The global smart mining market is anticipated to grow at a CAGR of 0.3% during the forecast period. The growing partnership among key player to expand their global reach is a key contributors to the growth of the global smart mining market. For instance, In March 2023, Huawei announced collaboration with Botswana’s Debswana Diamond Company (Pty) Ltd. on the world’s first 5G smart diamond mine project. This high-speed 5G connection between the mine’s production, safety and security systems will improve operational efficiency and provide reliable protection for staff and vehicles. 5G can also support the application of cutting-edge technologies, like autonomous driving, enabling more intelligent digital transformation of the mining industry in the future.
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The Government of Botswana will continue to put in place facilitation measures to further support the digital transformation agenda across all sectors, including the mining industry and welcomes international companies, such as Huawei, to participate in this agenda. Policy measures are already underway including a formulated digitalization agenda and a roadmap for 5G implementation. Huawei utilizes its strengths in technologies, like 5G, cloud, AI, and IoT, to develop smart mine solutions that are based on an industrial internet architecture for customers in the mining industry worldwide. Further, in December 2022, Huawei deploys Smart Mining Solution for potash mine in Laos
Global Smart Mining Market Report Segment
By Solution
- Smart Control System
- Smart Asset Management
- Safety & Security System
- Data Management and Analytics Software
- Monitoring System
By Service Type
- System Integration
- Consulting Service
- Engineering & Maintenance
By Mining Type
- Underground Mining
- Surface Mining
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Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- ABB Ltd.
- Atlas Copco
- Caterpiller Inc.
- Epiroc AB
- Hexagon AB
- Hitachi Construction Machinery Co. Ltd.
- IBM Corp.
- Metso Outotec OYJ
- MineExcellence
- Proterra Inc.
- Robert Bosch GmbH
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