Smart Mining Market : Future Forecast Assessed on the Basis of How the Market Is Predicted to Grow
Adoption of automated vehicles and technology will continue to gain traction in the mining industry, as operational efficiency and safety gain centre stage. During the forecast period 2015-2020, the global smart mining market is anticipated to increase at a compound annual growth rate (CAGR) of 14.5%, and rake in US$ 13 Bn in revenues. The key areas which are currently witnessing increasing automation include surface drilling technologies, simulator training, and machine guidance.
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