A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titled Global Construction Robots Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Global Construction Robots Market Definition:
The construction robot is a type of industrial robot utilized in the construction industry for performing various functions such as demolition, 3D printing, brick layering, etc., with the help of integrated sensors, Artificial Intelligence (AI), and Machine Learning (ML). The technologies integrated into the robotics equipment allows the robotic system to recognize the building elements match them to building information modeling (BIM) data in a variety of situations. The construction robot equipment has been able to reduce the risks associated with construction sites by tracking the obstacles with the help of integrated sensors. As a result of their efficiency, improved precision, and time-saving features, construction robots have seen an increase in demand in recent years.
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Global Construction Robots Market Insights:
The Global Construction Robots Market is projected to grow at a CAGR of around 16.8% during the forecast period, i.e., 2023-28
Global Construction Robots Market Key Driver:
Surging Construction of Residential Commercial Buildings - The development of construction robots inbuilt with smart technologies such as AI, sensors, scanners, etc., has reduced the time for construction activities. Thus, construction companies are now inclined toward construction robot equipment for doing activities such as bricklaying, 3D printing, demolition, etc. In addition, the increase in population and surging tourists have led to the growth in the construction of residential buildings and hotels across the globe.
Moreover, the surging investment by the governments for the expansion of public infrastructure such as roads, rail lines, metro, etc. has augmented the demand for construction robots. Hence, the rising construction activities through the expansion of residential commercial buildings and infrastructures across regions would beef up the market of Global Construction Robots during the forecasted period. For instance:
In 2021, Infrastructure Australia (IA) released its infrastructure priority list that included around 44 new infrastructure proposals to expand road social infrastructures.
In 2021, Jin Jiang International opened a hotel in China which is one of the highest hotels in the world- The J Hotel. The hotel features 165 rooms including 34 suites room, 24/7 personal butler service, an indoor swimming pool, and other facilities.
Global Construction Robots Market Leading Key Players:
Brokk Global, Conjet AB, Husqvarna Group, Construction Robotics LLC, Fastbrick Robotics Ltd, Dusty Robotics, Apis Cor, COBOD International AS, Fujita, Ekso Bionics, Autonomous Solutions, TopTec Spezialmaschinen, Built Robotics Inc., DJI, Branch Technology, Others
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Global Construction Robots Market Segmentation:
Based on Application
- Demolition
- 3D Printing
- Bricklaying
- Others (Material Handling, Surveillance, Masonry, etc.)
Based on End-User
- Public Infrastructure
- Commercial
- Residential
Based on Sales Type
- New Sales
- Aftermarket
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Global Construction Robots Market Geographical Analysis
By Region
- North America
- Europe
- Asia-Pacific
- South America
- Middle East Africa
Recent Development of Global Construction Robots Market:
2019: Brokk Global introduced the new Brokk 300 which has around 40% more demolition power than the previous Brokk 280. The product also includes Brokk SmartConcept technology for improved power management and ergonomics.
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