Autonomous Construction Equipment Market - Top Companies and Manufacturers

  • Report ID: 4818
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Companies Dominating the Autonomous Construction Equipment Market

    • Deere and Company Overview
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Caterpillar Inc.
    • Volvo Construction Equipment
    • Built Robotics Inc.
    • Royal Truck & Equipment Case Construction Equipment
    • Case Construction Equipment
    • Cyngn Inc.

Browse Key Market Insights with Data Illustration:

In the News

  • Royal Truck & Equipment stated to provide an autonomous truck-mounted attenuator (ATMA) truck to the University of Tennessee Centre for Transportation Research for a pilot demonstration. TMA trucks are usually parked behind road construction personnel to shield them from distracted or intoxicated drivers in the case of an accident and remove the need for a human to operate a vehicle.
  • Komatsu Ltd. a manufacturer of global heavy equipment, revealed that the FrontRunner Autonomous Haulage System (AHS) has obtained certification to function on private long-term evolution (LTE) mobile broadband technology. This is the first AHS in the mining sector that can operate on private LTE in commercial operations, paving the door for extremely high system availability.

Author Credits:  Richa Gupta


  • Report ID: 4818
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of autonomous construction equipment is evaluated at USD 24.17 billion.

The autonomous construction equipment market size was valued at USD 20.97 billion in 2024 and is set to exceed USD 203.45 billion by 2037, registering over 19.1% CAGR during the forecast period i.e., between 2025-2037. The growing cases of work-related accidents and increasing environmental awareness will fuel the market growth.

Asia Pacific industry is poised to dominate majority revenue share of 35% by 2037, attributed to development of smart cities in the region.

The major players in the market are Deere and Company Overview, Caterpillar Inc., Volvo Construction Equipment, Built Robotics Inc., Royal Truck & Equipment Case Construction Equipment, Case Construction Equipment, Cyngn Inc.
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