Companies operating in the mining sector are projected to leverage new technologies such as spatial data efficiently to minimize costs and reduce the overall impact on the environment. While improving efficiency and minimizing the environmental footprint are the key areas within the mining sector that are expected to take notable strides during the forecast period, mine planning solutions are also likely to improve workforce safety across mines worldwide. The growing adoption of sensors, large-scale use of cameras, and high demand for imaging techniques are some of the leading factors that are likely to propel the mine planning solutions market during the forecast period.
Over the last several years, there has been an increase in the number of foreign mining companies acquiring assets in the United States. While a number of non-US based companies have long controlled many of the largest mines in the United States, the past several years has seen the entry of a number of new non-domestic majors. Investment in domestic precocious metal assets has included foreign acquisition of producing mines, as well as investment in the exploration space will propel product demand.
The report analyses the U.S. 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. On premise solutions are popular for their functionality regardless of an internet connection which can be profitable for some companies. Data will be available at fasted speed backed by high levels of customization as the software’s are host on site.
Various application considered in this study includes open mining surfaces and underground mining surfaces. High operating costs of underground mining bring significant challenges to mining companies. To deal with the challenges associated with high operating costs of underground mining, the mining companies put their efforts to reduce cost and increase the efficacy of mining practices which will enhance product demand.
U.S. Mine planning solutions will observe robust growth in coming years owing to rapid surge in mining activities owing to increasing consumption of precious metals and base metals in several applications will have positive impact on product demand. Presence of key players in the market will further drive industry growth. Furthermore, the regulatory and technical aspects of the U.S. mining industry are complex, with overlapping laws, regulatory agencies, and state and federal roles for the different types of mining which will boost demand for mine planning solutions to achieve compliance
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 U.S. 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 market is studied specifically for U.S. country.
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