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MarketsandMarkets was recently cited in an article by Hogan Lovells on mining automation market, highlighting the current and future market scenario.

Mining industry has been making transition by rapidly adopting automation technology in order to modernize their operations, thereby improving the productivity and efficiency along with a decrease in expenditures. The global mining automation market predicted to reach a value of USD 3.29 Billion by 2023, growing at a CAGR of 6.77% during the forecast period from 2017 to 2023, owing to the factors such as the rising need for worker safety, growing need for improved productivity in mining, and reduced operating costs.

For More Details:

https://www.hoganlovells.com/en/publications/automation-in-mining

Report mentioned in the above news is,

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

Press Release:

https://www.marketsandmarkets.com/PressReleases/mining-automation.asp

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