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2017 Forecast – Smart Mining Global Market, Industry Size, Share, Analysis and Opportunities to 2023.

Thursday, March 9, 2017 5:02
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Latest industry research report on Smart Mining Market .Smart mining refers to the use of information, autonomy, and technology to gain better productivity, safety, and reduce operational costs for a mine site. Mining companies focus on improving the productivity by offering innovative software & solutions. Smart mining also includes remote-controlled robotic machinery for mineral extraction, which is referred to as telerobotic mining and reduces the risk for miners. Caterpillar uses robots at Gabriela Mistral mine in Antofagasta to enrich the efficiency of maintenance services.

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Major factors that drive the growth of the world smart mining market are increased safety, growth in mine planning systems, and rise of Internet of Things (IoT) solutions in mining. However, absence of skilled and qualified labor and poor infrastructure restrict the market growth. Nonetheless, plant automation and increased environmental knowledge are expected to strengthen the market growth.


By Type

  • Underground Mining
  • Surface Mining (Open Pit Mining or Open Cast Mining)

By Hardware Component

  • Sensors
  • RFID tags
  • Intelligent Systems
  • Others

By System & Solution

  • Logistics Software
  • Data & Operation Management Software
  • Safety & Security Systems
  • Connectivity Solutions
  • Analytics Solutions
  • Remote Management Solutions
  • Asset Management Solutions

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By Service

  • Support & Maintenance
  • System Integration
  • Consulting Services

By Geography

North America

  • U.S.
  • Canada
  • Mexico


  • Germany
  • Sweden
  • France
  • Russia
  • U.K.
  • Rest of Europe


  • Australia
  • Japan
  • China
  • Rest of Asia-Pacific


  • Latin America
  • Middle East
  • Africa

Key Players

  • ABB Group
  • Rockwell Automation, Inc.
  • Trimble Navigation Limited
  • Alastri
  • Caterpillar
  • SAP SE
  • Hitachi Construction Machinery Co., Ltd.
  • Thingworx
  • Cisco Systems, Inc.
  • Hexagon AB

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