HOME Top Market Reports Mining Automation Market by Technique, Type (Equipment, Software, Communications System), Equipment (Autonomous Hauling/Mining Trucks, Autonomous Drilling Rigs, Underground LHD Loaders, Tunneling Equipment) and Region - Global Forecast to 2023

Mining Automation Market by Technique, Type (Equipment, Software, Communications System), Equipment (Autonomous Hauling/Mining Trucks, Autonomous Drilling Rigs, Underground LHD Loaders, Tunneling Equipment) and Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: October 2017
Report Code: SE 5658

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The mining automation market is expected to grow from USD 2.22 Billion in 2017 to reach USD 3.29 Billion by 2023, at a CAGR of 6.77% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period is between 2017 and 2023.

The adoption of mining automation in various mineral ore sites has increased the number of strategic partnerships between mining automation equipment vendors and other communication systems providers. For instance, Australia is the member economy of Asia-Pacific Economic Corporation (APEC) that receives a large proportion of its income from mining. In June 2016, BHP Billiton Ltd. (Australia), a leading mining company, awarded a contract to Atlas Copco AB (Sweden) for autonomous upgrade packages for 18 drill rigs. The automation of drill rigs has helped BHP Billiton to significantly increase the safety of its personnel at the mine sites and increase the productivity and efficiency of their mining operations in Pilbara, Australia.

The objective of the report is to provide a detailed analysis of the mining automation market based on technique, type, workflow, and geography. The report provides detailed information regarding the major factors influencing the growth of the market. The report also gives a detailed overview of the value chain in the mining automation market and analyzes the market trends.

The research methodology used to estimate and forecast the mining automation market begins with capturing data on key vendor revenue through the secondary research such as International Society of Automation (ISA), Control System Integrators Association (CSIA), Australian Robotics & Automation Association (ARAA), National Mining Association (NMA), press releases, investor relation presentations, and annual reports. The vendor offerings are also considered to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global mining automation market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with people holding key positions such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries is depicted in the figure below:

Mining Automation Market

To know about the assumptions considered for the study, download the pdf brochure

The mining automation ecosystem comprises system integrators, software providers, equipment providers, communications systems, and distributors. The players involved in the development of mining automation include Atlas Copco (Sweden), Caterpillar (US), Hexagon (Sweden), Komatsu (Japan), Sandvik (Sweden), Autonomous Solutions Inc. (US), Hitachi (Japan), RPMGlobal Australia), Trimble (US), Fluidmesh Metworks (US), Mine Site Technologies (Australia), and Symboticware (Canada).

Target Audience of the Report:

  • Mining equipment manufacturers
  • Mining companies
  • Government bodies, venture capitalists, and private equity firms
  • Research institutes and organizations
  • System integrators
  • Original equipment manufacturers (OEMs), wireless communication providers, safety equipment vendors

 “This study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2 to 6 years for prioritizing efforts and investments.”

Scope of the Report:

This research report categorizes the overall mining automation market segmented on the basis of technique, type, workflow, and geography.

Mining Automation Market, by Technique

  • Underground mining
  • Surface mining

Mining Automation Market, by Type

  • Equipment
  • Software
  • Communications systems

Mining Automation Market, by Workflow

  • Mine development
  • Mining process
  • Mine maintenance

Mining Automation Market, by Geography

  • North America
  • South America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the companies’ specific needs. The following customization options are available for the report.

Company Information:

Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
    2.2 Secondary and Primary Research
                    2.2.1.1 Key Industry Insights
                    2.2.1.2 Breakdown of Primaries
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
                    2.3.1.1 Approach for Arriving at the Market Share By Bottom-Up Analysis (Demand Side)
           2.3.2 Top-Down Approach
                    2.3.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.4 Market Breakdown and Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Opportunities in the Mining Automation Market
    4.2 Market, By Mining Process Workflow
    4.3 Market in Asia Pacific, By Type
    4.4 Market, By Workflow
    4.5 Mining Automation Market in Asia Pacific, By Workflow and Country
    4.6 Key Regions to Invest in the Mining Automation Market
    4.7 Mining Automation Market, By Countries

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Need for Worker Safety
                    5.2.1.2 Growing Requirement for Improving Productivity
                    5.2.1.3 Reduction in Operating Costs
           5.2.2 Restraints
                    5.2.2.1 Depletion of Natural Resources
           5.2.3 Opportunities
                    5.2.3.1 Growing Digitization in Mining Operations
                    5.2.3.2 Evolution of Smart Connected Mines
           5.2.4 Challenges
                    5.2.4.1 Integrating Information Technology With Operational Technology
                    5.2.4.2 Lack of Skilled Personnel to Operate Automated Mining Equipment
    5.3 Value Chain Analysis
    5.4 Safety Regulations and Standards Related to Mine Safety

6 Mining Automation Market, By Technique (Page No. - 48)
    6.1 Introduction
    6.2 Surface Mining Technique
    6.3 Underground Mining Technique

7 Mining Automation Market, By Workflow (Page No. - 51)
    7.1 Introduction
    7.2 Mine Development
           7.2.1 Tunnel Boring
           7.2.2 Construction of Access Roads
           7.2.3 Site PrEPAration and Clearing
    7.3 Mining Process
           7.3.1 Autonomous Haulage
           7.3.2 Automated Drilling
    7.4 Mine Maintenance
           7.4.1 Hvac
           7.4.2 Mine Dewatering

8 Mining Automation Market, By Type (Page No. - 59)
    8.1 Introduction
    8.2 Equipment
           8.2.1 Autonomous Hauling/Mining Truck
           8.2.2 Autonomous Drilling Rig
           8.2.3 Underground LHD Loader
                    8.2.3.1 Automation Solutions for Underground LHD Loaders
           8.2.4 Tunnelling Equipment
           8.2.5 Smart Ventilations System
           8.2.6 Pumping Stations
           8.2.7 Others
                    8.2.7.1 Hybrid Shovels
                    8.2.7.2 Total Stations
    8.3 Software
           8.3.1 Workforce Management
           8.3.2 Proximity Detection and Collision Avoidance System
           8.3.3 Air Quality and Temperature Monitoring System
           8.3.4 Fleet Management
           8.3.5 Remote Operating and Monitoring
           8.3.6 Data Management
           8.3.7 Others
                    8.3.7.1 Asset Tracking Solution
                    8.3.7.2 Payload Monitoring
    8.4 Communications System
           8.4.1 Wireless Mesh Networks
           8.4.2 Navigation System
           8.4.3 Radio-Frequency Identification (RFID)Tag

9 Geographic Analysis (Page No. - 72)
    9.1 Introduction
    9.2 North America
           9.2.1 Us
           9.2.2 Canada
           9.2.3 Mexico
    9.3 South America
           9.3.1 Bolivia
           9.3.2 Peru
           9.3.3 Chile
    9.4 Europe
           9.4.1 Russia
           9.4.2 Sweden
           9.4.3 Others
    9.5 Asia Pacific
           9.5.1 Australia
           9.5.2 China
           9.5.3 India
           9.5.4 Others
    9.6 RoW
           9.6.1 Congo
           9.6.2 South Africa
           9.6.3 Others

10 Competitive Landscape (Page No. - 92)
     10.1 Overview
     10.2 Ranking Analysis
     10.3 Competitive Situations and Trends
             10.3.1 Product Launches
             10.3.2 Agreements, Contracts, Collaborations, and Partnerships
             10.3.3 Acquisitions
             10.3.4 Expansions

11 Company Profiles (Page No. - 99)
(Business Overview, Products, Technologies, and Services Offered, Strength of Product Portfolio, Business Strategy Excellence & Recent Developments)*
     11.1 Caterpillar
     11.2 Komatsu
     11.3 Sandvik
     11.4 Atlas Copco
     11.5 Hexagon
     11.6 Hitachi
     11.7 RPMGlobal
     11.8 Trimble
     11.9 Autonomous Solutions Inc.
     11.10 Fluidmesh Networks
     11.11 MST Global
     11.12 Symboticware
     11.13 Key Innovators
             11.13.1 Volvo Group
             11.13.2 Micromine
             11.13.3 Remote Control Technologies

*Details on Business Overview, Products, Technologies, and Services Offered, Strength of Product Portfolio, Business Strategy Excellence & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 138)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (37 Tables)

Table 1 Mining Automation Market, By Technique, 2014–2023 (USD Million)
Table 2 Market, By Workflow, 2014–2023 (USD Million)
Table 3 Mining Workflow Market, By Mine Development, 2014–2023 (USD Million)
Table 4 Mine Development Market, By Region, 2014–2023 (USD Million)
Table 5 Mining Workflow Market, By Mining Process, 2014–2023 (USD Million)
Table 6 Mining Process Market, By Region, 2014–2023 (USD Million)
Table 7 Mining Workflow Market, By Mine Maintenance, 2014–2023 (USD Million)
Table 8 Mine Maintenance Market, By Region, 2014–2023 (USD Million)
Table 9 Mining Automation Market, By Type, 2014–2023 (USD Million)
Table 10 Market, By Equipment, 2014–2023 (USD Million)
Table 11 Market, By Equipment, 2014–2023 (Units)
Table 12 Market for Equipment, By Region, 2014–2023 (USD Million)
Table 13 Market, By Software, 2014–2023 (USD Million)
Table 14 Market for Software, By Region, 2014–2023 (USD Million)
Table 15 Market, By Communications System, 2014–2023 (USD Million)
Table 16 Market for Communications System, By Region, 2014–2023 (USD Million)
Table 17 Market, By Region, 2014–2023 (USD Million)
Table 18 Mining Automation Market in North America, By Country, 2014–2023 (USD Million)
Table 19 Mining Automation Market in North America, By Type, 2014–2023 (USD Million)
Table 20 Mining Automation Market in North America, By Workflow, 2014–2023 (USD Million)
Table 21 Mining Automation Market in South America, By Country, 2014–2023 (USD Million)
Table 22 Mining Automation Market in South America, By Type, 2014–2023 (USD Million)
Table 23 Market in South America, By Workflow, 2014–2023 (USD Million)
Table 24 Market in Europe, By Country, 2014–2023 (USD Million)
Table 25 Market in Europe, By Type, 2014–2023 (USD Million)
Table 26 Market in Europe, By Workflow, 2014–2023 (USD Million)
Table 27 Market in APAC, By Country, 2014–2023 (USD Million)
Table 28 Market in APAC, By Type, 2014–2023 (USD Million)
Table 29 Market in APAC, By Workflow, 2014–2023 (USD Million)
Table 30 Market in RoW, By Country, 2014–2023 (USD Million)
Table 31 Market in RoW, By Type, 2014–2023 (USD Million)
Table 32 Mining Automation Market in RoW, By Workflow, 2014–2023 (USD Million)
Table 33 Ranking of Top 5 Players in the Market, 2016
Table 34 Product Launches, 2015–2017
Table 35 Agreements, Contracts, Collaborations, and Partnerships, 2015–2017
Table 36 Acquisitions, 2016–2017
Table 37 Expansions, 2017
 
 
List of Figures (45 Figures)
 
Figure 1 Market Segmentation
Figure 2 Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumption for the Research Study
Figure 7 Mining Automation Market Segmentation
Figure 8 Underground Mining Technique Expected to Hold A Larger Size of the Market in 2017
Figure 9 Market for Communications Systems Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Remote Operating and Monitoring Software Expected to Hold Largest Market Size Between 2017 and 2023
Figure 11 Market for Other Automated Equipment Expected to Grow at the Highest CAGR Between 2017 and 2023
Figure 12 APAC Expected to the Hold the Largest Share of the Mining Automation Market in 2017
Figure 13 Reduction in Operating Costs Expected to Drive the Mining Automation
Figure 14 Market for Automated Drilling Expected to Grow at A Higher CAGR Between 2017 and 2023
Figure 15 Market for Communications Systems Estimated to Grow at the Highest CAGR Between 2017 and 2023
Figure 16 Mining Processes Expected to Hold A Major Market Share in 2017
Figure 17 Mining Processes Expected to Hold the Largest Market Share of the Mining Automation Market in 2017
Figure 18 Australia Expected to Hold Largest Share of the Market in 2017
Figure 19 DROC: Mining Automation Market, 2017
Figure 20 Value Chain Analysis: Major Value is Added During the System Integration Stage, 2016
Figure 21 Market Segmentation, By Mining Technique
Figure 22 Underground Mining Technique Expected to Dominate the Market During 2017–2023
Figure 23 Autonomous Haulage Segment Expected to Hold A Larger Size of the Mining Process Market in 2017
Figure 24 Asia Pacific Expected to Lead the Mining Maintenance Market During the Forecast Period
Figure 25 Autonomous Hauling Trucks to Hold the Largest Size of the Market By 2023
Figure 26 Asia Pacific Expected to Lead the Market for Software During the Forecast Period
Figure 27 Mining Automation Market in India Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Snapshot of the Market in North America
Figure 29 Mexico Expected to Lead the Market in North America During the Forecast Period
Figure 30 Snapshot of the Mining Automation Market in Europe
Figure 31 Russia Expected to Hold the Largest Size of the European Market By 2023
Figure 32 Snapshot of the Market in APAC
Figure 33 Market in RoW
Figure 34 Market in Congo Expected to Grow at the Highest CAGR During the Forecast Period
Figure 35 Key Players Adopted Product Launches and Acquisitions as the Key Growth Strategies Between 2015 and 2017
Figure 36 Market Evolution Framework: Product Launches Fuelled the Growth of the Market (2015–2017)
Figure 37 Battle for Market Share: Product Launches Was the Key Strategy Adopted Between 2015 and 2017
Figure 38 Caterpillar: Company Snapshot
Figure 39 Komatsu: Company Snapshot
Figure 40 Sandvik: Company Snapshot
Figure 41 Atlas Copco: Company Snapshot
Figure 42 Hexagon: Company Snapshot
Figure 43 Hitachi: Company Snapshot
Figure 44 RPMGlobal: Company Snapshot
Figure 45 Trimble: Company Snapshot 

The mining automation market is expected to grow from USD 2.22 Billion in 2017 to reach USD 3.29 Billion by 2023, at a CAGR of 6.77% between 2017 and 2023. Key factors such as the increasing need for worker safety, the growing requirement improvement in mining productivity, and the reduction in operating costs are driving the market growth.

The mining automation market has been segmented on the basis of technique, workflow, type, and geography.

The underground mining technique held the largest share of the mining automation market in 2016 owing to the major minerals found under the earth’s crust, which are explored, collected, and later on processed. Since working in underground mines is considered extremely hazardous, the need for advanced automated mining equipment is more for underground mining techniques. To safeguard mine workers, automated systems have been deployed at a huge rate in underground mines, which enables the market growth at a substantial rate.

The autonomous haulage mining process segment accounted for the largest market size in 2016. Hauling of ore from the mining pit to the dumping point is one of the most important and capital-intensive activities in mining operations. A continuous and efficient hauling cycle is necessary for the overall productivity of mining companies. Advantages such as the improved safety and productivity, the reduced maintenance cost, the efficient fuel consumption, the increased tire life, and the lesser downtime are achieved by automating the haulage processes inside a mine. The increasing implementation of digitized and integrated technologies such as GPS, advanced software,  wireless communications, and electronic controls have made autonomous hauling highly competent.

Mining equipment are expected to continue to account for the largest market size during 2017–2023. With advancements toward the successful implementation of autonomous haul trucks in mine sites, mining equipment manufacturing companies are beginning to innovate their product offerings. For instance, in September 2016, Komatsu Ltd. (Japan), a leading manufacturer of mining equipment, launched a new version of its autonomous haul truck. The new product, also known as “innovative autonomous haulage vehicle,” has a cabless structure to maximize the advantages of unmanned operations in challenging conditions. This innovative vehicle provides high-performance traveling in forward as well as reverse direction by distributing equal load to the 4 wheels when the vehicle is loaded and unloaded and by adopting 4-wheel drive, retarder, and steering. The new unmanned vehicle technology would enable mining operators to improve their productivity further.

Mining Automation Market

Asia Pacific held the largest share of the mining automation market in 2016. Asia Pacific has immense natural reserves distributed among the countries throughout the region. APAC is estimated to become the largest market for mining equipment and implementation of mining automation technologies globally. The reason for this trend is the increased use of automated mining equipment by leading exploration and mining companies such as Rio Tinto, FMG Group, and BHP Billiton. These mining companies have started using automated mining equipment in their mine sites in the Western region of Australia. Moreover, the increasing digitization of mines and globalization of economies have attracted significant investments from the mining companies all over the world.

The major restraint for the mining automation market is the depletion of natural resources. The overexploitation of natural resources has resulted into exaction of lower ore grade. Moreover, the decreasing volume of resources has raised serious concerns among mining companies.

Top mining automation companies that provide equipment software and network services globally are Atlas Copco (Sweden), Caterpillar (US), Hexagon (Sweden), Komatsu (Japan), and Sandvik (Sweden). These companies are focusing on product launches and developments, acquisitions, and collaborations strategies to enhance their product and service offerings and expand their business.

Top companies are adopting an organic approach toward improving their position in the mining automation market, by either improving their existing product portfolio or by adding new offerings. For instance, in February 2017, Caterpillar launched a new medium wheel loader Cat 980L. The new loader is highly powerful and fuel-efficient, featuring significant drive-train and hydraulic-system refinement. The Cat 980L has a rigorous design that offers maximum reliability, durability, and high uptime. In June 2017, Komatsu America Corp., a subsidiary of Komatsu Ltd., launched HD325-8 and HD405-8 off-highway trucks. The new models have payload capacities of 36.5 and 40 metric tons, respectively. Equipped with EPA Tier 4 Final-certified engine and a rigid frame, the new trucks deliver increased power and improved productivity. The trucks consist of the Komatsu Traction Control System (KTCS) for optimum traction and driving performance. In March 2017, Sandvik AB launched a several new innovative mining, and rock excavation equipment solutions at the CONEXPO-CONAGG 2017 event held in Las Vegas, US. Products showcased at the event include Pantera DP1100i surface drill rig, UI310+ wheeled impact crusher, QE441 Free Flow mobile scalper, and CS550 automated cone crusher.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Semiconductor and Electronics Markets on KnowledgeStore
Request Demo