Automated construction equipment refers to machines and systems in the construction industry that are equipped with automation and autonomous capabilities to perform tasks typically carried out by human operators. These technologies aim to increase efficiency, productivity, safety, and precision in construction processes.
Automated construction equipment consists of automation technologies such as AI or IOT to perform all the general tasks as would be performed by any other conventional equipment. This equipment can be used for a variety of jobs, such as road construction, building construction, and tower erection. Furthermore, many companies offer automation kits, which can convert ordinary machinery into an automated machine. Moreover, the major user of this equipment is construction industry, be it for manufacturing plant construction or residential construction.
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Increase in private-public partnerships (PPPs) to promote infrastructural development is one of the important driving factors for infrastructural development. Consequently, this results in an increase in construction activities. PPPs have been successfully implemented in various countries, such as South Korea, and India. The boost in PPPs sparked investments through private channels that assist in boosting the infrastructure industry, thereby driving the demand and growth of automated construction equipment market.
Moreover, the remotely operable feature of automated construction equipment can keep workers safe in hazardous work environments. This is anticipated to boost the demand of automated construction equipment over the traditionally used equipment. Automated construction equipment assists in quick completion of work at relatively lower costs. This feature of greater efficiency and productivity of autonomous construction equipment is also boosting the demand for automated construction equipment.
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Major players in the industry are launching new products that have improved capabilities. Manufacturers are focused on improving overall functionality of the products. For instance, in June 2020, Volvo Autonomous Solutions launched a self-driving and electric-powered load carrier called TA15. This load carrier uses sensors such as GPS, lidar, and radar to move autonomously. This is aimed at strengthening product offerings by VOLVO to sustain the competition in automated construction equipment market.
Segmentation Based On:
By Production Type –
Earth Moving Equipment
Material Handling Equipment
Building & Road Construction Equipment
Others
By Application Type –
Road Construction
Building Construction
Excavation
Site Monitoring
Others
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, UK, France, Italy, Rest of Europe)
Asia-Pacific (China, Japan, India, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa)
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