New York, April 22, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "North America Smart Mining Market to 2027 - Regional Analysis and Forecasts by Component ; Mining Type" - https://www.reportlinker.com/p05887400/?utm_source=GNW
The technological advancements across North America have led to a highly competitive market. North America attracts several technological developments, which consist of economically robust countries. The North American smart mining sector is experiencing growth, facing resistance, and bearing trends at global, regional, provincial/state, and local levels. The world’s largest mining companies have been working hard to cut down the costs and take the impairments required to support smart mining demand in North America.
Based on component, hardware segment led the smart mining market with a decent market share. In recent years, wearable devices have been noted to find applications in the mining industry to regulate production processes in hard rock mines, health and safety management in coal mines, and monitor environmental quality in industrial mineral mines.
The overall size of North American smart mining market has been derived using both primary and secondary sources.The research process begins with extensive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North American smart mining market.
It also provides an overview and forecast for the smart mining based on all segmentation provided with respect to the North American region.Also, primary interviews were conducted with industry participants and commentators in order to validate and analyze the data.
The participants who take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specialized in the smart mining industry. ABB Ltd, Alastri, Caterpillar Inc, SAP SE, Trimble Inc, and Hitachi Ltd, are among the key players present in the North American smart mining market.
Read the full report: https://www.reportlinker.com/p05887400/?utm_source=GNW
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North America Smart Mining Market to 2027 - Regional Analysis and Forecasts by Component ; Mining Type
The North American smart mining market was valued at US$ 2,059. 0 million in 2018 and is projected to reach US$ 10,099. 7 million by 2027; it is expected to grow at a CAGR of 19. 8% during 2019–2027. North America constitutes developed economies such as the US, Canada, and Mexico.
| Source: ReportLinker