Mining Automation Market by Offering (Autonomous Hauling/Mining Trucks, Autonomous Drilling Rigs, Underground LHD Loaders, Tunneling Equipment, Smart Ventilation Systems), Software (Remote Monitoring, Asset Management System) - Global Forecast to 2030

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USD 5.93 BN
MARKET SIZE, 2030
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CAGR 8.4%
(2025-2030)
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280+
REPORT PAGES
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170+
MARKET TABLES

OVERVIEW

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The global mining automation market is projected to grow from USD 3.96 billion in 2025 to USD 5.93 billion by 2030, registering a CAGR of 8.4%. Mining automation refers to the minimization or the complete removal of human intervention from mining activities, including exploration, drilling, excavation, loading, hauling, and dumping. The growth of mining automation driven by the growing focus on enhancing safety and operational efficiency at mining sites.

KEY TAKEAWAYS

  • BY TECHNIQUE
    Mining automation leverages techniques such as surface mining and underground mining, with underground mining witnessing strong adoption due to safety, labor shortage mitigation, and efficiency needs. Surface mining automation is driven by the demand for large-scale ore extraction, precision, and cost optimization.
  • BY OFFERING
    The market comprises equipment, software, and communication systems. Equipment such as autonomous haul trucks, drilling rigs, and loaders dominate adoption, while software platforms enable fleet management and predictive analytics. Communication systems play a critical role in integrating IoT and AI for seamless mining operations.
  • BY APPLICATION
    Applications include metal mining, mineral mining, coal mining, and others. Metal mining leads adoption due to rising demand for iron, copper, and other base metals, while coal mining automation is driven by the need for efficiency and safety. Mineral mining is also expanding due to increased demand for rare earth and industrial mineral
  • BY WORKFLOW
    Automation supports core mining workflows such as mine development, mining process, and mine maintenance. Mine maintenance is gaining traction as mines adopt predictive maintenance, remote diagnostics, and asset health monitoring to reduce unplanned downtime and extend equipment life.
  • BY REGION
    Asia Pacific is projected to record the fastest growth with a CAGR of 8.9% due to rising demand for minerals, increasing adoption of smart mining technologies, and supportive government initiatives in countries like Australia, China, and India. North America and Europe lead in technology adoption due to strong presence of mining automation providers and stringent safety regulations
  • COMPETITIVE LANDSCAPE
    Leading players such as Caterpillar, Sandvik AB, Epiroc AB, Komatsu, and Hitachi Construction Machinery Co., Ltd. focus on partnerships, product innovation, and acquisitions to expand their automation portfolios. Heavy investments in AI, robotics, and IoT integration are driving competitiveness, with collaborations between mining operators and technology providers shaping future opportunities.

The mining automation market is projected to grow steadily over the next decade, driven by the rising demand for operational efficiency, worker safety, and cost optimization in mining activities. The adoption of autonomous equipment, AI-driven analytics, and IoT-enabled monitoring solutions is transforming traditional mining operations, enabling higher productivity, reduced human intervention in hazardous environments, and improved resource utilization

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The mining automation market is undergoing a significant transformation driven by emerging trends and technological disruptions. As shown in the diagram, there is a clear shift from traditional technologies to advanced systems such as autonomous mining trucks, drilling rigs, and smart ventilation solutions. These innovations are supported by wireless mesh networks, RFID tags, and remote monitoring systems that enhance operational efficiency and safety. Moreover, the integration of digital technologies such as AI, IoT, and digital twins is reshaping underground and surface mining operations, aligning with clients' imperatives to boost productivity and reduce costs. This evolving landscape is redefining revenue sources and creating new growth opportunities across the mining value chain.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Growing focus on enhancing safety and operational efficiency at mining sites
  • Rising emphasis of mining firms on minimizing operating expenditure
RESTRAINTS
Impact
Level
  • Depletion of natural resources
  • Automation-induced job disruptions and GDP impact on mining-dependent economies
OPPORTUNITIES
Impact
Level
  • Inclination of mine operators toward digital technologies
  • Growing trend of smart connected mining
CHALLENGES
Impact
Level
  • Interoperability issues associated with mining automation
  • Workforce shortage and skill gaps in operating automated mining systems

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Growing focus on enhancing safety and operational efficiency at mining sites

The remote location of mining sites makes it difficult for authorities to provide aid at the right time. Therefore, mining automation is a logical option for mining companies to tackle the challenges pertaining to safety and productivity as it replaces humans with automated machines.

Restraint: Depletion of natural resources

Mining depletes natural resources, causing environmental degradation and habitat destruction. As a consequence, carbon dioxide and other greenhouse gases are released, disrupting biomes and causing erosion. These processes contribute to enduring ecological harm, emphasizing the critical need for sustainable mining practices to mitigate environmental impact and preserve ecosystems.

Opportunity: Growing trend of smart connected mining

Connected mining uses advanced technologies to improve productivity and safety while reducing operating costs for mining sites. It combines IT, automation, and instrumentation technologies to enhance the mining process, from surveying and planning to exploration, extraction, and analysis.

Challenge: Workforce shortage and skill gaps in operating automated mining systems

The increasing use of automation in the mining automation industry creates a skill gap in the existing labor pool. Since automation is expected to replace the jobs of mine workers with automated equipment in the coming years, it also creates new job opportunities requiring a particular set of skills.

Mining Automation Market: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Autonomous haul trucks and drilling systems integrated with AI-enabled fleet management solutions Improved productivity with 24/7 operations, reduced labor dependency, enhanced safety in hazardous mining conditions
Autonomous haulage system (AHS) with real-time monitoring and collision avoidance Increased fuel efficiency, optimized fleet utilization, reduced downtime, enhanced operational safety
Automated loaders and smart drilling rigs with remote operation capability Improved ore recovery, reduced human presence in dangerous zones, higher drilling precision and efficiency
Autonomous drilling rigs and tele-remote control systems for underground and surface mines Improvement in drilling accuracy, reduced maintenance costs, higher asset utilization
Autonomous dump trucks and advanced fleet management systems integrated with IoT Increased haulage productivity, predictive maintenance to reduce breakdowns, lower total cost of ownership

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

Mining automation ecosystem comprises established hardware, software, and communication system providers, which includes Caterpillar (US), Komatsu (Japan), Sandvik AB (Sweden), Epiroc AB (Sweden), and Hitachi Construction Machinery Co., Ltd. (Japan). These companies offer advanced mining automation systems. The ecosystem also comprises automation technology providers and end users.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Mining Automation Market, By Technique

The underground mining segment held the largest market share in 2024, as it involves high-risk environments where safety, efficiency, and precision are critical. Automation technologies such as autonomous drilling, hauling, and monitoring systems significantly reduce human exposure to hazardous conditions while improving productivity. Additionally, the growing demand for minerals and metals located in deep deposits further drives the reliance on automated underground mining solutions.

Mining Automation Market, By Offering

The equipment segment accounted for a significant share in 2024, as autonomous trucks, drilling rigs, loaders, and haulage systems form the backbone of automated mining operations. These machines directly enhance productivity, reduce labor dependency, and ensure safety in hazardous environments. Growing investments by mining companies in advanced autonomous fleets and the proven cost savings from equipment automation further strengthen this segment’s market share.

Mining Automation Market, By Workflow

The mine development segment held the largest share in 2024, as it is the foundation of any mining project, involving critical activities like planning, excavation, and infrastructure setup. Automation in this stage ensures precision, safety, and efficiency, reducing project delays and long-term operational costs.

Mining Automation Market, By Application

The mineral mining segment held the largest share in 2024, as the demand for rare earth elements, industrial minerals, and aggregates continues to surge across electronics, renewable energy, and construction industries. Automation enhances extraction efficiency and safety, making it the preferred choice for meeting rising global mineral requirements.

REGION

Asia Pacific to register highest CAGR in global mining automation market during forecast period

Asia Pacific is projected to be the fastest-growing market for mining automation, due to extensive mineral and metal reserves, rising demand from rapidly industrializing economies like China and India, and significant investments in smart mining technologies. Supportive government policies and increasing adoption of autonomous equipment further accelerate regional growth.

Mining Automation Market: COMPANY EVALUATION MATRIX

In the mining automation companies market matrix, Caterpillar (Star) leads with a strong market presence and comprehensive product portfolio, driving large-scale adoption of autonomous trucks, drilling rigs, and hauling systems across mining operations. Siemens (Emerging Leader) is gaining traction with its advanced automation and digitalization solutions, supporting energy-efficient and intelligent mining processes. While Caterpillar dominates with scale and equipment strength, Siemens shows strong potential to move toward the leaders’ quadrant through its innovations in IoT, AI, and digital mining ecosystems.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2024 (Value) USD 3.75 Billion
Market Forecast in 2030 (Value) USD 5.93 Billion
Growth Rate CAGR of 8.4% from 2025-2030
Years Considered 2021-2030
Base Year 2024
Forecast Period 2025-2030
Units Considered Value (USD Million/Billion), Volume (In Units)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered
  • By Offering:
    • Hardware
    • Software & Communication Systems
  • By Technique:
    • Underground Mining
    • and Surface Mining
  • By Workflow:
    • Mining Process
    • Mine Maintenance
    • and Mine Development
  • By Application:
    • Mineral Mining
    • Metal Mining
    • and Coal Mining
Regional Scope North America, Europe, Asia Pacific, and RoW

WHAT IS IN IT FOR YOU: Mining Automation Market REPORT CONTENT GUIDE

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Global Mining Equipment OEM • Competitive benchmarking of automation capabilities (haul trucks, drills, loaders) • Vendor analysis for automation software and hardware providers • Analysis of technology partnerships and JVs • Identify white spaces in product automation portfolio • Optimize M&A and partnership strategies • Benchmark automation maturity against key rivals
Mining Services Provider • Mapping of automation adoption by mine type (surface vs. underground) • Regional analysis of regulatory and labor drivers • Cost-benefit analysis of retrofitting vs. greenfield automation • Enable go-to-market strategy in high-readiness markets • Uncover service opportunities in retrofit automation • Support pricing decisions with ROI analysis
Industrial Automation Company • End-user needs analysis for fleet management, remote operations, and predictive maintenance • Analysis of interoperability issues with legacy systems • Competitive landscape of key solution providers • Position solutions around highest-value pain points • Identify co-innovation partners and OEM integration pathways • Reduce go-to-market risk with deep customer insights
Mining Operator • Site-level automation readiness assessment • Vendor selection criteria and decision frameworks • Workforce reskilling and change management trends • De-risk CAPEX with tech-vendor fit analysis • Accelerate automation ROI through best practice insights • Build workforce strategies aligned with tech adoption

RECENT DEVELOPMENTS

  • July 2025 : Epiroc AB collaborated with Chilean mining company Sociedad Punta del Cobre SA (Pucobre) to supply a significant fleet of underground mine trucks along with digital solutions. This partnership aims to enhance Pucobre’s productivity, safety, and cost efficiency.
  • June 2025 : Barrick Mining Corporation signed a USD 440 million agreement with Komatsu to supply primary mining equipment for the Reko Diq copper-gold project in Pakistan starting in 2026. This marks Komatsu’s first major mining equipment deal in the Middle East, highlighting their growing partnership.
  • April 2025 : Hitachi Construction Machinery launched the LANDCROS Connect Fleet Management System, enabling companies to monitor and analyze operational data from mixed-brand equipment fleets.

 

Table of Contents

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TITLE
PAGE NO
1
INTRODUCTION
 
 
 
27
2
RESEARCH METHODOLOGY
 
 
 
32
3
EXECUTIVE SUMMARY
 
 
 
43
4
PREMIUM INSIGHTS
 
 
 
47
5
MARKET OVERVIEW
Mining sector pivots to digitalization amid resource depletion and rising lithium-ion battery demand.
 
 
 
50
 
5.1
INTRODUCTION
 
 
 
 
5.2
MARKET DYNAMICS
 
 
 
 
 
5.2.1
DRIVERS
 
 
 
 
 
5.2.1.1
Growing focus on enhancing safety and operational efficiency at mining sites
 
 
 
 
5.2.1.2
Rising emphasis of mining firms on minimizing operating expenditure
 
 
 
 
5.2.1.3
Increasing preference for fleet management systems by mining companies
 
 
 
5.2.2
RESTRAINTS
 
 
 
 
 
5.2.2.1
Depletion of natural resources
 
 
 
 
5.2.2.2
Automation-induced job disruptions and GDP impact on mining-dependent economies
 
 
 
5.2.3
OPPORTUNITIES
 
 
 
 
 
5.2.3.1
Inclination of mine operators toward digital technologies
 
 
 
 
5.2.3.2
Growing trend of smart connected mining
 
 
 
 
5.2.3.3
Surging global demand for lithium-ion batteries
 
 
 
5.2.4
CHALLENGES
 
 
 
 
 
5.2.4.1
Interoperability issues associated with mining automation
 
 
 
 
5.2.4.2
Workforce shortage and skill gaps in operating automated mining systems
 
 
5.3
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
5.4
PRICING ANALYSIS
 
 
 
 
 
 
5.4.1
PRICING RANGE OF MINING EQUIPMENT, 2024
 
 
 
 
5.4.2
INDICATIVE PRICING OF MINING AUTOMATION SOFTWARE, 2024
 
 
 
 
5.4.3
PRICING RANGE OF AUTONOMOUS MINING TRUCKS, BY KEY PLAYER, 2024
 
 
 
 
5.4.4
AVERAGE SELLING PRICE TREND OF AUTONOMOUS MINING TRUCKS, 2021–2024
 
 
 
 
5.4.5
AVERAGE SELLING PRICE TREND OF AUTONOMOUS MINING TRUCKS,BY REGION, 2021–2024
 
 
 
5.5
VALUE CHAIN ANALYSIS
 
 
 
 
 
5.6
ECOSYSTEM ANALYSIS
 
 
 
 
 
5.7
INVESTMENT AND FUNDING SCENARIO
 
 
 
 
5.8
TECHNOLOGY ANALYSIS
 
 
 
 
 
5.8.1
KEY TECHNOLOGIES
 
 
 
 
 
5.8.1.1
Artificial intelligence
 
 
 
 
5.8.1.2
Digital twin
 
 
 
 
5.8.1.3
Internet of Things
 
 
 
5.8.2
COMPLEMENTARY TECHNOLOGIES
 
 
 
 
 
5.8.2.1
Cloud computing
 
 
 
 
5.8.2.2
5G
 
 
 
5.8.3
ADJACENT TECHNOLOGIES
 
 
 
 
 
5.8.3.1
SATCOM
 
 
 
 
5.8.3.2
Advanced imaging
 
 
5.9
PATENT ANALYSIS
 
 
 
 
 
5.10
TRADE ANALYSIS
 
 
 
 
 
 
5.10.1
IMPORT SCENARIO (HS CODE 8429)
 
 
 
 
5.10.2
EXPORT SCENARIO (HS CODE 8429)
 
 
 
5.11
KEY CONFERENCES AND EVENTS, 2025–2026
 
 
 
 
5.12
CASE STUDY ANALYSIS
 
 
 
 
 
5.12.1
ROCKWELL AUTOMATION OFFERS CONTROL SYSTEMS AND VISUALIZATION SOLUTIONS TO MINIMIZE DOWNTIME AND OPERATIONAL COST IN MINING PLANT
 
 
 
 
5.12.2
KOMATSU PROVIDES AUTONOMOUS HAULAGE SYSTEM TO ENHANCE PRODUCTIVITY AND SAFETY IN COPPER MINE
 
 
 
 
5.12.3
ROCKWELL AUTOMATION DEPLOYS FACTORYTALK SUITE AT AMRUN BAUXITE MINE TO IMPROVE OPERATIONAL VISIBILITY
 
 
 
 
5.12.4
SANDVIK AB IMPLEMENTS MINING EQUIPMENT IN VELADERO GOLD MINE TO INCREASE PRODUCTIVITY
 
 
 
 
5.12.5
CATERPILLAR OFFERS AUTONOMOUS DRILLS AND TRUCKS TO CREATE CONNECTED VALUE CHAIN IN GUDAI-DARRI MINE
 
 
 
 
5.12.6
HEXAGON OFFERS OPERATIONS MANAGEMENT SOLUTIONS TO STREAMLINE OPERATIONS AT MINING SITES OF ANGLO AMERICAN PLATINUM
 
 
 
 
5.12.7
KOMATSU DEPLOYS LHD AT EI SANTO MINE SITE TO MEET CUSTOMIZED FINANCING AND TECHNICAL REQUIREMENTS
 
 
 
5.13
REGULATORY LANDSCAPE
 
 
 
 
 
5.13.1
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
5.13.2
STANDARDS
 
 
 
5.14
PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
 
5.14.1
THREAT OF NEW ENTRANTS
 
 
 
 
5.14.2
THREAT OF SUBSTITUTES
 
 
 
 
5.14.3
BARGAINING POWER OF SUPPLIERS
 
 
 
 
5.14.4
BARGAINING POWER OF BUYERS
 
 
 
 
5.14.5
INTENSITY OF COMPETITIVE RIVALRY
 
 
 
5.15
KEY STAKEHOLDERS AND BUYING CRITERIA
 
 
 
 
 
 
5.15.1
KEY STAKEHOLDERS IN BUYING PROCESS
 
 
 
 
5.15.2
BUYING CRITERIA
 
 
 
5.16
IMPACT OF AI/GEN AI ON MINING AUTOMATION MARKET
 
 
 
 
 
 
5.16.1
INTRODUCTION
 
 
 
 
5.16.2
AI USE CASES
 
 
 
 
5.16.3
FUTURE OF AI/GEN AI IN MINING AUTOMATION ECOSYSTEM
 
 
 
5.17
IMPACT OF 2025 US TARIFF – OVERVIEW
 
 
 
 
 
 
5.17.1
INTRODUCTION
 
 
 
 
5.17.2
KEY TARIFF RATES
 
 
 
 
5.17.3
PRICE IMPACT ANALYSIS
 
 
 
 
5.17.4
IMPACT ON COUNTRIES/REGIONS
 
 
 
 
 
5.17.4.1
US
 
 
 
 
5.17.4.2
Europe
 
 
 
 
5.17.4.3
Asia Pacific
 
 
 
5.17.5
IMPACT ON MINING INDUSTRY
 
 
6
MINING AUTOMATION MARKET, BY OFFERING
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Units | 22 Data Tables
 
 
 
93
 
6.1
INTRODUCTION
 
 
 
 
6.2
EQUIPMENT
 
 
 
 
 
6.2.1
AUTONOMOUS HAULING/MINING TRUCKS
 
 
 
 
 
6.2.1.1
Strategic focus on maximizing asset utilization and mitigating workforce-related risks to boost demand
 
 
 
6.2.2
AUTONOMOUS DRILLING RIGS
 
 
 
 
 
6.2.2.1
Strong emphasis on enhancing ore recovery and reducing downtime to accelerate adoption
 
 
 
6.2.3
UNDERGROUND LHD LOADERS
 
 
 
 
 
6.2.3.1
Need to overcome depth, space, and safety constraints in underground mining to propel segmental growth
 
 
 
6.2.4
TUNNELLING EQUIPMENT
 
 
 
 
 
6.2.4.1
Ability to reduce tunnel lining costs to promote deployment
 
 
 
6.2.5
SMART VENTILATION SYSTEMS
 
 
 
 
 
6.2.5.1
Necessity to eliminate risk of gas leaks or explosions to fuel segmental growth
 
 
 
6.2.6
PUMPING STATIONS
 
 
 
 
 
6.2.6.1
Urgency to address water accumulation challenges in mines to foster segmental growth
 
 
 
6.2.7
OTHER EQUIPMENT
 
 
 
 
 
6.2.7.1
Hybrid shovels
 
 
 
 
6.2.7.2
Mining dozers
 
 
 
 
6.2.7.3
Wheeled loaders
 
 
 
 
6.2.7.4
Mining excavators
 
 
6.3
SOFTWARE
 
 
 
 
 
6.3.1
WORKFORCE SAFETY & MANAGEMENT SOFTWARE
 
 
 
 
 
6.3.1.1
High priority need to safeguard personnel and optimize resource allocation to drive demand
 
 
 
6.3.2
ENVIRONMENT MONITORING SOFTWARE
 
 
 
 
 
6.3.2.1
Stringent safety regulations focused on sustainable mining practices to support market growth
 
 
 
6.3.3
FLEET & EQUIPMENT MANAGEMENT SOFTWARE
 
 
 
 
 
6.3.3.1
Greater emphasis on seamless mining operations to contribute to segmental growth
 
 
 
6.3.4
REMOTE MONITORING SOFTWARE
 
 
 
 
 
6.3.4.1
Proficiency in protecting miners from hazardous conditions to boost demand
 
 
 
6.3.5
DATA MANAGEMENT SOFTWARE
 
 
 
 
 
6.3.5.1
Shift from conventional management to fact-based, decision-driven management to create opportunities
 
 
 
6.3.6
ASSET MANAGEMENT SOFTWARE
 
 
 
 
 
6.3.6.1
Critical necessity to ensure equipment reliability in extreme mining conditions to stimulate adoption
 
 
6.4
COMMUNICATION SYSTEMS
 
 
 
 
 
6.4.1
WIRELESS MESH NETWORKS
 
 
 
 
 
6.4.1.1
Easy installation and low maintenance costs to contribute to segmental growth
 
 
 
6.4.2
NAVIGATION SYSTEMS
 
 
 
 
 
6.4.2.1
Potential to help operators navigate safely through mines to fuel demand
 
 
 
6.4.3
RFID TAGS
 
 
 
 
 
6.4.3.1
Need for real-time tracking of mining equipment and personnel to drive adoption
 
7
MINING AUTOMATION MARKET, BY TECHNIQUE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 10 Data Tables
 
 
 
112
 
7.1
INTRODUCTION
 
 
 
 
7.2
UNDERGROUND MINING
 
 
 
 
 
7.2.1
PARAMOUNT NEED TO ENSURE SECURE AND CONTROLLED ENVIRONMENT FOR UNDERGROUND OPERATORS TO DRIVE MARKET
 
 
 
7.3
SURFACE MINING
 
 
 
 
 
7.3.1
STRATEGIC ADOPTION OF AUTOMATION TO REDUCE COSTS AND BOOST PRODUCTIVITY TO FUEL MARKET GROWTH
 
 
8
MINING AUTOMATION MARKET, BY WORKFLOW
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 8 Data Tables
 
 
 
119
 
8.1
INTRODUCTION
 
 
 
 
8.2
MINE DEVELOPMENT
 
 
 
 
 
8.2.1
TUNNEL BORING
 
 
 
 
 
8.2.1.1
Exploration of rich mineral reserves to spur demand
 
 
 
8.2.2
ACCESS ROAD CONSTRUCTION
 
 
 
 
 
8.2.2.1
Necessity for safe and efficient means of transport to and from tunnel sites to propel market
 
 
 
8.2.3
SITE PREPARATION & CLEARING
 
 
 
 
 
8.2.3.1
Growing trend of modular infrastructure deployment to accelerate market growth
 
 
8.3
MINING PROCESS
 
 
 
 
 
8.3.1
AUTONOMOUS HAULAGE
 
 
 
 
 
8.3.1.1
Strong focus on productivity gains and cost savings to spur demand
 
 
 
8.3.2
AUTOMATED DRILLING
 
 
 
 
 
8.3.2.1
Potential to address drilling-related challenges to spike demand
 
 
8.4
MINE MAINTENANCE
 
 
 
 
 
8.4.1
HVAC INSTALLATION & MAINTENANCE
 
 
 
 
 
8.4.1.1
Need to improve ventilation and ensure operational continuity in mining sites to fuel market growth
 
 
 
8.4.2
MINE DEWATERING
 
 
 
 
 
8.4.2.1
Rising use of dewatering systems to reduce risk of flooding to contribute to segmental growth
 
9
MINING AUTOMATION MARKET, BY APPLICATION
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 8 Data Tables
 
 
 
128
 
9.1
INTRODUCTION
 
 
 
 
9.2
MINERAL MINING
 
 
 
 
 
9.2.1
ELEVATING DEMAND FOR MINERALS FROM CONSTRUCTION, AGRICULTURE, AND MANUFACTURING INDUSTRIES TO DRIVE MARKET
 
 
 
9.3
METAL MINING
 
 
 
 
 
9.3.1
RISING DEMAND FOR METALS TO MANUFACTURE ELECTRONICS AND EV PARTS TO PROMOTE MARKET GROWTH
 
 
 
9.4
COAL MINING
 
 
 
 
 
9.4.1
SURGING USE OF REMOTE-OPERATED MACHINERY TO MINIMIZE HUMAN EXPOSURE TO SUPPORT MARKET GROWTH
 
 
10
MINING AUTOMATION MARKET, BY REGION
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 104 Data Tables
 
 
 
134
 
10.1
INTRODUCTION
 
 
 
 
10.2
NORTH AMERICA
 
 
 
 
 
10.2.1
MACROECONOMIC OUTLOOK FOR NORTH AMERICA
 
 
 
 
10.2.2
US
 
 
 
 
 
10.2.2.1
Rising adoption of digital technologies in mining operations to accelerate market growth
 
 
 
10.2.3
CANADA
 
 
 
 
 
10.2.3.1
Presence of rich mineral and metal reserves to fuel demand
 
 
 
10.2.4
MEXICO
 
 
 
 
 
10.2.4.1
Mineral wealth and favorable regulatory policies to foster market growth
 
 
10.3
EUROPE
 
 
 
 
 
10.3.1
MACROECONOMIC OUTLOOK FOR EUROPE
 
 
 
 
10.3.2
TURKEY
 
 
 
 
 
10.3.2.1
Mineral deposits of coal, iron ore, copper, manganese, gold, silver, lead, and zinc to create opportunities
 
 
 
10.3.3
SWEDEN
 
 
 
 
 
10.3.3.1
Strategic integration of autonomous haulage and AI-driven systems to propel market
 
 
 
10.3.4
GERMANY
 
 
 
 
 
10.3.4.1
Elevating adoption of electric vehicles and renewable energy systems to promote market growth
 
 
 
10.3.5
POLAND
 
 
 
 
 
10.3.5.1
Rising demand for metals and rare-earth materials to drive market
 
 
 
10.3.6
REST OF EUROPE
 
 
 
10.4
ASIA PACIFIC
 
 
 
 
 
10.4.1
MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
 
 
 
 
10.4.2
CHINA
 
 
 
 
 
10.4.2.1
Mining modernization and automation efforts to accelerate market growth
 
 
 
10.4.3
INDIA
 
 
 
 
 
10.4.3.1
Increasing efforts to digitize mines to drive market
 
 
 
10.4.4
AUSTRALIA
 
 
 
 
 
10.4.4.1
Presence of abundant and diverse mineral reserves to facilitate market growth
 
 
 
10.4.5
INDONESIA
 
 
 
 
 
10.4.5.1
Launch of 5G smart mining technology to contribute to market growth
 
 
 
10.4.6
REST OF ASIA PACIFIC
 
 
 
10.5
ROW
 
 
 
 
 
10.5.1
MACROECONOMIC OUTLOOK FOR ROW
 
 
 
 
10.5.2
SOUTH AMERICA
 
 
 
 
 
10.5.2.1
Brazil
 
 
 
 
10.5.2.2
Peru
 
 
 
 
10.5.2.3
Chile
 
 
 
 
10.5.2.4
Rest of South America
 
 
 
10.5.3
MIDDLE EAST
 
 
 
 
 
10.5.3.1
GCC
 
 
 
 
10.5.3.2
Rest of Middle East
 
 
 
10.5.4
AFRICA
 
 
 
 
 
10.5.4.1
South Africa
 
 
 
 
10.5.4.2
Rest of Africa
 
11
COMPETITIVE LANDSCAPE
Gain insights into market dominance and strategic maneuvers of top players and emerging startups.
 
 
 
182
 
11.1
INTRODUCTION
 
 
 
 
11.2
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025
 
 
 
 
11.3
REVENUE ANALYSIS, 2020–2024
 
 
 
 
 
11.4
MARKET SHARE ANALYSIS OF TOP 5 PLAYERS, 2024
 
 
 
 
 
11.5
PRODUCT COMPARISON
 
 
 
 
 
11.6
COMPANY VALUATION AND FINANCIAL METRICS
 
 
 
 
11.7
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
 
 
 
 
 
 
11.7.1
STARS
 
 
 
 
11.7.2
EMERGING LEADERS
 
 
 
 
11.7.3
PERVASIVE PLAYERS
 
 
 
 
11.7.4
PARTICIPANTS
 
 
 
 
11.7.5
COMPANY FOOTPRINT: KEY PLAYERS, 2024
 
 
 
 
 
11.7.5.1
Company footprint
 
 
 
 
11.7.5.2
Region footprint
 
 
 
 
11.7.5.3
Technique footprint
 
 
 
 
11.7.5.4
Equipment footprint
 
 
 
 
11.7.5.5
Software footprint
 
 
11.8
COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
 
 
 
 
 
 
11.8.1
PROGRESSIVE COMPANIES
 
 
 
 
11.8.2
RESPONSIVE COMPANIES
 
 
 
 
11.8.3
DYNAMIC COMPANIES
 
 
 
 
11.8.4
STARTING BLOCKS
 
 
 
 
11.8.5
COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
 
 
 
 
 
11.8.5.1
Detailed list of key startups/SMEs
 
 
 
 
11.8.5.2
Competitive benchmarking of key startups/SMEs
 
 
11.9
COMPETITIVE SCENARIO
 
 
 
 
 
11.9.1
PRODUCT LAUNCHES
 
 
 
 
11.9.2
DEALS
 
 
 
 
11.9.3
EXPANSIONS
 
 
 
 
11.9.4
OTHER DEVELOPMENTS
 
 
12
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
 
 
 
209
 
12.1
KEY PLAYERS
 
 
 
 
 
12.1.1
CATERPILLAR
 
 
 
 
 
12.1.1.1
Business overview
 
 
 
 
12.1.1.2
Products/Solutions/Services offered
 
 
 
 
12.1.1.3
Recent developments
 
 
 
 
12.1.1.4
MnM view
 
 
 
12.1.2
KOMATSU
 
 
 
 
12.1.3
SANDVIK AB
 
 
 
 
12.1.4
EPIROC AB
 
 
 
 
12.1.5
HITACHI CONSTRUCTION MACHINERY CO., LTD.
 
 
 
 
12.1.6
AB VOLVO
 
 
 
 
12.1.7
HEXAGON AB
 
 
 
 
12.1.8
LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
 
 
 
 
12.1.9
ROCKWELL AUTOMATION
 
 
 
 
12.1.10
RPMGLOBAL HOLDINGS LIMITED
 
 
 
 
12.1.11
SANY GROUP
 
 
 
 
12.1.12
SIEMENS
 
 
 
 
12.1.13
TRIMBLE INC.
 
 
 
 
12.1.14
ABB
 
 
 
12.2
OTHER PLAYERS
 
 
 
 
 
12.2.1
ATDI SA
 
 
 
 
12.2.2
CIGEN
 
 
 
 
12.2.3
COENCORP
 
 
 
 
12.2.4
DATAMINE
 
 
 
 
12.2.5
GROUNDHOG
 
 
 
 
12.2.6
HAULTRAX
 
 
 
 
12.2.7
MICROMINE
 
 
 
 
12.2.8
SYMX.AI
 
 
 
 
12.2.9
STI ENGINEERING
 
 
 
 
12.2.10
ZITRÓN
 
 
 
 
12.2.11
MINESENSE TECHNOLOGIES LTD.
 
 
13
APPENDIX
 
 
 
274
 
13.1
INSIGHTS FROM INDUSTRY EXPERTS
 
 
 
 
13.2
DISCUSSION GUIDE
 
 
 
 
13.3
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
13.4
CUSTOMIZATION OPTIONS
 
 
 
 
13.5
RELATED REPORTS
 
 
 
 
13.6
AUTHOR DETAILS
 
 
 
LIST OF TABLES
 
 
 
 
 
TABLE 1
MINING AUTOMATION MARKET: RESEARCH ASSUMPTIONS
 
 
 
 
TABLE 2
PRICING RANGE OF MINING EQUIPMENT, 2024 (USD MILLION)
 
 
 
 
TABLE 3
INDICATIVE PRICING OF MINING AUTOMATION SOFTWARE, 2024 (USD)
 
 
 
 
TABLE 4
PRICING RANGE OF AUTONOMOUS MINING TRUCKS OFFERED BY KEY PLAYERS, 2024 (USD MILLION)
 
 
 
 
TABLE 5
AVERAGE SELLING PRICE TREND OF AUTONOMOUS MINING TRUCKS, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 6
AVERAGE SELLING PRICE TREND OF AUTONOMOUS MINING TRUCKS, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 7
ROLE OF COMPANIES IN MINING AUTOMATION ECOSYSTEM
 
 
 
 
TABLE 8
LIST OF MAJOR PATENTS, 2021–2024
 
 
 
 
TABLE 9
IMPORT DATA FOR HS CODE 8429-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
TABLE 10
EXPORT DATA FOR HS CODE 8429-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION)
 
 
 
 
TABLE 11
LIST OF KEY CONFERENCES AND EVENTS, 2025–2026
 
 
 
 
TABLE 12
NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 13
EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 14
ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 15
ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 16
STANDARDS: MINING AUTOMATION
 
 
 
 
TABLE 17
IMPACT OF PORTER'S FIVE FORCES
 
 
 
 
TABLE 18
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR OFFERINGS
 
 
 
 
TABLE 19
KEY BUYING CRITERIA FOR OFFERINGS
 
 
 
 
TABLE 20
US-ADJUSTED RECIPROCAL TARIFF RATES
 
 
 
 
TABLE 21
MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 22
MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 23
MINING AUTOMATION MARKET, BY EQUIPMENT, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 24
MINING AUTOMATION MARKET, BY EQUIPMENT, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 25
MINING AUTOMATION MARKET FOR EQUIPMENT, 2021–2024 (UNITS)
 
 
 
 
TABLE 26
MINING AUTOMATION MARKET FOR EQUIPMENT, 2025–2030 (UNITS)
 
 
 
 
TABLE 27
EQUIPMENT: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 28
EQUIPMENT: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 29
EQUIPMENT: MINING AUTOMATION MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 30
EQUIPMENT: MINING AUTOMATION MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 31
MINING AUTOMATION MARKET, BY SOFTWARE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 32
MINING AUTOMATION MARKET, BY SOFTWARE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 33
SOFTWARE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 34
SOFTWARE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 35
SOFTWARE: MINING AUTOMATION MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 36
SOFTWARE: MINING AUTOMATION MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 37
MINING AUTOMATION MARKET, BY COMMUNICATION SYSTEM, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 38
MINING AUTOMATION MARKET, BY COMMUNICATION SYSTEM, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 39
COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 40
COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 41
COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 42
COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 43
MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 44
MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 45
UNDERGROUND MINING: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 46
UNDERGROUND MINING: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 47
UNDERGROUND MINING: MINING AUTOMATION MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 48
UNDERGROUND MINING: MINING AUTOMATION MARKET: BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 49
SURFACE MINING: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 50
SURFACE MINING: MINING AUTOMATION MARKET: BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 51
SURFACE MINING: MINING AUTOMATION MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 52
SURFACE MINING: MINING AUTOMATION MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 53
MINING AUTOMATION MARKET, BY WORKFLOW, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 54
MINING AUTOMATION MARKET, BY WORKFLOW, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 55
MINE DEVELOPMENT: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 56
MINE DEVELOPMENT: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 57
MINING PROCESS: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 58
MINING PROCESS: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 59
MINE MAINTENANCE: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 60
MINE MAINTENANCE: MINING AUTOMATION MARKET, BY PROCESS TYPE,2025–2030 (USD MILLION)
 
 
 
 
TABLE 61
MINING AUTOMATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 62
MINING AUTOMATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 63
MINERAL MINING: MINING AUTOMATION MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 64
MINERAL MINING: MINING AUTOMATION MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 65
METAL MINING: MINING AUTOMATION MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 66
METAL MINING: MINING AUTOMATION MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 67
COAL MINING: MINING AUTOMATION MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 68
COAL MINING: MINING AUTOMATION MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 69
MINING AUTOMATION MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 70
MINING AUTOMATION MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 71
NORTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 72
NORTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 73
NORTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 74
NORTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 75
NORTH AMERICA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 76
NORTH AMERICA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 77
NORTH AMERICA: MINING AUTOMATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 78
NORTH AMERICA: MINING AUTOMATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 79
US: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 80
US: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 81
US: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 82
US: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 83
CANADA: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 84
CANADA: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 85
CANADA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 86
CANADA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 87
MEXICO: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 88
MEXICO: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 89
MEXICO: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 90
MEXICO: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 91
EUROPE: MINING AUTOMATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 92
EUROPE: MINING AUTOMATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 93
EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 94
EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 95
EUROPE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 96
EUROPE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 97
EUROPE: MINING AUTOMATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 98
EUROPE: MINING AUTOMATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 99
TURKEY: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 100
TURKEY: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 101
TURKEY: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 102
TURKEY: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 103
SWEDEN: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 104
SWEDEN: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 105
SWEDEN: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 106
SWEDEN: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 107
GERMANY: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 108
GERMANY: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 109
GERMANY: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 110
GERMANY: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 111
POLAND: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 112
POLAND: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 113
POLAND: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 114
POLAND: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 115
REST OF EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 116
REST OF EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 117
REST OF EUROPE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 118
REST OF EUROPE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 119
ASIA PACIFIC: MINING AUTOMATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 120
ASIA PACIFIC: MINING AUTOMATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 121
ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 122
ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 123
ASIA PACIFIC: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 124
ASIA PACIFIC: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 125
ASIA PACIFIC: MINING AUTOMATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 126
ASIA PACIFIC: MINING AUTOMATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 127
CHINA: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 128
CHINA: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 129
CHINA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 130
CHINA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 131
INDIA: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 132
INDIA: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 133
INDIA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 134
INDIA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 135
AUSTRALIA: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 136
AUSTRALIA: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 137
AUSTRALIA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 138
AUSTRALIA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 139
INDONESIA: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 140
INDONESIA: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 141
INDONESIA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 142
INDONESIA: MINING AUTOMATION MARKET, BY TECHNIQUE,2025–2030 (USD MILLION)
 
 
 
 
TABLE 143
REST OF ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 144
REST OF ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 145
REST OF ASIA PACIFIC: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 146
REST OF ASIA PACIFIC: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 147
ROW: MINING AUTOMATION MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 148
ROW: MINING AUTOMATION MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 149
ROW: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 150
ROW: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 151
ROW: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 152
ROW: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 153
ROW: MINING AUTOMATION MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 154
ROW: MINING AUTOMATION MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 155
SOUTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 156
SOUTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 157
SOUTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 158
SOUTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 159
SOUTH AMERICA: MINING AUTOMATION MARKET, BY TECHNIQUE,2021–2024 (USD MILLION)
 
 
 
 
TABLE 160
SOUTH AMERICA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 161
MIDDLE EAST: MINING AUTOMATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 162
MIDDLE EAST: MINING AUTOMATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 163
MIDDLE EAST: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 164
MIDDLE EAST: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 165
MIDDLE EAST: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 166
MIDDLE EAST: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 167
AFRICA: MINING AUTOMATION MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 168
AFRICA: MINING AUTOMATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 169
AFRICA: MINING AUTOMATION MARKET, BY OFFERING, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 170
AFRICA: MINING AUTOMATION MARKET, BY OFFERING, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 171
AFRICA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 172
AFRICA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 173
MINING AUTOMATION MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, JANUARY 2021–JULY 2025
 
 
 
 
TABLE 174
MINING AUTOMATION MARKET: DEGREE OF COMPETITION
 
 
 
 
TABLE 175
MINING AUTOMATION MARKET: REGION FOOTPRINT
 
 
 
 
TABLE 176
MINING AUTOMATION MARKET: TECHNIQUE FOOTPRINT
 
 
 
 
TABLE 177
MINING AUTOMATION MARKET: EQUIPMENT FOOTPRINT
 
 
 
 
TABLE 178
MINING AUTOMATION MARKET: SOFTWARE FOOTPRINT
 
 
 
 
TABLE 179
MINING AUTOMATION MARKET: DETAILED LIST OF KEY STARTUPS/SMES
 
 
 
 
TABLE 180
MINING AUTOMATION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
 
 
TABLE 181
MINING AUTOMATION MARKET: PRODUCT LAUNCHES, JANUARY 2021–JULY 2025
 
 
 
 
TABLE 182
MINING AUTOMATION MARKET: DEALS, JANUARY 2021–JULY 2025
 
 
 
 
TABLE 183
MINING AUTOMATION MARKET: EXPANSIONS, JANUARY 2021–JULY 2025
 
 
 
 
TABLE 184
MINING AUTOMATION MARKET: OTHER DEVELOPMENTS, JANUARY 2021–JULY 2025
 
 
 
 
TABLE 185
CATERPILLAR: COMPANY OVERVIEW
 
 
 
 
TABLE 186
CATERPILLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 187
CATERPILLAR: PRODUCT LAUNCHES
 
 
 
 
TABLE 188
KOMATSU: COMPANY OVERVIEW
 
 
 
 
TABLE 189
KOMATSU: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 190
KOMATSU: DEALS
 
 
 
 
TABLE 191
KOMATSU: EXPANSIONS
 
 
 
 
TABLE 192
SANDVIK AB: COMPANY OVERVIEW
 
 
 
 
TABLE 193
SANDVIK AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 194
SANDVIK AB: DEALS
 
 
 
 
TABLE 195
SANDVIK AB: OTHER DEVELOPMENTS
 
 
 
 
TABLE 196
EPIROC AB: COMPANY OVERVIEW
 
 
 
 
TABLE 197
EPIROC AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 198
EPIROC AB: DEALS
 
 
 
 
TABLE 199
EPIROC AB: EXPANSIONS
 
 
 
 
TABLE 200
EPIROC AB: OTHER DEVELOPMENTS
 
 
 
 
TABLE 201
HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 202
HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 203
HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCT LAUNCHES
 
 
 
 
TABLE 204
HITACHI CONSTRUCTION MACHINERY CO., LTD.: DEALS
 
 
 
 
TABLE 205
AB VOLVO: COMPANY OVERVIEW
 
 
 
 
TABLE 206
AB VOLVO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 207
AB VOLVO: DEALS
 
 
 
 
TABLE 208
HEXAGON AB: COMPANY OVERVIEW
 
 
 
 
TABLE 209
HEXAGON AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 210
HEXAGON AB: PRODUCT LAUNCHES
 
 
 
 
TABLE 211
HEXAGON AB: DEALS
 
 
 
 
TABLE 212
HEXAGON AB: EXPANSIONS
 
 
 
 
TABLE 213
LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: COMPANY OVERVIEW
 
 
 
 
TABLE 214
LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 215
LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: PRODUCT LAUNCHES
 
 
 
 
TABLE 216
LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: DEALS
 
 
 
 
TABLE 217
LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: EXPANSIONS
 
 
 
 
TABLE 218
ROCKWELL AUTOMATION: COMPANY OVERVIEW
 
 
 
 
TABLE 219
ROCKWELL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 220
RPMGLOBAL HOLDINGS LIMITED: COMPANY OVERVIEW
 
 
 
 
TABLE 221
RPMGLOBAL HOLDINGS LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 222
RPMGLOBAL HOLDINGS LIMITED: PRODUCT LAUNCHES
 
 
 
 
TABLE 223
RPMGLOBAL HOLDINGS LIMITED: DEALS
 
 
 
 
TABLE 224
SANY GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 225
SANY GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 226
SANY GROUP: PRODUCT LAUNCHES
 
 
 
 
TABLE 227
SANY GROUP: EXPANSIONS
 
 
 
 
TABLE 228
SANY GROUP: OTHER DEVELOPMENTS
 
 
 
 
TABLE 229
SIEMENS: COMPANY OVERVIEW
 
 
 
 
TABLE 230
SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 231
SIEMENS: DEALS
 
 
 
 
TABLE 232
TRIMBLE INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 233
TRIMBLE INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 234
TRIMBLE INC.: PRODUCT LAUNCHES
 
 
 
 
TABLE 235
ABB: COMPANY OVERVIEW
 
 
 
 
TABLE 236
ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
LIST OF FIGURES
 
 
 
 
 
FIGURE 1
MINING AUTOMATION MARKET SEGMENTATION AND REGIONAL SCOPE
 
 
 
 
FIGURE 2
MINING AUTOMATION MARKET: RESEARCH DESIGN
 
 
 
 
FIGURE 3
MINING AUTOMATION MARKET: RESEARCH APPROACH
 
 
 
 
FIGURE 4
MINING AUTOMATION MARKET: BOTTOM-UP APPROACH
 
 
 
 
FIGURE 5
MINING AUTOMATION MARKET: TOP-DOWN APPROACH
 
 
 
 
FIGURE 6
MINING AUTOMATION MARKET SIZE ESTIMATION METHODOLOGY
 
 
 
 
FIGURE 7
MINING AUTOMATION MARKET: DATA TRIANGULATION
 
 
 
 
FIGURE 8
MINING AUTOMATION MARKET SIZE, IN TERMS OF VALUE, 2021–2030
 
 
 
 
FIGURE 9
UNDERGROUND MINING SEGMENT TO HOLD LARGER SHARE OF MINING AUTOMATION MARKET, BY TECHNIQUE, IN 2025
 
 
 
 
FIGURE 10
EQUIPMENT SEGMENT TO HOLD PROMINENT SHARE OF MINING AUTOMATION MARKET, BY OFFERING, IN 2025
 
 
 
 
FIGURE 11
MINE DEVELOPMENT SEGMENT TO CAPTURE MAJORITY OF MINING AUTOMATION MARKET SHARE, BY WORKFLOW, IN 2025
 
 
 
 
FIGURE 12
ASIA PACIFIC DOMINATED MINING AUTOMATION MARKET IN 2024
 
 
 
 
FIGURE 13
RISING NEED FOR SAFETY AND PRODUCTIVITY IN MINING TO DRIVE MARKET
 
 
 
 
FIGURE 14
EQUIPMENT SEGMENT TO HOLD LARGEST MARKET SHARE IN 2030
 
 
 
 
FIGURE 15
MINERAL MINING SEGMENT TO DOMINATE MARKET IN 2030
 
 
 
 
FIGURE 16
METAL MINING SEGMENT AND US ACCOUNTED FOR LARGEST SHARE OF NORTH AMERICAN MARKET IN 2024
 
 
 
 
FIGURE 17
INDIA TO BE FASTEST-GROWING MARKET FOR MINING AUTOMATIONFROM 2025 TO 2030
 
 
 
 
FIGURE 18
DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
 
 
 
 
FIGURE 19
IMPACT ANALYSIS: DRIVERS
 
 
 
 
FIGURE 20
IMPACT ANALYSIS: RESTRAINTS
 
 
 
 
FIGURE 21
IMPACT ANALYSIS: OPPORTUNITIES
 
 
 
 
FIGURE 22
IMPACT ANALYSIS- CHALLENGES
 
 
 
 
FIGURE 23
TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS
 
 
 
 
FIGURE 24
AVERAGE SELLING PRICE TREND OF AUTONOMOUS MINING TRUCKS, 2021–2024
 
 
 
 
FIGURE 25
AVERAGE SELLING PRICE TREND OF AUTONOMOUS MINING TRUCKS, BY REGION, 2021−2024
 
 
 
 
FIGURE 26
VALUE CHAIN ANALYSIS
 
 
 
 
FIGURE 27
MINING AUTOMATION ECOSYSTEM
 
 
 
 
FIGURE 28
INVESTMENT AND FUNDING SCENARIO, 2021–2024
 
 
 
 
FIGURE 29
PATENTS APPLIED AND GRANTED, 2015–2024
 
 
 
 
FIGURE 30
IMPORT SCENARIO FOR HS CODE 8429-COMPLIANT PRODUCTS IN TOP 5 COUNTRIES, 2020–2024
 
 
 
 
FIGURE 31
EXPORT SCENARIO FOR HS CODE 8429-COMPLIANT PRODUCTS IN TOP 5 COUNTRIES, 2020–2024
 
 
 
 
FIGURE 32
PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
FIGURE 33
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR OFFERINGS
 
 
 
 
FIGURE 34
KEY BUYING CRITERIA FOR OFFERINGS
 
 
 
 
FIGURE 35
AI USE CASES IN MINING AUTOMATION
 
 
 
 
FIGURE 36
MINING AUTOMATION MARKET, BY OFFERING
 
 
 
 
FIGURE 37
SOFTWARE SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
 
 
 
 
FIGURE 38
MINING AUTOMATION MARKET, BY EQUIPMENT
 
 
 
 
FIGURE 39
MINING AUTOMATION MARKET, BY SOFTWARE
 
 
 
 
FIGURE 40
MINING AUTOMATION MARKET, BY COMMUNICATION SYSTEM
 
 
 
 
FIGURE 41
MINING AUTOMATION MARKET, BY TECHNIQUE
 
 
 
 
FIGURE 42
UNDERGROUND MINING TECHNIQUE TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
 
 
 
 
FIGURE 43
MINING AUTOMATION MARKET, BY WORKFLOW
 
 
 
 
FIGURE 44
MINE MAINTENANCE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
 
 
 
 
FIGURE 45
MINING AUTOMATION MARKET, BY APPLICATION
 
 
 
 
FIGURE 46
METAL MINING APPLICATIONS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
 
 
 
 
FIGURE 47
MINING AUTOMATION MARKET, BY REGION
 
 
 
 
FIGURE 48
INDIA TO EXHIBIT HIGHEST CAGR IN GLOBAL MINING AUTOMATION MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 49
NORTH AMERICA: MINING AUTOMATION MARKET SNAPSHOT
 
 
 
 
FIGURE 50
US TO LEAD NORTH AMERICAN MARKET THROUGHOUT FORECAST PERIOD
 
 
 
 
FIGURE 51
EUROPE: MINING AUTOMATION MARKET SNAPSHOT
 
 
 
 
FIGURE 52
SWEDEN TO REGISTER HIGHEST CAGR IN EUROPEAN MINING AUTOMATION MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 53
ASIA PACIFIC: MINING AUTOMATION MARKET SNAPSHOT
 
 
 
 
FIGURE 54
AUSTRALIA TO ACCOUNT FOR LARGEST SHARE OF MINING AUTOMATION MARKET IN ASIA PACIFIC IN 2030
 
 
 
 
FIGURE 55
ROW: MINING AUTOMATION MARKET SNAPSHOT
 
 
 
 
FIGURE 56
AFRICA TO REGISTER HIGHEST CAGR IN MINING AUTOMATION MARKET IN ROW DURING FORECAST PERIOD
 
 
 
 
FIGURE 57
MINING AUTOMATION MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2020–2024
 
 
 
 
FIGURE 58
MINING AUTOMATION MARKET SHARE ANALYSIS, 2024
 
 
 
 
FIGURE 59
PRODUCT COMPARISON
 
 
 
 
FIGURE 60
COMPANY VALUATION
 
 
 
 
FIGURE 61
FINANCIAL METRICS (EV/EBITDA)
 
 
 
 
FIGURE 62
MINING AUTOMATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
 
 
 
 
FIGURE 63
MINING AUTOMATION MARKET: COMPANY FOOTPRINT
 
 
 
 
FIGURE 64
MINING AUTOMATION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024
 
 
 
 
FIGURE 65
CATERPILLAR: COMPANY SNAPSHOT
 
 
 
 
FIGURE 66
KOMATSU: COMPANY SNAPSHOT
 
 
 
 
FIGURE 67
SANDVIK AB: COMPANY SNAPSHOT
 
 
 
 
FIGURE 68
EPIROC AB: COMPANY SNAPSHOT
 
 
 
 
FIGURE 69
HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 70
AB VOLVO: COMPANY SNAPSHOT
 
 
 
 
FIGURE 71
HEXAGON AB: COMPANY SNAPSHOT
 
 
 
 
FIGURE 72
LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: COMPANY SNAPSHOT
 
 
 
 
FIGURE 73
ROCKWELL AUTOMATION: COMPANY SNAPSHOT
 
 
 
 
FIGURE 74
RPMGLOBAL HOLDINGS LIMITED: COMPANY SNAPSHOT
 
 
 
 
FIGURE 75
SIEMENS: COMPANY SNAPSHOT
 
 
 
 
FIGURE 76
TRIMBLE INC.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 77
ABB: COMPANY SNAPSHOT
 
 
 
 

Methodology

The study involved four major activities in estimating the current size of the mining automation market. Exhaustive secondary research was conducted to gather information on the market, adjacent markets, and the overall mining automation landscape. These findings, along with assumptions and projections, were validated through primary research involving interviews with industry experts and key stakeholders across the value chain. Both top-down and bottom-up approaches were utilized to estimate the overall market size. Subsequently, market breakdown and data triangulation techniques were applied to determine the sizes of various segments and subsegments. Two key sources, secondary and primary, were leveraged to conduct a comprehensive technical and commercial assessment of the mining automation market.

Secondary Research

The secondary research process referred to various secondary sources to identify and collect necessary information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies; white papers; journals and certified publications; and articles from recognized authors, websites, directories, and databases. Secondary research was conducted to obtain key information about the industry’s supply chain, the market’s value chain, the total pool of key players, market segmentation according to the industry trends (to the bottom-most level), regional markets, and key developments from market- and technology-oriented perspectives. The secondary data was collected and analyzed to determine the overall market size, further validated by primary research.

Primary Research

Extensive primary research was conducted after gaining knowledge about the current scenario of the mining automation market through secondary research. Several primary interviews were conducted with experts from the demand and supply sides across four major regions—North America, Europe, Asia Pacific, and RoW. This primary data was collected through questionnaires, emails, and telephonic interviews.

Mining Automation Market
 Size, and Share

Note: Three tiers of companies have been defined based on their total revenue as of 2024: The 3 tiers are defined based on their total revenues as of 2024. Tier 1: >USD 5 billion, Tier 2: USD 500 million–USD 5 billion, and Tier 3: USD 500 million. Other designations include sales managers, marketing managers, and product managers.

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

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the mining automation market. These methods have also been used extensively to estimate the size of various subsegments in the market. The following research methodology was used to estimate the market size:

  • Major players in the industry and markets were identified through extensive secondary research.
  • The industry’s value chain and market size (in terms of value) were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Mining Automation Market : Top-Down and Bottom-Up Approach

Mining Automation Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall size of the mining automation market using the market size estimation process explained above, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The data was triangulated by studying various factors and trends from both the demand and supply sides. The market size was also validated using both top-down and bottom-up approaches.

Market Definition

Mining automation refers to the minimization or the complete removal of human intervention from mining activities, including exploration, drilling, excavation, loading, hauling, and dumping. The adoption of mining automation technologies provides several advantages, such as enhanced safety, increased efficiency and productivity, cost reduction, optimized resource utilization, environmental impact mitigation, data-driven decision-making, remote operation and monitoring, and compliance with regulatory policies.

Mining operations can be automated by using automated mining equipment such as autonomous haulage trucks and drilling rigs, automated ventilation systems, pumping/dewatering, and HVAC control systems, and dedicated software such as fleet management software, workforce safety and management software, remote monitoring software, asset management software, and communication systems.

Key Stakeholders

  • End users of mining automation tools and software
  • Manufacturers of mining automation equipment
  • Distributors of mining automation equipment and software
  • Mining automation industry associations
  • Professional service/solution providers
  • Research institutions and organizations
  • Standards organizations, regulatory authorities, government bodies, venture capitalists, and private equity firms related to the mining automation market
  • System integrators
  • Technology consultants

Report Objectives

  • To define, describe, and forecast the mining automation market, in terms of offering, technique, workflow, application, and region, in terms of value
  • To forecast the market, by offering, in terms of volume
  • To describe and forecast the market, in terms of value, with regard to four main regions: North America, Europe, Asia Pacific, and Rest of the World (RoW), along with their respective countries
  • To provide detailed information regarding major factors such as drivers, restraints, opportunities, and challenges influencing the market growth
  • To provide a detailed overview of the mining automation value chain
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the mining automation market
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the mining automation market
  • To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
  • To analyze competitive strategies, such as product launches, expansions, and mergers and acquisitions, adopted by key players in the mining automation market

Available Customizations

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Key Questions Addressed by the Report

At what CAGR will the mining automation market grow from 2025 to 2030?

The global mining automation market is expected to grow at a CAGR of 8.4% from 2025 to 2030.

What are the driving factors for the mining automation market?

Growing focus on improving safety and operational efficiency in mining, rising strategic focus on minimizing operating expenditures in mining, and increasing preference for fleet management systems by mining companies.

What is the impact of AI on the mining automation market?

AI transforms the mining automation market by enabling more intelligent decision-making through predictive analytics, real-time monitoring, and optimized equipment performance. It enhances safety by powering autonomous haulage, drilling, and collision-avoidance systems, reducing human exposure to hazardous conditions.

Which are the significant players in the mining automation market?

Caterpillar (US), Komatsu (Japan), Sandvik AB (Sweden), Epiroc AB (Sweden), and Hitachi Construction Machinery Co., Ltd. (Japan) are some major companies operating in the mining automation market.

Which region will offer lucrative growth opportunities for the players in the mining automation market in the coming years?

In the coming years, the Asia Pacific region is expected to offer lucrative opportunities for the players in the mining automation market.

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