Huatai Securities: It is estimated that by 2026, the proportion of intelligent coal mines will reach 30%, and the penetration rate of unmanned mining trucks will exceed 30%.

Huatai Securities research report indicates that in the coal mining industry, "no one is safe". With the combination of policy support, technological progress, and industrial capital entering the market, the smart mining rate is expected to increase. From the perspective of labor substitution and labor technology substitution, the most attractive prospects for machine substitution for humans are in the areas of smart extraction and transportation, with the smart mining rate expected to reach 30% by 2026 and the penetration rate of unmanned mine carts exceeding 30%. The penetration rate of smart extraction systems in the mining sector is expected to continue to increase, while the advancement of AI technology expands the connotation of intelligentization. Unmanned mine cart projects are gradually maturing, demonstrating economic feasibility, and entering the stage of large-scale deployment. The market value of nearly 60 billion dollars globally by 2030 is worth looking forward to.