The Study discussed brief overview and in-depth assessment on Global Mining Automation Market 2018 including key market trends,upcoming technologies,industry drivers,challenges,regulatory policies,with key company profiles and overall competitive scenario.The market study can help them to make critical business decisions on production techniques,raw materials procurement,and to increase industry chain cycle of market across the globe.
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.
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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.
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.
Over the next five years, LPI(LP Information) projects that Mining Automation will register a 4.1% CAGR in terms of revenue, reach US$ 3200 million by 2023, from US$ 2510 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Mining Automation market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Underground Mining Automation
Surface Mining Automation
Segmentation by application:
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This report also splits the market by region:
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Remote Control Technologies
Mine Site Technologies
Some of Major Point From TOC of Global Mining Automation Market 2018
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Mining Automation Consumption 2013-2023
2.1.2 Mining Automation Consumption CAGR by Region
2.2 Mining Automation Segment by Type
2.2.1 Underground Mining Automation
2.2.2 Surface Mining Automation
2.3 Mining Automation Consumption by Type
2.3.1 Global Mining Automation Consumption Market Share by Type (2013-2018)
2.3.2 Global Mining Automation Revenue and Market Share by Type (2013-2018)
2.3.3 Global Mining Automation Sale Price by Type (2013-2018)
2.4 Mining Automation Segment by Application
2.4.1 Metal Mining
2.4.2 Mineral Mining
2.4.3 Coal Mining
2.5 Mining Automation Consumption by Application
2.5.1 Global Mining Automation Consumption Market Share by Application (2013-2018)
2.5.2 Global Mining Automation Value and Market Share by Application (2013-2018)
2.5.3 Global Mining Automation Sale Price by Application (2013-2018)
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