Autonomous Construction Equipment Market - Historic Data (2019-2024), Global Trends 2025, Growth Forecasts 2037
Autonomous Construction Equipment Market in 2025 is estimated at USD 12.04 million. The global market size was worth over USD 11.43 million in 2024 and is expected to see a CAGR exceeding 6.7%, reaching over USD 26.56 million by 2037. Asia Pacific is estimated to generate USD 9.30 million by 2037, owing to significant investments in infrastructure development across the region.
The primary factor for the market expansion is rapid growth of the construction industry across the globe. The expansion of the building and construction industry is closely related to the high demand for autonomous construction equipment. Various types of autonomous construction equipment such as earth-moving equipment, material handling equipment, and other equipment are heavily used in the construction industry. As per the statistics, the global construction industry generated revenue that amounted to almost USD 8 trillion in 2022 and is further expected to further grow and reach USD 17 trillion by 2029, with a CAGR value of 7%.
The global autonomous construction equipment market revenue is impelled by various key advancements in the construction industry. Owing to the preference for reliable, strong, and aesthetic structures across the industrial, commercial, and residential sectors is projected to generate the demand for autonomous construction equipment and aid in market expansion. Furthermore, autonomous construction equipment is in high demand from various end-use industries owing to its ability to hasten the construction process and offer a high level of standardization. In the recent period, many of the industries which require autonomous construction equipment such as automotive, electrical & electronics, and others have received massive investments which are projected to give an impetus to the market size.
