Mine Planning Solutions Market to Reach Valuation of ~US$ 2 Mn by 2027; Growing Use of Automated Industrial Solutions at Mining Sites Drive Prospects, Notes TMR

- Array of Solutions Aimed at Bridging Gap Between Enterprise Resources Planning And Process Control in Mining Operations; Cost Efficiencies of Novel Technologies and Reduction in Environmental Footprint Key Driver for Demand in Mine Planning Solutions Market

- Cloud-based Solutions to Gather Traction; Advantages of Automation to Offer Silver Lining for Disruption Due to COVID-19 Pandemic

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Transparency Market Research

Jun 10, 2020, 07:30 ET

ALBANY, New York, June 10, 2020 /PRNewswire/ -- A wide range of automated technologies such as cutting-edge augmented reality (AR), virtual reality (VR), spatial data visualization, and 3D modeling have made inroads in mining sector. Solution providers in the global mine planning solutions market are increasingly geared toward improving the life cycle of mining sites, making these operations more environmentally friendly. The global mine planning solutions market is expected to rise from revenues at ~US$ 0.700 bn in 2019 to ~US$ 2 bn by 2027-end.

Analysts at mine planning solutions market project the mine planning solutions market to rise at CAGR of ~13% from 2019 to 2027. Sheer pace of industrialization and urbanization has spurred the demand for smart mine planning solutions.

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Key Findings of Mine Planning Solutions Market Report

Of all the solutions, the solution segment led the market in 2019, and is expected to rise at the most prominent growth rate in future through 2027
Of all the deployment, cloud-based solutions are expected to source of vast revenue streams; their demand is thriving on back of robust IT infrastructure
Of the various application types, open mining surface is expected to hold a dominant share during the assessment period 2020 – 2027; it has significant advantage over underground mining
Based on various regions, North America is expected to hold a promising share in mine planning solutions market throughout the forecast period; Europe expected to a promising revenue generator
Rapid integration of smart industry technologies key to growth of North America and Europe markets

Explore 298 pages of Mine Planning Solutions Market (Component: Solution and Training & Services; Deployment: On-premise and Cloud; and Application: Open Mining Surface and Underground Mining Surface) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027 at https://www.transparencymarketresearch.com/mine-planning-solutions-market.html

Mine Planning Solutions Market: Key Driving Factors and Promising Avenues

The steady drive for making metal and mineral extractions sustainable has propelled the expansion of the mine planning solutions market. Geologists and planners have been harnessing the benefits of smart solutions of Industry 4.0 to make mining profitable and more environmental-friendly.

The use of new automation tools such as AR, VR, and 4D modelling in improving the accuracy of planning in mining operations is a key trend opening new avenues in the mine planning solutions market.

Analyze Mine Planning Solutions Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Key Impediments for Mine Planning Solutions Market Players

In recent months, the rapidly, emerging novel coronavirus pandemic has hurt the mining sector substantially. This is evident in several mining projects being put to grinding halt in key economies that contribute significant share to the mining sector. This has greatly shaken the demand in the mine planning solutions market.

However, the benefits of automation will gradually be realized as the sector opens up post COVID-19. With easing restriction, the mining sector will also attract more production workers to resume working, fueling demand for smart mine planning solutions market.

Some of the well-entrenched players in the mine planning solutions market are Trimble Inc., Vareli Tecnac Pvt. Ltd. Minemax, John Wood Group Plc. and Dassault Systems.

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Global Mine Planning Solutions Market: Regional Landscape

Presently, providers of mine planning solutions have set their sights on opportunities in North America and Europe. Soon, they will setting their sights on developing regions of the world, most notably Asia Pacific countries. Rapidly increasing adoption of Industry 4.0 solutions in the mining sector has opened several lucrative avenues for players in this regional market.

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Mine Planning Solutions Market: Segmentation

By Component

Solution

Integrated Solutions
Standalone Solutions (Modules)

Designing
Scheduling
Drill & Blast
Geology
Training & Services

By Deployment

On-premise
Cloud

By Application

Open Mining Surface
Underground Mining Surface

By Region

North America

U.S.
Canada
Rest of North America

Europe

Germany
U.K.
France
Rest of Europe

Asia Pacific

China
India
Japan
Australia
Rest of Asia Pacific

Middle East & Africa

UAE
South Africa
Rest of Middle East & Africa

South America

Brazil
Rest of South America

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