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2022 Autonomous Construction Equipment Global Market Analysis And Forecast 2031 | Technologies, Demand, Growth, Research And Players Komatsu Ltd, Caterpillar Inc, Hitachi Construction Machinery Co Ltd, Volvo Construction Equipment, Built Robotics Inc

Autonomous Construction Equipment Market

Autonomous Construction Equipment Market

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The global autonomous construction equipment market report by the business research company identifies a shortage in labor or skilled workforce is driving the Autonomous construction equipment market. Most construction companies are facing heavy equipment operator shortages throughout the world. Manufacturers are more focused on technology such as robotics and automation primarily to combat labor shortages along with finishing up their tasks faster, reducing wastage, and providing high yields with improved quality. Experts believed that one of the best solutions to combat labor shortages is to automate construction equipment, especially in remote areas, for repetitive tasks and in locations with significant labor shortages.

The global autonomous construction equipment market grew from $10.02 billion in 2021 to $11.86 billion in 2022 at a compound annual growth rate (CAGR) of 18.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The autonomous construction equipmen market is expected to grow to $18.53 billion in 2026 at a CAGR of 11.8%.

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Asia-Pacific was the largest region in the autonomous construction equipment market in 2021. Noth America was the second-largest region in the autonomous construction equipment market. The regions covered in the autonomous construction equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in 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, and Deere and Company.

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

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The Autonomous construction equipment Market Report Contents Include
1. Executive Summary
2. Autonomous Construction Equipment Market Characteristics
3. Autonomous Construction Equipment Market Trends And Strategies
4. Autonomous Construction Equipment Market - Macro Economic Scenario
5. Autonomous Construction Equipment Market Size And Growth
.........
28. Key Mergers And Acquisitions In The Autonomous Construction Equipment Market
29. Autonomous Construction Equipment Market Future Outlook And Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the autonomous construction equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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