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Published: Dec, 2019 | Pages:
80 | Publisher: Grand View Research
Industry: Materials | Report Format: Electronic (PDF)
The global digital mining market size is expected to reach USD 20.0 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 13.2% over the forecast period. Growing adoption of automation platforms in mining exploration activities is projected to remain a key factor over the forecast period. The mining sector is witnessing a prominent growth owing to the increased penetration of digitization for activities including mineral exploration to downstream sales. Moreover, it assists in safety and health and reduces the environmental impact in the sector. Automation and robotics in this sector are likely to offer numerous opportunities owing to the growing replacement of human-controlled machinery with digital hardware enabled tools. Komatsu is a leading mining and construction equipment provider and is also known for the development of new and innovative mining platforms. In September 2019, Komatsu announced a collaboration with BHP for its Pilbara operations in Western Australia. Under this deal, Komatsu will deploy 41 automated haul trucks at iron operations in Pilbara. The non-ferrous metals segment is expected to register the highest CAGR of 13.6% from 2019 to 2025. Global demand for rechargeable batteries and electric vehicles is expected to drive the growth of the non-ferrous mining sector. In addition, this sector is also witnessing increased spending on digital solutions. For instance, Hindustan Zinc, a leading player in the zinc industry, has collaborated with Sandvik to boost its productivity through digitization of operations and activities. Artificial intelligence, blockchain, and digital twin are some of the key technologies that are projected to attract new investments in the market. Recently, MineHub Technologies launched a new IBM blockchain-based platform to improve logistics and operational efficiency and reduce costs in the high value mineral supply chain. Further key findings from the report suggest: • Automation and robotics technology held the largest market share of 43.3% in 2018. Efforts toward increasing productivity and need to ensure safety of workers are the key factors driving the growth of the segment • Other emerging technologies such as artificial intelligence, blockchain, and digital twin are likely to register a CAGR of 13.3% from 2019 to 2025. Rising R&D spending on these technologies is anticipated to remain a key factor driving the growth of these technologies • The iron and ferro alloys segment accounted for a market share of 35.2% in 2018. Rise in production of steel and related products and growing consumer demand result in an increase in digital investments in this segment • The precious metals segment is projected to register a CAGR of 12.3% from 2019 to 2025. Increasing spending by gold companies on digitization of exploration activities is driving the growth of this segment • Asia Pacific is projected to continue its dominance in the market and is anticipated to register a CAGR of 14.4% over the forecast period. The sheer size of the mining sector and the increasing adoption of digital technologies are the key factors driving the growth of the regional market • The key vendors in the market include Komatsu; Caterpillar; IBM; Rockwell Automation Inc.; GE; Siemens; Sandvik; and SAP. Major players in this market focus on collaborating with mining giants such as BHP, Rio Tinto, and Vale SA.
Table of Contents
Chapter 1 Methodology and Scope
1.1 Market segmentation & scope
1.2 Market definition
1.3 List of data sources
1.4 Information procurement
1.5 Information analysis
1.6 Market formulation & data visualization
1.7 Data validation & publishing
Chapter 2 Executive Summary
2.1 Market outlook
2.2 Segmental outlook
Chapter 3 Digital Mining Market Variables, Trends & Scope
3.1 Global metal & minerals mining outlook
3.2 Penetration & growth prospect mapping
3.3 Industry value chain analysis
3.4 Manufacturing trends in mining sector
3.5 Market dynamics
3.5.1 Market driver analysis
3.5.1.1 Growing mining output
3.5.1.2 Increasing safety requirements associated with mine & laborers
3.5.2 Market restraint analysis
3.5.3 Industry challenges
3.6 Digital mining market - Business environment analysis
3.6.1 Industry analysis - Porter's
3.6.2 PESTEL analysis
Chapter 4 Digital Mining Market: Technology Estimates & Trend Analysis
4.1 Definition & scope
4.2 Technology movement analysis & market share, 2018 & 2025
4.3 Automation & robotics
4.3.1 Digital mining market estimates and forecasts in automation & robotics, 2014 - 2025 (USD Million)
4.4 Real time analytics
4.4.1 Digital mining market estimates and forecasts in real time analytics, 2014 - 2025 (USD Million)
4.5 Cybersecurity
4.5.1 Digital mining market estimates and forecasts in cybersecurity, 2014 - 2025 (USD Million)
4.6 Others
4.6.1 Digital mining market estimates and forecasts in other technologies, 2014 - 2025 (USD Million)
Chapter 5 Digital Mining Market: Application Estimates & Trend Analysis
5.1 Definition & scope
5.2 Application movement analysis & market share, 2018 & 2025
5.3 Iron & ferro alloys
5.3.1 Digital mining market estimates and forecasts in iron & ferro alloys, 2014 - 2025 (USD Million)
5.4 Non-ferrous metals
5.4.1 Digital mining market estimates and forecasts in non-ferrous metals, 2014 - 2025 (USD Million)
5.5 Precious metals
5.5.1 Digital mining market estimates and forecasts in precious metals, 2014 - 2025 (USD Million)
Chapter 6 Digital Mining Market: Regional Estimates & Trend Analysis
6.1 Regional market snapshot
6.2 Regional movement analysis, 2018 & 2025
6.3 North America
6.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.3.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.3.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.3.4 U.S.
6.3.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.3.4.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.3.4.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.3.5 Canada
6.3.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.3.5.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.3.5.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.3.6 Mexico
6.3.6.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.3.6.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.3.6.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.4 Europe
6.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.4.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.4.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.4.4 Russia
6.4.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.4.4.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.4.4.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.4.5 Turkey
6.4.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.4.5.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
5.4.5.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.5 Asia Pacific
6.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.5.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.5.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.5.4 China
6.5.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.5.4.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.5.4.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.5.5 Australia
6.5.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.5.5.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.5.5.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.5.6 India
6.5.6.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.5.6.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.5.6.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.5.7 Indonesia
6.5.7.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.5.7.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.5.7.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.6 Central & South America
6.6.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.6.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.6.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.6.4 Brazil
6.6.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.6.4.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.6.4.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.6.5 Chile
6.6.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.6.5.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.6.5.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.7 Middle East & Africa
6.7.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.7.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.7.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
6.7.4 South Africa
6.7.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
6.7.4.2 Market estimates and forecasts, by technology, 2014 - 2025 (USD Million)
6.7.4.3 Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Chapter 7 Competitive Analysis
7.1 Key global players & recent developments & their impact on the industry
7.2 Vendor landscape
7.2.1 List of key channel partners
7.2.2 Customer mapping, by region
7.3 SWOT, by top players
Chapter 8 Company Profiles
8.1 Caterpillar
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product benchmarking
8.1.4 Strategic initiatives
8.2 Sandvik AB
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product benchmarking
8.2.4 Strategic initiatives
8.3 SAP
8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Product benchmarking
8.3.4 Strategic initiatives
8.4 ABB
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Product benchmarking
8.4.4 Strategic initiatives
8.5 Rockwell Automation, Inc.
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product benchmarking
8.5.4 Strategic initiatives
8.6 GE
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Product benchmarking
8.6.4 Strategic initiatives
8.7 Siemens
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product benchmarking
8.7.4 Strategic initiatives
8.8 Komatsu Mining Corp
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Product benchmarking
8.8.4 Strategic initiatives
8.9. IBM
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Product benchmarking
8.9.4 Strategic initiatives
8.10 Hexagon AB
8.10.1 Company overview
8.10.2 Financial performance
8.10.3 Product benchmarking
List of Tables Table 1 Digital mining market estimates and forecasts in automation & robotics, 2014 - 2025 (USD Million) Table 2 Digital mining market estimates and forecasts in real time analytics, 2014 - 2025 (USD Million) Table 3 Digital mining market estimates and forecasts in cybersecurity, 2014 - 2025 (USD Million) Table 4 Digital mining market estimates and forecasts in other technologies, 2014 - 2025 (USD Million) Table 5 Digital mining market estimates and forecasts in iron & ferrous alloys, 2014 - 2025 (USD Million) Table 6 Digital mining market estimates and forecasts in non-ferrous alloys, 2014 - 2025 (USD Million) Table 7 Digital mining market estimates and forecasts in precious metals, 2014 - 2025 (USD Million) Table 8 North America digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 9 North America digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 10 North America digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 11 U.S. digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 12 U.S. digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 12 U.S. digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 13 Canada digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 14 Canada digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 15 Canada digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 16 Mexico digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 17 Mexico digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 18 Mexico digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 19 Europe digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 20 Europe digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 21 Europe digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 22 Russia digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 23 Russia digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 24 Russia digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 25 Turkey digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 26 Turkey digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 27 Turkey digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 28 Asia Pacific digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 29 Asia Pacific digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 30 Asia Pacific digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 31 China digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 32 China digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 33 China digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 34 Australia digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 35 Australia digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 36 Australia digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 37 India digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 38 India digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 39 India digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 40 Indonesia digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 41 Indonesia digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 42 Indonesia digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 43 Central & South America digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 44 Central & South America digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 45 Central & South America digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 46 Brazil digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 47 Brazil digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 48 Brazil digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 49 Chile digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 50 Chile digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 51 Chile digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 52 Middle East & Africa digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 53 Middle East & Africa digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 54 Middle East & Africa digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million) Table 55 South Africa digital mining market estimates and forecasts, 2014 - 2025 (USD Million) Table 56 South Africa digital mining market estimates and forecasts, by technology, 2014 - 2025 (USD Million) Table 57 South Africa digital mining market estimates and forecasts, by application, 2014 - 2025 (USD Million)
List of Figures Fig. 1 Digital mining market segmentation Fig. 2 Information procurement Fig. 3 Data analysis models Fig. 4 Market formulation and validation Fig. 5 Data validating & publishing Fig. 6 Segment outlook Fig. 7 Competitive Insights Fig. 8 Digital mining market revenue, 2014 - 2025 (USD Million) Fig. 9 Industry value chain analysis Fig. 10 Porter's analysis Fig. 11 PESTEL analysis Fig. 12 Digital mining market: Technology movement analysis, 2018 & 2025 Fig. 13 Digital mining market: Application movement analysis, 2018 & 2025 Fig. 14 Digital mining market: Regional snapshot
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