Smart Mining Market Foreseen to Grow Exponentially by 2027

1. Smart Mining Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2026 ©2019 Transparency Market Research, All Rights Reserved

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3. Rising concerns about mining operation optimization and introduction of Internet of Things (IoT) solutions in mining has resulted in the mining industry beginning explorations in remote locations. • Uncertain commodity price environment has put tremendous pressure on demand and supply side of the mining industry. • Resource nationalization coupled with declining productivity and increasing operational cost have created a dire need for optimizing mining operations by increasing efficiencies to withstand the regulatory environment.  Global Smart Mining Market: Snapshot View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Automated Excavators to Lead with Largest Share in Global Market • The market has been segmented on the basis of automated equipment, hardware component, software solution, services, and geography. • Based on automated equipment, the market has been segmented into excavators, load haul dump, drillers & breakers, robotic truck, and other automated equipment. • The automated excavators segment held the largest share of around 30% of the smart mining market in 2016. • In terms of hardware component, the market has been segmented into sensors, RFID tags, intelligent systems, and others. Intelligent electronic systems for smart mining accounted for the largest share of the smart mining market in 2016.

5. Improved Safety Measures Ups Demand for Smart Mining Equipment The global smart mining market has been witnessing a soaring rise in the past few years as the demand for resources has remained high. Smart mining equipment has been developed for putting the concerns pertaining mining operations at ease. The global mining industry are tremendously benefitted with advent and uptake of Internet of Things. Automated excavators, load haul dumps, drillers and beakers, and robotic truck have made mining and exploration activities safer in remote locations.  ©2019 Transparency Market Research, All Rights Reserved

6. Key players in the smart mining market  Rockwell Automation, Inc. SAP SE Trimble Navigation Limited HEXAGON STONE THREE MINING PTY LTD SYMBOTICWARE INC ©2019 Transparency Market Research, All Rights Reserved

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