Mining Automation Market Projected to Near $10 B by 2030
Industry analysis forecasts that the global mining automation market, valued at roughly $5.94 billion today, will grow to about $9.92 billion by 2030. The expansion is driven by AI‑based fleet optimisation, autonomous haulage trucks and broader adoption of automation and electrification in new equipment. By 2027, more than 60 % of fresh mining‑equipment purchases are expected to include automation or electrification technologies, reflecting tighter environmental regulations and cross‑sector influences from agriculture and forestry.
These trends promise efficiency gains, with AI‑driven fleet systems able to recover up to 18.4 % of equipment utilisation losses in high‑volume mines. Modular, low‑impact machines with telematics and advanced safety features are becoming essential for operators seeking to reduce downtime, extend asset lifecycles and meet sustainability targets.