Driving the Future of Mining Automation

Mining Automation is rapidly replacing human labour with the fully automated machinery in the mining process in order to reduce mishaps occurring in mines as well as making the process fast and précised. Automation in mining can be delivered with the combined strength of equipment, software, and usage of communication systems. The industry is facing several changes in the path of automation, however, some of the developed country shifting rapidly towards semi-automated to fully-automated mines as per requirement and capital availability. A major driver for the market is to ensure the safety of the workers and labours working in the site of mines enclosed with hazardous risks and increase in the productivity of mines. Also, it reduces the wages overheads incurred on workers.

Some of the key players influencing the market are the list of companies for mining automation Market are Caterpillar, Komatsu Ltd., Hitachi, Ltd., Symboticware Inc., Sandvik AB, Hexagon, Atlas Copco AB, Mst Global, Autonomous Solutions Inc., and Trimble Inc among others.

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The dearth of qualified, professional, and technical personnel to operate the highly advanced machines and equipment act as a restraining factor in the mining automation market. Nevertheless, for better optimization of fuel, safety among the labours and to extract hard minerals, ores from dangerous and deep mines, and development in technologies to lower the operating costs will create opportunities for the market.

The report Mining Automation Market provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global mining automation market based on solutions, technology, component, and application. It also provides market size and forecast till 2027 for overall mining automation market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM).

Source: The Insight Partners