Product Code: GVR-4-68040-665-4
AI In Mining Market Summary
The global AI in mining market size was estimated at USD 29.94 billion in 2024 and is projected to reach USD 685.61 billion by 2033, growing at a CAGR of 41.87% from 2025 to 2033. Artificial intelligence (AI) in mining market growth is significantly accelerated by the growing need for AI technologies that enhance the accuracy of data management, decision making, productivity, and optimize operations with environmental sustainability by technology innovation in the mining sector, which further improves the sorting and accuracy by reducing the consumption of energy and waste.
The AI in mining market is mainly driven due to its capability to reduce carbon footprints, waste with efficient engineering cycles, and increase compliance with ESG targets to make better use of the natural resources of the Earth. It provides mining workers the digital guidance and learning for remote, safe operations, and also ensures that the budget aligns with the project operations and ensures faster projects with smooth delivery of the product. It implements the predictive strategies for maintenance of the assets so that it extends the organization's asset lifecycle with increased operational efficiency in the field of materials, energy, yields, and quality.
Furthermore, optimization in the organizations value chain and a rise in productivity by enhancing the coordination and enhanced the balance of supply and demand, which improves the forecasts from mine to processing plant for maximum recovery by leveraging data management and control methods. AI in mining is used to improve the process by analyzing the data from various sources such as surveys, sensors, and weather patterns, enhancing the resource extraction, reduces waste, and overall efficiency of the mining process.
Mining AI also has a unique role by offering safety in AI systems to detect potential hazards in environmental conditions such as landslides, structural failures, roof collapses, water rush-ins, and alert workers for such conditions to tackle such conditions and ensure safety. There are advanced AI wearables with IoT sensors equipped with AI that provide alerts for fatigue and other health issues that may be caused due to the mining process. AI can monitor the impact of mining activities on the environment, predict environmental risks and manage resource optimization, also helps to use renewable energy in mining operations for reducing carbon footprint and energy costs.
Global AI In Mining Market Report Segmentation
This report forecasts revenue growth on global, regional, and country levels and provides an analysis of the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global AI in mining market report based on the mining type, technology, deployment, and region:
- Mining Type Outlook (Revenue, USD Billion, 2021 - 2033)
- Surface Mining
- Underground Mining
- Others
- Technology Outlook (Revenue, USD Billion, 2021 - 2033)
- Machine Learning & Deep Learning
- Robotics & Automation
- Computer Vision
- NLP
- Others
- Deployment Outlook (Revenue, USD Billion, 2021 - 2033)
- Cloud
- On-premises
- Hybrid
- Market Regional Outlook (Revenue, USD Billion, 2021 - 2033)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Middle East and Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. AI in Mining Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. AI in Mining Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and Social landscape
- 3.3.2.3. Technological landscape
Chapter 4. AI in Mining Market: Mining Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. AI in Mining Market: Mining Type Movement Analysis, 2024 & 2033 (USD Billion)
- 4.3. Surface Mining
- 4.3.1. Surface Mining Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 4.4. Underground Mining
- 4.4.1. Underground Mining Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 4.5. Others
- 4.5.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
Chapter 5. AI in Mining Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. AI in Mining Market: Technology Movement Analysis, 2024 & 2033 (USD Billion)
- 5.3. Machine Learning and Deep Learning
- 5.3.1. Machine Learning and Deep Learning Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 5.4. Robotics & Automation
- 5.4.1. Robotics & Automation Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 5.5. Computer Vision
- 5.5.1. Computer Vision Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 5.6. NLP
- 5.6.1. NLP Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 5.7. Others
- 5.7.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
Chapter 6. AI in Mining Market: Deployment Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. AI in Mining Market: Deployment Movement Analysis, 2024 & 2033 (USD Billion)
- 6.3. Cloud
- 6.3.1. Cloud Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 6.4. On-premises
- 6.4.1. On-premises Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
- 6.5. Hybrid
- 6.5.1. Hybrid Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Billion)
Chapter 7. AI in Mining Market: Regional Estimates & Trend Analysis
- 7.1. AI in Mining Market Share, By Region, 2024 & 2033 USD Billion
- 7.2. North America
- 7.2.1. North America AI in Mining Market Estimates and Forecasts, 2024 - 2033 (USD Billion)
- 7.2.1.1. North America AI in Mining Market Estimates and Forecasts, by Country, 2024 - 2033 (USD Billion)
- 7.2.1.2. North America AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.2.1.3. North America AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.2.1.4. North America AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.2.2. U.S.
- 7.2.2.1. U.S. AI in Mining Market Estimates and Forecasts, 2024 - 2033 (USD Billion)
- 7.2.2.2. U.S. AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.2.2.3. U.S. AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.2.2.4. U.S. AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.2.3. Canada
- 7.2.3.1. Canada AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.2.3.2. Canada AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.2.3.3. Canada AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.2.4. Mexico
- 7.2.4.1. Mexico AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.2.4.2. Mexico AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.2.4.3. Mexico AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.3. Europe
- 7.3.1. Europe AI in Mining Market Estimates and Forecasts, 2024 - 2033 (USD Billion)
- 7.3.1.1. Europe AI in Mining Market Estimates and Forecasts, by Country, 2024 - 2033 (USD Billion)
- 7.3.1.2. Europe AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.3.1.3. Europe AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.3.1.4. Europe AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.3.2. UK
- 7.3.2.1. UK AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.3.2.2. UK AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.3.2.3. UK AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.3.3. Germany
- 7.3.3.1. Germany AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.3.3.2. Germany AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.3.3.3. Germany AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.3.4. France
- 7.3.4.1. France AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.3.4.2. France AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.3.4.3. France AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific AI in Mining Market Estimates and Forecasts, 2024 - 2033 (USD Billion)
- 7.4.1.1. Asia Pacific AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.4.1.2. Asia Pacific AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.4.1.3. Asia Pacific AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.4.2. China
- 7.4.2.1. China AI in Mining Market Estimates and Forecasts, 2024 - 2033 (USD Billion)
- 7.4.2.2. China AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.4.2.3. China AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.4.2.4. China AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.4.3. Japan
- 7.4.3.1. Japan AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.4.3.2. Japan AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.4.3.3. Japan AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.4.4. India
- 7.4.4.1. India AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.4.4.2. India AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.4.4.3. India AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.4.5. South Korea
- 7.4.5.1. South Korea AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.4.5.2. South Korea AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.4.5.3. South Korea AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.4.6. Australia
- 7.4.6.1. Australia AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.4.6.2. Australia AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.4.6.3. Australia AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.5. Latin America
- 7.5.1. Latin America AI in Mining Market Estimates and Forecasts, 2024 - 2033 (USD Billion)
- 7.5.1.1. Latin America AI in Mining Market Estimates and Forecasts, by Country, 2024 - 2033 (USD Billion)
- 7.5.1.2. Latin America AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.5.1.3. Latin America AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.5.1.4. Latin America AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.5.2. Brazil
- 7.5.2.1. Brazil AI in Mining Market Estimates and Forecasts, 2024 - 2033 (USD Billion)
- 7.5.2.2. Brazil AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.5.2.3. Brazil AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.5.2.4. Brazil AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa AI in Mining Market Estimates and Forecasts, 2024 - 2033 (USD Billion)
- 7.6.1.1. Middle East and Africa AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.6.1.2. Middle East and Africa AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.6.1.3. Middle East and Africa AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.6.2. UAE
- 7.6.2.1. UAE AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.6.2.2. UAE AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.6.2.3. UAE AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.6.3. KSA
- 7.6.3.1. KSA AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.6.3.2. KSA AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.6.3.3. KSA AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
- 7.6.4. South Africa
- 7.6.4.1. South Africa AI in Mining Market Estimates and Forecasts, by Mining Type, 2024 - 2033 (USD Billion)
- 7.6.4.2. South Africa AI in Mining Market Estimates and Forecasts, by Technology, 2024 - 2033 (USD Billion)
- 7.6.4.3. South Africa AI in Mining Market Estimates and Forecasts, by Deployment, 2024 - 2033 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Heat Map Analysis
- 8.7. Strategy Mapping
- 8.8. Company Profiles
- 8.8.1. IBM
- 8.8.1.1. Participant's Overview
- 8.8.1.2. Financial Performance
- 8.8.1.3. Product Benchmarking
- 8.8.1.4. Recent Developments
- 8.8.2. SAP
- 8.8.2.1. Participant's Overview
- 8.8.2.2. Financial Performance
- 8.8.2.3. Product Benchmarking
- 8.8.2.4. Recent Developments
- 8.8.3. Microsoft
- 8.8.3.1. Participant's Overview
- 8.8.3.2. Financial Performance
- 8.8.3.3. Product Benchmarking
- 8.8.3.4. Recent Developments
- 8.8.4. Datarock
- 8.8.4.1. Participant's Overview
- 8.8.4.2. Financial Performance
- 8.8.4.3. Product Benchmarking
- 8.8.4.4. Recent Developments
- 8.8.5. Earth AI
- 8.8.5.1. Participant's Overview
- 8.8.5.2. Financial Performance
- 8.8.5.3. Product Benchmarking
- 8.8.5.4. Recent Developments
- 8.8.6. BHP
- 8.8.6.1. Participant's Overview
- 8.8.6.2. Financial Performance
- 8.8.6.3. Product Benchmarking
- 8.8.6.4. Recent Developments
- 8.8.7. ABB
- 8.8.7.1. Participant's Overview
- 8.8.7.2. Financial Performance
- 8.8.7.3. Product Benchmarking
- 8.8.7.4. Recent Developments
- 8.8.8. Sandvik
- 8.8.8.1. Participant's Overview
- 8.8.8.2. Financial Performance
- 8.8.8.3. Product Benchmarking
- 8.8.8.4. Recent Developments
- 8.8.9. Caterpillar
- 8.8.9.1. Participant's Overview
- 8.8.9.2. Financial Performance
- 8.8.9.3. Product Benchmarking
- 8.8.9.4. Recent Developments
- 8.8.10. Komatsu
- 8.8.10.1. Participant's Overview
- 8.8.10.2. Financial Performance
- 8.8.10.3. Product Benchmarking
- 8.8.10.4. Recent Developments