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Tuesday, 27 Oct 2020 06:00 pm

North America Smart Mining Solutions Market Report 2020 COVID 19 Impact Analysis Edition Top Players Include, Atlas Copco, Caterpillar, Komatsu, Rockwell Automation

The North America Smart Mining market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

By SMN Bureau
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The North America Smart Mining market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

Smart mining is a process that uses information, autonomy, and technology to increase safety, reduce operating costs, and increase the productivity of mining sites. Mining companies focus on improving productivity by providing the latest software and solutions. It also consists of remote controlled robotic equipment for mineral and metal extraction, called telerobotic mining and reduces the risk of miners.

Smart mining is a process that uses information, autonomy, and technology to increase safety, reduce operating costs, and increase the productivity of mining sites.

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“Covid-19 epidemic is accelerating digital transformation in the mining sector as the need to be safer, more sustainable and more efficient increases.” The advanced smart mining technologies help minimize the threat and damage caused during mining operations. Specific uses of IoT in mining include adding up of sensors to mining equipment to communicate and monitor the data in real-time and keep the workers safer. This factor is also likely to boost the smart mining market during the forecast period.

These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for Smart mining assays in the market.

Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.

Business Market Insights reports are useful not only for corporate and academic professionals but also for consulting, research firms, PEVC firms, and professional services firms.

North America Smart Mining Market–Segmentation

By Component

  • Hardware
  • Software and Solution
  • Services

 By Mining Type

  • Underground Mining
  • Surface Mining

By Country

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of APAC

Companies Mentioned

  • ABB Ltd
  • Alastri
  • Caterpillar Inc
  • Intellisense.io
  • Hexagon AB
  • Hitachi, Ltd
  • MineSense
  • Rockwell Automation, Inc
  • SAP SE
  • Trimble Inc

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Based in New York, Business Market Insights is a one-stop destination for in-depth market research reports from various industries including Technology, Media & Telecommunications, Semiconductor & Electronics, Aerospace & Defense, Automotive & Transportation, Biotechnology, Healthcare IT, Manufacturing & Construction, Medical Device, and Chemicals & Materials. The clients include corporate and academic professionals, consulting, research firms, PEVC firms, and professional services firms.

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