Sep 22, 2022

News provided by Share this article Share this article NEW YORK, Sept. 21, 2022 /PRNewswire/ -- The " Robotics Market in Mining Industry by Application and Geography - Forecast and Analysis 2022-2026 " report has been added to Technavio's offering. According to the report the market is fragmented and highly competitive. The vendors in the market are competing in terms of cost, product quality, reliability, and aftermarket service. They are focusing on enhancing their in-house manufacturing capabilities, product offerings, R&D investments, a global network, newer technologies, and a strong client base to gain an edge over competitors. Get deeper insights into the vendor landscape, strategies adopted by them, and other important factors. Buy Full Report Now Technavio has announced its latest market research report titled Global Robotics Market in Mining Industry 2022-2026 Technavio expects the global robotics market in the mining industry to record an incremental growth of USD 2.04 billion, accelerating at a CAGR of 20.08% between 2021 and 2026. The report considers various factors such as investments related to CAPEX from the industrial sector, revenue generated by industrial machinery manufacturing companies, commodity price fluctuations, purchasing managers index (PMI), and other factors to estimate the size of the market. The report identifies ABB Ltd., Airobotics Ltd., Autonomous Solutions Inc., Caterpillar Inc., Cisco Systems Inc., Clearpath Robotics Inc., Hexagon AB, Hitachi Ltd., Komatsu Mining Corp., Mine Site Technologies Pty Ltd., Nabors Industries Ltd., Percepto, Rockwell Automation Inc., Sandvik AB, Symboticware Inc., Trimble Inc., and Zyfra LLC as dominant vendors. Although the increase in technology investment by mining companies will offer immense growth opportunities, the high cost of deployment will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here The global robotics market in the mining industry is segmented as below: Application  Robotics Market in Mining Industry 2022-2026: Vendor Analysis We provide a detailed analysis of around 25 vendors operating in the robotics market in the mining industry. Backed with competitive intelligence and benchmarking, our research report on the robotics market in the mining industry is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support. Robotics Market in Mining Industry 2022-2026: Key Highlights CAGR of the market during the forecast period 2022-2026 Detailed information on factors that will assist robotics market growth in the mining industry during the next five years Estimation of the robotics market size in the mining industry and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the robotics market in the mining industry Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of robotics market vendors in the mining industry Related Reports: Companies profiled ABB Ltd., Airobotics Ltd., Autonomous Solutions Inc., Caterpillar Inc., Cisco Systems Inc., Clearpath Robotics Inc., Hexagon AB, Hitachi Ltd., Komatsu Mining Corp., Mine Site Technologies Pty Ltd., Nabors Industries Ltd., Percepto, Rockwell Automation Inc., Sandvik AB, Symboticware Inc., Trimble Inc., and Zyfra LLC Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table Of Contents: Exhibit 27: Data Table on Comparison by Application 5.3 Material handling - Market size and forecast 2021-2026 Exhibit 28: Chart on Material handling - Market size and forecast 2021-2026 ($ million) Exhibit 29: Data Table on Material handling - Market size and forecast 2021-2026 ($ million) Exhibit 30: Chart on Material handling - Year-over-year growth 2021-2026 (%) Exhibit 31: Data Table on Material handling - Year-over-year growth 2021-2026 (%) 5.4 Surveying and mapping - Market size and forecast 2021-2026 Exhibit 32: Chart on Surveying and mapping - Market size and forecast 2021-2026 ($ million) Exhibit 33: Data Table on Surveying and mapping - Market size and forecast 2021-2026 ($ million) Exhibit 34: Chart on Surveying and mapping - Year-over-year growth 2021-2026 (%) Exhibit 35: Data Table on Surveying and mapping - Year-over-year growth 2021-2026 (%) 5.5 Drilling - Market size and forecast 2021-2026 Exhibit 36: Chart on Drilling - Market size and forecast 2021-2026 ($ million) Exhibit 37: Data Table on Drilling - Market size and forecast 2021-2026 ($ million) Exhibit 38: Chart on Drilling - Year-over-year growth 2021-2026 (%) Exhibit 39: Data Table on Drilling - Year-over-year growth 2021-2026 (%) 5.6 Others - Market size and forecast 2021-2026 Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million) Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million) Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%) Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%) 5.7 Market opportunity by Application Exhibit 44: Market opportunity by Application ($ million) 6 Customer Landscape Exhibit 49: Data Table on Geographic comparison 7.3 APAC - Market size and forecast 2021-2026 Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million) Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million) Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%) Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%) 7.4 North America - Market size and forecast 2021-2026 Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million) Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million) Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%) Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%) 7.5 Europe - Market size and forecast 2021-2026 Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million) Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million) Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%) Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%) 7.6 South America - Market size and forecast 2021-2026 Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million) Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million) Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%) Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%) 7.7 Middle East and Africa - Market size and forecast 2021-2026 Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million) Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million) Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%) Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%) 7.8 China - Market size and forecast 2021-2026 Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million) Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million) Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%) Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%) 7.9 US - Market size and forecast 2021-2026 Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million) Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million) Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%) Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%) 7.10 Australia - Market size and forecast 2021-2026 Exhibit 78: Chart on Australia - Market size and forecast 2021-2026 ($ million) Exhibit 79: Data Table on Australia - Market size and forecast 2021-2026 ($ million) Exhibit 80: Chart on Australia - Year-over-year growth 2021-2026 (%) Exhibit 81: Data Table on Australia - Year-over-year growth 2021-2026 (%) 7.11 Russia - Market size and forecast 2021-2026 Exhibit 82: Chart on Russia - Market size and forecast 2021-2026 ($ million) Exhibit 83: Data Table on Russia - Market size and forecast 2021-2026 ($ million) Exhibit 84: Chart on Russia - Year-over-year growth 2021-2026 (%) Exhibit 85: Data Table on Russia - Year-over-year growth 2021-2026 (%) 7.12 India - Market size and forecast 2021-2026 Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million) Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million) Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%) Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%) 7.13 Market opportunity by geography Exhibit 90: Market opportunity by geography ($ million) 8 Drivers, Challenges, and Trends 8.1 Market drivers Exhibit 91: Impact of drivers and challenges in 2021 and 2026 8.4 Market trends 9.3 Landscape disruption 9.4 Industry risks Exhibit 143: List of abbreviations in manufacturing industry: Market dynamics in some major processes and discrete industries are changing drastically, and manufacturers are gradually feeling the brunt of excessive demand fluctuations. The fluctuating prices of oil and gas and metals in the global market and the shortage of a skilled workforce worldwide have directly affected the profitability of manufacturing companies. A sudden and unexpected shift in market dynamics can drastically impact manufacturing processes and investments in capital goods. slowdown in the automotive industry: High motorization rates in North America and Europe, the increase in tariffs on imported vehicles in the US and China, and the global economic slowdown are likely to reduce vehicle sales in the coming years. Anticipating a decline in vehicle sales, several vehicle manufacturers are halting their vehicle production. For instance, in March 2019, Ford announced the shutdown of its three vehicle-manufacturing sites in Russia. Similarly, in August 2019, Mahindra and Mahindra Ltd. stopped vehicle production at its manufacturing units in India for 8-14 days. During the same month, Maruti Suzuki announced that it had cut its vehicle production for the sixth consecutive month in 2019. In August 2019, Honda announced a halt in car production at its Argentina-based manufacturing plants. Such a slowdown in the automotive industry is expected to hamper the growth of the market during the forecast period. About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact