$10+ Billion North America Smart Mining Market Forecast (2019 to 2027) - COVID-19 Impact and Regional Analysis - ResearchAndMarkets.com

DUBLIN--()--The "North America Smart Mining Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Component; Mining Type; Hardware Type; Software Type" report has been added to ResearchAndMarkets.com's offering.

The smart mining market in North America is expected to grow from US$ 2,418.4 Mn in 2019 to US$ 10,099.7 Mn by 2027; it is estimated to grow at a CAGR of 19.8% during 2020-2027.

North America includes developed economies such as the US and Canada, along with several developing economies such as Mexico. Technological advancements have led to a highly competitive market in North America. The North American smart mining sector is experiencing growth, facing hindrances, and witnessing trends at the regional, provincial/state, and local levels. The world's largest mining companies have been working hard to cut costs and take the impairments required to support continued North America smart mining commodity demand.

On the basis of component, hardware segment led the smart mining market in 2018. In recent years, wearable devices have been in use in various applications in the mining industry to regulate production processes in hard rock mines, health and safety management in coal mines, and monitor environmental quality in industrial mineral mines.

The overall North America smart mining size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the market based on the segmentation pertaining to the market in North America. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America smart mining market.

Companies Mentioned

  • ABB Ltd
  • Alastri
  • Caterpillar Inc
  • Intellisense.io
  • Hexagon AB
  • Hitachi, Ltd
  • MineSense
  • Rockwell Automation, Inc
  • SAP SE
  • Trimble Inc

Reasons to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America smart mining market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America smart mining market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Smart Mining Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America - PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Smart Mining Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Usage of IoT in Mining for the Safety of Workers

5.1.2 On-site data acquisition systems for Protecting On-Site data

5.2 Market Restraints

5.2.1 Increased Safety Standards, Strict Environmental Regulations for Mining Companies

5.3 Market Opportunities

5.3.1 Mining Automation for Simple Operation

5.4 Future Trends

5.4.1 Digital Transformation of Mining Companies

5.5 Impact Analysis of Drivers and Restraints

6. Smart Mining - North America Market Analysis

6.1 Smart Mining Market Overview

6.2 Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)

7. Smart Mining Market - By Component

7.1 Overview

7.2 Smart Mining Market Breakdown, by Component (2019 and 2027)

7.3 Hardware

7.4 Software and Solutions

7.5 Services

8. Smart Mining Market - By Mining Type

8.1 Overview

8.2 Smart Mining Market Breakdown, by Mining Type (2019 and 2027)

8.3 Underground Mining

8.3.1 Overview

8.3.2 Underground Mining: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)

8.4 Surface Mining

8.4.1 Overview

8.4.2 Surface Mining: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)

9. North America Smart Mining Market - Country Analysis

9.1 North America: Smart Mining Market

9.1.1 North America: Smart Mining Market, by Key Country

9.1.1.1 US: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)

9.1.1.2 Canada: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)

9.1.1.3 Mexico: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 Merger and Acquisition

10.4 New Development

11. Company Profiles

12. Appendix

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900