The global market for mining automation was valued at approximately USD 3.75 billion in 2024. It is expected to grow steadily, reaching around USD 3.96 billion in 2025. Forecasts indicate the market will expand further to about USD 5.93 billion by 2030, with a compound annual growth rate (CAGR) of 8.4% between 2025 and 2030.
This growth reflects increasing adoption of automated technologies in mining operations aimed at improving efficiency and safety. Market expansion is driven by advancements in robotics, artificial intelligence, and remote monitoring systems within the mining industry.
**Why this matters**
The rising investment in mining automation signals a shift toward more technologically advanced and sustainable mining practices. Automation can reduce operational costs, enhance worker safety, and improve resource management, making it a critical focus area for mining companies worldwide.
Source: News Source