According to Publisher, the Global Mining Automation Market is accounted for $2.24 million in 2017 and expected to grow at a CAGR of 7.2% to reach $4.20 million by 2026. Factors such as the increasing need for worker safety, the increasing requirement enhancement in mining productivity, and the fall in operating expenses are driving the market growth.
Mining automation refers to highly efficient autonomous equipment installation that enhances productivity and improves safety which protects workers from the issues related to hazardous mining process. It automates the mining process for both surface and underground mining operation.
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