Report Scope:
The scope of this report includes the market for mining automation technologies focused on specific technology categories and systems -
- Overburden removal and tunneling.
- Ore extraction, ore transport, crushing and sorting.
- Automated mining controls.
The study also considers -
- Remote control mining technologies.
- Driver-assist systems.
- Teleoperated mining technologies.
- Fully automated mining technologies.
Market breakdowns are provided at these category levels within the report. Tables provide additional information regarding the types of equipment included in each category, as applicable. The study considers surface and underground mining, but it does not consider in situ leach mining or fluid extraction, such as petroleum or natural gas extraction.
Report Includes:
- 53 data tables and 53 additional tables
- An overview of the global market for mining automation and technologies
- Analyses of global market trends, with data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023
- In-depth analysis of major mining automation equipment technologies
- Analyses of the market by automated equipment, sensors, and applications
- Focus on rapid growth segments within the overall mining equipment industry
- Coverage of the industry structure, including major end users and trends in price and price-performance
- Company profiles of major equipment manufacturers in the market including Accenture, CISCO Systems, Coldeco, Honeywell and Volvo Group
Summary
The global mining industry currently sits at a transition point. After enduring multiple years of low commodity prices, the industry has had to turn substantially toward cost reductions and increases in efficiency to stay afloat and remain profitable. As a result, the industry is strongly interested in technologies, systems and other solutions that increase the efficiency and efficacy of mining operations while reducing costs. An upturn in commodity prices in 2017 and 2018 released some of this pressure. Mining managers are now able to play catch-up and replace aging equipment, satisfying pent-up demand for this equipment caused by limited capital availability in recent years. Mining companies
continue to seek new means to reduce costs and bolster profitability in the face of uncertain commodity price futures.
The upturn in commodity markets that began in 2017 and continued into early 2018 is finally unlocking mining equipment replacements across the industry. This uptick in capital availability corresponds to the availability of a suite of new technologies that enable increased productivity, significant labor cost reductions, enhanced safety and improved performance. Mining automation technologies and equipment directly support these benefits to the industry. Estimates abound regarding the level of labor cost savings that could be achieved in the industry. Mining automation can also remove significant safety concerns. Operators can now run mining equipment from the safety of an on-site or even a
remote office building and control room rather than in hazardous underground mines. These operators can often operate two or more pieces of equipment simultaneously, further reducing labor costs. Fully automated systems ultimately promise to drive even further gains in efficiency and eliminate worker safety concerns for equipment operators.
The summary table and figure provide an overview of market values in the global automated mining technology industry for 2017 and 2018, and then projected through 2023. The market is already experiencing significant growth, and it is poised for exceptionally strong growth within the study period. Mining automation technologies are rapidly pressing into the overall mining equipment market, an industry that carries annual revenues well above $REDACTED billion per year. Automated mining equipment still represents only a small fraction of this overall market, but it is uniquely poised for rapid growth as automated technologies and systems penetrate into and ultimately overtake the overall mining equipment market.
Based on the information and data collected in support of this study, the overall global mining automation equipment achieved an annual turnover of $REDACTED billion in 2017. By the end of 2018, market values will reach $REDACTED billion, as mining companies execute the replacement of aging equipment that they have been nursing along for several years, much of it past its typical useful lifespan. By the end of 2023, global markets will reach $REDACTED billion, achieving an exceptionally rapid compound annual growth rate (CAGR) of REDACTED. At the technology level, markets for overburden removal equipment plus ore extraction equipment will advance from $REDACTED billion in 2018 to $REDACTED billion in 2023 for a CAGR of REDACTED. Markets for ore transport, crushing and sorting, along with automated mining controls, will collectively advance from $REDACTED billion to $REDACTED billion for a CAGR of REDACTED. The full report also contains additional breakdowns by region and select countries (North America: the U.S., Canada; Europe: Germany, the U.K., France, Italy, Rest of Europe; Asia-Pacific: China, India, Australia, Indonesia and Rest of Australia; and South America: Brazil, Argentina, Rest of South America), five technology categories (i.e., overburden removal equipment, ore extraction equipment, ore transport equipment, crushing and sorting equipment, and automated mining controls), and four applications categories (i.e., remote control mining technologies, driver-assist systems, teleoperated mining technologies, fully automated mining technologies).
Mining Automation: Technologies and Global Markets
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Intended Audience
Scope of Report
Information Sources
Methodology
Regional Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Mining Automation
Automated Mining: A Brief History
Landmarks: Achieving 100% Automation
Mining Types
Surface Mining
Underground Mining
Automated Mining Technologies and Classifications: Automation Levels
Remote Control Mining Technologies
Driver-Assist Systems
Teleoperated Mining Technologies
Fully Automated Mining Technologies
Automated Mining Technologies and Classifications: Equipment and Service Categories
Automated Drills and Blasting Equipment
Overburden Removal and Tunneling
Ore Extraction Equipment
Ore Transport Equipment
Automated Crushing and Sorting Equipment
Automated Mining Control Systems
Benefits of Automated Mining Technologies
Drawbacks of Automated Mining Technologies
Technologies Not Considered
Chapter 4 Automated Mining: Global Market Summary
Introduction to Automated Mining Markets
Scope of the Market Analysis
Global Market for Automated Mining Technologies
Chapter 5 Market Breakdown by Automated Mining Technology
Global Market for Automated Overburden Removal and Tunneling Equipment
Global Summary
Global Market for Automated Ore Extraction Equipment
Global Summary
Global Market for Automated Ore Transport Equipment
Global Summary
Global Market for Automated Crushing and Sorting Equipment
Global Summary
Global Market for Automated Mining Controls
Global Summary
Chapter 6 Market Breakdown by Application
Global Market for Remote Control Mining Technologies
Global Summary
Global Market for Driver-Assist Systems
Global Summary
Global Market for Teleoperated Mining Technologies
Global Summary
Global Market for Fully Automated Mining Technologies
Global Summary
Chapter 7 Analysis of Industry Trends and Market Opportunities
Automated Mining Equipment Supply Chains
Supply Chain Efficiency
Industry Organizations
Key Trends Influencing Markets
Cost of Labor
Mining Economic Pressures and the Drive to Automate
Retrofit Market
Environmental Regulations
Financing
Quest for Energy Efficiency
Possibility that Manufacturing Growth Might Drive Markets in the U.S.
Chapter 8 Patent Review and New Developments
Annual Granted Patents
Country of Patent Origin
Key Players
Patent Code Map
Technology Map
Patent Detail
Chapter 9 Company Profiles
AB PRECISION (POOLE) LTD.
ABB LTD.
ACCENTURE
AKER WIRTH
ATLAS COPCO
AUTONOMOUS SOLUTIONS INC.
BECKER MINING SYSTEMS AG
BENTEK SYSTEMS
BHP
CATERPILLAR
CISCO SYSTEMS
CODELCO
DASSAULT SYSTEMES
DATAMINE
DONGFANG MEASUREMENT AND CONTROL TECHNOLOGY CO.
FLANDERS INC.
FLUIDMESH NETWORKS
FURUKAWA ROCK DRILL CO.
GE AUTOMATION
HEXAGON
HITACHI CONSTRUCTION MACHINERY
HONEYWELL
IBM ROBOTIC PROCESS AUTOMATION
IMP AUTOMATION
KENNAMETAL
KOMATSU
METSO
MICROMINE
MINE SITE TECHNOLOGIES (MST) GLOBAL
MOTION METRICS
NEWMONT MINING
OMEGA INDUSTRIES
REMOTE CONTROL TECHNOLOGIES
RIO TINTO
ROCKWELL AUTOMATION
RYONIC ROBOTICS
SANDVIK
SCHALKE EISENHUTTE
SCHLUMBERGER
SCHNEIDER ELECTRIC
SUNCOR ENERGY
TRIMBLE
VERMEER
VOLVO GROUP
WENCO INTERNATIONAL MINING SYSTEMS
Chapter 10 Appendix: Patent Details
List of Tables
Summary Table : Global Market for Automated Mining Equipment, by Technology, Through 2023
Table 1 : Automated Mining Technology Categories Considered in This Study
Table 2 : Levels of Mining Equipment Automation
Table 3 : Mining Automation Information Sources Included in This Study
Table 4 : Automated Mining Technology Categories Considered in This Study
Table 5 : Mining Equipment Automation Levels
Table 6 : Automated Mining Equipment and Service Categories
Table 7 : Global Market for Automated Mining Technologies, by Region, Through 2023
Table 8 : North American Market for Automated Mining Technologies, by Country, Through 2023
Table 9 : European Market for Automated Mining Technologies, by Country, Through 2023
Table 10 : Asia-Pacific Market for Automated Mining Technologies, by Country, Through 2023
Table 11 : South American Market for Automated Mining Technologies, by Country, Through 2023
Table 12 : Global Market for Automated Mining Equipment, by Technology, Through 2023
Table 13 : Global Market for Automated Mining Equipment, by Application, Through 2023
Table 14 : Global Market for Automated Overburden Removal and Tunneling Equipment, by Region, Through 2023
Table 15 : North American Market for Automated Overburden Removal and Tunneling Equipment, by Country, Through 2023
Table 16 : European Market for Automated Overburden Removal and Tunneling Equipment, by Country, Through 2023
Table 17 : Asia-Pacific Market for Automated Overburden Removal and Tunneling Equipment, by Country, Through 2023
Table 18 : South American Market for Automated Overburden Removal and Tunneling Equipment, by Country, Through 2023
Table 19 : Global Market for Automated Ore Extraction Equipment, by Region, Through 2023
Table 20 : North American Market for Automated Ore Extraction Equipment, by Country, Through 2023
Table 21 : European Market for Automated Ore Extraction Equipment, by Country, Through 2023
Table 22 : Asia-Pacific Market for Automated Ore Extraction Equipment, by Country, Through 2023
Table 23 : South American Market for Automated Ore Extraction Equipment, by Country, Through 2023
Table 24 : Global Market for Automated Ore Transport Equipment, by Region, Through 2023
Table 25 : North American Market for Automated Ore Transport Equipment, by Country, Through 2023
Table 26 : European Market for Automated Ore Transport Equipment, by Country, Through 2023
Table 27 : Asia-Pacific Market for Automated Ore Transport Equipment, by Country, Through 2023
Table 28 : South American Market for Automated Ore Transport Equipment, by Country, Through 2023
Table 29 : Global Market for Automated Crushing and Sorting Equipment, by Region, Through 2023
Table 30 : North American Market for Automated Crushing and Sorting Equipment, by Country, Through 2023
Table 31 : European Market for Automated Crushing and Sorting Equipment, by Country, Through 2023
Table 32 : Asia-Pacific Market for Automated Crushing and Sorting Equipment, by Country, Through 2023
Table 33 : South American Market for Automated Crushing and Sorting Equipment, by Country, Through 2023
Table 34 : Global Market for Automated Mining Controls Equipment, by Region, Through 2023
Table 35 : North American Market for Automated Mining Controls Equipment, by Country, Through 2023
Table 36 : European Market for Automated Mining Controls Equipment, by Country, Through 2023
Table 37 : Asia-Pacific Market for Automated Mining Controls Equipment, by Country, Through 2023
Table 38 : South American Market for Automated Mining Controls Equipment, by Country, Through 2023
Table 39 : Global Market for Remote Control Mining Equipment, by Region, Through 2023
Table 40 : North American Market for Remote Control Mining Equipment, by Country, Through 2023
Table 41 : European Market for Remote Control Mining Equipment, by Country, Through 2023
Table 42 : Asia-Pacific Market for Remote Control Mining Equipment, by Country, Through 2023
Table 43 : South American Market for Remote Control Mining Equipment, by Country, Through 2023
Table 44 : Global Market for Driver-Assist Systems, by Region, Through 2023
Table 45 : North American Market for Driver-Assist Systems, by Country, Through 2023
Table 46 : European Market for Driver-Assist Systems, by Country, Through 2023
Table 47 : Asia-Pacific Market for Driver-Assist Systems, by Country, Through 2023
Table 48 : South American Market for Driver-Assist Systems, by Country, Through 2023
Table 49 : Global Market for Teleoperated Mining Technologies, by Region, Through 2023
Table 50 : North American Market for Teleoperated Mining Technologies, by Country, Through 2023
Table 51 : European Market for Teleoperated Mining Technologies, by Country, Through 2023
Table 52 : Asia-Pacific Market for Teleoperated Mining Technologies, by Country, Through 2023
Table 53 : South American Market for Teleoperated Mining Technologies, by Country, Through 2023
Table 54 : Global Market for Fully Automated Mining Technologies, by Region, Through 2023
Table 55 : North American Market for Fully Automated Mining Technologies, by Country, Through 2023
Table 56 : European Market for Fully Automated Mining Technologies, by Country, Through 2023
Table 57 : Asia-Pacific Market for Fully Automated Mining Technologies, by Country, Through 2023
Table 58 : South American Market for Fully Automated Mining Technologies, by Country, Through 2023
Table 59 : Summary of Mining Industry Organizations
Table 60 : AB Precision (Poole) Ltd.: Overview
Table 61 : ABB Ltd.: Overview
Table 62 : Accenture: Overview
Table 63 : Aker Wirth: Overview
Table 64 : Atlas Copco: Overview
Table 65 : Autonomous Solutions Inc.: Overview
Table 66 : Becker Mining Systems: Overview
Table 67 : Bentek Systems: Overview
Table 68 : BHP: Overview
Table 69 : Caterpillar: Overview
Table 70 : CISCO Systems: Overview
Table 71 : Codelco: Overview
Table 72 : Dassault Systèmes: Overview
Table 73 : Datamine: Overview
Table 74 : Dongfang Measurement and Control Technology Company: Overview
Table 75 : Flanders Inc.: Overview
Table 76 : Fluidmesh Networks: Overview
Table 77 : Furukawa: Overview
Table 78 : GE Automation: Overview
Table 79 : Hexagon Mining: Overview
Table 80 : Hitachi Construction Machinery: Overview
Table 81 : Honeywell: Overview
Table 82 : IBM Robotic Process Automation: Overview
Table 83 : IMP Automation: Overview
Table 84 : Kennametal: Overview
Table 85 : Komatsu: Overview
Table 86 : Metso: Overview
Table 87 : MicroMine: Overview
Table 88 : Mine Site Technologies: Overview
Table 89 : Motion Metrics: Overview
Table 90 : Newmont Mining: Overview
Table 91 : Omega Industries: Overview
Table 92 : Remote Control Technologies: Overview
Table 93 : Rio Tinto: Overview
Table 94 : Rockwell Automation: Overview
Table 95 : Ryonic Robotics: Overview
Table 96 : Sandvik: Overview
Table 97 : Schalke Eisenhütte: Overview
Table 98 : Schlumberger: Overview
Table 99 : Schneider Electric: Overview
Table 100 : Suncor Energy: Overview
Table 101 : Trimble: Overview
Table 102 : Vermeer: Overview
Table 103 : Volvo Group: Overview
Table 104 : Wenco International Mining Systems: Overview
Table 105 : Patent Details, by Assignee
List of Figures
Summary Figure : Global Market for Automated Mining Equipment, by Technology, 2017-2023
Figure 1 : Open-Pit Surface Mining: Coeur Rochester Silver Mine in the Humboldt River Basin, Nevada, 2005
Figure 2 : Underground Mining: Carlsbad, New Mexico, 2016
Figure 3 : Dragline for Removing Overburden at a Surface Mine
Figure 4 : Longwall Mining Head for an Underground Coal Seam, 2013
Figure 5 : Continuous Mining System
Figure 6 : Mining Truck at a Surface Mining Site
Figure 7 : Global Market for Automated Mining Technologies, by Region, 2017-2023
Figure 8 : North American Market for Automated Mining Technologies, by Country, 2017-2023
Figure 9 : European Market for Automated Mining Technologies, by Country, 2017-2023
Figure 10 : Asia-Pacific Market for Automated Mining Technologies, by Country, 2017-2023
Figure 11 : South American Market for Automated Mining Technologies, by Country, 2017-2023
Figure 12 : Global Market for Automated Mining Equipment, by Technology, 2017-2023
Figure 13 : Global Market for Automated Mining Equipment, by Application, 2017-2023
Figure 14 : Global Market for Automated Overburden Removal and Tunneling Equipment, by Region, 2017-2023
Figure 15 : North American Market for Automated Overburden Removal and Tunneling Equipment, by Country, 2017-2023
Figure 16 : European Market for Automated Overburden Removal and Tunneling Equipment, by Country, 2017-2023
Figure 17 : Asia-Pacific Market for Automated Overburden Removal and Tunneling Equipment, by Country, 2017-2023
Figure 18 : South American Market for Automated Overburden Removal and Tunneling Equipment, by Country, 2017-2023
Figure 19 : Global Market for Automated Ore Extraction Equipment, by Region, 2017-2023
Figure 20 : North American Market for Automated Ore Extraction Equipment, by Country, 2017-2023
Figure 21 : European Market for Automated Ore Extraction Equipment, by Country, 2017-2023
Figure 22 : Asia-Pacific Market for Automated Ore Extraction Equipment, by Country, 2017-2023
Figure 23 : South American Market for Automated Ore Extraction Equipment, by Country, 2017-2023
Figure 24 : Global Market for Automated Ore Transport Equipment, by Region, 2017-2023
Figure 25 : North American Market for Automated Ore Transport Equipment, by Country, 2017-2023
Figure 26 : European Market for Automated Ore Transport Equipment, by Country, 2017-2023
Figure 27 : Asia-Pacific Market for Automated Ore Transport Equipment, by Country, 2017-2023
Figure 28 : South American Market for Automated Ore Transport Equipment, by Country, 2017-2023
Figure 29 : Global Market for Automated Crushing and Sorting Equipment, by Region, 2017-2023
Figure 30 : North American Market for Automated Crushing and Sorting Equipment, by Country, 2017-2023
Figure 31 : European Market for Automated Crushing and Sorting Equipment, by Country, 2017-2023
Figure 32 : Asia-Pacific Market for Automated Crushing and Sorting Equipment, by Country, 2017-2023
Figure 33 : South American Market for Automated Crushing and Sorting Equipment, by Country, 2017-2023
Figure 34 : Global Market for Automated Mining Controls Equipment, by Region, 2017-2023
Figure 35 : North American Market for Automated Mining Controls Equipment, by Country, 2017-2023
Figure 36 : European Market for Automated Mining Controls Equipment, by Country, 2017-2023
Figure 37 : Asia-Pacific Market for Automated Mining Controls Equipment, by Country, 2017-2023
Figure 38 : South American Market for Automated Mining Controls Equipment, by Country, 2017-2023
Figure 39 : Global Market for Remote Control Mining Equipment, by Region, 2017-2023
Figure 40 : North American Market for Remote Control Mining Equipment, by Country, 2017-2023
Figure 41 : European Market for Remote Control Mining Equipment, by Country, 2017-2023
Figure 42 : Asia-Pacific Market for Remote Control Mining Equipment, by Country, 2017-2023
Figure 43 : South American Market for Remote Control Mining Equipment, by Country, 2017-2023
Figure 44 : Global Market for Driver-Assist Systems, by Region, 2017-2023
Figure 45 : North American Market for Driver-Assist Systems, by Country, 2017-2023
Figure 46 : European Market for Driver-Assist Systems, by Country, 2017-2023
Figure 47 : Asia-Pacific Market for Driver-Assist Systems, by Country, 2017-2023
Figure 48 : South American Market for Driver-Assist Systems, by Country, 2017-2023
Figure 49 : Global Market for Teleoperated Mining Technologies, by Region, 2017-2023
Figure 50 : North American Market for Teleoperated Mining Technologies, by Country, 2017-2023
Figure 51 : Europe Market for Teleoperated Mining Technologies, by Country, 2017-2023
Figure 52 : Asia-Pacific Market for Teleoperated Mining Technologies, by Country, 2017-2023
Figure 53 : South American Market for Teleoperated Mining Technologies, by Country, 2017-2023
Figure 54 : Global Market for Fully Automated Mining Technologies, by Region, 2017-2023
Figure 55 : North American Market for Fully Automated Mining Technologies, by Country, 2017-2023
Figure 56 : European Market for Fully Automated Mining Technologies, by Country, 2017-2023
Figure 57 : Asia-Pacific Market for Fully Automated Mining Technologies, by Country, 2017-2023
Figure 58 : South American Market for Fully Automated Mining Technologies, by Country, 2017-2023
Figure 59 : Supply Chain Automated Mining Equipment
Figure 60 : Supply Chain Automated Mining Controls
Figure 61 : Quarterly Changes in U.S. Cost of Labor in Goods Producing Industries, Including Mining, 2016-2018
Figure 62 : Annual Granted Patents for Automated Mining, Through the First Quarter of 2008-2018
Figure 63 : Regional Distribution of Patents for Automated Mining, Through the First Quarter of 2018
Figure 64 : Corporate Leaders in Automated Mining Registered Patents, Through the First Quarter of 2018
Figure 65 : Code Map Detail for Automated Mining, Registered Patents, Through the First Quarter of 2018
Figure 66 : Technology Map for Automated Mining, Registered Patents, Through the First Quarter of 2018
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