The Europe Mining Automation Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
Automation is required for an efficient and risk-free mining operation. Therefore, automation is anticipated to consume a significant portion of the budget for underground mining. The component is subdivided into hardware, software, and a communication system. Due to potential dangers such as inadequate ventilation, exposure to hazardous gases, and negative health effects, working in underground mines is extremely challenging. In the meantime, by implementing automated mining, all such significant threats can be eliminated, contributing to the growth of the market for mining automation.
In addition, it decreases the total cost of labor and boosts the plant's productivity, driving the market for mining automation. Owing to potential dangers such as limited ventilation, exposure to dangerous chemicals, and adverse health impacts, working underground in mining can be rather difficult. Therefore, the growth of the market for mining automation is attributable to the fact that all significant hazards can be eliminated via automated mining. Furthermore, it reduces overall labor costs and increases a factory's or manufacturing plant's output, which drives the mining automation industry.
The prosperity of the European economy depends heavily on the mining sector. Over the past ten years, the use of metals, industrial minerals, and aggregates has increased significantly throughout Europe. Currently, Europe produces many industrial minerals or aggregates virtually entirely. However, it is a sizable net importer for most metals and metal ores. Because of the abundance of natural resources in Europe, mining and the supply of minerals continue to be vital to the continent's economy and society, as they have for millennia. As building materials (crushed rock, sand, and gravel) for infrastructure, buildings, and roads, as well as for industrial uses (such as metals, lime, kaolin, silica sand, and talc) in the manufacturing of steel, computers, cars, medicines, human & animal foodstuffs, and fertilizers, to name a few major applications, minerals are used in everyday life.
The Germany market dominated the Europe Mining Automation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $433.3 Million by 2028. The UK market is anticipated to grow at a CAGR of 5.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 7% during (2022 - 2028).
Based on Offering, the market is segmented into Software, Equipment and Services. Based on Technique, the market is segmented into Underground Mining and Surface Mining. Based on Application, the market is segmented into Mineral Mining, Coal Mining and Metal Mining. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Mining Automation Market will Hit $7 Billion by 2028, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Caterpillar, Inc., Hexagon AB, Hitachi Construction Machinery Co., Ltd., Komatsu Ltd., Sandvik AB, Liebherr-International AG, Rockwell Automation, Inc., Siemens AG, Trimble, Inc. and Autonomous Solutions, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Software
- Equipment
- Services
By Technique
- Underground Mining
- Surface Mining
By Application
- Mineral Mining
- Coal Mining
- Metal Mining
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Caterpillar, Inc.
- Hexagon AB
- Hitachi Construction Machinery Co., Ltd.
- Komatsu Ltd.
- Sandvik AB
- Liebherr-International AG
- Rockwell Automation, Inc.
- Siemens AG
- Trimble, Inc.
- Autonomous Solutions, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Mining Automation Market, by Offering
1.4.2 Europe Mining Automation Market, by Technique
1.4.3 Europe Mining Automation Market, by Application
1.4.4 Europe Mining Automation Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Oct – 2022, Dec) Leading Players
Chapter 4. Europe Mining Automation Market by Offering
4.1 Europe Software Market by Country
4.2 Europe Equipment Market by Country
4.3 Europe Services Market by Country
Chapter 5. Europe Mining Automation Market by Technique
5.1 Europe Underground Mining Market by Country
5.2 Europe Surface Mining Market by Country
Chapter 6. Europe Mining Automation Market by Application
6.1 Europe Mineral Mining Market by Country
6.2 Europe Coal Mining Market by Country
6.3 Europe Metal Mining Market by Country
Chapter 7. Europe Mining Automation Market by Country
7.1 Germany Mining Automation Market
7.1.1 Germany Mining Automation Market by Offering
7.1.2 Germany Mining Automation Market by Technique
7.1.3 Germany Mining Automation Market by Application
7.2 UK Mining Automation Market
7.2.1 UK Mining Automation Market by Offering
7.2.2 UK Mining Automation Market by Technique
7.2.3 UK Mining Automation Market by Application
7.3 France Mining Automation Market
7.3.1 France Mining Automation Market by Offering
7.3.2 France Mining Automation Market by Technique
7.3.3 France Mining Automation Market by Application
7.4 Russia Mining Automation Market
7.4.1 Russia Mining Automation Market by Offering
7.4.2 Russia Mining Automation Market by Technique
7.4.3 Russia Mining Automation Market by Application
7.5 Spain Mining Automation Market
7.5.1 Spain Mining Automation Market by Offering
7.5.2 Spain Mining Automation Market by Technique
7.5.3 Spain Mining Automation Market by Application
7.6 Italy Mining Automation Market
7.6.1 Italy Mining Automation Market by Offering
7.6.2 Italy Mining Automation Market by Technique
7.6.3 Italy Mining Automation Market by Application
7.7 Rest of Europe Mining Automation Market
7.7.1 Rest of Europe Mining Automation Market by Offering
7.7.2 Rest of Europe Mining Automation Market by Technique
7.7.3 Rest of Europe Mining Automation Market by Application
Chapter 8. Company Profiles
8.1 Siemens AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Caterpillar, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.3 Hexagon AB
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.4 Komatsu Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.4.4.2 Acquisition and Mergers:
8.5 Sandvik AB
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.5.5.3 Geographical Expansions:
8.6 Liebherr-International AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Research & Development Expenses
8.6.4 Recent strategies and developments:
8.6.4.1 Geographical Expansions:
8.7 Rockwell Automation, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Trimble, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.9 Hitachi Construction Machinery Co., Ltd.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.10. Autonomous Solutions, Inc.
8.10.1 Company Overview
TABLE 1 Europe Mining Automation Market, 2018 - 2021, USD Million
TABLE 2 Europe Mining Automation Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Mining Automation Market
TABLE 4 Product Launches And Product Expansions– Mining Automation Market
TABLE 5 Acquisition and Mergers– Mining Automation Market
TABLE 6 geographical expansions – Mining Automation Market
TABLE 7 Europe Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 8 Europe Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 9 Europe Software Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Software Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Equipment Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Equipment Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 16 Europe Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 17 Europe Underground Mining Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Underground Mining Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Surface Mining Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Surface Mining Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 22 Europe Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 23 Europe Mineral Mining Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Mineral Mining Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Coal Mining Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Coal Mining Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Metal Mining Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Metal Mining Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Mining Automation Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Mining Automation Market by Country, 2022 - 2028, USD Million
TABLE 31 Germany Mining Automation Market, 2018 - 2021, USD Million
TABLE 32 Germany Mining Automation Market, 2022 - 2028, USD Million
TABLE 33 Germany Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 34 Germany Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 35 Germany Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 36 Germany Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 37 Germany Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 38 Germany Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 39 UK Mining Automation Market, 2018 - 2021, USD Million
TABLE 40 UK Mining Automation Market, 2022 - 2028, USD Million
TABLE 41 UK Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 42 UK Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 43 UK Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 44 UK Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 45 UK Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 46 UK Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 47 France Mining Automation Market, 2018 - 2021, USD Million
TABLE 48 France Mining Automation Market, 2022 - 2028, USD Million
TABLE 49 France Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 50 France Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 51 France Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 52 France Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 53 France Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 54 France Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 55 Russia Mining Automation Market, 2018 - 2021, USD Million
TABLE 56 Russia Mining Automation Market, 2022 - 2028, USD Million
TABLE 57 Russia Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 58 Russia Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 59 Russia Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 60 Russia Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 61 Russia Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 62 Russia Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 63 Spain Mining Automation Market, 2018 - 2021, USD Million
TABLE 64 Spain Mining Automation Market, 2022 - 2028, USD Million
TABLE 65 Spain Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 66 Spain Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 67 Spain Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 68 Spain Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 69 Spain Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 70 Spain Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 71 Italy Mining Automation Market, 2018 - 2021, USD Million
TABLE 72 Italy Mining Automation Market, 2022 - 2028, USD Million
TABLE 73 Italy Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 74 Italy Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 75 Italy Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 76 Italy Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 77 Italy Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 78 Italy Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Mining Automation Market, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Mining Automation Market, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 87 Key Information – Siemens AG
TABLE 88 key information – Caterpillar, Inc.
TABLE 89 Key information – Hexagon AB
TABLE 90 Key Information – Komatsu Ltd.
TABLE 91 Key Information – Sandvik AB
TABLE 92 Key Information – Liebherr-International AG
TABLE 93 Key information – Rockwell Automation, Inc.
TABLE 94 Key Information – Trimble, Inc.
TABLE 95 Key Information – Hitachi Construction Machinery Co., Ltd.
TABLE 96 key information – Autonomous Solutions, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Oct – 2022, Dec) Leading Players
FIG 5 Swot analysis: Siemens AG
FIG 6 Recent strategies and developments: Caterpillar, Inc.
FIG 7 Recent strategies and developments: Hexagon AB
FIG 8 Recent strategies and developments: Sandvik AB