Connected Mining Market will register a CAGR of 21% during 2020-2024. The market’s growth momentum will Accelerate.
increasing availability of advanced aerial imagery will be one of the major factors driving the growth of this market. Additionally, key Connected Mining Market trends such as the technological improvements in automated mining equipment will also influence market growth during the forecast period.
Connected Mining Market Size
During the forecast period, the Connected Mining Market size will grow by USD 17.02 bn.
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Connected Mining Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Connected Mining Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the will also challenge the growth of the companies.
ABB Ltd. | Accenture Plc | Caterpillar Inc. | Cisco Systems Inc. | Hexagon AB | Hitachi Construction Machinery Co. Ltd. | Komatsu Ltd. | Rockwell Automation Inc. | Telefonaktiebolaget LM Ericsson | Trimble Inc..list
are some of the companies covered in Technavio’s Connected Mining Market report for 2020-2024.
Connected Mining Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Connected Mining Market.
The North America will account for the largest Connected Mining Market share and during 2020-2024, the region will contribute to 35% of the market’s growth.
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