The Global Construction Robot Market size was valued at USD 0.69 Billion in 2022 and is projected to reach USD 2.59 Billion by 2030, growing at a CAGR of 15.32% from 2023 to 2030.
Construction Robot Market Overview
Global Construction Robot Market Size, Status, and Forecast 2023-2030. In-depth research accumulated to offer the latest insights about acute features of the global Construction Robot market. This report provides a detailed overview of key factors in the Construction Robot Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Construction Robot in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of the COVID-19/Russia-Ukraine War on the regional economy.
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Market Overview:
The market for building robots is growing because robots are being used to build, fix, and take down commercial buildings. Building happens in a messy area, which could put workers’ health and safety at risk in a number of ways. The construction robot market has many benefits, such as more safety, better quality, and more production. Soon, you’ll be able to buy many different kinds of construction robots. These robots will be able to do a lot of different building tasks, like tearing down structures and digging holes. Using a 3D printing robot to make prototypes of buildings and 3D models of bridges saves time and money and makes it easier for construction companies to build complex designs.
Also, it seems that people who work in the construction industry are choosing more and more to combine 3D printing with industrial robots. As the construction industry tries to be more effective and efficient, more and more self-working bulldozers, loaders, winches, and shovels are being made. Other construction robots, like those used for manual labour and masonry, make the job go faster and better. Building destruction robots are another type of building robot that are becoming more popular as a way to take apart concrete beams from a house when it has reached the end of its useful life.
Some of the key players profiled in the study are
Brokk AB (Sweden), Husqvarna (Sweden), Esko Bionics (U.S.), Komatsu (Japan), Conjet AB (Sweden), TopTec Spezialmaschinen GmbH (Germany), Construction Robotics (U.S.), Fastbrick Robotics (Australia), Autonomous Solutions (US), Apis Cor (Russia), nLink (Norway), and Others.
Construction Robot Market Segmentation:
By Function:
- 3D Printing Robots
- Bricklaying Robots
- Demolition Robots
- Concrete Structural Erection
- Others
By Automation:
- Fully Autonomous
- Semi-Autonomous
- Others
By Application:
- Public Infrastructure
- Commercial Buildings
- Residential
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.
Regional Insights:
Most of the rest of the world’s shares are in North America and Europe.
In North America, the construction robotics market has grown because the United States has a high unemployment rate and not enough skilled workers. Where manual labour used to be a big and very important part of modern construction, technology and robots have been steadily getting better and moving forward. Robots are getting to the point where they can do work on their own, without people doing anything. Because of this, the North American market is likely to move forward.
During the time frame of the forecast, the area is expected to be worth USD 54 million. Before, most of the construction work in the United States was done by people. But the Covid-19 pandemic made it hard for the industry to find workers, which was made worse by policies that tried to keep people from getting close to each other. The situation brought robots into the picture, which helped construction robots grow in the area. Important regional players are also putting out new, innovative robots and forming partnerships to help the region grow. Both of these things are likely to increase demand in the regional market.
There are a lot of new robotics companies in Europe that make construction robots. This will fix the problem caused by manual work and make the industry run better. Right now, there are about 1.2 robots for every 10,000 people who work in construction in the area. This number is much higher than the United States and China, where it is only 0.2 and 0.1, respectively. Things like these drive the European market for construction robots. If the market grows at a CAGR of 14%, it should bring in about USD 52 million by 2030.
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Table of Content of Construction Robot Market:
1: Introduction, market driving force product Objective of Study, and Research Scope of the Global Construction Robot market (2023-2030).
2: Exclusive Summary – the basic information of the Global Construction Robot Market.
3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Global Construction Robot; Post COVID Analysis.
4: Presenting the Global Construction Robot Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
5: Displaying the by Type, End User and Region/Country 2017-2022.
6: Evaluating the leading manufacturers of the Global Construction Robot Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile.
7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2030).
… To be continued
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Key Questions Answered in the Construction Robot Market Report:
- How much was the global Construction Robot market in 2022?
- How much will the global Construction Robot market worth in 2030?
- At what compound annual growth rate will the global Construction Robot market grow?
- Which segment is estimated to lead the Construction Robot market during the forecast period?
- What is the key market driver for the growth of the global Construction Robot market?
A wealth of financial data & business strategy information is provided including:
- Up-to-date company financials, sales & revenue figures.
- Revenue and market forecasts.
- Business model strategies for niche companies.
- A comprehensive explanation of company products, financials & portfolios.
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