The North America Mining Automation Market would witness market growth of 6.7% CAGR during the forecast period (2022-2028).
Mining operations necessitated a great deal of manual labor, which placed employees in a hazardous environment at risk. Higher productivity necessitates a substantial amount of human resources, which necessitates the provision of safety equipment and the payment of high wages, hence increasing the entire cost of production. Numerous businesses are automating their mining processes to avoid such significant costs and risks to workers.
Since sensing, control, and computing technologies are growing rapidly, automation has been highlighted as the most likely way to achieve the next quantum leap in productivity and safety. Not only does it reduce the total production cost of mining, but it also improves mining productivity. Furthermore, many cutting-edge technologies, such as satellite communication, the Internet of Things (IoT), automated trucks and load haul dumps, etc., are utilized in mining automation. Thus, mining automation is necessary to provide a safe working environment for employees and to boost productivity.
In the United States, the mining business comprises the beneficiation, extraction, and processing of naturally occurring solid minerals. Minerals include industrial minerals like limestone, potash, and other fragmented rocks, as well as coal and metals such as copper, iron, or zinc. In the United States, metals and other minerals are key raw resources for the construction and chemical industries, in addition to the production of daily electronics and consumer goods. For instance, a modern computer uses over 65 distinct minerals. Furthermore, coal accounts for almost fifty percent of the nation's electricity production. The discovery of shale formations and the world's dependence on oil and gas resources has resulted in unprecedented mining activity, particularly in the oil and gas sector.
The US market dominated the North America Mining Automation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,445.9 Million by 2028. The Canada market is poised to grow at a CAGR of 8.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.5% during (2022 - 2028).
Based on Offering, the market is segmented into Software, Equipment and Services. Based on Technique, the market is segmented into Underground Mining and Surface Mining. Based on Application, the market is segmented into Mineral Mining, Coal Mining and Metal Mining. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Mining Automation Market is Predict to reach $7 Billion by 2028, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Caterpillar, Inc., Hexagon AB, Hitachi Construction Machinery Co., Ltd., Komatsu Ltd., Sandvik AB, Liebherr-International AG, Rockwell Automation, Inc., Siemens AG, Trimble, Inc. and Autonomous Solutions, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Software
- Equipment
- Services
By Technique
- Underground Mining
- Surface Mining
By Application
- Mineral Mining
- Coal Mining
- Metal Mining
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Caterpillar, Inc.
- Hexagon AB
- Hitachi Construction Machinery Co., Ltd.
- Komatsu Ltd.
- Sandvik AB
- Liebherr-International AG
- Rockwell Automation, Inc.
- Siemens AG
- Trimble, Inc.
- Autonomous Solutions, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Mining Automation Market, by Offering
1.4.2 North America Mining Automation Market, by Technique
1.4.3 North America Mining Automation Market, by Application
1.4.4 North America Mining Automation 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 & 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
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Oct – 2022, Dec) Leading Players
Chapter 4. North America Mining Automation Market by Offering
4.1 North America Software Market by Country
4.2 North America Equipment Market by Country
4.3 North America Services Market by Country
Chapter 5. North America Mining Automation Market by Technique
5.1 North America Underground Mining Market by Country
5.2 North America Surface Mining Market by Country
Chapter 6. North America Mining Automation Market by Application
6.1 North America Mineral Mining Market by Country
6.2 North America Coal Mining Market by Country
6.3 North America Metal Mining Market by Country
Chapter 7. North America Mining Automation Market by Country
7.1 US Mining Automation Market
7.1.1 US Mining Automation Market by Offering
7.1.2 US Mining Automation Market by Technique
7.1.3 US Mining Automation Market by Application
7.2 Canada Mining Automation Market
7.2.1 Canada Mining Automation Market by Offering
7.2.2 Canada Mining Automation Market by Technique
7.2.3 Canada Mining Automation Market by Application
7.3 Mexico Mining Automation Market
7.3.1 Mexico Mining Automation Market by Offering
7.3.2 Mexico Mining Automation Market by Technique
7.3.3 Mexico Mining Automation Market by Application
7.4 Rest of North America Mining Automation Market
7.4.1 Rest of North America Mining Automation Market by Offering
7.4.2 Rest of North America Mining Automation Market by Technique
7.4.3 Rest of North America Mining Automation Market by Application
Chapter 8. Company Profiles
8.1 Siemens AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Caterpillar, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.3 Hexagon AB
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.4 Komatsu Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.4.4.2 Acquisition and Mergers:
8.5 Sandvik AB
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.5.5.3 Geographical Expansions:
8.6 Liebherr-International AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Research & Development Expenses
8.6.4 Recent strategies and developments:
8.6.4.1 Geographical Expansions:
8.7 Rockwell Automation, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Trimble, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.9 Hitachi Construction Machinery Co., Ltd.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.10. Autonomous Solutions, Inc.
8.10.1 Company Overview
TABLE 1 North America Mining Automation Market, 2018 - 2021, USD Million
TABLE 2 North America Mining Automation Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Mining Automation Market
TABLE 4 Product Launches And Product Expansions– Mining Automation Market
TABLE 5 Acquisition and Mergers– Mining Automation Market
TABLE 6 geographical expansions – Mining Automation Market
TABLE 7 North America Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 8 North America Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 9 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Equipment Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Equipment Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 16 North America Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 17 North America Underground Mining Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Underground Mining Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Surface Mining Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Surface Mining Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 22 North America Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 23 North America Mineral Mining Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Mineral Mining Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Coal Mining Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Coal Mining Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Metal Mining Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Metal Mining Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Mining Automation Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Mining Automation Market by Country, 2022 - 2028, USD Million
TABLE 31 US Mining Automation Market, 2018 - 2021, USD Million
TABLE 32 US Mining Automation Market, 2022 - 2028, USD Million
TABLE 33 US Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 34 US Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 35 US Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 36 US Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 37 US Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 38 US Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 39 Canada Mining Automation Market, 2018 - 2021, USD Million
TABLE 40 Canada Mining Automation Market, 2022 - 2028, USD Million
TABLE 41 Canada Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 42 Canada Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 43 Canada Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 44 Canada Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 45 Canada Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 46 Canada Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 47 Mexico Mining Automation Market, 2018 - 2021, USD Million
TABLE 48 Mexico Mining Automation Market, 2022 - 2028, USD Million
TABLE 49 Mexico Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 50 Mexico Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 51 Mexico Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 52 Mexico Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 53 Mexico Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 54 Mexico Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 55 Rest of North America Mining Automation Market, 2018 - 2021, USD Million
TABLE 56 Rest of North America Mining Automation Market, 2022 - 2028, USD Million
TABLE 57 Rest of North America Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 58 Rest of North America Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 59 Rest of North America Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 60 Rest of North America Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 61 Rest of North America Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 62 Rest of North America Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 63 Key Information – Siemens AG
TABLE 64 key information – Caterpillar, Inc.
TABLE 65 Key information – Hexagon AB
TABLE 66 Key Information – Komatsu Ltd.
TABLE 67 Key Information – Sandvik AB
TABLE 68 Key Information – Liebherr-International AG
TABLE 69 Key information – Rockwell Automation, Inc.
TABLE 70 Key Information – Trimble, Inc.
TABLE 71 Key Information – Hitachi Construction Machinery Co., Ltd.
TABLE 72 key information – Autonomous Solutions, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Oct – 2022, Dec) Leading Players
FIG 5 Swot analysis: Siemens AG
FIG 6 Recent strategies and developments: Caterpillar, Inc.
FIG 7 Recent strategies and developments: Hexagon AB
FIG 8 Recent strategies and developments: Sandvik AB