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Press Release

Global Mining Automation Market Presumed to Reach 3450 Million US$ by the End of 2025 - QY Research, Inc.

The global Mining Automation market is valued at 2510 million US$ in 2018 is expected to reach 3450 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2019-2025.

This press release was orginally distributed by SBWire

Los Angeles, CA -- (SBWIRE) -- 02/11/2019 -- Automated mining involves the removal of human labor from the mining process. The mining industry is in the transition towards automation. It can still require a large amount of human capital, particularly in the developing world where labor costs are low so there is less incentive for increasing efficiency. Automated mining is an umbrella term that refers to two types of technology. The first type of mining automation deals with process and software automation; the second type deals with applying robotic technology to mining vehicles and equipment.

For industry structure analysis, the Mining Automation industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 58% of the revenue market. Regionally, Europe is the biggest production value area of valves, also the leader in the whole Mining Automation industry.

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Europe occupied 31.64% of the revenue market in 2016. It is followed by North America and Asia-Pacific, which respectively account for around 28.57% and 24.20% of the global total industry. Other countries have a smaller amount of revenue market share. Geographically, North America was the largest sales value market in the world, which took about 30.47% of the market in 2016.

For cost trend analysis, a key variable in the performance of Mining Automation producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

The global Mining Automation market is valued at 2510 million US$ in 2018 is expected to reach 3450 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2019-2025.

This report focuses on Mining Automation volume and value at global level, regional level and company level. From a global perspective, this report represents overall Mining Automation market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Caterpillar

Sandvik

Atlas Copco

Komatsu

ABB

Hitachi

Hexagon

Rockwell

Micromine

Volvo Group

Trimble

Remote Control Technologies

Mine Site Technologies

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Underground Mining Automation

Surface Mining Automation

Segment by Application

Metal Mining

Mineral Mining

Coal Mining

Other

Buy Full Mining Automation Market Report Now, Report delivery time within 24 hours @ (Pages: 101|Tables: 111): https://www.qyresearch.com/settlement/pre/3c2dd910c823a2939308fca94ced4b13,0,1,Global%20Mining%20Automation%20Industry%20Trends%20and%20Forecast%20to%202025

About QYResearch
QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.

For more information on this press release visit: http://www.sbwire.com/press-releases/global-mining-automation-market-presumed-to-reach-3450-million-us-by-the-end-of-2025-qy-research-inc-1143558.htm

Media Relations Contact

Rahul Singh
Director - Digital Marketing
QY Research, Inc.
Telephone: 1-626-295-2442
Email: Click to Email Rahul Singh
Web: https://www.qyresearch.com/index/detail/958735/global-mining-automation-industry-trends-and-forecast-to

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