Thursday, May 28, 2020

Mining Automation Market to Witness Huge Growth from 2017-2023 and Key Players - Autonomous Solution, Atlas Copco, Caterpillar, Hexagon

Mining automation market was valued at $2,193 million in 2016, and is estimated to reach $3,810 million by 2023, growing at a CAGR of 7.9% from 2017 to 2023. Mining automation refers to the automation of mining techniques, which involve transition from manual labor to automated mining techniques. The global mining automation market is expected to witness significant growth in the future, owing to rise in in technological advancement and increase in automation in the economy across the globe.

The Asia-Pacific mining automation market is expected to register the highest CAGR during the forecast period, due to the progressive transition from manual cognitive work to automated cognitive work and continuous launch of new and improved technologies in the region.

Major Key Players of the Mining Automation Market are:Autonomous Solution, Atlas Copco, Caterpillar, Hexagon, Hitachi, Komatsu, Mine site technologies, RPMGlobal Holdings, Sandvik AB, and Trimble.

Read More @ https://www.openpr.com/news/2025672/mining-automation-market-to-witness-huge-growth-from-2017-2023


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