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
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Blasting Automation Services Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Application
6.1 Metal Mining
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Non-Metal Mining
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Coal Mining
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Region
7.1 North America
7.1.1 United States
7.1.1.1 Market Trends
7.1.1.2 Market Forecast
7.1.2 Canada
7.1.2.1 Market Trends
7.1.2.2 Market Forecast
7.2 Asia-Pacific
7.2.1 China
7.2.1.1 Market Trends
7.2.1.2 Market Forecast
7.2.2 Japan
7.2.2.1 Market Trends
7.2.2.2 Market Forecast
7.2.3 India
7.2.3.1 Market Trends
7.2.3.2 Market Forecast
7.2.4 South Korea
7.2.4.1 Market Trends
7.2.4.2 Market Forecast
7.2.5 Australia
7.2.5.1 Market Trends
7.2.5.2 Market Forecast
7.2.6 Indonesia
7.2.6.1 Market Trends
7.2.6.2 Market Forecast
7.2.7 Others
7.2.7.1 Market Trends
7.2.7.2 Market Forecast
7.3 Europe
7.3.1 Germany
7.3.1.1 Market Trends
7.3.1.2 Market Forecast
7.3.2 France
7.3.2.1 Market Trends
7.3.2.2 Market Forecast
7.3.3 United Kingdom
7.3.3.1 Market Trends
7.3.3.2 Market Forecast
7.3.4 Italy
7.3.4.1 Market Trends
7.3.4.2 Market Forecast
7.3.5 Spain
7.3.5.1 Market Trends
7.3.5.2 Market Forecast
7.3.6 Russia
7.3.6.1 Market Trends
7.3.6.2 Market Forecast
7.3.7 Others
7.3.7.1 Market Trends
7.3.7.2 Market Forecast
7.4 Latin America
7.4.1 Brazil
7.4.1.1 Market Trends
7.4.1.2 Market Forecast
7.4.2 Mexico
7.4.2.1 Market Trends
7.4.2.2 Market Forecast
7.4.3 Others
7.4.3.1 Market Trends
7.4.3.2 Market Forecast
7.5 Middle East and Africa
7.5.1 Market Trends
7.5.2 Market Breakup by Country
7.5.3 Market Forecast
8 SWOT Analysis
8.1 Overview
8.2 Strengths
8.3 Weaknesses
8.4 Opportunities
8.5 Threats
9 Value Chain Analysis
10 Porters Five Forces Analysis
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11 Price Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Autonomous Solutions Inc.
12.3.1.1 Company Overview
12.3.1.2 Product Portfolio
12.3.2 Dyno Nobel (Incitec Pivot Ltd.)
12.3.2.1 Company Overview
12.3.2.2 Product Portfolio
12.3.3 Epiroc
12.3.3.1 Company Overview
12.3.3.2 Product Portfolio
12.3.4 iRing Inc.
12.3.4.1 Company Overview
12.3.4.2 Product Portfolio
12.3.5 Komatsu Limited
12.3.5.1 Company Overview
12.3.5.2 Product Portfolio
12.3.5.3 Financials
12.3.5.4 SWOT Analysis
12.3.6 Orica Limited
12.3.6.1 Company Overview
12.3.6.2 Product Portfolio
12.3.6.3 Financials
12.3.7 Rio Tinto plc
12.3.7.1 Company Overview
12.3.7.2 Product Portfolio
12.3.8 Rockwell Automation Inc.
12.3.8.1 Company Overview
12.3.8.2 Product Portfolio
12.3.8.3 Financials
12.3.8.4 SWOT Analysis
12.3.9 Sasol Limited
12.3.9.1 Company Overview
12.3.9.2 Product Portfolio
12.3.9.3 Financials
12.3.9.4 SWOT Analysis
List of Figures
Figure 1: Global: Blasting Automation Services Market: Major Drivers and Challenges
Figure 2: Global: Blasting Automation Services Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Global: Blasting Automation Services Market: Breakup by Application (in %), 2020
Figure 5: Global: Blasting Automation Services Market: Breakup by Region (in %), 2020
Figure 6: Global: Blasting Automation Services (Metal Mining) Market: Sales Value (in Million US$), 2015 & 2020
Figure 7: Global: Blasting Automation Services (Metal Mining) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 8: Global: Blasting Automation Services (Non-Metal Mining) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Blasting Automation Services (Non-Metal Mining) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Blasting Automation Services (Coal Mining) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Blasting Automation Services (Coal Mining) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: North America: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: North America: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: United States: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: United States: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Canada: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Canada: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Asia Pacific: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Asia Pacific: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: China: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: China: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Japan: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Japan: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: India: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: India: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: South Korea: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: South Korea: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Australia: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Australia: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Indonesia: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Indonesia: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Others: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Others: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Europe: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Europe: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Germany: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Germany: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: France: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: France: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: United Kingdom: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: United Kingdom: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Italy: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Italy: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Spain: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Spain: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Russia: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Russia: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Others: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Others: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Latin America: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Latin America: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Brazil: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Brazil: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Mexico: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Mexico: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Others: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Others: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Middle East and Africa: Blasting Automation Services Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Middle East and Africa: Blasting Automation Services Market: Breakup by Country (in %), 2020
Figure 60: Middle East and Africa: Blasting Automation Services Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Global: Blasting Automation Services Industry: SWOT Analysis
Figure 62: Global: Blasting Automation Services Industry: Value Chain Analysis
Figure 63: Global: Blasting Automation Services Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Blasting Automation Services Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Blasting Automation Services Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 3: Global: Blasting Automation Services Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 4: Global: Blasting Automation Services Market: Competitive Structure
Table 5: Global: Blasting Automation Services Market: Key Players