Boston, MA -- (SBWIRE) -- 12/19/2016 -- The automation of laboratory functions in the mining industry reduces the requirement of human labor in the work environment, reducing human errors. Automation not only lowers errors but also improves efficiency and accuracy in most cases. Analytical instrument manufacturers have started providing complete analytical solutions instead of just instruments. Hyphenation, the combination of one or more functions into a single container, is another trend that vendors have started to address. It often requires two or more individual instruments to be built under a single casing so that they can work in tandem.

Technavio's analysts forecast the global mining laboratory automation solutions market to grow at a CAGR of 0.15% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global mining laboratory automation solutions market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of hardware and software licenses, upgrades of existing solutions, and maintenance and services for calculating laboratory automation solutions market value in the mining industry.

Get More Details on this Report and a Full Table of Contents at Global Mining Laboratory Automation Solutions Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Mining Laboratory Automation Solutions Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Bruker
-FLSmidth
-Thermo Fisher Scientific
-ROCKLABS

Other prominent vendors

-Datech Scientific Limited
-GE Energy
-Hach
-Intertek
-JEOL
-Shimadzu
-ThyssenKrupp
-Waters

Market driver

-Inefficiencies in conventional analytical mining laboratory.
-For a full, detailed list, view our report

Market challenge

-Need for continuous maintenance and services.
-For a full, detailed list, view our report

Market trend

-Outsourcing of mining laboratory functions to commercial laboratories.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Bruker, FLSmidth, Thermo Fisher Scientific, ROCKLABS, Datech Scientific Limited, GE Energy, Hach, Intertek, JEOL, Shimadzu, ThyssenKrupp, Waters

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