Construction Robots Industry Size, Leading Companies Share, Future Growth, Business Prospects, and Analysis Report 2022-2027

November 04 18:10 2022
Construction Robots Industry Size, Leading Companies Share, Future Growth, Business Prospects, and Analysis Report 2022-2027
Construction Robots Market Growth
The global Construction Robots Market is primarily driven by significant growth in the construction industry.

Industry Overview:

Construction robots are employed for material handling activities, such as placing bricks to build walls and transporting materials vertically or horizontally on construction sites. Construction operations are automatically carried out using automated construction equipment or robots. They are used in various applications, such as building and demolishing residential, commercial, and industrial infrastructures. They have reduced or completely removed human intervention from construction activities. These robots are also used in activities like demolition and 3D printing of walls and structures. They offer various advantages, such as ensuring workplace safety, reducing wastage, providing improved precision and, most importantly, being able to perform constructional functions efficiently and effectively while saving time.

Industry Growth:

The global market is majorly driven by increasing construction activities. In line with this, the rising labor costs and growing infrastructure expansion activities are positively influencing the construction robots market growth. Furthermore, adopting these robots provides various benefits, such as increased safety, efficiency, and ease in operating the construction market, thus favoring the market expansion. Apart from this, the escalating demand and usage of automation at construction sites are offering numerous opportunities for the construction robot market. In addition, the widespread adoption of 3D printing worldwide as an alternative to the high cost of skilled labor has led to the minimum wastage of building material in the 3D printing process, thus catalyzing the market globally.

The global construction robots market reached a value of US$ 109.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 275.4 Billion by 2027, exhibiting a CAGR of 16.9% during 2022-2027.

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Industry Demand:

Several advantages, such as improved productivity, quality, and safety, provided by the robotization of construction activities are propelling the product demand. Moreover, rapid urbanization and growing construction robot demand for nuclear dismantling and demolition applications are strengthening the market. Rising government investments in infrastructure development projects, such as roads, highways, and bridge-building, acts as another growth-inducing factor. Additionally, multiple players are focusing on integrating robots with developing technologies, such as Building Information Modeling (BIM) and Computer-Aided Manufacturing (CAM), to scale production, which can result in more affordable and flexible systems, thereby creating a positive outlook for the market.

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Key Players Included in Global Construction Robots Market Report:

  • Brokk AB
  • Husqvarna AB
  • Komatsu Ltd.
  • Ekso Bionics Europe GmbH
  • Fujita Corporation
  • Conjet AB
  • Giant Hydraulic Tech Co. Ltd.
  • Automated Precision Inc.
  • Alpine Sales and Rental Corporation
  • CyBe Construction BV
  • MX3D BV
  • Construction Robotics
  • Fastbrick Robotics Ltd
  • TopTec Spezialmaschinen GmbH

Key Segmentation:

Breakup by Type:

  • Traditional Robots
  • Robotic Arms

Breakup by Automation:

  • Fully Autonomous
  • Semi-Autonomous Segments

Breakup by Function:

  • Demolition
  • Bricklaying
  • 3D Printing
  • Concrete Structural Erection
  • Finishing Work
  • Doors
  • Windows
  • Others

Breakup by Application:

  • Public Infrastructure
  • Commercial and Residential Buildings
  • Nuclear Dismantling and Demolition
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

Key highlights of the report:

  • Market Performance
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Competitive Structure
  • Profiles of Key Players

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