Mining Laboratory Automation Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Mining Laboratory Automation Market By Product (Container Laboratory, Robotics, Automated Analyzers and Sample Preparation Equipment, and Laboratory Information Management Systems (LIMS)Systems), End User (Large Enterprises, and SMEs), and Geography

 

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Report

Description

Mining Laboratory Automation Market is expected to be valued at USD 391.8 million in 2022 and is poised to grow at a significant CAGR of 1.9% over 2022–2028. Lab Automation is the process in which tools and equipment can be measured with minimum interaction. Laboratory automation is the integration of automated technologies into the laboratory to empower new and improved processes. The market of mining laboratory automation market is primarily driven by the increasing demand for automation equipment in the mining industry to augment productivity and improve workers’ safety.  Additionally, during COVID-19 pandemic has also driven the demand for automation primarily to cope with the shortage of labour, and is further expected to rise over the forecasted period. Furthermore, the deployment of automation, AI, and robotics is increasing due to maximizing productivity and reducing operational costs for laboratories, which is further anticipated to boost market growth. However, higher initial setup costs such as the cost to set the laboratory automation module, including software, increase the overall cost, which is restricting the market growth to some extent. Numerous mining operations make partnerships with technology-based industries to deploy and innovate creative solutions in their operations, to enhance the safety of the people working in the mines. Furthermore, many technological advancements take place which provides numerous growth opportunities. For instance, In March 2020, Nokia collaborated with CENGN and NORCAT to make installation and operate a private LTE/4.9G wireless connectivity network in NORCAT’s underground Centre.

Recent Market Developments:

In April 2020 – Bruker Corporation launched its benchtop energy dispersive X-ray Fluorescence (EDXRF) spectrometer, S2PUMA Series 2, which is equipped with high sense technology for increases in quantity by about a factor of three times. It comes with more features and faster algorithms, leading to circa-40% shorter evaluation times.

Mining Laboratory Automation Market

MARKET SUMMARY
-
1.9%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 1.9%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Mining Laboratory Automation Market

  • The report on global mining laboratory automation market gives historical, current and future market sizes (US$ Mn) on the basis of product, end-user, and geography.
  • The mining laboratory automation market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Datech Scientific Ltd.
  • Intertek Group PLC
  • Nucomat
  • HERZOG Automation Corp.
  • FLSmidth A/S
Mining Laboratory Automation Market Dynamics

The global market for mining laboratory automation is growing due to the increasing acceptance of technologically advanced systems such as the deployment of automation, AI, and robotics in a large number of industries to enhance productivity and mitigate operational costs for laboratories. Furthermore, major mining operations have partnerships with technology companies to deploy and innovate creative solutions in their operations, to increase the safety of workers. Moreover, advanced data analytics is also being applied to the raw data to generate visualizations, insights, and recommendations, which are carried out by mine managers and employees in real-time on their mobile devices. These factors could create attractive opportunities for global market growth.


North-America Got Significant Share

Mining Laboratory Automation Market

North America region is expected to have significant market growth over the forecast period, due to the well-established advanced technology system across numerous industries. Furthermore, the Increasing adoption of lab automation solutions in the mining industries industry in this region has further fuelling the mining laboratory automation market growth. Additionally, Canada has better geologically endowed with natural resources. Moreover, Canada is one of the lowest effective tax rates among the international mining jurisdictions. Its flow-through shares mechanism, along with the mineral exploration tax credit and some provincial procedures, is recognized for its technically innovative approach to stimulating mineral exploration, thus creating lucrative opportunities among key players to invest in the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The mining laboratory automation market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Mining Laboratory Automation Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

An Increase in the shifting from traditional practices to automation, increasing demand for mining laboratory automation products to enhance productivity and improve workers’ safety, and the deployment of automation, AI, and robotics is rapidly increasing.

Key players’ profiles in the mining laboratory automation market report are Datech Scientific Ltd., Intertek Group PLC, Nucomat, HERZOG Automation Corp., FLSmidth A/S, Bruker Corporation, Rocklabs (SCOTT Group), Thermo Fisher Scientific Inc., Online LIMS Canada Limited, Malvern Panalytical Ltd., and GE Energy.

North America would be expected to dominate the global market of mining laboratory automation.


Report

Table Of Content

 

1. Executive Summary
2. Global Mining Laboratory Automation Market Introduction
2.1. Global Mining Laboratory Automation Market – Taxonomy
2.2. Global Mining Laboratory Automation Market –Definitions
2.2.1. Product
2.2.2. End user
2.2.3. Region
3. Global Mining Laboratory Automation Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Mining Laboratory Automation Market Dynamic Factors – Impact Analysis
3.6. Global Mining Laboratory Automation Market – Competition Landscape
4. Global Mining Laboratory Automation Market Analysis,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Mining Laboratory Automation Market, By Product, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
5.1. Container Laboratory
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Robotics
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Automated Analyzers and Sample Preparation Equipment
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Laboratory Information Management Systems (LIMS)
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
6. Global Mining Laboratory Automation Market Forecast, By End User,2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
6.1. Large Enterprises
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. SMEs
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Mining Laboratory Automation Market Forecast, By Region, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Mining Laboratory Automation Market – Opportunity Analysis Index, By Product, End-user, and Region, 2022 – 2028
8. North America Mining Laboratory Automation market analysis,2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
8.1. Product Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Container Laboratory
8.1.2. Robotics
8.1.3. Automated Analyzers and Sample Preparation Equipment
8.1.4.  Laboratory Information Management Systems (LIMS)Glazed ceramic tiles
8.2. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Large Enterprises
8.2.2. SMEs
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Mining Laboratory Automation Market – Opportunity Analysis Index, By Product, End-user, and Country, 2022 – 2028
8.5. North America Mining Laboratory Automation Market Dynamics – Trends
9. Europe Mining Laboratory Automation Market Analysis, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
9.1. Product Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Container Laboratory
9.1.2. Robotics
9.1.3. Automated Analyzers and Sample Preparation Equipment
9.1.4.  Laboratory Information Management Systems (LIMS)Glazed ceramic tiles
9.2. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Large Enterprises
9.2.2. SMEs
9.3. Country Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Mining Laboratory Automation Market – Opportunity Analysis Index, By Product, End User, and Country, 2022 – 2028
9.5. Europe Mining Laboratory Automation Market Dynamics – Trends
10. Asia-Pacific Mining Laboratory Automation Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. Product Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Container Laboratory
10.1.2. Robotics
10.1.3. Automated Analyzers and Sample Preparation Equipment
10.1.4.  Laboratory Information Management Systems (LIMS)Glazed ceramic tiles
10.2. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Large Enterprises
10.2.2. SMEs
10.3. Country Analysis2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Mining Laboratory Automation Market – Opportunity Analysis Index, By Product, End user, and Country,2022 – 2028
10.5. Asia-Pacific Mining Laboratory Automation Market Dynamics – Trends
11. Latin America Mining Laboratory Automation Market Analysis,2017 – 2021 and Forecast, 2022–2028(Revenue, USD Mn)
11.1. Product Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Container Laboratory
11.1.2. Robotics
11.1.3. Automated Analyzers and Sample Preparation Equipment
11.1.4.  Laboratory Information Management Systems (LIMS)Glazed ceramic tiles
11.2. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Large Enterprises
11.2.2. SMEs
11.3. Country Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Mining Laboratory Automation Market – Opportunity Analysis Index, By Product, End user, and Country, 2022 – 2028
11.5. Latin America Mining Laboratory Automation Market Dynamics – Trends
12. Middle East and Africa Mining Laboratory Automation Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. Product Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Container Laboratory
12.1.2. Robotics
12.1.3. Automated Analyzers and Sample Preparation Equipment
12.1.4.  Laboratory Information Management Systems (LIMS)Glazed ceramic tiles
12.2. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Large Enterprises
12.2.2. SMEs
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Mining Laboratory Automation Market – Opportunity Analysis Index, By Product,  End user, and Country, 2022 – 2028
12.5. MEA Mining Laboratory Automation Market Dynamics – Trends
13. Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Testing Types, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Datech Scientific Ltd.
13.2.2.  Intertek Group PLC
13.2.3.  Nucomat
13.2.4. HERZOG Automation Corp.
13.2.5. FLSmidth A/S
13.2.6.  Bruker Corporation, Rocklabs (SCOTT Group)
13.2.7.  Thermo Fisher Scientific Inc.
13.2.8.  Online LIMS Canada Limited
13.2.9.  Malvern Panalytical Ltd.
13.2.10.  GE Energy
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • Datech Scientific Ltd.
  • Intertek Group PLC
  • Nucomat
  • HERZOG Automation Corp.
  • FLSmidth A/S
  • Bruker Corporation, Rocklabs (SCOTT Group)
  • Thermo Fisher Scientific Inc.
  • Online LIMS Canada Limited
  • Malvern Panalytical Ltd.
  • GE Energy

Description

Mining Laboratory Automation Market is expected to be valued at USD 391.8 million in 2022 and is poised to grow at a significant CAGR of 1.9% over 2022–2028. Lab Automation is the process in which tools and equipment can be measured with minimum interaction. Laboratory automation is the integration of automated technologies into the laboratory to empower new and improved processes. The market of mining laboratory automation market is primarily driven by the increasing demand for automation equipment in the mining industry to augment productivity and improve workers’ safety.  Additionally, during COVID-19 pandemic has also driven the demand for automation primarily to cope with the shortage of labour, and is further expected to rise over the forecasted period. Furthermore, the deployment of automation, AI, and robotics is increasing due to maximizing productivity and reducing operational costs for laboratories, which is further anticipated to boost market growth. However, higher initial setup costs such as the cost to set the laboratory automation module, including software, increase the overall cost, which is restricting the market growth to some extent. Numerous mining operations make partnerships with technology-based industries to deploy and innovate creative solutions in their operations, to enhance the safety of the people working in the mines. Furthermore, many technological advancements take place which provides numerous growth opportunities. For instance, In March 2020, Nokia collaborated with CENGN and NORCAT to make installation and operate a private LTE/4.9G wireless connectivity network in NORCAT’s underground Centre.

Recent Market Developments:

In April 2020 – Bruker Corporation launched its benchtop energy dispersive X-ray Fluorescence (EDXRF) spectrometer, S2PUMA Series 2, which is equipped with high sense technology for increases in quantity by about a factor of three times. It comes with more features and faster algorithms, leading to circa-40% shorter evaluation times.

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