The global smart mining market size is expected to reach USD 2,455.8 million in 2027 from USD 925.7 million in 2019, growing at a CAGR of 16% from 2021 to 2027. Increasing awareness of the harsh effects of the mining environment, such as UV exposure, dust, noise, chemical hazards, and ground instability pose health problems for mine workers. This is influencing many major manufacturers to introduce advanced smart mining solutions into the smart mining market, which is one of the key drivers of the global market.
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This report focuses on the global top players, covered
- ABB Ltd.
- Atlas Copco
- Caterpillar Inc.
- Hitachi Construction Machinery Co. Ltd.
- Joy Global Inc.
- Komatsu Ltd.
- Outotec Oyj
- Cisco Systems Inc.
- Alcatel-Lucent
Market segment by Type, the product can be split into
- Hardware
- Service
- Solution
Market segment by Application, the market can be split into
- Metallic Mine
- Coal
- Non-metallic Mine
- Other
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Scope of the Report
The research study analyzes the global Smart Mining industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Mining Market Report
1. What was the Smart Mining Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Smart Mining Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Smart Mining Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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