Autonomous Construction Equipment Market Size, Forecasts Analysis, Industry Growth, Company Profiles, Global 2021 Industry Share and Key Regions 2027- Caterpillar Inc., Hitachi Construction Machinery Co., Ltd., Volvo Construction Equipment

The Autonomous Construction Equipment Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Autonomous Construction Equipment Market Size is Projected to Reach at a CAGR of 11% during 2021-2027.

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Market Overview:

The demand within the global market for autonomous construction equipment has been rising on account of key advancements in the worldwide constructions industry. Autonomous construction equipment has been gaining popularity across the world on account of its ability to hasten the construction process and offer a high level of standardisation. The global construction industry has recorded massive growth in terms of expanse, revenues, and demand, thus, giving an impetus to the growth of the global market for autonomous construction equipment. The need to build reliable, strong and aesthetic structures is felt across the industrial, residential, and commercial sectors which are projected to propel market demand. Furthermore, architects, engineers, and other professionals in the constructions industry have shown a sense of proclivity towards paced constructions. Hence, it is safe to prognosticate that the demand within the global market for autonomous construction equipment would touch new heights in the years to come. Moreover, the intervention of government entities in the constructions industry is also expected to result in greater adoption of autonomous construction equipment.

Top Leading Companies:

Komatsu Ltd., Caterpillar Inc., Hitachi Construction Machinery Co., Ltd., Volvo Construction Equipment, Built Robotics, Inc., Cyngn, Royal Truck & Equipment, Case Construction Equipment

Recent Development:

Caterpillar has acquired 37 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 8 assets. Caterpillar’s largest acquisition to date was in 2010 when it acquired Bucyrus International for $7.6B. Its largest disclosed sale occurred in 2012 when it sold Neovia Logistics Services to Platinum Equity for $750M. Caterpillar has acquired in 13 different US states, and 13 countries. The Company’s most targeted sectors include machinery (60%) and electrical equipment (9%).

Hitachi Construction Machinery has acquired 2 companies, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms. Hitachi Construction Machinery has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include distribution (50%) and metals/mining (50%). Hitachi Construction Machinery Co., Ltd. is a construction equipment company focused on manufacturing, sales and service of construction machinery, transportation machinery, and other machines and devices. Hitachi Construction Machinery was formed in 1951 and is based in Tokyo, Japan.

Autonomous Construction Equipment Market Segmentation by Type:

Road Construction
Building Construction
Others

Autonomous Construction Equipment Market Segmentation by Application:

Earth Moving Equipment
Construction Vehicles
Material Handling Equipment
Concrete and Road Construction Equipment

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Regional Autonomous Construction Equipment Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Autonomous Construction Equipment Market Report:

Detailed overview of Autonomous Construction Equipment Market
Changing the Autonomous Construction Equipment market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Autonomous Construction Equipment market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Autonomous Construction Equipment Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Autonomous Construction Equipment Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Autonomous Construction Equipment industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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