Sweden Mining Automation Market Size & Outlook, 2025-2031
Sweden Mining Automation Market Size
According to Straits Research analysis, the Sweden Mining Automation Market was valued at USD 155.81 million in 2024 and is projected to reach USD 277.78 million by 2031, expanding at a CAGR of 8.7% during the forecast period. Primary applications fueling this growth include automation in mineral processing, software simulation, and extraction sectors. Key industries driving demand are energy, agricultural, chemical sectors, and other industrial application areas. Trends such as sustainability, green production and marked technological advancements in AI, machine learning and robotics also contribute significantly to market expansion. An emphasis on low-carbon production and exports of smart mining solutions present promising future opportunities. With its robust infrastructure and innovative capabilities, Sweden is strategically positioning itself as a global leader in the mining automation space.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Sweden 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.
- Sweden accounted for 2.85% 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 Europe, Germany is forecasted to dominate the regional mining automation market size by 2031.
- Germany will be the fastest-growing market in Europe, projected to achieve USD 3233.85 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 155.81 Million |
| Market Size In 2031 | USD 277.78 Million |
| Largest segment | Equipment Automation |
| Fastest segment | Software Automation |
| Units | Revenue in USD Million |
| CAGR | 8.7% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Sweden Mining Automation Market Share By Solution
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Solution |
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| Application |
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Sweden Mining Automation Market By Solution 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Sweden Mining Automation Market By Application 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
