Historically, the global coal, lignite, and anthracite mining market, a part of the mining industry, grew at a compound annual growth rate (CAGR) of almost 5%. This growth rate was due to an increased rate of electricity generation that resulted in higher consumption of coal. Electricity generation accounted for around 60% of the total coal consumption during the historic period.

The global coal, lignite, and anthracite mining market size is expected to be around $1000 billion in 2021, growing at a slightly lower CAGR of about 4.5%. Going forward, the coal, lignite and anthracite market is expected to grow at a slower pace than the historic period. This is mainly due to increased regulations with respect to depletion of fossil fuels and carbon emissions.



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Mining companies are increasingly focusing on technologies to prevent accidents and improve the safety standards in the coal, lignite and anthracite mining market. Government regulations, and health and safety standards developed by international mining groups operating in the mining industry, also promote efficient safety practices. Some of the reasons for the occurrence of accidents in mining industry include ineffective drilling, blasting, loading and hauling, leaking out of poisonous methane gas, coal dust, and machinery collisions. Companies operating in the coal, lignite and anthracite mining industry are integrating advanced technologies in their process to minimize the hazards on mining sites. For instance. sensor-based methane detectors using RFID technology are being used to monitor and control the level of methane which can help preventing explosions at mining sites. GE’s CoalPlus technology helps in reducing coal dust in mining operations by up to 90%. Other companies such as Fletcher, JOY, Hilti and Orica are providing automated temporary roof support (ATRS) and mobile roof support (MRS) solutions to prevent rockfalls caused by bolting of rocks. These technologies involve inserting a steel rod into the rock formation to support the roof or sides of the rock cavity. Caterpillar’s Cat Detect Personnel technology indicates possible collisions, speeding or rollovers.

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