The Business Research Company’s latest report Autonomous Construction Equipment Global Market Report 2020 covers Autonomous Construction Equipment market drivers, Autonomous Construction Equipment market trends, Autonomous Construction Equipment market segments, Autonomous Construction Equipment market growth rate, Autonomous Construction Equipment market major players, and Autonomous Construction Equipment market size. The report provides in-depth analysis of the impact of COVID-19 on the Autonomous Construction Equipment industry, along with revised market numbers due to the effects of the coronavirus.
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Autonomous Construction Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global autonomous construction equipment market is expected to decline from $9.53 billion in 2019 to $8.46 billion in 2020 at a compound annual growth rate (CAGR) of -11.28%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. manufacturing. The market is then expected to recover and reach $14.05 billion in 2023 at CAGR of 18.45%.
The report covers the Autonomous Construction Equipment market’s 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
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