According to the latest market research study released by Technavio, the global mining laboratory automation solutions market is expected to generate revenues of almost $371 million during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the global mining laboratory automation solutions market based on product type:
Global mining laboratory automation solutions market share by product type 2015
|
Automated Analyzers and Sample Preparation Equipment |
52.60% |
|
Container Laboratories |
19.51% |
|
LIMS |
16.86% |
|
Robotics |
11.02% |
Source: Technavio
Global mining laboratory automated analyzers and sample preparation systems market
The global mining laboratory automated analyzers and sample preparation systems market was valued at almost $197 million in 2015 and will post a CAGR of close to 2% by 2020. These tools include site-specific systems that combine several devices and machines and enable multiple samples or batches to be loaded for analysis at the same time. The use of this technique ensures reduced operator intervention, minimized errors due to manual handling, and saves travel time between the processing stages. The increasing adoption of automated analyzers and sample preparation systems enables companies to reduce operational and labor costs.
“Various industries are integrating multiple analyzers that automate sample preparation and retrieving systems. The automation of tasks such as sorting samples, loading, and unloading, and sorting samples to specific analyzers can quickly improve TAT, reduce human error, and reduce labor costs. The vendors will focus on providing regular support and maintenance regarding adjustments, repairs, and replacement services to ensure the effective performance of equipment,” says Bharath Kanniappan, a lead analyst at Technavio for research on automation.
Global mining container laboratories market
The global mining container laboratories market was valued at close to $73 million in 2015 and is expected to generate revenues of about $59 million by 2020. Container laboratories are on-site mining laboratories on exploration projects for the pre-screening of samples. These labs are modular units are used for lab space for new mines or to replace outdated lab space at existing mines that provide the sample analysis directly to the plant operator. These systems samples reduce transport costs and do not require additional space in the mining laboratory building. The manufacturers in the market are offering customized container laboratories for their customers that are flexible as per the requirements of the operations of the mining agencies.
Global mining LIMS market
The global mining LIMS market was valued at about $63 million in 2015 and is expected to generate revenues of almost $63 million by 2020. LIMS automate processes in mining laboratories that includes managing and tracking samples during testing and sending results to scientists. This tool enables the production of quality data in less time compared with traditional management systems. LIMS facilitates data sharing, collaboration, and integration across multiple data sources and automated and robotic systems. This technology is available in both on premise and cloud-based models.
Global mining laboratory robotics market
The global mining laboratory robotics market was valued at more than $41 million in 2015 and is expected to generate revenues of over $37 million by 2020. Robotics used in mining laboratories relieves lab technicians and scientists from repetitive handling tasks and allows them to focus on more time on value-added activities. The implementation of robotics enables scientists to set up, run, and analyze the results of the sample experiments in a lesser time frame with little manual intervention. The common robots employed in mining laboratories include cylindrical and Cartesian robots. These robots perform functions like moving objects, identifying samples, and weighing specimens.
The top leading vendors operating in the global mining laboratory automation solutions market are:
- Bruker
- FLSmidth
- Thermo Fisher Scientific
- ROCKLABS
Other prominent vendors in the market include Datech Scientific Limited, GE Energy, Hach, Intertek, JEOL, Shimadzu, ThyssenKrupp, and Waters.
A more detailed analysis is available in the Technavio report titled, ‘Global Mining Laboratory Automation Solutions Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Mining Equipment Rental Market 2016-2020
- Global Mining Chemicals Market 2016-2020
- Global Mining Waste Management Market 2016-2020
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