Global Connected Mining Market 2023-2027

Description

List of Tables

Technavio has been monitoring the connected mining market and is forecast to grow by USD 28441.96 mn during 2022-2027, accelerating at a CAGR of 20.44% during the forecast period. Our report on the connected mining market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growth of the mining industry, technological improvements in automated mining equipment, and increased use of artificial intelligence, machine learning, and deep learning.

Technavio's connected mining market is segmented as below:

By Type

Surface mining
Underground mining

By Product Type

Automated equipment
Component

By Geographical Landscape

North America
APAC
South America
Middle East and Africa
Europe

This study identifies the increasing adoption of mobile-based technologies as one of the prime reasons driving the connected mining market growth during the next few years. Also, the shift of mining activities to emerging economies and the adoption of innovative business models will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the connected mining market covers the following areas:

Connected mining market sizing
Connected mining market forecast
Connected mining market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading connected mining market vendors that include ABB Ltd., Accenture Plc, Caterpillar Inc., Cisco Systems Inc., Hexagon AB, Hitachi Ltd., Komatsu Mining Corp., Larsen and Toubro Ltd., Mining TAG, Rockwell Automation Inc., SAP SE, Telefonaktiebolaget LM Ericsson, Thales Group, Trimble Inc., Wipro Ltd., Alastri Software, Epiroc AB, Micromine Ltd., Symboticware Inc., and Intellisense.Io. Also, the connected mining market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR41638

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global connected mining market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global connected mining market 2017 - 2021 ($ million)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.3 Product Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Product Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Surface mining - Market size and forecast 2022-2027
Exhibit 34: Chart on Surface mining - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Surface mining - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Surface mining - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Surface mining - Year-over-year growth 2022-2027 (%)
6.4 Underground mining - Market size and forecast 2022-2027
Exhibit 38: Chart on Underground mining - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Underground mining - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Underground mining - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Underground mining - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ million)
Exhibit 43: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Product Type

7.1 Market segments
Exhibit 44: Chart on Product Type - Market share 2022-2027 (%)
Exhibit 45: Data Table on Product Type - Market share 2022-2027 (%)
7.2 Comparison by Product Type
Exhibit 46: Chart on Comparison by Product Type
Exhibit 47: Data Table on Comparison by Product Type
7.3 Automated equipment - Market size and forecast 2022-2027
Exhibit 48: Chart on Automated equipment - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Automated equipment - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Automated equipment - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Automated equipment - Year-over-year growth 2022-2027 (%)
7.4 Component - Market size and forecast 2022-2027
Exhibit 52: Chart on Component - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Component - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Component - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Component - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Product Type
Exhibit 56: Market opportunity by Product Type ($ million)
Exhibit 57: Data Table on Market opportunity by Product Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 APAC - Market size and forecast 2022-2027
Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.5 South America - Market size and forecast 2022-2027
Exhibit 71: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 Europe - Market size and forecast 2022-2027
Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Australia - Market size and forecast 2022-2027
Exhibit 91: Chart on Australia - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Australia - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Australia - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Australia - Year-over-year growth 2022-2027 (%)
9.11 Canada - Market size and forecast 2022-2027
Exhibit 95: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.12 South Africa - Market size and forecast 2022-2027
Exhibit 99: Chart on South Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on South Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on South Africa - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on South Africa - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 111: ABB Ltd. - Overview
Exhibit 112: ABB Ltd. - Business segments
Exhibit 113: ABB Ltd. - Key offerings
Exhibit 114: ABB Ltd. - Segment focus
12.4 Accenture Plc
Exhibit 115: Accenture Plc - Overview
Exhibit 116: Accenture Plc - Business segments
Exhibit 117: Accenture Plc - Key offerings
Exhibit 118: Accenture Plc - Segment focus
12.5 Alastri Software
Exhibit 119: Alastri Software - Overview
Exhibit 120: Alastri Software - Product / Service
Exhibit 121: Alastri Software - Key offerings
12.6 Caterpillar Inc.
Exhibit 122: Caterpillar Inc. - Overview
Exhibit 123: Caterpillar Inc. - Business segments
Exhibit 124: Caterpillar Inc. - Key offerings
Exhibit 125: Caterpillar Inc. - Segment focus
12.7 Cisco Systems Inc.
Exhibit 126: Cisco Systems Inc. - Overview
Exhibit 127: Cisco Systems Inc. - Business segments
Exhibit 128: Cisco Systems Inc. - Key news
Exhibit 129: Cisco Systems Inc. - Key offerings
Exhibit 130: Cisco Systems Inc. - Segment focus
12.8 Epiroc AB
Exhibit 131: Epiroc AB - Overview
Exhibit 132: Epiroc AB - Business segments
Exhibit 133: Epiroc AB - Key news
Exhibit 134: Epiroc AB - Key offerings
Exhibit 135: Epiroc AB - Segment focus
12.9 Hexagon AB
Exhibit 136: Hexagon AB - Overview
Exhibit 137: Hexagon AB - Business segments
Exhibit 138: Hexagon AB - Key news
Exhibit 139: Hexagon AB - Key offerings
Exhibit 140: Hexagon AB - Segment focus
12.10 Hitachi Ltd.
Exhibit 141: Hitachi Ltd. - Overview
Exhibit 142: Hitachi Ltd. - Business segments
Exhibit 143: Hitachi Ltd. - Key news
Exhibit 144: Hitachi Ltd. - Key offerings
Exhibit 145: Hitachi Ltd. - Segment focus
12.11 Komatsu Mining Corp.
Exhibit 146: Komatsu Mining Corp. - Overview
Exhibit 147: Komatsu Mining Corp. - Business segments
Exhibit 148: Komatsu Mining Corp. - Key offerings
Exhibit 149: Komatsu Mining Corp. - Segment focus
12.12 Micromine Ltd.
Exhibit 150: Micromine Ltd. - Overview
Exhibit 151: Micromine Ltd. - Product / Service
Exhibit 152: Micromine Ltd. - Key offerings
12.13 Mining TAG
Exhibit 153: Mining TAG - Overview
Exhibit 154: Mining TAG - Product / Service
Exhibit 155: Mining TAG - Key offerings
12.14 Rockwell Automation Inc.
Exhibit 156: Rockwell Automation Inc. - Overview
Exhibit 157: Rockwell Automation Inc. - Business segments
Exhibit 158: Rockwell Automation Inc. - Key news
Exhibit 159: Rockwell Automation Inc. - Key offerings
Exhibit 160: Rockwell Automation Inc. - Segment focus
12.15 SAP SE
Exhibit 161: SAP SE - Overview
Exhibit 162: SAP SE - Business segments
Exhibit 163: SAP SE - Key news
Exhibit 164: SAP SE - Key offerings
Exhibit 165: SAP SE - Segment focus
12.16 Telefonaktiebolaget LM Ericsson
Exhibit 166: Telefonaktiebolaget LM Ericsson - Overview
Exhibit 167: Telefonaktiebolaget LM Ericsson - Business segments
Exhibit 168: Telefonaktiebolaget LM Ericsson - Key news
Exhibit 169: Telefonaktiebolaget LM Ericsson - Key offerings
Exhibit 170: Telefonaktiebolaget LM Ericsson - Segment focus
12.17 Trimble Inc.
Exhibit 171: Trimble Inc. - Overview
Exhibit 172: Trimble Inc. - Business segments
Exhibit 173: Trimble Inc. - Key offerings
Exhibit 174: Trimble Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 175: Inclusions checklist
Exhibit 176: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 177: Currency conversion rates for US$
13.4 Research methodology
Exhibit 178: Research methodology
Exhibit 179: Validation techniques employed for market sizing
Exhibit 180: Information sources
13.5 List of abbreviations
Exhibit 181: List of abbreviations