Press Release

Visiongain Ltd.

Visiongain Publishes Report on Smart Mining Forecast Up to 2031

June 21st, 2021 12:00 AM

Visiongain has published a new report on Smart Mining Market Report 2021-2031: Forecasts by Component (Hardware (RFID Tags, Sensors, Intelligent System, Others), Software & Solution (Smart Control System, Smart Asset Management, Safety and Security System, Data Management and Analytics Software, Monitoring System, Other), Services (System Integration, Consulting Service, Engineering and Maintenance)), by Type (Underground Mining, Surface Mining) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Smart Mining Companies AND COVID-19 Recovery Scenarios.

Smart mining comprises the deployment of technology and information that facilitates enhanced safety, high productivity, and low operational costs in mining operations. The smart mines that have already incorporated advanced technologies can automate their operations at a quicker pace compared to the conventional mines.

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Mining activities across the world are increasing at a rapid pace owing to the increasing demand for fibers and metals. Further, the increasing concerns or safety at the site, increasing automation, and rising environmental concerns are supplementing the growth of the smart mining market.

COVID-19 Impact on Smart Mining Market

For the minerals and mining companies across the world, the COVID-19 pandemic has been disrupting the overall value chain. To take precautionary measures, the organizations have been imposing travel bans, restricted access at mine sites, manufacturing facilities, and offices. Mining and metal companies are not operationally flexible to adapt to the production as speedily as it is required for the pandemic. This can also result in non-optimal and unbalanced operations increasing the costs. In the current scenario, with the rising concerns over the spread of COVID-19 added to the mix, the autonomous hauling trucks have added a greater value to the demand. The ability to operate a mine remotely enables the continuation of work without risking the lives of the miners and engineers.

How the Smart Mining Market report helps you?

In summary, our 360+ page report provides you with the following knowledge:

  • Revenue forecasts to 2031 for Smart Mining Market, with forecasts for Component and Type, each forecasted at a global and regional level– discover the industry’s prospects, finding the most lucrative places for investments and revenues
  • Revenue forecasts to 2031 for 4 regional and 16 key national markets – See forecasts for the smart mining market in North America, Europe, Asia-Pacific and the Rest of the World. Also forecasted is the market in the US, Canada, Russia, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market– including company profiles for 20 of the major companies involved in the Global Smart Mining Market. Some of the companies profiled in this report include ABB Ltd,, Hexagon AB, Hitachi, Ltd., MineSense, Rockwell Automation Inc., SAP SE, Trimble Inc., Caterpillar Inc., Alastri Software, Honeywell, IBM Corporation, Robert Bosch GmbH, Rio Tinto, Komatsu Ltd., Sandvik AB, BHP, Cisco Systems, Accenture, and Atlas Copco.

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Market Opportunities

Rising digitization and implementation of IIoT technology

Many mining companies have integrated digital transformation and are taking prominent initiatives for introducing IIoT in their operations. For instance, the Bulgarian Chelopech, an underground copper and gold that is operated by Dundee Precious Metals in Canada, is incorporating digitization, modernization, and introduction of the mobile IP network (along with the companies Dassault Systèmes GEOVIA, Cisco, and Sandvik for the network and connectivity) for uninterrupted and efficient services and enhanced productivity. The introduction of IIoT also helps in gaining cheaper and better communication possibilities, fast productivity data, real-time maintenance, better collaboration, and instant resolution of bottlenecks. This also enhances the safety of the miners on site.

Information found nowhere else

With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Smart Mining Market and leading companies. You will find data, trends and predictions.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to or call her on +44 (0) 207 336 6100.

To access the data contained in this document please email

Find more Visiongain research reports on Cyber Security Industry click on the following links:

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About Visiongain

Visiongain is one of the fastest-growing and most innovative independent market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10 year forecasts, are hundreds of pages long, with in-depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which we find currently can influence one another. These markets include automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports means that you can have a bespoke piece of market intelligence customized to your very own business needs.


Sara Peerun
Commercial Director
Visiongain Inc.
Tel: + 44 207 549 9987
USA Tel: 00 1 718 682 4567
EU Tel: 00 353 1 695 0006
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