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PUBLISHER: Grand View Research | PRODUCT CODE: 1493397
PUBLISHER: Grand View Research | PRODUCT CODE: 1493397
Digital Mining Market Size, Share & Trends Analysis Report By Technology (Automation & Robotics, Real-time Analytics), By Application (Iron & Ferro Alloys, Non-ferrous Metals), By Region, And Segment Forecasts, 2024 - 2030
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Digital Mining Market Growth & Trends:
The global digital mining market size is anticipated to reach USD 18.11 billion by 2030, registering a CAGR of 9.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising adoption of automation platforms in mining exploration activities is projected to remain a key factor driving the market growth. The mining sector is witnessing a prominent growth owing to increased penetration of digitization for activities including mineral exploration to downstream sales. Moreover, it assists in safety and health and reduces the environmental impact in the sector. Automation and robotics in this sector are likely to offer numerous opportunities owing to the growing replacement of human-controlled machinery with digital hardware-enabled tools.
Komatsu is a leading mining and construction equipment provider and is also known for the development of new and innovative mining platforms. In February 2023, Komatsu partnered with Cummins for optimization of mine maintenance. The companies have developed integrated remote equipment monitoring solutions, which will help improve maintenance execution, reduce unplanned stoppages, and extend component life. The non-ferrous metals segment is expected to register the highest CAGR of 10.1% from 2024 to 2030. Global demand for rechargeable batteries and electric vehicles (EVs) is expected to drive the growth of the non-ferrous mining sector.
In addition, this sector is witnessing increased spending on digital solutions. For instance, Hindustan Zinc, a leading player in the zinc industry, collaborated with Sandvik to boost its productivity through digitization of operations and activities. Artificial intelligence (AI), blockchain, and digital twins are some of the key technologies that are projected to attract new investments in the market. Recently, MineHub Technologies launched a new IBM blockchain-based platform to improve logistics and operational efficiency and reduce costs in the high-value mineral supply chain.
Digital Mining Market Report Highlights:
- In 2023, the automation & robotics segment had the highest revenue share. The need to improve the safety of workers and increase productivity during mining is expected to benefit market growth
- The iron and ferroalloys segment accounted for a market share of over 35% in 2023. A rise in the production of steel and related products and growing consumer demand result in increased digital investments in this segment
- The precious metals segment is projected to register a CAGR of 9.0% from 2024 to 2030. Increasing spending by gold companies on digitization of exploration activities is driving the segment growth
- Asia Pacific is projected to continue its dominance growing at a CAGR of 10.9% over the forecast period. The expansion of the mining sector and increasing adoption of digital technologies are the key factors driving the regional market growth
Product Code: GVR-4-68038-074-3
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Digital Mining Market Variables, Trends & Scope
- 3.1. Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Challenges
- 3.5.4. Industry Opportunities
- 3.6. Industry Analysis Tools
- 3.6.1. Porter's Five Forces Analysis
- 3.6.2. PESTEL Analysis
Chapter 4. Digital Mining Market: Technology Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2023 & 2030
- 4.2. Automation & Robotics
- 4.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3. Real-Time Analytics
- 4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Cybersecurity
- 4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Others
- 4.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Digital Mining Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Iron & Ferro Alloys
- 5.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3. Non-Ferrous Metals
- 5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Precious Metals
- 5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Digital Mining Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. Market Estimates and Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.2.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Key country dynamics
- 6.2.4.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.2.4.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.2.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Key country dynamics
- 6.2.5.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.2.5.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.2.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Key country dynamics
- 6.2.6.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.2.6.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.2.6.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Market Estimates and Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.3.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.3.4. Russia
- 6.3.4.1. Key country dynamics
- 6.3.4.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.3.4.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.3.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.3.5. Turkey
- 6.3.5.1. Key country dynamics
- 6.3.5.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.3.5.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.3.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Market Estimates and Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.4.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.4.4. China
- 6.4.4.1. Key country dynamics
- 6.4.4.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.4.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.4.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.4.5. Australia
- 6.4.5.1. Key country dynamics
- 6.4.5.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.5.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.4.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.4.6. India
- 6.4.6.1. Key country dynamics
- 6.4.6.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.6.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.4.6.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.4.7. Indonesia
- 6.4.7.1. Key country dynamics
- 6.4.7.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.7.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.4.7.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.5. Central & South America
- 6.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Market Estimates and Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.5.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Key country dynamics
- 6.5.4.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.4.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.5.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.5.5. Chile
- 6.5.5.1. Key country dynamics
- 6.5.5.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.5.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.5.5.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Market Estimates and Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.6.3. Market Estimates and Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. Key country dynamics
- 6.6.4.2. Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.6.4.3. Market Estimates & Forecasts, By Technology, 2018 - 2030 (USD Million)
- 6.6.4.4. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
Chapter 7. Digital Mining Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Ranking Analysis, 2023
- 7.4. Company Heat Map Analysis
- 7.5. Vendor Landscape
- 7.5.1. List of Technology Providers
- 7.5.2. List of Prominent End Users
- 7.6. Strategy Mapping
- 7.7. Company Profiles/Listings
- 7.7.1. Caterpillar
- 7.7.1.1. Participant's Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.1.4. Recent Developments
- 7.7.2. Sandvik AB
- 7.7.2.1. Participant's Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.2.4. Recent Developments
- 7.7.3. SAP
- 7.7.3.1. Participant's Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.3.4. Recent Developments
- 7.7.4. ABB
- 7.7.4.1. Participant's Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.4.4. Recent Developments
- 7.7.5. Rockwell Automation, Inc.
- 7.7.5.1. Participant's Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.5.4. Recent Developments
- 7.7.6. GE
- 7.7.6.1. Participant's Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.6.4. Recent Developments
- 7.7.7. Siemens
- 7.7.7.1. Participant's Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.7.4. Recent Developments
- 7.7.8. Komatsu Mining Corp.
- 7.7.8.1. Participant's Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.8.4. Recent Developments
- 7.7.9. IBM
- 7.7.9.1. Participant's Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.9.4. Recent Developments
- 7.7.10. Hexagon AB
- 7.7.10.1. Participant's Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Product Benchmarking
- 7.7.10.4. Recent Developments
- 7.7.1. Caterpillar
Product Code: GVR-4-68038-074-3
List of Tables
- Table 1 Digital mining market estimates and forecasts, 2018 - 2030 (USD Million)
- Table 2 Digital mining market estimates and forecasts, by automation & robotics, 2018 - 2030 (USD Million)
- Table 3 Digital mining market estimates and forecasts, by real-time analytics, 2018 - 2030 (USD Million)
- Table 4 Digital mining market estimates and forecasts, by cybersecurity, 2018 - 2030 (USD Million)
- Table 5 Digital mining market estimates and forecasts, by other technologies, 2018 - 2030 (USD Million)
- Table 6 Digital mining market estimates and forecasts, by iron & ferro alloys, 2018 - 2030 (USD Million)
- Table 7 Digital mining market estimates and forecasts, by non-ferrous metals, 2018 - 2030 (USD Million)
- Table 8 Digital mining market estimates and forecasts, by precious metals, 2018 - 2030 (USD Million)
- Table 9 Digital mining market estimates and forecasts, by region, 2018 - 2030 (USD Million)
- Table 10 Digital mining market estimates and forecasts, by region, 2018 - 2030 (USD Million)
- Table 11 North America digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 12 North America digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 13 U.S. digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 14 U.S. digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 15 Canada digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 16 Canada digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 17 Mexico digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 18 Mexico digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 19 Europe digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 20 Europe digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 21 Russia digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 22 Russia digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 23 Turkey digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 24 Turkey digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 25 Asia Pacific digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 26 Asia Pacific digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 27 China digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 28 China digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 29 India digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 30 India digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 31 Australia digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 32 Australia digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 33 Indonesia digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 34 Indonesia digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 35 Central & South America digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 36 Central & South America digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 37 Brazil digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 38 Brazil digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 39 Chile digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 40 Chile digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 41 Middle East & Africa digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 42 Middle East & Africa digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 43 South Africa digital mining market estimates and forecasts, by technology, 2018 - 2030 (USD Million)
- Table 44 South Africa digital mining market estimates and forecasts, by application, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Market Snapshot
- Fig. 6 Segmental Outlook - Technology, Application
- Fig. 7 Competitive Outlook
- Fig. 8 Digital Mining Market Outlook, 2018 - 2030 (USD Million)
- Fig. 9 Digital Mining Market - Value Chain Analysis
- Fig. 10 Digital Mining Market - Market Dynamics
- Fig. 11 Digital Mining Market - PORTER's Analysis
- Fig. 12 Digital Mining Market - PESTEL Analysis
- Fig. 13 Digital Mining Market Estimates & Forecasts, By Technology: Key Takeaways
- Fig. 14 Digital Mining Market Share, By Technology, 2023 & 2030
- Fig. 15 Digital Mining Market Estimates & Forecasts, By Application: Key Takeaways
- Fig. 16 Digital Mining Market Share, By Application, 2023 & 2030
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