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2021 Autonomous Construction Equipment Market Size, Share, Analysis, Statistics, Trends And Forecast

09-14-2021 09:33 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Autonomous Construction Equipment Market

Autonomous Construction Equipment Market

The Business Research Company offers "Autonomous Construction Equipment Global Market Report 2021 - By Autonomy (Partial/Semi Autonomous), By Product Type (Earth Moving Equipment, Construction Vehicles, Material Handling Equipment, Concrete & Road Construction Equipment), By Application (Road Construction, Building Construction), COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The autonomous construction equipment market report describes and explains the global autonomous construction equipment market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The autonomous construction equipment market consists of sales of autonomous construction equipment which works on wireless communication technologies, by interfering with radio signals from other equipment, receiving commands and reporting status. The equipment includes hardware retrofit and sensors added to get machine and process feedback, as well as knowledge of position and the surroundings. It assures benefits like improved safety, increased productivity, and reduced unscheduled maintenance. The market consists of revenue generated by the company’s manufacturing autonomous construction equipment by the sales of these products.

The global autonomous construction equipment market is expected grow from $9.47 billion in 2020 to $10.52 billion in 2021 at a compound annual growth rate (CAGR) of 11.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $15.13 billion in 2025 at a CAGR of 10%.

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Some of the major players of the autonomous construction equipment market are Komatsu Ltd, Caterpillar Inc., Hitachi Construction Machinery Co., Ltd., Volvo Construction Equipment, Built Robotics, Inc., Cyngn, Royal Truck & Equipment, Case Construction Equipment, Deere and Company.

The countries covered in the global autonomous construction equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global autonomous construction equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global autonomous construction equipment market is segmented -
1) By Autonomy: Partial/Semi Autonomous
2) By Product Type: Earth Moving Equipment, Construction Vehicles, Material Handling Equipment, Concrete & Road Construction Equipment
3) By Application: Road Construction, Building Construction, Others

Read More On The Global Autonomous Construction Equipment Market Report:
https://www.thebusinessresearchcompany.com/report/autonomous-construction-equipment-global-market-report

Few Points From Table Of Content
1. Executive Summary
2. Autonomous Construction Equipment Market Characteristics
3. Autonomous Construction Equipment Market Trends And Strategies
4. Impact Of Covid-19 On Autonomous Construction Equipment
5. Autonomous Construction Equipment Market Size And Growth
.....
26. Africa Autonomous Construction Equipment Market
27. Autonomous Construction Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Autonomous Construction Equipment Market
29. Autonomous Construction Equipment Market Future Outlook And Potential Analysis
30. Appendix

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