May 1, 2020

Smart Mining: Make Your Mine Digital

Smart mines with already incorporated technologies can automate their operations quickly than those who are lagging in technological adoption. By the implementation of advanced technologies, mining operators can expand their current wireless network of embedded sensors. For instance, the installation of automation software enables the operator to monitor static and moving assets remotely and program automated interaction between both.

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Some of the key players influencing the Smart Mining Industry are

· ABB Ltd.

· Alastri

· Caterpillar Inc.

· Intellisense.io

· Hexagon AB

· Hitachi, Ltd.

· MineSense

· Rockwell Automation, Inc.

· SAP SE

· Trimble Inc.

Smart mining refers to the use of technology, information, and autonomy to facilitate high productivity, improved safety, and low operational costs during mining. Mining companies are focusing on improving productivity by offering innovative software and solutions that raise demand for the smart mining market.

The increasing penetration of advanced technology also the industry is projected to cut down high costs of the workforce, and hence, result in considerable cost optimization. These factors are boosting the demand for the smart mining market. Smart mines with already incorporated technologies can automate their operations quickly than those who are lagging in technological adoption. By the implementation of advanced technologies, mining operators can expand their current wireless network of embedded sensors.

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Increasing demand for minerals and metals leads to increasing the expansion of mining activity that drives the growth of the smart mining market. Rising adoption of autonomous equipment, increased concerns about safety and security, growing environmental concerns are boosting the growth of the smart mining market. Furthermore, smart mining technology is considerably safer and environment-friendly as compared to traditional mining technology.

The "Global Smart Mining Market Analysis To 2027" is a specialized and in-depth study of the Smart Mining industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Smart Mining market with detailed market segmentation by type, end-user, and geography. The global Smart Mining market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Smart Mining market players and offers key trends and opportunities in the Smart Mining market.