The extraction of raw materials from the crust of the earth in a variety of sizes, shapes, and chemical compositions is known as mining. The difficulty of turning it into a standardised, high-quality finished product has forced the sector to choose solutions that increase productivity and efficiency. Mines are frequently found in isolated locations, so implementing automation improves resource utilisation.
Technologies that are autonomous have some advantages that cannot be ignored. These have an effect on the entire mining value chain as well as industries that depend on mining for their raw material needs. With the proper implementation, automation technologies are expected to quickly result in significant increases in productivity and decreases in costs for the businesses that use them.
Additionally, mining firms around the world are utilising technological advancements quickly to make better use of their equipment and human resources to increase safety. For instance, Israel Aerospace Industries (IAI) and logistics company Bis announced their partnership in September 2020 for “Auto-mate,” a new joint venture to provide autonomous systems for mining operations. IAI asserts that the JV will probably grant mining industry participants access to the advantages of automation in their operations, which boosts productivity and safety.
It is anticipated that the industry will gain from a significant improvement in safety procedures. It is easier to address risk areas and create SOPs to reduce those risks when processes and operating procedures are identified. Moreover, mining companies can send fewer miners underground while extracting a higher output with less risk to their workers by using automated equipment that can be manoeuvred into hazardous areas and difficult locations. For instance, Randgold Resources decreased the quarter-to-quarter injury rate by 29% after implementing autonomous technologies in several African mines.
For More Insights Download Sample Copy Autonomous Mining Equipment And Vehicles Market
Global Autonomous Mining Equipment and Vehicles Market: Major Players
ABB Ltd
Hexagon
Hitachi
AB Volvo
Trimble Inc.
Atlas Copco
Komatsu
Sandvik
Caterpillar
Autonomous Solutions Inc.
Rockwell Automation
Global Autonomous Mining Equipment and Vehicles Market: By Types
Autonomous Hauling/Mining Trucks
Autonomous Drilling Rigs
Underground LHD Loaders
Tunneling Equipment
Others
Global Autonomous Mining Equipment and Vehicles Market: By Applications
Metal
Coal
Others
To View Detail Report: https://analyticsmarketresearch.com/reports/autonomous-mining-equipment-and-vehicles-market/27405/
Global Autonomous Mining Equipment and Vehicles Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Autonomous Mining Equipment and Vehicles market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Frequently Asked Questions (FAQ):
What is the current size of the global mining machinery market?
How is the global mining machinery market shaping up? What role has COVID-19 played in the market?
Many companies are operating in the mining machinery market space across the globe. Do you know who are the front leaders, and what strategies have been adopted by them?
How is the demand for mining machinery varies by region?
Which are the key technologies at present in the mining machinery industry? How would the demand shift in future?
Analytics Market Research
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
Contact Us:
Analytics Market Research
Phone: +1(650)-666-4592
