The Mining Automation Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The Mining Automation market has seen robust expansion in the recent past. The market size is projected to increase from $3.98 billion in 2024 to $4.26 billion in 2025, with a compound annual growth rate (CAGR) of 7.1%.
The Mining Automation market is projected to reach a size of $5.86 billion by 2029, expanding at a compound annual growth rate (CAGR) of 8.3%.
Download Your Free Sample of the 2025 Mining Automation Market Report and Uncover Key Trends Now!The key drivers in the mining automation market are:
• Increasing focus on energy efficiency initiatives
• Adoption of autonomous vehicles and equipment in mining
• Growing demand for customization and scalability in mining operations
• The emphasis on sustainable mining practices and market competition
The mining automation market covered in this report is segmented –
1) By Offering: Equipment, Software, Communication System
2) By Technique: Surface Mining, Underground Mining
3) By Workflow: Mine Development, Mining Process, Mine Maintenance
4) By Application: Metal Mining, Mineral Mining, Coal Mining
The key trends in the mining automation market are:
• The integration of AI and machine learning is an emerging trend in the mining automation market.
• The use of IoT and connectivity is becoming an increasingly prominent feature in mining automation.
• Blockchain technology is being implemented to improve supply chain transparency.
• The application of digital twin technology and advanced sensor technologies is a key upcoming trend in the industry.
Major companies in the mining automation market are:
• Hexagon AB
• Rockwell Automation Inc.
• Komatsu Ltd.
• Rio Tinto Group
• Autonomous Solutions Inc.
• Sandvik AB
• Caterpillar Inc.
• Hitachi Construction Machinery Co. Ltd.
• RPM Global Holdings Limited
• Trimble Inc.
• Siemens Aktiengesellschaft
• Mine Site Technologies Pty. Limited
• Symboticware Inc.
• ABB Ltd.
• Epiroc AB
• Atlas Copco AB
• Remote Control Technologies Pty. Ltd.
• AB Volvo
• Fluidmesh Networks LLC
• Joy Global Inc.
• Cisco Systems Inc.
• Schneider Electric SE
• Wenco International Mining Systems Ltd.
• MST Global
• MineSense Technologies Ltd.
• Mobilaris Mining Intelligence
• IntelliSense.io
• MineWare Pty. Ltd.
• Maptek Pty. Ltd.
• Micromine Pty.Ltd.
Asia-Pacific was the largest region in the mining automation market in 2024