Mining Automation Market worth $5.93 billion in 2030 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
SANDVIK AB S/ADR (SDVKY)
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Source: Yahoo! Finance
5.93 billion in 2030, at a compound annual growth rate (CAGR) of 8.4% according to a new report by MarketsandMarkets™. The mining automation market is driven by the growing need to increase productivity in mining operations. Mines that employ human workers witness reduced productivity in changing shifts and accidents due to physical factors such as fatigue or mental/emotional illness. However, implementing mining automation equipment, such as autonomous haulage systems (AHS), automated drilling systems (ADS), and automated loading systems, helps companies carry out round-the-clock production and halt only during refueling and maintenance of machines. MarketsandMarkets Logo Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=257609431 Browse in-depth TOC on " Mining Automation Market 190 – Tables 70 – Figures 270 – Pages Mining Automation Market Scope: Report Coverage Details Market Revenue in 2025 $ 3.96 billion Estimated Value by 203
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- Sandvik (OTCMKTS:SDVKY) had its "overweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
- Sandvik (OTCMKTS:SDVKY) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
- Sandvik (OTCMKTS:SDVKY) was upgraded by analysts at Rothschild Redb from a "hold" rating to a "strong-buy" rating.MarketBeat
- Sandvik (OTCMKTS:SDVKY) had its "outperform" rating reaffirmed by analysts at Royal Bank Of Canada.MarketBeat
- Sandvik (OTCMKTS:SDVKY) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat