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The global mining automation market was valued at over USD 2.6 billion in 2022 and is expected to reach about USD 4.4 billion in 2030, with a CAGR of more than 6% during the forecast period 2023-2030.
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The continual advancements in robotics, Artificial Intelligence (AI), and Machine Learning (ML) have enabled businesses to pursue automation and increase production efficiency. By leveraging AI and ML, companies can create predictive models that identify potential deposit locations with similar features. Download Sample PDF
Market Drivers Improve the safety of workers in mines, and manage fleets and monitoring systems remotely, are the primary drivers behind the growth of the mining automation market. 1 The growing adoption of innovative technologies is propelling the expansion of automated mining solutions. 2
Market Segmentation On the basis of technique, the sub-markets include underground mining automation, and surface mining automation.
Segmentation by Region • China, Japan, India, • South Korea, Australia, Rest of Asia-Pacific • Germany, United Kingdom, France, Italy, Rest of Europe Latin America, Middle East, Africa U.S., Canada, Mexico
Leading Market Players • Atlas Copco AB • Autonomous Solutions Inc. • Caterpillar • Hitachi Construction Machinery Co., Ltd. • MST Global • Rockwell Automation • RPMGlobal Holdings Limited • Siemens • Sandvik AB • Trimble Inc.
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