The Latin America, Middle East and Africa Mining Automation Market would witness market growth of 9.1% CAGR during the forecast period (2022-2028).
The market for mining automation is predicted to be driven by the creation of durable technology-based vehicles, like autonomous trucks and teleoperated mining equipment. In addition, significant advances in hardware automation technology are expected to continue streamlining the large-scale mining sector. It is anticipated that growing consumer demand for metals such as copper, zinc, lead, and nickel will contribute to the development of the mining automation industry. To satisfy the rising demand for base metals, the metal mining sector needs more and more automated methods.
"Connected mining" refers to using technology to improve mine site productivity, safety, and operational expenses. Hence, connected mining, a combination of automation, IT, and instrumentation technologies, seems to be the outcome of developments in the mining industry's existing technology. This integrated operations technology expedites and simplifies the processes of planning, mine surveying, extraction, exploration, and analysis through software that provides real-time information, thereby providing an accurate depiction of the mine environment and the availability of resources.
The Gulf nations are economically advanced, whereas the African states have yet to catch up to the Gulf states regarding economic development. The Middle East and Africa (MEA) is the world's largest center for mineral mining (diamond, gold, and phosphate) and oil & gas operations; mineral mining is a burgeoning business that offers tremendous prospects for astute mining, resources, and infrastructure corporations. The Gulf states are eager to diversify their economies, lessen their reliance on oil and gas, and provide jobs for their young, rapidly expanding population. The future of Middle Eastern and African mining is bright. However, much of the Middle East has not yet been explored with modern techniques and equipment.
The Brazil market dominated the LAMEA Mining Automation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $123.3 Million by 2028. The Argentina market is experiencing a CAGR of 9.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Mining Automation Market is Projected to reach USD 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Mining Automation Market, by Offering
1.4.2 LAMEA Mining Automation Market, by Technique
1.4.3 LAMEA Mining Automation Market, by Application
1.4.4 LAMEA 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. LAMEA Mining Automation Market by Offering
4.1 LAMEA Software Market by Country
4.2 LAMEA Equipment Market by Country
4.3 LAMEA Services Market by Country
Chapter 5. LAMEA Mining Automation Market by Technique
5.1 LAMEA Underground Mining Market by Country
5.2 LAMEA Surface Mining Market by Country
Chapter 6. LAMEA Mining Automation Market by Application
6.1 LAMEA Mineral Mining Market by Country
6.2 LAMEA Coal Mining Market by Country
6.3 LAMEA Metal Mining Market by Country
Chapter 7. LAMEA Mining Automation Market by Country
7.1 Brazil Mining Automation Market
7.1.1 Brazil Mining Automation Market by Offering
7.1.2 Brazil Mining Automation Market by Technique
7.1.3 Brazil Mining Automation Market by Application
7.2 Argentina Mining Automation Market
7.2.1 Argentina Mining Automation Market by Offering
7.2.2 Argentina Mining Automation Market by Technique
7.2.3 Argentina Mining Automation Market by Application
7.3 UAE Mining Automation Market
7.3.1 UAE Mining Automation Market by Offering
7.3.2 UAE Mining Automation Market by Technique
7.3.3 UAE Mining Automation Market by Application
7.4 Saudi Arabia Mining Automation Market
7.4.1 Saudi Arabia Mining Automation Market by Offering
7.4.2 Saudi Arabia Mining Automation Market by Technique
7.4.3 Saudi Arabia Mining Automation Market by Application
7.5 South Africa Mining Automation Market
7.5.1 South Africa Mining Automation Market by Offering
7.5.2 South Africa Mining Automation Market by Technique
7.5.3 South Africa Mining Automation Market by Application
7.6 Nigeria Mining Automation Market
7.6.1 Nigeria Mining Automation Market by Offering
7.6.2 Nigeria Mining Automation Market by Technique
7.6.3 Nigeria Mining Automation Market by Application
7.7 Rest of LAMEA Mining Automation Market
7.7.1 Rest of LAMEA Mining Automation Market by Offering
7.7.2 Rest of LAMEA Mining Automation Market by Technique
7.7.3 Rest of LAMEA 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 LAMEA Mining Automation Market, 2018 - 2021, USD Million
TABLE 2 LAMEA 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 LAMEA Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 8 LAMEA Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 9 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Equipment Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Equipment Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 16 LAMEA Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 17 LAMEA Underground Mining Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Underground Mining Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Surface Mining Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Surface Mining Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 22 LAMEA Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 23 LAMEA Mineral Mining Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Mineral Mining Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Coal Mining Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Coal Mining Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Metal Mining Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Metal Mining Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Mining Automation Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Mining Automation Market by Country, 2022 - 2028, USD Million
TABLE 31 Brazil Mining Automation Market, 2018 - 2021, USD Million
TABLE 32 Brazil Mining Automation Market, 2022 - 2028, USD Million
TABLE 33 Brazil Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 34 Brazil Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 35 Brazil Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 36 Brazil Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 37 Brazil Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 38 Brazil Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 39 Argentina Mining Automation Market, 2018 - 2021, USD Million
TABLE 40 Argentina Mining Automation Market, 2022 - 2028, USD Million
TABLE 41 Argentina Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 42 Argentina Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 43 Argentina Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 44 Argentina Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 45 Argentina Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 46 Argentina Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 47 UAE Mining Automation Market, 2018 - 2021, USD Million
TABLE 48 UAE Mining Automation Market, 2022 - 2028, USD Million
TABLE 49 UAE Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 50 UAE Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 51 UAE Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 52 UAE Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 53 UAE Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 54 UAE Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Mining Automation Market, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Mining Automation Market, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 63 South Africa Mining Automation Market, 2018 - 2021, USD Million
TABLE 64 South Africa Mining Automation Market, 2022 - 2028, USD Million
TABLE 65 South Africa Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 66 South Africa Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 67 South Africa Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 68 South Africa Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 69 South Africa Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 70 South Africa Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 71 Nigeria Mining Automation Market, 2018 - 2021, USD Million
TABLE 72 Nigeria Mining Automation Market, 2022 - 2028, USD Million
TABLE 73 Nigeria Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 74 Nigeria Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 75 Nigeria Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 76 Nigeria Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 77 Nigeria Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 78 Nigeria Mining Automation Market by Application, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Mining Automation Market, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Mining Automation Market, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Mining Automation Market by Offering, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Mining Automation Market by Offering, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Mining Automation Market by Technique, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Mining Automation Market by Technique, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Mining Automation Market by Application, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA 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