The Business Research Company published its Autonomous Construction Equipment Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Autonomous Construction Equipment market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus. The report covers the autonomous construction equipment market’s segments- by autonomy, partial/semi-autonomous, by product type, earth moving equipment, construction vehicles, material handling equipment, concrete & road construction equipment, and by application, road construction, building construction, others.
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Autonomous Construction Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global autonomous construction equipment market is expected to decline from $9.53 billion in 2019 to $8.46 billion in 2020 at a compound annual growth rate (CAGR) of -11.28%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. manufacturing. The market is then expected to recover and reach $14.05 billion in 2023 at CAGR of 18.45%.
Making existing equipment autonomous is the growing trend in the autonomous construction equipment market. Companies are interested in automation but implementation costs for deployment of such technology is high. Therefore, construction companies are planning to rent autonomous machines - staying competitive by using new technology without the potential barriers of high investments. This is mainly to avoid costs associated with purchasing construction equipment.
Few Points From Table Of Content
1. Executive Summary
2. Autonomous Construction Equipment Market Characteristics
3. Autonomous Construction Equipment Market Size And Growth
4. Autonomous Construction Equipment Market Segmentation
5. Autonomous Construction Equipment Market Regional And Country Analysis
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25. Autonomous Construction Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Autonomous Construction Equipment Market
27. Autonomous Construction Equipment Market Trends And Strategies
28. Autonomous Construction Equipment Market Future Outlook and Potential Analysis
29. Appendix
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Few Points From List Of Table
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Autonomous Construction Equipment Market, Segmentation By Autonomy, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion)
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Table 127: Global Autonomous Construction Equipment Market In 2023- Growth Countries
Table 128: Global Autonomous Construction Equipment Market In 2023- Growth Segments
Table 129: Global Autonomous Construction Equipment Market In 2023- Growth Strategies
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