Construction Industry Today

Construction Robots Market Witness Highest Growth AT a CAGR of 16.8% by 2028

Besides, the booming construction industry, combined with rapid industrialization, is a major contributor to market growth. The increasing construction of megastructures & high-quality infrastructure has heightened the need for construction robots to compensate for a skilled labor shortage.
Published 10 September 2024

Introduction

The Global Construction Robots Market is experiencing a dynamic shift, driven by technological advancements, evolving consumer preferences, and changing economic landscapes. This market has become a focal point for stakeholders, including manufacturers, suppliers, and investors, who are keen on exploring growth opportunities in this evolving industry. As businesses strive to adapt to these changes, understanding the market's key drivers, segmentation, and regional dynamics becomes crucial. This blog provides an in-depth analysis of the Construction Robots Market, examining the market overview, dynamics, segment analysis, and regional projections.

Market Overview

The Global Construction Robots Market is projected to grow at a CAGR of around 16.8% during the forecast period, i.e., 2023-28, owing to the rising construction of residential, commercial, and public infrastructures. The adoption of construction robots has resulted in the displacement of humans from the construction workforce. Due to increased productivity & quality, robots have contributed significantly to the growth of the industry.

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Construction Robots Market Dynamics

Several dynamics are shaping the Construction Robots Market. On the demand side, the growing consumer focus on quality and sustainability is driving the need for advanced solutions. On the supply side, market players are intensifying competition by launching innovative products and expanding their geographic presence.

Global Construction Robots Market Key Trend:

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.

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Construction Robots Market Segment Analysis

The Construction Robots Market is segmented based on:

By Application

  • Demolition
  • 3D Printing
  • Bricklaying
  • Others (Material Handling, Surveillance, Masonry, etc.)

By End-User

  • Public Infrastructure
  • Commercial
  • Residential

By Sales Type

  • New Sales
  • Aftermarket

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Construction Robots Market Regional Projection

The Construction Robots Market shows varied growth patterns across different regions:

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Key Players in the Market

Several key players dominate the Construction Robots Market, each striving to capture a larger share through product innovation, strategic partnerships, and expansion. Leading players include:

  • 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.
  • Others

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