Mining Automation Market Report 2026

The mining automation market size has grown strongly in recent years. It will grow from $4.21 billion in 2025 to $4.56 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to rising labor cost pressures, increasing safety concerns in mining operations, adoption of gps-enabled equipment, early implementation of mining software platforms, growth of large-scale mining sites.

The mining automation market size is expected to see strong growth in the next few years. It will grow to $6.36 billion in 2030 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to increasing investments in fully autonomous mines, rising focus on operational efficiency optimization, expansion of ai-driven decision-making systems, growing demand for real-time mine analytics, increasing integration of digital twins in mining. Major trends in the forecast period include increasing deployment of autonomous haulage systems, rising adoption of fleet management software, growing integration of remote monitoring technologies, expansion of predictive maintenance solutions, enhanced use of robotics in hazardous mining areas.

The increasing demand for mining activities is projected to drive the growth of the mining automation market in the future. Mining activities involve the extraction of valuable or useful minerals from the Earth and encompass all operations related to mineral and metal exploration and production. Mining automation enhances safety, productivity, and reduces production loss in mineral operations, meaning that a rise in mineral activities will further stimulate market growth. For example, in March 2024, Statistics Botswana, the national statistical bureau of Botswana, reported that the index of mining production reached 101.8 in the fourth quarter of 2023, compared to 97.3 in the same quarter of the previous year, indicating a year-on-year growth of 4.6%. Thus, the increasing demand for mining activities is propelling the mining automation market.

Major players in the mining automation sector are focused on introducing sophisticated automated solutions such as advanced hammer tool systems for surface and underground mining. These systems play a crucial role in facilitating efficient drilling operations, ultimately aiding in resource extraction. Sandvik's launch of the CT55 and CT67 in November 2023 showcases groundbreaking top hammer tool systems that improve productivity, lower expenses, and streamline automated drilling for various mining applications. Sandvik's innovative curved thread design reduces stress levels within the tool, optimizing drilling force and rig capacity.

In August 2024, Sandvik AB, a Sweden-based engineering firm, acquired Universal Field Robots (UFR) for an undisclosed amount. This acquisition aims to enhance Sandvik's mining automation solutions and expand its market presence by integrating UFR's autonomous technologies into Sandvik's existing product offerings. Universal Field Robots (UFR) is an Australia-based technology company that specializes in developing advanced robotic and automation technologies specifically for mining operations.

Major companies operating in the mining automation market are Hexagon AB, Rockwell Automation Inc., Komatsu Ltd., Rio Tinto Group, Autonomous Solutions Inc., Sandvik AB, Caterpillar Inc., Hitachi Construction Machinery Co. Ltd., RPM Global Holdings Limited, Trimble Inc., Siemens Aktiengesellschaft, Mine Site Technologies Pty. Limited, Symboticware Inc., ABB Ltd., Epiroc AB, Atlas Copco AB, Remote Control Technologies Pty. Ltd., AB Volvo, Fluidmesh Networks LLC, Joy Global Inc., Cisco Systems Inc., Schneider Electric SE, Wenco International Mining Systems Ltd., MST Global, MineSense Technologies Ltd., Mobilaris Mining Intelligence, IntelliSense.io, MineWare Pty. Ltd., Maptek Pty. Ltd., Micromine Pty.Ltd.

Asia-Pacific was the largest region in the mining automation market in 2025. The regions covered in the mining automation market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the mining automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The mining automation market includes revenues earned by entities by process instrumentation and analytics, gearless mill control, and advanced process control. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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