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Smart Mining Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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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
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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
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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
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Smart Mining Market
Smart Mining Market: By Services
•
Support and Maintenance
•
System Integration and Implementation services
•
Product Training Services
•
Consulting Services
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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)
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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
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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
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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
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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
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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.
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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.
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United States
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Author
wayne collins
wayne collins750   documents Email
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size, trends, smart, 2016, 2024, market, analysis, growth, mining, forecasts, share, industry, global
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