Global Smart Mining Technology Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI03257822

Publication Date:

March 4, 2025

Pages:

129

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Smart Mining Technology market size is predicted to grow from US$ 3035 million in 2025 to US$ 4543 million in 2031; it is expected to grow at a CAGR of 7.0% from 2025 to 2031.
Adoption of AI in mining operations shifts mining processes from people-oriented operations to a process-oriented one. Intelligent Mining incorporated with AI facilitates supply chain with real time shipment monitoring, predictive mining maintenance, smart听inventory management听and more.
The global smart mining technology market is expected to experience significant growth in the coming years. Smart mining refers to the adoption of advanced technologies and solutions to optimize mining operations, improve safety, increase productivity, and reduce costs. The integration of automation, IoT devices, data analytics, artificial intelligence, and other digital solutions in mining activities is driving the market growth.
Several factors are fueling the market expansion. Firstly, the mining industry is facing challenges such as the depletion of high-grade deposits and the need for improving operational efficiency. Smart mining technologies enable companies to monitor and manage mining processes in real-time, leading to better resource utilization and cost reduction.
Secondly, the increasing emphasis on safety regulations and practices in mining operations is driving the adoption of smart technologies. Integration of IoT devices and AI-powered analytics helps detect potential hazards, monitor worker conditions, and prevent accidents.
Moreover, the demand for sustainable mining practices and environmental responsibility is accelerating the adoption of smart mining technologies. These technologies aid in optimizing energy consumption, reducing carbon emissions, and minimizing the ecological impact of mining activities.
In terms of market segmentation, the smart mining technology market is categorized based on automated equipment, hardware component, software solutions, and services. Various mining types, such as underground mining and surface mining, are also considered.
Key players in the global smart mining technology market include ABB Ltd., Rockwell Automation, Caterpillar Inc., Komatsu Ltd., Hitachi Construction Machinery Co. Ltd., Hexagon AB, Sandvik AB, Cisco Systems, Inc., and IBM Corporation.
The 鈥淪mart Mining Technology Industry Forecast鈥� looks at past sales and reviews total world Smart Mining Technology sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Mining Technology sales for 2025 through 2031. With Smart Mining Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Mining Technology industry.
This Insight Report provides a comprehensive analysis of the global Smart Mining Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Smart Mining Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Smart Mining Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Mining Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Mining Technology.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Mining Technology market by product type, application, key players and key regions and countries.
Segmentation by Type:
AI/ML-enabled Supply Chain Management
Mining Analytics Platform
Blockchain-based Metal Trading Platform
Emissions Management Software
Others
Segmentation by Application:
Risk & Compliance Management
Mining Operations & Process Control
Mining Data Warehousing
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Rockwell Automation
Caterpillar Inc.
Komatsu Ltd
Hitachi Construction Machinery Co. Ltd
Hexagon AB
Sandvik AB
Cisco Systems, Inc
IBM Corporation
Huawei Technologies
Infosys
Wipro
ABB Ltd
Skuchain
Sphera
Aveva Group plc
VROC.AI
ZE Power Group Inc
Phinar Software
Locus Technologies
IntelliSense.io

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Mining Technology Market Size (2020-2031)
2.1.2 Smart Mining Technology Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Smart Mining Technology by Country/Region (2020, 2024 & 2031)
2.2 Smart Mining Technology Segment by Type
2.2.1 AI/ML-enabled Supply Chain Management
2.2.2 Mining Analytics Platform
2.2.3 Blockchain-based Metal Trading Platform
2.2.4 Emissions Management Software
2.2.5 Others
2.3 Smart Mining Technology Market Size by Type
2.3.1 Smart Mining Technology Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Smart Mining Technology Market Size Market Share by Type (2020-2025)
2.4 Smart Mining Technology Segment by Application
2.4.1 Risk & Compliance Management
2.4.2 Mining Operations & Process Control
2.4.3 Mining Data Warehousing
2.4.4 Others
2.5 Smart Mining Technology Market Size by Application
2.5.1 Smart Mining Technology Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Smart Mining Technology Market Size Market Share by Application (2020-2025)
3 Smart Mining Technology Market Size by Player
3.1 Smart Mining Technology Market Size Market Share by Player
3.1.1 Global Smart Mining Technology Revenue by Player (2020-2025)
3.1.2 Global Smart Mining Technology Revenue Market Share by Player (2020-2025)
3.2 Global Smart Mining Technology Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Smart Mining Technology by Region
4.1 Smart Mining Technology Market Size by Region (2020-2025)
4.2 Global Smart Mining Technology Annual Revenue by Country/Region (2020-2025)
4.3 Americas Smart Mining Technology Market Size Growth (2020-2025)
4.4 APAC Smart Mining Technology Market Size Growth (2020-2025)
4.5 Europe Smart Mining Technology Market Size Growth (2020-2025)
4.6 Middle East & Africa Smart Mining Technology Market Size Growth (2020-2025)
5 Americas
5.1 Americas Smart Mining Technology Market Size by Country (2020-2025)
5.2 Americas Smart Mining Technology Market Size by Type (2020-2025)
5.3 Americas Smart Mining Technology Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Mining Technology Market Size by Region (2020-2025)
6.2 APAC Smart Mining Technology Market Size by Type (2020-2025)
6.3 APAC Smart Mining Technology Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Smart Mining Technology Market Size by Country (2020-2025)
7.2 Europe Smart Mining Technology Market Size by Type (2020-2025)
7.3 Europe Smart Mining Technology Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Mining Technology by Region (2020-2025)
8.2 Middle East & Africa Smart Mining Technology Market Size by Type (2020-2025)
8.3 Middle East & Africa Smart Mining Technology Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Smart Mining Technology Market Forecast
10.1 Global Smart Mining Technology Forecast by Region (2026-2031)
10.1.1 Global Smart Mining Technology Forecast by Region (2026-2031)
10.1.2 Americas Smart Mining Technology Forecast
10.1.3 APAC Smart Mining Technology Forecast
10.1.4 Europe Smart Mining Technology Forecast
10.1.5 Middle East & Africa Smart Mining Technology Forecast
10.2 Americas Smart Mining Technology Forecast by Country (2026-2031)
10.2.1 United States Market Smart Mining Technology Forecast
10.2.2 Canada Market Smart Mining Technology Forecast
10.2.3 Mexico Market Smart Mining Technology Forecast
10.2.4 Brazil Market Smart Mining Technology Forecast
10.3 APAC Smart Mining Technology Forecast by Region (2026-2031)
10.3.1 China Smart Mining Technology Market Forecast
10.3.2 Japan Market Smart Mining Technology Forecast
10.3.3 Korea Market Smart Mining Technology Forecast
10.3.4 Southeast Asia Market Smart Mining Technology Forecast
10.3.5 India Market Smart Mining Technology Forecast
10.3.6 Australia Market Smart Mining Technology Forecast
10.4 Europe Smart Mining Technology Forecast by Country (2026-2031)
10.4.1 Germany Market Smart Mining Technology Forecast
10.4.2 France Market Smart Mining Technology Forecast
10.4.3 UK Market Smart Mining Technology Forecast
10.4.4 Italy Market Smart Mining Technology Forecast
10.4.5 Russia Market Smart Mining Technology Forecast
10.5 Middle East & Africa Smart Mining Technology Forecast by Region (2026-2031)
10.5.1 Egypt Market Smart Mining Technology Forecast
10.5.2 South Africa Market Smart Mining Technology Forecast
10.5.3 Israel Market Smart Mining Technology Forecast
10.5.4 Turkey Market Smart Mining Technology Forecast
10.6 Global Smart Mining Technology Forecast by Type (2026-2031)
10.7 Global Smart Mining Technology Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Smart Mining Technology Forecast
11 Key Players Analysis
11.1 Rockwell Automation
11.1.1 Rockwell Automation Company Information
11.1.2 Rockwell Automation Smart Mining Technology Product Offered
11.1.3 Rockwell Automation Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Rockwell Automation Main Business Overview
11.1.5 Rockwell Automation Latest Developments
11.2 Caterpillar Inc.
11.2.1 Caterpillar Inc. Company Information
11.2.2 Caterpillar Inc. Smart Mining Technology Product Offered
11.2.3 Caterpillar Inc. Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Caterpillar Inc. Main Business Overview
11.2.5 Caterpillar Inc. Latest Developments
11.3 Komatsu Ltd
11.3.1 Komatsu Ltd Company Information
11.3.2 Komatsu Ltd Smart Mining Technology Product Offered
11.3.3 Komatsu Ltd Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Komatsu Ltd Main Business Overview
11.3.5 Komatsu Ltd Latest Developments
11.4 Hitachi Construction Machinery Co. Ltd
11.4.1 Hitachi Construction Machinery Co. Ltd Company Information
11.4.2 Hitachi Construction Machinery Co. Ltd Smart Mining Technology Product Offered
11.4.3 Hitachi Construction Machinery Co. Ltd Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Hitachi Construction Machinery Co. Ltd Main Business Overview
11.4.5 Hitachi Construction Machinery Co. Ltd Latest Developments
11.5 Hexagon AB
11.5.1 Hexagon AB Company Information
11.5.2 Hexagon AB Smart Mining Technology Product Offered
11.5.3 Hexagon AB Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Hexagon AB Main Business Overview
11.5.5 Hexagon AB Latest Developments
11.6 Sandvik AB
11.6.1 Sandvik AB Company Information
11.6.2 Sandvik AB Smart Mining Technology Product Offered
11.6.3 Sandvik AB Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Sandvik AB Main Business Overview
11.6.5 Sandvik AB Latest Developments
11.7 Cisco Systems, Inc
11.7.1 Cisco Systems, Inc Company Information
11.7.2 Cisco Systems, Inc Smart Mining Technology Product Offered
11.7.3 Cisco Systems, Inc Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Cisco Systems, Inc Main Business Overview
11.7.5 Cisco Systems, Inc Latest Developments
11.8 IBM Corporation
11.8.1 IBM Corporation Company Information
11.8.2 IBM Corporation Smart Mining Technology Product Offered
11.8.3 IBM Corporation Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 IBM Corporation Main Business Overview
11.8.5 IBM Corporation Latest Developments
11.9 Huawei Technologies
11.9.1 Huawei Technologies Company Information
11.9.2 Huawei Technologies Smart Mining Technology Product Offered
11.9.3 Huawei Technologies Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Huawei Technologies Main Business Overview
11.9.5 Huawei Technologies Latest Developments
11.10 Infosys
11.10.1 Infosys Company Information
11.10.2 Infosys Smart Mining Technology Product Offered
11.10.3 Infosys Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Infosys Main Business Overview
11.10.5 Infosys Latest Developments
11.11 Wipro
11.11.1 Wipro Company Information
11.11.2 Wipro Smart Mining Technology Product Offered
11.11.3 Wipro Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Wipro Main Business Overview
11.11.5 Wipro Latest Developments
11.12 ABB Ltd
11.12.1 ABB Ltd Company Information
11.12.2 ABB Ltd Smart Mining Technology Product Offered
11.12.3 ABB Ltd Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 ABB Ltd Main Business Overview
11.12.5 ABB Ltd Latest Developments
11.13 Skuchain
11.13.1 Skuchain Company Information
11.13.2 Skuchain Smart Mining Technology Product Offered
11.13.3 Skuchain Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Skuchain Main Business Overview
11.13.5 Skuchain Latest Developments
11.14 Sphera
11.14.1 Sphera Company Information
11.14.2 Sphera Smart Mining Technology Product Offered
11.14.3 Sphera Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Sphera Main Business Overview
11.14.5 Sphera Latest Developments
11.15 Aveva Group plc
11.15.1 Aveva Group plc Company Information
11.15.2 Aveva Group plc Smart Mining Technology Product Offered
11.15.3 Aveva Group plc Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Aveva Group plc Main Business Overview
11.15.5 Aveva Group plc Latest Developments
11.16 VROC.AI
11.16.1 VROC.AI Company Information
11.16.2 VROC.AI Smart Mining Technology Product Offered
11.16.3 VROC.AI Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 VROC.AI Main Business Overview
11.16.5 VROC.AI Latest Developments
11.17 ZE Power Group Inc
11.17.1 ZE Power Group Inc Company Information
11.17.2 ZE Power Group Inc Smart Mining Technology Product Offered
11.17.3 ZE Power Group Inc Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 ZE Power Group Inc Main Business Overview
11.17.5 ZE Power Group Inc Latest Developments
11.18 Phinar Software
11.18.1 Phinar Software Company Information
11.18.2 Phinar Software Smart Mining Technology Product Offered
11.18.3 Phinar Software Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 Phinar Software Main Business Overview
11.18.5 Phinar Software Latest Developments
11.19 Locus Technologies
11.19.1 Locus Technologies Company Information
11.19.2 Locus Technologies Smart Mining Technology Product Offered
11.19.3 Locus Technologies Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.19.4 Locus Technologies Main Business Overview
11.19.5 Locus Technologies Latest Developments
11.20 IntelliSense.io
11.20.1 IntelliSense.io Company Information
11.20.2 IntelliSense.io Smart Mining Technology Product Offered
11.20.3 IntelliSense.io Smart Mining Technology Revenue, Gross Margin and Market Share (2020-2025)
11.20.4 IntelliSense.io Main Business Overview
11.20.5 IntelliSense.io Latest Developments
12 Research Findings and Conclusion

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