Money, Fiance News, Press Release Distribution
Financial News and Press Release Distribution Services

Submit RSS Feed | About US | Contact Us





Home | Personal Finance News | Submit Press Release
Unlimited Press Release Distribution
Press release distribution service

Money News Media
Bankrate
CNBC
CNNMoney
Finacial Times
FOX Business
Moneynews


Money News Now


USNews
Reuters Money
RSS News Feed
Get your news feed listed here as other news media shown above! Submit RSS News Feed

Personal Finance News Releases

Autonomous Construction Equipment Market Trends Include Making Existing Equipment Autonomous

(MoneyNewsWire.Net, June 11, 2021 ) Making existing equipment autonomous is the growing trend in the autonomous construction equipment market. Companies are interested in automation but implementation cost for deployment of technology is high. Therefore, construction companies are planning to rent autonomous machines to stay competitive by using new technology without the potential barriers of high investments. This is mainly avoiding costs associated with purchasing construction equipment. For instance, cost of owning a commercial truck may add up to roughly $8,500 annually according to the statistics. To reduce the overall expenses, they are working on solutions to make their existing equipment autonomous. Built Robotics, is providing a manufacturer-agnostic solution to clients that wants to automate their machine by which customer could make their machinery autonomous without sacrificing manual operating capabilities. With more machines to be likely become autonomous in the future, promising developments are on the horizon.



The autonomous construction equipment market consists of sales of autonomous construction equipment which works on wireless communication technologies, by interfering with radio signals from other equipment, receiving commands and reporting status. The equipment includes hardware retrofit and sensors added to get machine and process feedback, as well as knowledge of position and the surroundings. It assures benefits like improved safety, increased productivity, and reduced unscheduled maintenance. The market consists of revenue generated by the company’s manufacturing autonomous construction equipment by the sales of these products.



Autonomous Construction Equipment Market Report Segments:

1) By Autonomy: Partial/Semi-Autonomous

2) By Product Type: Earth Moving Equipment, Construction Vehicles, Material Handling Equipment, Concrete & Road Construction Equipment

3) By Application: Road Construction, Building Construction, Others



Read More On The Global Autonomous Construction Equipment Market Report:

https://www.thebusinessresearchcompany.com/report/autonomous-construction-equipment-global-market-report



Autonomous Construction Equipment Market Size Forecast:

The global autonomous construction equipment market is expected grow from $9.47 billion in 2020 to $10.52 billion in 2021 at a compound annual growth rate (CAGR) of 11.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $15.13 billion in 2025 at a CAGR of 10%.



Major Players in the Autonomous Construction Equipment Market:

Komatsu Ltd

Caterpillar Inc.

Hitachi Construction Machinery Co., Ltd.

Volvo Construction Equipment

Built Robotics, Inc.

Cyngn

Royal Truck & Equipment

Case Construction Equipment

Deere and Company



Request For A Sample:

https://www.thebusinessresearchcompany.com/sample.aspx?id=3794&type=smp





Autonomous Construction Equipment Global Market Report 2021: COVID 19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, autonomous construction equipment market segments and geographies, autonomous construction equipment market trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.



The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.



Here Is A List Of Reports Similar To The Autonomous Construction Equipment Global Market Report By The Business Research Company:



Construction Machinery Global Market Report 2021: COVID-19 Impact And Recovery To 2030

https://www.thebusinessresearchcompany.com/report/construction-machinery-global-market-report



Construction Global Market Report 2021: COVID-19 Impact And Recovery To 2030

https://www.thebusinessresearchcompany.com/report/construction-global-market-report



Metalworking Machinery Global Market Report 2021: COVID-19 Impact And Recovery To 2030

https://www.thebusinessresearchcompany.com/report/metalworking-machinery-global-market-report-2020-30-covid-19-impact-and-recovery



Interested to know more about The Business Research Company?

Read more about us at

https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx



The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.



Call us now for personal assistance with your purchase:

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293



The Business Research Company

Email: info@tbrc.info

Follow us on LinkedIn: https://bit.ly/3b7850r

Follow us on Twitter: https://bit.ly/3b1rmjS

Check out our Blog: http://blog.tbrc.info/



The Business Research Company

Marketing TBRC

+91 8897263534

Marketing@tbrc.info

Source: EmailWire.Com


Personal Finance News
  • Auto
  • CDs
  • College
  • Credit Cards
  • Insurance
  • Mortgage
  • Mutual Funds
  • Retirement
  • Savings
  • Taxes

  • Money RSS Marketpalce

    Free Finance Magazines Downloads
    Get free publications including magazines, white papers on finance, investments.
    Submit RSS news feed on Finance, Investment.
    Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily.



    Money NewsWire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    Money-NewsWire.Net - Newswire and Press Release service of GroupWeb Media LLC