Global Smart Mining Market Expected to Grow in Value from $9, 086.42 Million in 2018 to $37, 044.50 Million in 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Smart Mining - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Smart Mining Market accounted for $9,086.42 million in 2018 and is expected to reach $37,044.50 million by 2027 growing at a CAGR of 16.9% during the forecast period.

Rising focus on safety & health, rapid adoption of IoT (Internet of Things) solutions, and increasing adoption of autonomous equipment are the major factors driving the market growth. However, stringent government regulations concerning air, water, and environment are restraining market growth.

Smart mining refers to the use of data, self-sufficiency, and technology to facilitate high productivity, improved safety, and low operational expenses during mining. Smart mining, also known as telerobotic mining, includes remote-controlled robotic machinery for reducing the risk for miners and improving mineral extraction.

Based on the mining type, underground mining segment is likely to have a huge demand because underground mining is used to extract ore from below the surface of the earth safely, economically and with as little waste as possible. By geography, North America is going to have a lucrative growth during the forecast period due to its mining industry (especially coal mining), due to political sensitivity and some of the prominent players operating across the region.

What the report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Emerging Markets

3.7 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Smart Mining Market, By Equipment

5.1 Introduction

5.2 Excavator

5.3 Robotic Truck

5.4 Drillers & Brakers

5.5 Load Haul Dump

6 Global Smart Mining Market, By Mining Type

6.1 Introduction

6.2 Surface Mining

6.2.1 Open Cast Mining / Open Pit Mining

6.3 Underground Mining

7 Global Smart Mining Market, By Component

7.1 Introduction

7.2 Software

7.2.1 Logistics Software

7.2.2 Data Management and Analytics Software

7.3 Solution

7.3.1 Connectivity Solutions

7.3.2 Remote Management Solutions

7.3.3 Smart Asset Management

7.3.4 Smart Control System

7.3.5 Safety and Security System

7.3.6 Monitoring System

7.4 Service

7.4.1 Consulting Service

7.4.2 Engineering and Maintenance

7.4.3 System Integration (Deployment Service)

7.5 Hardware

7.5.1 Radio-Frequency Identification (RFID) Tags

7.5.2 Intelligent Systems

7.5.3 Sensors

8 Global Smart Mining Market, By Geography

8.1 Introduction

8.2 North America

8.2.1 US

8.2.2 Canada

8.2.3 Mexico

8.3 Europe

8.3.1 Germany

8.3.2 UK

8.3.3 Italy

8.3.4 France

8.3.5 Spain

8.3.6 Rest of Europe

8.4 Asia Pacific

8.4.1 Japan

8.4.2 China

8.4.3 India

8.4.4 Australia

8.4.5 New Zealand

8.4.6 South Korea

8.4.7 Rest of Asia Pacific

8.5 South America

8.5.1 Argentina

8.5.2 Brazil

8.5.3 Chile

8.5.4 Rest of South America

8.6 Middle East & Africa

8.6.1 Saudi Arabia

8.6.2 UAE

8.6.3 Qatar

8.6.4 South Africa

8.6.5 Rest of Middle East & Africa

9 Key Developments

9.1 Agreements, Partnerships, Collaborations and Joint Ventures

9.2 Acquisitions & Mergers

9.3 New Product Launch

9.4 Expansions

9.5 Other Key Strategies

10 Company Profiling

10.1 Wenco International Mining Systems Ltd (Hitachi Construction Machinery Co., Ltd.)

10.2 Trimble Inc.

10.3 Symboticware Inc.

10.4 SAP SE

10.5 Rockwell Automation Inc.

10.6 Outotec OYJ

10.7 Komatsu Mining Corporation (Joy Global)

10.8 Intellisense.IO

10.9 IBM Corporation

10.10 Hexagon AB

10.11 Cisco Systems Inc.

10.12 Atlas Copco

10.13 ABB Ltd

For more information about this report visit https://www.researchandmarkets.com/r/4fr3wh