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SMART MINING MARKET ANALYSIS

Smart Mining Market, By Type (Automated Equipment (Driller & Breaker, Load Haul Dump (LHD), Mining Excavator, Robotic Truck, and Other Equipment) and Component (Hardware, Solution, and Service)), By Solution (Data & Operation Management Software, Analytics Solution, Connectivity Solution, and Other Solution), By Service (Engineering & Maintenance, Consulting Service, Production Training Service, and Implementation & Integration Service), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Market News

Global Smart Mining Market: Key Developments

In March 2021, ABB, an automation company, partnered with Hitachi Construction Machinery Co. Ltd., a multinational conglomerate corporation. This partnership will use ABB's digital and automation solutions for Hitachi mining trucks and excavators.

In September 2021, Komatsu, a manufacturing company, introduced new machine features and a next-generation conveyor chain to assist mines in maximizing uptime and increasing productivity

In June 2022, Mine Site Technologies, a provider of mining operational optimization platforms, acquired Komatsu Ltd., a manufacturing company. This acquisition will assist Komatsu in assisting customers in the development of digital ecosystems, by providing real-time insights and warnings, voice and communication technologies, software solutions, a solid network infrastructure, and wireless and geospatial technologies.

In October 2021, Proterra Inc., an automotive and energy storage company, collaborated with Komatsu, a manufacturing company. This collaboration will allow usage of Proterra's battery technology to electrify next-generation underground mining machines.

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