Connected Mining market research report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Pune, India -- (SBWIRE) -- 06/08/2018 -- Connected mining refers to the use of technology to achieve better productivity and safety, as well as reduce operational costs for a mine site. Mining companies focus on improving the productivity by offering innovative solutions. Connected mining includes remote-controlled robotic machinery for mineral extraction, which is referred to as tele-robotic mining and reduces the risk for miners.
The Connected Mining market is anticipated to develop at a Compound Annual Growth Rate (CAGR) of +21%.
Connected Mining Market offers a clear understanding of the subject matter. This report aims to gauge the market size and future growth capability of the Connected Mining Market crosswise over various segments, for example, product, software, equipment, vertical, technology, and region. The report aims to investigate each section with respect to singular development patterns and commitment towards the overall market and to provide comprehensive data with respect to the main considerations that impact the development of the market.
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Companies Profiled in this report includes, Cisco, ABB Group, Rockwell Automation, SAP SE, Hexagon AB, Thingworx, Symbotic Ware, Alastri, Intellisense.Io, Trimble, Accenture.
The global connected mining market is mainly driven by rising adoption of industrial internet of things (IoT). The devices are more digital and connected, and the establishment of networks among internet, machines and humans is leading to the creation of new internet ecosystem which enables better energy efficiency, higher productivity and high profitability. Moreover, IOT brings together several technologies such as, Radio Frequency Identification (RFID), sensors, and GPS under one category.
The connected mining market has been segmented into systems & solutions, services, methods, and regions. Operational Data Processing & Analytics and Connected Logistics solution segment is projected to grow with a high growth rate; hence, will present good market opportunity during the forecast period. System integration and consulting services holds a major share in the connected mining services segment. The increasing demand for system integrators to install, manage, and maintain various connected platforms act as a major driving factor for growth of system integrators.
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Geographically, the global Connected Mining Market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. Among all the regions, North America will continue to lead the global market for Connected Mining Market due to various technological advancements, rise in R&D investment. Asia- Pacific is expected to account for second largest share in global market primarily technological innovations and significant rise in funding.
The report's conclusion uncovers the overall range of the Global Connected Mining Market in terms of feasibility of investments in the different sections of the market, alongside a descriptive entry that layouts the plausibility of new activities that may prevail in the market sooner rather than later.
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Significant Highlights of the Report:
- A pure assessment of the orbit of the market
- Studies on the evolving Global Connected Mining market segments regions
- Market shares and strategies of leading players that are involved in the market
- Market segmentation up to the last level
- A point-to-point assessment of the market development
- Historical, present, and future size of the market from the perspective of both value and volume
- Suggestions to the companies to establish their foothold in the market
Table of Contents
Global Connected Mining Market Research Report 2018-2025
Chapter 1 Connected Mining Market Overview
Chapter 2 Economic Impact on Industry
Chapter 3 Market Competition by Manufacturers
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Connected Mining Market Forecast