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Smart Mining Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Smart Mining Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

  • August 2018
  • 100 pages
  • ID: 5566924
  • Format: PDF
  • By Infinium

Summary

Table of Contents

The report on global smart mining market provides qualitative and quantitative analysis for the period of 2016 to 2024.

The report predicts the global smart mining market to grow with a CAGR of 9.2% over the forecast period of 2018-2024. The study on smart mining market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.
Smart mining term associated with the improvements in the mining process by the using technical developments as per the need of mining industry. The mining industries are focusing on the safer, faster and better production with the use of various technologies and advanced equipment’s. The smart mining helps to improve the productivity, safety as well as used to reduce the operation cost.
Smart mining offers various benefits such as reduced operational cost, reduction in labor cost and improving overall productivity that is the key factor driving the growth of smart mining market. In addition, the increasing adoption of internet of things (IoT) and rising health and environment concern are driving the market growth of smart mining across all over the globe. Furthermore, ongoing research and developments to upgrade the equipment, software and services to provide improved and efficient infrastructure are likely to boost the growth of smart mining. However, stringent government regulations about air, water, and environment is hampering the market growth. Moreover, High competition and technological advancement across world results in to the adoption of various automated equipment for the mining is projected to create various opportunities in the smart mining market over the forecast period.
Geographically, Asia-pasific accounts for the larges share in the smart mining market. The mining activities are growing in the emerging countries such as Africa boost the market growth of smart mining in the Asia-pacific region. In addition, the advancements in the mining infrastructures at Africa and other countries are expected to escalate the market growth in Asia-pacific region in upcoming years

The report on smart mining market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global smart mining market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.
Porter’s five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global smart mining market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology

A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers

Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global smart mining market is segmented on the basis of type and component.

Global Smart Mining Market by Type
- Surface Mining
- Underground Mining
Global Smart Mining Market by Component
- Hardware
- Software
- Services

Company Profiles
- Rockwell Automation
- ABB Group
- Komatsu Ltd.
- Caterpillar
- Hitachi Construction Machinery Co
- Cisco Systems, Inc.
- Hexagon AB
- Trimble Navigation Limited,
- Alastri
- Atlas Copco
- others

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of smart mining market.
2. Complete coverage of all the segments in smart mining market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global smart mining market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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