The Global Blasting Automation Services Market was valued at $487.1 Million in 2020. Growing at a high CAGR of more than 9.8% between 2021 and 2031, it is estimated to reach $1237.1 Million by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. The use of the latest technology to automate the drilling and blasting operations that will allow the mine owners to improve productivity and free the resources for mission-critical tasks will help to accelerate the growth of this market during the forecasted period.
Global Blasting Automation Services Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Blasting Automation Services Market has been segmented into applications. on the basis of application, it has been segmented into Metal Mining, Non-Metal Mining, Coal Mining.
By Region, Asia Pacific Is Holding The Major Market Share
The Global Blasting Automation Services Market has been geographically segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In addition to this, Asia Pacific Global Blasting Automation Services Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the upcoming forecasted period. China and Australia are home to many gold mines, iron and coal mines. Due to this reason, local blasting service providers are now opting to collaborate with automation service providers to offer blasting automation services to the local mines. This has led the region to dominate the market. Besides this Latin America is also going to witness remarkable growth during the forecasted period.
Major Players in Global Blasting Automation Services Market
Some of the major players in the Global Blasting Automation Services Market include Autonomous Solutions, Inc., iRing Inc., Orica Limited, MineWare Pty Ltd., Dyno Nobel, Orica Limited, Epiroc, Modular Mining Sytems, Rio Tinto, Rockwell Automation, Inc., Sasol.
Scope of the Report:
Report Coverage |
Details |
||
Base Year: |
2020 |
Market Size in 2020: |
US$ 487.1 Million |
Historical Data for: |
2018 to 2020 |
Forecast Period: |
2021 to 2031 |
Forecast Period 2021 to 2031 CAGR: |
9.8% |
2031 Value Projection: |
US$ 1237.1 Million |
Segments covered: |
By Application - Metal Mining, Non-Metal Mining, Coal Mining | ||
Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Africa: South Africa, North Africa, and Africa Middle East: GCC, Israel, and Rest of Middle East Latin America: Brazil, Argentina, Rest of Latin America |
||
Companies covered: |
Autonomous Solutions, Inc., iRing Inc., Orica Limited, MineWare Pty Ltd., Dyno Nobel, Orica Limited, Epiroc, Modular Mining Sytems, Rio Tinto, Rockwell Automation, Inc., Sasol. |
The Global Blasting Automation Services Market Has Been Segmented Into:
Global Blasting Automation Services Market, By Application Type
Global Blasting Automation Services Market, By Region
Customization options available to meet your custom research requirements :