Global Smart Mining Markets, 2012-2019 & 2020-2027 - U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 18.8% CAGR

DUBLIN, Jan. 28, 2021 /PRNewswire/ -- The "Smart Mining - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Smart Mining Market to Reach $26.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Smart Mining estimated at US$7.5 Billion in the year 2020, is projected to reach a revised size of US$26.5 Billion by 2027, growing at a CAGR of 19.8% over the analysis period 2020-2027.

Smart Control Systems, one of the segments analyzed in the report, is projected to record a 16.9% CAGR and reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smart Asset Management segment is readjusted to a revised 20.4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 18.8% CAGR

The Smart Mining market in the U. S. is estimated at US$2.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2027 trailing a CAGR of 18.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.6% and 16.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.3% CAGR.

Safety and Security Systems Segment to Record 18.4% CAGR

In the global Safety and Security Systems segment, USA, Canada, Japan, China and Europe will drive the 18.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$735.3 Million in the year 2020 will reach a projected size of US$2.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.2 Billion by the year 2027.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• ABB Group
• Cisco Systems, Inc.
• Rockwell Automation, Inc.
• SAP SE
• Wenco International Mining Systems

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Smart Mining Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

• World Current & Future Analysis for Smart Mining by Geographic Region - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
• World 7-Year Perspective for Smart Mining by Geographic Region - Percentage Breakdown of Value Sales for Years 2020 & 2027
• World Current & Future Analysis for Smart Control Systems by Geographic Region - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
• World 7-Year Perspective for Smart Control Systems by Geographic Region - Percentage Breakdown of Value Sales for Years 2020 & 2027
• World Current & Future Analysis for Smart Asset Management by Geographic Region - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
• World 7-Year Perspective for Smart Asset Management by Geographic Region - Percentage Breakdown of Value Sales for Years 2020 & 2027
• World Current & Future Analysis for Safety and Security Systems by Geographic Region - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
• World 7-Year Perspective for Safety and Security Systems - Value Sales for 2020 & 2027
• World Current & Future Analysis for Data Management and Analytics Software by Geographic Region - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
•  World 7-Year Perspective for Data Management and Analytics Software by Geographic Region - Percentage Breakdown of Value Sales for Years 2020 & 2027
• World Current & Future Analysis for Monitoring Systems by Geographic Region - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
• World 7-Year Perspective for Monitoring Systems by Geographic Region - Percentage Breakdown of Value Sales for Years 2020 & 2027
• World Current & Future Analysis for Other Solutions by Geographic Region - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
• World 7-Year Perspective for Other Solutions by Geographic Region - Percentage Breakdown of Value Sales for 2020 & 2027
• World Current & Future Analysis for System Integration by Geographic Region - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
• World 7-Year Perspective for System Integration by Geographic Region - Percentage Breakdown of Value Sales for Years 2020 & 2027
• World Current & Future Analysis for Consulting by Geographic Region - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
• World 7-Year Perspective for Consulting by Geographic Region - Percentage Breakdown of Value Sales for 2020 & 2027
• World Current & Future Analysis for Engineering & Maintenance by Geographic Region - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027
• World 7-Year Perspective for Engineering & Maintenance by Geographic Region - Percentage Breakdown of Value Sales for Years 2020 & 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

• Market Facts & Figures
• Smart Mining Market Share (in %) by Company: 2019 & 2025
• Market Analytics
• Current & Future Analysis for Smart Mining by Solution - Smart Control Systems, Smart Asset Management, Safety and Security Systems, Data Management and Analytics Software, Monitoring Systems and Other Solutions - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
• 7-Year Perspective for Smart Mining by Solution - Percentage Breakdown of Value Sales for Smart Control Systems, Smart Asset Management, Safety and Security Systems, Data Management and Analytics Software, Monitoring Systems and Other Solutions for the Years 2020 & 2027
• Current & Future Analysis for Smart Mining by Service Type - System Integration, Consulting and Engineering & Maintenance - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
• 7-Year Perspective for Smart Mining by Service Type - Percentage Breakdown of Value Sales for System Integration, Consulting and Engineering & Maintenance for the Years 2020 & 2027

IV. COMPETITION

• Total Companies Profiled: 42

For more information about this report visit https://www.researchandmarkets.com/r/3mf9go

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