Global Autonomous Construction Equipment Market

Autonomous Construction Equipment Market Definition

The autonomous construction equipment market consists of sales of autonomous construction equipment by entities (organizations, sole traders and partnerships) that manufacture autonomous construction equipment which works on wireless communication technologies, by communicating with radio signals from other equipment receiving commands. The equipment includes sensors such as lidar and cameras in order to recognize humans and obstacles, and the system also uses geofencing to keep machinery within the construction sites. This type of equipment assures benefits such as improved safety, increased productivity, and reduced unscheduled maintenance. The market consists of revenue generated by the companies that are manufacturing autonomous construction equipment by the sales of these products. Autonomous construction equipment reduces employees’ exposure to hazards and risks associated with operating heavy equipment, such as fatigue-related incidents, sprains and other soft-tissue injuries, and noise and dust exposure. Autonomous construction equipment operates at different levels between 1 and 5 of automation and autonomous operation. Level 1 include limited operation support, level 2 include advanced operation support, level 3 include advanced solo automation, level 4 include advanced collaborative autonomous operation, and level 5 include advanced decision making autonomous operation.

Autonomous Agriculture, Construction, And Mining Machinery Market Definition

The autonomous agriculture, construction, and mining machinery market consists of sales of autonomous agriculture, construction, and mining machinery by entities (organizations, sole traders or partnerships) that are engaged in manufacturing autonomous machinery and vehicles which function with minimal human intervention and work on wireless communication technologies, by communicating with radio signals from other equipment receiving commands. The equipment includes sensors such as Light Detection and Ranging (LiDAR) and cameras to recognize humans and obstacles in order to perform a task autonomously. This type of equipment assures benefits such as improved efficiency and productivity, reduced errors, improved safety, and reduced unscheduled maintenance, as these machines send abnormalities to user through connected devices.

Commercial Fan And Air Purification Equipment Market Definition

The commercial fan and air purification equipment market consists of sales of commercial fan and air purification equipment and related services by entities (organizations, sole traders and partnerships) that produce industrial and commercial fan and air purification equipment such as industrial dust and fume collection equipment, electrostatic precipitation equipment, warm air furnace filters, air washers, and other dust collection equipment, attic fans and industrial and commercial fans and blowers, such as commercial exhaust fans and commercial ventilating fans.

Mining Machinery And Equipment Market Definition

The mining machinery and equipment market consists of the sales of mining machinery and equipment by entities (organizations, sole traders or partnerships) that are engaged in manufacturing mining machinery and equipment, such as underground mining machinery, surface mining machinery, drills and breakers, crushing, pulverizing and screening equipment and mineral processing machinery. Mining machinery and equipment is defined as electrical or diesel-powered heavy-duty machinery or equipment involved in the excavation, transportation, and processing of commodities such as coal, minerals, and metals.

The industrial robots in the warehousing and storage market consist of sales of automated robots, systems that are used in warehouses, and related services. Warehouse and storage robots perform various tasks, automate the warehouse process. Industrial robots in warehousing and storage are used to do tasks such as lifting and arranging heavy products that are to be stored in racks or given spaces. The main product types of industrial robots are mobile robots, articulated robots, cylindrical robots, scara robots, parallel robots, and cartesian robots. A mobile robot is a machine that is operated by software and uses sensors as well as other technology to identify and move about its surroundings. Mobile robots operate by combining artificial intelligence (AI) and physical robotic elements such as wheels, rails, and legs. The functions of industrial robots include pick and place, palletizing and de-palletizing, transportation, and packaging. The various applications involved are e-commerce, automotive, consumer electronics, food and beverage, healthcare, and other applications. The global industrial robots (warehousing and storage robots) market size is expected to grow from $4.65 billion in 2021 to $4.98 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The global warehousing and storage robots market size is expected to grow to $6.55 billion in 2026 at a CAGR of 7.1%. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The increase in the movement of goods is due to the boom in the E-commerce industry and their commitment to shortest-time delivery. Industrial robots are used to speed up the process in the warehouses and storage industry. For instance, Shopify started using warehouse robots in 2019 to reduce the delay in the movement of goods in the warehouse, increasing the speed of the delivery. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The high cost of industrial robots limits the growth of the market. Industrial robots are capital intensive due to the use of the latest technology and sensors to operate efficiently and should withstand the weights. The cost of the setup for a warehouse operation of 50-100 robots costs between $2 million to 4 million which is a high investment. This high cost of robots prevents the easy adoption of industrial robots, limiting the growth of the market. The picking process in the warehouse is increasingly being automated with increased demand in the E-commerce industry, to reduce the pickup time of items. The automated robot gathers items and brings them to a central location, where an employee can fulfill orders fast. For instance, Ocado, a British supermarket started using a grid of picking robots in the warehouse that picks the ordered items and delivers into crates, which are moved onto conveyors and is carried to shelves where an employee picks the crate and delivers the order to the customer helping in delivering the groceries fast. In April 2019, Amazon has acquired Canvas Technology based in Boulder, the USA for an undisclosed amount. The deal adds another important piece to amazon's robotics group portfolio of the fulfillment of center machines. The canvas autonomous cart utilizes 3D imaging and software solutions that can be applied to other hardware. Canvas Technology is an autonomous warehouse robotic start-up. Major players in the industrial robot market are ABB, Amazon, Yaskawa Electric Corp, Honeywell Intelligrated, Omron Corporation, Fetch Robotics, Inc, Fanuc Corp, Bastian Solutions, Yamaha Robotics, and Siemens AG. Asia-Pacific was the largest region in the industrial robots market in 2021. Western-Europe was the second-largest region in the global industrial robots market. The regions covered in the global industrial robots (warehousing and storage robots) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the warehousing and storage industrial robots market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global industrial robots (warehousing and storage) market is segmented - 1) By Product Type: Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots, Parallel Robots, Cartesian Robots 2) By Function: Pick and Place, Palletizing and De-Palletizing, Transportation, Packaging 3) By Application: E-Commerce, Automotive, Consumer Electronics, Food and Beverage, Healthcare, Others

The material handling market consists of sales of material handling machinery by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing material handling machinery and equipment such as jib crane, pallet jack, vertical carousel, and others. Only goods and services traded between entities or sold to end consumers are included. The main types of material handling are automated guided vehicles, automated storage and retrieval systems, trucks and lifts, cranes, pallet racking, conveying systems, hoists, and other types. Pallet racking refers to a single or multi-level storage system that is utilized to support the high stacking of single items or palletized loads. The operations are assembly, distribution, transportation, and other operations. The various end-users involved are food and beverages, automotive, construction, consumer goods and electronics, pharmaceuticals, e-commerce, and other end users. The global material handling market size is expected to grow from $35.18 billion in 2021 to $37.95 billion in 2022 at a compound annual growth rate (CAGR) of 7.9%. The global material handling equipment market size is expected to grow to $56.16 billion in 2026 at a CAGR of 10.3%. The growth of the material handling market witnessed growth owing to a rise in the e-commerce industry. According to the Census Bureau of the US Department of Commerce, retail e-commerce sales in the second quarter of 2020 hit $211.5 billion which is an increase of 31.8% from the first quarter of 2020. The increase in e-commerce is mostly driven by COVID-19 as people preferred shopping online rather than visiting any physical store. Rising e-commerce industry growth boosted the demand for material handling services and with this increase, the industry players in the material handling market are focusing on developing customized equipment and systems such as manufacturing engineered systems, smart warehousing, and remotely tracked transport vehicles. Therefore, the increase in online shopping is expected to drive the material handling market during the period. Safety is one of the major challenges in the material handling market in construction sites. In construction sites, material handling equipment is a major cause of accidents through safety measures are being followed and monitored continuously. Material handling involves diverse operations at the construction sites such as hoisting tons of steel with a crane, driving a truck loaded with bricks and concrete, or operating any other material handling equipment including hydraulic excavators, lifting devices, and conveyor systems and lack of operational experience results in the number of accidents and deaths. For instance, according to a study published by the Saudi Journal of Biological Sciences in August 2020, there were around 25.3% of accidents were caused due to material handling at construction sites of Jeddah city of Saudi Arabia. Lack of safety and inexperienced workers at the construction sites results in more accidents in material handling and this can impact the material handling market negatively. Lithium-ion technology is an emerging trend in the material handling market. Li-ion batteries are environmentally friendly and offer higher energy densities than lead-acid or nickel-metal hydride batteries. It can store more electricity and is mostly preferred for electric vehicles that are used in material handling. Additionally, Lithium-ion batteries are lightweight, charge quickly, and doesn’t require cool-down intervals. For instance, Flux Power Holdings, Inc., a prime developer of advanced Li-ion batteries, launched the LiFT Pack L48 Li-ion battery pack at MODEX 2020. The battery is specifically designed for 3-wheel forklifts which are used in narrow aisle and high-performance warehouses. The battery offers high capacity and also demands minimum maintenance. In April 2019, Daifuku Co. Ltd., a leading provider of material-handling equipment, acquired India-based Vega Conveyors & Automation Private Limited for an undisclosed amount. The acquisition will help Daifuku in setting up the Factory and Distribution Automation (FA&DA) division of its Indian subsidiary and also allow the expansion of manufacturing and distribution business segments within Asia. Vega Conveyors & Automation Pvt. Ltd. is a leader in producing ready, safe, and cost-effective systems in the field of conveying, material handling, and packaging automation across industry segments. Major players in the material handling market are Toyota Industries Corporation, Daifuku Co, Ltd, Beumer Group, Liebherr Group, Dematic Group, Jungheinrich AG, Columbus McKinnon Corporation, Eisenmann AG, Crown Equipment Corporation, and Schaefer Systems International Pvt Ltd. Asia Pacific was the largest region in the material handling market in 2021. Western Europe was the second-largest region in the global material handling market. The regions covered in the global material handling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the material handling market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global material handling market is segmented - 1) By Type: Automated Guided Vehicles, Automated Storage and Retrieval Systems, Trucks and Lifts, Cranes, Pallet Racking, Conveying Systems, Hoists, Others 2) By Operation: Assembly, Distribution, Transportation, Others 3) By End-User: Food and Beverages, Automotive, Construction, Consumer Goods and Electronics, Pharmaceuticals, E-Commerce, Others

The farm machinery and equipment market consist of sales of farm machinery and equipment by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing agricultural and farm machinery and equipment, and other turfs and grounds care equipment, including planting, harvesting, and grass mowing equipment (except lawn and garden-type). Only goods and services traded between entities or sold to end consumers are included. The main types of farm machinery and equipment are cultivator, rotator, chisel plow, harvester, roller, field sprayer and spreader, irrigation system, livestock equipment, tractors, and other types. Chisel plow refers to a soil tillage device pulled by a tractor or animal, used to break up and stir soil a foot or more beneath the surface without turning it. The capacities are small, medium, large. The operation is manual, semi-autonomous, and fully autonomous. The various applications involved are spraying, water supply and conservation, cultivation, harvesting, seeding, weeding, livestock farming, and other applications. The global farm machinery and equipment market size is expected to grow from $194.91 billion in 2021 to $215.45 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The global farm equipment market size is expected to grow to $308.66 billion in 2026 at a CAGR of 9.4%. The integration of Internet of Things (IoT) applications in farm equipment is expected to drive the market of farm machinery and equipment. The world's population will surpass 9 billion people by 2050. Farmers need access to better instruments and practices that will help them to deliver more agricultural products in less time. Farmers need to adopt new and modern technologies to produce food for the ever-expanding population. For instance, the utilization of a smart greenhouse that operates with the help of IoT enables monitoring and controlling of climate without human intervention. The IoT sensors in the smart greenhouse provide information on the light levels, pressure, humidity, and temperature and also control the actuators automatically to open a window, turn on lights, control a heater, turn on a mister, or turn on a fan. Therefore, IoT help increase production with reduced labor and drives the farm machinery and equipment market. Eco-friendly electric tractors are likely to be an emerging trend in the farm machinery and equipment market. Eco-friendly tractors operate through electronic batteries that can be recharged simply by plugging them into a standard socket and don’t require any kind of fuel that creates air pollution. There are also many tractors where farmers can install wind or solar power to produce electricity to charge the tractor’s batteries. For instance, in India, in March 2020, a startup company Celestial E-Mobility launched an electric tractor, which is not only eco-friendly and cost-effective but also gives the same power as that of its diesel counterpart and is available cheaper than diesel tractors. The zero-emission tractor features battery swapping, regenerative braking, and also helps to power an UPS. In October 2020, Escorts, an Indian multinational conglomerate that operates in the sectors of agricultural machinery, construction machinery, material handling, and railway equipment acquired a 40 % stake in Kubota agricultural machinery for an undisclosed amount. This acquisition will raise Kubota’s stake in the Indian company to 14.99% from 9.09%, Escorts. Kubota is an India-based agricultural machinery manufacturer. Major players in the farm machinery and equipment market are AGCO Corporation, CLAAS KGaA mbH, CNH Industrial N.V, Escorts Group, ISEKI & Co. Ltd, John Deere (Deere & Company), Kubota Corporation, Mahindra & Mahindra Limited, Same Deutz-Fahr Group S.p.A. (SDF), and Valmont Industries Inc. Asia Pacific was the largest region in the farm machinery and equipment market in 2021. North America was the second largest region in the global farm machinery and equipment market. The regions covered in the global farm machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the farm machinery and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global farm machinery and equipment market is segmented - 1) By Type: Cultivator, Rotator, Chisel Plow, Harvester, Roller, Field Sprayer and Spreader, Irrigation System, Livestock Equipment, Tractors, Others 2) By Capacity: Small, Medium, Large 3) By Operation: Manual, Semi-Autonomous, Fully-Autonomous 4) By Application: Spraying, Water Supply and Conservation, Cultivation, Harvesting, Seeding, Weeding, Livestock Farming, Others

The heat pumps market consists of sales of heat pumps by entities (organizations, sole traders, and partnerships) that produce heat pumps that move heat from a cool space to a warm space, making the cool space cooler and the warm space warmer. Only goods and services traded between entities or sold to end consumers are included. The main product types of heat pumps are air source, air-to-air, air-to-water, water source, and ground source. Ground source heat pumps are highly effective space heating and cooling technologies that is extracting heat from the ground. The rated capacity is up to 10 kW, 10–20 kW, 20–30 kW, and above 30 kW. The various end-users involved are residential, commercial, and industrial. The global heat pumps market size is expected to grow from $111.22 billion in 2021 to $119.56 billion in 2022 at a compound annual growth rate (CAGR) of 7.5%. The global heat pump market size is expected to grow to $165.26 billion in 2026 at a CAGR of 8.4%. Government regulations and policies to improve energy efficiency are boosting the demand for renewable energy sources, thereby contributing to the growth of the heat pumps market. Heat pumps offer a low carbon footprint, minimal installation time, and reduce energy consumption in household and industrial applications. Energy efficiency has tremendous potential to boost economic growth and reduce greenhouse gas emissions. The government of various countries is adopting energy conservation policies. For instance, the UK government formed an Energy Efficiency Office embracing various departments to monitor, coordinate, and develop energy conservation policies. Moreover, in the USA, all industries consuming more than one million GJ/A (100) are required to report their energy conservation and consumption efforts to the Department of Energy for seeking guidance on greater efficiency of energy use. Therefore, growing efforts to reduce energy usage are likely to propel the demand for energy-efficient products including heat pumps. The coronavirus outbreak restricted the growth of the heat pumps market. Governments across the world imposed restrictions on the movement of people, resulting in supply chain disruptions. COVID-19 lockdowns forced many industries to shut down or operate with minimum capacity, hampering the revenues of various industries including the HVAC (heating, ventilation, and air conditioning) industry. For instance, Lennox International Inc., a US-based provider of climate control products for air conditioning, heating, ventilation, and refrigeration, depends heavily on a complex global supply chain. The company has manufacturing facilities in Georgia, Arkansas, Mississippi, and South Carolina, and the company’s network includes local and regional distribution stores and centers. The company is also engaged in selling products through contractors and dealers, therefore COVID-19 lockdown restrictions have impacted Lennox’s ability to deliver its products to the customers, thus restraining the market growth of the heat pumps during the period. Major companies operating in the heat pumps industry are focusing on developing new technology for cost-effective heating, which is likely to gain popularity in the heat pumps market. The heat pump manufacturers are developing new pump technology including contractor-friendly designs, higher efficiencies, and innovative two-stage compressors that run at lower speeds, consume less energy, and are cost-effective. For instance, in July 2020, Daikin Industries, Ltd. announced the launch of Daikin SmartSource, Dedicated Outdoor Air System (DOAS). It is a next-generation heat pump technology that allows efficient and cost-effective cooling and heating in all conditions achieves 49% higher efficiency than other heat pumps. In March 2020, NIBE Industrier AB (NIBE Group), a Sweden-based provider of energy-efficient solutions for homes, acquired WATERKOTTE GmbH for an undisclosed amount. The acquisition of WATERKOTTE GmbH is expected to help NIBE Industrier AB to strengthen its position in the European heat pump market, especially in Germany. Furthermore, WATERKOTTE GmbH will also provide the company with access to handling large projects and heat pumps with higher capacity. WATERKOTTE GmbH is a German-based company engaged in manufacturing and selling advanced heat pumps and integrated sustainable energy solutions for single-family homes and commercial applications. Major players in the heat pumps market are Daikin Industries Ltd, Carrier, NIBE, Mitsubishi Electric Corporation, LG, Johnson Controls, Hitachi, Robert Bosch GmbH, Stiebel Eltron, and Ingersoll Rand. Asia Pacific was the largest region in the heat pumps market in 2021. North America was the second largest region in the global heat pump market. The regions covered in the global heat pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the heat pumps market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global heat pumps market is segmented - 1) By Product Type: Air Source, Air-to-Air, Air-to-Water, Water Source, Ground Source 2) By Rated Capacity: Up to 10 kW, 10–20 kW, 20–30 kW, Above 30 kW 3) By End-User: Residential, Commercial, Industrial