Smart Mining Solution Market - Emphasis on Achieving Operational Efficiency and Miners’ Safety to Trigger Growth

While the mining sector continues to face the brunt of global recession downturns, mining companies find the need to determine ways to sustain in a market that is also categorized by a widening talent gap, rising stakeholder demands, and deteriorating access to key aspects such as water and energy. Today’s scenario has made it vital for miners to concentrate on differentiating their business models to generate long-term value, with which they can not only attract more investors but also generate significant profits. Smart technology incorporation continues to remain a go-to approach in order to attain this success. Rise in the adoption of technology, globally, is not just changing the demand dynamics of some commodities, but is also modifying the traditional approach to mining.

The deployment of smart mining solutions allows mining companies to boost production efficiency by using real-time monitoring and communication, and reduce labor expense. In a recently published extensive study on the smart mining solution market by Transparency Market Research (TMR), analysts showcase a positive viewpoint of the industry. The study unveils the key elements driving industry growth, while listing the developments made by market competitors.

smart mining solution market strategies

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Contemplating the Past; Tracing the Role of Digital Solutions in Mining

Since the beginning of civilization, individuals have utilized mining techniques to extract minerals from the surface of the Earth. Discoveries have highlighted the extraction of flint pebbles from deposits in Britain and France, back in the New Stone Age. In ancient times, as far back as 3000 BCE, Egyptians mined copper. In the initial stage, mining was slow-paced, hazardous, and involved the use of heavy and complex equipment. However, with progress in time, the mining industry has witnessed the development of safe and accurate methods of discovering and mining substances found in the Earth. Mining technology has made tremendous advances in the past three decades, in wake of the Industry 4.0 Revolution.

With the rising adoption of sensor technology, Industrial Internet of Things (IIoT), and smart devices and gadgets, the demand for smart mining solutions has risen tremendously, translating into significant market numbers. The smart mining solution market is expected to reach a valuation of ~ US$ 9.2 Bn in 2019. Continuous innovations in technology and the growing applicability of smart mining solutions are expected to drive the growth of the market, registering a CAGR of 11.5% throughout the period of forecast.

Impact of Undercurrents on Smart Mining Solution Marketplace

Artificial Intelligence: Disrupting the Smart Mining Space

Technologies such as Artificial Intelligence are not just bringing transformations across several industries, but also laying the ground for the mining sector, for becoming a digitally disrupted and supported industry. Apart from offering real-time tracking, predictive maintenance for equipment, and environmental and emission monitoring, AI-enabled systems and solutions are driving operational excellence and safety. Protecting fatal open-cast accidents on mining sites is made possible with such futuristic systems.

Autonomous Vehicles: Changing the Face of Future Mining Capabilities

Autonomous and remote-controlled vehicles are becoming the new face of the automotive sector. Beyond this, their significance continues to grow across the mining space, wherein, miners would be able to operate vehicles remotely without human intervention. Another significant development witnessed across the mining sector is the deployment of drone solutions for both, surface and underground mining.

Smart Wearable Devices: Promise for Miners’ Safety

Mining safety continues to remain a major concern for mine operators, compelling them to adopt effective tools that can help improve on the safety quotient. The Internet of Things provides a bunch of alternatives in the form of wearable safety technology, including glasses, smart jackets, and helmets to ensure the safety of miners.

Although the smart mining solution market continues to proliferate, certain aspects are likely to impact the market negatively. High expenses associated with deployment technology, unavailability of adequate infrastructure, and lack of skilled labor workforce to run smart technologies are likely to impede market growth.

smart mining solution market asia pacific by automated equipment 2019

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Key Strategies for Smart Mining Solution Providers

Strengthen Data & Operation Management Software Portfolio

Data and operation management plays a crucial role in the mining industry, as major emphasis is given to achieving operational efficiency. The integration of mine operations with data and operation management solutions enables workforces to connect with equipment in real time, and perform automated execution, predictive production scheduling, and respond to changes within seconds. With significant demand for such solutions, leading smart mining solution market players strategize to expand this portfolio.

Direct Investments towards Robotic Equipment Development

Optimal performance, reduced operational costs, and greater efficiency in functioning, all associated with the use of robotic equipment, are capturing the attention of miners. Smart mining solution providers are, therefore, ruminating over the profitable avenues associated with robotic trucks, further directing investments towards the development of the same. Robotic or self-driven trucks have been successfully used across regions such as Australia over the past few years, and are presently employed in North America and Latin America.

Explore Opportunities in Marine Mining

There has been a significant rise in interest for extracting deep sea mineral deposits over the past couple of years. This is attributed to the depletion of the terrestrial deposits of metals. Moreover, the increasing demand for metals for the production of electronic devices and green technologies has resulted in the rise in marine mining activities. As smart mining solutions ease processes across deep-sea mining, resulting in lower environmental impact, significant opportunities are witnessed for smart mining solution market competitors.

Mapping the Competitive Landscape

In March 2019, ABB launched a digital portfolio - ABB Ability MineOptimize. This system has digitalization at its core, and connects all automation, electrification, and digital offerings to optimize all the processes, ranging from designing and building to operation and services in any underground or open-pit mine and minerals processing plant.

In 2018, Hexagon’s mining division acquired Guardvant, a provider of integrated safety solutions for the mining sector. This acquisition strengthens Hexagon’s safety portfolio.

In July 2018, Newmont Mining Corporation and Caterpillar entered into a collaboration agreement to improve automation technology for underground hard rock mining vehicles. The collaboration aims at enhancing the existing technology, and accelerate the validation and deployment of new features.

The smart mining solution market consists of several established players, with a high concentration of small- and medium-sized players. Technology or service providers operating in the smart mining solution market comprise companies engaged in developing hardware and software solutions and services for the mining industry. The pricing of products and services or brand image and technological processes of manufacturers play a vital role in the smart mining solution market. Collaborations between mining companies and smart mining solution providers are majorly witnessed. Apart from this, companies continue to focus on incorporating cutting-edge technology in their offerings.

smart mining solution market segments

 

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TMR Analysts Weigh in on Market Opportunities

Key focus on increasing production, improvement in safety, process optimization and automation, cost reduction, and compliance with environment-related regulations are driving the use of automated equipment across the mining space. Owing to this, TMR analysts cite the high growth potential in the smart mining solution industry. Asia Pacific is the leading region in the global smart mining solution market, and is likely to offer substantial opportunities to vendors and service providers involved in the development and delivery of hardware and software platforms for smart mining, during the forecast period. Rise in the demand for metals and minerals from various sectors, and strong growth of the manufacturing sector in the region, particularly in China, have laid the foundation for the smart mining solution business in Asia Pacific. New players could consider expansion across this region. Increase in international mandates and increased focus on the development safe mining infrastructure, coupled with the incorporation of automation technologies, are major factors assisting new players in entering the smart mining solution market.

Smart Mining Solutions

  • The implementation and integration of the Internet of Things (IOT), big data, and artificial intelligence in mining has revolutionized the industry, making operation, process, and cost optimization much easier. Smart mining solutions have resulted in enhanced productivity, environment performance, accountability, safety, and local community support.
  • Digital transformation (smart mining solutions) of the mining industry has enabled companies to obtain real-time data, data modelling, and data visualization in order to take more quick, effective, and efficient decisions in a shorter span of time, thereby increasing overall productivity and efficiency of their operations.

Rise in Demand for Metal in Manufacturing, Construction, and Other Industries

  • Manufacturing and service industries have been expanding significantly, especially in developing countries such as India, China, Mexico, Vietnam, Indonesia, and Brazil, since the last few years. This has boosted the demand for metals and minerals in these countries, thereby putting pressure on the mining industry to meet the increasing demand. These countries are some of the fastest growing economies in the world. The industrial sector contributes significantly to the GDP of these countries.
  • Growth of construction and shipbuilding industries in Asia Pacific at a rapid pace due to the significant rise in the number of projects is also expected to boost the demand for metals and minerals. Furthermore, growth in disposable income and rise in demand for durable goods such as automobiles and household equipment with high mineral or metal content are anticipated to fuel the demand for minerals and metals.
  • Increase in the demand for metal and minerals in various end uses is likely to propel the mining industry. Mining companies are adopting smart solutions to boost their productivity and output levels in order to cope up with the rising demand for metals and minerals. Therefore, an increase in the demand for metals and minerals is likely to propel the demand for smart mining solutions in the near future.
  • The mining industry is plagued by high cost operations. If not kept in check, they can disrupt a company’s operations. However, the integration of smart mining solutions helps save costs at several nodes, by not only providing real-time data and its analysis, but also accelerating the decision-making process. This can help in cutting down several uncontrollable costs. Therefore, rise in the demand for cost optimization is projected to augment the smart mining solution market during the forecast period.
  • Increase in process optimization is another factor that is likely to drive the demand for smart mining solutions. Process optimization helps increase profitability, reduce lag time between operations, and enhance the efficiency of operations and processes.

Lack of Skilled Workforce Likely to Hamper the Smart Mining Solution Market

  • The mining industry is facing a shortage of skilled workforce. A large percentage of the workforce is nearing the retirement age. The rate of replacement has been low due to the decline in interest of the youth in mining related activities. This is a major threat to the sustainability of the mining industry.
  • The industry requires skilled workforce to operate advanced and smart mining equipment. The workforce needs to be capable of not only operating but also effectively understanding the various aspects of smart mining solutions in order to run operations continuously. Thus, lack of skilled workforce is expected to hamper the smart mining solution market during the forecast period.

Increasing Interest in Deep Sea Mineral Deposits

  • Marine mining is gaining momentum due to the presence of large and untapped deposits of metals and minerals under the seabed. Deposits of metals and minerals on land are declining due to the depletion of terrestrial reserves for metals such as copper, nickel, aluminum, manganese, zinc, lithium, and cobalt.
  • Marine mining entails the retrieval of mineral deposits from the sea and the area of the ocean below 200 meters, in order to meet the increased demand for metals and minerals in various end uses, including green technologies such as batteries, solar panels, and wind turbines.
  • Advanced technologies are required for the exploration and extraction of marine mineral deposits. Sensors, Remotely Operated Vehicles (ROVs), and other smart technologies play a vital role in marine mining. These can provide new opportunities to the smart mining solution market in the near future.

Recent Developments, Expansions, Acquisitions, and New Contracts

  • In May 2019, Sandvik AB delivered AutoMine and OptiMine solutions to Codelco's Chuquicamata mine, which is transforming its operation from open-pit to underground. The company’s AutoMine fleet system would form the first step in implementing a fully-automated mining solution at El Teniente, with the OEM's underground trucks. Codelco is already using the OptiMine suite of digital optimization tools at the mine.
  • In May 2019, Hindustan Zinc announced that it is collaborating with Epiroc AB on the digitalization of its Sindesar Khurd mine, a zinc-lead operation, in Rajasthan, India. The latter’s flagship product, Mobilaris Mining Intelligence (MMI), is a "decision support system" and "Google for your mine" for asset tracking. The product integrates planning, production & maintenance, and sensor data, in underground mines.
  • In May 2018, Sandvik AB added Sandvik TH545i to its existing i-series truck family of Sandvik TH551i and Sandvik TH663i, which was launched in July 2017. The new Sandvik TH545i is designed for intelligent mine operations and improved productivity. The truck features a Sandvik Intelligent Control System with data collection and reporting as a standard feature. The Sandvik TH545i comes with automation compatibility, and can be equipped with an optional AutoMine Trucking OnBoard Package. An added intelligent feature of this truck is an integrated weighing system (IWS), which is available as an option for all intelligent Sandvik trucks, supporting improved efficiency and ensuring full utilization of the truck's payload capacity.

Asia Pacific Anticipated to be Highly Lucrative in the Global Smart Mining Solution Market

  • Asia Pacific led the global smart mining solution market in 2018. The smart mining solution market in the region is likely to expand at a substantial pace during the forecast period, due to the rise in industrialization and rapid urbanization in developing economies such as China and India; and growth in mining activities in the region, especially in China, India, and Australia, where mining is one of the major industries.
  • Europe accounted for a key share of the global smart mining solution market in 2018. Increase in environmental regulations on mining activities is expected drive the demand for smart mining solutions in order to optimize mining activities and lower greenhouse gas emissions from mining operations.
  • The smart mining solution market in North America is anticipated to expand in the near future, due to increasing investments in automation and process optimization in mining in the U.S. and Canada. Countries in the region are some of the largest mining countries, and are investing significantly in smart mining solutions.

Large Players Dominating the Global Smart Mining Solution Market

  • The global smart mining solution market is highly fragmented, with the presence of a large number of local, regional, and global players.
  • The report contains information about the main players present in the smart mining solution market. Key players operating in the global smart mining solution market are
  • Atlas Copco
  • Caterpillar Inc.
  • Komatsu Ltd.
  • Hitachi Construction Machinery Co., Ltd 
  • Rockwell Automation, Inc.
  • SAP SE
  • IntelliSense.io
  • Alastri
  • Symboticware Inc.
  • Stone Three Mining Pty. Ltd.
  • Hexagon AB
  • Trimble Navigation Limited
  • ABB Ltd.
  • Joy Global Inc.
  • Sandvik AB.
  • Cisco Systems, Inc.
  • Alcatel-Lucent

Smart Mining Solution Market Taxonomy

Automated Equipment

Excavators

Load Haul Dumpers

Drillers & Breakers

Robotic Trucks

Others

Solution Type

Hardware

  • Sensors
  • RFID Tags
  • Intelligent Systems
  • Others

Software

  • Logistics Software
  • Data & Operation Management Software
  • Safety & Security Systems
  • Connectivity Solutions
  • Analytics Solutions
  • Remote Management Solutions
  • Asset Management Solutions

Services

  • Support & Maintenance
  • System Integration & Implementation Services
  • Product Training Services
  • Consulting Services

Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

 

 

1. Preface
    1.1. Report Scope and Market Segmentation
    1.2. Research Highlights
2. Assumptions and Research Methodology
    2.1.  Assumptions and Acronyms Used
    2.2. Research Methodology
3. Executive Summary: Global Smart Mining Solution Market
    3.1. Market Value, Indicative (US$ Mn)
    3.2. Top Three Trends
4. Market Overview
    4.1. Product Overview
    4.2. Market Indicators
5. Market Dynamics
    5.1. Drivers and Restraints Snapshot Analysis
            5.1.1.1. Drivers
            5.1.1.2. Restraints
            5.1.1.3. Opportunities
    5.2. Global Smart Mining Solution Market Value (US$ Mn) Forecast, 2018-2027
    5.3. Porter’s Five Forces Analysis
        5.3.1. Threat of Substitutes
        5.3.2. Bargaining Power of Buyers
        5.3.3. Bargaining Power of Suppliers
        5.3.4. Threat of New Entrants
        5.3.5. Degree of Competition
    5.4. Regulatory Scenario
    5.5. Value Chain Analysis
6. Global Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Analysis, by Automated Equipment
    6.1. Key Findings and Introduction
    6.2. Global Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        6.2.1. Global Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Excavators, 2018–2027
        6.2.2. Global Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Load Haul Dumpers, 2018–2027
        6.2.3. Global Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Drillers & Breakers, 2018–2027
        6.2.4.  Global Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Robotic Trucks, 2018–2027
        6.2.5. Global Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Others, 2018–2027
    6.3. Global Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment
7. Global Smart Mining Solution Market Value (US$ Mn) Analysis, by Solution Type
    7.1. Key Findings and Introduction
    7.2. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
        7.2.1. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware, 2018–2027
            7.2.1.1. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Sensors, 2018–2027
            7.2.1.2. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by RFID Tags, 2018–2027
            7.2.1.3. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Intelligent Systems, 2018–2027
            7.2.1.4. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Others, 2018–2027
        7.2.2. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Electrical & Software, 2018–2027
            7.2.2.1. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Logistics Software, 2018–2027
            7.2.2.2. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Data & Operation Management Software, 2018–2027
            7.2.2.3. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Safety & Security Systems, 2018–2027
            7.2.2.4. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Connectivity Solutions, 2018–2027
            7.2.2.5. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Analytics Solutions, 2018–2027
            7.2.2.6. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Remote Management Solutions, 2018–2027
            7.2.2.7. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Asset Management Solutions, 2018–2027
        7.2.3. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
            7.2.3.1. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Support & Maintenance, 2018–2027
            7.2.3.2. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by System Integration & Implementation Services, 2018–2027
            7.2.3.3. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Product Training Services, 2018–2027
            7.2.3.4. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Consulting Services, 2018–2027
    7.3. Global Smart Mining Solution Market Attractiveness Analysis, by Solution Type
8. Global Smart Mining Solution Market Analysis, by Region
    8.1. Key Findings
    8.2. Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Region
        8.2.1. North America
        8.2.2. Europe
        8.2.3. Asia Pacific
        8.2.4. Latin America
        8.2.5. Middle East & Africa
    8.3. Global Smart Mining Solution Market Attractiveness Analysis, by Region
9. North America Smart Mining Solution Market Overview
    9.1. Key Findings
    9.2. North America Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
    9.3. North America Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
    9.4. North America Smart Mining Solution Market Value (US$ Mn) Forecast, by Country 
        9.4.1. U.S. Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        9.4.2. U.S. Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
        9.4.3. Canada Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        9.4.4. Canada Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
    9.5. North America Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment
    9.6. North America Smart Mining Solution Market Attractiveness Analysis, by Solution Type
    9.7. North America Smart Mining Solution Market Attractiveness Analysis, by Country
10. Europe Smart Mining Solution Market Overview
    10.1. Key Findings
    10.2. Europe Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
    10.3. Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
    10.4. Europe Smart Mining Solution Market Value (US$ Mn) and  Forecast, by Country and Sub-region 
        10.4.1. France Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        10.4.2. France Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
        10.4.3. Germany Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        10.4.4. Germany Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
        10.4.5. Rest of Europe Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        10.4.6. Rest of Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
    10.5. Europe Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment
    10.6. Europe Smart Mining Solution Market Attractiveness Analysis, by Solution Type
    10.7. Europe Smart Mining Solution Market Attractiveness Analysis, by Country and Sub-region
11. Asia Pacific Smart Mining Solution Market Overview
    11.1. Key Findings
    11.2. Asia Pacific Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
    11.3. Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
    11.4. Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Country and Sub-region 
        11.4.1. China Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027 
        11.4.2. China Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027 
        11.4.3. India Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment
        11.4.4. India Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027 
        11.4.5. Rest of Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment
        11.4.6. Rest of Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027 
    11.5. Asia Pacific Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment
    11.6. Asia Pacific Smart Mining Solution Market Attractiveness Analysis, by Solution Type
    11.7. Asia Pacific Smart Mining Solution Market Attractiveness Analysis, by Country and Sub-region
12. Latin America Smart Mining Solution Market Overview
    12.1. Key Findings
    12.2. Latin America Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
    12.3. Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
    12.4. Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Country and Sub-region 
        12.4.1. Brazil Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        12.4.2. Brazil Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
        12.4.3. Mexico Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        12.4.4. Mexico Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
        12.4.5. Rest of Latin America Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        12.4.6. Rest of Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
    12.5. Latin America Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment
    12.6. Latin America Smart Mining Solution Market Attractiveness Analysis, by Solution Type
    12.7. Latin America Smart Mining Solution Market Attractiveness Analysis, by Country and Sub-region
13. Middle East & Africa Smart Mining Solution Market Overview
    13.1. Key Findings
    13.2. Middle East & Africa Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
    13.3. Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
    13.4. Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Country and Sub-region
        13.4.1. GCC Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        13.4.2. GCC Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
        13.4.3. South Africa Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        13.4.4. South Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
        13.4.5. Rest of Middle East & Africa Smart Mining Solution Market Volume (Units) and Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
        13.4.6. Rest of Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
    13.5. Middle East & Africa Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment
    13.6. Middle East & Africa Smart Mining Solution Market Attractiveness Analysis, by Solution Type
    13.7. Middle East & Africa Smart Mining Solution Market Attractiveness Analysis, by Country and Sub-region
14. Competition Landscape
    14.1. Global Smart Mining Solution Market Share Analysis, by Company (2018)
    14.2.  Competition Matrix 
        14.2.1. Atlas Copco
        14.2.2. Caterpillar Inc. 
        14.2.3. Hitachi Construction Machinery Co., Ltd.
        14.2.4. Komatsu Ltd.
    14.3. Company Profiles
        14.3.1. Rockwell Automation, Inc.  
            14.3.1.1. Company Details
            14.3.1.2. Company Description
            14.3.1.3. Business Overview
            14.3.1.4. Financial Details
            14.3.1.5. Strategic Overview
        14.3.2. SAP SE
            14.3.2.1. Company Details
            14.3.2.2. Company Description
            14.3.2.3. Business Overview
            14.3.2.4. Financial Details
            14.3.2.5. Strategic Overview
        14.3.3. Trimble Navigation Limited 
            14.3.3.1. Company Details
            14.3.3.2. Company Description
            14.3.3.3. Business Overview
            14.3.3.4. Financial Details
            14.3.3.5. Strategic Overview
        14.3.4. Hexagon AB
            14.3.4.1. Company Details
            14.3.4.2. Company Description
            14.3.4.3. Business Overview
            14.3.4.4. Financial Details
            14.3.4.5. Strategic Overview
        14.3.5. Stone Three Mining Pty Ltd 
            14.3.5.1. Company Details
            14.3.5.2. Company Description
            14.3.5.3. Business Overview
        14.3.6. Symboticware Inc.  
            14.3.6.1. Company Details
            14.3.6.2. Company Description
            14.3.6.3. Business Overview
        14.3.7. Alastri    
            14.3.7.1. Company Details
            14.3.7.2. Company Description
            14.3.7.3. Business Overview
        14.3.8. IntelliSense.io  
            14.3.8.1. Company Details
            14.3.8.2. Company Description
            14.3.8.3. Business Overview
        14.3.9. ABB Ltd.
            14.3.9.1. Company Details
            14.3.9.2. Company Description
            14.3.9.3. Business Overview
            14.3.9.4. Financial Details
            14.3.9.5. Strategic Overview
        14.3.10. Atlas Copco
            14.3.10.1. Company Details
            14.3.10.2. Company Description
            14.3.10.3. .Business Overview
            14.3.10.4. Financial Details
            14.3.10.5. Strategic Overview
        14.3.11. Caterpillar Inc.  
            14.3.11.1. Company Details
            14.3.11.2. Company Description
            14.3.11.3. Business Overview
            14.3.11.4. Financial Details
            14.3.11.5. Strategic Overview
        14.3.12. Hitachi Construction Machinery Co., Ltd. 
            14.3.12.1. Company Details
            14.3.12.2. Company Description
            14.3.12.3. Business Overview
            14.3.12.4. Financial Details
            14.3.12.5. Strategic Overview
        14.3.13. Joy Global Inc.
            14.3.13.1. Company Details
            14.3.13.2. Company Description
            14.3.13.3. Business Overview
        14.3.14. Komatsu Ltd.  
            14.3.14.1. Company Details
            14.3.14.2. Company Description
            14.3.14.3. Business Overview
            14.3.14.4. Financial Details
            14.3.14.5. Strategic Overview
        14.3.15. Sandvik AB
            14.3.15.1. Company Details
            14.3.15.2. Company Description
            14.3.15.3. Business Overview
            14.3.15.4. Financial Details
            14.3.15.5. Strategic Overview
        14.3.16. Cisco Systems, Inc.
            14.3.16.1. Company Details
            14.3.16.2. Company Description
            14.3.16.3. Business Overview
            14.3.16.4. Financial Details
            14.3.16.5. Strategic Overview
        14.3.17. Alcatel-Lucent  
            14.3.17.1. Company Details
            14.3.17.2. Company Description
            14.3.17.3. Business Overview
            14.3.17.4. Financial Details
            14.3.17.5. Strategic Overview

 

List of Tables

Table 01: Global Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 02: Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 03: Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 04: Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Software, 2018–2027
Table 05: Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware, 2018–2027
Table 06: Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 07: Global Smart Mining Solution Market Value (US$ Mn) Forecast, by Region, 2018–2027
Table 08: North America Smart Mining Solution Market Value (US$ Mn) Forecast, by Country, 2018–2027
Table 09: North America Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 10: North America Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 11: North America Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 12: North America Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 13: North America Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 14: North America Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 15: U.S. Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 16: U.S. Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 17: U.S. Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 18: U.S. Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 19: U.S. Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 20: U.S. Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 21: Canada Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 22: Canada Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 23: Canada Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 24: Canada Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 25: Canada Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 26: Canada Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 27: Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Country and Sub-region, 2018–2027
Table 28: Europe Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 29: Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 30: Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 31: Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 32: Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 33: Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 34: France Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 35: France Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 36: France Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 37: France Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 38: France Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 39: France Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 40: Germany Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 41: Germany Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 42: Germany Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 43: Germany Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 44: Germany Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 45: Germany Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 46: Rest of Europe Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 47: Rest of Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 48: Rest of Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 49: Rest of Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 50: Rest of Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 51: Rest of Europe Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 52: Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Country and Sub-region, 2018–2027
Table 53: Asia Pacific Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 54: Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 55: Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 56: Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 57: Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 58: Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 59: China Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 60: China Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 61: China Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 62: China Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 63: China Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 64: China Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 65: India Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 66: India Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 67: India Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 68: India Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 69: India Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 70: India Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 71: Rest of Asia Pacific Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 72: Rest of Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 73: Rest of Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 74: Rest of Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 75: Rest of Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 76: Rest of Asia Pacific Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 77: Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Country and Sub-region, 2018–2027
Table 78: Latin America Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 79: Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 80: Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 81: Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 82: Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 83: Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 84: Brazil Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 85: Brazil Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 86: Brazil Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 87: Brazil Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 88: Brazil Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 89: Brazil Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 90: Mexico Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 91: Mexico Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 92: Mexico Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 93: Mexico Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 94: Mexico Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 95: Mexico Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 96: Rest of Latin America Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 97: Rest of Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 98: Rest of Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 99: Rest of Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 100: Rest of Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 101: Rest of Latin America Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 102: Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Country and Sub-region, 2018–2027
Table 103: Middle East & Africa Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 104: Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 105: Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 106: Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 107: Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 108: Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 109: GCC Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 110: GCC Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 111: GCC Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 112: GCC Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 113: GCC Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 114: GCC Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 115: South Africa Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 116: South Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 117: South Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 118: South Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 119: South Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 120: South Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027
Table 121: Rest of Middle East & Africa Smart Mining Solution Market Volume (Units) Forecast, by Automated Equipment, 2018–2027
Table 122: Rest of Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Automated Equipment, 2018–2027
Table 123: Rest of Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Solution Type, 2018–2027
Table 124: Rest of Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Software Solution, 2018–2027
Table 125: Rest of Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Hardware Solution, 2018–2027
Table 126: Rest of Middle East & Africa Smart Mining Solution Market Value (US$ Mn) Forecast, by Services, 2018–2027

 

List of Figures

Figure 01: Global Smart Mining Solution Market Value (US$ Mn) Analysis, 2018–2027
Figure 02: Global Smart Mining Solution Market Value Share Analysis, by Automated Equipment, 2018 and 2027
Figure 03: Global Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment
Figure 04: Global Smart Mining Solution Market Value Share Analysis, by Solution Type, 2018 and 2027
Figure 05: Global Smart Mining Solution Market Value Share Analysis, by Software, 2018 and 2027
Figure 06: Global Smart Mining Solution Market Value Share Analysis, by Services, 2018 and 2027
Figure 07: Global Smart Mining Solution Market Value Share Analysis, by Hardware, 2018 and 2027
Figure 08: Global Smart Mining Solution Market Attractiveness Analysis, by Solution Type, 2019–2027
Figure 09: Global Smart Mining Solution Market Value Share Analysis, by Region, 2018 and 2027
Figure 10: Global Smart Mining Solution Market Attractiveness Analysis, by Region
Figure 11: North America Smart Mining Solution Market Value Share Analysis, by Country, 2018 and 2027
Figure 12: North America Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment 
Figure 13: North America Smart Mining Solution Market Attractiveness Analysis, by Solution Type
Figure 14: North America Smart Mining Solution Market Attractiveness Analysis, by Country
Figure 15: Europe Smart Mining Solution Market Value Share Analysis, by Country and Sub-region 2018 and 2027
Figure 16: Europe Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment 
Figure 17: Europe Smart Mining Solution Market Attractiveness Analysis, by Solution Type
Figure 18: Europe Smart Mining Solution Market Attractiveness Analysis, by Country and Sub-region
Figure 19: Asia Pacific Market Value Share Analysis, by Country and Sub-region, 2018 and 2027
Figure 20: Asia Pacific Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment 
Figure 21: Asia Pacific Smart Mining Solution Market Attractiveness Analysis, by Solution Type
Figure 22: Asia Pacific Smart Mining Solution Market Attractiveness Analysis, by Country and Sub-region
Figure 23: Latin America Smart Mining Solution Market Value Share Analysis, by Country and Sub-region, 2018 and 2027
Figure 24: Latin America Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment 
Figure 25: Latin America Smart Mining Solution Market Attractiveness Analysis, by Solution Type
Figure 26: Latin America Smart Mining Solution Market Attractiveness Analysis, by Country and Sub-region
Figure 27: Middle East & Africa Smart Mining Solution Market Value Share Analysis, by Country and Sub-region, 2018 and 2027
Figure 28: Middle East & Africa Smart Mining Solution Market Attractiveness Analysis, by Automated Equipment 
Figure 29: Middle East & Africa Smart Mining Solution Market Attractiveness Analysis, by Solution Type
Figure 30: Middle East & Africa Smart Mining Solution Market Attractiveness Analysis, by Country and Sub-region
Figure 31: Global Smart Mining Solution Market Value Share Analysis, by Automated Equipment, 2018
Figure 32: Global Smart Mining Solution Market Value Share Analysis, by Mining Software, 2018

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Smart Mining Solution Market, Smart Mining Market