Smart Mining Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, and Forecast to 2027
The global smart mining market size is expected to reach USD 2,455.8 million in 2027 from USD 925.7 million in 2019, growing at a CAGR of 16% from 2021 to 2027. Increasing awareness of the harsh effects of the mining environment, such as UV exposure, dust, noise, chemical hazards, and ground instability pose health problems for mine workers. This is influencing many major manufacturers to introduce advanced smart mining solutions into the smart mining market, which is one of the key drivers of the global market.
Smart Mining Market- Segmentation
By Type
- Underground Mining
- Surface Mining (Open Pit or Open Cast Mining)
By Category
- Automated Equipment
- Component
- Consulting Services
Key Players
The key smart mining market players profiled in the report include ABB Ltd., Caterpillar Inc., Cisco Systems, Inc., Hexagon AB, Hitachi Ltd., Komatsu Ltd., Robert Bosch GmbH, Rockwell Automation Inc., Sandvik AG, and Trimble Inc.
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Smart Mining Market Report
- What was the Smart Mining Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Smart Mining Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Smart Mining Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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