Autonomous cranes are specially designed cranes that can lift and haul objects with minimal effort from the crane operator. They are used to move and lift heavy products and have numerous applications in end-use industries such as industrial sites, construction and infrastructure projects, agriculture, defence, medical, sports, and offshore activities. Autonomous cranes are a hybrid of artificial intelligence (AI) and machine learning (ML), with features such as zoning, internet collision avoidance, and remote configuration. Most crane cycles are handled automatically. The crane operator's primary responsibility is to monitor the process and act only when necessary. The crane's movement can be monitored by the control room operator via the remote-control station.
North America Autonomous Cranes Market Report Scope and Research Methodology:
This report's primary goal is to provide a comprehensive assessment of the North America Autonomous Cranes market, which includes major key stakeholders in the North America Autonomous Cranes industry. The assessment clearly shows the forecasted market size and trends, as well as the North America Autonomous Cranes market's historical and current status. The report includes revenue, market share, production, and sales data for the North America Autonomous Cranes market. In addition, the report discusses North America Autonomous Cranes market segment trends, investment, and technology, as well as the competitive landscape. It also examines regional and market segments, application areas, and market growth strategies. In-depth market segmentation analysis aids in determining current market opportunities, and the North America Autonomous Cranes market's major segments are further subdivided.
The report analyses the North America Autonomous Cranes market qualitatively and quantitatively from 2022 to 2029 to identify the current market opportunity. Porter's five forces analysis highlights the ability of North America Autonomous Cranes industry suppliers and buyers to make profit-oriented business decisions and strengthen their buyer-supplier network. The North America Autonomous Cranes market study provides unique guidance in thoughtful details about development factors, and it was developed using a top-down and bottom-up approach to ensure accuracy and precision. SMR's expert analysts gathered data for the North America Autonomous Cranes market report using extensive primary and secondary research methodologies.
North America Autonomous Cranes Market Overview:
The report goes into great detail about the North America Autonomous Cranes Market's drivers, restraints, technological advancements, product developments, market opportunities, restrictions, growth strategies, market prospects, and forecast period. The report thoroughly examines the North America Autonomous Cranes industry, including key figures such as North America Autonomous Cranes market size, market share, revenue growth, and CAGR from 2021 to 2027.
North America Autonomous Cranes Market Size
was valued at USD 1297 Million in 2021. North America Autonomous Cranes
Market size is estimated to grow at a CAGR of 22.5% over the forecast
period.
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North America Autonomous Cranes Market Drivers:
The growing demand for renewable energy sources such as wind turbines presents numerous opportunities for the market of autonomous mobile cranes. The electric power system in North America is changing as more generations rely on renewable resources. Hydropower, wind power, solar power, and thermal power generation all contribute to operational flexibility through transmission, electricity storage, and flexible operation. Because of their small footprint, they are ideal for construction sites with limited space. High torque harsh terrain cranes with off-road navigation capabilities are in high demand in the construction and mining industries due to their operational efficiency and benefits. These elements contribute to the autonomous crane industry's future growth.
North America Autonomous Cranes Market Segmentation:
Because of the rising demand for mobile crane services in the construction & building sector and mining & excavation industry, the mobile segment is expected to dominate during the forecast period. The flexibility and mobility of the mobile crane category, which accounts for 42% of the market, will drive the mobile crane segment.
The
market is distinguished by the presence of several well-known companies.
These companies have a large market share, a diverse product portfolio,
and a global presence. Furthermore, the market is made up of small to
mid-sized competitors who sell a limited range of products, some of
which are self-publishing companies.
Major market players have a
significant impact because the majority of them have extensive global
networks through which they can reach their massive client bases. Key
market players, particularly in North America and Europe, are focusing
on strategic initiatives such as acquisitions, new collection launches,
and partnerships to drive revenue growth and strengthen their positions
in the global market.
North America Autonomous Cranes Market Key Players:
AlDrivers Ltd
Cargotec Corporation
Columbus McKinnon
Intsite Ltd
Komatsu Ltd
Konecranes Plc
Schneider Electric
Smie
Syracuse
Voca
North America Autonomous Cranes Market Regional Insights:
Major countries in each region are included in the report according to their revenue contribution to the North America Autonomous Cranes market. The study includes a region-wise detailed analysis of the North America Autonomous Cranes market. The regions are:
Key Questions answered in the North America Autonomous Cranes Market Report are:
Key Offerings:
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