Mining Automation Market

By Offering;

Sensors & LiDAR Systems, GPS & GNSS Modules, Industrial Cameras & Vision Systems, Connectivity & Communication Systems and Others

By Technique;

Underground Mining and Surface Mining

By Component;

Metal Mining, Mineral Mining and Coal Mining

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn419245472 Published Date: September, 2025 Updated Date: October, 2025

Mining Automation Market Overview

Mining Automation Market (USD Million)

Mining Automation Market was valued at USD 5,786.65 million in the year 2024. The size of this market is expected to increase to USD 9,537.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.4%.


Mining Automation Market

*Market size in USD million

CAGR 7.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.4 %
Market Size (2024)USD 5,786.65 Million
Market Size (2031)USD 9,537.99 Million
Market ConcentrationMedium
Report Pages308
5,786.65
2024
9,537.99
2031

Major Players

  • Atlas Copco AB
  • Autonomous Solutions Inc. (ASI)
  • Caterpillar Inc.
  • Hexagon AB
  • Hitachi Construction Machinery Co, Ltd.
  • Komatsu Ltd.
  • Rio Tinto Group
  • Rockwell Automation, Inc.
  • Sandvik AB
  • Siemens AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Mining Automation Market

Fragmented - Highly competitive market without dominant players


The Mining Automation Market is rapidly evolving as companies embrace advanced technologies to enhance performance and safety. Around 45% of mining facilities now deploy automated systems to improve operational uptime and reduce dependence on manual labor. These solutions are becoming essential to support safer and more productive extraction processes.

Productivity and Cost Optimization Benefits
Amid growing pressure to reduce costs and increase yield, about 52% of mining operators are integrating autonomous machinery such as loaders and haulers. These systems are enabling up to 30% cost savings while delivering consistent operational output. AI-enabled tools are further improving accuracy and operational control.

Emphasis on Worker Safety and Remote Operations
Automation is also playing a key role in worker safety, with 40% of mining companies using remote or semi-autonomous systems. This approach significantly lowers human exposure to dangerous environments, making it an increasingly preferred strategy in high-risk mining locations.

Technology Advancements Reshaping Mining Operations
The market is witnessing strong momentum due to technological breakthroughs like intelligent sensors, autonomous navigation, and integrated control platforms. With 55% of mining units already leveraging these advancements, the shift towards sustainable, data-driven mining is becoming more pronounced across the sector.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Offering
    2. Market Snapshot, By Technique
    3. Market Snapshot, By Component
    4. Market Snapshot, By Region
  4. Mining Automation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Efficiency
        2. Safety
        3. Labor Shortages
      2. Restraints
        1. Initial Costs
        2. Resistance to Change
        3. Infrastructure Limitations
      3. Opportunities
        1. Sustainability Initiatives
        2. Remote Operations
        3. Industry Collaboration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Mining Automation Market, By Offering, 2021 - 2031 (USD Million)
      1. Sensors & LiDAR Systems
      2. GPS & GNSS Modules
      3. Industrial Cameras & Vision Systems
      4. Connectivity & Communication Systems
      5. Others
    2. Mining Automation Market, By Technique, 2021 - 2031 (USD Million)
      1. Underground Mining
      2. Surface Mining
    3. Mining Automation Market, By Component, 2021 - 2031 (USD Million)
      1. Metal Mining
      2. Mineral Mining
      3. Coal Mining
    4. Mining Automation Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Caterpillar
      2. Komatsu
      3. Sandvik AB
      4. Epiroc AB
      5. Hitachi Construction Machinery
      6. ABB
      7. Rockwell Automation
      8. Hexagon AB
      9. Siemens
      10. Atlas Copco
      11. Metso Outotec
      12. Autonomous Solutions, Inc. (ASI Mining)
      13. Trimble
      14. RPMGlobal
      15. Rio Tinto
  7. Analyst Views
  8. Future Outlook of the Market