Construction 4.0 Market Trends Witness Growth at a CAGR of 18.2%, to Reach $29.1 Billion by 2027

Construction 4.0 Market Growth, Share, Trends, Competitive Landscape, Regional Analysis With Global Industry Forecast To 2027

PORTLAND, OR, UNITES STATES, October 5, 2021 /EINPresswire.com/ -- Rise in need for automation and employee safety in the construction industry and availability of affordable, energy-efficient technology, such as industrial robots and artificial intelligence, in the construction industry drive the growth of the construction 4.0 market. Increasing adoption of technologies in construction industries, owing to reducing human errors, improving productivity, avoid repetitive work, propels the growth of the market.

Global construction 4.0 market was valued at $9.8 billion in 2019, and is projected to reach $29.1 billion by 2027, registering a CAGR of 18.2% from 2020 to 2027.

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Construction 4.0 Market Competitive Analysis:

Leading market players in global Construction 4.0 Market include:
Advanced Opto-Mechanical Systems and Technologies Inc, ABB Ltd, Autodesk Inc, Mitsubishi Electric Corporation, CalAmp Corporation, Hexagon AB, Hilti Corporation, Topcon Corporation, Trimble, Inc., and Oracle Corporation.

These players have implemented various strategies such as expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to strengthen their position in the industry.

KEY BENEFITS FOR STAKEHOLDERS

This study contains analytical representation of the Construction 4.0 Market trends with present trends and forthcoming estimations to portray the imminent investment pockets.
The report provides overall potential to understand the lucrative trends to gain a stronger base in the Construction 4.0 Market.
The Construction 4.0 Market analysis report offers statistics based on key determinants along with a thorough impact analysis.
The present market forecast is quantitatively examined from 2021 to 2027 to target the financial capability.
Porter’s five forces analysis demonstrates the strength of the consumers and suppliers in the industry.

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Construction 4.0 Market Segmentation:

The report provides an in-depth segmentation of the global Construction 4.0 Market. The major segments in the report are examined on the basis of product, type, end user, and regions.  The report also involves the tables based on wide-ranging analysis of sales, revenue, growth rate, and revenue share of each for the historic period and the forecast period.

By Technology:
IoT
Artificial Intelligence
Industrial Robots
Others

By Applications:
Asset Monitoring
Predictive Maintenance
Fleet Management
Wearables
Others

Construction 4.0 Market Regional Analysis:                                                       

The market is studied across different regions including North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). The report includes competitive landscape in the regions. These insights assist to develop strategies and construct new opportunities to accomplish excellent results.

KEY QUESTIONS ANSWERED IN THE REPORT:

Q1. At what CAGR will the Construction 4.0 Market is expected to expand in between 2021 - 2027?

Q2. What will be the revenue of Global industry by the end of 2027?

Q3. How can I get sample report for Construction 4.0 Market?

Q4. Which factors drive the growth of the global industry?

Q5. Who are the leading players in Construction 4.0 Market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of Construction 4.0 Market?

Q8. What are the major growth strategies of Construction 4.0 Market Players?

Q9. By product, which segment is projected to manifest the highest CAGR during 2021 - 2027?

Q10. By Region, which segment dominated in 2020 and would maintain the lead over the forecast period?

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David Correa
Allied Analytics LLP
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