Automated Mining Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Mining Automation Equipment Market Share and it is segmented by Component (Hardware (Excavators, Load Haul Dump, Robotic truck, Drillers and Breakers), Software, and Services), and Geography.

Automated Mining Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automated Mining Equipment Industry Overview

Automated Mining Equipment remains a consolidated market with a few significant players owning a considerable market share. However, with the market's overall size, expanding the market attracts new players, who have actively entered the market only recently. Some of the recent developments in the market are.

  • September 2021 - ABB has launched ABB Ability eMine, a portfolio of solutions that will help accelerate the move towards a zero-carbon mine. ABB also unveiled the piloting of the ABB Ability eMine FastCharge, the fastest and most powerful charging system, designed to interface with all makes of electric mining haul trucks. eMine comprises a portfolio of electrification technologies that make the all-electric mine possible from mine to port and are integrated with digital applications and services to monitor and optimize energy usage.
  • November 2020 - ABB launched the ABB Ability Safety Plus for hoists, a suite of mine hoist safety. The products include Safety Plus Hoist Monitor, Safety Plus Hoist Protector, and Safety Plus Brake System, including Safety Brake Hydraulics. The products are designed following the international safety of machinery standard IEC62061, and the products have been independently certified by Sweden's research institute, RISE. ABB Ability Safety Plus for hoists includes the new ABB SIL 3 Safety Plus Brake System, the mining industry's first entirely independently certified Safety Integrity Level 3 mine hoist system.

Automated Mining Equipment Market Leaders

  1. Rockwell Automation Inc.

  2. Trimble Inc.

  3. Autonomous Solutions Inc.

  4. ABB Ltd

  5. Hexagon AB

  6. *Disclaimer: Major Players sorted in no particular order
Automated Mining Equipment Market Concentration