Exploring Construction Robots Market Opportunity, Latest Trends, Demand, and Development By 2028
MarkNtel Advisors recently published a detailed industry analysis of the Global Construction Robots Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Construction Robots Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Construction Robots Market is projected to grow at a CAGR of around 16.8% during the forecast period, i.e., 2023-28,
What are the major Driver the Global Construction Robots industry?
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.
The introduction of this robotic equipment has been able to save time and rate of hallowing in the plasters of the wall as the plastering is done with the help of robotic equipment has reduced the hallowing rate by around 0.7%-1.2% as compared to manual plastering. Thus, the companies such as Hyundai Engineering and Weijian Technology have been developing this type of robotic equipment owing to its growing application in the market.
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What segments define the Global Construction Robots Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
- By Application
- Demolition
- 3D Printing
- Bricklaying
- Others (Material Handling, Surveillance, Masonry, etc.)
According to report, The requirement for construction robots for demolition purposes holds a significant share of the Global Construction Robots market.
- By End-User
- Public Infrastructure
- Commercial
- Residential
According to report, The residential sector accounts for a considerable share of the global construction robots market attributed to the rising construction of residential buildings, apartments, villas, and homes across the globe.
- By Sales Type
- New Sales
- Aftermarket
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Geographical Analysis: Global Construction Robots Market
- By Region
- North America
- South America
- Europe
- Asia-Pacific
- Rest of World
Global Construction Robots Market Share & Competitive Landscape:
The Construction Robots Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Construction Robots Market are:
- 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
Global Construction Robots Industry Recent Development:
- 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.
Questions Addressed in this Study
1.What factors are driving the Global Construction Robots Market growth?
2.How is the Global Construction Robots Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Construction Robots Market ?
4.What is the current size of the Global Construction Robots Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Construction Robots Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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