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Market Research Report

North America Smart Mining Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component ; Mining Type ; Hardware Type ; Software Type

Published by The Insight Partners Product code 933116
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North America Smart Mining Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component ; Mining Type ; Hardware Type ; Software Type
Published: May 14, 2020 Content info: 105 Pages
Description

Title:
North America Smart Mining Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software and Solution, and Service); Mining Type (Underground Mining, and Surface Mining); Hardware Type (RFID Tags, Sensors, Intelligent System, Others); Software Type (Logistics Software, Data & Operation management, Safety & Security Systems, Connectivity Solutions, Analytics Solution, Remote Management Solution, and Asset Management Solution).

The smart mining market in North America is expected to grow from US$ 2,418.4 Mn in 2019 to US$ 10,099.7 Mn by 2027; it is estimated to grow at a CAGR of 19.8% during 2020-2027. North America includes developed economies such as the US and Canada, along with several developing economies such as Mexico. Technological advancements have led to a highly competitive market in North America. The North American smart mining sector is experiencing growth, facing hindrances, and witnessing trends at the regional, provincial/state, and local levels. The world's largest mining companies have been working hard to cut costs and take the impairments required to support continued North America smart mining commodity demand.

On the basis of component, hardware segment led the smart mining market in 2018. In recent years, wearable devices have been in use in various applications in the mining industry to regulate production processes in hard rock mines, health and safety management in coal mines, and monitor environmental quality in industrial mineral mines.

The overall North America smart mining size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. It also provides the overview and forecast for the market based on the segmentation pertaining to the market in North America. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America smart mining market.

A few of the players operating in the North America smart mining market are ABB Ltd, Alastri, Caterpillar Inc, SAP SE, Trimble Inc, and Hitachi Ltd.

Reasons to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America smart mining market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America smart mining market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
Product Code: TIPRE00010002

TABLE OF CONTENTS

1. Introduction

  • 1.1 Study Scope
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. Smart Mining Market Landscape

  • 4.1 Market Overview
  • 4.2 PEST Analysis
    • 4.2.1 North America - PEST Analysis
  • 4.3 Ecosystem Analysis
  • 4.4 Expert Opinion

5. Smart Mining Market - Key Market Dynamics

  • 5.1 Market Drivers
    • 5.1.1 Usage of IoT in Mining for the Safety of Workers
    • 5.1.2 On-site data acquisition systems for Protecting On-Site data
  • 5.2 Market Restraints
    • 5.2.1 Increased Safety Standards, Strict Environmental Regulations for Mining Companies
  • 5.3 Market Opportunities
    • 5.3.1 Mining Automation for Simple Operation
  • 5.4 Future Trends
    • 5.4.1 Digital Transformation of Mining Companies
  • 5.5 Impact Analysis of Drivers and Restraints

6. Smart Mining - North America Market Analysis

  • 6.1 Smart Mining Market Overview
  • 6.2 Smart Mining Market -Revenue and Forecast to 2027 (US$ Million)

7. Smart Mining Market - By Component

  • 7.1 Overview
  • 7.2 Smart Mining Market Breakdown, by Component (2019 and 2027)
  • 7.3 Hardware
    • 7.3.1 Overview
    • 7.3.2 Hardware: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
    • 7.3.3 RFID Tags
      • 7.3.3.1 Overview
      • 7.3.3.2 RFID Tags Market Forecast and Analysis
    • 7.3.4 Sensors
      • 7.3.4.1 Overview
      • 7.3.4.2 Sensors Market Forecast and Analysis
    • 7.3.5 Intelligent Systems
      • 7.3.5.1 Overview
      • 7.3.5.2 Intelligent System Market Forecast and Analysis
    • 7.3.6 Others
      • 7.3.6.1 Overview
  • 7.4 Software and Solutions
    • 7.4.1 Overview
    • 7.4.2 Software & Solutions: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
    • 7.4.3 Logistics Software
      • 7.4.3.1 Overview
      • 7.4.3.2 Logistics Software Market Forecast and Analysis
    • 7.4.4 Data and Operation Management
      • 7.4.4.1 Overview
      • 7.4.4.2 Data and Operation Management Market Forecast and Analysis
    • 7.4.5 Safety and Security Systems
      • 7.4.5.1 Overview
      • 7.4.5.2 Safety and Security Systems Market Forecast and Analysis
    • 7.4.6 Connectivity Solutions
      • 7.4.6.1 Overview
      • 7.4.6.2 Connectivity Solutions Market Forecast and Analysis
    • 7.4.7 Analytics Solutions
      • 7.4.7.1 Overview
      • 7.4.7.2 Analytics Solutions Market Forecast and Analysis
    • 7.4.8 Remote Management Solutions
      • 7.4.8.1 Overview
      • 7.4.8.2 Remote Management Solutions Market Forecast and Analysis
    • 7.4.9 Asset Management Solutions
      • 7.4.9.1 Overview
      • 7.4.9.2 Asset Management Solutions Market Forecast and Analysis
  • 7.5 Services
    • 7.5.1 Overview
    • 7.5.2 Services: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)

8. Smart Mining Market - By Mining Type

  • 8.1 Overview
  • 8.2 Smart Mining Market Breakdown, by Mining Type (2019 and 2027)
  • 8.3 Underground Mining
    • 8.3.1 Overview
    • 8.3.2 Underground Mining: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • 8.4 Surface Mining
    • 8.4.1 Overview
    • 8.4.2 Surface Mining: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)

9. North America Smart Mining Market - Country Analysis

  • 9.1 North America: Smart Mining Market
    • 9.1.1 North America: Smart Mining Market, by Key Country
      • 9.1.1.1 US: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
        • 9.1.1.1.1 US: Smart Mining Market, by Component
        • 9.1.1.1.2 US: Smart Mining Market, by Mining Type
        • 9.1.1.1.3 US: Smart Mining Market, by Hardware Type Industry
        • 9.1.1.1.4 US: Smart Mining Market, by Software and Solution Type Industry
      • 9.1.1.2 Canada: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
        • 9.1.1.2.1 Canada: Smart Mining Market, by Component
        • 9.1.1.2.2 Canada: Smart Mining Market, by Mining Type
        • 9.1.1.2.3 Canada: Smart Mining Market, by Hardware Type
        • 9.1.1.2.4 Canada: Smart Mining Market, by Software and Solution Type
      • 9.1.1.3 Mexico: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
        • 9.1.1.3.1 Mexico: Smart Mining Market, by Component
        • 9.1.1.3.2 Mexico: Smart Mining Market, by Mining Type
        • 9.1.1.3.3 Mexico: Smart Mining Market, by Hardware Type
        • 9.1.1.3.4 Mexico: Smart Mining Market, by Software and Solution Type

10. Industry Landscape

  • 10.1 Overview
  • 10.2 Market Initiative
  • 10.3 Merger and Acquisition
  • 10.4 New Development

11. Company Profiles

  • 11.1 ABB Ltd.
    • 11.1.1 Key Facts
    • 11.1.2 Business Description
    • 11.1.3 Products and Services
    • 11.1.4 Financial Overview
    • 11.1.5 SWOT Analysis
    • 11.1.6 Key Developments
  • 11.2 Alastri
    • 11.2.1 Key Facts
    • 11.2.2 Business Description
    • 11.2.3 Products and Services
    • 11.2.4 Financial Overview
    • 11.2.5 SWOT Analysis
    • 11.2.6 Key Developments
  • 11.3 Caterpillar Inc.
    • 11.3.1 Key Facts
    • 11.3.2 Business Description
    • 11.3.3 Products and Services
    • 11.3.4 Financial Overview
    • 11.3.5 SWOT Analysis
    • 11.3.6 Key Developments
  • 11.4 Intellisense.io
    • 11.4.1 Key Facts
    • 11.4.2 Business Description
    • 11.4.3 Products and Services
    • 11.4.4 Financial Overview
    • 11.4.5 SWOT Analysis
    • 11.4.6 Key Developments
  • 11.5 Hexagon AB
    • 11.5.1 Key Facts
    • 11.5.2 Business Description
    • 11.5.3 Products and Services
    • 11.5.4 Financial Overview
    • 11.5.5 SWOT Analysis
    • 11.5.6 Key Developments
  • 11.6 Hitachi, Ltd.
    • 11.6.1 Key Facts
    • 11.6.2 Business Description
    • 11.6.3 Products and Services
    • 11.6.4 Financial Overview
    • 11.6.5 SWOT Analysis
    • 11.6.6 Key Developments
  • 11.7 MineSense
    • 11.7.1 Key Facts
    • 11.7.2 Business Description
    • 11.7.3 Products and Services
    • 11.7.4 Financial Overview
    • 11.7.5 SWOT Analysis
    • 11.7.6 Key Developments
  • 11.8 Rockwell Automation, Inc.
    • 11.8.1 Key Facts
    • 11.8.2 Business Description
    • 11.8.3 Products and Services
    • 11.8.4 Financial Overview
    • 11.8.5 SWOT Analysis
    • 11.8.6 Key Developments
  • 11.9 SAP SE
    • 11.9.1 Key Facts
    • 11.9.2 Business Description
    • 11.9.3 Products and Services
    • 11.9.4 Financial Overview
    • 11.9.5 SWOT Analysis
    • 11.9.6 Key Developments
  • 11.10 Trimble Inc.
    • 11.10.1 Key Facts
    • 11.10.2 Business Description
    • 11.10.3 Products and Services
    • 11.10.4 Financial Overview
    • 11.10.5 SWOT Analysis
    • 11.10.6 Key Developments

12. Appendix

  • 12.1 About The Insight Partners
  • 12.2 Word Index

LIST OF TABLES

  • Table 1. Smart Mining Market -Revenue and Forecast to 2027 (US$ Million)
  • Table 2. North America: Smart Mining Market, by Component - Revenue and Forecast to 2027 (US$ Million)
  • Table 3. North America: Smart Mining Market, by Mining Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 4. US: Smart Mining Market, by Component -Revenue and Forecast to 2027 (US$ Million)
  • Table 5. US: Smart Mining Market, by Mining Type -Revenue and Forecast to 2027 (US$ Million)
  • Table 6. US: Smart Mining Market, by Hardware Type Industry -Revenue and Forecast to 2027 (US$ Million)
  • Table 7. US: Smart Mining Market, by Software and Solution Type Industry -Revenue and Forecast to 2027 (US$ Million)
  • Table 8. Canada: Smart Mining Market, by Component - Revenue and Forecast to 2027 (US$ Million)
  • Table 9. Canada: Smart Mining Market, by Mining Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 10. Canada: Smart Mining Market, by Hardware Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 11. Canada: Smart Mining Market, by Software and Solution Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 12. Mexico: Smart Mining Market, by Component - Revenue and Forecast to 2027 (US$ Million)
  • Table 13. Mexico: Smart Mining Market, by Mining Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 14. Mexico: Smart Mining Market, by Hardware Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 15. Mexico: Smart Mining Market, by Software and Solution Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 16. List of Abbreviation

LIST OF FIGURES

  • Figure 1. Smart Mining Market Segmentation
  • Figure 2. North America Smart Mining Market Segmentation - By Country
  • Figure 3. Services to Show Remarkable Traction During Forecast Period
  • Figure 4. Surface Mining to Dominate the Smart Mining Market
  • Figure 5. North America Smart Mining Market, Industry Landscape
  • Figure 6. North America - PEST Analysis
  • Figure 7. Ecosystem Analysis
  • Figure 8. Expert Opinion
  • Figure 9. Smart Mining Market Impact Analysis of Drivers and Restraints
  • Figure 10. Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 11. Smart Mining Market Revenue Share, by Component (2019 and 2027)
  • Figure 12. Hardware: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 13. RFID Tags: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 14. Sensors: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 15. Intelligent System: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 16. Others: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 17. Software & Solutions: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 18. Logistics Software: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 19. Data and Operation Management: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 20. Safety and Security Systems : Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 21. Connectivity Solutions: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 22. Analytics Solutions: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 23. Remote Management Solutions: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 24. Asset Management Solutions: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 25. Services: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 26. Smart Mining Market Revenue Share, by Mining Type (2019 and 2027)
  • Figure 27. Underground Mining: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 28. Surface Mining: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 29. North America: Smart Mining Market Revenue Share, by Key Country (2019 and 2027)
  • Figure 30. US: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 31. Canada: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 32. Mexico: Smart Mining Market - Revenue and Forecast to 2027 (US$ Million)
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