Drone delivery is the fastest growing segment fueling the growth of the U.S. Heavy Duty Construction Equipment Market
The global U.S. Heavy Duty Construction Equipment Market is estimated to be valued at US$ 79.09 Mn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Heavy duty construction equipment are machines designed for construction work. They include excavators, loaders, cranes, dozers, trucks and pavers. These equipment improve productivity, reduce project duration and ensures safety at construction sites. Market key trends: Drone delivery of construction materials is one of the major trends gaining traction in the heavy duty construction equipment market. Drones reduce delivery time and ensure on-time delivery of materials at difficult to access construction sites. For instance, drones can deliver materials 20 times faster than road transport at smaller construction projects. They eliminate the need for construction of access roads at remote areas, reducing projec...