China Mining Automation Market Size & Outlook, 2023-2030
China mining automation market, 2018-2030 (US$M)
Related Markets
China mining automation market highlights
- The China mining automation market generated a revenue of USD 697.1 million in 2023 and is expected to reach USD 1,122.6 million by 2030.
- The China market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, software automation was the largest revenue generating solution in 2023.
- Equipment Automation is the most lucrative solution segment registering the fastest growth during the forecast period.
Mining automation market data book summary
| Market revenue in 2023 | USD 697.1 million |
| Market revenue in 2030 | USD 1,122.6 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Software automation |
| Fastest growing segment | Equipment Automation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software Automation, Services, Equipment Automation |
| Key market players worldwide | Atlas Copco AB Class A, Autonomous Solutions, Caterpillar Inc, Epiroc AB DR, Hitachi Ltd, Komatsu Ltd, Liebherr Group, Rio Tinto PLC ADR, Rockwell Automation Inc, RPM International Inc, Sandvik AB, Siemens AG, Trimble Inc |
Other key industry trends
- In terms of revenue, China accounted for 13.2% of the global mining automation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mining automation market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 633.5 million by 2030.
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Mining Automation Market Scope
Mining Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
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China mining automation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mining automation market will help companies and investors design strategic landscapes.
Software automation was the largest segment with a revenue share of 49.23% in 2023. Horizon Databook has segmented the China mining automation market based on software automation, services, equipment automation covering the revenue growth of each sub-segment from 2018 to 2030.
The country is a leading producer of various metals and industrial minerals which creates a high demand for efficient mining equipment. The strong presence of various regional mining automation companies as well as rising need to gain deep insights into the mining activities, increase safety and productivity, and reduce operational costs, is driving the product demand in the country.
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Target buyers of China mining automation market databook
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Our clientele includes a mix of mining automation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China mining automation market , including forecasts for subscribers. This country databook contains high-level insights into China mining automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China mining automation market size, by solution, 2018-2030 (US$M)
China Mining Automation Market Outlook Share, 2023 & 2030 (US$M)
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