Piyasa bakış

The global 5G in mining market is projected to reach a size of over USD 2.15 milyar 2023 and is expected to grow at a CAGR of 34.55% to reach USD 12.75 milyar tarafından 2029. The implementation of 5G technology in the mining industry offers various opportunities for Industry 4.0 technologies such as IoT, artificial intelligence, machine learning, and robotics. It provides faster speeds and better load-carrying capacity, which are essential for the connectivity required in Industry 4.0. Mining industries have already started adopting Industry 4.0 technologies like big data, yapay zeka, IoT, and augmented reality to improve production and reduce errors. Real-time tracking of data transmission, assets, security, and vehicles can be achieved with increased efficiency.

The mining industry has been connecting its services and products with emerging technologies such as IoT, yapay zeka, 5G, cloud computing, augmented reality, virtual reality, and cybersecurity. yapay zeka, in particular, has gained popularity due to its ability to generate accurate data and reduce manual errors, helping companies make informed decisions and increase production. This growth in AI is also expected to contribute to the growth of the 5G in mining market.

Improvements in connectivity infrastructure and the development of 5G networks are expected to boost the demand for 5G in the mining sector. In underground mining, high-speed networks with low latency are crucial for efficient operations. The high bandwidth provided by 5G can enhance mining operations and overcome connectivity barriers in remote locations. Furthermore, the combination of 5G and Software Defined Networking in Wide Area Networks (SD-WAN) allows for secure data transfer between different centers, remote units, and cloud environments, optimizing efficiency and resolving data security concerns.

One major challenge hindering the adoption of 5G in the mining industry is security issues. Unlike previous generations of networks, it is more difficult to detect cybercrime attempts in the 5G connectivity scenario, as users can easily switch their location by changing antenna locations. This poses a risk of data theft, which is critical for organizations’ decision-making processes and growth. Addressing these security concerns is crucial to overcoming the challenges and facilitating the growth of the 5G in mining market.

Pazar Segmentasyonu

Pazar çeşitli faktörlere göre bölümlere ayrılmıştır, including spectrum, başvuru, ve coğrafya.

Segmentation by Spectrum
Mid-Band
High-Band
Low-Band

Uygulamaya Göre Segmentasyon
Surface Mining
Underground Mining

Coğrafyaya Göre Segmentasyon
Avrupa – Rusya, İsveç, Rest of Europe
Asia-Pacific – Çin, Endonezya, Rest of APAC
Latin Amerika – Brezilya, Şili, Rest of Latin America
Rest of The World – Kanada, Güney Afrika, Other Countries

The mid-band spectrum segment dominates the global 5G in mining market, with a valuation of USD 1.2 milyar 2023. This spectrum, ranging from 1GHz to 6GHz, is considered ideal for 5G due to its ability to carry data across significant distances. Japanese and Chinese operators are planning to deploy 5G spectrum in the range of 4.5GHz to 5GHz. Currently, the mid-band spectrum is preferred in the market because it supports the present condition of the 3.5GHz spectrum range, enabling the transmission of data over significant distances during the early integration of 5G networks.

The high-band spectrum segment is expected to grow at a CAGR of 36.02% tahmin dönemi boyunca. According to GSMA, 5G supports bands such as 60GHz, 50GHz, 40GHz, and 26GHz for mobile services. The high-band spectrum offers fast speed within a one-mile range and is suitable for use in busy places like shopping malls and urban areas. In high-traffic areas, the 36GHz band mmWave can be deployed to provide extra speed and network capacity. The 28GHz and 26GHz bands, which are adjacent spectrum bands, have gained strong momentum according to operators. Verizon, for example, has deployed mmWave spectrum using the 39GHz and 28GHz bands in 31 cities. They utilize 5G small cells and beam-forming technology to improve coverage.

Surface mining is the largest application segment in the global 5G in mining market, USD değerinde 1.5 milyar 2023. Surface mining involves removing rock and soil to access mineral deposits instead of conducting underground mining. Stones that overlay the minerals are typically left in place, and extraction occurs through tunnels or shafts. 5G technology can be deployed in all mining operations and enable unmanned, highly efficient operations with reduced errors. This automation and use of IoT devices increase safety during drilling and blasting operations and provide real-time monitoring data.

The global 5G in underground mining market is projected to grow at a CAGR of 40.35% tahmin dönemi boyunca. Underground mining involves extracting important metals like zinc, copper, gold, and others from depths where surface mining is not feasible. By utilizing 5G technology, underground mining operations can be automated, allowing for real-time tracking and monitoring by automated machines.

APAC dominates the global 5G in mining market, with a valuation of USD 860 million in 2023. Çin, Endonezya, Avustralya, Tayland, and India are major players in this market. China and Indonesia have already implemented 5G in mining, while Australia and Thailand are currently testing its applications. India is an emerging market, attracting both local and international investors due to supportive government regulations and the presence of key players in the 5G technology market.

The European 5G in mining market is expected to grow at a CAGR of 29.38% tahmin dönemi boyunca. The European Union includes countries such as Russia, İsveç, Finlandiya, Danimarka, İtalya, the UK, ispanya, Fransa, Portekiz, ve diğerleri. Rusya, with its vast geographical area and abundant mineral reserves, is the leading player in the European market. The mining and metal industry in Europe encompasses various minerals and metals, including coal, base metals, steel, iron ore, gold, silver, platinum, and more. Mining companies are adopting 5G technology to enhance their production capacity through automation, IoT applications, and other advancements. For instance, Nokia and Nornickel have successfully tested 5G in the mining sector of Russia.

Other countries such as Canada, Güney Afrika, the US, Suudi Arabistan, Gana, and Peru also play significant roles in the global 5G in mining market. These countries experience high demand for raw materials like steel, cement, coal, aluminum, copper, and other metals and minerals due to increasing construction and industrial development. To meet these demands, the mining industry needs to increase its production capacity. Güney Afrika, for example, is a major producer of platinum group metals and has started implementing 5G technology in mining operations. Chinese mining company Zijin has partnered with telecom company Huawei and South African network provider MTN to provide a 5G network in its Garatau Project.

Rekabetçi Ortam

The key players dominating the global 5G in mining market include Cisco, Hitachi Energy, Huawei, Nokia, and Telefonaktiebolaget LM Ericsson. The competitive landscape within the market is presently highly intense. The rapid evolution of technology can have an impact on value chain partners such as vendors and distributors, as customers anticipate upgrades and innovations. The industry presents a cohesive front, with several players offering 5G technology solutions specifically tailored for the mining sector. Competition in the market revolves around factors such as product development, connection density, technology capabilities, pricing, latency performance, and innovative solutions. To stay competitive, most companies are diversifying their portfolios through innovation. Active investments are being made by companies to foster collaborations with stakeholders who possess significant expertise in both 5G technology and relevant geographical markets.

Key companies profiled in this report include Cisco, Hitachi Energy, Huawei, Nokia, Telefonaktiebolaget LM Ericsson, Alibaba Cloud, Athonet, Google (Google Cloud), Intrado, Microsoft (Microsoft Azure), Niral Networks, NTT, Qualcomm, Samsung, Sateliot, Sierra Wireless, Verizon, Windstream.

Recent Industry Developments

During MWC22 in Barcelona in 2022, Huawei and China Unicom jointly announced the PNI-NPN solution. China Unicom intends to implement this solution in more than 100 mines.

In Brazil, Vale, in partnership with the technology research institute IPT and Nokia, has inaugurated a laboratory equipped with 5G technology. This laboratory will provide significant benefits to Vale’s mining operations, including real-time tracking, controlled operations, autonomous drill rigs, haulage trucks, and applications of the Internet of Things (IoT).

Nokia and Sandvik have established a strategic partnership to accelerate the digital transformation in the mining industry and deliver global value to customers. The successful testing of the 5G network in Sandvik’s test mine opens up opportunities for autonomous, robotic, and remote operations, enhanced safety measures, advanced analytics, and full fleet automation. Sandvik and Nokia are also collaborating with VTT, a technical research center in Finland, to further advance their efforts in this domain.

Cevaplanan Anahtar Sorular

How large is the 5G in mining market globally?

The global 5G in mining market achieved a valuation of USD 2.15 milyar 2023 USD'ye ulaşması bekleniyor 12.75 milyar tarafından 2029.

What is the growth rate of the 5G in mining market?

The global 5G in mining market is anticipated to grow at a compound annual growth rate (CAGR) ile ilgili 34.55% itibaren 2023 ile 2029.

Who are the major players in the global 5G in mining market?

The key players in the global 5G in mining market include Cisco, Hitachi Energy, Huawei, Nokia, and Telefonaktiebolaget LM Ericsson.

Which region dominates the global 5G in mining market share?

The Asia-Pacific (Asya Pasifik) region holds the largest share in the global 5G in mining market, with a valuation of USD 860.00 million in 2023.

What are the primary driving factors behind the growth of the 5G in mining market?

The key driving factors for the growth of the 5G in mining market include the increasing adoption of digitization in mining operations, the implementation of sustainability standards to enhance productivity and profitability, and the growing utilization of artificial intelligence in operational activities.