Canada Mining Automation Market Size & Outlook, 2025-2031
Canada Mining Automation Market Size
According to Straits Research analysis, the Canada Mining Automation Market was valued at USD 156.26 Million in 2024 and is projected to reach USD 266.62 Million by 2031, expanding at a CAGR of 8% during the forecast period. This growth is largely fuelled by the increasing demand from industries such as agriculture, chemicals, and energy. These sectors highly utilize the benefits of automated mining processes, which include increased efficiency, improved safety, and lower operational costs. Emerging trends such as sustainable and low-carbon production methods are offering new opportunities within the mining automation market. Moreover, ongoing technological advancements are promising to revolutionize mining operations, reinforcing Canada's export potential. As Canada continues to embrace these innovative trends, it is distinctly positioning itself as a global leader in the mining automation market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada 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.
- As of 2024, Canada held 2.86% of the global mining automation market size.
- By 2031, United States is anticipated to capture the largest share of the global mining automation market.
- In North America, United States is expected to lead the regional mining automation market size by 2031.
- Canada will remain the fastest-growing market in North America, reaching USD 735.73 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 156.26 Million |
| Market Size In 2031 | USD 266.62 Million |
| Largest segment | Equipment Automation |
| Fastest segment | Software Automation |
| Units | Revenue in USD Million |
| CAGR | 8% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Canada Mining Automation Market Share By Solution
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Solution |
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| Application |
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Canada Mining Automation Market By Solution 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Mining Automation Market By Application 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
