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What is the market for mature intelligent buildings and remote operation solutions for mining machinery?

Jun 26, 2023

What is the market for mature intelligent buildings and remote operation solutions for mining machinery?

The intelligent building and mining machinery remote operation solution refers to a solution that utilizes information communication technology (ICT) and artificial intelligence (AI) technology to achieve automation, intelligence, and remote control of building and mining equipment. It can improve the efficiency, safety, and sustainability of construction and mining, reduce labor costs and environmental impacts, and meet the development needs and challenges of the industry. This article will introduce the market situation of mature intelligent building and mining machinery remote operation solutions from the following aspects.

 

Intelligent Building Market

 

Intelligent building is a kind of building form that uses Internet of Things (IoT), cloud computing, Big data, 5G and other technologies to realize the interconnection, automatic control and optimal management of various facilities and systems inside the building. It can improve the comfort, energy efficiency, safety, and intelligence of buildings, providing residents and users with a higher quality living and working environment. According to a report by market research firm MarketsandMarkets, the global smart building market size in 2020 was $66.2 billion, and it is expected to reach $136.9 billion by 2026, with a compound annual growth rate of 10.5%. The main driving factors include the government's support and encouragement for energy conservation and emission reduction, the acceleration of urbanization, the impact of the COVID-19 on telecommuting and home life, and the development and application of Internet of Things technology.

 

Remote operation market for mining machinery

 

Remote operation of mining machinery refers to a solution that utilizes unmanned aerial vehicles, unmanned vehicles, unmanned ships, and other equipment to achieve remote monitoring, control, and management of mining machinery through 5G networks, satellite communication, fiber optic networks, and other means. It can improve the efficiency, accuracy, and flexibility of mining, reduce the risk of casualties and environmental pollution, and adapt to complex and harsh mining conditions. According to a report by market research firm Research and Markets, the global mining machinery remote operation market size was $2.7 billion in 2019 and is expected to reach $3.7 billion by 2025, with a compound annual growth rate of 5.6%. The main driving factors include the development demand for mining resources, the rise in labor costs, the strengthening of safety regulations, and the innovation and application of automation technology.

 

The mature intelligent building and remote operation solutions for mining machinery have broad market prospects and huge development potential. With the progress and innovation of technology, as well as the transformation and upgrading of the industry, intelligent building and mining machinery remote operation solutions will continue to be improved and optimized, bringing more value and opportunities to the construction and mining industry.