Connected mining market will grow at a CAGR of 13.4% to be valued at US$33.84 billion in 2030 from US$18.05 billion in 2025.
Connected mining encompasses various integrated mining solutions where people, processes, big data, equipment, and the environment contribute to the digital transformation of the mining industry. The main players in the connected mining market include a range of companies, from specialized independent technology suppliers to leading mining equipment manufacturers.
Market Trends:
- The growing integration of Information and Communication Technology (ICT) and advanced systems is a key driver of market expansion. Operators are utilizing these technologies to identify and mitigate errors and risks before on-site deployment, while also enabling predictive maintenance to reduce equipment downtime.
- Geographically, the connected mining market is set to experience substantial growth in North America and Europe, supported by strong IT infrastructure. The Asia-Pacific region, particularly China, is emerging as one of the fastest-growing markets, with rapid adoption of these solutions. Among the various solutions, Connected Remote Management Systems are gaining significant momentum, while Connected Security Systems are also expanding due to advancements in wireless technologies and the Industrial Internet of Things (IIoT).
- The global connected mining market report provides a thorough analysis of the industry, offering strategic insights and executive-level perspectives backed by data-driven forecasts and detailed assessments. Regularly updated, the report equips decision-makers with actionable intelligence on current market trends, emerging opportunities, and competitive dynamics. It evaluates demand across critical solutions, including connected logistics, connected equipment monitoring, connected control and automation systems, remote asset management, fleet management and tracking, and IoT-based predictive maintenance. Additionally, the report explores service offerings, mining types, deployment modes, technological advancements, government policies, regulatory frameworks, and macroeconomic factors, delivering a comprehensive overview of the market landscape.
Some of the major players covered in this report include ABB Ltd., Rockwell Automation, Inc., Cisco Systems, Inc., SAP SE, Trimble Inc., Hexagon AB, Caterpillar Inc., IntelliSense.io, IBM Corporation, Schneider Electric SE, Siemens AG, Komatsu Ltd., and Hitachi Construction Machinery Co., Ltd., among others.
Key Benefits of this Report:
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
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Report Coverage:
- Historical data from 2022 to 2024 & forecast data from 2025 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Connected Mining Market Segmentation
Connected Mining Market Segmentation by solution:
- The market is analyzed by solution into the following:
- Connected Logistics
- Connected Equipment Monitoring
- Connected Control & Automation Systems
- Remote Asset Management
- Fleet Management & Tracking
- IoT-based Predictive Maintenance
Connected Mining Market Segmentation by services:
- The report analyzes the market by services as below:
- Consulting & Advisory Services
- System Integration & Deployment
- Support & Maintenance
Connected Mining Market Segmentation by mining type:
- The report analyzes the market by Mining Type as below:
- Surface Mining
- Underground Mining
Connected Mining Market Segmentation by deployment type:
- The report analyzes the market by deployment type as below:
- On-Premises
- Cloud-based
Connected Mining Market Segmentation by regions:
The study also analysed the Connected Mining Market into the following regions, with country-level forecasts and analysis as below:
- North America (US, Canada and Mexico)
- South America (Brazil, Argentina, and Others)
- Europe (Germany, UK, France, Spain and Others
- Middle East and Africa (Saudi Arabia, UAE and Others)
- Asia Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others)