Mining Automation Market by Equipment (Autonomous Hauling/Mining Trucks, Autonomous Drilling Rigs, Underground LHD Loaders, Tunneling Equipment, Smart Ventilation Systems), Technique (Underground, Surface), Workflow, Region - Global Forecast to 2029
The global mining automation market size is expected to grow from USD 3.6 billion in 2024 to USD 5.1 billion by 2029, at a CAGR of 7.2% from 2024 to 2029. There's a growing interest in mining automation in recent years for several reasons. Technologies like machine learning, robotics, and data analytics enable mining companies to automate processes, cut costs, and improve safety. Using remote-controlled or autonomous mining trucks and equipment helps avoid accidents by keeping humans away from risky tasks. Moreover, autonomous mining equipment optimizes operations, cutting fuel consumption and minimizing waste, which lowers costs. This focus on automation aligns with sustainable resource extraction, contributing to the expected significant growth of the global mining automation market in the coming years.
“Equipment offering segment is projected to grow at significant CAGR during the forecast period.”
The equipment offered in the global mining automation market includes autonomous hauling/mining trucks, drilling rigs, LHD loaders, tunneling equipment, smart ventilation systems, pumping stations, and others (hybrid shovels, total stations, mining dozers, wheel loaders, and mining excavators). Addressing workplace safety concerns, increased R&D investment, and technological advancements result in unmanned or autonomous equipment development, reducing hazardous incidents and boosting efficiency. Integrating innovative equipment enables mining companies to substantially cut operating costs by minimizing downtime and enhancing asset utilization.
" Mine development workflow segment is projected to grow at an impressive CAGR during the forecast period.”
Mine development encompasses constructing the mining facility and supporting infrastructure. Upon completion of the exploration phase, where concentrated mineral deposits are identified for commercial viability, the mine development stage commences. This involves comprehensive site clearing to create accessibility for both machinery and human operations. Clearing the site lays the foundation for subsequent crucial processes in the mining operation.
"The market in Europe is expected to grow at an impressive CAGR during the forecast period."
The European mining industry extracts diverse metals and minerals from widespread ores, with key deposits comprising copper, lead, silver, and zinc. The European mining sector attracts investment due to advanced infrastructure, skilled labor, and stable policies. While it contributes a small share of GDP, it plays a significant role in global product production. The region's mining activities offer substantial potential for deploying advanced mining automation technologies.
Breakdown of the profiles of primary participants:
Research Coverage
The mining automation market has been classified by offerings, technique, and workflow. The market for offerings has been classified into equipment, software, and communication systems. The equipment subsegment includes autonomous hauling/mining trucks, autonomous drilling rigs, underground LHD loaders, tunneling equipment, smart ventilation systems, pumping stations, and others. Further, the software subsegment includes workforce management systems, proximity detection and collision avoidance systems, air quality and temperature monitoring systems, fleet management systems, remote operating and monitoring systems, and data management solutions. The communication system offering segment includes wireless mesh networks, navigation systems, and radio-frequency identification (RFID) tags. The market by technique has been classified into surface mining and underground mining. The market by workflow has been classified into mine development, mining process, and mine maintenance. The study also forecasts the market size in four key regions—North America, Europe, Asia Pacific, and RoW.
Key Benefits of Buying the Report:
The report provides insights on the following pointers:
Market Development: Comprehensive information about lucrative markets – the report analyses the mining automation market across regions such as North America, Europe, Asia Pacific, and RoW.
Market Diversification: Exhaustive information about new products & technologies, untapped geographies, recent developments, and investments in the mining automation market
Competitive Assessment: In-depth assessment of the market position, growth strategies, and product offerings of leading players like Caterpillar (US), Komatsu Ltd. (Japan), Sandvik AB (Sweden), Epiroc AB (Sweden), and Hitachi Construction Machinery Co., Ltd. (Japan) and among others in the mining automation market
Strategies: The report also helps stakeholders understand the pulse of the mining automation market and provides information on key market drivers, restraints, challenges, and opportunities.
“Equipment offering segment is projected to grow at significant CAGR during the forecast period.”
The equipment offered in the global mining automation market includes autonomous hauling/mining trucks, drilling rigs, LHD loaders, tunneling equipment, smart ventilation systems, pumping stations, and others (hybrid shovels, total stations, mining dozers, wheel loaders, and mining excavators). Addressing workplace safety concerns, increased R&D investment, and technological advancements result in unmanned or autonomous equipment development, reducing hazardous incidents and boosting efficiency. Integrating innovative equipment enables mining companies to substantially cut operating costs by minimizing downtime and enhancing asset utilization.
" Mine development workflow segment is projected to grow at an impressive CAGR during the forecast period.”
Mine development encompasses constructing the mining facility and supporting infrastructure. Upon completion of the exploration phase, where concentrated mineral deposits are identified for commercial viability, the mine development stage commences. This involves comprehensive site clearing to create accessibility for both machinery and human operations. Clearing the site lays the foundation for subsequent crucial processes in the mining operation.
"The market in Europe is expected to grow at an impressive CAGR during the forecast period."
The European mining industry extracts diverse metals and minerals from widespread ores, with key deposits comprising copper, lead, silver, and zinc. The European mining sector attracts investment due to advanced infrastructure, skilled labor, and stable policies. While it contributes a small share of GDP, it plays a significant role in global product production. The region's mining activities offer substantial potential for deploying advanced mining automation technologies.
Breakdown of the profiles of primary participants:
- By Company Type: Tier 1 - 40%, Tier 2 - 35%, and Tier 3 - 25%
- By Designation: C-level Executives - 45%, Directors - 30%, and Others - 25%
- By Region: North America - 35%, Europe - 30%, Asia Pacific - 25%, and RoW – 10%
Research Coverage
The mining automation market has been classified by offerings, technique, and workflow. The market for offerings has been classified into equipment, software, and communication systems. The equipment subsegment includes autonomous hauling/mining trucks, autonomous drilling rigs, underground LHD loaders, tunneling equipment, smart ventilation systems, pumping stations, and others. Further, the software subsegment includes workforce management systems, proximity detection and collision avoidance systems, air quality and temperature monitoring systems, fleet management systems, remote operating and monitoring systems, and data management solutions. The communication system offering segment includes wireless mesh networks, navigation systems, and radio-frequency identification (RFID) tags. The market by technique has been classified into surface mining and underground mining. The market by workflow has been classified into mine development, mining process, and mine maintenance. The study also forecasts the market size in four key regions—North America, Europe, Asia Pacific, and RoW.
Key Benefits of Buying the Report:
The report provides insights on the following pointers:
- Analysis of critical drivers ( The need of increasing safety and productivity in the mines, Growing emphasis on reducing operating costs, and Rising demand for fleet management systems) restraints ( Rise in exhaustion of natural resources, Impact on GDP of host countries), opportunities ( Rising adoption of digitalization in global mining industry, Increasing significance of smart connected mines, Battery industry presenting opportunities for the market) and challenges ( Integrating mining technologies and convergence challenges, Environmental impacts and rising global protests by local communities, Absence of skilled personnel to operate automated mining equipment) influencing the growth of the mining automation market
Market Development: Comprehensive information about lucrative markets – the report analyses the mining automation market across regions such as North America, Europe, Asia Pacific, and RoW.
Market Diversification: Exhaustive information about new products & technologies, untapped geographies, recent developments, and investments in the mining automation market
Competitive Assessment: In-depth assessment of the market position, growth strategies, and product offerings of leading players like Caterpillar (US), Komatsu Ltd. (Japan), Sandvik AB (Sweden), Epiroc AB (Sweden), and Hitachi Construction Machinery Co., Ltd. (Japan) and among others in the mining automation market
Strategies: The report also helps stakeholders understand the pulse of the mining automation market and provides information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MINING AUTOMATION MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.3.4 INCLUSIONS AND EXCLUSIONS
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 MINING AUTOMATION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 MINING AUTOMATION MARKET: RESEARCH APPROACH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 List of participants and key opinion leaders in primary interviews
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up approach (demand side)
FIGURE 4 MINING AUTOMATION MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis
(supply side)
FIGURE 5 MINING AUTOMATION MARKET: TOP-DOWN APPROACH
FIGURE 6 MINING AUTOMATION MARKET: MARKET SIZE ESTIMATION METHODOLOGY
2.3 DATA TRIANGULATION
FIGURE 7 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 8 RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
2.6 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON MINING AUTOMATION MARKET
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 9 MINING AUTOMATION MARKET, 2020–2029 (USD MILLION)
FIGURE 10 UNDERGROUND MINING TECHNIQUE TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
FIGURE 11 EQUIPMENT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029
FIGURE 12 MINE DEVELOPMENT SEGMENT TO REGISTER HIGHEST CAGR IN MINING AUTOMATION MARKET DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC HELD LARGEST SHARE OF MINING AUTOMATION MARKET IN 2023
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MINING AUTOMATION MARKET
FIGURE 14 STRONG FOCUS ON ENHANCING WORKER SAFETY AND IMPROVING PRODUCTIVITY TO DRIVE MINING AUTOMATION MARKET
4.2 MINING AUTOMATION MARKET, BY OFFERING
FIGURE 15 EQUIPMENT SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2029
4.3 MINING AUTOMATION MARKET, BY WORKFLOW
FIGURE 16 MINE DEVELOPMENT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
4.4 MINING AUTOMATION MARKET IN NORTH AMERICA, BY OFFERING AND COUNTRY
FIGURE 17 EQUIPMENT SEGMENT AND US TO HOLD LARGEST SHARES OF NORTH AMERICAN MINING AUTOMATION MARKET IN 2029
4.5 MINING AUTOMATION MARKET, BY GEOGRAPHY
FIGURE 18 CHINA TO RECORD HIGHEST CAGR IN OVERALL MINING AUTOMATION MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 MINING AUTOMATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increased need for safety and productivity in mines
5.2.1.2 Greater focus of mining companies on reducing operating costs
5.2.1.3 Significant demand for fleet management systems by mining companies
FIGURE 20 ANALYSIS OF IMPACT OF DRIVERS ON MINING AUTOMATION MARKET
5.2.2 RESTRAINTS
5.2.2.1 Depletion of natural resources
5.2.2.2 Impact on GDP of host countries and prevailing perception of automation as threat to jobs
FIGURE 21 ANALYSIS OF IMPACT OF RESTRAINTS ON MINING AUTOMATION MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Rising adoption of digital technologies in mining industry
5.2.3.2 Increasing significance of smart connected mines
5.2.3.3 Thriving battery industry with exploration of new lithium and battery material deposits
FIGURE 22 ANALYSIS OF IMPACT OF OPPORTUNITIES ON MINING AUTOMATION MARKET
5.2.4 CHALLENGES
5.2.4.1 Difficulties associated with convergence of mining technologies
5.2.4.2 Rising global protests and environmental concerns for ecological impact of mining automation
5.2.4.3 Shortage of skilled personnel to operate automated mining equipment
FIGURE 23 ANALYSIS OF IMPACT OF CHALLENGES ON MINING AUTOMATION MARKET
5.3 VALUE CHAIN ANALYSIS
FIGURE 24 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 25 MINING AUTOMATION ECOSYSTEM
TABLE 1 ROLE OF KEY COMPANIES IN ECOSYSTEM
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE TREND FOR AUTONOMOUS HAULAGE/ MINING TRUCKS
FIGURE 26 AVERAGE SELLING PRICE TREND FOR AUTONOMOUS HAULAGE/MINING TRUCKS, 2020–2029
5.5.2 AVERAGE SELLING PRICE OF AUTONOMOUS HAULAGE/MINING TRUCKS PROVIDED BY KEY PLAYERS
FIGURE 27 AVERAGE SELLING PRICE OF AUTONOMOUS HAULAGE/MINING TRUCKS OFFERED BY KEY PLAYERS
TABLE 2 AVERAGE SELLING PRICE OF AUTONOMOUS HAULAGE/MINING TRUCKS OFFERED BY KEY PLAYERS (USD MILLION)
TABLE 3 AVERAGE SELLING PRICE TREND OF MINING AUTOMATION EQUIPMENT (USD MILLION)
5.5.3 AVERAGE SELLING PRICE TREND OF AUTONOMOUS HAULAGE/MINING TRUCKS, BY REGION
TABLE 4 AVERAGE SELLING PRICE TREND OF MINING AUTOMATION, BY REGION (USD MILLION)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 28 TRENDS INFLUENCING MINING AUTOMATION MARKET GROWTH
5.7 TECHNOLOGY ANALYSIS
5.7.1 ARTIFICIAL INTELLIGENCE (AI)
5.7.2 DIGITAL TWIN
5.7.3 INTERNET OF THINGS (IOT)
5.7.4 SATCOM
5.7.5 CLOUD COMPUTING
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 IMPACT OF PORTER’S FIVE FORCES ON MINING AUTOMATION MARKET
FIGURE 29 MINING AUTOMATION MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWER OF SUPPLIERS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY OFFERING
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY OFFERING (%)
5.9.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA, BY OFFERING
TABLE 7 KEY BUYING CRITERIA, BY OFFERING
5.10 CASE STUDY ANALYSIS
5.10.1 USE OF ROCKWELL AUTOMATION’S CONTROL SYSTEM AND VISUALIZATION SOLUTIONS IN ARRIUM’S IRON KNOB MINE TO REDUCE OPERATIONAL COSTS AND MINIMIZE DOWNTIME
5.10.2 IMPLEMENTATION OF KOMATSU’S AHS AT SWEDISH COPPER MINE BY BOLIDEN TO ENHANCE PRODUCTIVITY AND SAFETY
5.10.3 DEPLOYMENT OF ROCKWELL AUTOMATION’S FACTORYTALK SUITE AT AMRUN BAUXITE MINE BY RIO TINTO TO IMPROVE TRANSPARENCY IN MINING OPERATIONS
5.10.4 ADOPTION OF SANDVIK AB’S MINING EQUIPMENT IN VELADERO GOLD MINE BY BARRICK GOLD TO REMAIN PRODUCTIVE IN HARSH ENVIRONMENT
5.10.5 UTILIZATION OF CATERPILLAR’S AUTONOMOUS DRILLS AND TRUCKS AT GUDAI-DARRI MINE BY RIO TINTO TO CREATE CONNECTED VALUE CHAIN
5.10.6 IMPLEMENTATION OF HEXAGON AB PRODUCTS BY RUSTENBURG PLATINUM (ANGLO AMERICAN PLATINUM) MINES LIMITED TO STREAMLINE OPERATIONS
5.10.7 ADOPTION OF KOMATSU'S SOLUTION BY ESEMIN AT EI SANTO MINING SITE TO ACHIEVE CUSTOMIZED FINANCING AND TECHNICAL SUPPORT
5.11 TRADE ANALYSIS
FIGURE 32 IMPORT DATA FOR HS CODE 8429-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 33 EXPORT DATA FOR HS CODE 8429-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
5.12 PATENT ANALYSIS
FIGURE 34 TOP 10 COMPANIES WITH SUBSTANTIAL NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 8 US: TOP 20 PATENT OWNERS IN LAST 10 YEARS
FIGURE 35 NO. OF PATENTS GRANTED PER YEAR FROM 2013 TO 2022
TABLE 9 MINING AUTOMATION MARKET: LIST OF PATENTS, 2023
5.13 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 10 MINING AUTOMATION MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
5.14 TARIFFS, REGULATORY LANDSCAPE, AND STANDARDS
5.14.1 COUNTRY-WISE TARIFF FOR HS CODE 8429-COMPLIANT PRODUCTS
TABLE 11 TARIFF RATES APPLIED BY DIFFERENT COUNTRIES ON IMPORTED GOODS (%)
5.14.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.3 STANDARDS
TABLE 16 MAJOR STANDARDS FOR MINING MACHINERY
6 MINING AUTOMATION MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 36 MINING AUTOMATION MARKET, BY OFFERING
TABLE 17 MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 18 MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
FIGURE 37 COMMUNICATION SYSTEMS TO EXHIBIT HIGHEST CAGR IN MINING AUTOMATION MARKET, BY OFFERING, DURING FORECAST PERIOD
6.2 EQUIPMENT
FIGURE 38 MINING AUTOMATION MARKET, BY EQUIPMENT
TABLE 19 MINING AUTOMATION MARKET, BY EQUIPMENT, 2020–2023 (USD MILLION)
TABLE 20 MINING AUTOMATION MARKET, BY EQUIPMENT, 2024–2029 (USD MILLION)
TABLE 21 EQUIPMENT: MINING AUTOMATION MARKET, 2020–2023 (UNITS)
TABLE 22 EQUIPMENT: MINING AUTOMATION MARKET, 2024–2029 (UNITS)
TABLE 23 EQUIPMENT: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 24 EQUIPMENT: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
TABLE 25 EQUIPMENT: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 26 EQUIPMENT: MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.1 AUTONOMOUS HAULING/MINING TRUCKS
6.2.1.1 Focus on increasing productivity at mine sites to boost adoption of autonomous hauling mining trucks
6.2.2 AUTONOMOUS DRILLING RIGS
6.2.2.1 Emphasis on drilling more holes in less time with greater accuracy to accelerate segmental growth
6.2.3 UNDERGROUND LHD LOADERS
6.2.3.1 Growing focus on addressing underground mining challenges to foster demand for underground LHD loaders
6.2.4 TUNNELLING EQUIPMENT
6.2.4.1 Rising adoption of TBMs during tunneling process to increase mine efficiency and safety to support market growth
6.2.5 SMART VENTILATION SYSTEMS
6.2.5.1 High risk of gas leakage or explosion in underground mine sites to drive deployment of smart ventilation systems
6.2.6 PUMPING STATIONS
6.2.6.1 Need for effective water management at mining sites to facilitate implementation of automated pumping stations
6.2.7 OTHER EQUIPMENT
6.2.7.1 Hybrid shovels
6.2.7.2 Total stations
6.2.7.3 Mining dozers
6.2.7.4 Wheeled loaders
6.2.7.5 Mining excavators
6.3 SOFTWARE
FIGURE 39 MINING AUTOMATION MARKET, BY SOFTWARE
TABLE 27 MINING AUTOMATION MARKET, BY SOFTWARE, 2020–2023 (USD MILLION)
TABLE 28 MINING AUTOMATION MARKET, BY SOFTWARE, 2024–2029 (USD MILLION)
TABLE 29 SOFTWARE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 30 SOFTWARE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
TABLE 31 SOFTWARE: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 32 SOFTWARE: MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.1 WORKFORCE MANAGEMENT
6.3.1.1 Need for shift planning and scheduling workforce activities to boost demand
6.3.2 PROXIMITY DETECTION & COLLISION AVOIDANCE
6.3.2.1 Need to mitigate risk of accidents and enhance overall safety in mining sites to accelerate demand
6.3.3 AIR QUALITY & TEMPERATURE MONITORING
6.3.3.1 Critical need to ensure health and safety of mine workers to boost demand
6.3.4 FLEET MANAGEMENT
6.3.4.1 Growing importance of remote monitoring of machine and vehicle fleets to boost demand
6.3.5 REMOTE OPERATING & MONITORING
6.3.5.1 Rising focus on efficient remote management of mining processes to boost demand
6.3.6 DATA MANAGEMENT
6.3.6.1 Generation of enormous data volumes from varied mining devices to create requirements for data management solutions
6.3.7 OTHER SOFTWARE SOLUTIONS
6.3.7.1 Asset tracking
6.3.7.2 Payload monitoring
6.4 COMMUNICATION SYSTEMS
FIGURE 40 MINING AUTOMATION MARKET, BY COMMUNICATION SYSTEM
TABLE 33 MINING AUTOMATION MARKET, BY COMMUNICATION SYSTEM, 2020–2023 (USD MILLION)
TABLE 34 MINING AUTOMATION MARKET, BY COMMUNICATION SYSTEM, 2024–2029 (USD MILLION)
TABLE 35 COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 36 COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
TABLE 37 COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 38 COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.1 WIRELESS MESH NETWORKS
6.4.1.1 Scalability, ruggedness, ease of installation, and low maintenance costs to support implementation of wireless mesh networks at mining sites
6.4.2 NAVIGATION SYSTEMS
6.4.2.1 Requirement for real-time information on autonomous vehicles at mining sites to drive market
6.4.3 RADIO-FREQUENCY IDENTIFICATION (RFID) TAGS
6.4.3.1 Necessity to track real-time location of mining equipment and workers to boost demand for RFID tags
7 MINING AUTOMATION MARKET, BY TECHNIQUE
7.1 INTRODUCTION
FIGURE 41 MINING AUTOMATION MARKET, BY TECHNIQUE
FIGURE 42 UNDERGROUND MINING TECHNIQUE TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
TABLE 39 MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 40 MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
7.2 UNDERGROUND MINING
7.2.1 RISING USE OF AUTOMATION IN UNDERGROUND MINING TO MITIGATE RISKS TO DRIVE MARKET
TABLE 41 UNDERGROUND MINING: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 42 UNDERGROUND MINING: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 43 UNDERGROUND MINING: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 44 UNDERGROUND MINING: MINING AUTOMATION MARKET: BY REGION, 2024–2029 (USD MILLION)
7.3 SURFACE MINING
7.3.1 INCREASING FOCUS ON COST-EFFICIENCY AND SAFE OPERATIONS TO BOOST DEMAND FOR AUTOMATION IN SURFACE MINING
TABLE 45 SURFACE MINING: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 46 SURFACE MINING: MINING AUTOMATION MARKET: BY OFFERING, 2024–2029 (USD MILLION)
TABLE 47 SURFACE MINING: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 48 SURFACE MINING: MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8 MINING AUTOMATION MARKET, BY WORKFLOW
8.1 INTRODUCTION
FIGURE 43 MINING AUTOMATION MARKET, BY WORKFLOW
FIGURE 44 MINE DEVELOPMENT SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 49 MINING AUTOMATION MARKET, BY WORKFLOW, 2020–2023 (USD MILLION)
TABLE 50 MINING AUTOMATION MARKET, BY WORKFLOW, 2024–2029 (USD MILLION)
8.2 MINING PROCESS
TABLE 51 MINING PROCESS: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2020–2023 (USD MILLION)
TABLE 52 MINING PROCESS: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2024–2029 (USD MILLION)
8.2.1 AUTONOMOUS HAULAGE
8.2.1.1 Strong focus on enhancing worker safety and productivity and reducing maintenance costs to fuel segmental growth
8.2.2 AUTOMATED DRILLING
8.2.2.1 Significant emphasis on reducing mine accidents to accelerate demand for automated drilling solutions
8.3 MINE MAINTENANCE
TABLE 53 MINE MAINTENANCE: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2020–2023 (USD MILLION)
TABLE 54 MINE MAINTENANCE: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2024–2029 (USD MILLION)
8.3.1 HVAC INSTALLATION AND MAINTENANCE
8.3.1.1 Installation of HVAC systems to improve ventilation at mine sites to increase need for maintenance services
8.3.2 MINE DEWATERING
8.3.2.1 Need to dispose of accumulated water at mine sites to fuel segmental growth
8.4 MINE DEVELOPMENT
TABLE 55 MINE DEVELOPMENT: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2020–2023 (USD MILLION)
TABLE 56 MINE DEVELOPMENT: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2024–2029 (USD MILLION)
8.4.1 TUNNEL BORING
8.4.1.1 Greater focus on exploring rich mineral reserves to foster requirement for TBMs
8.4.2 ACCESS ROAD CONSTRUCTION
8.4.2.1 Designing and planning of access roads to create need for automated tools
8.4.3 SITE PREPARATION & CLEARING
8.4.3.1 Rising use of modular technology during mine site construction to support market growth
9 MINING AUTOMATION MARKET, BY REGION
9.1 INTRODUCTION
9.1.1 IMPACT OF GEOPOLITICAL SITUATIONS ON MINING AUTOMATION MARKET
FIGURE 45 MINING AUTOMATION MARKET, BY REGION
FIGURE 46 CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL MINING AUTOMATION MARKET DURING FORECAST PERIOD
TABLE 57 MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 58 MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 47 NORTH AMERICA: MINING AUTOMATION MARKET SNAPSHOT
TABLE 59 NORTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 60 NORTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 61 NORTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 62 NORTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 63 NORTH AMERICA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 64 NORTH AMERICA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
FIGURE 48 US TO LEAD NORTH AMERICAN MARKET DURING FORECAST PERIOD
9.2.2 US
9.2.2.1 Enhanced productivity by automation in mines to drive market
TABLE 65 US: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 66 US: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.2.3 CANADA
9.2.3.1 Significant presence of metal- and non-metal producing mines to fuel market growth
TABLE 67 CANADA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 68 CANADA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.2.4 MEXICO
9.2.4.1 Strong government support and mining-friendly regulations to foster market growth
TABLE 69 MEXICO: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 70 MEXICO: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.3 EUROPE
9.3.1 EUROPE: RECESSION IMPACT
FIGURE 49 EUROPE: MINING AUTOMATION MARKET SNAPSHOT
FIGURE 50 TURKEY TO REGISTER HIGHEST CAGR IN EUROPEAN MINING AUTOMATION MARKET DURING FORECAST PERIOD
TABLE 71 EUROPE: MINING AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 72 EUROPE: MINING AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 73 EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 74 EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 75 EUROPE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 76 EUROPE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
9.3.2 TURKEY
9.3.2.1 Flourishing mining sector to boost automation
TABLE 77 TURKEY: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 78 TURKEY: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.3.3 SWEDEN
9.3.3.1 Increasing adoption of advanced and innovative automation technologies in mining projects to drive market
TABLE 79 SWEDEN: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 80 SWEDEN: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.3.4 REST OF EUROPE
TABLE 81 REST OF EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 82 REST OF EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 51 ASIA PACIFIC: MINING AUTOMATION MARKET SNAPSHOT
FIGURE 52 AUSTRALIA TO ACCOUNT FOR LARGEST SHARE OF MINING AUTOMATION MARKET IN ASIA PACIFIC DURING FORECAST PERIOD
TABLE 83 ASIA PACIFIC: MINING AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 84 ASIA PACIFIC: MINING AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 85 ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 86 ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 87 ASIA PACIFIC: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 88 ASIA PACIFIC: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
9.4.2 CHINA
9.4.2.1 Focus on modernization of mines to accelerate market growth
TABLE 89 CHINA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 90 CHINA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.4.3 INDIA
9.4.3.1 New deposit discoveries to fuel market growth
TABLE 91 INDIA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 92 INDIA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.4.4 AUSTRALIA
9.4.4.1 Government focus on automation of mines to drive market
TABLE 93 AUSTRALIA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 94 AUSTRALIA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.4.5 REST OF ASIA PACIFIC
TABLE 95 REST OF ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 96 REST OF ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.5 ROW
9.5.1 ROW: RECESSION IMPACT
FIGURE 53 MIDDLE EAST & AFRICA TO REGISTER HIGHER CAGR IN MINING AUTOMATION MARKET IN ROW DURING FORECAST PERIOD
TABLE 97 ROW: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 98 ROW: MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 99 ROW: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 100 ROW: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 101 ROW: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 102 ROW: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
9.5.2 SOUTH AMERICA
TABLE 103 SOUTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 104 SOUTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 105 SOUTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 106 SOUTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
9.5.2.1 Bolivia
9.5.2.1.1 Environmental regulations and resource abundance to boost demand for mining automation tools
9.5.2.2 Peru
9.5.2.2.1 Strategic investments and government initiatives to fuel market growth
9.5.2.3 Chile
9.5.2.3.1 Increasing mining activities due to presence of high-quality iron ore beds to drive market
9.5.2.4 Rest of South America
9.5.3 MIDDLE EAST & AFRICA
TABLE 107 MIDDLE EAST & AFRICA: MINING AUTOMATION MARKET, BY COUNTRY 2020–2023 (USD MILLION)
TABLE 108 MIDDLE EAST & AFRICA: MINING AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
9.5.3.1 GCC countries
9.5.3.1.1 Growing mining sector to drive market
TABLE 109 GCC COUNTRIES: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 110 GCC COUNTRIES: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.5.3.2 South Africa
9.5.3.2.1 Shortage of skilled labor to boost adoption of mining automation techniques
TABLE 111 SOUTH AFRICA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 112 SOUTH AFRICA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.5.3.3 Rest of Middle East & Africa
TABLE 113 REST OF MIDDLE EAST & AFRICA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 114 REST OF MIDDLE EAST & AFRICA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, 2020–2023
TABLE 115 MINING AUTOMATION MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
10.3 REVENUE ANALYSIS OF TOP PLAYERS, 2018–2022
FIGURE 54 MINING AUTOMATION MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022
10.4 MARKET SHARE ANALYSIS, 2023
FIGURE 55 MINING AUTOMATION MARKET SHARE ANALYSIS, 2023
TABLE 116 MINING AUTOMATION MARKET SHARE ANALYSIS, 2023
10.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.5.1 STARS
10.5.2 EMERGING LEADERS
10.5.3 PERVASIVE PLAYERS
10.5.4 PARTICIPANTS
FIGURE 56 MINING AUTOMATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
10.5.5 COMPANY FOOTPRINT (KEY PLAYERS)
TABLE 117 OVERALL COMPANY FOOTPRINT
10.5.6 MINING AUTOMATION MARKET: EQUIPMENT FOOTPRINT
TABLE 118 EQUIPMENT FOOTPRINT
10.5.7 MINING AUTOMATION MARKET: SOFTWARE FOOTPRINT
TABLE 119 SOFTWARE FOOTPRINT
10.5.8 MINING AUTOMATION MARKET: REGION FOOTPRINT
TABLE 120 REGION FOOTPRINT
10.6 COMPANY EVALUATION MATRIX: START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES), 2023
10.6.1 PROGRESSIVE COMPANIES
10.6.2 RESPONSIVE COMPANIES
10.6.3 DYNAMIC COMPANIES
10.6.4 STARTING BLOCKS
FIGURE 57 MINING AUTOMATION MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023
10.6.5 COMPETITIVE BENCHMARKING
TABLE 121 MINING AUTOMATION MARKET: LIST OF KEY START-UPS/SMES
10.6.6 COMPANY FOOTPRINT (START-UPS/SMES)
TABLE 122 MINING AUTOMATION MARKET: OFFERING FOOTPRINT
TABLE 123 MINING AUTOMATION MARKET: REGION FOOTPRINT
10.7 COMPETITIVE SCENARIOS AND TRENDS
10.7.1 PRODUCT LAUNCHES
TABLE 124 MINING AUTOMATION MARKET: PRODUCT LAUNCHES, 2020–2023
10.7.2 DEALS
TABLE 125 MINING AUTOMATION MARKET: DEALS, 2020–2023
11 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1 KEY PLAYERS
11.1.1 CATERPILLAR
TABLE 126 CATERPILLAR: COMPANY OVERVIEW
FIGURE 58 CATERPILLAR: COMPANY SNAPSHOT
TABLE 127 CATERPILLAR: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 128 CATERPILLAR: PRODUCT LAUNCHES
11.1.2 KOMATSU LTD.
TABLE 129 KOMATSU LTD.: COMPANY OVERVIEW
FIGURE 59 KOMATSU LTD.: COMPANY SNAPSHOT
TABLE 130 KOMATSU LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 131 KOMATSU LTD.: DEALS
TABLE 132 KOMATSU LTD.: OTHERS
11.1.3 SANDVIK AB
TABLE 133 SANDVIK AB: COMPANY OVERVIEW
FIGURE 60 SANDVIK AB: COMPANY SNAPSHOT
TABLE 134 SANDVIK AB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 135 SANDVIK AB: DEALS
11.1.4 EPIROC AB
TABLE 136 EPIROC AB: COMPANY OVERVIEW
FIGURE 61 EPIROC AB: COMPANY SNAPSHOT
TABLE 137 EPIROC AB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 138 EPIROC AB: DEALS
11.1.5 HITACHI CONSTRUCTION MACHINERY CO., LTD.
TABLE 139 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW
FIGURE 62 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT
TABLE 140 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 141 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCT LAUNCHES
11.1.6 AB VOLVO
TABLE 142 AB VOLVO: COMPANY OVERVIEW
FIGURE 63 AB VOLVO: COMPANY SNAPSHOT
TABLE 143 AB VOLVO: PRODUCTS/SERVICES/SOLUTIONS OFFERED
11.1.7 AUTONOMOUS SOLUTIONS, INC.
TABLE 144 AUTONOMOUS SOLUTIONS, INC.: COMPANY OVERVIEW
TABLE 145 AUTONOMOUS SOLUTIONS, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 146 AUTONOMOUS SOLUTIONS, INC.: DEALS
11.1.8 HEXAGON AB
TABLE 147 HEXAGON AB: COMPANY OVERVIEW
FIGURE 64 HEXAGON AB: COMPANY SNAPSHOT
TABLE 148 HEXAGON AB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 149 HEXAGON AB: PRODUCT LAUNCHES
TABLE 150 HEXAGON AB: DEALS
11.1.9 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
TABLE 151 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: COMPANY OVERVIEW
FIGURE 65 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: COMPANY SNAPSHOT
TABLE 152 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 153 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: PRODUCT LAUNCHES
TABLE 154 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: DEALS
TABLE 155 LIEBHERR GROUP: OTHERS
11.1.10 ROCKWELL AUTOMATION
TABLE 156 ROCKWELL AUTOMATION: COMPANY OVERVIEW
FIGURE 66 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 157 ROCKWELL AUTOMATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
11.1.11 RPMGLOBAL HOLDINGS LIMITED
TABLE 158 RPMGLOBAL HOLDINGS LIMITED: COMPANY OVERVIEW
FIGURE 67 RPMGLOBAL HOLDINGS LIMITED: COMPANY SNAPSHOT
TABLE 159 RPMGLOBAL HOLDINGS LIMITED: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 160 RPMGLOBAL HOLDINGS LIMITED: PRODUCT LAUNCHES
TABLE 161 RPMGLOBAL HOLDINGS LIMITED: DEALS
TABLE 162 RPMGLOBAL HOLDINGS LIMITED: OTHERS
11.1.12 SANY GROUP
TABLE 163 SANY GROUP: COMPANY OVERVIEW
TABLE 164 SANY GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 165 SANY GROUP: PRODUCT LAUNCHES
TABLE 166 SANY GROUP: DEALS
TABLE 167 SANY GROUP: OTHERS
11.1.13 SIEMENS
TABLE 168 SIEMENS: COMPANY OVERVIEW
FIGURE 68 SIEMENS: COMPANY SNAPSHOT
TABLE 169 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 170 SIEMENS: DEALS
11.1.14 TRIMBLE INC.
TABLE 171 TRIMBLE INC.: COMPANY OVERVIEW
FIGURE 69 TRIMBLE INC.: COMPANY SNAPSHOT
TABLE 172 TRIMBLE INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 173 TRIMBLE INC.: PRODUCT LAUNCHES
11.2 OTHER PLAYERS
11.2.1 ATDI
11.2.2 CIGEN
TABLE 174 CIGEN: COMPANY OVERVIEW
11.2.3 COENCORP
11.2.4 DATAMINE
11.2.5 GROUNDHOG
11.2.6 HAULTRAX
11.2.7 MICROMINE
11.2.8 MST
11.2.9 RESPEC
11.2.10 REUTECH
11.2.11 SYMBOTICWARE INC.
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 ADJACENT AND RELEVANT MARKETS
12.1 INTRODUCTION
12.2 HVAC SYSTEM MARKET, BY APPLICATION
TABLE 175 HVAC SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 176 HVAC SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD BILLION)
12.2.1 COMMERCIAL
12.2.1.1 Growing Adoption of energy-efficient equipment to boost HVAC system demand in commercial spaces
TABLE 177 HVAC SYSTEM MARKET, BY COMMERCIAL APPLICATION TYPE, 2019–2022 (USD BILLION)
TABLE 178 HVAC SYSTEM MARKET, BY COMMERCIAL APPLICATION TYPE, 2023–2028 (USD BILLION)
TABLE 179 COMMERCIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2019–2022 (USD MILLION)
TABLE 180 COMMERCIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2023–2028 (USD MILLION)
TABLE 181 COMMERCIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2019–2022 (USD BILLION)
TABLE 182 COMMERCIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2023–2028 (USD BILLION)
TABLE 183 COMMERCIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2019–2022 (USD MILLION)
TABLE 184 COMMERCIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2023–2028 (USD MILLION)
12.2.1.2 Offices
12.2.1.3 Governments
12.2.1.4 Healthcare
12.2.1.5 Education
12.2.1.6 Retail
12.2.1.7 Airports
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MINING AUTOMATION MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.3.4 INCLUSIONS AND EXCLUSIONS
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 MINING AUTOMATION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 MINING AUTOMATION MARKET: RESEARCH APPROACH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 List of participants and key opinion leaders in primary interviews
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to estimate market size using bottom-up approach (demand side)
FIGURE 4 MINING AUTOMATION MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to estimate market size using top-down analysis
(supply side)
FIGURE 5 MINING AUTOMATION MARKET: TOP-DOWN APPROACH
FIGURE 6 MINING AUTOMATION MARKET: MARKET SIZE ESTIMATION METHODOLOGY
2.3 DATA TRIANGULATION
FIGURE 7 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 8 RESEARCH ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
2.6 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON MINING AUTOMATION MARKET
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 9 MINING AUTOMATION MARKET, 2020–2029 (USD MILLION)
FIGURE 10 UNDERGROUND MINING TECHNIQUE TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
FIGURE 11 EQUIPMENT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029
FIGURE 12 MINE DEVELOPMENT SEGMENT TO REGISTER HIGHEST CAGR IN MINING AUTOMATION MARKET DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC HELD LARGEST SHARE OF MINING AUTOMATION MARKET IN 2023
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MINING AUTOMATION MARKET
FIGURE 14 STRONG FOCUS ON ENHANCING WORKER SAFETY AND IMPROVING PRODUCTIVITY TO DRIVE MINING AUTOMATION MARKET
4.2 MINING AUTOMATION MARKET, BY OFFERING
FIGURE 15 EQUIPMENT SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2029
4.3 MINING AUTOMATION MARKET, BY WORKFLOW
FIGURE 16 MINE DEVELOPMENT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029
4.4 MINING AUTOMATION MARKET IN NORTH AMERICA, BY OFFERING AND COUNTRY
FIGURE 17 EQUIPMENT SEGMENT AND US TO HOLD LARGEST SHARES OF NORTH AMERICAN MINING AUTOMATION MARKET IN 2029
4.5 MINING AUTOMATION MARKET, BY GEOGRAPHY
FIGURE 18 CHINA TO RECORD HIGHEST CAGR IN OVERALL MINING AUTOMATION MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 MINING AUTOMATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increased need for safety and productivity in mines
5.2.1.2 Greater focus of mining companies on reducing operating costs
5.2.1.3 Significant demand for fleet management systems by mining companies
FIGURE 20 ANALYSIS OF IMPACT OF DRIVERS ON MINING AUTOMATION MARKET
5.2.2 RESTRAINTS
5.2.2.1 Depletion of natural resources
5.2.2.2 Impact on GDP of host countries and prevailing perception of automation as threat to jobs
FIGURE 21 ANALYSIS OF IMPACT OF RESTRAINTS ON MINING AUTOMATION MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Rising adoption of digital technologies in mining industry
5.2.3.2 Increasing significance of smart connected mines
5.2.3.3 Thriving battery industry with exploration of new lithium and battery material deposits
FIGURE 22 ANALYSIS OF IMPACT OF OPPORTUNITIES ON MINING AUTOMATION MARKET
5.2.4 CHALLENGES
5.2.4.1 Difficulties associated with convergence of mining technologies
5.2.4.2 Rising global protests and environmental concerns for ecological impact of mining automation
5.2.4.3 Shortage of skilled personnel to operate automated mining equipment
FIGURE 23 ANALYSIS OF IMPACT OF CHALLENGES ON MINING AUTOMATION MARKET
5.3 VALUE CHAIN ANALYSIS
FIGURE 24 VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 25 MINING AUTOMATION ECOSYSTEM
TABLE 1 ROLE OF KEY COMPANIES IN ECOSYSTEM
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE TREND FOR AUTONOMOUS HAULAGE/ MINING TRUCKS
FIGURE 26 AVERAGE SELLING PRICE TREND FOR AUTONOMOUS HAULAGE/MINING TRUCKS, 2020–2029
5.5.2 AVERAGE SELLING PRICE OF AUTONOMOUS HAULAGE/MINING TRUCKS PROVIDED BY KEY PLAYERS
FIGURE 27 AVERAGE SELLING PRICE OF AUTONOMOUS HAULAGE/MINING TRUCKS OFFERED BY KEY PLAYERS
TABLE 2 AVERAGE SELLING PRICE OF AUTONOMOUS HAULAGE/MINING TRUCKS OFFERED BY KEY PLAYERS (USD MILLION)
TABLE 3 AVERAGE SELLING PRICE TREND OF MINING AUTOMATION EQUIPMENT (USD MILLION)
5.5.3 AVERAGE SELLING PRICE TREND OF AUTONOMOUS HAULAGE/MINING TRUCKS, BY REGION
TABLE 4 AVERAGE SELLING PRICE TREND OF MINING AUTOMATION, BY REGION (USD MILLION)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 28 TRENDS INFLUENCING MINING AUTOMATION MARKET GROWTH
5.7 TECHNOLOGY ANALYSIS
5.7.1 ARTIFICIAL INTELLIGENCE (AI)
5.7.2 DIGITAL TWIN
5.7.3 INTERNET OF THINGS (IOT)
5.7.4 SATCOM
5.7.5 CLOUD COMPUTING
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 IMPACT OF PORTER’S FIVE FORCES ON MINING AUTOMATION MARKET
FIGURE 29 MINING AUTOMATION MARKET: PORTER’S FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWER OF SUPPLIERS
5.8.4 BARGAINING POWER OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY OFFERING
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY OFFERING (%)
5.9.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA, BY OFFERING
TABLE 7 KEY BUYING CRITERIA, BY OFFERING
5.10 CASE STUDY ANALYSIS
5.10.1 USE OF ROCKWELL AUTOMATION’S CONTROL SYSTEM AND VISUALIZATION SOLUTIONS IN ARRIUM’S IRON KNOB MINE TO REDUCE OPERATIONAL COSTS AND MINIMIZE DOWNTIME
5.10.2 IMPLEMENTATION OF KOMATSU’S AHS AT SWEDISH COPPER MINE BY BOLIDEN TO ENHANCE PRODUCTIVITY AND SAFETY
5.10.3 DEPLOYMENT OF ROCKWELL AUTOMATION’S FACTORYTALK SUITE AT AMRUN BAUXITE MINE BY RIO TINTO TO IMPROVE TRANSPARENCY IN MINING OPERATIONS
5.10.4 ADOPTION OF SANDVIK AB’S MINING EQUIPMENT IN VELADERO GOLD MINE BY BARRICK GOLD TO REMAIN PRODUCTIVE IN HARSH ENVIRONMENT
5.10.5 UTILIZATION OF CATERPILLAR’S AUTONOMOUS DRILLS AND TRUCKS AT GUDAI-DARRI MINE BY RIO TINTO TO CREATE CONNECTED VALUE CHAIN
5.10.6 IMPLEMENTATION OF HEXAGON AB PRODUCTS BY RUSTENBURG PLATINUM (ANGLO AMERICAN PLATINUM) MINES LIMITED TO STREAMLINE OPERATIONS
5.10.7 ADOPTION OF KOMATSU'S SOLUTION BY ESEMIN AT EI SANTO MINING SITE TO ACHIEVE CUSTOMIZED FINANCING AND TECHNICAL SUPPORT
5.11 TRADE ANALYSIS
FIGURE 32 IMPORT DATA FOR HS CODE 8429-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 33 EXPORT DATA FOR HS CODE 8429-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)
5.12 PATENT ANALYSIS
FIGURE 34 TOP 10 COMPANIES WITH SUBSTANTIAL NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 8 US: TOP 20 PATENT OWNERS IN LAST 10 YEARS
FIGURE 35 NO. OF PATENTS GRANTED PER YEAR FROM 2013 TO 2022
TABLE 9 MINING AUTOMATION MARKET: LIST OF PATENTS, 2023
5.13 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 10 MINING AUTOMATION MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
5.14 TARIFFS, REGULATORY LANDSCAPE, AND STANDARDS
5.14.1 COUNTRY-WISE TARIFF FOR HS CODE 8429-COMPLIANT PRODUCTS
TABLE 11 TARIFF RATES APPLIED BY DIFFERENT COUNTRIES ON IMPORTED GOODS (%)
5.14.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.3 STANDARDS
TABLE 16 MAJOR STANDARDS FOR MINING MACHINERY
6 MINING AUTOMATION MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 36 MINING AUTOMATION MARKET, BY OFFERING
TABLE 17 MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 18 MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
FIGURE 37 COMMUNICATION SYSTEMS TO EXHIBIT HIGHEST CAGR IN MINING AUTOMATION MARKET, BY OFFERING, DURING FORECAST PERIOD
6.2 EQUIPMENT
FIGURE 38 MINING AUTOMATION MARKET, BY EQUIPMENT
TABLE 19 MINING AUTOMATION MARKET, BY EQUIPMENT, 2020–2023 (USD MILLION)
TABLE 20 MINING AUTOMATION MARKET, BY EQUIPMENT, 2024–2029 (USD MILLION)
TABLE 21 EQUIPMENT: MINING AUTOMATION MARKET, 2020–2023 (UNITS)
TABLE 22 EQUIPMENT: MINING AUTOMATION MARKET, 2024–2029 (UNITS)
TABLE 23 EQUIPMENT: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 24 EQUIPMENT: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
TABLE 25 EQUIPMENT: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 26 EQUIPMENT: MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.1 AUTONOMOUS HAULING/MINING TRUCKS
6.2.1.1 Focus on increasing productivity at mine sites to boost adoption of autonomous hauling mining trucks
6.2.2 AUTONOMOUS DRILLING RIGS
6.2.2.1 Emphasis on drilling more holes in less time with greater accuracy to accelerate segmental growth
6.2.3 UNDERGROUND LHD LOADERS
6.2.3.1 Growing focus on addressing underground mining challenges to foster demand for underground LHD loaders
6.2.4 TUNNELLING EQUIPMENT
6.2.4.1 Rising adoption of TBMs during tunneling process to increase mine efficiency and safety to support market growth
6.2.5 SMART VENTILATION SYSTEMS
6.2.5.1 High risk of gas leakage or explosion in underground mine sites to drive deployment of smart ventilation systems
6.2.6 PUMPING STATIONS
6.2.6.1 Need for effective water management at mining sites to facilitate implementation of automated pumping stations
6.2.7 OTHER EQUIPMENT
6.2.7.1 Hybrid shovels
6.2.7.2 Total stations
6.2.7.3 Mining dozers
6.2.7.4 Wheeled loaders
6.2.7.5 Mining excavators
6.3 SOFTWARE
FIGURE 39 MINING AUTOMATION MARKET, BY SOFTWARE
TABLE 27 MINING AUTOMATION MARKET, BY SOFTWARE, 2020–2023 (USD MILLION)
TABLE 28 MINING AUTOMATION MARKET, BY SOFTWARE, 2024–2029 (USD MILLION)
TABLE 29 SOFTWARE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 30 SOFTWARE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
TABLE 31 SOFTWARE: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 32 SOFTWARE: MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.1 WORKFORCE MANAGEMENT
6.3.1.1 Need for shift planning and scheduling workforce activities to boost demand
6.3.2 PROXIMITY DETECTION & COLLISION AVOIDANCE
6.3.2.1 Need to mitigate risk of accidents and enhance overall safety in mining sites to accelerate demand
6.3.3 AIR QUALITY & TEMPERATURE MONITORING
6.3.3.1 Critical need to ensure health and safety of mine workers to boost demand
6.3.4 FLEET MANAGEMENT
6.3.4.1 Growing importance of remote monitoring of machine and vehicle fleets to boost demand
6.3.5 REMOTE OPERATING & MONITORING
6.3.5.1 Rising focus on efficient remote management of mining processes to boost demand
6.3.6 DATA MANAGEMENT
6.3.6.1 Generation of enormous data volumes from varied mining devices to create requirements for data management solutions
6.3.7 OTHER SOFTWARE SOLUTIONS
6.3.7.1 Asset tracking
6.3.7.2 Payload monitoring
6.4 COMMUNICATION SYSTEMS
FIGURE 40 MINING AUTOMATION MARKET, BY COMMUNICATION SYSTEM
TABLE 33 MINING AUTOMATION MARKET, BY COMMUNICATION SYSTEM, 2020–2023 (USD MILLION)
TABLE 34 MINING AUTOMATION MARKET, BY COMMUNICATION SYSTEM, 2024–2029 (USD MILLION)
TABLE 35 COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 36 COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
TABLE 37 COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 38 COMMUNICATION SYSTEMS: MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.1 WIRELESS MESH NETWORKS
6.4.1.1 Scalability, ruggedness, ease of installation, and low maintenance costs to support implementation of wireless mesh networks at mining sites
6.4.2 NAVIGATION SYSTEMS
6.4.2.1 Requirement for real-time information on autonomous vehicles at mining sites to drive market
6.4.3 RADIO-FREQUENCY IDENTIFICATION (RFID) TAGS
6.4.3.1 Necessity to track real-time location of mining equipment and workers to boost demand for RFID tags
7 MINING AUTOMATION MARKET, BY TECHNIQUE
7.1 INTRODUCTION
FIGURE 41 MINING AUTOMATION MARKET, BY TECHNIQUE
FIGURE 42 UNDERGROUND MINING TECHNIQUE TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
TABLE 39 MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 40 MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
7.2 UNDERGROUND MINING
7.2.1 RISING USE OF AUTOMATION IN UNDERGROUND MINING TO MITIGATE RISKS TO DRIVE MARKET
TABLE 41 UNDERGROUND MINING: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 42 UNDERGROUND MINING: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 43 UNDERGROUND MINING: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 44 UNDERGROUND MINING: MINING AUTOMATION MARKET: BY REGION, 2024–2029 (USD MILLION)
7.3 SURFACE MINING
7.3.1 INCREASING FOCUS ON COST-EFFICIENCY AND SAFE OPERATIONS TO BOOST DEMAND FOR AUTOMATION IN SURFACE MINING
TABLE 45 SURFACE MINING: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 46 SURFACE MINING: MINING AUTOMATION MARKET: BY OFFERING, 2024–2029 (USD MILLION)
TABLE 47 SURFACE MINING: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 48 SURFACE MINING: MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
8 MINING AUTOMATION MARKET, BY WORKFLOW
8.1 INTRODUCTION
FIGURE 43 MINING AUTOMATION MARKET, BY WORKFLOW
FIGURE 44 MINE DEVELOPMENT SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 49 MINING AUTOMATION MARKET, BY WORKFLOW, 2020–2023 (USD MILLION)
TABLE 50 MINING AUTOMATION MARKET, BY WORKFLOW, 2024–2029 (USD MILLION)
8.2 MINING PROCESS
TABLE 51 MINING PROCESS: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2020–2023 (USD MILLION)
TABLE 52 MINING PROCESS: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2024–2029 (USD MILLION)
8.2.1 AUTONOMOUS HAULAGE
8.2.1.1 Strong focus on enhancing worker safety and productivity and reducing maintenance costs to fuel segmental growth
8.2.2 AUTOMATED DRILLING
8.2.2.1 Significant emphasis on reducing mine accidents to accelerate demand for automated drilling solutions
8.3 MINE MAINTENANCE
TABLE 53 MINE MAINTENANCE: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2020–2023 (USD MILLION)
TABLE 54 MINE MAINTENANCE: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2024–2029 (USD MILLION)
8.3.1 HVAC INSTALLATION AND MAINTENANCE
8.3.1.1 Installation of HVAC systems to improve ventilation at mine sites to increase need for maintenance services
8.3.2 MINE DEWATERING
8.3.2.1 Need to dispose of accumulated water at mine sites to fuel segmental growth
8.4 MINE DEVELOPMENT
TABLE 55 MINE DEVELOPMENT: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2020–2023 (USD MILLION)
TABLE 56 MINE DEVELOPMENT: MINING AUTOMATION MARKET, BY PROCESS TYPE, 2024–2029 (USD MILLION)
8.4.1 TUNNEL BORING
8.4.1.1 Greater focus on exploring rich mineral reserves to foster requirement for TBMs
8.4.2 ACCESS ROAD CONSTRUCTION
8.4.2.1 Designing and planning of access roads to create need for automated tools
8.4.3 SITE PREPARATION & CLEARING
8.4.3.1 Rising use of modular technology during mine site construction to support market growth
9 MINING AUTOMATION MARKET, BY REGION
9.1 INTRODUCTION
9.1.1 IMPACT OF GEOPOLITICAL SITUATIONS ON MINING AUTOMATION MARKET
FIGURE 45 MINING AUTOMATION MARKET, BY REGION
FIGURE 46 CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL MINING AUTOMATION MARKET DURING FORECAST PERIOD
TABLE 57 MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 58 MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 47 NORTH AMERICA: MINING AUTOMATION MARKET SNAPSHOT
TABLE 59 NORTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 60 NORTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 61 NORTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 62 NORTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 63 NORTH AMERICA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 64 NORTH AMERICA: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
FIGURE 48 US TO LEAD NORTH AMERICAN MARKET DURING FORECAST PERIOD
9.2.2 US
9.2.2.1 Enhanced productivity by automation in mines to drive market
TABLE 65 US: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 66 US: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.2.3 CANADA
9.2.3.1 Significant presence of metal- and non-metal producing mines to fuel market growth
TABLE 67 CANADA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 68 CANADA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.2.4 MEXICO
9.2.4.1 Strong government support and mining-friendly regulations to foster market growth
TABLE 69 MEXICO: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 70 MEXICO: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.3 EUROPE
9.3.1 EUROPE: RECESSION IMPACT
FIGURE 49 EUROPE: MINING AUTOMATION MARKET SNAPSHOT
FIGURE 50 TURKEY TO REGISTER HIGHEST CAGR IN EUROPEAN MINING AUTOMATION MARKET DURING FORECAST PERIOD
TABLE 71 EUROPE: MINING AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 72 EUROPE: MINING AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 73 EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 74 EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 75 EUROPE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 76 EUROPE: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
9.3.2 TURKEY
9.3.2.1 Flourishing mining sector to boost automation
TABLE 77 TURKEY: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 78 TURKEY: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.3.3 SWEDEN
9.3.3.1 Increasing adoption of advanced and innovative automation technologies in mining projects to drive market
TABLE 79 SWEDEN: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 80 SWEDEN: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.3.4 REST OF EUROPE
TABLE 81 REST OF EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 82 REST OF EUROPE: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 51 ASIA PACIFIC: MINING AUTOMATION MARKET SNAPSHOT
FIGURE 52 AUSTRALIA TO ACCOUNT FOR LARGEST SHARE OF MINING AUTOMATION MARKET IN ASIA PACIFIC DURING FORECAST PERIOD
TABLE 83 ASIA PACIFIC: MINING AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 84 ASIA PACIFIC: MINING AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 85 ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 86 ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 87 ASIA PACIFIC: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 88 ASIA PACIFIC: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
9.4.2 CHINA
9.4.2.1 Focus on modernization of mines to accelerate market growth
TABLE 89 CHINA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 90 CHINA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.4.3 INDIA
9.4.3.1 New deposit discoveries to fuel market growth
TABLE 91 INDIA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 92 INDIA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.4.4 AUSTRALIA
9.4.4.1 Government focus on automation of mines to drive market
TABLE 93 AUSTRALIA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 94 AUSTRALIA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.4.5 REST OF ASIA PACIFIC
TABLE 95 REST OF ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 96 REST OF ASIA PACIFIC: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.5 ROW
9.5.1 ROW: RECESSION IMPACT
FIGURE 53 MIDDLE EAST & AFRICA TO REGISTER HIGHER CAGR IN MINING AUTOMATION MARKET IN ROW DURING FORECAST PERIOD
TABLE 97 ROW: MINING AUTOMATION MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 98 ROW: MINING AUTOMATION MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 99 ROW: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 100 ROW: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 101 ROW: MINING AUTOMATION MARKET, BY TECHNIQUE, 2020–2023 (USD MILLION)
TABLE 102 ROW: MINING AUTOMATION MARKET, BY TECHNIQUE, 2024–2029 (USD MILLION)
9.5.2 SOUTH AMERICA
TABLE 103 SOUTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 104 SOUTH AMERICA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 105 SOUTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 106 SOUTH AMERICA: MINING AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
9.5.2.1 Bolivia
9.5.2.1.1 Environmental regulations and resource abundance to boost demand for mining automation tools
9.5.2.2 Peru
9.5.2.2.1 Strategic investments and government initiatives to fuel market growth
9.5.2.3 Chile
9.5.2.3.1 Increasing mining activities due to presence of high-quality iron ore beds to drive market
9.5.2.4 Rest of South America
9.5.3 MIDDLE EAST & AFRICA
TABLE 107 MIDDLE EAST & AFRICA: MINING AUTOMATION MARKET, BY COUNTRY 2020–2023 (USD MILLION)
TABLE 108 MIDDLE EAST & AFRICA: MINING AUTOMATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
9.5.3.1 GCC countries
9.5.3.1.1 Growing mining sector to drive market
TABLE 109 GCC COUNTRIES: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 110 GCC COUNTRIES: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.5.3.2 South Africa
9.5.3.2.1 Shortage of skilled labor to boost adoption of mining automation techniques
TABLE 111 SOUTH AFRICA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 112 SOUTH AFRICA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
9.5.3.3 Rest of Middle East & Africa
TABLE 113 REST OF MIDDLE EAST & AFRICA: MINING AUTOMATION MARKET, BY OFFERING, 2020–2023 (USD MILLION)
TABLE 114 REST OF MIDDLE EAST & AFRICA: MINING AUTOMATION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, 2020–2023
TABLE 115 MINING AUTOMATION MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
10.3 REVENUE ANALYSIS OF TOP PLAYERS, 2018–2022
FIGURE 54 MINING AUTOMATION MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022
10.4 MARKET SHARE ANALYSIS, 2023
FIGURE 55 MINING AUTOMATION MARKET SHARE ANALYSIS, 2023
TABLE 116 MINING AUTOMATION MARKET SHARE ANALYSIS, 2023
10.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.5.1 STARS
10.5.2 EMERGING LEADERS
10.5.3 PERVASIVE PLAYERS
10.5.4 PARTICIPANTS
FIGURE 56 MINING AUTOMATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
10.5.5 COMPANY FOOTPRINT (KEY PLAYERS)
TABLE 117 OVERALL COMPANY FOOTPRINT
10.5.6 MINING AUTOMATION MARKET: EQUIPMENT FOOTPRINT
TABLE 118 EQUIPMENT FOOTPRINT
10.5.7 MINING AUTOMATION MARKET: SOFTWARE FOOTPRINT
TABLE 119 SOFTWARE FOOTPRINT
10.5.8 MINING AUTOMATION MARKET: REGION FOOTPRINT
TABLE 120 REGION FOOTPRINT
10.6 COMPANY EVALUATION MATRIX: START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES), 2023
10.6.1 PROGRESSIVE COMPANIES
10.6.2 RESPONSIVE COMPANIES
10.6.3 DYNAMIC COMPANIES
10.6.4 STARTING BLOCKS
FIGURE 57 MINING AUTOMATION MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023
10.6.5 COMPETITIVE BENCHMARKING
TABLE 121 MINING AUTOMATION MARKET: LIST OF KEY START-UPS/SMES
10.6.6 COMPANY FOOTPRINT (START-UPS/SMES)
TABLE 122 MINING AUTOMATION MARKET: OFFERING FOOTPRINT
TABLE 123 MINING AUTOMATION MARKET: REGION FOOTPRINT
10.7 COMPETITIVE SCENARIOS AND TRENDS
10.7.1 PRODUCT LAUNCHES
TABLE 124 MINING AUTOMATION MARKET: PRODUCT LAUNCHES, 2020–2023
10.7.2 DEALS
TABLE 125 MINING AUTOMATION MARKET: DEALS, 2020–2023
11 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1 KEY PLAYERS
11.1.1 CATERPILLAR
TABLE 126 CATERPILLAR: COMPANY OVERVIEW
FIGURE 58 CATERPILLAR: COMPANY SNAPSHOT
TABLE 127 CATERPILLAR: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 128 CATERPILLAR: PRODUCT LAUNCHES
11.1.2 KOMATSU LTD.
TABLE 129 KOMATSU LTD.: COMPANY OVERVIEW
FIGURE 59 KOMATSU LTD.: COMPANY SNAPSHOT
TABLE 130 KOMATSU LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 131 KOMATSU LTD.: DEALS
TABLE 132 KOMATSU LTD.: OTHERS
11.1.3 SANDVIK AB
TABLE 133 SANDVIK AB: COMPANY OVERVIEW
FIGURE 60 SANDVIK AB: COMPANY SNAPSHOT
TABLE 134 SANDVIK AB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 135 SANDVIK AB: DEALS
11.1.4 EPIROC AB
TABLE 136 EPIROC AB: COMPANY OVERVIEW
FIGURE 61 EPIROC AB: COMPANY SNAPSHOT
TABLE 137 EPIROC AB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 138 EPIROC AB: DEALS
11.1.5 HITACHI CONSTRUCTION MACHINERY CO., LTD.
TABLE 139 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW
FIGURE 62 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT
TABLE 140 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 141 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCT LAUNCHES
11.1.6 AB VOLVO
TABLE 142 AB VOLVO: COMPANY OVERVIEW
FIGURE 63 AB VOLVO: COMPANY SNAPSHOT
TABLE 143 AB VOLVO: PRODUCTS/SERVICES/SOLUTIONS OFFERED
11.1.7 AUTONOMOUS SOLUTIONS, INC.
TABLE 144 AUTONOMOUS SOLUTIONS, INC.: COMPANY OVERVIEW
TABLE 145 AUTONOMOUS SOLUTIONS, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 146 AUTONOMOUS SOLUTIONS, INC.: DEALS
11.1.8 HEXAGON AB
TABLE 147 HEXAGON AB: COMPANY OVERVIEW
FIGURE 64 HEXAGON AB: COMPANY SNAPSHOT
TABLE 148 HEXAGON AB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 149 HEXAGON AB: PRODUCT LAUNCHES
TABLE 150 HEXAGON AB: DEALS
11.1.9 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH
TABLE 151 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: COMPANY OVERVIEW
FIGURE 65 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: COMPANY SNAPSHOT
TABLE 152 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 153 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: PRODUCT LAUNCHES
TABLE 154 LIEBHERR-INTERNATIONAL DEUTSCHLAND GMBH: DEALS
TABLE 155 LIEBHERR GROUP: OTHERS
11.1.10 ROCKWELL AUTOMATION
TABLE 156 ROCKWELL AUTOMATION: COMPANY OVERVIEW
FIGURE 66 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
TABLE 157 ROCKWELL AUTOMATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
11.1.11 RPMGLOBAL HOLDINGS LIMITED
TABLE 158 RPMGLOBAL HOLDINGS LIMITED: COMPANY OVERVIEW
FIGURE 67 RPMGLOBAL HOLDINGS LIMITED: COMPANY SNAPSHOT
TABLE 159 RPMGLOBAL HOLDINGS LIMITED: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 160 RPMGLOBAL HOLDINGS LIMITED: PRODUCT LAUNCHES
TABLE 161 RPMGLOBAL HOLDINGS LIMITED: DEALS
TABLE 162 RPMGLOBAL HOLDINGS LIMITED: OTHERS
11.1.12 SANY GROUP
TABLE 163 SANY GROUP: COMPANY OVERVIEW
TABLE 164 SANY GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 165 SANY GROUP: PRODUCT LAUNCHES
TABLE 166 SANY GROUP: DEALS
TABLE 167 SANY GROUP: OTHERS
11.1.13 SIEMENS
TABLE 168 SIEMENS: COMPANY OVERVIEW
FIGURE 68 SIEMENS: COMPANY SNAPSHOT
TABLE 169 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 170 SIEMENS: DEALS
11.1.14 TRIMBLE INC.
TABLE 171 TRIMBLE INC.: COMPANY OVERVIEW
FIGURE 69 TRIMBLE INC.: COMPANY SNAPSHOT
TABLE 172 TRIMBLE INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 173 TRIMBLE INC.: PRODUCT LAUNCHES
11.2 OTHER PLAYERS
11.2.1 ATDI
11.2.2 CIGEN
TABLE 174 CIGEN: COMPANY OVERVIEW
11.2.3 COENCORP
11.2.4 DATAMINE
11.2.5 GROUNDHOG
11.2.6 HAULTRAX
11.2.7 MICROMINE
11.2.8 MST
11.2.9 RESPEC
11.2.10 REUTECH
11.2.11 SYMBOTICWARE INC.
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 ADJACENT AND RELEVANT MARKETS
12.1 INTRODUCTION
12.2 HVAC SYSTEM MARKET, BY APPLICATION
TABLE 175 HVAC SYSTEM MARKET, BY APPLICATION, 2019–2022 (USD BILLION)
TABLE 176 HVAC SYSTEM MARKET, BY APPLICATION, 2023–2028 (USD BILLION)
12.2.1 COMMERCIAL
12.2.1.1 Growing Adoption of energy-efficient equipment to boost HVAC system demand in commercial spaces
TABLE 177 HVAC SYSTEM MARKET, BY COMMERCIAL APPLICATION TYPE, 2019–2022 (USD BILLION)
TABLE 178 HVAC SYSTEM MARKET, BY COMMERCIAL APPLICATION TYPE, 2023–2028 (USD BILLION)
TABLE 179 COMMERCIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2019–2022 (USD MILLION)
TABLE 180 COMMERCIAL: HVAC SYSTEM MARKET, BY COOLING EQUIPMENT, 2023–2028 (USD MILLION)
TABLE 181 COMMERCIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2019–2022 (USD BILLION)
TABLE 182 COMMERCIAL: HVAC SYSTEM MARKET, BY HEATING EQUIPMENT, 2023–2028 (USD BILLION)
TABLE 183 COMMERCIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2019–2022 (USD MILLION)
TABLE 184 COMMERCIAL: HVAC SYSTEM MARKET, BY VENTILATION EQUIPMENT, 2023–2028 (USD MILLION)
12.2.1.2 Offices
12.2.1.3 Governments
12.2.1.4 Healthcare
12.2.1.5 Education
12.2.1.6 Retail
12.2.1.7 Airports
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
