The North America Connected Mining Market would witness market growth of 11.4% CAGR during the forecast period (2022-2028).
Connected mines are increasingly being acknowledged as the next phase in mining resource management and extraction. The key goal of implementing connected mining is to quicken the workers' mining process while maintaining the highest level of worker safety possible. In any mining environment, safety is paramount, and the development of the connected mining market is critical to establishing the safest means of extracting resources feasible. Using secure IP networks and multi-service networks, mining workers' safety, and efficiency may be maintained at a high level. They aid in achieving maximum operational efficiency in routine operations and can be sustained at that level for longer periods of time.
The North American continent, which includes the United States and Canada, is a substantial contributor to the connected mining market. The mining industry in the United States entails the extraction, beneficiation, and processing of naturally existing solid minerals from the earth. Minerals include industrial minerals such as potash, limestone, and other shattered rocks, and coal, metals such as iron, copper, or zinc.
Metals and other minerals are essential raw materials for the building and chemical industries, as well as the production of daily electronics and consumer items in the United States. For example, a modern computer requires the utilization of over 65 different minerals. In addition, coal accounts for roughly half of the electricity generated in the United States. The discovery of shale formations, combined with the world's dependency on oil and gas resources, has increased mining activity, notably in the oil and gas sector, to previously unheard-of levels.
The US market dominated the North America Connected Mining Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,710.6 million by 2028. The Canada market is poised to grow at a CAGR of 13.9% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 12.9% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Solution Type, the market is segmented into Asset Tracking & Optimization, Industrial Safety & Security, Fleet Management, Workforce Management, Analytics & Reporting, and Others. Based on Application, the market is segmented into Exploration, Processing & Refining, and Transportation. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Mining Type, the market is segmented into Surface and Underground. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Connected Mining Market is Estimated to reach $21.9 Billion by 2028, at a CAGR of 6.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, IBM Corporation, SAP SE, Cisco Systems, Inc., Schneider Electric SE, Komatsu Ltd., Hexagon AB, Caterpillar, Inc., Rockwell Automation, Inc., and Siemens AG.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Asset Tracking & Optimization
- Industrial Safety & Security
- Fleet Management
- Workforce Management, Analytics & Reporting
- Others
- Services
By Application
- Exploration
- Processing & Refining
- Transportation
By Deployment Mode
By Mining Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- IBM Corporation
- SAP SE
- Cisco Systems, Inc.
- Schneider Electric SE
- Komatsu Ltd.
- Hexagon AB
- Caterpillar, Inc.
- Rockwell Automation, Inc.
- Siemens AG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Connected Mining Market, by Component
1.4.2 North America Connected Mining Market, by Application
1.4.3 North America Connected Mining Market, by Deployment Mode
1.4.4 North America Connected Mining Market, by Mining Type
1.4.5 North America Connected Mining Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.1 Market Share Analysis, 2020
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, May – 2021, Oct) Leading Players
Chapter 4. North America Connected Mining Market by Component
4.1 North America Solution Market by Country
4.2 North America Connected Mining Market by Solution Type
4.2.1 North America Asset Tracking & Optimization Market by Country
4.2.2 North America Industrial Safety & Security Market by Country
4.2.3 North America Fleet Management Market by Country
4.2.4 North America Workforce Management, Analytics & Reporting Market by Country
4.2.5 North America Others Market by Country
4.3 North America Services Market by Country
Chapter 5. North America Connected Mining Market by Application
5.1 North America Exploration Market by Country
5.2 North America Processing & Refining Market by Country
5.3 North America Transportation Market by Country
Chapter 6. North America Connected Mining Market by Deployment Mode
6.1 North America On-premise Market by Country
6.2 North America Cloud Market by Country
Chapter 7. North America Connected Mining Market by Mining Type
7.1 North America Surface Market by Country
7.2 North America Underground Market by Country
Chapter 8. North America Connected Mining Market by Country
8.1 US Connected Mining Market
8.1.1 US Connected Mining Market by Component
8.1.1.1 US Connected Mining Market by Solution Type
8.1.2 US Connected Mining Market by Application
8.1.3 US Connected Mining Market by Deployment Mode
8.1.4 US Connected Mining Market by Mining Type
8.2 Canada Connected Mining Market
8.2.1 Canada Connected Mining Market by Component
8.2.1.1 Canada Connected Mining Market by Solution Type
8.2.2 Canada Connected Mining Market by Application
8.2.3 Canada Connected Mining Market by Deployment Mode
8.2.4 Canada Connected Mining Market by Mining Type
8.3 Mexico Connected Mining Market
8.3.1 Mexico Connected Mining Market by Component
8.3.1.1 Mexico Connected Mining Market by Solution Type
8.3.2 Mexico Connected Mining Market by Application
8.3.3 Mexico Connected Mining Market by Deployment Mode
8.3.4 Mexico Connected Mining Market by Mining Type
8.4 Rest of North America Connected Mining Market
8.4.1 Rest of North America Connected Mining Market by Component
8.4.1.1 Rest of North America Connected Mining Market by Solution Type
8.4.2 Rest of North America Connected Mining Market by Application
8.4.3 Rest of North America Connected Mining Market by Deployment Mode
8.4.4 Rest of North America Connected Mining Market by Mining Type
Chapter 9. Company Profiles
9.1 ABB Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.2 Schneider Electric SE
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental And Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.3 IBM Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional & Segmental Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.4 SAP SE
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Cisco Systems, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.6 Komatsu Ltd.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 Research and Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Acquisition and Mergers:
9.7 Hexagon AB
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.8 Caterpillar, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Product Launches and Product Expansions:
9.8.5.3 Acquisition and Mergers:
9.9 Rockwell Automation, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.9.5.3 Acquisition and Mergers:
9.10. Siemens AG
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Product Launches and Product Expansions:
9.10.6 SWOT Analysis
TABLE 1 North America Connected Mining Market, 2018 - 2021, USD Million
TABLE 2 North America Connected Mining Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Connected Mining Market
TABLE 4 Product Launches And Product Expansions– Connected Mining Market
TABLE 5 Acquisition and Mergers– Connected Mining Market
TABLE 6 North America Connected Mining Market by Component, 2018 - 2021, USD Million
TABLE 7 North America Connected Mining Market by Component, 2022 - 2028, USD Million
TABLE 8 North America Solution Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Solution Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Connected Mining Market by Solution Type, 2018 - 2021, USD Million
TABLE 11 North America Connected Mining Market by Solution Type, 2022 - 2028, USD Million
TABLE 12 North America Asset Tracking & Optimization Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Asset Tracking & Optimization Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Industrial Safety & Security Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Industrial Safety & Security Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Fleet Management Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Fleet Management Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Workforce Management, Analytics & Reporting Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Workforce Management, Analytics & Reporting Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Connected Mining Market by Application, 2018 - 2021, USD Million
TABLE 25 North America Connected Mining Market by Application, 2022 - 2028, USD Million
TABLE 26 North America Exploration Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Exploration Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Processing & Refining Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Processing & Refining Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Transportation Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Transportation Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Connected Mining Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 33 North America Connected Mining Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 34 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 35 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Connected Mining Market by Mining Type, 2018 - 2021, USD Million
TABLE 39 North America Connected Mining Market by Mining Type, 2022 - 2028, USD Million
TABLE 40 North America Surface Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Surface Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Underground Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Underground Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Connected Mining Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Connected Mining Market by Country, 2022 - 2028, USD Million
TABLE 46 US Connected Mining Market, 2018 - 2021, USD Million
TABLE 47 US Connected Mining Market, 2022 - 2028, USD Million
TABLE 48 US Connected Mining Market by Component, 2018 - 2021, USD Million
TABLE 49 US Connected Mining Market by Component, 2022 - 2028, USD Million
TABLE 50 US Connected Mining Market by Solution Type, 2018 - 2021, USD Million
TABLE 51 US Connected Mining Market by Solution Type, 2022 - 2028, USD Million
TABLE 52 US Connected Mining Market by Application, 2018 - 2021, USD Million
TABLE 53 US Connected Mining Market by Application, 2022 - 2028, USD Million
TABLE 54 US Connected Mining Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 55 US Connected Mining Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 56 US Connected Mining Market by Mining Type, 2018 - 2021, USD Million
TABLE 57 US Connected Mining Market by Mining Type, 2022 - 2028, USD Million
TABLE 58 Canada Connected Mining Market, 2018 - 2021, USD Million
TABLE 59 Canada Connected Mining Market, 2022 - 2028, USD Million
TABLE 60 Canada Connected Mining Market by Component, 2018 - 2021, USD Million
TABLE 61 Canada Connected Mining Market by Component, 2022 - 2028, USD Million
TABLE 62 Canada Connected Mining Market by Solution Type, 2018 - 2021, USD Million
TABLE 63 Canada Connected Mining Market by Solution Type, 2022 - 2028, USD Million
TABLE 64 Canada Connected Mining Market by Application, 2018 - 2021, USD Million
TABLE 65 Canada Connected Mining Market by Application, 2022 - 2028, USD Million
TABLE 66 Canada Connected Mining Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 67 Canada Connected Mining Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 68 Canada Connected Mining Market by Mining Type, 2018 - 2021, USD Million
TABLE 69 Canada Connected Mining Market by Mining Type, 2022 - 2028, USD Million
TABLE 70 Mexico Connected Mining Market, 2018 - 2021, USD Million
TABLE 71 Mexico Connected Mining Market, 2022 - 2028, USD Million
TABLE 72 Mexico Connected Mining Market by Component, 2018 - 2021, USD Million
TABLE 73 Mexico Connected Mining Market by Component, 2022 - 2028, USD Million
TABLE 74 Mexico Connected Mining Market by Solution Type, 2018 - 2021, USD Million
TABLE 75 Mexico Connected Mining Market by Solution Type, 2022 - 2028, USD Million
TABLE 76 Mexico Connected Mining Market by Application, 2018 - 2021, USD Million
TABLE 77 Mexico Connected Mining Market by Application, 2022 - 2028, USD Million
TABLE 78 Mexico Connected Mining Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 79 Mexico Connected Mining Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 80 Mexico Connected Mining Market by Mining Type, 2018 - 2021, USD Million
TABLE 81 Mexico Connected Mining Market by Mining Type, 2022 - 2028, USD Million
TABLE 82 Rest of North America Connected Mining Market, 2018 - 2021, USD Million
TABLE 83 Rest of North America Connected Mining Market, 2022 - 2028, USD Million
TABLE 84 Rest of North America Connected Mining Market by Component, 2018 - 2021, USD Million
TABLE 85 Rest of North America Connected Mining Market by Component, 2022 - 2028, USD Million
TABLE 86 Rest of North America Connected Mining Market by Solution Type, 2018 - 2021, USD Million
TABLE 87 Rest of North America Connected Mining Market by Solution Type, 2022 - 2028, USD Million
TABLE 88 Rest of North America Connected Mining Market by Application, 2018 - 2021, USD Million
TABLE 89 Rest of North America Connected Mining Market by Application, 2022 - 2028, USD Million
TABLE 90 Rest of North America Connected Mining Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 91 Rest of North America Connected Mining Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 92 Rest of North America Connected Mining Market by Mining Type, 2018 - 2021, USD Million
TABLE 93 Rest of North America Connected Mining Market by Mining Type, 2022 - 2028, USD Million
TABLE 94 Key Information – ABB Group
TABLE 95 Key information – Schneider Electric SE
TABLE 96 Key information – IBM Corporation
TABLE 97 Key Information – SAP SE
TABLE 98 Key Information – Cisco Systems, Inc.
TABLE 99 Key Information – Komatsu Ltd.
TABLE 100 Key information – Hexagon AB
TABLE 101 key information – Caterpillar, Inc.
TABLE 102 Key information – Rockwell Automation, Inc.
TABLE 103 Key Information – Siemens AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2020
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, May – 2021, Oct) Leading Players
FIG 6 Recent strategies and developments: ABB Group
FIG 7 Recent strategies and developments: Schneider Electric SE
FIG 8 Recent strategies and developments: International Business Machines Corporation
FIG 10 SWOT Analysis: SAP SE
FIG 11 Recent strategies and developments: Komatsu Ltd.
FIG 12 Recent strategies and developments: Hexagon AB
FIG 13 Recent strategies and developments: Caterpillar, Inc.
FIG 14 Recent strategies and developments: Rockwell Automation, Inc.
FIG 15 Recent strategies and developments: Siemens AG
FIG 16 Swot analysis: Siemens AG