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According to the latest report by IMARC Group, the global connected mining market size grew at a CAGR of around 18% during 2015-2020. <br>Connected mining is an essential component of mining resource management and extraction. Its implementation is pertinent in speeding up the entire mining process with the assistance of workers while ensuring their safety at the highest level.
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Global Connected Mining Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Connected Mining Market Outlook 2026: According to the latest report by IMARC Group, titled "Connected Mining Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global connected mining market size grew at a CAGR of around 18% during 2015-2020. Connected mining is an essential component of mining resource management and extraction. Its implementation is pertinent in speeding up the entire mining process with the assistance of workers while ensuring their safety at the highest level. This design integrates surface and underground mining to provide improved solutions to manage various applications, which may include safety, dispatch, telemetry, voice and video across a reliable and secure network. This can be achieved by the usage of secure IP and multi-service networks, along with the aid of smart assets, logistics, control systems, remote management solutions, operational data processing and analytics, and safety and security systems. These solutions further result in significantly reduced production costs with real-time visibility of assets and optimum operating efficiency for an extended duration of time.
Report Description and Highlights Report Description Global Connected Mining Market Trends: The global market is primarily driven by considerable growth in the mining sector across the globe. Along with this, the integration of advanced technologies and the Internet of Things (IoT) in the industry has provided a boost to the overall functionality and efficiency of the sector while enhancing the cost-effectiveness of the entire process, which, in turn, is creating a positive outlook for the market. There has also been a rising demand for enhanced safety and security of mine workers on the global level. Since the deployment of connected mining solutions enables players to enhance their production capacities by allowing real-time monitoring and communications with integrated systems over a reliable connected network, this is providing an impetus to the market growth. The market is further driven by the incorporation of predictive maintenance with these solutions. This integration results in improved system reliability while offering on-site cost monitoring and utilization of resources via digital tail monitoring control tools. Request for a free sample report: https://www.imarcgroup.com/connected-mining- market/requestsample
Report Description and Highlights Report Description Predictive maintenance further assists in minimizing the overall cost of resource maintenance and improving the overall security solutions provided by in-ground sensors. Some of the other factors contributing to the market growth include the increasing employment of big data and cloud computing solutions in the mining sector and the launch of design flexible platforms and software that are anticipated to gain widespread prominence among the end users. Market Summary: Breakup by Solution Type: • Connected Assets and Logistics Solutions • Connected Control Solutions • Connected Safety and Security Solutions • Remote Management Solutions • Others Breakup by Mining Type: • Surface Mining • Underground Mining
Report Description and Highlights Report Description Breakup by Component: Equipments • • • • Software and Services • • • • Automated Mining Excavators Load Haul Dump Drillers and Breakers Others Data/Operations/Asset Management and Security Software Support and Maintenance Services System Integration and Deployment Services Others Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America On account of the aforementioned factors, the market is anticipated to witness strong growth during 2021-2026.
Report Description Report Description and Highlights Competitive Landscape With Keyplayer: • ABB Group • Accenture Plc • Alastri • Cisco Systems Inc. • Hexagon AB • Intellisense.Io • Rockwell Automation • SAP SE • Symboticware Inc. • Trimble Inc. View Report TOC, Figures and Tables: https://www.imarcgroup.com/connected-mining-market
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