Mining Robotics Market

Mining Robotics Market Size, Share, and Growth Forecast by Techniques (Underground Mining, Surface Mining, Others), by Applications (Hauling, Drilling and Blasting, Exploration, Excavation, Inspection and Maintenance, Misc., Others), and by Region for 2024-2031

Report ID: PMRREP34611

Number of Pages: 169

Format: PPT*, PDF, EXCEL

Industry: Semiconductor Electronics

Published Date: June-2024

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Mining Robotics Market Size and Share Analysis

The market is anticipated to rise from US$1.28 Bn in 2023 to US$2.69 Bn by the end of 2031. The market for robotics in the mining industry is expected to hold a CAGR of 9.8% during the projection period from 2024 to 2031

Key Highlights of the Mining Robotics Industry

  • Increasing worker safety concerns are fueling the need for mining robots.
  • The rising demand for productivity in the mining industry demands the use of robots.
  • The growing adoption of digitalization is propelling the robotics market in the mining industry.
  • The increasing need for efficiency in the workforce poses a demand for robots used in mining.


Key Insights

Market (2023E)

US$1.28 Bn

Projected Market Value (2031F)

US$2.69 Bn

Forecast Growth Rate (CAGR 2024 to 2031)


Historical Growth Rate (CAGR 2018 to 2022)


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Market Introduction and Trend Analysis

The mining robotics market is gaining traction due to various factors. The increasing need for worker safety in the mining industry is one of the key factors driving the market growth.

The awareness among mining companies of the safety hazards and risks such as falling rocks, fire, entrapment, and cave-ins can pose a danger to human workers.

In the US, around 1000 deaths per year occur in the mining industry, while some tragic mining accidents cause 12000 accidents each year, particularly in coal mining.

Introduction to mining robots can eliminate these accidents and deaths significantly. Employing a mining robot can lower the safety concerns and increase the efficiency.

Further, the ability of robots to perform 24/7 offers unparalleled productivity compared to human workers.

Advancements in robotics, such as the integration of AI, and remote sensing technologies, are propelling the market forward.

The introduction of autonomous robots and autonomous mining systems that function without human operators offers improved productivity, cost savings, and enhanced safety.

The novel trends like the use of digital twin technology, drones, and robotics and the development of swarm robotics are further improving the potential growth of the market.

Overall, adopting new trends and technologies is unlocking the full potential and growth of the market.

Historic Growth and Course Ahead

The mining robotics market has grown steadily over the past few years, fueled by factors such as demand for worker safety, productivity, enhanced efficiency, and automation in the mining industry. 

Mining is one of the industries impacted during the COVID-19 pandemic. For instance, Anglo American's diamond production was expected to decrease from more than 33 million carats in 2020 to 26.1 million carats due to the pandemic's restrictions.

However, the use of robotic mining has brought a boom in this industry. According to the report by PMR,  market shares are expected to reach US$2.69 Bn by 2031, increasing rapidly at a CAGR of 9.8% from 2024 to 2031.

The market is driven by several factors, including increasing investment in robot mining systems, increased digitalization and automation, and demand for precise and efficient work.

Further, advances in robotic technology like swarm robotics can assist in developing flexible systems for faster adaptation to new operating requirements. Autonomous robots bring productivity and safety to the mining industry.

The mining robotics companies are focusing on developing more efficient and reliable systems to offer enhanced safety and precision to the market. All these factors show a promising expansion in the market size in upcoming years.

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Mining Robotics Market Growth Drivers

Technological Advancements

The integration of Artificial Intelligence (AI), and machine learning algorithms is improving the capabilities of mining robots. They enable real-time decision-making, adaptation to changing environments, and improve the efficiency and safety of mining operations 

User of sensor technology is crucial for the functionality and reliability of mining robots. These sensors offer precise, reliable performance in harsh mining environments while consume minimal power

Further, adoption of autonomous mining systems is a notable trend, offering greater efficiency and safety compared to traditional methods.

Demand for Safety and Productivity

One of the most important benefits of automation in the mining industry is improved safety.

Robots can perform hazardous tasks without human presence, reducing the risk of accidents and enhancing overall safety in mining operations. For example, autonomous equipment has been shown to reduce accidents by more than 50%.

Robotic technology exceeds human capabilities in performing tasks with precision, which leads to increased efficiency, reduced waste, and improved productivity.

Need for Environmental Sustainability

Environmental sustainability is a major factor driving market trends. Mining robotics companies are increasingly investing in eco-friendly robotic solutions to minimize their carbon footprint.

Robotic mining techniques enable more precise extraction of minerals, reducing waste and environmental impact.

Further, use of AI and robotics facilitates effective environmental monitoring and management, supporting sustainable mining practices.

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Factors Impeding the Market

Higher Deployment Cost

One major challenge in the mining robotics market is the high cost of deployment of robots. Robots are expensive and need large capital for purchase. For example, one robot cost in the US is about US$2.5 Mn.

Equipment costs, maintenance and repair costs, and other system integration services make mining field robotics more expensive.

Further, the higher expectations associated with training for operators for the deployment of robots is another concern for market growth.

Labor Shortages

The mining industry faces challenges such as an aging workforce and difficulty attracting new talent.

As the mining industry is vulnerable to safety hazards and risks, people choose other industries over mining. The lack of personnel its challenging to operate robots and their related functions.

These factors are highly impacting the market growth during the forecast period.

Growth Opportunities the Market

The mining robotics industry is poised for significant growth, driven by advancements in technology, increasing safety, and productivity demands.

The integration of AI and machine learning in the market is expected to revolutionize the industry by enhancing decision-making, optimizing processes, and improving safety. 

The IoT technology in mining offers real-time data and analytics, enabling better mine management and operational efficiency.

Autonomous systems such as haul trucks, drilling robots, and robotic conveyor systems are gaining traction by enhancing efficiency, reducing human exposure to hazardous environments, and improving overall productivity.

Further, one of the most significant benefits of mining robotics is the improvement in worker safety.

Robots perform hazardous tasks without human intervention with higher productivity, reducing the risk of accidents, and enhancing overall safety in mining operations. 

Robots in mining also reduce environmental impact by optimizing resource use and reducing emissions, minimizing waste.

All these technologies and strategies are fueling the market growth. With these advances, the market is expected to reach US$2.69 Bn Mn by 2031.

Category-wise Analysis

Surface Mining Surges Ahead of Underground Mining  

Based on technique, the mining robotics market is categorized into two types: underground mining, and surface mining.

In 2021, surface mining dominated the market by obtaining the highest market share of US$39.5 Bn and was estimated to expand at a CAGR of 3.2% from 2024 to 2031.

The market was driven by technological advances such as the use of automation and remote monitoring and the integration of AI and machine learning. 

The underground mining category was valued at US$22.7 Bn in 2023 and is anticipated to reach US$37.2 Bn by 2033. It is steadily gaining market expansion at a CAGR of 6.8% during the forecast period.

The undergrad mining was adopted due to the wide range of innovations in this field. Some mining robots examples such as automated and semi-automated robots are being used in this segment.

For example, a European consortium developed a robot called UX-1 to navigate the Idrija mercury mine in Slovenia. The robot is part of a multi-robot platform called UNEXMiN, funded by the European Union's Horizon 2020 program.

The platform aims to re-evaluate abandoned mines for their mineral potential, reducing exploration costs and increasing investment security. The robot helps overcome challenges in flooded mines. 

Investments in R&D Uplift Europe’s Market for Mining Robotics

The mining robotics market is experiencing significant growth across various regions, among which Europe is leading the way with substantial hiring and revenue growth.

Europe is estimated to be US$13.14 Bn by 2024, with an annual growth rate of 3.83% between 2024 and 2028, resulting in a market volume of US$15.27 Bn by 2028.

The market growth is attributed to its strong manufacturing industry and investment in research and development. 

Increasing Installations Set the Bar to North America’s Dominance

North America is experiencing robust growth in the market, driven by increased installations and demand from various industries.

Companies based in the US, Canada, and Mexico installed 20,391 industrial robots in 2022, up 30% compared to 2021. Total installations in manufacturing rose by 12% and reached 41,624 units in 2022.

With these factors, the United States is projected to generate the highest revenue in the robotics market, reaching US$7.1 Bn by 2024.

Technological Advancements Accelerate Market Expansion in Asia Pacific

The Asia Pacific region is projected to experience substantial growth in the  market.

Asia Pacific is projected to grow at a CAGR of 17.99% from 2023-2029, reflecting strong growth potential in the region. This growth is attributed to increased hiring and technological advancements.

Recent Industry Developments

May 2024

NASA robotic mining competitions are promoting the robotics in mining industry. For example, NASA's Office of STEM Engagement invited collegiate teams to participate in the 2023 LUNABOTICS robotic mining competition.

In 2024, NASA's Lunabotics Challenge focused on autonomous robotic rovers capable of building berm structures from lunar regolith. These berms made with lunar mining robotics on the Moon can protect against lunar landings, launches, cryogenic propellant tank farms, and shield nuclear power plants from space radiation.

June 2024

ABB has developed automated robot charging technology to blast rock faces in underground mines, making mining safer by automating the manual process of charging blasting holes with explosives. The Robot Charger can be remotely controlled, safely charging bored holes without human intervention. This technology can be retrofitted to any charging truck, making integration seamless.

The technology has been tested at the world's most productive underground zinc mine, Boliden Garpenberg mine in Sweden. Experts believe that the Robot Charger will make mining more attractive and attract a wider range of people seeking jobs in mines.

Competitive Landscape Analysis

Robotics mining competition among the companies has risen due to the great potential of the market. The companies including Caterpillar, Komatsu Ltd., Hitachi Construction Machinery Co., Ltd., Sandvik AB, ABB, and Rockwell Automation are the leading players in the mining robotics market. 

The report of the  market offers valuable data while focusing on late trends and innovations in this dynamic industry.

These companies aim to expand their business by offering new products and developments. The focus is on adopting new business approaches, including acquisitions, partnerships, joint ventures, and mergers. Companies increase their market shares and product offering in several regions globally.

Further, investments for R&D activities and technology advancements in this market open new opportunities in the market.

Mining Robotics Market Report Scope



Forecast Period

2024 to 2031

Historical Data Available for

2018 to 2023

Market Analysis

US$ Billion for Value

Key Country Covered

  • The U. S.

Key Market Segments Covered

  • By Techniques
  • By Applications

Key Companies Profiled

  • Caterpillar
  • Komatsu Ltd.
  • Hitachi Construction Machinery Co., Ltd.
  • Sandvik AB
  • ABB
  • Rockwell Automation
  • Hexagon AB
  • Cognex Corporation
  • HollySys
  • Autonomous Solutions, Inc.
  • Epiroc
  • Others

Report Coverage

  • Market Forecast
  • Company Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives  

Customization & Pricing

Available upon request

Mining Robotics Market Segmentation

By Applications:

  • Hauling
  • Drilling and Blasting
  • Exploration
  • Excavation
  • Inspection and Maintenance
  • Misc.
  • Others

 By Techniques:

  • Underground Mining
  • Surface Mining
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia Pacific
  • East Asia
  • Middle East and Africa (MEA)

For report customisation and delivery information contact our sales representative.

Companies Covered in This Report

  • Caterpillar
  • Komatsu Ltd.
  • Hitachi Construction Machinery Co., Ltd.
  • Sandvik AB
  • ABB
  • Rockwell Automation
  • Hexagon AB
  • Cognex Corporation
  • HollySys
  • Autonomous Solutions, Inc.
  • Epiroc
  • Others

Frequently Asked Questions

The market is expected to rise from US$1.28 billion in 2023 to US$2.69 billion by the end of 2031.

Rising demand for worker safety, productivity, and digitalization are propelling market growth.

Caterpillar, Komatsu Ltd., Hitachi Construction Machinery Co., Ltd., Sandvik AB, ABB, and Rockwell Automation are some of the leading market companies.

The challenges, such as higher deployment costs of robots and labor shortages in the mining industry, are restraining the market expansion.

Integration of AI and machine learning, IoT technology, drones, and novel advancements in robotics are the key opportunities in the market.

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