Transparency Market Research Smart Mining Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 Published Date 22-June-2016 135 Page Report Buy Now Request Sample Press Release Smart Mining Market to Reach US$22.59 bn by 2024, Investments Prompted by Promise of Reduced Operational Costs:TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Smart Mining Market REPORT DESCRIPTION Smart Mining Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 Transparency Market Research has released a new market report titled, “Smart Mining Market - Global Industry Analysis, Size, Share, Growth Trends, And Forecast 2016 - 2024” According to this report, the global smart mining market was valued at US$5.98 bn in 2014 and is projected to reach US$22.59 bn by 2024 at a CAGR of 14.7% from 2016 to 2024. The global mining industry has witnessed as significant transformation in the past few decades. The prime reason behind such transformation is the introduction of numerous smart mining technologies for carrying out mining operations. These smart mining technologies include several automated mining equipment, sensors, RFID tags, and various types of mine monitoring and analytics software. Browse Report with Full TOC at : http://www.transparencymarketresearch.com/smart-miningmarket.html Previously, the mining industry was largely dependent only on the labor force. Miners mainly used iron chisels & hammers, pickaxes, compressed drills, and other manually operated tools for mining operations. Introduction of such smart technologies not only enables efficient connectivity among miners but also allows optimal production and recovery with minimum wastage. They are also much safer and environment-friendly as compared to the traditional mining technology. Operational costs associated with smart mining technology are also very less as compared with the traditional technology. However, deployment of smart technologies in a particular mine involves very high capital cost. Mining companies across the world also lack skilled labor force to successfully run such smart technologies and they are investing aggressively in training their existing workforce in order to ensure efficient operations. The global smart mining market has been segmented on the basis of automated equipment and service. However, on the basis of component, the market has been segmented into hardware component and software solutions. Automated equipment holds the highest market share in the smart mining market. Key players in the smart mining market are Rockwell Automation, Inc., SAP SE, Trimble Navigation Limited, HEXAGON, STONE THREE MINING PTY LTD, SYMBOTICWARE INC., Alastri, IntelliSense.io, ABB Ltd., Atlas Copco, Caterpillar Inc., Hitachi Construction Machinery Co., Ltd., Joy Global Inc., Komatsu Ltd., Sandvik AB, Cisco Systems, Inc., and Alcatel-Lucent. Rising concerns about mining operation optimization coupled with increasing use of Internet of Things (IoT) solutions in mining operations have driven the global market for smart mining in the past few decades. Despite several fluctuations in the commodity prices, the global smart mining market was valued at US$ 5,981.2 Mn in 2014 and is projected to reach US$ 22,589.5 Mn by 2024 at a CAGR of 14.7% from 2016 to 2024 Transparency Market Research 2 Smart Mining Market Smart Mining Market: By Automated Equipment • Excavators • Load Haul Dump • Drillers & Brakers • Robotic Truck • Other Automated Equipment Smart Mining Market: By Hardware Component • Sensors • RFID Tags • Intelligent Systems • Others Smart Mining Market: By Software Solutions • Logistics Software • Data and Operation Management Software • Safety and Security Systems • Connectivity Solutions • Analytics Solutions • Remote management Solutions • Asset management Solutions Transparency Market Research 3 Smart Mining Market Smart Mining Market: By Services • Support and Maintenance • System Integration and Implementation services • Product Training Services • Consulting Services Download Free Research Report Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11372 TABLE OF CONTENT Table of Content Section 1 Preface Report Description Market Segmentation Description Research Scope Research Methodology Section 2 Executive Summary Global Smart Mining Market Estimates and Forecasts (US$ Mn) Transparency Market Research 4 Smart Mining Market Smart Mining Market: Snapshot Section 3 Industry Analysis Introduction Value Chain Analysis of Smart Mining Market Market Dynamics Driver 1 – Rising concerns about mining operation optimization Driver 2 – Introduction of Internet of Things (IoT) solutions in mining Restraint 1 – High capital investment coupled with undefined standards associated with smart mining technology Opportunity 1 – Increasing environment concerns across the global mining industry Porter’s Five Forces Analysis Mining Performance and Smart Mining Price Trends Market Attractiveness Analysis of Smart Mining Market, 2015 Company Market Share, Smart Mining Market (%) (2015) Section 4 Smart Mining- Regional Analysis Overview Global Smart Mining Market Share, by Region, 2014 and 2024 Global Smart Mining Market Revenue, by Segment, 2014 and 2024 (US$ Mn) Global Smart Mining Market - Segment Overview Transparency Market Research 5 Smart Mining Market Global Automated Equipment Market, Revenue Share Global Hardware Component Market, Revenue Share Global Software Solutions Market, Revenue Share Global Services Market, Revenue Share, 2014 Section 5 Smart Mining- North America Analysis North America Smart Mining Market Analysis, By Country, 2014 – 2024 (US$ Mn) North America Smart Mining Market, Regional Revenue Share North America Automated Equipment Market, US$ Mn North America Smart Mining Market Analysis, by Automated Equipment, (US$ Mn), 2014–2024 North America Hardware Components Market , US$ Mn North America Software Solutions Market , US$ Mn North America Smart Mining Market Analysis, by Hardware Component, (US$ Mn), 2014–2024 North America Smart Mining Market Analysis, by Software Solution, (US$ Mn), 2014–2024 North America Services Market, US$ Mn North America Smart Mining Market Analysis, by Service Equipment, (US$ Mn), 2014–2024 Section 6 Smart Mining- Europe Analysis Europe Smart Mining Market Analysis, By Country, 2014 – 2024 (US$ Mn) Europe Smart Mining Market, Regional Revenue Share Transparency Market Research 6 Smart Mining Market Europe Automated Equipment Market, US$ Mn Europe Smart Mining Market Analysis, By Automated Equipment, 2014 – 2024 (US$ Mn) Europe Hardware Components Market, US$ Mn Europe Software Solutions Market, US$ Mn Europe Smart Mining Market Analysis, By Hardware Component, 2014 – 2024 (US$ Mn) Europe Smart Mining Market Analysis, By Software Solutions, 2014 – 2024 (US$ Mn) Europe Services Market, US$ Mn Europe Smart Mining Market Analysis, By Services, 2014 – 2024 (US$ Mn) Section 7 Smart Mining- Asia Pacific Analysis Asia Pacific Smart Mining Market Analysis, By Country, 2014 – 2024 (US$ Mn) Asia Pacific Smart Mining Market, Regional Revenue Share Asia Pacific Automated Equipment Market, US$ Mn Asia Pacific Smart Mining Market Analysis, by Automated Equipment, (US$ Mn), 2014–2024 Asia Pacific Hardware Components Market, US$ Mn Asia Pacific Software Solutions Market, US$ Mn Asia Pacific Smart Mining Market Analysis, by Hardware Component, (US$ Mn), 2014–2024 Asia Pacific Smart Mining Market Analysis, by Software Solutions, (US$ Mn), 2014–2024 Asia Pacific Services Market, US$ Mn Asia Pacific Smart Mining Market Analysis, by Service, (US$ Mn), 2014–2024 Transparency Market Research 7 Smart Mining Market Section 8 Smart Mining- Middle East and Africa Analysis Middle East and Africa Smart Mining Market Analysis, By Country, 2014 – 2024 (US$ Mn) Middle East and Africa Smart Mining Market, Regional Revenue Share Middle East and Africa Automated Equipment Market, US$ Mn Middle East Smart Mining Market Analysis, by Automated Equipment, (US$ Mn), 2014–2024 Middle East and Africa Hardware Components Market, US$ Mn Middle East and Africa Software Solutions Market, US$ Mn Middle East Smart Mining Market Analysis, by Hardware Component, (US$ Mn), 2014–2024 Middle East Smart Mining Market Analysis, by Software Solution, (US$ Mn), 2014–2024 Middle East and Africa Services Market, US$ Mn Middle East Smart Mining Market Analysis, by Service, (US$ Mn), 2014–2024 Section 9 Smart Mining- South and Central America? South and Central America Smart Mining Market Analysis, By Country, 2014 – 2024 (US$ Mn) South America Smart Mining Market, Regional Revenue Share South America Automated Equipment Market, US$ Mn South and Central America Smart Mining Market Analysis, by Automated Equipment, (US$ Mn), 2014– 2024 South America Hardware Components Market, US$ Mn South America Software Solutions Market, US$ Mn Transparency Market Research 8 Smart Mining Market South and Central America Smart Mining Market Analysis, by Hardware Component, (US$ Mn), 2014– 2024 South and Central America Smart Mining Market Analysis, by Software Solution, (US$ Mn), 2014–2024 South America Services Market, US$ Mn South and Central America Smart Mining Market Analysis, by Service, (US$ Mn), 2014–2024 Section 10 Company Profiles Rockwell Automation, Inc. SAP SE Trimble Navigation Limited HEXAGON STONE THREE MINING PTY LTD SYMBOTICWARE INC. Alastri Intelisense.io ABB Ltd. Atlas Copco Caterpillar Hitachi Construction Machinery Co., Ltd. Joy Global Inc. Komatsu Ltd. Transparency Market Research 9 Smart Mining Market Sandvik AB Cisco Systems, Inc. Alcatel-Lucent Browse Report with Full TOC at : http://www.transparencymarketresearch.com/smart-miningmarket.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 10
Complaints about worker and environmental safety have increased over the past few years. Mining companies are now focusing on automated equipment or internet-connected machinery to reduce worker accidents and endangering of the environment. Instead of investing in labor-intensive assets, companies have started investing in smart mining equipment and software solutions. According to a report published by Transparency Market Research (TMR), the global smart mining market was valued at US$5.98 bn in 2014 and is estimated to rise to US$22.59 bn by 2024, expanding at a healthy CAGR of 14.7% between 2016 and 2024. Interpret a Competitive outlook Analysis Report with free PDF Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11372
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