Mining Automation Market SWOT Analysis, Segmentation, Applications & Emerging Audience Till 2026
Mining automation refers to highly efficient
autonomous equipment installation that enhances productivity and improves
safety.
The market for global mining automation is
expected to witness significant growth due to increased need for safety, higher
productivity, and increased energy efficiency requirement and environmental
sustainability. According to a Fatal Accidents in the Mining Industry Report,
by Government of Western Australia Department of Mines and Petroleum, there
were 52 fatal accidents over the period (2000–2012), in which 17 were
underground and 35 were on the surface. Mining was primarily considered as a
high risk job due to exposure to harmful vapors, flammable gases, unbalanced
materials, susceptibility to fires and roof collapses, leading to serious
threat to human lives. Most conventional systems are not adept at detecting the
presence of the target material that needs to be mined and also any such
hazards that might be lurking beneath the surface, without human intervention.
Mining automation technology helps in detection of dangerous areas in
underground mining by sending drones or robots, which collects samples and make
a model for best outcome before attempting. Thus mining automation reduce
unnecessary expenditure, avoid waste, incorporate operation and faster
production rate. Deployment of automation aids in improving safety in mines as
it requires less human intervention. For example, Penguin System is robotic
system used for determining exact path to follow within a rock mass in
real-time, with the help of synthetic rocks, for ensuring safety of workers and
replacing manual labor. Automated underground vehicles based on laser
technology, can be utilized to monitor leg pressure and analyze performance.
Thus, mining automation enhances individual safety of mine workers.
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Additionally, driverless haulage trucks,
semi-automatic load haul dump truck (LHD), automatic load haul dump truck
(LHD), and environmental monitoring systems, among others, are key equipment
used in mining automation. Radio Frequency Identification System (RFID), Real
Time Sensing System (RTSS), and wireless mesh networking technology with Real
Time Locating System (RTLS) are used for better communication in underground
mines.
The key factor that is expected to restrain
growth of global mining automation market is reduction of natural resources.
Mining Automation Market Taxonomy
On the basis of product type, the global
mining automation market is segmented into:
- Equipment
- Smart
Ventilations System
- Autonomous
Hauling Truck
- Pumping
Stations
- Autonomous
Drilling Rig
- Underground
LHD Loader
- Tunneling
Equipment
- Others
- Software
- Fleet
Management
- Workforce
Management
- Proximity
Detection and Collision Avoidance System
- Remote
Operating and Monitoring
- Air
Quality and Temperature Monitoring System
- Data
Management
- Others
- Communications
systems
- Wireless
Mesh Networks
- Navigation
System
- Radio-Frequency
Identification (RFID)
On the basis of technology, the global mining
automation market is segmented into:
- Surface
Mining Technique
- Underground
Mining Technique
On the basis of workflow, the global mining
automation market is segmented into:
- Mine
development
- Mining
process
- Mine
maintenance
Mining Automation Market: Regional Insights
The global mining automation market is
segmented on the basis of regions into North America, Europe, Asia Pacific,
Latin America, Middle East, and Africa. The market for mining automation in
Asia Pacific accounted for largest share in the global market in 2016. This
growth is attributed to increasing exploration activities in Australia and
presence of leading mining companies, which includes Rio Tinto, Fortescue
Metals Group, and BHP Billiton. According to Mining.com a leading digital
publication covering the global mining sector, among minerals gold is the
leading sector accounted 45% of the total exploration expenditure in 2016, but
from 2017 expenditure in base materials such as copper, nickel, and zinc among
others are increasing. In 2017, Australian government announced to invest US$
79.8 million to small and medium sized mining companies for encouraging
exploration.
Moreover, Western Australia have already been
started using automated mining equipment. For example, The Morobe Mining Joint
Venture (MMJV) set up a new flotation control system that aids in adjustment of
mass balances. The Australian Centre for Field Robotics (ACFR) collaborated
with Rio Tinto, for the establishment of the Rio Tinto Centre for Mine
Automation (RTCMA) in 2007 through to 2019. The purpose of RTCMA is to improve
and implement the visualization of an entirely autonomous, remotely operated
mine.
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According to the Government of Australia’s
Department of Industry report in 2014, Australia’s largest goods producing
industry is mining, contributing 8.3% towards GDP. Mining equipment and
technology & services recorded the strongest average annual growth in
business expenditure on R&D of 14.2%, over the period 2006–07 to 2011–12.
These are the factors for growth of the regional mining automation market.
Mining Automation Market: Competitive
Background
Major players operating in the global mining
automation market include Caterpillar, Inc., Komatsu Ltd., Sandvik, Atlas
Copco, Hexagon AB, Hitachi, Ltd., RPMGlobal Holdings Limited,
Trimble Inc., Autonomous Solutions Inc., Fluidmesh Networks LLC, MST
Global, and Symboticware Inc.
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