Global Connected Mining Market Insights Report 2018

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Mar 20, 2018, 07:15 ET

DUBLIN, March 20, 2018 /PRNewswire/ --

The "Global Connected Mining Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.

This research estimates that the global connected mining market is anticipated to grow at a CAGR of 21% during the forecasted period.

Rising adoption of Internet of Things (IoT) and enhanced safety and security of mine workers majorly contributes to the growth of the global connected mining market during the forecast period. However, lack of qualified and skilled labor and high investment costs are the factors that restrains the growth of global connected mining market during forecast period.

Geographically, North America accounted for the largest market share in terms of revenue for the connected mining market in 2016 and is expected to dominate the market during the forecast period. The dominance of North America is witnessed due to increasing need for mineral ores, growing number of mining projects and strict government mandates. ROW is expected to be the fastest growing region for the connected mining market during the forecast period due to rising technological advancements and increasing demand for mine plants with remote surveillance and collaborated environment.

The growth in the global connected mining market is also influenced by the presence of major market players such as Cisco Systems Inc, ABB Group, Trimble Navigation Limited, Rockwell Automation, Hexagon AB, Symboticware Inc. and SAP SE. To gain competitive advantage, the major players adopt strategies, such as mergers & acquisitions, joint ventures, etc.

Key Topics Covered:

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Connected Mining Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.8. Competitive Analysis
2.9. Strategic Recommendations & Key Conclusions

3. Market Determinants
3.1. Market Drivers
3.1.1. Enhanced Safety and Security of Mine Workers
3.1.2. Improved Productivity & Cost Efficiency
3.1.3. Rising Adoption of Industrial Internet of Things
3.2. Market Restraints
3.2.1. Lack of Qualified and Skilled Labor
3.2.2. High Investment Cost
3.3. Market Opportunities
3.3.1. Accelerating Market for System Integrators
3.3.2. Evolution of Smart Mines
3.4. Market Challenges
3.4.1. Lack of R&D
3.4.2. Declining Natural Resource Reserves

4. Market Segmentation
4.1. Global Connected Mining Market By System and Solution
4.1.1. Market Definition and Scope
4.1.2. Decision Support Database & Estimation Methodology
4.1.3. Comparative Analysis Across Market Segments
4.1.4. Opportunity Matrix
4.1.5. Market Segmentation
4.1.5.1. Global Operational Data Processing and Analytics Market
4.1.5.2. Global Smart Assets Market
4.1.5.3. Global Smart Logistics Market
4.1.5.4. Global Smart Control Systems Market
4.1.5.5. Global Smart Safety and Security System Market
4.1.5.6. Global Remote Management Solution Market
4.2. Global Connected Mining Market By Service
4.3. Global Connected Mining Market By Method

5. Competitive Landscape
5.1. Key Strategies
5.1.1. List of Mergers and Acquisition
5.1.2. List of Joint Ventures
5.1.3. List of Product Launches
5.1.4. List of Partnerships

6. Geographic Analysis

7. Company Profiles

ABB Group (Switzerland)
Accenture (Ireland)
Alastri (Australia)
Caterpillar Inc. (U.S)
Cisco Systems (U.S.)
Hexagon Ab (Sweden)Overview
Hitachi Construction Machinery Co. Ltd. (Japan)
Intellisense (U.S.)
Joy Global Inc. (U.S.)
Komastu Ltd (Japan)
Rockwell Automation (U.S)
SAP Se (Germany)
Symboticware Inc. (Canada)
Thingworx (U.S)
Trimble Navigation Limited (U.S)

For more information about this report visit https://www.researchandmarkets.com/research/wxr46n/global_connected?w=5

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