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Mining Automation Market to Reach $8.3 billion, Globally, by 2034 at 7.1% CAGR: Allied Market Research

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WILMINGTON, Del., May 5, 2025 /PRNewswire/ — The mining automation market is propelled by increasing demand for enhanced safety, improved productivity, and cost efficiency in mining operations. Rising concerns over worker safety in hazardous environments are encouraging the adoption of autonomous equipment and remote operation technologies. Additionally, the need to boost output and reduce operational downtime is driving investments in automated systems such as autonomous trucks, drilling, and robotic equipment. Technological advancements, including AI, IoT, and real-time data analytics, further support this shift. Moreover, growing pressure to optimize resource extraction and comply with environmental regulations fuels the need for precise, automated mining processes.

Allied Market Research published a report, titled, ‘Mining Automation Market by Offerings (Sensors and LiDAR Systems, GPS and GNSS Modules, Industrial Cameras and Vision Systems, Connectivity and Communication Systems, Others), by Technique (Underground Mining, Surface Mining), by Component (Metal Mining, Mineral Mining, Coal Mining): Global Opportunity Analysis and Industry Forecast, 2025-2034′. According to the report, the ‘mining automation market’ was valued at $4.2 billion in 2024, and is estimated to reach $8.3 billion by 2034, growing at a CAGR of 7.1% from 2025 to 2034.

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(We are providing report as per your research requirement, including the Latest Industry Insight’s Evolution, and Potential) 

130-Tables 47-Charts330-Pages 

Prime determinants of growth

The mining automation market is expected to witness notable growth owing to the increasing demand for operational efficiency, worker safety, and reduced human intervention in hazardous environments which is driving the demand for mining automation market. Moreover, the growth of underground mining is expected to provide lucrative opportunity for the growth of the market during the forecast period. On the contrary, limitations of mining automation costs restrict the growth of the mining automation market.

Report coverage & details:

Report Coverage

Details

Forecast Period

2025–2034

Base Year

2024

Market Size in 2024

$4.2 billion

Market Size in 2034

$8.3 billion

CAGR

7.1 %

No. of Pages in Report

300

Segments Covered

Offerings, Technique, Component,  and Region

Drivers

Rise in Demand for Fleet Management SystemGrowing Concern for Mine and Labor Safety

 

Opportunities

Increase in Deployment of Autonomous Haulage System (AHS)

 

Restraint

High Initial Capital Investment

 

Sensor and LiDar segment dominated the market in 2024.

By offering, the sensor and LiDar segment held the highest market share in 2024 accounting for more than one-fifths of the mining automation market revenue and is estimated to maintain its leadership status throughout the forecast period, owing to their critical role in enabling real-time data collection, terrain mapping, and obstacle detection. These technologies enhance operational accuracy, safety, and efficiency by providing precise environmental awareness, which is essential for autonomous machinery. Additionally, advancements in sensor and LiDAR technologies—such as improved resolution, durability, and cost-effectiveness—are driving their widespread adoption in both surface and underground mining applications. Moreover, the sensor and LiDar segment is projected to manifest the highest CAGR of 8.2% from 2025 to 2034.

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Surface Mining segment dominated the market in 2024.

By Technique, the surface mining segment dominated the market share in 2024 accounting for more than two-thirds of the global mining automation market revenue, due to its large-scale operations, ease of equipment deployment, and lower complexity compared to underground mining. Surface mining allows for the more efficient use of autonomous vehicles, drilling systems, and real-time monitoring technologies, which significantly boost productivity and reduce operational costs. The availability of expansive, open terrains further supports the implementation of automated solutions, making surface mining more conducive to technological integration and large-scale automation initiatives. Moreover, the surface mining segment is projected to manifest the highest CAGR of 7.4% from 2025 to 2034.

Mineral Mining segment dominated the market in 2024.

By component, the mineral mining segment held the highest market share in 2024, contributing to nearly half of the global mining automation market revenue, due to the increasing demand for a wide range of minerals used in construction, electronics, renewable energy, and industrial processes. The growing consumption of minerals such as copper, iron ore, and lithium—driven by urbanization, infrastructure development, and the clean energy transition—has pushed mining companies to adopt automation for greater efficiency, precision, and scalability. However, the metal mining segment is projected to manifest the highest CAGR of 8.16% from 2025 to 2034.

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Asia-Pacific region is expected to continue its dominance throughout forecast period.

Based on the region, Asia-Pacific held the highest market share in terms of revenue in 2024, accounting for more than two-fifths of the global mining automation market revenue, owing to the presence of large-scale mining operations in countries like China, Australia, and India, as well as increasing investments in automation technologies to boost productivity and safety. The region’s rich mineral reserves, growing demand for metals and minerals to support industrialization and infrastructure development, and supportive government initiatives for digital transformation in mining have further accelerated the adoption of automated solutions. Moreover, the Asia-Pacific segment is projected to manifest the highest CAGR of 8.0% from 2025 to 2034.

Mining Automation Market Kery Players: –

Epiroc ABHexagon ABABB Ltd.FLSmidthSiemensSandvik ABCaterpillar Inc.Metso Outotec CorporationRockwell Automation Inc.Komatsu

The report provides a detailed analysis of these key players in the global mining automation market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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Mining Automation Market Segmentation Overview:

By Offerings

Sensors and LiDAR SystemsGPS and GNSS ModulesIndustrial Cameras and Vision SystemsConnectivity and Communication SystemsOthers

By Technique

Underground MiningSurface Mining

By Component

Metal MiningMineral MiningCoal Mining

By Region

North America: U.S., Canada, MexicoEurope: Germany, UK, France, Italy, Rest of EuropeAsia-Pacific: China, Japan, India, South Korea, Rest of Asia-PacificLAMEA: Latin America, Middle East, Africa

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About Us: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 

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Technology

GomSpace Signs 24.4 MSEK Contract with Unseenlabs

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Unseenlabs extends its existing cube satellites constellation.

STOCKHOLM, July 1, 2026 /PRNewswire/ — Today, GomSpace has signed an additional contract with Unseenlabs to deliver two new CubeSats, expanding the service capacity of the current generation already in orbit. The contract value is 2.2 MEUR (24.4 MSEK), and the satellites are scheduled for delivery in 2027.

These satellites will be similar to the fourteen CubeSats previously ordered in 2022, 2024, and 2025.

Oliver Schieve, VP of Satellite Systems Business Unit at GomSpace, states: “We are proud to once again be selected by Unseenlabs to deliver two additional 8U satellites based on GomSpace’s standard platforms and Unseenlabs’ payload. Seeing Unseenlabs continue to grow and strengthen their business confirms that GomSpace’s long-term focus on reliability and strategic partnership is the right approach.”

Jonathan Galic, co-founder, President, and CTO of Unseenlabs, adds: “Continuing to build our infrastructure on the same proven platform greatly benefits Unseenlabs and allows us to reinforce further the persistence of our services.”

This contract reinforces GomSpace’s market outlook, supports the company’s annual objectives, and contributes to building a solid backlog for 2026.

For more information, please contact:
Anne Breüner (Head of Corporate Affairs)
Tel: +45 40 200 192
E-mail: anbr@gomspace.com

Caroline Schwob (Marketing & Communication Director)
Tel: +33 680 042 226
E-mail: communication@gomspace.com

About GomSpace Group AB
The company’s business operations are mainly conducted through the wholly-owned Danish subsidiary, GomSpace A/S, with operational office in Aalborg, Denmark. GomSpace is a space company with a mission to be engaged in the global market for space systems and services by introducing new products, i.e. components, platforms and systems based on innovation within professional nanosatellites. The company is listed on the Nasdaq First North Premier exchange under the ticker GOMX. FNCA Sweden AB is the Company’s Certified Adviser. For more information, please visit our website on www.gomspace.com.

Miscellaneous
This information is information that GomSpace is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, 08:30 a.m. CEST on July 1, 2026.

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/gomspace-a-s/r/gomspace-signs-24-4-msek-contract-with-unseenlabs,c4369630

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AI Is Forcing a New Way Into the Workforce: How the Next Generation Succeeds as the First Job Disappears

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EasyA Founders Dom and Phil Kwok Join Planet Classroom to Challenge the Future of Work: Building Skills Over Credentials

NEW YORK, July 1, 2026 /PRNewswire/ — As artificial intelligence automates the entry-level roles that once defined early careers, a new question is emerging for educators, employers, and policymakers: If the traditional first job disappears, how does the next generation gain experience?

 

In the latest episode of AI For A Better World, Planet Classroom Co-Founder and CEO C. M. (Cathy) Rubin sits down with Dom and Phil Kwok, co-founders of EasyA, to examine how artificial intelligence is transforming the first step into the workforce.

“We’ve all heard the headline that AI is coming for your job,” Rubin says. “But the real crisis isn’t job loss—it’s the ladder being kicked away.”

From Entry-Level Roles to the “Vanishing Ladder”

Rubin challenges the Kwoks on the future of career development when the traditional pathway—degree, internship, junior role—begins to collapse. Dom Kwok, drawing on his own background as a former analyst at Blackstone, points to a fundamental shift in upskilling already underway.

“Much of the work junior employees used to do—Excel spreadsheets, making presentations, really doing the menial stuff—is being automated,” Dom explains. “Models like Claude are replacing some of the junior work… it’s going to result in much fewer analysts needed. The entry-level job as we know it, I think, is over.”

Rather than eliminating opportunity, the shift is redefining it. Dom notes that as routine tasks disappear, early-career professionals can skip the office “manual labor” and move directly to more complicated work that requires a blend of emotional intelligence (EQ) and IQ.

Proof of Skill Over Proof of Degree: The Power of GitHub

As Rubin presses further, the conversation turns to what frontier tech employers value most today. “When a top-tier company looks at talent today,” she asks, “are they looking at the GPA or the GitHub?”

“Definitely the GitHub,” Dom Kwok responds. “We want to see the projects they’ve actually built… We’ve actually hired some of our best engineers, and they never went to school. They never even went to university. But they started building right away and they ultimately had very impressive GitHubs.”

The episode highlights how traditional résumés are heading for the recycling bin, replaced by demonstrable outputs that prove a candidate can think outside the box in real time.

Learning by Doing and the Rise of “Vibe Coding”

With over a million people learning on EasyA, the Kwoks champion hands-on execution over passive lecture halls. Dom explains that much like learning to fly a plane or bake a cake, you cannot truly understand coding until you get your hands dirty.

Furthermore, advanced AI tools are democratizing this process through what is now known as “vibe coding”—allowing hobbyists and non-traditional students to easily build mobile applications just by putting in a clear prompt.

To prove this model works, Phil Kwok shares the success story of an underdog student builder named Ash, who launched a project at an EasyA hackathon in 2022, bypassed traditional collegiate timelines, and survived intense startup challenges to successfully launch Axel, a cutting-edge Web3 and AI agent startup in New York.

AI as a Global Equalizer

While concerns about access persist, the Kwoks emphasize that AI is actively dismantling geographic barriers. “AI removes those barriers,” Dom explains. “You no longer need to pay for an expensive course and sit through hours and weeks of bootcamps… Anyone can literally get stuck in from their homes anywhere in the world.”

Phil Kwok, reflecting on his legal studies at Cambridge University, notes that while universities exist to teach students how to think, AI is the ultimate tool that allows individuals to immediately execute those thoughts.

Looking to the future, Phil predicts a world dominated by solo entrepreneurs powered by automation. “In the age of AI, the ideas person is more powerful than ever. You can build things today that used to require entire teams… It’s very possible to have a one-man billion-dollar company.”

Key Takeaways for the Future of Work:

The Vanishing Analyst: How AI models are taking over spreadsheets and presentations, permanently shrinking traditional corporate junior roles.The GitHub Currency: Why real-world project portfolios are bypassing university degrees in frontier tech hiring.The Vibe Coding Era: How AI acts as a force multiplier, allowing an individual with a clear vision to execute projects that once required teams of 20.The Borderless Workspace: How free AI tools are leveling the playing field for creators in remote regions without elite institutional connections.

Rubin closes the episode with a powerful reflection that reframes modern education: “The question isn’t who will hire you. It’s what can you build?”

Watch AI for a Better World: AI and the Future of Entry-Level Jobs

About Dom and Phil Kwok

Dom and Phil Kwok are co-founders of EasyA, a global platform that helps developers and entrepreneurs learn by building through hackathons and hands-on projects. Their work focuses on equipping the next generation with the skills needed to succeed in emerging technologies.

About C. M. (Cathy) Rubin

C. M. (Cathy) Rubin is Co-Founder and CEO of Planet Classroom and Founder of CMRubinWorld. A multimedia journalist and regular Forbes contributor who has authored more than 800 interviews and articles, Rubin focuses on human-centered AI strategy and global education transformation.

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SOURCE Planet Classroom Network

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The Traditional American Backyard Replaces Conventional Neighborhood Development in a New Educational Segment Featuring Realm on “All Access hosted by Andy Garcia”

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How the evolution of single-family zoning into dynamic multi-unit properties is providing a blueprint for sustainable suburban growth.

LOS ANGELES, July 1, 2026 /PRNewswire/ — The conceptual design of American residential neighborhoods is experiencing a fundamental transformation as single-family properties adapt to modern density demands. Realm collaborated with the production team of “All Access hosted by Andy Garcia” during a filming session on June 8, 2026, to document this quiet revolution in construction. Scheduled for distribution to Public Television, the educational segment examines how decentralized housing initiatives are altering urban planning frameworks. The feature highlights the operational shift toward maximizing existing land assets to address broader socioeconomic challenges.

Instead of relying entirely on traditional commercial developers, individual property owners are increasingly driving local housing expansion. The program illustrates how modern platforms synthesize complex municipal databases and historical pricing indexes to simplify the construction process. By providing homeowners with clear architectural baselines and verified builder networks, the methodology eliminates much of the historical friction associated with building secondary units. This structural shift empowers communities to expand organically, turning standard residential properties into diverse tools for economic resilience.

“Nearly 75% of residential land in American cities is still reserved for single-family housing. Today’s zoning reforms are unlocking a powerful opportunity: giving families the ability to build for themselves, their parents, their children, and their communities on land they already own. Expanding housing doesn’t have to mean changing the character of our neighborhoods….it can mean empowering homeowners to help solve one of the country’s biggest challenges while creating more flexibility, financial security, and opportunity for their own families.”

— Liz Young, Founder & CEO, Realm

The momentum behind secondary residential units is heavily accelerated by sweeping legislative changes designed to bypass traditional municipal bottlenecks. Pioneered by West Coast housing policies, states across the country are implementing streamlined permitting processes that effectively remove historical barriers to neighborhood densification. These updated regulatory frameworks not only simplify immediate zoning approvals but also pave the way for formalizing millions of previously unpermitted structures. This legislative shift reflects a growing national acknowledgement that solving the housing availability crisis requires highly adaptable, decentralized zoning regulations that support organic community expansion.

Beyond standard economic pressures, evolving environmental factors are fundamentally altering residential construction requirements in high-risk regions. In the wake of recent environmental emergencies such as intense regional wildfires, traditional whole-home reconstruction frequently encounters severe logistical delays and prohibitive material expenses. Consequently, secondary dwelling structures are rapidly emerging as flexible, accelerated alternatives for displaced residents within established disaster zones. Specialized construction planning methods allow families to re-establish secure living arrangements quickly, illustrating how modern accessory units serve as vital, resilient infrastructure during periods of unexpected community recovery.

About “All Access hosted by Andy Garcia”: “All Access hosted by Andy Garcia” is an educational Public Television program that highlights leading companies, innovative technologies, and paradigm-shifting trends across various industries. Through high-quality documentary segments, the show provides audiences with deep insights into the advancements shaping the modern world. For more information, please visit allaccessptv.com.

About Realm: Realm is an advisory service homeowners rely on for major renovations, from ADUs to remodels to whole-home rebuilds. Working from the largest database of real-world renovation projects in the United States, Realm gives each homeowner a dedicated advisor who shapes the project around their budget, their priorities, and how they live, then prices it honestly and matches them with a vetted contractor who stands behind quality work. The result is a home that finally fits your life: more room as the family grows and spaces that match how you actually spend your days. To learn more, visit realmhome.com.

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