Mining Automation Market Size, Share and Industry Report 2024

Imracrahul16 Oct, 2024Business

The global mining automation market size reached US$ 4.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.7% during 2024-2032. The growing emphasis on safety and risk reduction in mining, the increasing complexity of mining operations, extensive research and development (R&D) activities, and the implementation of supportive government policies are some of the major factors propelling the market.