Technology Investment Priorities in Latin American Mining, 2015
JSB Market Research announced latest market research report Titled “Technology Investment Priorities in Latin American Mining, 2015". This report provides a detailed analysis of investment intentions towards 12 areas of technology in the Latin American mining sector.
Synopsis
Technology Investment Priorities in Latin American Mining, 2015 provides a detailed analysis of investment intentions towards 12 areas of technology in the Latin American mining sector. The analysis is based upon Timetrics survey of over 100 mine managers, procurement managers and other key decision-makers across 76 operating mines. It focuses in particular on mine-management and vehicle-related technologies.
Areas of analysis include:
Mining companies priorities for investments in the coming two years, across 12 mine-site technologies including remote control/machine automation, productivity monitoring systems, equipment health monitoring, mine management software and communication products to name a few, with separate analyses for mine-management and vehicle-related technologies.
Comparisons of investment intentions across segments, including four commodity groups, three mine types and global annual revenue
Comparisons highlighting differences between current and prospective investments across four major countries: Peru, Chile, Colombia and Brazil.
Specific insight into the potential for autonomous vehicles, trends of current use and expectations for investment over the next ten years.
Summary
Overall trends in the data revealed:
The primary technologies in which respondents plan to increase investments are specifically remote control/machine automation, productivity monitoring systems, equipment health monitoring, mine management software and communication products.
At least 50% of respondents all 12 technologies in place at their sites
20% of respondents are currently using autonomous vehicles, with a further 7% planning on implementing in less than 2 years. A share of 31% of respondents has no plans on using the vehicles in the forseeable future.
Safety is the leading driver of technology investment,followed by productivity improvements and then cost reduction.
Scope
The report is based on responses from a survey of 103 senior decision makers at operating Latin American mines, responsible for the purchase of equipment for plant and mine operations, along with its consumables.
Survey respondents came from 14 different countries including: Peru, Chile, Colombia, Brazil, Mexico, Venezuela, the Dominican Republic and Bolivia. This included four main commodity groups and a range of surface and underground mining operations.
View Full Report with TOC @ http://www.jsbmarketresearch.com/materials/r-technology-investment-priorities-in-latin-american-mining-2015-210766
Reasons to Buy
Understand what factors most influence technology investment, and how this varies by commodity group, mine type, global company revenue and country.
Target the segments with the greatest opportunity for your technology products and services.
Segment the market according to those fully invested, those partially invested and those not considering investment for each technology.
Key Highlights
The primary technologies in which respondents plan to increase investments are specifically remote control/machine automation, productivity monitoring systems, equipment health monitoring, mien management software and communication products.
At least 50% of respondents already have each of the 12 technologies in place at their sites.
20% of respondents are currently using autonomous vehicles, with a further 7% planning on implementing in less than two years.
Safety is the leading driver of technology investments, followed by productivity improvements and cost reduction.
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