Mining Automation Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Australia, Japan, Germany - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 162 SKU: IRTNTR76516

Mining Automation Market Forecast 2023-2027

The mining automation market size is estimated to grow by USD 1.61 billion at a CAGR of 7.4% between 2022 and 2027. The market's growth hinges on the mining sector's expansion, advancements in automated mining tools, and the rising adoption of AI, ML, and deep learning. These factors are driving the demand for innovative solutions that boost productivity and safety. These companies are increasingly turning to automation to improve efficiency and reduce costs. This shift towards automation is reshaping how mining operations are conducted, leading to increased efficiency and reduced environmental impact. Additionally, the integration of AI and machine learning enables predictive maintenance and enhances decision-making processes. These advancements are revolutionizing the mining industry, making it more competitive and sustainable.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This market report extensively covers market segmentation by component (equipment, software, and communication system), type (underground mining automation and surface mining automation), and geography (APAC, North America, Europe, South America, and the Middle East and Africa) It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

By Component

The market share growth by the equipment segment will be significant during the forecast period. The equipment segment of the market mainly includes different types of automated mining equipment, such as automated mining excavators, load haul dumps, and drillers and breakers. Different kinds of equipment are used to mine and extract natural resources, such as metals, coal, and minerals, including iron ore, titanium, bauxite, copper, gravel, sand, platinum, gold, salt, and other non-metallic products.

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The equipment segment was the largest and was valued at USD 1.19 billion in 2017. The integration of production intelligence platforms in mining equipment provides a complete view of plant conditions as well as the operational data needed to monitor mining equipment, raw materials, and people. Fully automated equipment can detect and rectify any operational problems. Various companies, such as Rockwell Automation and Cisco, are developing connected services to monitor these sites remotely using automated tracking equipment from a centralized control room. Various other types of automated mining equipment and systems include automated rail management, robotic trucks, tracking systems, smart communication, and automated transport and dispatch systems. The presence of stringent regulations and the need for safe and employee-friendly operations are likely to fuel the growth of the equipment segment of the market over the forecast period.

By Type

Underground mining is a type of mining that comprises closed-pit mining techniques and is predominantly used to excavate minerals such as coal, lead ores, copper ores, zinc ores, nickel ores, and precious metal ores. Globally, coal is mostly extracted through underground mining, owing to which the segment accounts for a prominent share of the market in focus. Connectivity is one of the key concerns in underground mining operations, and hence, this type of mining requires efficient and advanced wired and wireless communication devices to provide a consistent and strong connectivity network for communication. Therefore, the growing demand for advanced underground mining solutions and underground mining practices is likely to drive the adoption of the automation in the underground segment of the market during the forecast period.

By Region

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APAC is estimated to contribute 41% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.  The market in APAC witnessed a steady growth momentum in 2022. Countries in APAC possess huge resources of coal, copper, diamond, gold, iron ore, lead, uranium, graphite, magnesium, tin, and nickel. In China, India, Australia, and Indonesia, the industry contributes a major share of the GDP. Countries in APAC have a high mineral potential, coupled with cheap labor advantages. Most countries have the advantage of supportive government regulations.

In recent years, the regional market has gained traction due to an increase in the adoption of automated equipment by the industry in countries such as Australia, China, and Japan. As per Australia's Bureau of Statistics, the country's industry spends around USD 4 billion per year on research and development. An increase in mining activities and the rising demand for advanced mining solutions are driving the demand for automated mining services and solutions in APAC, thereby boosting the growth of the regional market during the forecast period.

Market Dynamics

The market is rapidly evolving, driven by the need for efficiency, productivity, and safety in mining operations. Process automation and software automation are transforming the industry, reducing operating costs and enhancing mine site safety. Robotic technology is increasingly used in mining vehicles to improve productivity and reduce the reliance on human labor, thus enhancing miner safety. Automation software, like Sandvik's mining automation and teleoperation systems, offers machine monitoring and fleet overview, leading to improved productivity and reduced total ownership costs. General Motors (GM)'s hydrogen fuel cell power module is also gaining attention, offering a cleaner alternative to traditional diesel engines, aligning with the focus on sustainability and reduced environmental impact.

Key Market Driver

The growth of the mining industry is notably driving the market growth. The mining industry is one of the key sectors of the global economy. It plays a crucial role in overseeing the supply of various commodity products, including metals and minerals, essential for various industries. The global mining sector is rebounding from one of its most challenging periods in decades, marked by market volatility and steep declines in commodity prices. This recovery is driving a renewed focus on resources, efficiency, productivity, and safety in mining operations. Companies are working to improve the productivity of mining activity while enhancing miner safety and reducing operating costs at mine sites. However, the industry is now experiencing significant growth due to the recovery in commodity prices and cost-saving measures adopted by the companies. The emergence of numerous infrastructure projects in Asia has positioned the region as a dominant force in the sector. Moreover, the increasing demand for metals and minerals is expected to drive up mining activities. The substantial industrialization and urbanization in countries like China and India have heightened the need for power and energy production, further boosting the industry's expansion in the forecast period.

Major Market Trends

Increasing adoption of mobile-based technologies is an emerging trend shaping the market growth.  Enterprises have been using mobile technologies to manage their systems in the domestic and international markets. The mobility trend in mining systems is witnessing innovations in terms of wireless connectivity, advancements in machine-to-machine communication systems, application development, and platform integration. Electronic mobility solutions offer convenience and ease of access to mining-related data. Mobile-based geographic information systems support offline functions, which enable operators to monitor their operations. Rugged mobile devices are widely used in guiding workers from a remote monitoring center.

However, these are extremely useful in offering hazard-related reporting. Mobile devices can be used to send and receive crucial real-time data and analysis of operations. Therefore, the growing use of mobile devices and applications in the industry is likely to support the growth of the market over the forecast period.

Significant Market Restrain

Risks associated with cybersecurity are a significant challenge hindering market growthCybersecurity is one of the major challenges in the market. These systems use IT solutions that are exposed to online security threats. Information security in mining automation systems is one of the major challenges for the market in focus.  The continuous upgrading of IT systems can increase the costs incurred by companies. Moreover, complexities in the cybersecurity framework increase if IT systems are deployed on outdated IT security infrastructure or guidelines. Therefore, companies in the market should provide mining automation services based on the latest cybersecurity solutions and guidelines. 

Further, cybersecurity is not limited to intellectual and data theft alone but can also affect mining automation-connected equipment that controls pumps, motors, valves, and programmable logic controllers. Hence, these equipment must have additional firewalls and malware protection systems, which could increase the expenditure for companies. Such factors may create a challenge for the growth of the market during the forecast period.

Key Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Mining Automation Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AB Volvo - The company offers mining automation equipment such as fully autonomous and electric transport trucks. 

ABB Ltd. - The company offers mining automation equipment such as ABB Ability system 800xA and ABB Ability technology platform software. 

Antaira Technologies LLC - The company offers mining automation equipment such as trucks, dozers, loaders, haulers, and excavators.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Atlas Copco AB
  • Autonomous Solutions Inc.
  • Caterpillar Inc.
  • CiGen
  • Hexagon AB
  • Hitachi Construction Machinery Co. Ltd.
  • Komatsu Ltd.
  • Metso Outotec Corp.
  • Mitsubishi Electric Corp.
  • Rio Tinto Ltd.
  • Rockwell Automation Inc.
  • Roxia Oy
  • RPMGlobal Holdings Ltd.
  • Sandvik AB
  • SANY Group
  • Sarla Advantech Pvt. Ltd.
  • Siemens AG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Component Outlook 
    • Equipment
    • Software
    • Communication system
  • Type Outlook 
    • Underground mining automation
    • Surface mining automation
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile 
      • Brazil 
      • Argentina 
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is experiencing significant growth driven by factors such as the need for worker safety and the optimization of operational efficiencies. The use of advanced mining equipment and robotic automation technology is reducing the reliance on unskilled laborers and enhancing worker safety in underground mines. Intelligent management systems and real-time data analytics enable cost savings and improve operational efficiencies. Additionally, automation contributes to carbon emissions reduction and waste management, aligning with decarbonization efforts and responsible technology adoption. The market is witnessing a shift towards green technology adoption, including hydrogen fuel cells and zero-emissions solutions, further driving its growth.

Market Scope

Report Coverage

Details

Page number

162

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.4%

Market growth 2023-2027

USD 1.61 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

7.24

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 41%

Key countries

US, China, Australia, Japan, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AB Volvo, ABB Ltd., Antaira Technologies LLC, Atlas Copco AB, Autonomous Solutions Inc., Caterpillar Inc., CiGen, Hexagon AB, Hitachi Construction Machinery Co. Ltd., Komatsu Ltd., Metso Outotec Corp., Mitsubishi Electric Corp., Rio Tinto Ltd., Rockwell Automation Inc., Roxia Oy, RPMGlobal Holdings Ltd., Sandvik AB, SANY Group, Sarla Advantech Pvt. Ltd., and Siemens AG

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global mining automation market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global mining automation market 2017 - 2021 ($ million)
    • 4.2 Component Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Component Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Component

    • 6.1 Market segments
      • Exhibit 30: Chart on Component - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
    • 6.2 Comparison by Component
      • Exhibit 32: Chart on Comparison by Component
      • Exhibit 33: Data Table on Comparison by Component
    • 6.3 Equipment - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Equipment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Equipment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Equipment - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Equipment - Year-over-year growth 2022-2027 (%)
    • 6.4 Software - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Software - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Software - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Software - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Software - Year-over-year growth 2022-2027 (%)
    • 6.5 Communication system - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Communication system - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Communication system - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Communication system - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Communication system - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Component
      • Exhibit 46: Market opportunity by Component ($ million)
      • Exhibit 47: Data Table on Market opportunity by Component ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 50: Chart on Comparison by Type
      • Exhibit 51: Data Table on Comparison by Type
    • 7.3 Underground mining automation - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Underground mining automation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Underground mining automation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Underground mining automation - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Underground mining automation - Year-over-year growth 2022-2027 (%)
    • 7.4 Surface mining automation - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Surface mining automation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Surface mining automation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Surface mining automation - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Surface mining automation - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 60: Market opportunity by Type ($ million)
      • Exhibit 61: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Australia - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Australia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Australia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Australia - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Australia - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 AB Volvo
              • Exhibit 115: AB Volvo - Overview
              • Exhibit 116: AB Volvo - Business segments
              • Exhibit 117: AB Volvo - Key news
              • Exhibit 118: AB Volvo - Key offerings
              • Exhibit 119: AB Volvo - Segment focus
            • 12.4 ABB Ltd.
              • Exhibit 120: ABB Ltd. - Overview
              • Exhibit 121: ABB Ltd. - Business segments
              • Exhibit 122: ABB Ltd. - Key offerings
              • Exhibit 123: ABB Ltd. - Segment focus
            • 12.5 Antaira Technologies LLC
              • Exhibit 124: Antaira Technologies LLC - Overview
              • Exhibit 125: Antaira Technologies LLC - Product / Service
              • Exhibit 126: Antaira Technologies LLC - Key offerings
            • 12.6 Atlas Copco AB
              • Exhibit 127: Atlas Copco AB - Overview
              • Exhibit 128: Atlas Copco AB - Business segments
              • Exhibit 129: Atlas Copco AB - Key news
              • Exhibit 130: Atlas Copco AB - Key offerings
              • Exhibit 131: Atlas Copco AB - Segment focus
            • 12.7 Autonomous Solutions Inc.
              • Exhibit 132: Autonomous Solutions Inc. - Overview
              • Exhibit 133: Autonomous Solutions Inc. - Product / Service
              • Exhibit 134: Autonomous Solutions Inc. - Key offerings
            • 12.8 Caterpillar Inc.
              • Exhibit 135: Caterpillar Inc. - Overview
              • Exhibit 136: Caterpillar Inc. - Business segments
              • Exhibit 137: Caterpillar Inc. - Key offerings
              • Exhibit 138: Caterpillar Inc. - Segment focus
            • 12.9 CiGen
              • Exhibit 139: CiGen - Overview
              • Exhibit 140: CiGen - Product / Service
              • Exhibit 141: CiGen - Key offerings
            • 12.10 Hexagon AB
              • Exhibit 142: Hexagon AB - Overview
              • Exhibit 143: Hexagon AB - Business segments
              • Exhibit 144: Hexagon AB - Key news
              • Exhibit 145: Hexagon AB - Key offerings
              • Exhibit 146: Hexagon AB - Segment focus
            • 12.11 Hitachi Construction Machinery Co. Ltd.
              • Exhibit 147: Hitachi Construction Machinery Co. Ltd. - Overview
              • Exhibit 148: Hitachi Construction Machinery Co. Ltd. - Product / Service
              • Exhibit 149: Hitachi Construction Machinery Co. Ltd. - Key offerings
            • 12.12 Komatsu Ltd.
              • Exhibit 150: Komatsu Ltd. - Overview
              • Exhibit 151: Komatsu Ltd. - Business segments
              • Exhibit 152: Komatsu Ltd. - Key offerings
              • Exhibit 153: Komatsu Ltd. - Segment focus
            • 12.13 Metso Outotec Corp.
              • Exhibit 154: Metso Outotec Corp. - Overview
              • Exhibit 155: Metso Outotec Corp. - Business segments
              • Exhibit 156: Metso Outotec Corp. - Key offerings
              • Exhibit 157: Metso Outotec Corp. - Segment focus
            • 12.14 Mitsubishi Electric Corp.
              • Exhibit 158: Mitsubishi Electric Corp. - Overview
              • Exhibit 159: Mitsubishi Electric Corp. - Business segments
              • Exhibit 160: Mitsubishi Electric Corp. - Key news
              • Exhibit 161: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 162: Mitsubishi Electric Corp. - Segment focus
            • 12.15 Rio Tinto Ltd.
              • Exhibit 163: Rio Tinto Ltd. - Overview
              • Exhibit 164: Rio Tinto Ltd. - Business segments
              • Exhibit 165: Rio Tinto Ltd. - Key news
              • Exhibit 166: Rio Tinto Ltd. - Key offerings
              • Exhibit 167: Rio Tinto Ltd. - Segment focus
            • 12.16 Rockwell Automation Inc.
              • Exhibit 168: Rockwell Automation Inc. - Overview
              • Exhibit 169: Rockwell Automation Inc. - Business segments
              • Exhibit 170: Rockwell Automation Inc. - Key news
              • Exhibit 171: Rockwell Automation Inc. - Key offerings
              • Exhibit 172: Rockwell Automation Inc. - Segment focus
            • 12.17 SANY Group
              • Exhibit 173: SANY Group - Overview
              • Exhibit 174: SANY Group - Product / Service
              • Exhibit 175: SANY Group - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 176: Inclusions checklist
                • Exhibit 177: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 178: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 179: Research methodology
                • Exhibit 180: Validation techniques employed for market sizing
                • Exhibit 181: Information sources
              • 13.5 List of abbreviations
                • Exhibit 182: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              mining automation market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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