Construction Robots Market size was USD 1,038.6 million in 2022 and is predicted reach USD 3,842.8 million in 2031, exhibiting at CAGR of 17.6% during the forecast period.
The latest report from Construction Robots Market provides an in-depth analysis and comprehensive coverage of revenue projections for the forecast period. It highlights current trends, industry insights, and growth prospects, making it particularly valuable for newcomers to the market. This research report offers detailed analyses of both global and regional markets, shedding light on variations in industry growth across different regions. It examines market status, investment strategies, establishment and utilization trends, and pricing patterns, delivering valuable insights for industry stakeholders.
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Various factors such as reduced labor costs, increased safety due to robotic automation, and rapid urbanization and industrialization are contributing to growth. Global demand for construction robots is expected to increase as more and more construction firms undertake automation initiatives and increase funding for modernizing their construction activities. The increasing need for advanced infrastructure, coupled with the ever-increasing population, is expected to drive the demand for automatic construction solutions. According to a report by Autodesk Inc., around 14,000 buildings need to be constructed daily by 2051 to accommodate the increasing population. The reasons for the shift towards construction robots are smart agility, convenience, and cost-effectiveness.
Major & Emerging Players in Construction Robots Market:
The titled segments and sub-sections of the market are illuminated below:
· ABB Robotics
· Advanced Construction Robotics
· Giant Hydraulic Tech
· TopTec Spezialmaschinen
· Cyberdyne Inc.
· Beijing Borui Intelligent Control Technology
· Boston Dynamics
· Brokk Group
· Hyperion Robotics
· Built Robotics Inc.
· Komatsu
· Fujita
· Autonomous Solutions
· Ekso Bionics
· Husqvarna
· Fastbrick Robotics
· Construction Robotics
· Conjet AB
· DJI
· Kewazo GmbH
· Yingchuang Building Technique (Shanghai) Co. Ltd. (WinSun)
Key Developments in Global Construction Robots Market
In January 2022: FANUC America launched the new M-1000iA robot that can be used for handling very heavy products, including automotive components, construction materials, and others for industrial use. It has a 1,000-kg maximum payload capacity with full articulation.
In Feb 2022: Husqvarna AB will begin a pilot project with Watt Battery in February 2022.
Fastbrick Robotics Ltd.'s Hadrian X robotic machine has begun work on the walls of 16 townhouses as part of the Satterley development.
In April 2022: Fastbrick Robotics Ltd. signed a Memorandum of Understanding with the UAE's Ministry of Energy and Infrastructure on April 20, 2022.
Market Factors Explained in the Construction Robots Market Report:
- Key Strategic Developments: Includes R&D, new product launches, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of leading competitors.
- Key Market Features: Covers revenue, price, capacity, capacity utilization rate, gross production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
- Analytical Tools: Utilizes Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis to analyse the growth of key players in the market.
Segmentation In Our Report:
Product Type Outlook
· On-Site Production Robots
· Pre-Fab Construction Robots
· Autonomous Vehicles
· Inspection Robots In Construction
· Exoskeletons
Function Outlook
· Bricklaying
· 3D Printing & Contour Crafting
· Demolition
· Inspection and Surveillance
· Welding
· Roadwork
· Others
Application Outlook
· Commercial & Industrial Infrastructure
· Residential Buildings
· Nuclear Dismantling And Demolition
· Others
Region Outlook
· North America
o U.S.
o Canada
o Mexico
· Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Benelux
o Rest of Europe
· Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia Pacific
· Latin America
o Brazil
o Rest of Latin America
· Middle East & Africa
o Saudi Arabia
o UAE
o South Africa
o Rest of Middle East & Africa
Strategic Points Covered in Table of Content of Construction Robots Market:
Chapter 1: Introduction, market driving force, product objective of study, and research scope of the Construction Robots market.
Chapter 2: Exclusive summary providing basic information about the Global Construction Robots Market.
Chapter 3: Market dynamics, including drivers, trends, and challenges of the Construction Robots market.
Chapter 4: Analysis of Construction Robots market factors using Porter's Five Forces, supply/value chain, PESTEL analysis, market entropy, and patent/trademark analysis.
Chapter 5: Market segmentation by type, end-user, and region.
Chapter 6: Evaluation of leading manufacturers, including competitive landscape, peer group analysis, BCG matrix, and company profiles.
Chapter 7: Market evaluation by segments, countries, and manufacturers, with revenue share and sales by key countries in various regions.
Chapters 8 & 9: Appendix, methodology, and data sources.
Learn More About the Study:
This report offers a clear perspective on every aspect of the market, providing all the facts about the past, present, and future of the concerned market without the need for other research reports or data sources.
For more information on the Construction Robots Report, visit @ https://www.econmarketresearch.com/industry-report/construction-robots-market/
Managed Construction Robots Market Research Offers:
- Regional level analysis with production, sales, consumption, imports, and exports.
- Basic information for manufacturers, including product category, sales revenue, price, and gross margin (2019-2019).
- Market forecasts for at least 7 years for all mentioned segments.
- Supply chain trends mapping the latest technological advancements.
- Insights into drivers, constraints, opportunities, threats, challenges, and investment opportunities.
- Strategies for new entrants in the managed Construction Robots market.
- Analysis of manufacturing processes, suppliers, prices, production and consumption, transportation modes, cost analysis, and industry chain analysis.
- Company profiling with detailed strategies, financials, and recent developments.
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