How big is the mining automation market | Size & Trends 2031

Q: How big is the mining automation market size?

The mining automation market is projected to reach USD 6.2 Billion by 2031.

Q: What is the CAGR of the mining automation market?

The mining automation market is expected to grow at a CAGR of 5.90% during the forecast period.

Q: How does automation improve mining operations?

It enhances productivity, lowers operational costs, increases safety, and reduces environmental impact through precise control and monitoring.

Q: What types of equipment are commonly automated in mining?

Commonly automated equipment includes haul trucks, drill rigs, loaders, and inspection drones used in surface and underground mines.

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Code: MTA7317

Publication Date: Aug 2025

How big is the mining automation market?

According to 6Wresearch internal database and industry insights, the Global Mining Automation Market was valued at USD 4 Billion in 2024 and is expected to reach USD 6.2 Billion by 2031, growing at a compound annual growth rate of 5.90% during the forecast period.

The increasing demand for worker safety, operational efficiency, and the incorporation of AI and IoT technologies in mining operations are driving market growth. The adoption of smart mining solutions is also being accelerated by strict government regulations and growing demand for sustainable mining practices.

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Growth Factors for Mining Automation Market

Fuel-efficient and cost-effective autonomous drilling and haulage systems.
Expansion of underground and deep-sea mining, which requires remotely operated equipment.
Efficient mining practices are supported by environmental policies and government regulations.
Increasing awareness of worker safety and reducing human error in hazardous mining environments.
The use of IoT sensors and real-time data for predictive maintenance and productivity is growing.

Mining Automation Market Trends

The Mining Automation Market is moving toward fully autonomous mining fleets that combine remote operation and AI-based decision-making. Use of drones for site monitoring and LiDAR for geological mapping is increasing. Businesses are also spending money on cloud-connected platforms for digital twins and real-time analytics to increase overall productivity and mine planning. These days, smart control rooms and predictive analytics are becoming indispensable parts of automated mining sites.

Emerging Developments in the Mining Automation Market

Emerging Developments in the Mining Automation Market include next-gen autonomous drill rigs, unmanned haulage systems, and AI-enhanced load-and-dump cycles. Interoperable platforms are being introduced by businesses to enable centralized management of fleets of mixed equipment. Tech companies and mining operators are forming strategic alliances to create modular automation solutions. To cut emissions and increase accuracy, research is also being done on remote-controlled robotic arms and battery-electric autonomous cars.

List of Leading Companies in the Mining Automation Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Sandvik AB

Company Name	Sandvik AB
Established Year	1862
Headquarters	Stockholm, Sweden
Official Website	*Click Here*

This company offers advanced automation solutions for mining, including autonomous loaders, trucks, and digital systems to boost underground mining efficiency.