How Connected Solutions Accelerate the Transformation of the Mining Industry

What is connected mining?

Mining is a trillion-dollar industry with many global giants competing in the production of commodities. As digital transformation is driving change in most sectors, mining, which is traditionally a capital- and labor-intensive industry, is now also heavily impacted by new technology.

Berg Insight¹ defines connected mining as “various systems including hardware components and software deployed to improve the safety, efficiency and productivity of mining operations”.

How can the mining industry benefit from digitalization?

While traditional mining methods are still widely used, primarily in certain regions, more advanced technology is increasingly leveraged in modern mines. Real-world implementations show beyond doubt that digitalization of mining operations indeed has a profound impact on production efficiency and safety.

Mining industries deploy a wide variety of applications enabled by hardware and software technology, and connected mining solutions especially cover 5 key segments: equipment, people, environment, back-office and infrastructure.

“The total connected mining installed base across all segments is growing at a compound annual growth rate of 15.8 percent over the period 2022-2027.”

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Can enterprises consider LoRaWAN for this industry?

The technologies enabling connected mining are truly diverse and go beyond conventional technologies that are generally ubiquitous in other industries. Those traditional approaches are not always applicable in or suited for the mining sector.

In this report, Berg Insight details that:

Surface mines oftentimes also use newer wireless technologies to connect sensors, such as Wi-Fi, LoRaWAN and radio networks, and
Underground mining operations in many cases employ a mix of infrastructure technologies that may include Wi-Fi, private LTE/5G, UWB, BLE, private LoRaWAN, RFID, leaky feeder and laser scanning.

Why should you download this report?

This market report will give you an instant overview of the connected-mining market, with a roundup of applications and segments. Topics covered include:

Installed base of connected mining solutions by segment,
Deep dive in the 5 key segments,
Focus on 8 connected mining key applications,
Examples of connected mining solutions.

¹Berg Insight, “How Connected Solutions Accelerate the Transformation of the Mining Industry”, by Fredrik Stålbrand, February 2023.

Berg Insight Disclaimer:

Berg Insight is an independent producer of market analysis, and this Berg Insight product is the result of objective research by Berg Insight staff at the time of data collection. The opinions of Berg Insight and its analysts on any subject are continuously revised based on the most current data available. The information contained herein has been obtained from sources believed to be reliable. Berg Insight disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.