Connected Mining Market Size, Share, Opportunities, And Trends By Solution (Connected Logistics, Connected Equipment Monitoring, Connected Control & Automation Systems, Remote Asset Management, Fleet Management & Tracking, IoT-based Predictive Maintenance), By Services (Consulting & Advisory Services, System Integration & Deployment, Support & Maintenance), By Mining Type (Surface Mining, Underground Mining), By Deployment Type (On-Premises, Cloud-based), And By Geography - Forecasts From 2025 To 2030

Description

Connected mining market will grow at a CAGR of 13.4% to be valued at US$33.84 billion in 2030 from US$18.05 billion in 2025.

The connected mining market encompasses the deployment of technology-enabled solutions (e.g., sensors, connectivity, analytics, fleet and asset monitoring, automation) applied to mining operations (surface and underground). Mining companies increasingly adopt these platforms to optimise operations, enhance safety, reduce downtime and address sustainability objectives. For industry stakeholders—equipment manufacturers, technology providers, mining operators—the evolving connectivity, data analytics and automation trends present both demand-creation opportunities and operational imperatives. The sections below present an analysis structured for industry experts, focused explicitly on how market dynamics drive demand for connected mining solutions.

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Connected Mining Market Analysis

Growth Drivers

One primary driver is the operational-efficiency imperative. Mining operations face increasing pressure to reduce downtime, improve equipment utilisation and optimise asset lifecycles. The deployment of connected solutions—telemetry on mobile mining equipment, remote monitoring, condition-based maintenance—directly creates demand because mines must acquire sensors, connectivity infrastructure and analytics platforms. For example, a commentary on automation observed that non-invasive IoT devices placed on mining equipment have enabled cost reductions of 20-40 % in mobile equipment operations.

Another driver is the safety and workforce-risk mitigation mandate. In hazardous mining environments, connected monitoring systems for personnel tracking, proximity detection, fatigue and distraction monitoring heighten demand for systems that integrate IoT, video analytics and alerting. The shift from reactive to proactive safety drives uptake of connected-personnel and environment solutions.

A third driver is the digital-transformation momentum stemming from the mining industry’s broader shift into Industry 4.0. As mining operators deploy sensors, cloud/edge analytics, fleet-tracking and remote-control capabilities, demand for software, services and connectivity increases. For example, an industry blog noted that a private-cellular network partnership supporting automated operations is central to connected mining deployment.

Finally, the resource-and-commodity dynamic indirectly stimulates demand: with global demand for critical minerals and metals (e.g., for EVs, renewable energy) rising, mines must improve productivity and reduce time-to-value. Although not a direct connected-mining product driver per se, this macro environment prompts operators to invest in connected-mine technologies to extract value from challenging ore bodies.

In sum, each growth driver creates direct demand for connected-mining solutions: sensors/telemetry devices, connectivity networks (e.g., private LTE/5G), analytics platforms, fleet-management systems, and associated services.

Challenges and Opportunities

Challenges (Constraints on Demand):

• Remote-site connectivity infrastructure remains a constraint. Many mines in remote or underground locations struggle with reliable communications, which limits the roll-out of connected solutions.
• Cybersecurity, data integration and interoperability risks pose barriers. Mining operators worry about network vulnerability, data-ownership and the complexity of integrating OT/IT systems; such risks may delay deployment decisions and dampen demand.
• High initial capital investment requirements: The deployment of connected-mine solutions requires investment in sensors, connectivity, systems integration and training. Smaller and mid-tier mining operations may defer adoption, thus slowing potential demand.

Opportunities (Catalysts for Demand):

• The expansion of cloud- and edge-based deployment models opens demand among smaller operators and for retrofit applications. As cloud-native platforms lower entry-costs, more mines can adopt connected solutions, thus expanding total addressable demand.
• The increasing requirement for sustainability, emissions reduction and ESG compliance in mining operations offers opportunity: connected systems for ventilation-on-demand, energy usage monitoring, environmental-sensor networks drive new demand categories. For example, connected-solutions vendors highlight environmental-monitoring as an emerging use-case.
• Expansion into underground mining connectivity, where historically adoption lags surface mining, presents a growth runway. As connectivity and automation enabling solutions mature underground, mining companies will adopt connected-mine technologies in deeper, more complex operations.

Thus, while the headwinds constrain adoption speed, the opportunities point to expanding demand into new mining types, sustainability-focused applications and service models.

Supply Chain Analysis

The supply chain for connected mining solutions spans hardware (sensors, actuators, telematics modules, connectivity infrastructure), communication networks (private LTE/5G, fibre, satellite backhaul), software/analytics platforms (telematics, fleet-optimization, condition-monitoring), and services (system integration, deployment, support & maintenance). Key production hubs include equipment- and telematics-manufacturing regions such as Japan, Sweden, the U.S., and Germany. Mining-ICT-service providers often deploy globally, requiring logistical coordination into remote mine sites often lacking infrastructure. Dependencies include connectivity backhaul (satellite/microwave in remote regions), ruggedised hardware for harsh mining environments, and integration of mining-equipment OEM telematics with mine-site IT/OT systems. Logistics complexity arises from remote geography, rugged terrain, regulatory customs/import duties for heavy mining equipment, and scaling connectivity into subterranean shafts or remote open-pit operations. Additionally, the supply of cloud-hosted analytics and edge-computing platforms depends on reliable network links and robust cybersecurity frameworks, which can become bottlenecks in the supply chain of adoption.

Government Regulations

Government regulation indirectly influences demand for connected mining solutions through safety, environmental, and operational mandates. The table below summarises key jurisdictions, regulatory agencies and market impact:

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In-Depth Segment Analysis

By Application – Remote Asset Management (as a solution segment)

Remote asset management covers monitoring and controlling mining equipment assets from a distance using connectivity, telematics, analytics and cloud/edge systems. Demand for remote-asset-management solutions is driven directly by the need of mining operators to optimise asset-utilisation and reduce unplanned downtime. In large expansive surface mines (haul trucks, loaders) and underground operations (drills, conveyors) the cost of idle or mis-allocated equipment is substantial; remote asset analytics enable mines to identify under-used assets, monitor machine health and allocate resources dynamically. Additionally, remote asset solutions support operations in remote, hazardous or inaccessible sites, thereby reducing exposure to risk and enabling centralised operations centres. As mines deepen, go further remote or connect multiple sites, remote asset-management becomes a network-enabled imperative—thus raising demand for connectivity hardware, software platforms, services integration and ongoing support.

By End-User – Surface Mining (as end-user segment)

Surface mining, including open-pit and strip-mining operations, has higher utilisation of fleet-management, connected equipment monitoring and automation solutions compared to underground mining. Demand in this segment is driven by large-scale mobile equipment (haulers, loaders, drills) operating in expansive terrains, where connectivity and tracking yield clear efficiency gains. For example, fleet-tracking sensors and telematics help monitor truck cycle times, fuel consumption and equipment location—creating demand for related connected-mine systems. Because surface mines are typically less constrained by underground radio/fibre deployment issues and have more accessible operations, the barrier to implementing connected-mine solutions is lower, thus encouraging faster uptake. As data-integration platforms mature and mines transition to “connected fleet” models, surface mining operators are increasingly procuring modules such as autonomous haulage, fleet-tracking, machine-health monitoring—which reinforce demand for connected-mining solution providers.

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Geographical Analysis

United States (North America)

In the U.S., mining operations are large-scale, technologically advanced and subject to stringent safety and environmental regulation. The long lead-time for new mines (average ~29 years) reported for the U.S. underscores the focus on extending life-of-mine and optimising existing assets rather than building new sites. This drives demand for connected-mine solutions as operators invest to extract more value and extend asset performance. Additionally, U.S. mines operate in remote and harsh environments, creating impetus for remote-monitoring, connectivity and automation. The presence of major technology vendors in the U.S. also facilitates adoption of connected-mine systems.

Brazil (South America)

In Brazil, large iron-ore and base-metal operations underpin demand for connected-mine solutions. Operator interest in digitisation is growing, and demand for improved productivity, safety and environmental monitoring is becoming more prominent. Although specific metrics are less publicly cited, the South American region is included in major forecasts as a growth region owing to growing mining investment and digital-transformation interest.

Germany (Europe)

Germany, as part of Europe, benefits from advanced industrial-automation ecosystems and mining operators seeking digital-transformation. Demand for connected mining solutions is stimulated by stringent environmental regulation and the presence of equipment-manufacturing ecosystems (e.g., automation, sensors). Europe’s sustainable-mining agenda elevates requirement for environmental-monitoring and connected-mine systems. One study identified Europe as a key regional market, though Asia-Pacific leads.

Saudi Arabia (Middle East & Africa)

In the Middle East & Africa region, mines are increasingly remote and large-scale; demand for connectivity and asset-tracking solutions is significant. For example, African mines operate deep underground and in remote landscapes, so systems enabling remote monitoring and automation add value. The region’s increasing adoption of digital-mine technologies support demand growth.

India (Asia-Pacific)

India is part of Asia-Pacific, the fastest-growing region in the connected-mining market—one estimate credits Asia-Pacific with ~42.8 % market share in 2024. India’s large mining base, push for digitalisation and government emphasis on mineral-extraction efficiency create favourable conditions. Mines in India face challenges of infrastructure and expansion into remote areas, which heightens the appeal of connected-mine solutions for monitoring, asset-utilisation and safety.

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Competitive Environment and Analysis

Key players in the connected mining market include established equipment OEMs and technology providers. Among these:

• Hitachi Construction Machinery Co., Ltd. (Japan) has launched its LANDCROS Connect Insight platform in April 2025. The solution enables near-real-time operational data retrieval and asset-health diagnostics and is being deployed globally across sites in Australia, Zambia, Chile and the U.S. The launch illustrates Hitachi’s strategic pivot from equipment manufacture to digital services and connectivity platforms in mining operations.
• Epiroc AB (Sweden) has won large orders for digital connectivity solutions in Australia in January 2025 where it supplied LTE-based telecommunications towers and power systems to enable automation and fleet-management in remote mines. The company also highlights its strong focus on digital-solutions and software, shifting its positioning from pure OEM to full solution-provider.
• Cisco Systems, Inc. (US), Hexagon AB (Sweden) and Rockwell Automation, Inc. (US) are among the listed major participants in the connected-mining market according to multiple studies.

The competitive landscape is characterised by a mix of heavy-equipment OEMs extending into digital platforms, specialist telematics/IT vendors, and connectivity network providers. Strategic positioning hinges on offering integrated solutions (hardware + software + services), global deployment capability in remote mining sites, and enabling both surface and underground operations. Companies that can deliver end-to-end solutions—from connectivity infrastructure through analytics to fleet monitoring—are best placed to capture demand.

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Recent Market Developments

• October 2025: Epiroc AB announced that it won a large order for mining equipment and digital solutions from Asante Gold Corp. in Ghana, including a digital situational-awareness system for real-time tracking of machines and metrics such as tonnages moved and cycle time.
• April 2025: Hitachi Construction Machinery launched its LANDCROS Connect Insight solution (16 April) — a near-real-time analytics platform for mining machinery operational data across global sites.
• April 2025: Hitachi Construction Machinery announced the launch of the LANDCROS Connect Fleet Management System (7 April) to integrate operational data across equipment of different manufacturers, initially in Europe and North America.

These developments underscore the accelerating deployment of connected-mine platforms, the move towards multi-vendor fleet-management systems, and the internationalisation of digital-mine service offers. They catalyse demand by providing tangible offerings and prompting mining operators to adopt new solutions.

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Connected Mining Market Segmentation

• By Solution:
  • Connected Logistics
  • Connected Equipment Monitoring
  • Connected Control & Automation Systems
  • Remote Asset Management
  • Fleet Management & Tracking
  • IoT-based Predictive Maintenance
• By Services:
  • Consulting & Advisory Services
  • System Integration & Deployment
  • Support & Maintenance
• By Mining Type:
  • Surface Mining
  • Underground Mining
• By Deployment Type:
  • On-Premises
  • Cloud-based
• By Regions:
  • North America (US, Canada, Mexico)
  • South America (Brazil, Argentina, Others)
  • Europe (Germany, UK, France, Spain, Others)
  • Middle East & Africa (Saudi Arabia, UAE, Others)
  • Asia-Pacific (China, Japan, India, South Korea, Thailand, Indonesia, Others)

Connected Mining Market Scope:

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Table Of Contents

1. EXECUTIVE SUMMARY

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations

3.7. Strategic Recommendations

4. TECHNOLOGICAL OUTLOOK

5. CONNECTED MINING MARKET BY SOLUTION

5.1. Introduction

5.2. Connected Logistics

5.3. Connected Equipment Monitoring

5.4. Connected Control & Automation Systems

5.5. Remote Asset Management

5.6. Fleet Management & Tracking

5.7. IoT-based Predictive Maintenance

6. CONNECTED MINING MARKET BY SERVICES

6.1. Introduction

6.2. Consulting & Advisory Services

6.3. System Integration & Deployment

6.4. Support & Maintenance

7. CONNECTED MINING MARKET BY MINING TYPE

7.1. Introduction

7.2. Surface Mining

7.3. Underground Mining

8. CONNECTED MINING MARKET BY DEPLOYMENT TYPE

8.1. Introduction

8.2. On-Premises

8.3. Cloud-based

9. CONNECTED MINING MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Solution

9.2.2. By Services

9.2.3. By Mining Type

9.2.4. By Deployment Type

9.2.5. By Country

9.2.5.1. United States

9.2.5.2. Canada

9.2.5.3. Mexico

9.3. South America

9.3.1. By Solution

9.3.2. By Services

9.3.3. By Mining Type

9.3.4. By Deployment Type

9.3.5. By Country

9.3.5.1. Brazil

9.3.5.2. Argentina

9.3.5.3. Others

9.4. Europe

9.4.1. By Solution

9.4.2. By Services

9.4.3. By Mining Type

9.4.4. By Deployment Type

9.4.5. By Country

9.4.5.1. United Kingdom

9.4.5.2. Germany

9.4.5.3. France

9.4.5.4. Spain

9.4.5.5. Others

9.5. Middle East & Africa

9.5.1. By Solution

9.5.2. By Services

9.5.3. By Mining Type

9.5.4. By Deployment Type

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.2. UAE

9.5.5.3. Others

9.6. Asia Pacific

9.6.1. By Solution

9.6.2. By Services

9.6.3. By Mining Type

9.6.4. By Deployment Type

9.6.5. By Country

9.6.5.1. Japan

9.6.5.2. China

9.6.5.3. India

9.6.5.4. South Korea

9.6.5.5. Indonesia

9.6.5.6. Thailand

9.6.5.7. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. ABB Ltd.

11.2. Rockwell Automation, Inc.

11.3. Cisco Systems, Inc.

11.4. SAP SE

11.5. Trimble Inc.

11.6. Hexagon AB

11.7. Caterpillar Inc.

11.8. IntelliSense.io

11.9. IBM Corporation

11.10. Schneider Electric SE

11.11. Siemens AG

11.12. Komatsu Ltd.

11.13. Hitachi Construction Machinery Co., Ltd.

12. RESEARCH METHODOLOGY

LIST OF FIGURES

LIST OF TABLES

Companies Profiled

ABB Ltd.

Rockwell Automation, Inc.

Cisco Systems, Inc.

SAP SE

Trimble Inc.

Hexagon AB

Caterpillar Inc.

IntelliSense.io

IBM Corporation

Schneider Electric SE

Siemens AG

Komatsu Ltd.

Hitachi Construction Machinery Co., Ltd.

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