Mines and coal companies are reducing investment outlays and extending payment deadlines for liabilities to suppliers of goods and services. These factors might increase adoption of digital strategies in mining industry, thus promoting product demand. Mine planning software will help in achieving compliance along with that it will facilitate mine operations in achieving operate ability along with balancing cost which will further propel product demand.
European mining industry aims to improve mining sector and extract raw material efficiently to reduce dependence on imports. Also, the mining exploration takes a long time and the procedures are expensive which has led to increase in initiatives to increase operational efficiencies thus driving investments in these directions, thereby propelling mine planning solutions growth.
The report analyses the Europe mine planning solutions market based on component, deployment, application and geography.
Various components studied are segmented into solutions and training & services. The solutions are further divided into integrated and standalone solutions. Standalone solutions are further divided into designing, scheduling, drill & blast, and geology.
Furthermore, deployment models studied in the market includes on premise and cloud based. Strong trend to move software applications and data to the cloud and in many industries this has led to a number of advantages in reduced costs, flexibility, and operational efficiency which has led to high investments in cloud based deployment model. Cloud based software deployment models involves full service responsibility of IT vendor which includes software, hardware and infrastructure, thus there is no need for specialized IT environment reducing cost which will favor its adoption even in mining industry, thus driving market growth
Various application considered in this study includes open mining surfaces and underground mining surfaces.
The Europe mine planning solutions market is studied for the key regions such as, Germany, UK, Italy, Spain and Rest of Europe. Along with this growing application of process Optimisation/atomisation provides benefits for low cost, high-volume and low labour mines which have led to increase in demand for mine planning solutions in Germany. Germany based mine players are seeking opportunities in partnering with new overseas player to expand markets which will propel product demand.
The key competitors of this market include Bentley Systems, Incorporated, Dassault Systems, Hexagon Ab, Infosys Limited, John Wood Group Plc, Micromine Pty Ltd., Minemax Pty. Ltd, Rpmglobal, Trimble Inc., Vareli Tecnac Pvt. Ltd.
The report analyses the Europe mine planning solutions market based on type, application, construction type and geography. Various product studied are segmented into bituminous, elastomeric and cementitious. Furthermore, application studied in the market includes roofing, underground construction, walls and others. Additionally, end-user construction type considered in this study includes residential construction, commercial construction, and public infrastructure construction. The Europe market is studied for the key countries such as, Germany, UK, France, Italy and Spain among others.
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