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Smart Mining Market Poised to Expand at a Robust Pace by 2024<br>
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©2019 Transparency Market Research, All Rights Reserved Smart Mining Solution Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved
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©2019 Transparency Market Research, All Rights Reserved Smart Mining Solution Market - Emphasis on Achieving Operational Efficiency and Miners’ Safety to Trigger Growth • While the mining sector continues to face the brunt of global recession downturns, mining companies find the need to determine ways to sustain in a market that is also categorized by a widening talent gap, rising stakeholder demands, and deteriorating access tokey aspects such as water and energy. • Today’s scenario has made it vital for miners to concentrate on cdifferentiating their business models to generate long-term value, with which they an not only attract more investors but also generate significant profits. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Contemplating the Past; Tracing the Role of Digital Solutions in Mining • Since the beginning of civilization, individuals have utilized mining techniques to extract minerals from the surface of the Earth. Discoveries have highlighted the extraction of flint pebbles from deposits in Britain and France, back in the New Stone Age. In ancient times, as far back as 3000 BCE, Egyptians mined copper. In the initial stage, mining was slow-paced, hazardous, and involved the use of heavy and complex equipment. However, with progress in time, the mining industry has witnessed the development of safe and accurate methods of discovering and miningsubstancesfound in the Earth. Mining technology has made tremendous advances in the pastthree decades,in wake of the Industry 4.0Revolution. • • • •
©2019 Transparency Market Research, All Rights Reserved Artificial Intelligence: Disrupting the Smart Mining Space • Technologies such as Artificial Intelligence are not just bringing transformations across several industries, but also laying the ground for the mining sector, for becominga digitally disrupted and supported industry. • Apart from offering real-time tracking, predictive maintenance for equipment, and environmental and emission monitoring, AI-enabled systems and solutions are driving operational excellence and safety. • Protecting fatal open-cast accidents on mining sites is made possible with such futuristic systems. ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Large Players Dominating the Global Smart Mining Solution Market Atlas Copco Caterpillar Inc. Komatsu Ltd. Hitachi Construction Machinery Co., Ltd Rockwell Automation, Inc. SAP SE IntelliSense.io Alastri ©2019 Transparency Market Research, All Rights Reserved
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