Brazil Mining Automation Market Size & Outlook, 2025-2031
Brazil Mining Automation Market Size
According to Straits Research analysis, the Brazil Mining Automation Market was valued at USD 78.53 Million in 2024 and is projected to reach USD 171.25 Million by 2031, expanding at a CAGR of 11.9% during the forecast period. The prime driving forces are the applications in multiple sectors such as agriculture, chemicals, and energy. Innovation by the local and global players are contributing to the rise in automated procedures in the mining industry. There is a significant trend towards green mining and low-carbon production strategies, which is creating numerous business opportunities. Sustainability remains high on priority, with export potential becoming a key industry focus. With its emerging technology landscape and supportive policies, Brazil is effectively positioning itself as a future-ready player in the global mining automation realm.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Mining Automation Market Highlights
- By 2024, Equipment Automation represented the largest share of the Solution market size.
- Software Automation is expected to remain the key growth driver within Solution, registering the fastest CAGR during the forecast period.
- Brazil contributed 1.44% to the global mining automation market size in 2024.
- By 2031, United States is forecasted to remain the largest global market for mining automation market.
- In Latin America, Rest of Latin America is projected to capture the leading share of market by 2031.
- Among Latin America markets, Mexico is expected to post the fastest growth, reaching USD 627.02 Million by 2031.
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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 78.53 Million |
| Market Size In 2031 | USD 171.25 Million |
| Largest segment | Equipment Automation |
| Fastest segment | Software Automation |
| Units | Revenue in USD Million |
| CAGR | 11.9% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Brazil Mining Automation Market Share By Solution
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Solution |
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| Application |
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Brazil Mining Automation Market By Solution 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Brazil Mining Automation Market By Application 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
