnership with BHP Billiton

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About Data Bridge Market Research 14413 Articles
Hi, I am Ravi Kumar, a Blogger, Freelancer, SEO Consultant, an Internet Marketer, I am a research analyst who loves to evaluate data relating to Manufacturing industry, Management of companies and enterprises, Finance and insurance, Wholesale trade, Management, scientific, and technical consulting services

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