Europe Autonomous Construction Equipment Market Size & Outlook
The autonomous construction equipment market in Europe is expected to reach a projected revenue of US$ 5,617.5 million by 2030. A compound annual growth rate of 8.7% is expected of Europe autonomous construction equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,131.0
Forecast, 2030 (US$M)
$5,617.5
CAGR, 2024 - 2030
8.7%
Report Coverage
Europe
Europe autonomous construction equipment market, 2018-2030 (US$M)
Related Markets
Europe autonomous construction equipment market highlights
- The Europe autonomous construction equipment market generated a revenue of USD 3,131.0 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, semi-autonomous was the largest revenue generating autonomy in 2023.
- Semi-Autonomous is the most lucrative autonomy segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 3,131.0 million |
| Market revenue in 2030 | USD 5,617.5 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Semi-autonomous |
| Fastest growing segment | Semi-Autonomous |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Semi-Autonomous |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.6% of the global autonomous construction equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 2,852.7 million by 2030.
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Autonomous Construction Equipment Market Scope
Autonomous construction equipment market segmentation & scope
Type
Earth Moving Equipment
Construction Vehicles
Material Handling Equipment
Concrete and Road Construction Equipment
Application
Road Construction
Building Construction
Others
Countries
Canada
Mexico
U.S.
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Autonomous Construction Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe autonomous construction equipment market
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