Dimension stone is a natural rock that is cut into various sizes for use in the construction and monument industries. This industry comprises the development of mine sites, mining and quarrying of dimension stones. Dimension stone products include blocks of rock such as marble, granite, limestone, sandstone and slate. Subsequent to cutting and polishing, these stones are used in construction of buildings and monuments, and also as exterior and interior decorative materials of buildings.
The global dimension stone mining market was valued at $75.0 billion in 2017. Asia Pacific was the largest geographic region accounting for $40.5 billion or 54% of the global market. China was the largest country accounting for $23.7 billion or 31.6% of the global dimension stone mining market.
Remote surveying and geological mapping for mines and quarries is increasingly being done using LIDAR and UAV as it offers fast, accurate data to plan mining processes. LIDAR, which stands for light detection and ranging, is a remote sensing method that uses light in the form of a pulsed laser to measure ranges (variable distances). LIDAR is used for surveying the mining area and helps in determining ore body, mining pit volume, and pre-strip and spoil surface volumes. UAVs, which stands for unmanned aerial vehicle or drone, is a type of aircraft that operates without a human pilot onboard. The recent improvements in technology have resulted in the development of UAVs for multiple purposes. In mining, UAVs are used for aerial photography, remote sensing, and searching, monitoring and providing information from hazardous locations.
Companies Covered: Vulcan Materials Company, Martin Marietta Aggregates Inc., Cemex S A B de C V, Carmeuse Lime & Stone Inc., Rogers Group Inc.
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