The mining industry continues to be central in patent innovation, focusing on the need for greater productivity as well as safety. According to Global Data’s Technology Foresights (2023), which plots the S-curve for the mining industry using innovation intensity models built on over 70,000 patents, there are 40+ innovation areas that will shape the future of the industry.
The innovation areas assessed as maturing are high performance drill bits and hybrid industrial vehicles. Accelerating innovation areas are considered to be battery metal recycling, precision milling and virtual industrial monitoring, with steadily increasing adoption rates. Emerging innovation areas that are in the early stages of application include tunnel ventilation systems, mine drainage systems, and tunnel lining construction are disruptive technologies.
Innovation S-curve for the mining industry
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