
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, smartÌýinventory managementÌýand more.
The global Smart Mining Technology market is projected to reach US$ 4072.8 million in 2029, increasing from US$ 2590 million in 2022, with the CAGR of 6.7% during the period of 2023 to 2029.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Smart Mining Technology market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
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
Segment by Type
AI/ML-enabled Supply Chain Management
Mining Analytics Platform
Blockchain-based Metal Trading Platform
Emissions Management Software
Others
Segment by Application
Risk & Compliance Management
Mining Operations & Process Control
Mining Data Warehousing
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Smart Mining Technology report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Mining Technology Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 AI/ML-enabled Supply Chain Management
1.2.3 Mining Analytics Platform
1.2.4 Blockchain-based Metal Trading Platform
1.2.5 Emissions Management Software
1.2.6 Others
1.3 Market by Application
1.3.1 Global Smart Mining Technology Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Risk & Compliance Management
1.3.3 Mining Operations & Process Control
1.3.4 Mining Data Warehousing
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Mining Technology Market Perspective (2018-2029)
2.2 Smart Mining Technology Growth Trends by Region
2.2.1 Global Smart Mining Technology Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Smart Mining Technology Historic Market Size by Region (2018-2023)
2.2.3 Smart Mining Technology Forecasted Market Size by Region (2024-2029)
2.3 Smart Mining Technology Market Dynamics
2.3.1 Smart Mining Technology Industry Trends
2.3.2 Smart Mining Technology Market Drivers
2.3.3 Smart Mining Technology Market Challenges
2.3.4 Smart Mining Technology Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Mining Technology Players by Revenue
3.1.1 Global Top Smart Mining Technology Players by Revenue (2018-2023)
3.1.2 Global Smart Mining Technology Revenue Market Share by Players (2018-2023)
3.2 Global Smart Mining Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Smart Mining Technology Revenue
3.4 Global Smart Mining Technology Market Concentration Ratio
3.4.1 Global Smart Mining Technology Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Mining Technology Revenue in 2022
3.5 Smart Mining Technology Key Players Head office and Area Served
3.6 Key Players Smart Mining Technology Product Solution and Service
3.7 Date of Enter into Smart Mining Technology Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Mining Technology Breakdown Data by Type
4.1 Global Smart Mining Technology Historic Market Size by Type (2018-2023)
4.2 Global Smart Mining Technology Forecasted Market Size by Type (2024-2029)
5 Smart Mining Technology Breakdown Data by Application
5.1 Global Smart Mining Technology Historic Market Size by Application (2018-2023)
5.2 Global Smart Mining Technology Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Smart Mining Technology Market Size (2018-2029)
6.2 North America Smart Mining Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Smart Mining Technology Market Size by Country (2018-2023)
6.4 North America Smart Mining Technology Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Mining Technology Market Size (2018-2029)
7.2 Europe Smart Mining Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Smart Mining Technology Market Size by Country (2018-2023)
7.4 Europe Smart Mining Technology Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Smart Mining Technology Market Size (2018-2029)
8.2 Asia-Pacific Smart Mining Technology Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Smart Mining Technology Market Size by Region (2018-2023)
8.4 Asia-Pacific Smart Mining Technology Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Smart Mining Technology Market Size (2018-2029)
9.2 Latin America Smart Mining Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Smart Mining Technology Market Size by Country (2018-2023)
9.4 Latin America Smart Mining Technology Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Mining Technology Market Size (2018-2029)
10.2 Middle East & Africa Smart Mining Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Smart Mining Technology Market Size by Country (2018-2023)
10.4 Middle East & Africa Smart Mining Technology Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Rockwell Automation
11.1.1 Rockwell Automation Company Detail
11.1.2 Rockwell Automation Business Overview
11.1.3 Rockwell Automation Smart Mining Technology Introduction
11.1.4 Rockwell Automation Revenue in Smart Mining Technology Business (2018-2023)
11.1.5 Rockwell Automation Recent Development
11.2 Caterpillar Inc.
11.2.1 Caterpillar Inc. Company Detail
11.2.2 Caterpillar Inc. Business Overview
11.2.3 Caterpillar Inc. Smart Mining Technology Introduction
11.2.4 Caterpillar Inc. Revenue in Smart Mining Technology Business (2018-2023)
11.2.5 Caterpillar Inc. Recent Development
11.3 Komatsu Ltd
11.3.1 Komatsu Ltd Company Detail
11.3.2 Komatsu Ltd Business Overview
11.3.3 Komatsu Ltd Smart Mining Technology Introduction
11.3.4 Komatsu Ltd Revenue in Smart Mining Technology Business (2018-2023)
11.3.5 Komatsu Ltd Recent Development
11.4 Hitachi Construction Machinery Co. Ltd
11.4.1 Hitachi Construction Machinery Co. Ltd Company Detail
11.4.2 Hitachi Construction Machinery Co. Ltd Business Overview
11.4.3 Hitachi Construction Machinery Co. Ltd Smart Mining Technology Introduction
11.4.4 Hitachi Construction Machinery Co. Ltd Revenue in Smart Mining Technology Business (2018-2023)
11.4.5 Hitachi Construction Machinery Co. Ltd Recent Development
11.5 Hexagon AB
11.5.1 Hexagon AB Company Detail
11.5.2 Hexagon AB Business Overview
11.5.3 Hexagon AB Smart Mining Technology Introduction
11.5.4 Hexagon AB Revenue in Smart Mining Technology Business (2018-2023)
11.5.5 Hexagon AB Recent Development
11.6 Sandvik AB
11.6.1 Sandvik AB Company Detail
11.6.2 Sandvik AB Business Overview
11.6.3 Sandvik AB Smart Mining Technology Introduction
11.6.4 Sandvik AB Revenue in Smart Mining Technology Business (2018-2023)
11.6.5 Sandvik AB Recent Development
11.7 Cisco Systems, Inc
11.7.1 Cisco Systems, Inc Company Detail
11.7.2 Cisco Systems, Inc Business Overview
11.7.3 Cisco Systems, Inc Smart Mining Technology Introduction
11.7.4 Cisco Systems, Inc Revenue in Smart Mining Technology Business (2018-2023)
11.7.5 Cisco Systems, Inc Recent Development
11.8 IBM Corporation
11.8.1 IBM Corporation Company Detail
11.8.2 IBM Corporation Business Overview
11.8.3 IBM Corporation Smart Mining Technology Introduction
11.8.4 IBM Corporation Revenue in Smart Mining Technology Business (2018-2023)
11.8.5 IBM Corporation Recent Development
11.9 Huawei Technologies
11.9.1 Huawei Technologies Company Detail
11.9.2 Huawei Technologies Business Overview
11.9.3 Huawei Technologies Smart Mining Technology Introduction
11.9.4 Huawei Technologies Revenue in Smart Mining Technology Business (2018-2023)
11.9.5 Huawei Technologies Recent Development
11.10 Infosys
11.10.1 Infosys Company Detail
11.10.2 Infosys Business Overview
11.10.3 Infosys Smart Mining Technology Introduction
11.10.4 Infosys Revenue in Smart Mining Technology Business (2018-2023)
11.10.5 Infosys Recent Development
11.11 Wipro
11.11.1 Wipro Company Detail
11.11.2 Wipro Business Overview
11.11.3 Wipro Smart Mining Technology Introduction
11.11.4 Wipro Revenue in Smart Mining Technology Business (2018-2023)
11.11.5 Wipro Recent Development
11.12 ABB Ltd
11.12.1 ABB Ltd Company Detail
11.12.2 ABB Ltd Business Overview
11.12.3 ABB Ltd Smart Mining Technology Introduction
11.12.4 ABB Ltd Revenue in Smart Mining Technology Business (2018-2023)
11.12.5 ABB Ltd Recent Development
11.13 Skuchain
11.13.1 Skuchain Company Detail
11.13.2 Skuchain Business Overview
11.13.3 Skuchain Smart Mining Technology Introduction
11.13.4 Skuchain Revenue in Smart Mining Technology Business (2018-2023)
11.13.5 Skuchain Recent Development
11.14 Sphera
11.14.1 Sphera Company Detail
11.14.2 Sphera Business Overview
11.14.3 Sphera Smart Mining Technology Introduction
11.14.4 Sphera Revenue in Smart Mining Technology Business (2018-2023)
11.14.5 Sphera Recent Development
11.15 Aveva Group plc
11.15.1 Aveva Group plc Company Detail
11.15.2 Aveva Group plc Business Overview
11.15.3 Aveva Group plc Smart Mining Technology Introduction
11.15.4 Aveva Group plc Revenue in Smart Mining Technology Business (2018-2023)
11.15.5 Aveva Group plc Recent Development
11.16 VROC.AI
11.16.1 VROC.AI Company Detail
11.16.2 VROC.AI Business Overview
11.16.3 VROC.AI Smart Mining Technology Introduction
11.16.4 VROC.AI Revenue in Smart Mining Technology Business (2018-2023)
11.16.5 VROC.AI Recent Development
11.17 ZE Power Group Inc
11.17.1 ZE Power Group Inc Company Detail
11.17.2 ZE Power Group Inc Business Overview
11.17.3 ZE Power Group Inc Smart Mining Technology Introduction
11.17.4 ZE Power Group Inc Revenue in Smart Mining Technology Business (2018-2023)
11.17.5 ZE Power Group Inc Recent Development
11.18 Phinar Software
11.18.1 Phinar Software Company Detail
11.18.2 Phinar Software Business Overview
11.18.3 Phinar Software Smart Mining Technology Introduction
11.18.4 Phinar Software Revenue in Smart Mining Technology Business (2018-2023)
11.18.5 Phinar Software Recent Development
11.19 Locus Technologies
11.19.1 Locus Technologies Company Detail
11.19.2 Locus Technologies Business Overview
11.19.3 Locus Technologies Smart Mining Technology Introduction
11.19.4 Locus Technologies Revenue in Smart Mining Technology Business (2018-2023)
11.19.5 Locus Technologies Recent Development
11.20 IntelliSense.io
11.20.1 IntelliSense.io Company Detail
11.20.2 IntelliSense.io Business Overview
11.20.3 IntelliSense.io Smart Mining Technology Introduction
11.20.4 IntelliSense.io Revenue in Smart Mining Technology Business (2018-2023)
11.20.5 IntelliSense.io Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
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
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Ìý
*If Applicable.
