The Business Research Company published its Autonomous Mining Equipment Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Autonomous Mining Equipment market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the Autonomous Mining Equipment market’s segments-
1) By Type: Autonomous Hauling/Mining Trucks; Autonomous Drilling Rigs; Underground LHD Loaders; Tunneling Equipment; Other
2) By Application: Metal; Coal; Others.
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Autonomous Mining Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global autonomous mining equipment market is expected to decline from $3.09 billion in 2019 to $2.85 billion in 2020 at a compound annual growth rate (CAGR) of -7.76%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. Slowdowns in even one large industrial component can have a ripple effect across other components and industries. The entire supply chain from production to international trade has been impacted. The market is expected to recover and reach $3.52 billion in 2023 at a CAGR of 7.25%.
Implementing data analytics such as artificial intelligence (AI), machine learning, Internet of Things (IoT)-embedded systems, and other analytics in mining systems is a key trend in the autonomous mining equipment market. AI is helping to transform the mining industry into a safer, more profitable, and more environmentally friendly industry. AI can analyze vast quantities of data to better predict where to find better resources, along with minimizing errors. IoT system advances in mining equipment are making extraction cheaper without deteriorating existing grades. All of these changes are helping the industry improve its efficiency from mine to market.
Few Points From The Table Of Contents
- Executive Summary
- Autonomous Mining Equipment Market Characteristics
- Autonomous Mining Equipment Market Size And Growth
- Autonomous Mining Equipment Market Segmentation
- Autonomous Mining Equipment Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Autonomous Mining Equipment Market
- Autonomous Mining Equipment Market Trends And Strategies
- Autonomous Mining Equipment Market Future Outlook and Potential Analysis
- Appendix
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Few Points From List Of Table
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Autonomous Mining Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 4: Global Autonomous Mining Equipment Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 5: Global Autonomous Mining Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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Table 26: Caterpillar Financial Performance
Table 27: Komatsu Financial Performance
Table 28: Rockwell Automation Financial Performance
Table 29: Hitachi Financial Performance
Table 30: Sandvik Financial Performance
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The Business Research Company published its Autonomous Construction Equipment Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Autonomous Construction Equipment market.
The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the Autonomous Construction Equipment market’s segments-1) By Autonomy: Partial/Semi-Autonomous2) By Product Type: Earth Moving Equipment, Construction Vehicles, Material Handling Equipment, Concrete & Road Construction Equipment3) By Application: Road Construction, Building Construction, Others.View Complete Report:https://www.thebusinessresearchcompany.com/report/autonomous-construction-equipment-market-global-report-2020-30-covid-19-growth-and-changeAutonomous Construction Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities.
The market is then expected to recover and reach $14.05 billion in 2023 at CAGR of 18.45%.Making existing equipment autonomous is the growing trend in the autonomous construction equipment market.
Therefore, construction companies are planning to rent autonomous machines to stay competitive by using new technology without the potential barriers of high investments.
Automated Mining Equipment market is anticipated to observe growth during the forecast period due to growing demand at the end user level.
The facts and figures included to produce this report are based on the data collection modules with large sample sizes.
This market research study assists customers in understanding a range of drivers and restraints in the Automated Mining Equipment industry which impacts the market during forecast period.The automated mining equipment market is expected to witness market growth at a rate of 20.89% in the forecast period of 2021 to 2028.Automated Mining Equipment market report also comprises of details of all the parameters mentioned above hence it can be utilized well for the business.
Moreover, Automated Mining Equipment market report explains company profiling of key players in the market, suspiciously analyzing their core competencies, and illustrating a competitive landscape for the Automated Mining Equipment industry.
The report also supports to measure and optimize each step in the lifecycle of industrial process that covers engagement, acquisition, retention, and monetization.
The Automated Mining Equipment business document highlights the command and drivers influencing the market.
