Autonomous Construction Equipment Market Share

APAC Market Forecasts

Asia Pacific industry is poised to dominate majority revenue share of 35% by 2037. The growth of the market can be attributed majorly to the development of smart cities in the region. For instance, as cities in the region continue to grow, there is a demand for new buildings and infrastructure to accommodate the increasing population, which in turn increases the need for construction equipment such as bulldozers, cranes, and excavators to assist infrastructure projects.. Further, the need for digitization in the construction sector is projected to rise as cities grow. In addition, the region's growing agriculture sector, and rising air pollution, are also anticipated to boost the market growth during the forecast period.

North American Market Statistics

The North America autonomous construction equipment market is estimated to grow significantly during the projection time period. The growth of the market can be attributed to the availability of large companies in the region. Further, several businesses are investing in the study and development of autonomous heavy machinery, which is a fast-growing technology.