The autonomous construction equipment market is projected to grow from USD 4.40 billion in 2024 to USD 9.77 billion by 2030 at a CAGR of 14.2%. Rising focus on advancement in equipment from the OEM side and increasing adoption of automated machinery in the mining & construction segment for operational efficiency and safety to drive the market.
The advancement in AI and machine learning for implementing autonomous technologies in construction equipment is expected to create an opportunity for companies specializing in autonomous construction equipment manufacturing, software development for navigation and control systems, sensor technology, and integrated solutions for fleet management and data analytics. Currently, construction equipment’s predominantly operate at Levels 1 and 3 of automation, with some OEMs advancing toward Level 4 autonomy in specific use cases. As the level of automation moves towards Level 4 and above, the demand for AI and machine learning will increase to implement autonomous technology in retrofitting.
Autonomous Farm Tractors accounted for the largest market share of all equipment types.
Farm tractors for vineyards are typically smaller in size and designed with higher ground clearance to navigate narrow rows and avoid damaging the vines. This design allows precise operations such as spraying, pruning, and harvesting, enhancing vineyard productivity. Regions with higher demand for these specialized tractors include parts of Europe, particularly France and Italy, and California in the United States, where viticulture is a key agricultural activity. Autonomous tractors are needed in vineyards to address labor shortages, reduce costs, and ensure precise, consistent operations, such as spraying, pruning, and harvesting, which are critical for maintaining crop quality in narrow, challenging terrains. Thus major OEMs like John Deere, Case IH, and New Holland are actively developing these technologies, with applications extending to vineyards and large-scale farms, positively impacting the autonomous farm tractor market.
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Autonomous Equipment in the Mining industry are expected to grow at the fastest growth rate during the forecast year.
The mining industry is growing in the Americas and some parts of Asia Pacific, such as Australia and Indonesia. With the growing mining activities in this region, there is demand for autonomous mining equipment such as automated haulage systems, loaders, excavators, surface mining equipment, and underground mining equipment to enhance safety, address labor shortages, and improve efficiency, allowing continuous, precise, and cost-effective operations in challenging and remote mining environments. Further, OEMs’ partnerships with industry giants support the adoption of autonomous mining equipment. For instance, in September 2024, Sandvik’s contract with BHP for additional underground continuous mining systems and the expansion of its Surrey facility. Also in November 2023, ETH Zurich researchers deployed an autonomous excavator, HEAP, to build a six-meter-high and sixty-five-meter-long dry-stone wall. Autonomous mining equipment enhances safety by reducing human exposure to hazardous conditions and improves efficiency by enabling continuous, precise, and cost-effective operations, leading to higher productivity and lower operational costs. Thus, such strategic partnerships, technological innovations, and successful deployments underscore the rapid advancement and expanding market potential of autonomous mining equipment growth across the Americas and Asia Pacific region.
Electric autonomous construction equipment are expected to grow at the fastest growth rate during the forecast year.
Autonomous construction equipment with different propulsions are gaining significant market share in 2024. The electric & hybrid autonomous equipment demand is driven by technological advancements and increasing demand for efficiency and sustainability across various industries, particularly construction, mining, and agriculture. Electric autonomous construction equipment rely on high-capacity batteries that provide longer operational hours, enabling efficient performance in remote areas. Key equipment under electrification includes excavators, loaders, and haul trucks, with power outputs typically ranging from 100 kW to over 600 kW, depending on the application and required operational intensity. OEMs such as Liebherr, AB Volvo, Doosan BOBCAT, and others offer various autonomous construction equipment models with different propulsion. For instance, Volvo’s CX01 (Single-Drum Asphalt Compactor) comes with diesel, hybrid & electric propulsion. Meanwhile, Liebherr R 9600 (Excavator) comes in diesel and electric propulsion.
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