Global Mining Automation Market Analysis, Trends, and Forecasts Report 2019-2025

10/30/2019, 10:25 AM (Source: GlobeNewswire)

Dublin, Oct. 30, 2019 (GLOBE NEWSWIRE) -- The "Mining Automation - Market Analysis, Trends, and Forecasts" report has been added to's offering.

The Mining Automation market worldwide is projected to grow by US$1.3 Billion, driven by a compounded growth of 6.5%

Underground Mining, one of the segments analyzed and sized in this study, displays the potential to grow at over 7.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$2.5 Billion by the year 2025, Underground Mining will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 7.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$57.3 Million to the region's size and clout in the next 5 to 6 years. Over US$59.5 Million worth of projected demand in the region will come from the rest of the European markets.

In Japan, Underground Mining will reach a market size of US$189.2 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.2% over the next couple of years and add approximately US$217.5 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

  • AB Volvo
  • Atlas Copco AB
  • Autonomous Solutions, Inc. (ASI)
  • Caterpillar, Inc.
  • Fluidmesh Networks LLC
  • Hexagon AB
  • Hitachi Ltd.
  • Komatsu Mining Corp.
  • Micromine
  • MST Global
  • Remote Control Technologies.
  • RPMGlobal Holdings Ltd.
  • Sandvik AB
  • Symboticware
  • Trimble, Inc.

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