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As robotic technology advances, Australian mining companies such as Rio Tinto and BHP are among the leaders in deploying automated systems to enhance operational efficiency and safety.
Australia has a strong robotics industry that focuses on automation in both the manufacturing and agricultural sectors, which sets it apart from other robotics markets. GlobalData research indicates that 29% of robotics companies in Australia cater to the mining sector. Besides the robotics industry itself, the main industries served by robotics suppliers are metal and machinery, with 47% of suppliers serving these industries.
GlobalData’s recent report on robotics in mining reveals that the robotics industry was worth $63bn in 2022. By 2030, it will have grown at a compound annual growth rate (CAGR) of 17% to $218bn.
Sales of industrial robots amounted to $20.7bn in 2022, accounting for 33% of the total robotics market. By 2030, this segment is expected to be worth $45.1bn, representing a CAGR of 10% between 2022 and 2030, according to the report.
Mining companies deploy robotics across various parts of their operations, from surface mining to underground excavation and mineral processing.
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