Summary

The autonomous construction equipment market is projected to grow from USD 4.43 billion in 2024 to USD 9.86 billion by 2030 at a CAGR of 14.3%. The need for automation in farm tractors, particularly in vineyards, enhances precision in tasks like planting, pruning, and harvesting, resulting in improved yield and reduced labor costs. In mining, automation of underground equipment allows for safer operations in remote locations, minimizing risks to workers and increasing productivity by enabling 24/7 operations. In the construction sector, automating both compact and large equipment streamlines workflows, boosts efficiency, and enhances safety by reducing human exposure to potentially hazardous environments. OEMs from agricultural industries like John Deere (US) have introduced See & Spray Ultimate technology. This technology uses 36 cameras mounted on the boom to scan over 2,100 square feet per second. "Semi-Autonomous Construction Equipment segment is expected to be the largest market by Level of Automation." Automation in construction equipment is revolutionizing industries like mining, construction, and agriculture through advanced technologies such as sensors, AI, and high-resolution cameras. Semi-autonomous construction equipment hold the largest market share due to the balance between automation and human control, letting operators manage complicated tasks while providing improved safety, efficiency, and lower labor requirements, all without the limited incremental expenses, skipping the regulatory hurdles that come with full autonomy. Semi-autonomous construction equipment are increasingly transforming construction and mining operations with advanced technology, which enhances safety and operational efficiency. Technologies such as Grade Assist in excavators automate boom and bucket control by Caterpillar, allowing operators to focus on critical tasks and significantly reducing the need for frequent grade checks. Similarly, John Deere's AutoTrac tractor system utilizes GPS and RTK technology for precise guidance along predetermined paths. Loaders benefit from payload management systems that ensure safe handling. Leading OEMs are advancing these technologies to further boost productivity and safety. Hence, the increasing use of several automated features for reducing human control and helping in operation efficiency with cost-competitive pricing will drive the demand for the semi-autonomous construction equipment segment. "Mining equipment are expected to be the promising application of all autonomous construction equipment." The mining industry has increasingly adopted automation across various equipment to enhance operational efficiency and safety, including dump trucks, loaders, excavators, etc. These autonomous systems are utilized for extracting minerals such as coal, gold, copper, and iron ore, focusing on underground mining applications. Countries like Australia have been leaders in adopting autonomous solutions, while Latin American countries such as Colombia and Chile are also integrating these technologies to optimize their mining activities. Major mining companies, including BHP, Rio Tinto, and Vale, have been at the forefront of implementing autonomous solutions driven by the need to improve productivity, ensure worker safety, and address the challenges of operating in remote and hazardous environments. Leading OEMs like Liebherr, AB Volvo, and Sandvik have led this transformation. Sandvik plans to launch the AutoMine Interoperable Access Control System (ACS) in 2024, enhancing productivity by enabling third-party autonomous equipment to operate within its safety zones. "Asia Pacific is Estimated to Fastest Growing Autonomous Construction Equipment Market." The growth of autonomous construction equipment in Asia Pacific is mainly driven by factors such as government initiatives supporting autonomous vehicle deployment and advancements in safety technologies. The Autonomous construction equipment market is witnessing rapid year-on-year growth in the Asia Pacific region, which comprises some of the fastest-developing economies globally, such as China, Japan, Australia, Indonesia, and India, driven by the increasing need for efficiency, safety, and environmental sustainability across key sectors such as mining, construction, and agriculture.The demand for autonomous construction equipment is growing significantly in Asia Pacific is mainly due to several projects undertaken, such as dams, airports, and hydroelectricity, in the past. This provided an opportunity for the penetration of autonomous construction equipment market.Further, The continuously increasing demand for automation in mining equipment in countries such as China, Indonesia, and Australia is also expected to drive the demand for electric autonomous mining equipment in Asia Pacific. Battery electric mining equipment is ideal for incorporating autonomous technology as it is easier for autonomous computing systems to operate battery-electric equipment. Major players, including Komatsu, HD Hyundai, Sany, and Caterpillar, are launching innovative semi & fully autonomous equipment in the Asia Pacific. For instance, products like Komatsu's HD605-7 AC autonomous mining truck and John Deere's autonomous farm tractor are designed to optimize operations and reduce labor costs. Further, recent partnerships, such as the one between Hexagon and BUMA in Indonesia and the development of advanced technologies like Hitachi's Real-Time Digital Twin Platform, are accelerating market growth in this region. As the region's infrastructure development and mining operations expand, the demand for autonomous solutions is expected to rise. The breakup of primary respondents  By Company: OEMs – 70%, Component Manufacturers -30%  By Designation: C-Level Executives - 30%, Director Levels- 60%, Others – 10%  By Region: Europe - 20%, Asia Pacific - 55%, Americas- 25% The autonomous construction equipment market will be dominated by global players, including Deere & Company (US), CNH Industrial (UK), Caterpillar (US, Komatsu Ltd (Japan), Libherr Group (Switzerland), Hitachi Construction Machinery Co., Ltd (Japan), Volvo Construction Equipment (Sweden), Doosan Bobcat (South Korea), Built Robotics (Us), HD Hyundai (South Korea), and Sandvik (Sweden). The study includes an in-depth competitive analysis of these key players in the autonomous construction equipment market with their company profiles, recent developments, and key market strategies. Research Coverage The study's primary objective is to define, describe, and forecast the autonomous construction equipment market by volume and value. The study segments of the Autonomous Construction Equipment Market are by equipment type (Dozers, Dump Trucks, Loaders, Excavators, Haul Trucks, compactors (road roller), and Farm Tractors), power output (<100 HP, 101-250 HP, and >251 HP), propulsion (Diesel and Electric & Hybrid), level of automation (Autonomous and Semi-Autonomous), Application (Construction, Mining, and Agriculture), and region (Americas, Europe, and Asia Pacific). It analyzes the opportunities offered by various market segments to the stakeholders. It tracks and analyzes competitive developments such as market ranking analysis, joint ventures, acquisitions, and other activities by key industry participants. The report provides insights on the following pointers: • Analysis of key drivers (Growth in infrastructure development and mining activities, and rising automation in vineyards), restraints ( high initial investment), opportunities (Advancements in AI and Machine learning), and challenges (Cybersecurity Risks). • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the autonomous construction equipment market. • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the autonomous construction equipment market • Competitive Assessment: In-depth assessment of market share analysis, growth strategies, and product offerings of leading players in the autonomous construction equipment market, such as Deere & Company (US), CNH Industrial (UK), Caterpillar (US, Komatsu Ltd (Japan), Libherr Group (Switzerland), Hitachi Construction Machinery Co., Ltd (Japan), Volvo Construction Equipment (Sweden), Doosan Bobcat (South Korea), Built Robotics (Us), HD Hyundai (South Korea), and Sandvik (Sweden).  The report showcases Qualitative insights on the component (LIDAR, RADAR, GPS, camera/vision system, and ultrasonic sensors) chapter.  The report analyze the pricing analysis, OEM analysis, and key buying criteria of the autonomous construction equipment market.  The report showcases technological developments impacting the market  Analysis of markets concerning individual growth trends, prospects, and contributions to the total market  Detailed OEM analysis for Power Output Vs. Number of Equipment.  Analysis of the supply chain analysis, ecosystem analysis, patent analysis, trade analysis, and case study analysis.

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Table of Contents

1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION 28
1.3 INCLUSIONS AND EXCLUSIONS 30
1.4 STUDY SCOPE 31
1.4.1 YEARS CONSIDERED 31
1.5 UNITS CONSIDERED 32
1.5.1 CURRENCY (VALUE UNIT) 32
1.5.2 VOLUME UNIT 32
1.6 STAKEHOLDERS 33
2 RESEARCH METHODOLOGY 34
2.1 RESEARCH DATA 34
2.1.1 SECONDARY DATA 35
2.1.1.1 Secondary sources referred 36
2.1.1.1.1 Secondary sources referred to for estimating autonomous construction equipment market size 36
2.1.1.2 Key data from secondary sources 37
2.1.2 PRIMARY DATA 37
2.1.2.1 Primary participants 38
2.1.2.2 Breakdown of primary interviews 38
2.1.2.3 Sampling techniques and data collection methods 39
2.2 MARKET SIZE ESTIMATION 39
2.2.1 BOTTOM-UP APPROACH 41
2.2.2 TOP-DOWN APPROACH 42
2.3 DATA TRIANGULATION 43
2.4 RESEARCH ASSUMPTIONS AND ASSOCIATED RISKS 44
2.5 RESEARCH LIMITATIONS 45
3 EXECUTIVE SUMMARY 46
4 PREMIUM INSIGHTS 50
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET 50
4.2 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE 51
4.3 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION 51
4.4 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY LEVEL OF AUTOMATION 52
4.5 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE 52
4.6 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT 53
4.7 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY REGION 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 MARKET DYNAMICS 55
5.2.1 DRIVERS 55
5.2.1.1 Growth in infrastructure development and mining activities 55
5.2.1.2 Expensive labor and rising automation in vineyards 57
5.2.2 RESTRAINTS 58
5.2.2.1 High initial investment 58
5.2.3 OPPORTUNITIES 58
5.2.3.1 Advancements in Al and ML 58
5.2.4 CHALLENGES 60
5.2.4.1 Cybersecurity risks 60
5.2.4.2 Complexity of technological integration 60
5.3 ECOSYSTEM ANALYSIS 62
5.4 SUPPLY CHAIN ANALYSIS 64
5.4.1 OEMS 64
5.4.2 TECHNOLOGY PROVIDERS 65
5.4.3 SENSOR MANUFACTURERS 65
5.4.4 END USERS 65
5.5 KEY STAKEHOLDERS AND BUYING CRITERIA 65
5.5.1 KEY STAKEHOLDERS IN BUYING PROCESS 65
5.5.2 BUYING CRITERIA 66
5.6 IMPACT OF AI/GENERATIVE AI ON AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET 67
5.6.1 IMPACT OF AI/GENERATIVE AI 67
5.7 KEY CONFERENCES AND EVENTS, 2024–2025 68
5.8 TECHNOLOGY ANALYSIS 68
5.8.1 KEY TECHNOLOGIES 69
5.8.1.1 Sensor fusion technology 69
5.8.2 ADJACENT TECHNOLOGIES 69
5.8.2.1 Augmented Reality (AR) 69
5.8.3 COMPLEMENTARY TECHNOLOGIES 69
5.8.3.1 Predictive maintenance technology 69
5.9 INVESTMENT AND FUNDING SCENARIO 70
5.10 PATENT ANALYSIS 71
5.11 TRADE ANALYSIS 74
5.11.1 IMPORT SCENARIO OF AUTONOMOUS CONSTRUCTION EQUIPMENT 74
5.11.2 EXPORT SCENARIO OF AUTONOMOUS CONSTRUCTION EQUIPMENT 76
5.12 CASE STUDY ANALYSIS 78
5.12.1 SAFEAI AND DATASPEED PARTNER ON AUTONOMOUS HAUL TRUCK DEVELOPMENT 78
5.12.2 ENABLING AUTONOMOUS CONSTRUCTION EQUIPMENT WITH PERCEPTION AND LOCALIZATION SOLUTIONS (ADAPTED FROM TATA ELXSI) 79
5.12.3 TATA ELXSI HELPED OPTIMIZE MINING OPERATION WITH AUTONOMOUS HAULING 80
5.13 REGULATORY LANDSCAPE 81
5.13.1 ASIA PACIFIC 81
5.13.2 EUROPE 82
5.13.3 AMERICAS 83
5.14 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 84
5.15 PRICING ANALYSIS 84
5.15.1 INDICATIVE AVERAGE SELLING PRICE RANGE OF AUTONOMOUS CONSTRUCTION EQUIPMENT, BY EQUIPMENT TYPE 85
5.15.2 INDICATIVE AVERAGE SELLING PRICE RANGE OF AUTONOMOUS CONSTRUCTION EQUIPMENT, BY REGION 85
5.16 OEM POWER OUTPUT ANALYSIS 86
5.17 COMPONENTS OF AUTONOMOUS CONSTRUCTION EQUIPMENT 87
5.17.1 LIDAR 88
5.17.2 RADAR 88
5.17.3 GPS 89
5.17.4 CAMERA/VISION SYSTEMS 89
5.17.5 ULTRASONIC SYSTEMS 89
6 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE 90
6.1 INTRODUCTION 91
6.2 DOZERS 94
6.2.1 NEED TO SIGNIFICANTLY IMPROVE PRODUCTIVITY AND OPERATIONAL EFFICIENCY IN CONSTRUCTION AND MINING PROJECTS 94
6.3 DUMP TRUCKS 95
6.3.1 POWERFUL ENGINES COMBINED WITH ROBUST STRUCTURE TO WITHSTAND HARSH OPERATING CONDITIONS 95
6.4 LOADERS 97
6.4.1 FUNCTIONAL VERSATILITY COMBINED WITH SOPHISTICATED AUTOMATION TECHNOLOGIES 97
6.5 EXCAVATORS 98
6.5.1 OPTIMIZED FOR STABILITY AND TRACTION ON VARIOUS TERRAINS 98
6.6 HAUL TRUCKS 100
6.6.1 ESSENTIAL IN INCREASINGLY AUTOMATED MINING INDUSTRY 100
6.7 COMPACTORS 101
6.7.1 ESSENTIAL IN CONSTRUCTION INDUSTRY TO ENHANCE QUALITY AND MINIMIZE HUMAN OVERSIGHT 101
6.8 FARM TRACTORS 103
6.8.1 PARTICULAR DEMAND IN AGRICULTURE, ESPECIALLY VINEYARDS 103
6.9 PRIMARY INSIGHTS 104
 
7 AUTONOMOUS OFF-HIGHWAY VEHICLES MARKET, BY APPLICATION 105
7.1 INTRODUCTION 106
7.2 AUTONOMOUS CONSTRUCTION 108
7.2.1 ASIA PACIFIC’S RAPID URBANIZATION AND TECHNOLOGICAL ADOPTION TO BE FAVORABLE FOR THIS SEGMENT 108
7.3 AUTONOMOUS MINING 109
7.3.1 INITIATIVES BY PROMINENT MINING COMPANIES TO AUTOMATE PROCESSES AND MINIMIZE HUMAN PRESENCE IN HAZARDOUS ENVIRONMENTS 109
7.4 AUTONOMOUS AGRICULTURE 111
7.4.1 LABOR SHORTAGES AND RISE IN OPERATIONAL COSTS TO ENCOURAGE FARMERS TO CHOOSE AUTONOMOUS VEHICLES 111
7.5 PRIMARY INSIGHTS 112
8 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET,
BY LEVEL OF AUTOMATION 113
8.1 INTRODUCTION 114
8.2 FULLY AUTONOMOUS 116
8.2.1 NEED TO REDUCE RISK OF ACCIDENTS AND INJURIES TO HUMAN WORKERS 116
8.3 SEMI-AUTONOMOUS 117
8.3.1 DEMAND FOR INCREASED EFFICIENCY AND PRODUCTIVITY IN CONSTRUCTION AND AGRICULTURE INDUSTRIES 117
8.4 PRIMARY INSIGHTS 119
9 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION 120
9.1 INTRODUCTION 121
9.2 DIESEL 123
9.2.1 HIGH LOAD-CARRYING CAPACITY AND POWER OF DIESEL-POWERED VEHICLES 123
9.3 ELECTRIC & HYBRID 124
9.3.1 ADVANCEMENTS IN BATTERY TECHNOLOGY AND COMPACT CONSTRUCTION 124
9.4 PRIMARY INSIGHTS 126
10 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT 127
10.1 INTRODUCTION 128
10.2 LESS THAN 100 HP 130
10.2.1 INCREASE IN DEMAND FOR COMPACT AND VERSATILE MACHINERY IN URBAN ENVIRONMENTS 130
10.3 100–250 HP 131
10.3.1 DEMAND TO PRIORITIZE EFFICIENCY AND SUSTAINABILITY 131
10.4 251 HP AND ABOVE 133
10.4.1 HIGHER FOCUS ON IMPROVING OPERATIONAL WORKFLOWS TO DRIVE DEMAND FOR POWERFUL AUTONOMOUS VEHICLES 133
10.5 PRIMARY INSIGHTS 134
11 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY REGION 135
11.1 INTRODUCTION 136
11.2 ASIA PACIFIC 138
11.2.1 ASIA PACIFIC: MACROECONOMIC INDICATORS 138
11.2.2 CHINA 143
11.2.2.1 Government investment in technologies for development of new autonomous equipment for construction & agriculture sectors 143
11.2.3 JAPAN 145
11.2.3.1 Declining workforce encourages OEMs to substantially invest in R&D for automation products 145
11.2.4 INDIA 147
11.2.4.1 Gradual growth in demand for semi-autonomous construction equipment with challenging acceptance rates 147
11.2.5 INDONESIA 148
11.2.5.1 Mining sector to be key driver along with government support 148
11.3 EUROPE 150
11.3.1 EUROPE: MACROECONOMIC INDICATORS 150
11.3.2 GERMANY 157
11.3.2.1 Large-scale initiatives including testing of new autonomous trucks and compactors 157
11.3.3 FRANCE 159
11.3.3.1 Investment by prominent players and introduction of new autonomous equipment 159
11.3.4 SPAIN 161
11.3.4.1 Testing and early adoption of autonomous farm tractors 161
11.3.5 UK 162
11.3.5.1 Proactive government support for autonomous technologies and investments from industry leaders 162
11.3.6 ITALY 165
11.3.6.1 Increase in awareness of autonomous construction equipment advantages to offset initial investment challenges 165
11.4 AMERICAS 167
11.4.1 AMERICAS: MACROECONOMIC INDICATORS 167
11.4.2 US 172
11.4.2.1 Well-developed infrastructure with established industry operations 172
11.4.3 CANADA 175
11.4.3.1 Focus on sustainability, along with complex regulatory framework 175
11.4.4 MEXICO 177
11.4.4.1 Push for modernization and investment in infrastructure and construction industry 177
11.4.5 BRAZIL 179
11.4.5.1 Investment in autonomous technologies for better safety and efficiency 179
 
12 COMPETITIVE LANDSCAPE 181
12.1 OVERVIEW 181
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024 181
12.3 MARKET SHARE ANALYSIS, 2023 184
12.4 REVENUE ANALYSIS, 2019–2023 186
12.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 187
12.5.1 STARS 187
12.5.2 EMERGING LEADERS 187
12.5.3 PERVASIVE PLAYERS 188
12.5.4 PARTICIPANTS 188
12.5.5 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET: COMPANY FOOTPRINT 189
12.5.5.1 Company footprint 189
12.5.5.2 Application footprint 190
12.5.5.3 Level of automation footprint 191
12.5.5.4 Regional footprint 192
12.6 COMPANY VALUATION AND FINANCIAL METRICS 193
12.6.1 COMPANY VALUATION 193
12.6.2 FINANCIAL METRICS 193
12.7 BRAND/PRODUCT COMPARISON 194
12.8 COMPETITIVE SCENARIO AND TRENDS 194
12.8.1 PRODUCT LAUNCHES 194
12.8.2 DEALS 198
12.8.3 EXPANSIONS 204
12.8.4 OTHER DEVELOPMENTS 206
13 COMPANY PROFILES 207
13.1 KEY PLAYERS 207
13.1.1 DEERE & COMPANY 207
13.1.1.1 Business overview 207
13.1.1.2 Products offered 209
13.1.1.3 Recent developments 210
13.1.1.3.1 Product launches 210
13.1.1.3.2 Deals 211
13.1.1.4 MnM view 213
13.1.1.4.1 Key strengths/Right to win 213
13.1.1.4.2 Strategic choices 213
13.1.1.4.3 Weaknesses and competitive threats 213
 
13.1.2 CNH INDUSTRIAL 214
13.1.2.1 Business overview 214
13.1.2.2 Products offered 215
13.1.2.3 Recent developments 216
13.1.2.3.1 Product launches 216
13.1.2.3.2 Deals 218
13.1.2.3.3 Other developments 220
13.1.2.4 MnM view 220
13.1.2.4.1 Key strengths/Right to win 220
13.1.2.4.2 Strategic choices 220
13.1.2.4.3 Weaknesses and competitive threats 220
13.1.3 CATERPILLAR 221
13.1.3.1 Business overview 221
13.1.3.2 Products offered 222
13.1.3.3 Recent developments 223
13.1.3.3.1 Product launches 223
13.1.3.3.2 Deals 224
13.1.3.4 MnM view 225
13.1.3.4.1 Key strengths/Right to win 225
13.1.3.4.2 Strategic choices 225
13.1.3.4.3 Weaknesses and competitive threats 225
13.1.4 KOMATSU LTD. 226
13.1.4.1 Business overview 226
13.1.4.2 Products offered 227
13.1.4.3 Recent developments 228
13.1.4.3.1 Product launches 228
13.1.4.3.2 Deals 228
13.1.4.3.3 Other developments 229
13.1.4.4 MnM view 230
13.1.4.4.1 Key strengths/Right to win 230
13.1.4.4.2 Strategic choices 230
13.1.4.4.3 Weaknesses and Competitive Threats 230
13.1.5 LIEBHERR 231
13.1.5.1 Business overview 231
13.1.5.2 Products offered 232
13.1.5.3 Recent developments 233
13.1.5.3.1 Product launches 233
13.1.5.3.2 Deals 234
13.1.5.3.3 Other developments 235
 
13.1.5.4 MnM view 235
13.1.5.4.1 Key strengths/Right to win 235
13.1.5.4.2 Strategic choices 235
13.1.5.4.3 Weaknesses and competitive threats 235
13.1.6 HITACHI CONSTRUCTION MACHINERY CO., LTD. 236
13.1.6.1 Business overview 236
13.1.6.2 Products offered 238
13.1.6.3 Recent developments 238
13.1.6.3.1 Product launches 238
13.1.6.3.2 Deals 239
13.1.6.3.3 Expansions 240
13.1.7 AB VOLVO 241
13.1.7.1 Business overview 241
13.1.7.2 Products offered 242
13.1.7.3 Recent developments 243
13.1.7.3.1 Product launches 243
13.1.7.3.2 Deals 244
13.1.7.3.3 Other developments 244
13.1.8 DOOSAN BOBCAT 245
13.1.8.1 Business overview 245
13.1.8.2 Products offered 246
13.1.8.3 Recent developments 247
13.1.8.3.1 Product launches 247
13.1.8.3.2 Deals 248
13.1.9 BUILT ROBOTICS 249
13.1.9.1 Business overview 249
13.1.9.2 Products offered 249
13.1.9.3 Recent developments 250
13.1.9.3.1 Product launches 250
13.1.9.3.2 Deals 250
13.1.10 HD HYUNDAI 251
13.1.10.1 Business overview 251
13.1.10.2 Products offered 252
13.1.10.3 Recent developments 253
13.1.10.3.1 Product launches 253
13.1.10.3.2 Deals 253
 
13.1.11 SANDVIK 254
13.1.11.1 Business overview 254
13.1.11.2 Products offered 255
13.1.11.3 Recent developments 256
13.1.11.3.1 Product launches 256
13.1.11.3.2 Deals 257
13.1.11.3.3 Expansions 258
13.1.12 HEXAGON AB 259
13.1.12.1 Business overview 259
13.1.12.2 Products offered 261
13.1.12.3 Recent developments 262
13.1.12.3.1 Product launches 262
13.1.12.3.2 Deals 263
13.1.12.3.3 Expansions 264
13.1.13 RAVEN INDUSTRIES INC. 265
13.1.13.1 Business overview 265
13.1.13.2 Products offered 266
13.1.13.3 Recent developments 267
13.1.13.3.1 Product launches 267
13.1.14 OUSTER INC. 268
13.1.14.1 Business overview 268
13.1.14.2 Products offered 269
13.1.14.3 Recent developments 270
13.1.14.3.1 Product launches 270
13.1.14.3.2 Deals 270
13.1.14.3.3 Expansions 271
13.1.15 TRIMBLE INC. 272
13.1.15.1 Business overview 272
13.1.15.2 Products offered 273
13.1.15.2.1 Deals 274
13.2 OTHER PLAYERS 275
13.2.1 TELEO, INC. 275
13.2.2 MONARCH TRACTOR 276
13.2.3 SAFEAI, INC. 277
13.2.4 YANMAR HOLDINGS CO., LTD. 278
13.2.5 KUBOTA CORPORATION 279
13.2.6 SANY GROUP 280
13.2.7 EPIROC HONG KONG LIMITED 281
13.2.8 CLAAS KGAA MBH 282
13.2.9 WIRTGEN AMERICA, INC. 283
13.2.10 LEDDARTECH HOLDINGS INC. 284
14 RECOMMENDATIONS BY MARKETSANDMARKETS 285
14.1 AMERICAS TO DOMINATE AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET 285
14.2 KEY FOCUS AREAS: GROWING PENETRATION OF SEMI-AUTONOMOUS VEHICLES
AND INTEGRATION OF ADVANCED TECHNOLOGIES LIKE AI & FLEET MANAGEMENT SOLUTIONS 285
14.3 CONCLUSION 286
15 APPENDIX 287
15.1 INSIGHTS OF INDUSTRY EXPERTS 287
15.2 DISCUSSION GUIDE 288
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 291
15.4 CUSTOMIZATION OPTIONS 293
15.4.1 AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY REGION, BY TYPE 293
15.4.1.1 Asia Pacific 293
15.4.1.2 Europe 293
15.4.1.3 North America 293
15.4.1.4 Rest of the World 293
15.4.2 AUTONOMOUS FARM TRACTORS MARKET, BY APPLICATION 293
15.4.2.1 Tillage (primary & secondary tillage) 293
15.4.2.2 Seed sowing 293
15.4.2.3 Harvesting 293
15.4.2.4 Other farm applications 293
15.4.3 AUTONOMOUS FARM TRACTORS MARKET, BY POWER OUTPUT 293
15.4.3.1 Less than 100 HP 293
15.4.3.2 100–250 HP 293
15.4.3.3 251 HP and above 293
15.4.4 PRODUCT ANALYSIS 293
15.5 RELATED REPORTS 294
15.6 AUTHOR DETAILS 295