Home Technology Australia Mining Automation Market Forecast Analysis (2025-2031)

Australia Mining Automation Market Size & Outlook, 2025-2031

Australia Mining Automation Market Size

According to Straits Research analysis, the Australia Mining Automation Market was valued at USD 715.9 Million in 2024 and is projected to reach USD 1349.91 Million by 2031, expanding at a CAGR of 9.6% during the forecast period. The escalating demand is primarily driven by industries such as agriculture, chemicals, and energy. Major use cases span from mineral exploration to material extraction. The market is also being fueled by emerging trends including increased focus towards green or low-carbon production and sustainability. Technological advancements in AI and IoT are facilitating efficiency in operations, providing another growth avenue. Australia's ample export potential serves as an additional demand driver. With robust growth prospects, Australia is firmly asserting itself as a dominant player in the mining automation sphere.

Australia Mining Automation Market Highlights

  • Equipment Automation held the leading position among Solution segments in 2024, based on market size.
  • Software Automation is projected to post the fastest growth rate, sustaining its position as the most attractive Solution segment during the forecast horizon.
  • Australia accounted for 13.08% of the global mining automation market size in 2024.
  • By 2031, United States is expected to remain the top global market in terms of size.
  • Within Asia Pacific, China is forecasted to dominate the regional mining automation market size by 2031.
  • India will be the fastest-growing market in Asia Pacific, projected to achieve USD 2354.6 Million by 2031.

Australia Mining Automation Market Revenue Share 2024

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Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2031
Historical Period 2021-2023
Forecast Period 2025-2031
Market Size In 2024 USD 715.9 Million
Market Size In 2031 USD 1349.91 Million
Largest segment Equipment Automation
Fastest segment Software Automation
Units Revenue in USD Million
CAGR 9.6% (2025-2031)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Australia Mining Automation Market Share By Solution

Segmentation Covered

Segments Sub Segments
Solution
  1. Software Automation
  2. Services
  3. Equipment Automation
Application
  1. Metal Mining
  2. Mineral Mining
  3. Coal Mining
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