Mining Automation Market News, Regional Insights, Top Key Players and Segment Analysis by Forecast to 2027 | Impact of COVID-19
Market Analysis The mining automation market is projected to touch USD 4.03 billion at an 8.6% CAGR between 2018- 2025, states the recent Market Research Future (MRFR) analysis. Mining automation includes the usage of software automation and process and use of robotic technology both in mining automation and mining vehicles. This process includes the extraction of minerals, ores, and other resources using information and technology. Mining automation is undertaken to ensure safety, better productivity, improved efficiency, and fall in operating cost in the mine site. Various factors are propelling the global mining automation market share. As per the current MRFR report, such factors include the growing need for worker safety, reduction in the overall operational price, improved productivity, rising productivity of mining activities with the help of automation, the availability of mining automation software, and elimination of time & high labor cost. On the contrary, depl