Turkey Mining Automation Market Size & Outlook, 2023-2030
Turkey mining automation market, 2018-2030 (US$M)
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Turkey mining automation market highlights
- The Turkey mining automation market generated a revenue of USD 68.8 million in 2023 and is expected to reach USD 109.1 million by 2030.
- The Turkey market is expected to grow at a CAGR of 6.8% 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 68.8 million |
| Market revenue in 2030 | USD 109.1 million |
| Growth rate | 6.8% (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, Turkey accounted for 1.3% 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 |
|---|
Turkey 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 47.97% in 2023. Horizon Databook has segmented the Turkey mining automation market based on software automation, services, equipment automation covering the revenue growth of each sub-segment from 2018 to 2030.
Turkey mining automation market was valued at USD 64.1 million in 2022 and is expected to reach USD 109.0 million by 2030. The country offers various lucrative opportunities for the mining automation solution providers due to high mining operations in the country, especially for silver, gold, copper, coals, and lignite.
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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 Turkey mining automation market , including forecasts for subscribers. This country databook contains high-level insights into Turkey mining automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Turkey mining automation market size, by solution, 2018-2030 (US$M)
Turkey Mining Automation Market Outlook Share, 2023 & 2030 (US$M)
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