Sweden Mining Automation Market Size & Outlook, 2023-2030
Sweden mining automation market, 2018-2030 (US$M)
Related Markets
Sweden mining automation market highlights
- The Sweden mining automation market generated a revenue of USD 57.4 million in 2023 and is expected to reach USD 92.2 million by 2030.
- The Sweden 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 57.4 million |
| Market revenue in 2030 | USD 92.2 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, Sweden accounted for 1.1% 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 Europe, Germany mining automation market is projected to lead the regional market in terms of revenue in 2030.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 92.2 million by 2030.
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Mining Automation Market Scope
Mining Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Sweden 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 46.86% in 2023. Horizon Databook has segmented the Sweden mining automation market based on software automation, services, equipment automation covering the revenue growth of each sub-segment from 2018 to 2030.
The country has a strong presence of several major mining equipment manufacturers as well as automation solutions providers which. These players are engaged in developing technologically advanced offerings that can effectively cater to consumer demands which is favoring the market growth.
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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 Sweden mining automation market , including forecasts for subscribers. This country databook contains high-level insights into Sweden mining automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden mining automation market size, by solution, 2018-2030 (US$M)
Sweden Mining Automation Market Outlook Share, 2023 & 2030 (US$M)
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