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The Global Digital Mining market is expected to reach $26.06 billion by 2026 growing at a CAGR of 15.2% from 2019 to 2026. Digital mining uses 3D modelling technology which makes diagrams of underground areas for more efficient investigation. These digital mining techniques also employ deep learning algorithms without the need for a scaling object. Factors such as growing need for safety of mine workers and increasing deployment of innovative digital technologies such as drones, sensors, robotics, and integration techniques are driving the market growth. However, misuse of information/inaccurate information is hampering market growth. Based on application, the non-ferrous metals segment is going to have a lucrative growth during the forecast period. Increasing demand for non-ferrous metals such as aluminum, copper, and zinc has led to the digitalization of operations in order to support the growing demand for these metals. Lightweight materials such as aluminum are increasingly used in automobiles in order to improve fuel efficiency and curb pollution to reduce the environmental impact. The key vendors mentioned are ABB Ltd, Atlas Joy Global Inc, Caterpillar Inc, Cisco Systems Inc, Hatch Ltd, Hexagon AB, Huawei Technologies Co, IBM Corporation, Itelligence AG, Komatsu Ltd, Rockwell Automation Inc, Sandvik AB, SAP SE, Siemens AG, Wenco International Mining systems Ltd and Wipro Ltd. Types Covered: • 3D Printing • Advanced Analytics and Artificial Intelligence • Asset Cybersecurity • Autonomous Operations and Robotics • Blockchain • Connected Worker • IT/OT Convergence • Real-Time Analytics • Remote Operations Centre • Simulation Modelling • Smart Sensors (IoT) Applications Covered: • Iron & Ferro Alloys • Metallurgy • Mining • Non-Ferrous Metals • Precious Metals Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Digital Mining Market, By Type
5.1 Introduction
5.2 3D Printing
5.3 Advanced Analytics and Artificial Intelligence
5.4 Asset Cybersecurity
5.5 Autonomous Operations and Robotics
5.6 Blockchain
5.7 Connected Worker
5.8 IT/OT Convergence
5.9 Real-Time Analytics
5.10 Remote Operations Centre
5.11 Simulation Modelling
5.12 Smart Sensors (IoT)
6 Global Digital Mining Market, By Application
6.1 Introduction
6.2 Iron & Ferro Alloys
6.3 Metallurgy
6.4 Mining
6.5 Non-Ferrous Metals
6.6 Precious Metals
7 Global Digital Mining Market, By Geography
7.1 Introduction
7.2 North America
7.3 Europe
7.4 Asia Pacific
7.5 South America
7.6 Middle East & Africa
8 Strategic Benchmarking
9 Vendors Landscape
9.1 ABB Ltd
9.2 Atlas Joy Global Inc
9.3 Caterpillar Inc
9.4 Cisco Systems Inc
9.5 Hatch Ltd
9.6 Hexagon AB
9.7 Huawei Technologies Co
9.8 IBM Corporation
9.9 Itelligence AG
9.10 Komatsu Ltd
9.11 Rockwell Automation Inc
9.12 Sandvik AB
9.13 SAP SE
9.14 Siemens AG
9.15 Wenco International Mining systems Ltd
9.16 Wipro Ltd
List of Data Tables
Table 1 Global Digital Mining Market Outlook, By Region (2018-2026) ($MN)
Table 2 Global Digital Mining Market Outlook, By Type (2018-2026) ($MN)
Table 3 Global Digital Mining Market Outlook, By 3D Printing (2018-2026) ($MN)
Table 4 Global Digital Mining Market Outlook, By Advanced Analytics and Artificial Intelligence (2018-2026) ($MN)
Table 5 Global Digital Mining Market Outlook, By Asset Cybersecurity (2018-2026) ($MN)
Table 6 Global Digital Mining Market Outlook, By Autonomous Operations and Robotics (2018-2026) ($MN)
Table 7 Global Digital Mining Market Outlook, By Blockchain (2018-2026) ($MN)
Table 8 Global Digital Mining Market Outlook, By Connected Worker (2018-2026) ($MN)
Table 9 Global Digital Mining Market Outlook, By IT/OT Convergence (2018-2026) ($MN)
Table 10 Global Digital Mining Market Outlook, By Real-Time Analytics (2018-2026) ($MN)
Table 11 Global Digital Mining Market Outlook, By Remote Operations Centre (2018-2026) ($MN)
Table 12 Global Digital Mining Market Outlook, By Simulation Modelling (2018-2026) ($MN)
Table 13 Global Digital Mining Market Outlook, By Smart Sensors (IoT) (2018-2026) ($MN)
Table 14 Global Digital Mining Market Outlook, By Application (2018-2026) ($MN)
Table 15 Global Digital Mining Market Outlook, By Iron & Ferro Alloys (2018-2026) ($MN)
Table 16 Global Digital Mining Market Outlook, By Metallurgy (2018-2026) ($MN)
Table 17 Global Digital Mining Market Outlook, By Mining (2018-2026) ($MN)
Table 18 Global Digital Mining Market Outlook, By Non-Ferrous Metals (2018-2026) ($MN)
Table 19 Global Digital Mining Market Outlook, By Precious Metals (2018-2026) ($MN)
Table 20 North America Digital Mining Market Outlook, By Type (2018-2026) ($MN)
Table 21 North America Digital Mining Market Outlook, By Application (2018-2026) ($MN)
Table 22 Europe Digital Mining Market Outlook, By Type (2018-2026) ($MN)
Table 23 Europe Digital Mining Market Outlook, By Application (2018-2026) ($MN)
Table 24 Asia Pacific Digital Mining Market Outlook, By Type (2018-2026) ($MN)
Table 25 Asia Pacific Digital Mining Market Outlook, By Application (2018-2026) ($MN)
Table 26 South America Digital Mining Market Outlook, By Type (2018-2026) ($MN)
Table 27 South America Digital Mining Market Outlook, By Application (2018-2026) ($MN)
Table 28 Middle East & Africa Digital Mining Market Outlook, By Type (2018-2026) ($MN)
Table 29 Middle East & Africa Digital Mining Market Outlook, By Application (2018-2026) ($MN)