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Mining Automation Market by Technique, Type, Equipment and Region - Global Forecast to 2023

Mining Automation Market by Technique, Type (Equipment, Software, Communications System), Equipment (Autonomous Hauling/Mining Trucks, Autonomous Drilling Rigs, Underground LHD Loaders, Tunneling Equipment) and Region - Global Forecast to 2023
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Published by MarketsandMarkets: 19 Oct 2017 | 136214 | In Stock
Related Topics: Equipment

Introduction

“The mining automation market is estimated to witness significant growth between 2017 and 2023”

The mining automation market valued at USD 2.22 billion in 2017 is expected to reach USD 3.29 billion by 2023, at a CAGR of 6.77% between 2017 and 2023. Key factors driving the growth of the mining automation include the increasing need for worker safety, the growing requirement for improving productivity, and the reduction in operating costs. However, the depletion of natural resources is a major restraining factor for the growth of the market.

“The underground mining segment of the mining automation market is expected to grow at the highest CAGR during forecast period”

Based on technique, the underground mining segment of the mining automation market is estimated to grow at the highest CAGR between 2017 and 2023. Underground miners have a high occupational risk. They have to face hazardous and life-threatening events such as collapse, flood, and release a tremendous amount of toxic gases while working in underground sites. Stringent regulations have forced mining companies to invest in advanced automated mining equipment for the safety of underground miner during mining operations. The increasing demand for automated mining equipment for underground operations is driving the underground mining automation market.

“Equipment is expected to lead the mining automation market between 2017 and 2023”

Based on type, the equipment segment is expected to account for the largest share of the mining automation market during the forecast period. Key factors such as the growing need for mine safety, increasing productivity, and controlling cost are driving the demand for advanced autonomous mining equipment.

“RoW to be the fastest-growing market for mining automation equipment during the forecast period”

The mining automation market in RoW (Congo, South Africa, Iran, and Kazakhstan) is expected to grow at the highest CAGR between 2017 and 2023. The region’s emergence as a preferred mining hub owing to its rich mineral reserves offers attractive opportunities for the mining companies. Highly undeveloped mining sector with mineral deposits scattered across vast geographical landscape presents a huge potential for the mining automation market in RoW.

The break-up of the profiles of primary participants for the report has been given below.

• By Company Type: Tier 1 – 55%, Tier 2 – 30%, and Tier 3 – 15%

• By Designation: C-Level – 53%, D Level – 26%, and Others – 21%

• By Region: Americas – 40%, Europe – 20%, Asia Pacific – 35%, and RoW – 5%

Key players operating in the mining automation market include Autonomous Solutions Inc. (US), Atlas Copco (Sweden), Caterpillar (US), Hitachi (Japan), Hexagon (Sweden), Komatsu (Japan), RPMGlobal (Australia), Sandvik (Sweden), Trimble (US), Fluidmesh Networks (US), Mine Site Technologies (Australia), and Symboticware (Canada).

Research Coverage:

The research report on the mining automation market covers different segments based on technique, type, workflow, and region. Based on technique, the market has been segmented into underground mining and surface mining techniques. On the basis of type, the mining automation market has been classified into equipment, software, and communications system. Based on workflow, the market has been segmented into mining processes, mine maintenance, and mine development. Based on region, the market has been classified into 5 major regions, namely, North America, South America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:

Illustrative segmentation, analysis, and forecast for the market based on technique, type, workflow, and region have been conducted to offer an overall view of the mining automation market.

The value chain analysis has been performed to provide an in-depth insight into the mining automation market.

The report provides a detailed overview of major drivers, restraints, opportunities, and challenges influencing the growth of the mining automation market.

The report also includes competitive landscape, along with in-depth analysis and revenue of key players.

Table of Contents
for Mining Automation Market by Technique, Type (Equipment, Software, Communications System), Equipment (Autonomous Hauling/Mining Trucks, Autonomous Drilling Rigs, Underground LHD Loaders, Tunneling Equipment) and Region - Global Forecast to 2023

  • TABLE OF CONTENTS

    1 INTRODUCTION 14

    1.1 STUDY OBJECTIVES 14

    1.2 DEFINITION 14

    1.3 STUDY SCOPE 15

    1.3.1 MARKETS COVERED 15

    1.3.2 YEARS CONSIDERED FOR THE STUDY 15

    1.4 CURRENCY 16

    1.5 LIMITATIONS 16

    1.6 STAKEHOLDERS 16

    2 RESEARCH METHODOLOGY 17

    2.1 RESEARCH DATA 17

    2.1.1 SECONDARY DATA 18

    2.1.1.1 Key data from secondary sources 18

    2.1.2 PRIMARY DATA 19

    2.1.2.1 Key data from primary sources 19

    2.2 SECONDARY AND PRIMARY RESEARCH 20

    2.2.1.1 Key industry insights 21

    2.2.1.2 Breakdown of primaries 21

    2.3 MARKET SIZE ESTIMATION 22

    2.3.1 BOTTOM-UP APPROACH 22

    2.3.1.1 Approach for arriving at the market share by bottom-up analysis (demand side) 22

    2.3.2 TOP-DOWN APPROACH 23

    2.3.2.1 Approach for capturing the market share by top-down analysis (supply side) 23

    2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 25

    2.5 RESEARCH ASSUMPTIONS 26

    3 EXECUTIVE SUMMARY 27

    4 PREMIUM INSIGHTS 33

    4.1 ATTRACTIVE OPPORTUNITIES IN THE MINING AUTOMATION MARKET 33

    4.2 MINING AUTOMATION MARKET, BY MINING PROCESS WORKFLOW 34

    4.3 MINING AUTOMATION MARKET IN ASIA PACIFIC, BY TYPE 35

    4.4 MINING AUTOMATION MARKET, BY WORKFLOW 36

    4.5 MINING AUTOMATION MARKET IN ASIA PACIFIC, BY WORKFLOW AND COUNTRY 37

    4.6 KEY REGIONS TO INVEST IN THE MINING AUTOMATION MARKET 38

    4.7 MINING AUTOMATION MARKET, BY COUNTRIES 39

    5 MARKET OVERVIEW 40

    5.1 INTRODUCTION 40

    5.2 MARKET DYNAMICS 41

    5.2.1 DRIVERS 42

    5.2.1.1 Increasing need for worker safety 42

    5.2.1.2 Growing requirement for improving productivity 42

    5.2.1.3 Reduction in operating costs 42

    5.2.2 RESTRAINTS 43

    5.2.2.1 Depletion of natural resources 43

    5.2.3 OPPORTUNITIES 43

    5.2.3.1 Growing digitization in mining operations 43

    5.2.3.2 Evolution of smart connected mines 43

    5.2.4 CHALLENGES 44

    5.2.4.1 Integrating information technology with operational technology 44

    5.2.4.2 Lack of skilled personnel to operate automated mining equipment 44

    5.3 VALUE CHAIN ANALYSIS 45

    5.4 SAFETY REGULATIONS AND STANDARDS RELATED TO MINE SAFETY 47

    6 MINING AUTOMATION MARKET, BY TECHNIQUE 48

    6.1 INTRODUCTION 49

    6.2 SURFACE MINING TECHNIQUE 49

    6.3 UNDERGROUND MINING TECHNIQUE 49

    7 MINING AUTOMATION MARKET, BY WORKFLOW 51

    7.1 INTRODUCTION 52

    7.2 MINE DEVELOPMENT 53

    7.2.1 TUNNEL BORING 54

    7.2.2 CONSTRUCTION OF ACCESS ROADS 54

    7.2.3 SITE PREPARATION AND CLEARING 54

    7.3 MINING PROCESS 55

    7.3.1 AUTONOMOUS HAULAGE 56

    7.3.2 AUTOMATED DRILLING 56

    7.4 MINE MAINTENANCE 57

    7.4.1 HVAC 57

    7.4.2 MINE DEWATERING 57

    8 MINING AUTOMATION MARKET, BY TYPE 59

    8.1 INTRODUCTION 60

    8.2 EQUIPMENT 61

    8.2.1 AUTONOMOUS HAULING/MINING TRUCK 63

    8.2.2 AUTONOMOUS DRILLING RIG 63

    8.2.3 UNDERGROUND LHD LOADER 63

    8.2.3.1 Automation solutions for underground LHD loaders 63

    8.2.4 TUNNELLING EQUIPMENT 64

    8.2.5 SMART VENTILATIONS SYSTEM 64

    8.2.6 PUMPING STATIONS 64

    8.2.7 OTHERS 64

    8.2.7.1 Hybrid shovels 64

    8.2.7.2 Total stations 65

    8.3 SOFTWARE 66

    8.3.1 WORKFORCE MANAGEMENT 68

    8.3.2 PROXIMITY DETECTION AND COLLISION AVOIDANCE SYSTEM 68

    8.3.3 AIR QUALITY AND TEMPERATURE MONITORING SYSTEM 68

    8.3.4 FLEET MANAGEMENT 69

    8.3.5 REMOTE OPERATING AND MONITORING 69

    8.3.6 DATA MANAGEMENT 69

    8.3.7 OTHERS 69

    8.3.7.1 Asset tracking solution 69

    8.3.7.2 Payload monitoring 69

    8.4 COMMUNICATIONS SYSTEM 70

    8.4.1 WIRELESS MESH NETWORKS 70

    8.4.2 NAVIGATION SYSTEM 70

    8.4.3 RADIO-FREQUENCY IDENTIFICATION (RFID)TAG 70

    9 GEOGRAPHIC ANALYSIS 72

    9.1 INTRODUCTION 73

    9.2 NORTH AMERICA 75

    9.2.1 US 77

    9.2.2 CANADA 77

    9.2.3 MEXICO 78

    9.3 SOUTH AMERICA 78

    9.3.1 BOLIVIA 79

    9.3.2 PERU 80

    9.3.3 CHILE 80

    9.4 EUROPE 81

    9.4.1 RUSSIA 83

    9.4.2 SWEDEN 83

    9.4.3 OTHERS 84

    9.5 ASIA PACIFIC 85

    9.5.1 AUSTRALIA 87

    9.5.2 CHINA 87

    9.5.3 INDIA 88

    9.5.4 OTHERS 88

    9.6 ROW 88

    9.6.1 CONGO 90

    9.6.2 SOUTH AFRICA 90

    9.6.3 OTHERS 91

    10 COMPETITIVE LANDSCAPE 92

    10.1 OVERVIEW 92

    10.2 RANKING ANALYSIS 93

    10.3 COMPETITIVE SITUATIONS AND TRENDS 94

    10.3.1 PRODUCT LAUNCHES 95

    10.3.2 AGREEMENTS, CONTRACTS, COLLABORATIONS, AND PARTNERSHIPS 96

    10.3.3 ACQUISITIONS 97

    10.3.4 EXPANSIONS 98

    11 COMPANY PROFILES 99

    (Business Overview, Products, Technologies, and Services Offered, Strength of Product Portfolio, Business Strategy Excellence & Recent Developments)*

    11.1 CATERPILLAR 99

    11.2 KOMATSU 103

    11.3 SANDVIK 107

    11.4 ATLAS COPCO 110

    11.5 HEXAGON 114

    11.6 HITACHI 117

    11.7 RPMGLOBAL 120

    11.8 TRIMBLE 123

    11.9 AUTONOMOUS SOLUTIONS INC. 126

    11.10 FLUIDMESH NETWORKS 128

    11.11 MST GLOBAL 130

    11.12 SYMBOTICWARE 133

    11.13 KEY INNOVATORS 136

    11.13.1 VOLVO GROUP 136

    11.13.2 MICROMINE 136

    11.13.3 REMOTE CONTROL TECHNOLOGIES 137

    *Details on Business Overview, Products, Technologies, and Services Offered, Strength of Product Portfolio, Business Strategy Excellence & Recent Developments might not be captured in case of unlisted companies.

    12 APPENDIX 138

    12.1 INSIGHTS OF INDUSTRY EXPERTS 138

    12.2 DISCUSSION GUIDE 139

    12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 141

    12.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 143

    12.5 AVAILABLE CUSTOMIZATIONS 145

    12.6 RELATED REPORTS 145

    12.7 AUTHOR DETAILS 146

List Of Tables
in Mining Automation Market by Technique, Type, Equipment and Region - Global Forecast to 2023

LIST OF TABLES


TABLE 1 MINING AUTOMATION MARKET, BY TECHNIQUE, 2014–2023 (USD MILLION) 50

TABLE 2 MINING AUTOMATION MARKET, BY WORKFLOW, 2014–2023 (USD MILLION) 52

TABLE 3 MINING WORKFLOW MARKET, BY MINE DEVELOPMENT,

2014–2023 (USD MILLION) 53

TABLE 4 MINE DEVELOPMENT MARKET, BY REGION, 2014–2023 (USD MILLION) 53

TABLE 5 MINING WORKFLOW MARKET, BY MINING PROCESS, 2014–2023 (USD MILLION) 55

TABLE 6 MINING PROCESS MARKET, BY REGION, 2014–2023 (USD MILLION) 56

TABLE 7 MINING WORKFLOW MARKET, BY MINE MAINTENANCE,

2014–2023 (USD MILLION) 57

TABLE 8 MINE MAINTENANCE MARKET, BY REGION, 2014–2023 (USD MILLION) 58

TABLE 9 MINING AUTOMATION MARKET, BY TYPE, 2014–2023 (USD MILLION) 60

TABLE 10 MINING AUTOMATION MARKET, BY EQUIPMENT, 2014–2023 (USD MILLION) 61

TABLE 11 MINING AUTOMATION MARKET, BY EQUIPMENT, 2014–2023 (UNITS) 62

TABLE 12 MINING AUTOMATION MARKET FOR EQUIPMENT, BY REGION,

2014–2023 (USD MILLION) 65

TABLE 13 MINING AUTOMATION MARKET, BY SOFTWARE, 2014–2023 (USD MILLION) 66

TABLE 14 MINING AUTOMATION MARKET FOR SOFTWARE, BY REGION,

2014–2023 (USD MILLION) 67

TABLE 15 MINING AUTOMATION MARKET, BY COMMUNICATIONS SYSTEM,

2014–2023 (USD MILLION) 70

TABLE 16 MINING AUTOMATION MARKET FOR COMMUNICATIONS SYSTEM, BY REGION, 2014–2023 (USD MILLION) 71

TABLE 17 MINING AUTOMATION MARKET, BY REGION, 2014–2023 (USD MILLION) 74

TABLE 18 MINING AUTOMATION MARKET IN NORTH AMERICA, BY COUNTRY,

2014–2023 (USD MILLION) 76

TABLE 19 MINING AUTOMATION MARKET IN NORTH AMERICA, BY TYPE,

2014–2023 (USD MILLION) 76

TABLE 20 MINING AUTOMATION MARKET IN NORTH AMERICA, BY WORKFLOW,

2014–2023 (USD MILLION) 76

TABLE 21 MINING AUTOMATION MARKET IN SOUTH AMERICA, BY COUNTRY,

2014–2023 (USD MILLION) 78

TABLE 22 MINING AUTOMATION MARKET IN SOUTH AMERICA, BY TYPE,

2014–2023 (USD MILLION) 79

TABLE 23 MINING AUTOMATION MARKET IN SOUTH AMERICA, BY WORKFLOW,

2014–2023 (USD MILLION) 79

TABLE 24 MINING AUTOMATION MARKET IN EUROPE, BY COUNTRY,

2014–2023 (USD MILLION) 82

TABLE 25 MINING AUTOMATION MARKET IN EUROPE, BY TYPE, 2014–2023 (USD MILLION) 83

TABLE 26 MINING AUTOMATION MARKET IN EUROPE, BY WORKFLOW,

2014–2023 (USD MILLION) 83

TABLE 27 MINING AUTOMATION MARKET IN APAC, BY COUNTRY, 2014–2023 (USD MILLION) 86

TABLE 28 MINING AUTOMATION MARKET IN APAC, BY TYPE, 2014–2023 (USD MILLION) 86

TABLE 29 MINING AUTOMATION MARKET IN APAC, BY WORKFLOW,

2014–2023 (USD MILLION) 87

TABLE 30 MINING AUTOMATION MARKET IN ROW, BY COUNTRY, 2014–2023 (USD MILLION) 89

TABLE 31 MINING AUTOMATION MARKET IN ROW, BY TYPE, 2014–2023 (USD MILLION) 90

TABLE 32 MINING AUTOMATION MARKET IN ROW, BY WORKFLOW,

2014–2023 (USD MILLION) 90

TABLE 33 RANKING OF TOP 5 PLAYERS IN THE MINING AUTOMATION MARKET, 2016 93

TABLE 34 PRODUCT LAUNCHES, 2015–2017 95

TABLE 35 AGREEMENTS, CONTRACTS, COLLABORATIONS, AND PARTNERSHIPS, 2015–2017 96

TABLE 36 ACQUISITIONS, 2016–2017 97

TABLE 37 EXPANSIONS, 2017 98

List Of Figures, Charts and Diagrams
in Mining Automation Market by Technique, Type, Equipment and Region - Global Forecast to 2023

LIST OF FIGURES


FIGURE 1 MINING AUTOMATION MARKET SEGMENTATION 15

FIGURE 2 MINING AUTOMATION MARKET: RESEARCH DESIGN 17

FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 23

FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 24

FIGURE 5 DATA TRIANGULATION 25

FIGURE 6 ASSUMPTION FOR THE RESEARCH STUDY 26

FIGURE 7 MINING AUTOMATION MARKET SEGMENTATION 27

FIGURE 8 UNDERGROUND MINING TECHNIQUE EXPECTED TO HOLD A LARGER SIZE OF

THE MINING AUTOMATION MARKET IN 2017 28

FIGURE 9 MARKET FOR COMMUNICATIONS SYSTEMS EXPECTED TO GROW AT

THE HIGHEST CAGR DURING THE FORECAST PERIOD 29

FIGURE 10 REMOTE OPERATING AND MONITORING SOFTWARE EXPECTED TO HOLD LARGEST MARKET SIZE BETWEEN 2017 AND 2023 30

FIGURE 11 MARKET FOR OTHER AUTOMATED EQUIPMENT EXPECTED TO GROW AT

THE HIGHEST CAGR BETWEEN 2017 AND 2023 31

FIGURE 12 APAC EXPECTED TO THE HOLD THE LARGEST SHARE OF THE MINING AUTOMATION MARKET IN 2017 32

FIGURE 13 REDUCTION IN OPERATING COSTS EXPECTED TO DRIVE THE MINING AUTOMATION 33

FIGURE 14 MARKET FOR AUTOMATED DRILLING EXPECTED TO GROW AT A HIGHER CAGR BETWEEN 2017 AND 2023 34

FIGURE 15 MARKET FOR COMMUNICATIONS SYSTEMS ESTIMATED TO GROW AT

THE HIGHEST CAGR BETWEEN 2017 AND 2023 35

FIGURE 16 MINING PROCESSES EXPECTED TO HOLD A MAJOR MARKET SHARE IN 2017 36

FIGURE 17 MINING PROCESSES EXPECTED TO HOLD THE LARGEST MARKET SHARE OF

THE MINING AUTOMATION MARKET IN 2017 37

FIGURE 18 AUSTRALIA EXPECTED TO HOLD LARGEST SHARE OF THE MINING AUTOMATION MARKET IN 2017 39

FIGURE 19 DROC: MINING AUTOMATION MARKET, 2017 41

FIGURE 20 VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED DURING THE SYSTEM INTEGRATION STAGE, 2016 45

FIGURE 21 MARKET SEGMENTATION, BY MINING TECHNIQUE 49

FIGURE 22 UNDERGROUND MINING TECHNIQUE EXPECTED TO DOMINATE

THE MINING AUTOMATION MARKET DURING 2017–2023 50

FIGURE 23 AUTONOMOUS HAULAGE SEGMENT EXPECTED TO HOLD A LARGER SIZE OF

THE MINING PROCESS MARKET IN 2017 55

FIGURE 24 ASIA PACIFIC EXPECTED TO LEAD THE MINING MAINTENANCE MARKET DURING THE FORECAST PERIOD 58

FIGURE 25 AUTONOMOUS HAULING TRUCKS TO HOLD THE LARGEST SIZE OF

THE MINING AUTOMATION MARKET BY 2023 62

FIGURE 26 ASIA PACIFIC EXPECTED TO LEAD THE MINING AUTOMATION MARKET FOR SOFTWARE DURING THE FORECAST PERIOD 67

FIGURE 27 MINING AUTOMATION MARKET IN INDIA EXPECTED TO GROW AT

THE HIGHEST CAGR DURING THE FORECAST PERIOD 73

FIGURE 28 SNAPSHOT OF THE MINING AUTOMATION MARKET IN NORTH AMERICA 75

FIGURE 29 MEXICO EXPECTED TO LEAD THE MINING AUTOMATION MARKET IN NORTH AMERICA DURING THE FORECAST PERIOD 77

FIGURE 30 SNAPSHOT OF THE MINING AUTOMATION MARKET IN EUROPE 81

FIGURE 31 RUSSIA EXPECTED TO HOLD THE LARGEST SIZE OF THE EUROPEAN MINING AUTOMATION MARKET BY 2023 82

FIGURE 32 SNAPSHOT OF THE MINING AUTOMATION MARKET IN APAC 85

FIGURE 33 MINING AUTOMATION MARKET IN ROW 88

FIGURE 34 MINING AUTOMATION MARKET IN CONGO EXPECTED TO GROW AT

THE HIGHEST CAGR DURING THE FORECAST PERIOD 89

FIGURE 35 KEY PLAYERS ADOPTED PRODUCT LAUNCHES AND ACQUISITIONS AS THE KEY GROWTH STRATEGIES BETWEEN 2015 AND 2017 92

FIGURE 36 MARKET EVOLUTION FRAMEWORK: PRODUCT LAUNCHES FUELLED

THE GROWTH OF THE MINING AUTOMATION MARKET (2015–2017) 94

FIGURE 37 BATTLE FOR MARKET SHARE: PRODUCT LAUNCHES WAS THE KEY STRATEGY ADOPTED BETWEEN 2015 AND 2017 95

FIGURE 38 CATERPILLAR: COMPANY SNAPSHOT 99

FIGURE 39 KOMATSU: COMPANY SNAPSHOT 103

FIGURE 40 SANDVIK: COMPANY SNAPSHOT 107

FIGURE 41 ATLAS COPCO: COMPANY SNAPSHOT 110

FIGURE 42 HEXAGON: COMPANY SNAPSHOT 114

FIGURE 43 HITACHI: COMPANY SNAPSHOT 117

FIGURE 44 RPMGLOBAL: COMPANY SNAPSHOT 120

FIGURE 45 TRIMBLE: COMPANY SNAPSHOT 123

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MarketsandMarkets

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136214 | SE 5658

Number of Pages

148

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