Blasting Automation Services Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Blasting Automation Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global blasting automation services market grew at a CAGR of around 7% during 2015-2020. Blasting automation services refer to the customized facilities offered to mechanize surface mining and detonating processes, such as drilling and blasting. The services include various software and hardware systems, such as tumble barrels, basket blasters, cell machines, indexing and continuous turntables, in-line belt conveyors, modified cabinets and robotic batch processing machines. They offer maintenance of consistent surface quality, continuous operations, minimal labor requirements, efficient management of explosives and monitoring of abrasive blasting processes. The services are also used to schedule and simulate blasts and generate effective fragmentation and vibration models based on predictive analytics.

The growing mining industry and the rapid modernization of the existing industrial systems represent as the key factors driving the industry growth. Furthermore, the increasing requirement for more efficient drilling and blasting systems for deeper and parallel hole mining is also catalyzing the market growth. Blasting automation services use 5G-enabled delivery systems for wireless data transmission and operating smart blasting bodes. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT), cloud computing, artificial intelligence (AI) and machine learning (ML) solutions, are acting as other growth-inducing factors. These technologies are used with centralized blasting systems (CBS) to enable the mining operators to generate and execute blast designs based on the insights derived from data stored on the cloud. Other factors, including the increasing utilization of these services for sustainable extraction of for natural resources, along with the implementation of favorable government policies promoting infrastructural development, are anticipated to drive the market further. Looking forward, IMARC Group expects the global blasting automation services market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global blasting automation services market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region and application.

Breakup by Application:

Metal Mining
Non-Metal Mining
Coal Mining

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Autonomous Solutions Inc., Dyno Nobel (Incitec Pivot Ltd.), Epiroc, iRing Inc., Komatsu Limited, Orica Limited, Rio Tinto plc, Rockwell Automation Inc. and Sasol Limited.

Key Questions Answered in This Report:

How has the global blasting automation services market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global blasting automation services market?
What are the key regional markets?
What is the breakup of the market based on the application?
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 blasting automation services market and who are the key players?
What is the degree of competition in the industry?