Smart Mining Market - Global Industry Analysis, Trends & Forecast : 2024

Transparency Market
Research
Smart Mining Market (Automated Equipment - Excavators, Load Haul Dump,
Drillers & Brakers, Robotic Truck; Hardware Component - Sensors, RFID Tags,
Intelligent Systems; Software Solutions - Logistics Software) - Global Industry
Analysis, Size, Share, Growt
Published Date
22-June-2016
135 Page Report
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Press Release
Global Smart Mining Market: IoT Play Crucial Role in Adoption of Technology
and Raising Popularity, finds TMR
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Smart Mining Market
REPORT DESCRIPTION
Smart Mining Market - Global Industry Analysis, Size, Share, Growth Trends, And Forecast 2016 - 2024
The global smart mining is extremely fragmented owing to the presence of several leading companies, states
Transparency Market Research (TMR) in a research report. The uncertain price environment has put extreme pressure on
the demand and supply in the smart mining market. Declining productivity along with the nationalization of resources
and mounting cost of operations has triggered the need to optimize mining operations by enhancing efficiencies by
adhering to the regulatory environment. As a result of this, mining companies worldwide are focusing on the integration
of operational and information technologies in order to enhance their performance. Companies operating in the global
smart mining market are striving to raise awareness regarding the benefits of smart mining among end-users are also
investing in research and development activities in order to launch high-end products and services in the global smart
mining market. The leading participants in the market are Alcatel-Lucent, Cisco Systems, Inc., Sandvik AB, Komatsu Ltd.,
Joy Global Inc., Hitachi Construction Machinery Co., Ltd., Caterpillar Inc., Atlas Copco, ABB Ltd., IntelliSense.io, Alastri,
STONE THREE MINING PTY LTD, Trimble Navigation Limited, SAP SE, and Rockwell Automation Inc., among others.
According to a TMR analyst, “The global smart mining market is anticipated to expand at a 14.7% CAGR between 2016
and 2024. The market was worth US$5.98 bn in 2014 and is likely to rise to a valuation of US$22.59 bn by the end of
2024.”
Browse Market Research Report @ http://www.transparencymarketresearch.com/smart-mining-market.html
Data and Operation Management Software to Gain Prominence among End Users
In terms of software solution, the global smart mining market has been classified into asset management solutions,
remote management solutions, analytics solutions, connectivity solutions, security and safety systems, data and
operation management software, and logistics software. Amongst these, the segment of data and operation
management software in the smart mining market held the leading position in the market in 2014 and is expected to
maintain a dominant position until the end of the forecast period. Owing to the herculean task of managing data and
keeping track of the humungous mining operations, the adoption of this software is likely to trigger over the coming
years. Based on services, the global smart mining market is segmented into consulting services, product training services,
system implementation and integration services, and support and maintenance. Support and maintenance services are
likely to grow in popularity and account for the leading share by the end of 2024.
Region-wise, the global smart mining market has been categorized into Asia Pacific, the Middle East and Africa, Central
and South America, and Europe. Asia Pacific emerged as the leading market in the global smart mining market in 2014
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closely trailed by Europe and North America in the exact order. The growing number of exploration and mining activities
in the region is expected to magnify the adoption of smart mining techniques.
Use of Advanced Technology to Trigger Deployment
Robust technological advancement is expected to influence the smart mining market positively. While a completely
advanced and connected mining site may be still a few years away, Internet of Things is being increasingly adopted in
mining vehicles and equipment. In order to increase the efficiency of the processes and decrease the downtime, mining
companies are employing advanced tools for the purpose of predictive maintenance. Growing investment in simulation
technology is further expected to bode well for the market’s growth. Remote monitoring systems and their adoption is
expected to gain traction in the coming years, thus bolstering the market for smart mining.
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This review is based on a Transparency Market Research report titled, “Smart Mining Market - Global Industry Analysis,
Size, Share, Growth Trends, And Forecast 2016 – 2024.”
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
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Smart Mining Market
-Data and Operation Management Software
-Safety and Security Systems
-Connectivity Solutions
-Analytics Solutions
-Remote management Solutions
-Asset management Solutions
Smart Mining Market: By Services
-Support and Maintenance
-System Integration and Implementation services
-Product Training Services
-Consulting Services
Smart Mining Market: By Region
-North America
-U.S.
-Canada
-Mexico
-Europe
-CIS
-Germany
-Rest of Europe
-Asia Pacific
-China
-Australia
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Smart Mining Market
-India
-Indonesia
-Rest of Asia Pacific
-Middle East and Africa
-Saudi Arabia
-South Africa
TABLE OF CONTENT
Table of Content
Section 1 Preface
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Smart Mining Market
Report Description
Market Segmentation
Description
Research Scope
Research Methodology
Section 2 Executive Summary
Global Smart Mining Market Estimates and Forecasts (US$ Mn)
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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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
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
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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
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)
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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
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.
Sandvik AB
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Cisco Systems, Inc.
Alcatel-Lucent
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About Us
Transparency Market Research
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Smart Mining Market
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Global Smart Mining Market to reach US$22.59 bn by 2024; smart mining market has been segmented on the basis of automated equipment and services, Industry Size of smart mining to expand at CAGR of 14.7% from 2016 to 2024 Browse Market Research Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11372

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