Global Mining Automation Market Size To Exceed USD 7.95 Billion By 2035 | CAGR of 7.15%
Category: Information & TechnologyGlobal Mining Automation Market Size To Exceed USD 7.95 Billion by 2035
According to a research report published by Spherical Insights & Consulting, the Global Mining Automation Market is expected to grow from USD 3.72 Billion in 2024 to USD 7.95 Billion by 2035, at a CAGR of 7.15% during the forecast period 2025-2035.
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Browse key industry insights spread across 245 pages with 91 Market data tables and figures & charts from the report on the "Global Mining Automation Market Size, Share, and COVID-19 Impact Analysis, By Solution (Software Automation, Services, and Equipment Automation), By Offerings (Sensors and LiDAR Systems, GPS and GNSS Modules, Industrial Cameras and Vision Systems, Connectivity and Communication Systems, Others) By Application (Metal Mining, Mineral Mining, Coal Mining), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/mining-automation-market
The mining automation market refers to the use of state-of-the-art software and technology to automate and optimize various mining operations. This includes data collecting, equipment automation, task scheduling, fleet management, and safety monitoring. By reducing human involvement and maximizing efficiency, mining automation boosts output, reduces operating costs, enhances safety, and enables real-time decision-making through systems like MICROMINE's Pitram. The market growth is driven by the need for increased productivity, operational efficiency, and workplace safety. IoT integration is revolutionizing traditional mining processes by enabling real-time monitoring and improved decision-making. Automation technologies are helping to reduce worker dependence and downtime while ensuring consistent output. Wireless network development in underground activities is creating a solid digital base for seamless communication. Strategic partnerships between IT companies and the mining sector are speeding up the deployment of automation. However, the market growth is hampered by the sustainable mining practices are essential to address environmental degradation and resource depletion. Embracing responsible methods ensures long-term industry viability and ecosystem preservation.
The software automation segment accounted for the largest share in 2024 and is estimated to grow at a remarkable CAGR during the forecast period.
Based on the solution, the mining automation market is categorized into software automation, services, and equipment automation. Among these, the software automation segment accounted for the largest share in 2024 and is estimated to grow at a remarkable CAGR during the forecast period. The segmental growth can be attributed to the development of dependable technology-based vehicles, such as driverless trucks, remote control equipment, and teleoperated mining equipment. Furthermore, it is expected that the rapid advancements in hardware automation technologies would continue to streamline the large-scale mining sector internationally.
The sensor and lidar segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the offerings, the mining automation market is categorized into sensors and lidar systems, GPS and GNSS modules, industrial cameras and vision systems, connectivity and communication systems, and others. Among these, the sensor and lidar segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth can be attributed to the increased use of technology to gather data in real time. These technologies enhance operational precision, safety, and equipment monitoring, making them essential for environmental scanning and autonomous vehicle navigation in mining operations.
The mineral mining segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the application, the mining automation market is categorized into metal mining, mineral mining, and coal mining. Among these, the mineral mining segment held the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth can be attributed to the mining industry is rapidly utilizing automation to increase the productivity, safety, and cost-effectiveness of complex extraction processes. Technologies like self-governing machinery and real-time monitoring are making operations more efficient and reducing the need for manual labor. The usage of IoT and AI, along with the rise in smart mining investments, is speeding up this shift. Thus, automation continues to drive growth and transformation in the mining sector.
North America is expected to hold the majority share of the global mining automation market during the forecast period.
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North America is expected to hold the majority share of the global mining automation market during the forecast period. The region has a significant focus on technological innovation and early adoption of automation in mining operations. Because of its leading mining companies, substantial R&D expenditures, and widespread use of cutting-edge technologies like artificial intelligence (AI), the Internet of Things (IoT), and autonomous machinery, North America is leading the way in mining automation.
Europe is anticipated to grow at the fastest pace in the global mining automation market during the forecast period. The area's emphasis on safety, innovation, and environmental compliance. Strict regulatory frameworks are forcing mining companies to adopt cleaner and more efficient technology, and automation adoption is being driven by the desire to enhance productivity and reduce human interaction in hazardous regions. Furthermore, the region's strong industrial base and focus on sustainable resource extraction are driving the demand for sophisticated mining automation systems.
Major vendors in the global mining automation market are Atlas Copco AB, Trimble Inc., Autonomous Solution Inc., Siemens AG, Caterpillar, Inc., Sandvik AB, The Weir Group PLC, RPM Global Holdings Ltd., Hexagon AB, Rockwell Automation, Inc., Hitachi, Construction Machinery Co. Ltd., Rio Tinto, Komatsu Ltd., MST (Mine Site Technologies, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In March 2025, Caterpillar, Inc. announced a cooperation with Luminar to include lidar technology into its Cat Command autonomous platform. This partnership seeks to improve the safety and efficiency of self-driving construction and mining equipment by increasing object recognition capabilities in demanding conditions.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the mining automation market based on the below-mentioned segments:
Global Mining Automation Market, By Solution
- Software Automation
- Services
- Equipment Automation
Global Mining Automation Market, By Offerings
- Sensors and LiDAR Systems
- GPS and GNSS Modules
- Industrial Cameras and Vision Systems
- Connectivity and Communication Systems
- Others
Global Mining Automation Market, By Application
- Metal Mining
- Mineral Mining
- Coal Mining
Global Mining Automation Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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