Asia-Pacific Connected Mining Market Outlook (2025-2035)
The Asia-Pacific connected mining market encompasses digital transformation in mining operations, integrating advanced technologies like IoT, AI, analytics, and automation to optimize production, reduce operational costs, enhance miner safety, and drive sustainability. Connected mining leverages real-time data acquisition and analytics, allowing mining companies to proactively monitor assets, streamline logistics, and ensure regulatory compliance. The market’s rapid expansion is fueled by increasing adoption among major mining economies such as Australia, China, and India, as they embrace Industry 4.0 solutions to achieve efficiency and environmental objectives.
Latest Market Dynamics
Key Drivers
Accelerating adoption of IoT and automation: In 2025, IoT-enabled sensors and smart machinery have become pivotal for real-time asset visibility, resulting in productivity gains. For example, Rio Tinto’s Koodaideri mine project integrates
Growing focus on workplace safety: Regulatory mandates and the need to protect workers drive the implementation of safety monitoring tech. Komatsu’s smart wearable tech, adopted by major Indian miners in early 2025, curbs incidents, reflecting the boom in safety-driven digital tool deployment.
Key Trends
Cloud-based analytics rise: The increased adoption of cloud platforms for scalable data storage and predictive analytics seen with IBM’s new mining-centric solutions rolled out with Australian partners in Q2 2025, enables actionable intelligence across entire mining lifecycles.
Integration of AI-powered analytics: Hitachi introduced AI-driven fleet management systems for continuous equipment health tracking, as evidenced by recent deployments in Indonesian surface mining, reducing unscheduled downtimes.
Key Opportunities
Expansion into underserved regional markets: Growing investments in Southeast Asia, such as Vietnam and the Philippines, offer vast opportunities for tech providers. Hexagon AB’s move into Vietnamese mining in April 2025 exemplifies market expansion.
Partnerships with local integrators: Schneider Electric’s May 2025 joint venture with South Korean system integrators enables tailored, rapid deployment, opening up service and support opportunities.
Key Challenges
Legacy system integration: Many mining sites still run outdated IT infrastructure, complicating the adoption of new digital ecosystems. SAP SE has launched standard migration toolkits to address digital readiness challenges for large Indian mining customers.
Cybersecurity concerns: Increasing digital connectivity heightens exposure to cyber risks across the ecosystem. Cisco responded by partnering with Australian miners in June 2025 to introduce robust, mining-specific security frameworks.
Key Restraints
High implementation costs: The significant capital required for digital transformation slows adoption, particularly among small and medium miners. Siemens AG’s financing programs for APAC mining customers aim to alleviate CAPEX constraints.
Regulatory and compliance complexity: Varying policies across Asia-Pacific pose hurdles, affecting cross-border standards for connected mining operations. Standardization efforts by industry consortia, championed by Accenture in June 2025, are helping harmonize requirements.
Asia-Pacific Connected Mining Market Share by Type, 2025
Surface mining forms the dominant segment in the Asia-Pacific connected mining market, driven by the prevalence of open-pit operations in Australia, China, and Indonesia. Underground mining follows, gaining ground as technology enables safer, more efficient deep mining. Placer, in-situ, dredging, and solution mining represent smaller yet growing shares, benefiting from targeted digital investments to enhance resource recovery and compliance. The shift toward automation, real-time monitoring, and resource optimization accelerates technology uptake in both key segments.
Asia-Pacific Connected Mining Market Share by Application, 2025
Asset tracking and optimization stands as the leading application, reflecting industry-wide demand for real-time equipment and material tracking. Fleet management is catching up, supported by AI-driven analytics reducing operational costs and unplanned downtimes. Industrial safety and security solutions are in high demand, reflecting regulatory pressure and workforce safety mandates. Applications like analytics and reporting, workforce management, and process control are steadily growing in share as miners pursue holistic digital transformation agendas.
From a market value of USD 3,800 Million in 2020, the Asia-Pacific connected mining sector is anticipated to reach USD 14,200 Million by 2035, charting a robust growth trajectory. The adoption of digital mining solutions accelerates from 2025 onward, as miners prioritize real-time monitoring, AI, and automation. Australia and China dominate revenue contributions, driven by large-scale operations and sustained investment in mining technology. Key segments – especially asset tracking and fleet optimization – unlock incremental value for the sector.
Year-on-year (YOY) growth for Asia-Pacific’s connected mining market is forecast to peak at 13.5% between 2025 and 2030, moderating slightly to 10.2% by 2035 as the market matures. Growth is propelled by expanding digital initiatives, supported by governmental push for mining safety and environmental sustainability. Leading mining companies’ investments in disruptive technologies fuel sustained market momentum, with higher YOY gains expected in Southeast Asia and India.
Asia-Pacific Connected Mining Market Share by Region, 2025
Australia remains the undisputed leader in the Asia-Pacific connected mining industry, contributing 31% of the total market share owing to its early adoption of digital technologies and safety innovations. China follows as a strong contender with 26%, benefiting from rapid industrial modernization and large-scale mining projects. India rounds out the top three with 17% share, driven by significant investments in mining automation and analytics. Other regions such as Indonesia, Vietnam, and the Rest of APAC collectively contribute to the remaining share, indicating growing potential across emerging markets.
ABB leads the competitive landscape with 19% share, reflecting its broad portfolio of connected mining solutions adopted region-wide. Siemens AG accounts for 15% due to robust deployments in Australia and China. Hexagon AB, Komatsu, and Schneider Electric hold significant positions, each leveraging partnerships and technological advancements. The rest of the market is distributed among other global and regional players, including Caterpillar, IBM, Rockwell Automation, and SAP, all increasing their Asia-Pacific presence via strategic collaborations.
Large mining enterprises form the core buyer group, accounting for 62% of total connected mining solution consumption in 2025, owing to their financial muscle and focus on digital transformation. Medium-sized mining organizations account for 27%, increasingly turning to modular and scalable digital solutions. Small miners, while adopting at a lower rate (11%), show a rising interest as technology becomes more affordable and vendor financing models proliferate across the region.
Study Coverage
Metrics
Details
Years
2020-2035
Base Year
2025
Market Size
Revenue (USD Million)
Regions
Australia, China, India, Taiwan, Vietnam, Philippines, Singapore, South Korea, Rest of APAC
Segments
By Type: Surface Mining, Underground Mining, Placer Mining, In-situ Mining, Dredging, Solution Mining; By Application: Asset Tracking and Optimization, Fleet Management, Industrial Safety and Security, Workforce Management, Analytics and Reporting, Process Control
June 2024: ABB launched its latest edge-computing enabled mining automation platform with deployments at Australian and Indonesian mines.
July 2024: Schneider Electric signed a JV with South Korean integrators to expedite project delivery for mining digitalization.
August 2024: IBM partnered with an Australian mining major to implement hybrid multi-cloud analytics across its mine sites.
September 2024: Komatsu introduced AI-powered wearable safety tech for surface mining in India and the Philippines.
October 2024: Hexagon AB expanded turnkey mining optimization solutions into Vietnam, focusing on emerging market digitalization.
Frequently Asked Questions
About the Author
Manisha C
Lead Industry Analyst
Manisha C is a Lead Industry Analyst specializing in market research, industry analysis, and business consulting across Information & Technology. Manisha C brings a commercially grounded perspective to sectors shaped by changing demand, innovation, and competitive dynamics, helping turn complex market trends into clear strategic insights for business decision-makers. With 10+ years of experience across research, analytics, and strategic advisory roles, Manisha C has helped organizations translate data into actionable growth strategies.
Information & TechnologyMarket ResearchIndustry AnalysisStrategic Consulting
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