Middle East & Africa Mining Automation Market Size & Outlook
Middle East & Africa mining automation market, 2018-2030 (US$M)
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MEA mining automation market highlights
- The MEA mining automation market generated a revenue of USD 315.8 million in 2023.
- The market is expected to grow at a CAGR of 7.5% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 315.8 million |
| Market revenue in 2030 | USD 524.5 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Software automation |
| Fastest growing segment | Equipment Automation |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 6.0% of the global mining automation market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,800.2 million by 2030.
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Mining Automation Market Scope
Mining Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 61.81% in 2023. Horizon Databook has segmented the Middle East & Africa mining automation market based on software automation, services, equipment automation covering the revenue growth of each sub-segment from 2018 to 2030.
The growth can be attributed to the growing opportunities for mineral exploration, resources, and infrastructure in the region. Moreover, the ongoing supportive government initiatives in Africa are also expediting the market growth.
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Target buyers of Middle East & Africa 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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa mining automation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa mining automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA mining automation market size, by country, 2018-2030 (US$M)
Middle East & Africa Mining Automation Market Outlook Share, 2023 & 2030 (US$M)
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