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

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

November 04

18:13 2022

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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

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Other Reports of IMARC Group:

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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