Autonomous Mining Equipment Market Report 2026

The autonomous mining equipment market size has grown steadily in recent years. It will grow from $3.12 billion in 2025 to $3.26 billion in 2026 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to growth of large-scale mining operations, rising safety concerns in hazardous environments, adoption of gps-guided mining equipment, increasing use of telematics, early automation of haulage systems.

The autonomous mining equipment market size is expected to see strong growth in the next few years. It will grow to $3.99 billion in 2030 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to increasing investments in digital mining, rising demand for cost reduction in operations, expansion of fully autonomous mine sites, growing focus on emission reduction, increasing adoption of ai-based mine optimization. Major trends in the forecast period include increasing deployment of autonomous hauling and drilling systems, rising adoption of remote and centralized mine operations, growing integration of safety and collision avoidance systems, expansion of electrified autonomous mining fleets, enhanced focus on productivity and safety.

Rising concerns regarding miners' safety are driving the autonomous mining equipment market. Mining is a hazardous profession with risks such as fires, flooding, mine collapse, and health issues including respiratory diseases, hearing loss, musculoskeletal disorders, and heat stress. Autonomous equipment, including robotic loaders, laser sensors, and driverless trucks, helps reduce human exposure to these dangers and enhance worker safety. For instance, Rio Tinto operates 73 driverless trucks across four iron mines in Australia to improve worker safety. According to the Mine Safety and Health Administration (MSHA), fatal mining accidents rose 25% in 2022, with 38 fatalities recorded by December 2023, up from 30 in 2022. Therefore, rising safety concerns among mine workers are expected to drive the growth of the autonomous mining equipment market.

Major companies in the autonomous mining equipment market are developing innovative technologies such as mobile supervisory systems (MSS) to provide reliable and flexible control of operations. An MSS is a software application that enables monitoring and control of industrial processes and machinery remotely via mobile devices. For instance, in August 2023, ABD Solutions, a UK-based driverless retrofit solution provider, launched the Indigo Drive vehicle automation solution, enabling automation of mining vehicles without pre-existing infrastructure. The MSS includes servers and operator stations to oversee fleets in harsh environments and uses hot-swappable lithium-ion batteries, which can be charged via solar or hydrogen generators for continuous operation.

In July 2024, Epiroc, a Sweden-based provider of mining and construction equipment, acquired ASI Mining for an undisclosed amount. This acquisition strengthens Epiroc’s autonomous mining capabilities by integrating advanced remote control, teleoperation, and fully autonomous technologies into its global equipment and services portfolio. ASI Mining is a US-based provider of OEM-agnostic mining automation systems that improve safety, productivity, and fleet efficiency.

Major companies operating in the autonomous mining equipment market are Aktiebolaget Volvo, Hitachi Ltd., Caterpillar Inc., Rio Tinto Company Limited, Vale S.A., Anglo American plc, ABB Ltd., Komatsu Ltd., Liebherr-International AG, Atlas Copco AB, Newmont Corporation, Sandvik AB, Barrick Gold Corporation, South32 Limited, Rockwell Automation Inc., First Quantum Minerals Ltd., Hexagon AB, Epiroc AB, Gold Fields Limited, Newcrest Mining Limited, Trimble Inc., OZ Minerals Limited, Autonomous Solutions Inc.

Asia-Pacific was the largest region in the autonomous mining equipment market in 2025. North America was the second-largest region in the autonomous mining equipment market share. The regions covered in the autonomous mining equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the autonomous mining equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The autonomous mining equipment market consists of sales of mining equipment which function with minimal human intervention and primarily help in safe mining and transportation of ores and other materials. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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