According to a market report by Lucintel, the future of the global mining automation market looks promising with opportunities in the metal mining, mineral mining, and coal mining markets. The global mining automation market is expected to reach an estimated $5.3 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are swift progress in technological fields like artificial intelligence (AI) and robotics, governments worldwide are actively endorsing the advancement and implementation of mining automation technologies, as well as, creation of increasingly advanced solutions for automated mining.

A more than 150 – page report is developed to understand trends, opportunity and forecast in mining automation market to 2030 by offering (equipment, software, and communication system), technique (surface mining and underground mining), application (metal mining, mineral mining, and coal mining), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, surface mining and underground mining are the major segments of mining automation market by technique. Lucintel forecasts that underground mining will remain the larger segment over the forecast period due to the increased usage of metals, minerals, coal, ores, and other materials in different end-user sectors such as energy and electricity, automotive, and construction is pushing underground exploration and mining operations across the world.

Within this market, mineral mining will remain the largest segment iver the forecast period due to growing prevalence of autonomous technology in metal exploration endeavors, coupled with surging demand for metals like copper, zinc, lead, and nickel from various industrial sectors.

APAC will remain the largest region due to the presence of mining companies in these region adopting new automation technologies.

Caterpillar, Hexagon, Epiroc, Komatsu, Sandvik, Liebherr, SANY, Rockwell Automation, Siemens, and RPM Global are the major suppliers in the mining automation market.




This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]