Smart Mining Market Size, Share, Analysis Report

Smart Mining Market Size By Service (System Integration, Support and Maintenance, Consulting), By Method (Underground Mining, Surface Mining), By System and Solution (Smart Control Systems, Smart Safety and Security System, Remote Management Solution, Operational Data Processing and Analytics, Smart Assets, Smart Logistics), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Global Smart Mining Market is expected to be around US$ 8.20 Billion by 2027 and will grow at a CAGR of more than 20.5% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Hexagon AB
  • Thingworx
  • Symboticware Inc
  • Alastri
  • Intellisense.Io
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    20.50%

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Global Smart Mining Market is expected to be around US$ 8.20 Billion by 2027 and will grow at a CAGR of more than 20.5% in the given forecast period.

    The global smart mining market is anticipated to witness important development over the estimate period. Smart Mining fundamentally allocates the combination of Information and Communications technology solutions for the comprehensive supply chain of the mining production, empowering well-organized connectivity between the managers, employees, and experts in order to document optimum production and with standards of retrieving least or no wastes at any stage with harmless as well as ecologically friendly land. These times, the mining industry is affecting in the direction of a more rapid, nontoxic, and much more precise manufacturing exercise. In adding, factors like price cutting schemes also encourage some administrations to implement novel knowledges in order to ensure better quality processes and production both in terms of quality.

    The factors which propel the development of the global smart mining market Size contain development in adoption of autonomous equipment, improved emphasis on safety & health, empowers effectual connectivity, rising environmental concerns, among miners, optimum product output, and retrieval with minimum wastage. Furthermore, there is an increase in the additional of conventional mining technologies with smart automated technologies. The smart mining technologies are also significantly safer and environment-friendly as associated to traditional mining technology and technology agrees monitoring pollution to meet environmental regulatory norms.

    The global Smart Mining market is segregated on the basis of Service as System Integration, Support and Maintenance, and Consulting. Based on Method the global Smart Mining market is segmented in Underground Mining and Surface Mining. Based on System and Solution the global Smart Mining market is segmented in Smart Control Systems, Smart Safety and Security System, Remote Management Solution, Operational Data Processing and Analytics, Smart Assets, and Smart Logistics.

    The global Smart Mining market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Mining market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Hexagon AB, Thingworx, Symboticware Inc, Alastri, Intellisense.Io, Trimble Navigation Limited, SAP SE, Cisco Systems, Inc., ABB Group, Rockwell Automation, and others are among the major players in the global Smart Mining market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Smart Mining Market has been segmented as below:

    Smart Mining Market, By Service

    • System Integration
    • Support and Maintenance
    • Consulting

    Smart Mining Market, By Method

    • Underground Mining
    • Surface Mining

    Smart Mining Market, By System and Solution

    • Smart Control Systems
    • Smart Safety and Security System
    • Remote Management Solution
    • Operational Data Processing and Analytics
    • Smart Assets
    • Smart Logistics

    Smart Mining Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Smart Mining Market, By Company

    • Hexagon AB
    • Thingworx
    • Symboticware Inc
    • Alastri
    • Intellisense.Io
    • Trimble Navigation Limited
    • SAP SE
    • Cisco Systems, Inc.
    • ABB Group
    • Rockwell Automation
    • Wenco International Mining Systems Ltd
    • Komatsu Mining Corporation
    • IBM Corporation

    The report covers:

    • Global Smart Mining market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Smart Mining market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Mining market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Smart Mining market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics.

    The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Mining market share. Major industry players with significant revenue share include Hexagon AB, Thingworx, Symboticware Inc, Alastri, Intellisense.Io, Trimble Navigation Limited, SAP SE, Cisco Systems, Inc., ABB Group, Rockwell Automation, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Smart Mining industry trends
    • Find complete analysis on the market status
    • Identify the Smart Mining market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
        
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
            
    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
        
    5. Smart Mining Market, By Service
        5.1 Introduction
        5.2 System Integration
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Support and Maintenance
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Consulting
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
            
    6. Smart Mining Market, By Method
        6.1 Introduction
        6.2 Underground Mining
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Surface Mining
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
            
    7. Smart Mining Market, By System and Solution
        7.1 Introduction
        7.2 Smart Control Systems
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Smart Safety and Security System
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Remote Management Solution
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
        7.5 Operational Data Processing and Analytics
            7.5.1 Market Overview
            7.5.2 Market Size and Forecast
        7.6 Smart Assets
            7.6.1 Market Overview
            7.6.2 Market Size and Forecast
        7.7 Smart Logistics
            7.7.1 Market Overview
            7.7.2 Market Size and Forecast
            
    8. Smart Mining Market, By Geography
        8.1 Introduction
        8.2 North America
            8.2.1 North America Smart Mining, By Service
            8.2.2 North America Smart Mining, By Method
            8.2.3 North America Smart Mining, By System and Solution
        8.3 Europe
            8.3.1 Europe Smart Mining, By Service
            8.3.2 Europe Smart Mining, By Method
            8.3.3 Europe Smart Mining, By System and Solution
        8.4 Asia-Pacific
            8.4.1 Asia-Pacific Smart Mining, By Service
            8.4.2 Asia-Pacific Smart Mining, By Method
            8.4.3 Asia-Pacific Smart Mining, By System and Solution
        8.5 Rest of the World
            8.5.1 Rest of the World Smart Mining, By Service
            8.5.2 Rest of the World Smart Mining, By Method
            8.5.3 Rest of the World Smart Mining, By System and Solution
        
    9. Competitive Insights
        9.1 Key Insights
        9.2 Company Market Share Analysis
        9.3 Strategic Outlook
            9.3.1 Mergers & Acquisitions
            9.3.2 New Product Development
            9.3.3 Portfolio/Production Capacity Expansions
            9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
            9.3.5 Others
           
    10. Company Profiles
        10.1 Hexagon AB
            10.1.1 Company Overview
            10.1.2 Product/Service Landscape
            10.1.3 Financial Overview
            10.1.4 Recent Developments
        10.2 Thingworx
            10.2.1 Company Overview
            10.2.2 Product/Service Landscape
            10.2.3 Financial Overview
            10.2.4 Recent Developments
        10.3 Symboticware Inc
            10.3.1 Company Overview
            10.3.2 Product/Service Landscape
            10.3.3 Financial Overview
            10.3.4 Recent Developments
        10.4 Alastri
            10.4.1 Company Overview
            10.4.2 Product/Service Landscape
            10.4.3 Financial Overview
            10.4.4 Recent Developments
        10.5 Intellisense.Io
            10.5.1 Company Overview
            10.5.2 Product/Service Landscape
            10.5.3 Financial Overview
            10.5.4 Recent Developments
        10.6 Trimble Navigation Limited
            10.6.1 Company Overview
            10.6.2 Product/Service Landscape
            10.6.3 Financial Overview
            10.6.4 Recent Developments
        10.7 SAP SE
            10.7.1 Company Overview
            10.7.2 Product/Service Landscape
            10.7.3 Financial Overview
            10.7.4 Recent Developments
        10.8 Cisco Systems, Inc.
            10.8.1 Company Overview
            10.8.2 Product/Service Landscape
            10.8.3 Financial Overview
            10.8.4 Recent Developments
        10.9 ABB Group
            10.9.1 Company Overview
            10.9.2 Product/Service Landscape
            10.9.3 Financial Overview
            10.9.4 Recent Developments
        10.10 Rockwell Automation
            10.10.1 Company Overview
            10.10.2 Product/Service Landscape
            10.10.3 Financial Overview
            10.10.4 Recent Developments
        10.11 Wenco International Mining Systems Ltd
            10.11.1 Company Overview
            10.11.2 Product/Service Landscape
            10.11.3 Financial Overview
            10.11.4 Recent Developments
        10.12 Komatsu Mining Corporation
            10.12.1 Company Overview
            10.12.2 Product/Service Landscape
            10.12.3 Financial Overview
            10.12.4 Recent Developments
        10.13 IBM Corporation
            10.13.1 Company Overview
            10.13.2 Product/Service Landscape
            10.13.3 Financial Overview
            10.13.4 Recent Developments
        10.14 Atlas Copco
            10.14.1 Company Overview
            10.14.2 Product/Service Landscape
            10.14.3 Financial Overview
            10.14.4 Recent Developments
        10.15 Outotec OYJ
            10.15.1 Company Overview
            10.15.2 Product/Service Landscape
            10.15.3 Financial Overview
            10.15.4 Recent Developments
        10.16 Hitachi Ltd
            10.16.1 Company Overview
            10.16.2 Product/Service Landscape
            10.16.3 Financial Overview
            10.16.4 Recent Developments
        10.17 Robert Bosch Gmbh
            10.17.1 Company Overview
            10.17.2 Product/Service Landscape
            10.17.3 Financial Overview
            10.17.4 Recent Developments

    The Smart Mining Market has been segmented as below:

    Smart Mining Market, By Service

    • System Integration
    • Support and Maintenance
    • Consulting

    Smart Mining Market, By Method

    • Underground Mining
    • Surface Mining

    Smart Mining Market, By System and Solution

    • Smart Control Systems
    • Smart Safety and Security System
    • Remote Management Solution
    • Operational Data Processing and Analytics
    • Smart Assets
    • Smart Logistics

    Smart Mining Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Smart Mining Market, By Company

    • Hexagon AB
    • Thingworx
    • Symboticware Inc
    • Alastri
    • Intellisense.Io
    • Trimble Navigation Limited
    • SAP SE
    • Cisco Systems, Inc.
    • ABB Group
    • Rockwell Automation
    • Wenco International Mining Systems Ltd
    • Komatsu Mining Corporation
    • IBM Corporation

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 20.5% during the study period (2022-2027)
    The global Smart Mining Market Expected to Exceed more than US$ 8.20 Billion by 2027
    The segment included in the Smart Mining Market is Service, Method, System and Solution and Region.
    Some key players operating in the Smart Mining Market include Hexagon AB, Thingworx, Symboticware Inc, Alastri, Intellisense.Io
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