Market Overview:
The global connected mining market grew at a CAGR of around 18% during 2015-2020. Connected mining refers to the next-generation land mine designs that integrate surface and underground mining for enhanced efficiency in the extraction and management of mining resources. It establishes highly secured information protocol (IP) and multi-service networks to monitor wall slope stability, surface movement, detection of fractures and faults and natural seismicity in the mines. It involves various systems and solutions, such as operational data processing and analytics, smart assets, logistics, control systems and safety and security systems and remote management solutions. They are deployed on the machines used for mining operations and offer various benefits, such as enhanced production efficiency and safety of the workers and minimized production costs with real-time visibility of assets.
Significant growth in the mining industry across the globe represents one of the key factors creating a positive outlook for the market. Moreover, the increasing requirement for enhanced safety and security solutions for mine workers is also driving the market growth. Connected mining enables enterprises to increase their production capacities by real-time monitoring and communication with the integrated systems. In line with this, it also offers predictive maintenance that provides on-site cost monitoring and utilization of resources through digital tail monitoring controls. Additionally, the advent of the Industrial Internet of Things (IIoT), big data and cloud computing solutions with the mining systems, is acting as another growth-inducing factor. Service providers are also developing design flexible platforms, sensors, processors, and software to deliver an improved experience to the user, which, in turn, is driving the market further. Looking forward, IMARC Group expects the global connected mining market to exhibit strong 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 connected mining 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, component, equipment breakup by type, software and services breakup by type, mining type and solution type.
Breakup by Component:
- Equipments
- Software
- Services
Equipment Breakup by Type:
- Automated Mining Excavators
- Load Haul Dump
- Drillers and Breakers
- Others
Software and Services Breakup by Type:
- Data/Operations/Asset Management and Security Software
- Support and Maintenance Services
- System Integration and Deployment Services
- Others
Breakup by Mining Type:
- Surface Mining
- Underground Mining
Breakup by Solution Type:
- Connected Assets and Logistics Solutions
- Connected Control Solutions
- Connected Safety and Security Solutions
- Remote Management Solutions
- Others
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 ABB Group, Accenture Plc, Alastri, Cisco Systems Inc., Hexagon AB, Intellisense.Io, Rockwell Automation, SAP SE, Symboticware Inc. and Trimble Inc.
Key Questions Answered in This Report:
- How has the global connected mining market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global connected mining market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the equipment market based on the type?
- What is the breakup of the software and services market based on the type?
- What is the breakup of the market based on the mining type?
- What is the breakup of the market based on the solution type?
- 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 connected mining 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 Connected Mining Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Equipments
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Software
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Services
6.3.1 Market Trends
6.3.2 Market Forecast
7 Equipment Market Breakup by Type
7.1 Automated Mining Excavators
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Load Haul Dump
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Drillers and Breakers
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Software and Services Market Breakup by Type
8.1 Data/Operations/Asset Management and Security Software
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Support and Maintenance Services
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 System Integration and Deployment Services
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Mining Type
9.1 Surface Mining
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Underground Mining
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Solution Type
10.1 Connected Assets and Logistics Solutions
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Connected Control Solutions
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Connected Safety and Security Solutions
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Remote Management Solutions
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Others
10.5.1 Market Trends
10.5.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 ABB Group
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Accenture Plc
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Alastri
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Cisco Systems Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Hexagon AB
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Intellisense.Io
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.7 Rockwell Automation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 SAP SE
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Symboticware Inc.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 Trimble Inc.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
List of Figures
Figure 1: Global: Connected Mining Market: Major Drivers and Challenges
Figure 2: Global: Connected Mining Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Connected Mining Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Connected Mining Market: Breakup by Component (in %), 2020
Figure 5: Global: Connected Mining (Equipment) Market: Breakup by Type (in %), 2020
Figure 6: Global: Connected Mining (Software and Services) Market: Breakup by Type (in %), 2020
Figure 7: Global: Connected Mining Market: Breakup by Mining Type (in %), 2020
Figure 8: Global: Connected Mining Market: Breakup by Solution Type (in %), 2020
Figure 9: Global: Connected Mining Market: Breakup by Region (in %), 2020
Figure 10: Global: Connected Mining (Equipments) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Connected Mining (Equipments) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Connected Mining (Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Connected Mining (Software) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Connected Mining (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Connected Mining (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Connected Mining Equipment (Automated Mining Excavators) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Connected Mining Equipment (Automated Mining Excavators) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Connected Mining Equipment (Load Haul Dump) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Connected Mining Equipment (Load Haul Dump) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Connected Mining Equipment (Drillers and Breakers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Connected Mining Equipment (Drillers and Breakers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Connected Mining Equipment (Other Equipments) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Connected Mining Equipment (Other Equipments) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Connected Mining Software (Data/Operations/Asset Management and Security Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Connected Mining Software (Data/Operations/Asset Management and Security Software) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Connected Mining Services (Support and Maintenance Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Connected Mining Services (Support and Maintenance Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Connected Mining Services (System Integration and Deployment Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Connected Mining Services (System Integration and Deployment Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Connected Mining Services (Other Software and Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Connected Mining Services (Other Software and Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Connected Mining (Surface Mining) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Connected Mining (Surface Mining) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Connected Mining (Underground Mining) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Connected Mining (Underground Mining) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Connected Mining (Connected Assets and Logistics Solutions) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Connected Mining (Connected Assets and Logistics Solutions) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Global: Connected Mining (Connected Control Solutions) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Global: Connected Mining (Connected Control Solutions) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Global: Connected Mining (Connected Safety and Security Solutions) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Global: Connected Mining (Connected Safety and Security Solutions) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Global: Connected Mining (Remote Management Solutions) Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Global: Connected Mining (Remote Management Solutions) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Global: Connected Mining (Other Solution Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Global: Connected Mining (Other Solution Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: North America: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: United States: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: United States: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Canada: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Canada: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: North America: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Asia Pacific: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: China: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: China: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Japan: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Japan: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: India: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: India: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: South Korea: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: South Korea: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Australia: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Australia: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Indonesia: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Indonesia: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Others: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Others: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Asia Pacific: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Europe: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Germany: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Germany: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: France: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: France: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: United Kingdom: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: United Kingdom: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Italy: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Italy: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Spain: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Spain: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Russia: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Russia: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Others: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Others: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Europe: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Latin America: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Brazil: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 86: Brazil: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 87: Mexico: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 88: Mexico: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 89: Others: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 90: Others: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 91: Latin America: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 92: Middle East and Africa: Connected Mining Market: Sales Value (in Million US$), 2015 & 2020
Figure 93: Middle East and Africa: Connected Mining Market: Breakup by Country (in %), 2020
Figure 94: Middle East and Africa: Connected Mining Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 95: Global: Connected Mining Industry: SWOT Analysis
Figure 96: Global: Connected Mining Industry: Value Chain Analysis
Figure 97: Global: Connected Mining Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Connected Mining Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Connected Mining Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 3: Global: Connected Mining (Equipment) Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 4: Global: Connected Mining (Software and Services) Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 5: Global: Connected Mining Market Forecast: Breakup by Mining Type (in Million US$), 2021-2026
Table 6: Global: Connected Mining Market Forecast: Breakup by Solution Type (in Million US$), 2021-2026
Table 7: Global: Connected Mining Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 8: Global: Connected Mining Market: Competitive Structure
Table 9: Global: Connected Mining Market: Key Players