Worldwide Connected Mining Industry to 2026 - Featuring ABB, Alastri and SAP Among Others - ResearchAndMarkets.com

The "Connected Mining Market" report has been added to ResearchAndMarkets.com's offering.

The global connected mining market grew at a CAGR of around 18% during 2015-2020. Looking forward, the publisher expects the global connected mining market to exhibit strong growth during the next five years.

Companies Mentioned

• ABB Group
• Accenture Plc
• Alastri
• Cisco Systems Inc.
• Hexagon AB
• Intellisense.Io
• Rockwell Automation
• SAP SE
• Symboticware Inc.
• Trimble Inc.

Connected mining refers to the next-generation land mine designs that integrate surface and underground mining for enhanced efficiency in the extraction and management of mining resources.

It establishes highly secured information protocol (IP) and multi-service networks to monitor wall slope stability, surface movement, detection of fractures and faults and natural seismicity in the mines. It involves various systems and solutions, such as operational data processing and analytics, smart assets, logistics, control systems and safety and security systems and remote management solutions. They are deployed on the machines used for mining operations and offer various benefits, such as enhanced production efficiency and safety of the workers and minimized production costs with real-time visibility of assets. Significant growth in the mining industry across the globe represents one of the key factors creating a positive outlook for the market.

Moreover, the increasing requirement for enhanced safety and security solutions for mine workers is also driving the market growth. Connected mining enables enterprises to increase their production capacities by real-time monitoring and communication with the integrated systems.

In line with this, it also offers predictive maintenance that provides on-site cost monitoring and utilization of resources through digital tail monitoring controls. Additionally, the advent of the Industrial Internet of Things (IIoT), big data and cloud computing solutions with the mining systems, is acting as another growth-inducing factor. Service providers are also developing design flexible platforms, sensors, processors, and software to deliver an improved experience to the user, which, in turn, is driving the market further.

Key Questions Answered in This Report:

• How has the global connected mining market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global connected mining market?
• What are the key regional markets?
• What is the breakup of the market based on the component?
• What is the breakup of the equipment market based on the type?
• What is the breakup of the software and services market based on the type?
• What is the breakup of the market based on the mining type?
• What is the breakup of the market based on the solution type?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global connected mining market and who are the key players?
• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Connected Mining Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Component

7 Equipment Market Breakup by Type

8 Software and Services Market Breakup by Type

9 Market Breakup by Mining Type

10 Market Breakup by Solution Type

11 Market Breakup by Region

12 SWOT Analysis

13 Value Chain Analysis

14 Porters Five Forces Analysis

15 Price Analysis

16 Competitive Landscape

16.1 Market Structure

16.2 Key Players

16.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/o4odt9

View source version on businesswire.com: https://www.businesswire.com/news/home/20220324005572/en/