Automation in the global mining industry is forecast to grow from a market value of 2.24 million U.S. dollars in 2017 to over four million U.S. dollars by 2026. Mining automation improves mine safety for miners and enhances productivity through autonomous equipment installation and software automation, in both underground and surface mining operations.
Market value of mining automation worldwide in 2017 and 2020 with a forecast for 2027
(in million U.S. dollars)
*Estimated.
**Forecast based on a CAGR of 5.4 percent between 2017 and 2026.
This statistic has been assembled using the press release from more than one edition of reports on this industry from the source.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Research and Markets. (October 15, 2022). Market value of mining automation worldwide in 2017 and 2020 with a forecast for 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1100756/global-mining-automation-market-size/
Research and Markets. "Market value of mining automation worldwide in 2017 and 2020 with a forecast for 2027 (in million U.S. dollars)." Chart. October 15, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1100756/global-mining-automation-market-size/
Research and Markets. (2022). Market value of mining automation worldwide in 2017 and 2020 with a forecast for 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1100756/global-mining-automation-market-size/
Research and Markets. "Market Value of Mining Automation Worldwide in 2017 and 2020 with a Forecast for 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 15 Oct 2022, https://www.statista.com/statistics/1100756/global-mining-automation-market-size/
Research and Markets, Market value of mining automation worldwide in 2017 and 2020 with a forecast for 2027 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1100756/global-mining-automation-market-size/ (last visited November 22, 2024)
Market value of mining automation worldwide in 2017 and 2020 with a forecast for 2027 (in million U.S. dollars) [Graph], Research and Markets, October 15, 2022. [Online]. Available: https://www.statista.com/statistics/1100756/global-mining-automation-market-size/
