Automated Mining Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Mining Automation Equipment Market Share and it is segmented by Component (Hardware (Excavators, Load Haul Dump, Robotic truck, Drillers and Breakers), Software, and Services), and Geography.

Automated Mining Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Automated Mining Equipment Market Size

Automated Mining Equipment Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 35.38 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Automated Mining Equipment Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Automated Mining Equipment Market Analysis

The Automated Mining Equipment Market is expected to register a CAGR of 35.38% during the forecast period.

  • Mining is a composite industry that extracts raw materials of different shapes, sizes, and chemical compositions from the earth's crust. Transforming it into a standardized and high-quality final product is challenging and has pushed the industry to opt for solutions that improve its efficiency and productivity. Typically mines are located in remote areas, and adopting automation helps in resource utilization better.
  • Autonomous technologies bring certain benefits which cannot be overlooked. These impact the whole value chain of the mining industry and the industries depending upon mining for their raw material requirements. The companies that implement automation technologies are anticipated to quickly realize a significant increase in productivity and a decrease in expenditures with the correct implementation.
  • Moreover, Mining companies worldwide are swiftly utilizing technological developments to better use their equipment and human resources to improve safety. For instance, in September 2020, Bis, a logistics company, and Israel Aerospace Industries (IAI) announced its collaboration for 'Auto-mate,' a new joint venture, to provide autonomous systems for mining operations. According to IAI, the JV is likely to give the mining industry players access to the benefits of automation in their operations, which improves safety and productivity.
  • The industry is anticipated to benefit from a considerable increase in safety practices. Identifying processes and operating procedures helps address danger points and develop the SOP to mitigate those risks. Moreover, using automated equipment, which can be maneuvered into unsafe areas and challenging locations, the mining companies can send fewer miners underground while extracting a higher output, with lower risk to their employees. For example, after implementing autonomous technologies in several African mines, Randgold Resources reduced the quarter-on-quarter injury rate by 29%.
  • Further, the demand for automation equipment in the industry is primarily driven by the rising need to enhance productivity and improve workers' safety. The outbreak of COVID-19 has caused the demand for automation and is expected to increase over the long run, primarily to cope with the shortage of labor and rising costs. Within the mining industry, the situation is likely to vary from commodity to commodity. The mining of commodities, such as gold, iron ore, and uranium, has remained buoyant. In contrast, thermal and metallurgical commodities have come under more pressure as the commodity is fully exposed to consumer demand.

Automated Mining Equipment Industry Overview

Automated Mining Equipment remains a consolidated market with a few significant players owning a considerable market share. However, with the market's overall size, expanding the market attracts new players, who have actively entered the market only recently. Some of the recent developments in the market are.

  • September 2021 - ABB has launched ABB Ability eMine, a portfolio of solutions that will help accelerate the move towards a zero-carbon mine. ABB also unveiled the piloting of the ABB Ability eMine FastCharge, the fastest and most powerful charging system, designed to interface with all makes of electric mining haul trucks. eMine comprises a portfolio of electrification technologies that make the all-electric mine possible from mine to port and are integrated with digital applications and services to monitor and optimize energy usage.
  • November 2020 - ABB launched the ABB Ability Safety Plus for hoists, a suite of mine hoist safety. The products include Safety Plus Hoist Monitor, Safety Plus Hoist Protector, and Safety Plus Brake System, including Safety Brake Hydraulics. The products are designed following the international safety of machinery standard IEC62061, and the products have been independently certified by Sweden's research institute, RISE. ABB Ability Safety Plus for hoists includes the new ABB SIL 3 Safety Plus Brake System, the mining industry's first entirely independently certified Safety Integrity Level 3 mine hoist system.

Automated Mining Equipment Market Leaders

  1. Rockwell Automation Inc.

  2. Trimble Inc.

  3. Autonomous Solutions Inc.

  4. ABB Ltd

  5. Hexagon AB

  6. *Disclaimer: Major Players sorted in no particular order
Automated Mining Equipment Market Concentration
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Automated Mining Equipment Market News

  • March 2021 - Liebherr has launched R 9600: The advanced hydraulic mining excavators. The Liebherr's hydraulic excavators set new standards in open pit mining equipment and fitted with the most advanced Liebherr Mining technologies, including Assistance Systems and Semi-Automated functions.
  • February 2020 - Trimble announced that the company sold its majority ownership of Mining Information Systems (MIS) to Herga Group, headquartered in Brisbane, Australia. The Herga Group has been a Trimble dealer for more than 30 years representing the construction geospatial and portfolios in Australia and New Zealand. MIS provides information systems for enterprise-wide management and monitoring of ore processing and mining operations. MIS system integrates and collects data across functional areas and sources, regardless of data origin.

Automated Mining Equipment Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumption and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Industry Value Chain Analysis
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Intensity of Competitive Rivalry
    • 4.3.5 Threat of Substitutes
  • 4.4 Impact of COVID-19 on the Market
  • 4.5 Market Drivers
    • 4.5.1 Growing Demand for Increasing Productivity and Improving Workers Safety
    • 4.5.2 Growing Concerns about Reduction of Operational Costs
  • 4.6 Market Challenges
    • 4.6.1 Security and Vulnerability Issues

5. MARKET SEGMENTATION

  • 5.1 By Component
    • 5.1.1 Hardware
    • 5.1.1.1 Excavators
    • 5.1.1.2 Load Haul Dump
    • 5.1.1.3 Robotic truck
    • 5.1.1.4 Drillers and Breakers
    • 5.1.1.5 Other Equipments
    • 5.1.2 Software
    • 5.1.3 Services
  • 5.2 By Geography
    • 5.2.1 North America
    • 5.2.2 Europe
    • 5.2.3 Asia Pacific
    • 5.2.4 Latin America
    • 5.2.5 Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Rockwell Automation Inc.
    • 6.1.2 Trimble Inc.
    • 6.1.3 Autonomous Solutions Inc.
    • 6.1.4 ABB Ltd
    • 6.1.5 Hexagon AB
    • 6.1.6 Caterpillar Inc.
    • 6.1.7 Hitachi Ltd.
    • 6.1.8 Komatsu Ltd.
    • 6.1.9 Atlas Copco
    • 6.1.10 AB Volvo
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. FUTURE OUTLOOK OF THE MARKET

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Automated Mining Equipment Industry Segmentation

Automated mining refers to using equipment to minimize or eliminate human labor from the mining processes that are dangerous for their safety. Further, the evolved machines can be used to mitigate such risks wherever possible. The scope of the report includes the mining automation software and mining automation equipment. Also, the type of mining considered for the study is underground mining and surface mining. Further, the study analyzes the impact of COVID-19 and the investment scenario in the market.

By Component Hardware Excavators
Load Haul Dump
Robotic truck
Drillers and Breakers
Other Equipments
Software
Services
By Geography North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Automated Mining Equipment Market Research FAQs

What is the current Automated Mining Equipment Market size?

The Automated Mining Equipment Market is projected to register a CAGR of 35.38% during the forecast period (2025-2030)

Who are the key players in Automated Mining Equipment Market?

Rockwell Automation Inc., Trimble Inc., Autonomous Solutions Inc., ABB Ltd and Hexagon AB are the major companies operating in the Automated Mining Equipment Market.

Which is the fastest growing region in Automated Mining Equipment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Automated Mining Equipment Market?

In 2025, the Asia Pacific accounts for the largest market share in Automated Mining Equipment Market.

What years does this Automated Mining Equipment Market cover?

The report covers the Automated Mining Equipment Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Automated Mining Equipment Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Automation in Mining Equipment Industry Report

Statistics for the 2025 Automated Mining Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Automated Mining Equipment analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.