Posts

Showing posts with the label Mining Automation Market Size

Mining Automation Market Is Likely To Up Demand At A USD 8.64 Billion By 2030

Image
  San Francisco, 18 Dec 2023:  The Report  Mining Automation Market  Size, Share & Trends Analysis Report By Solution (Software Automation, Services), By Application (Metal Mining, Mineral Mining), By Region, And Segment Forecasts, 2023 - 2030 The global mining automation market size is expected to reach USD 8.64 billion by 2030, registering a CAGR of 7.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for accuracy and productivity required during mining activities is the high-impact rendering driver for the industry. The growing adoption of automated mining is attributed to the advantages associated with automated systems. For instance ,  in January 2022, Hexagon AB, one of the eminent players in digital reality solutions combining sensors, independent technology, and software programs, acquired Minnovare, one of the prominent players in drilling technology that enhances the cost, speed, and accuracy of drilling underground. The ini