Mobile fleet management solution is a vehicle-based system that incorporates data logging, satellite positioning and data communication to a backoffice application. Mobile fleet management in mines involves monitoring LHD cycle times, optimizing tramming distances and mine layout, manage material grades and compute shaft head feed grades in real time. Measuring accurate cycle times, minimizing contention and delays, assign trucks to the right LHD or chute, tracking the status of each piece of equipment and monitoring operator KPIs are few of the other applications of mobile fleet management systems at underground mines.
Mobile fleet management also involves centrally administering all tasks and assigning them wirelessly to operators, however reporting an equipment performance and review of historical activities, including travel paths and equipment idle periods is also done through mobile fleet management in mines. All of these components combined enable the delivery of vehicle management, transport management, driver management and mobile workforce management applications linking vehicles and enterprise IT systems. The market of mobile fleet management system for underground mines in 2015 was $XXm and is estimated to grow at CAGR of XX% during the forecast period.
Fixed and mobile plant assets are two significant areas of capital investment for mining companies, and contractors these days, making them a constant focus of efforts to improve utilisation and investment returns. Mobile fleet management and optimisation are the primary productivity and cost improvement strategies adopted by the mining companies. Mobile fleet management is set to pose significant opportunity for mines to become safer, minimise energy consumption, reduce carbon footprints and save money. As information plays significant role in the capital-intensive mining decisions, mobile fleet management plays a vital role.
Americas is the dominant region with a share of more than XX% followed by Europe, whereas APAC is the fastest growing region and is estimated to grow at a CAGR of XX% during the forecast period 2016-2022. The key players in the market are Siemens AG (Germany), ABB Group (Switzerland), Hexagon Minning (U.S.) amongst others.