Blasting Automation Services Market: Global Industry Analysis and Forecast (2023-2029)

Global Blasting Automation Services Market is expected to reach US $ 2030.45 Mn by 2029, at a CAGR of 12.25% during the forecast period. The global Blasting Automation Services market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Blasting Automation Services report also provides trends by market segments, technology, and investment with a competitive landscape.

Overview of Blasting Automation Services:

Mining companies are opting to automate blasting processes using cutting-edge technology. As a result, service providers have begun to provide comprehensive analysis and malicious activity warnings in their automation service portfolio for blasting operations to enable better mining activity management. A Consolidated Blasting System (CBS) is being implemented by several mining companies to boost production and market growth. By implementing CBS, mining company’s ensured mining safety, reduce error rates and save time and labor in manual processes. Blasting Automation Services MarketTo know about the Research Methodology :- Request Free Sample Report

Blasting Automation Services Market Dynamics:

Mine owners were able to improve productivity by using advanced technologies to automate repetitive and blasting activities, freeing up capital for more difficult and critical tasks. Miners spend less time doing manual processes by using technology-assisted blasting and drilling operations, which improves mine safety. New blasting and explosives technologies are becoming increasingly important as mining companies rapidly change their strategies and operating models to take advantage of digital transformation. Mine automation, new analytic capabilities, automated jobs, and remote operations are only a few examples of how technology is currently transforming the mining industry. These factors contributed to the growth of the market today. Integrating 5G distribution networks with mining operations could potentially open up new opportunities for the industry. The device's high-performance and low-latency characteristics are designed to help mining companies operate in challenging environments.

Technology-Use in Blasting Automation Services:

The XPLOLOG technology from BME closely tracks and manages the operation and efficiency of teams drilling, charging, and stemming on a blast site, as well as the use of critical resources including emulsions. The Internet of Things (IoT) is a key driver of mine profitability by ensuring secure, effective, and automated operations. For instance, the AXXIS centralizing blasting system (CBS) brings the advantages of electronic detonation into the underground environment with active monitoring and detection, allowing mines to take corrective action before a blast rather than just afterward.

Blasting Automation Services Market Segmentation:

Based on the application, the blasting automation services market is segmented into metal mining, non-metal mining, and coal mining. In 2022, the non-metal mining segment accounted for a large share xx % of Global Blasting Automation Services Market. Cement, ceramics, glass, and lime products are among the most well-known nonmetallic minerals products. As a result, the application spectrum is very wide, encompassing anything from building materials to sanitary ware to tableware and decorative items. In India, non-metallic mineral production is on the decline, with the number of mines falling from 931 in 2016-17 to 780 in 2018-19. Non-metallic minerals outnumber metallic minerals in terms of weight, although metallic minerals are more widely used in industry. Non-metallic minerals surpass metallic minerals in terms of weight, even though metallic minerals are more widely used in industry. Due to the rising need for more efficient blasting and drilling systems for deeper mines and the continued adoption of similar hole mining, the metal mining segment is expected to emerge as one of the fastest-growing segments in the forecast era. Integrating the 5G appropriation process into mining operations is said to open up further opportunities for business growth.

The partnership between Orica and Glencore:

Orica had supplied the complete suite of explosives technology and blasting services to Glencore's copper and zinc operations in Australia by November 2020. Glencore's Australian copper and zinc operations had awarded Orica, the world's largest manufacturer of industrial explosives and advanced blasting devices, a five-year explosives technology, and services contract.

Blasting Automation Services Market Regional Insights:

With a revenue share of over 34 % in 2022, Asia Pacific dominated the blasting automation services market. The existence of many mines in Asia Pacific countries such as Australia, China, and India can be due to this. Iron ore, coal, and gold mines are founded in China and Australia. As a result, local blasting companies are teaming up with automation companies to provide blasting automation services to local mines. Due to reforms such as the “Make in India” Campaign, Smart Cities, Rural Electrification, and an emphasis on building renewable energy projects under the National Electricity Policy, as well as increased infrastructure growth, India's metals, and mining sector is expected to undergo significant changes in the coming years.

Key Takeaways:

• Despite a slowing economy and a persistent trade war with the United States, China's mining industry keeps growing. • China had produced half of the world's steel in 2022 and buys more than 70 % of the world's seaborne iron ore. In addition, the nation produces about 90% of the world's rare earth metals. • Minerals from China's mining industry go into everything from iPhones to rockets, as well as a slew of other products that the American consumer and economy depend on. • The list of the world's 40 largest mining companies includes all nine of China's largest mining companies: China Shenhua Energy Co., Ltd., China Coal Energy Co., Ltd., Zijin Mining Group Co., Ltd., China Northern Rare Earth Group High-Tech Co., Ltd., Jiangxi Copper Co., Ltd., Shaanxi Coal and Chemical Industry Group Co., Ltd., China Molybdenum Co., Ltd., Shandong Gold Mining Co., Ltd., and Yanzhou Coal Mining Co., Ltd. The objective of the report is to present a comprehensive analysis of the Global Blasting Automation Services Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Blasting Automation Services Market dynamics, structure by analyzing the market segments and project the global Blasting Automation Services market size. Clear representation of competitive analysis of key players By Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Blasting Automation Services Market make the report investor’s guide.

Blasting Automation Services Market Scope: Inquire before buying

Blasting Automation Services Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 904.24 Mn.
Forecast Period 2023 to 2029 CAGR: 12.25% Market Size in 2029: US $ 2030.45 Mn.
Segments Covered: by Application Metal Mining Non-Metal Mining Coal Mining

Blasting Automation Services Market, By Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Blasting Automation Services Market Key Players

1. Autonomous Solutions, Inc. 2. iRing Inc. 3. Orica Limited 4. MineWare Pty Ltd. 5. Dyno Nobel 6. GlenCore 7. Epiroc 8. Modular Mining Sytems 9. Rio Tinto 10. Rockwell Automation, Inc. 11. Sasol 12. Komatsu Ltd. (MineWare Pty. Ltd.) 13. Atlas Copco AB (Epiroc) 14. Incitec Pivot Limited (Dyno Nobel, Inc.) 15. Rio Tinto PLC (Rio Tinto International Holdings Limited) 16. Other Key Players Frequently Asked Questions: 1. Which region has the largest share in Global Blasting Automation Services Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Blasting Automation Services Market? Ans: The Global Blasting Automation Services Market is growing at a CAGR of 12.25% during forecasting period 2023-2029. 3. What is scope of the Global Blasting Automation Services Market report? Ans: Global Blasting Automation Services Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Blasting Automation Services Market size in 2022? Ans: The Global Blasting Automation Services market was valued at US$ 904.24 Mn. In 2022. 5. What is the study period of this Market? Ans: The Global Blasting Automation Services Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Blasting Automation Services Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Blasting Automation Services Market 3.4. Geographical Snapshot of the Blasting Automation Services Market, By Manufacturer share 4. Global Blasting Automation Services Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Blasting Automation Services Market 5. Supply Side and Demand Side Indicators 6. Global Blasting Automation Services Market Analysis and Forecast, 2022-2029 6.1. Global Blasting Automation Services Market Size & Y-o-Y Growth Analysis. 7. Global Blasting Automation Services Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.1.1. Metal Mining 7.1.2. Non-Metal Mining 7.1.3. Coal Mining 8. Global Blasting Automation Services Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Blasting Automation Services Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.1.1. Metal Mining 9.1.2. Non-Metal Mining 9.1.3. Coal Mining 10. North America Blasting Automation Services Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Blasting Automation Services Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Blasting Automation Services Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Blasting Automation Services Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Blasting Automation Services Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Blasting Automation Services Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Blasting Automation Services Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Blasting Automation Services Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Blasting Automation Services Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Blasting Automation Services Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Blasting Automation Services Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Blasting Automation Services Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Blasting Automation Services Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Blasting Automation Services Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Blasting Automation Services Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Blasting Automation Services Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Blasting Automation Services Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Blasting Automation Services Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Blasting Automation Services Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Blasting Automation Services Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Blasting Automation Services Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Blasting Automation Services Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Blasting Automation Services Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Blasting Automation Services Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Blasting Automation Services Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Blasting Automation Services Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Blasting Automation Services Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Blasting Automation Services Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Blasting Automation Services Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Blasting Automation Services Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Blasting Automation Services Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Blasting Automation Services Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Blasting Automation Services Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Blasting Automation Services Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Blasting Automation Services Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Blasting Automation Services Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. iRing Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Autonomous Solutions, Inc. 45.3.3. Orica Limited 45.3.4. MineWare Pty Ltd. 45.3.5. Dyno Nobel 45.3.6. GlenCore 45.3.7. Epiroc 45.3.8. Modular Mining Sytems 45.3.9. Rio Tinto 45.3.10. Rockwell Automation, Inc. 45.3.11. Sasol 45.3.12. Komatsu Ltd. (MineWare Pty. Ltd.) 45.3.13. Atlas Copco AB (Epiroc) 45.3.14. Incitec Pivot Limited (Dyno Nobel, Inc.) 45.3.15. Rio Tinto PLC (Rio Tinto International Holdings Limited) 45.3.16. Other Key Players 46. Primary Key Insights
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