Report Description
The global mining automation software market size is anticipated to expand at a substantial CAGR during the forecast period, between 2020 and 2027. Mining, which was initially considered a hazardous job has now turned into a much safer occupation with the development of automation and communication techniques in the mining industry.
In order to improve productivity mining companies are implementing mining automation software, as it allows administrators to analyze process workflow more effectively. Mining software reduces manpower, enhances productivity, and improves the safety of the work environment inside mines, which is anticipated to drive the adoption of mining automation software during the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing need for optimizing production costs, changing the mining work environment, and reducing human intervention are driving the mining automation software market.
- Rising investments in digital technologies, such as human-machine interaction and analytics, which is anticipated to fuel the market.
- Novel technologies are challenging the feasibility of traditional drilling and exploration processes, thereby creating lucrative opportunities for the adoption of mining automation software in end-use industries.
- Growing focus on proving safer environment for mining employees is expected to create opportunities in the coming years for mining automation software providers.
- Depletion of natural resources is anticipated to hamper the market during the forecast period.
- Key market players are focusing on product launches to sustain in the competitive environment. For instance, Australia based RPMGlobal Holdings Limited, a provider of mining software launched Coal Seam Aggregation software to expand its product portfolio in mining automation.
- Increasing government support and investments, and current initiatives such as the Digital Transformation Initiative (DFT) for the digital progression in the mining industry, are expected to boost the adoption of mining automation software.
Scope of Mining Automation Software Market Report
The report on the global mining automation software market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes
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Details
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Report Title
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Mining Automation Software Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2019
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Historic Data
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2017–2018
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Forecast Period
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2020–2027
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Segmentation
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Techniques (Underground Mining and Surface Mining), and Applications (Metal Mining, Mineral Mining, and Coal Mining)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
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Key Players Covered in the Report
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SAP AG; Maptek Pty Limited; INX Software Pty Ltd; Constellation Software Inc.; Hexagon AB; Minemax; ABB; acQuire Technology Solutions Pty Ltd; Dassault Systemes; ThreeDify Inc.; ARANZ Geo Ltd., and Micromine.
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Mining Automation Software Market Segment Insights
In the terms of techniques, the mining automation software market can be segmented into underground and surface mining. Working in underground mines is considered extremely precarious, which is driving the need for automation in underground mining operations. Moreover, major minerals are found under the earth’s crust, which is anticipated to drive the adoption of mining automation software for underground mining operations.
On the basis of applications, the market can be segregated into metal mining, mineral mining, and coal mining. Growing demand for metals such as zinc, nickel, lead, and copper by end-use industries is anticipated to fuel segment growth.
Additionally, rising adoption of autonomous techniques in metal exploration activities is anticipated to drive the adoption of mining software in the metal mining segment. The coal mining segment is expected to grow during the forecast period owing to the rising need to improve excavating conditions at coal exploration sites.
Based on regions, the global mining automation software market can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA). North America is expected to hold a key share of the market owing to the early adoption of the latest technologies and favorable government policies.
Growing opportunities for mineral exploration projected is estimated to fuel market growth in the Middle East and Africa (MEA). The market in Asia Pacific expected to grow significantly during the forecast period owing to the untapped potential for mineral exploration activities in countries such as India and China.
Segments
Techniques
- Underground Mining
- Surface Mining
Applications
- Metal Mining
- Mineral Mining
- Coal Mining
Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
Key Players
- SAP AG
- Maptek Pty Limited
- INX Software Pty Ltd
- Constellation Software Inc.
- Hexagon AB
- Minemax
- ABB
- acQuire Technology Solutions Pty Ltd
- Dassault Systemes
- ThreeDify Inc.
- ARANZ Geo Ltd.
- Micromine.
Competitive Landscape
Key players in the mining automation software market include SAP AG; Maptek Pty Limited; INX Software Pty Ltd; Constellation Software Inc.; Hexagon AB; Minemax; ABB; acQuire Technology Solutions Pty Ltd; Dassault Systemes; ThreeDify Inc.; ARANZ Geo Ltd.; and Micromine. Mergers & acquisitions, collaborations, agreements, and partnerships are some growth strategies adopted by these players to strengthen their geographical presence.
For instance, in February 2019, Australia-based mining software provider, Micromine, collaborated with the MinEx Cooperative Research Centre. With this collaboration, Micromine is projected to be the sole provider of information software solutions for the Cooperative Research Centers (CRC) Projects in Australia.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mining Automation Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mining Automation Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mining Automation Software Market - Supply Chain
4.5. Global Mining Automation Software Market Forecast
4.5.1. Mining Automation Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mining Automation Software Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Mining Automation Software Market Absolute $ Opportunity
5. Global Mining Automation Software Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Mining Automation Software Market Size and Volume Forecast by Applications
5.3.1. Metal Mining
5.3.2.
Mineral Mining
5.3.3.
Coal Mining
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Mining Automation Software Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Mining Automation Software Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Mining Automation Software Demand Share Forecast, 2019-2026
7. North America Mining Automation Software Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Mining Automation Software Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Mining Automation Software Market Size and Volume Forecast by Applications
7.4.1. Metal Mining
7.4.2.
Mineral Mining
7.4.3.
Coal Mining
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Mining Automation Software Demand Share Forecast, 2019-2026
8. Latin America Mining Automation Software Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Mining Automation Software Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Mining Automation Software Market Size and Volume Forecast by Applications
8.4.1. Metal Mining
8.4.2.
Mineral Mining
8.4.3.
Coal Mining
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Mining Automation Software Demand Share Forecast, 2019-2026
9. Europe Mining Automation Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Mining Automation Software Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Mining Automation Software Market Size and Volume Forecast by Applications
9.4.1. Metal Mining
9.4.2.
Mineral Mining
9.4.3.
Coal Mining
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Mining Automation Software Demand Share Forecast, 2019-2026
10. Asia Pacific Mining Automation Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Mining Automation Software Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Mining Automation Software Market Size and Volume Forecast by Applications
10.4.1. Metal Mining
10.4.2.
Mineral Mining
10.4.3.
Coal Mining
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Mining Automation Software Demand Share Forecast, 2019-2026
11. Middle East & Africa Mining Automation Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Mining Automation Software Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Mining Automation Software Market Size and Volume Forecast by Applications
11.4.1. Metal Mining
11.4.2.
Mineral Mining
11.4.3.
Coal Mining
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Mining Automation Software Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Mining Automation Software Market: Market Share Analysis
12.2. Mining Automation Software Distributors and Customers
12.3. Mining Automation Software Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. SAP AG
12.4.2.
Maptek Pty Limited
12.4.3.
INX Software Pty Ltd
12.4.4.
Constellation Software Inc.
12.4.5.
Hexagon AB
12.4.6.
Minemax
12.4.7.
ABB
12.4.8.
acQuire Technology Solutions Pty Ltd
12.4.9.
Dassault Systemes
12.4.10.
ThreeDify Inc.
12.4.11.
ARANZ Geo Ltd.
12.4.12.
Micromine.