Construction Robots Market Poised for Robust Growth, forecasted to Expand at 16.8% CAGR from 2023-28
MarkNtel Advisors has released its latest report highlighting strong growth in The Global Construction Robots Market is projected to grow at a CAGR of around 16.8% during the forecast period, i.e., 2023-28, owing to the rising construction of residential, commercial, and public infrastructures.
Report Coverage
This report offers a comprehensive analysis of the Construction Robots Market, providing valuable insights across historical trends, current dynamics, and future forecasts.
- Base Year: 2022
- Forecast Years: 2023-28
- Historical Years: 2018-21
Construction Robots Market Overview
The adoption of construction robots has resulted in the displacement of humans from the construction workforce. Due to increased productivity & quality, robots have contributed significantly to the growth of the industry. These robots are used to perform essential tasks on construction sites, such as positioning, tunneling, and demolishing. Construction robot equipment is used for a variety of purposes in the construction industry, including demolition, 3D printing, brick layering, etc., allowing for the most efficient use of resources in the shortest period.
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Construction Robots Market Segmentation Outlook
The Construction Robots is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Application
- Demolition
- 3D Printing
- Bricklaying
- Others (Material Handling, Surveillance, Masonry, etc.)
By End-User
- Public Infrastructure
- Commercial
- Residential
By Sales Type
- New Sales
- Aftermarket
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Construction Robots Market Trend
Introduction of New Types of Robots for Plastering Purposes in Construction Industries - The introduction of new types of robots for plastering purposes in the construction industry has been one of the latest technology driving the Global Construction Robots market across the globe. The autonomous plastering robot has been able to reduce ergonomic problems and the costs related to the spray plastering of the interior walls. The equipment consists of a ‘robot arm, for spray plastering purposes, and a ‘range-measuring laser scanner’ for positioning and measuring the dimensions of the room, wall, door, and window.
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Top Construction Robots Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies 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 as key players shaping the market landscape.
Construction Robots Market News
- 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.
- 2017: Built Robotics entered into a partnership with a construction giant company ‘Mortenson’ for deploying their first self-driving track loader on their construction sites.
Key Questions Answered in the Report
- What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
- How the industry has been evolving, and which segments would dominate the market during the forecast period?
- What are the key opportunity areas that companies foresee in the coming years 2028?
- Who are the key players in the market, and what are their competitive strengths?
- What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
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