Global Smart Mining Technology Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Smart Mining Technology market size was valued at US$ 3011 million in 2024 and is forecast to a readjusted size of USD 4670 million by 2031 with a CAGR of 6.5% during review period.

Adoption of AI in mining operations shifts mining processes from people-oriented operations to a process-oriented one. Intelligent Mining incorporated with AI facilitates supply chain with real time shipment monitoring, predictive mining maintenance, smart inventory management and more.

The global smart mining technology market is expected to experience significant growth in the coming years. Smart mining refers to the adoption of advanced technologies and solutions to optimize mining operations, improve safety, increase productivity, and reduce costs. The integration of automation, IoT devices, data analytics, artificial intelligence, and other digital solutions in mining activities is driving the market growth.

Several factors are fueling the market expansion. Firstly, the mining industry is facing challenges such as the depletion of high-grade deposits and the need for improving operational efficiency. Smart mining technologies enable companies to monitor and manage mining processes in real-time, leading to better resource utilization and cost reduction.

Secondly, the increasing emphasis on safety regulations and practices in mining operations is driving the adoption of smart technologies. Integration of IoT devices and AI-powered analytics helps detect potential hazards, monitor worker conditions, and prevent accidents.

Moreover, the demand for sustainable mining practices and environmental responsibility is accelerating the adoption of smart mining technologies. These technologies aid in optimizing energy consumption, reducing carbon emissions, and minimizing the ecological impact of mining activities.

In terms of market segmentation, the smart mining technology market is categorized based on automated equipment, hardware component, software solutions, and services. Various mining types, such as underground mining and surface mining, are also considered.

Key players in the global smart mining technology market include ABB Ltd., Rockwell Automation, Caterpillar Inc., Komatsu Ltd., Hitachi Construction Machinery Co. Ltd., Hexagon AB, Sandvik AB, Cisco Systems, Inc., and IBM Corporation.

This report is a detailed and comprehensive analysis for global Smart Mining Technology market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Smart Mining Technology market size and forecasts, in consumption value ($ Million), 2020-2031

Global Smart Mining Technology market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Smart Mining Technology market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Smart Mining Technology market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Smart Mining Technology

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Smart Mining Technology market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Rockwell Automation, Caterpillar Inc., Komatsu Ltd, Hitachi Construction Machinery Co. Ltd, Hexagon AB, Sandvik AB, Cisco Systems, Inc, IBM Corporation, Huawei Technologies, Infosys, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Smart Mining Technology market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
AI/ML-enabled Supply Chain Management
Mining Analytics Platform
Blockchain-based Metal Trading Platform
Emissions Management Software
Others

Market segment by Application
Risk & Compliance Management
Mining Operations & Process Control
Mining Data Warehousing
Others

Market segment by players, this report covers
Rockwell Automation
Caterpillar Inc.
Komatsu Ltd
Hitachi Construction Machinery Co. Ltd
Hexagon AB
Sandvik AB
Cisco Systems, Inc
IBM Corporation
Huawei Technologies
Infosys
Wipro
ABB Ltd
Skuchain
Sphera
Aveva Group plc
VROC.AI
ZE Power Group Inc
Phinar Software
Locus Technologies
IntelliSense.io

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Smart Mining Technology product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Smart Mining Technology, with revenue, gross margin, and global market share of Smart Mining Technology from 2020 to 2025.

Chapter 3, the Smart Mining Technology competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Smart Mining Technology market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Smart Mining Technology.

Chapter 13, to describe Smart Mining Technology research findings and conclusion.