Construction robot market CAGR of 14.80% during the forecast timeframe of 2022-2030
Market
Research Future (MRFR) describes the expected industry environment during the
study period and factors that can control the market throughout the forecast
period of 2022-2030 in its most recent research on the global market for
construction robots. During the anticipated period of 2022-2030, The
Construction Robot Market expected to reach a market size of USD 2.80 Billion,
annual growth rate CAGR of 14.80% during the forecast timeframe of 2022-2030.
Novel coronavirus has Construction
Robot Market Size to open new avenues for those firms that
are on the lookout for solutions that are reliable, efficiently managed,
scalable, and are subscription-based, to remain more focused on the core
business. The Construction Robot Market is bearing lesser impact of the
COVID-19 outbreak compared to most other segments of the tech world.
The
growing automation trend in the construction industry is expected to underpin
the construction robot in the assessment period. The increase in automated
construction solution for renovation, commercial construction, and demolition
can boost the expansion of the market across the study period. In addition, the
increase in safety concern for labours in disorganized and threating work
environment is also boosting the adoption of construction robot, which, in
turn, can support the market growth in the years ahead.
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Segmentation:
The
segment evaluation of the construction robot market is done by automation,
function, vertical, and design type.
The
design type-based segment of the construction robot are robotic arm,
exoskeleton, and traditional robot. The rise in popularity of robotic arm
construction robot due to advantages, such as ease of lifting heavy weights and
slashing manual labor, can promote the expansion of the market in the years to
come.
The
automation based segments of the construction robot market are semi-autonomous
and fully autonomous. The high adoption of automated, followed by
semi-autonomous robot can boost the expansion of the construction robot market
through the analysis period.
The
function-based segments of the construction robot market are bricklaying,
demolition, concrete structural erection, 3D printing, doors and windows
installation, finishing work, and others. Increase in scope of 3D printing can
impel the market rise.
The
vertical based segments of the construction robot market are commercial and
residential buildings, public infrastructure, and nuclear dismantling and
demolition among others. Other includes road and tunnel construction. Rise in
building activates can boost the expansion of the market in the assessment
period.
Competitive
Outlook:
Alpine
Sales and Rental (US), CyBe Construction (Netherlands), Cyberdyne (Japan),
nLink (Norway), Komatsu (Japan), Husqvarna (Sweden), Brokk AB (Sweden), Esko
Bionics (U.S.), TopTec Spezialmaschinen GmbH (Germany), Conjet AB (Sweden),
Construction Robotics (U.S.) Autonomous Solutions (US), Fastbrick Robotics
(Australia), Apis Cor (Russia), Yingchuang Building Technique Co. (WinSun)
(China), MX3D (Netherlands), Giant Hydraulic Tech (China), Advanced
Construction Robotics (US), and Beijing Borui Intelligent Control Technology
(China) are some reputed dealers of Construction robots as listed by MRFR.
Regional Analysis:
In
APAC, the growing awareness about Construction robots and its benefits such as
improvement safety, high quality, and rise in productivity can impel the
expansion of the regional market through the review period. The availability of
different type of construction robots that simplifies tasks in the construction
sector can impel the expansion of the APAC market. The rise in the popularity
of 3D-printing robots and launch of innovative prototypes can boost the
expansion of the construction robot market in the North America. In Europe, the
increase in buildings based on 3D models to construct complex design can prompt
the regional market growth.
In
addition, advancements in industrial robotics and the use of implementation on
UAV (unmanned aerial vehicles) across the US construction industry can support
the expansion of the regional market. The feasibility of UAVs in capturing
accurate data for large sites, site surveying, health and safety inspections,
and accessing hazardous zones can support the expansion of construction robot
market in the North America region.
Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Continued….
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List of Tables
Table1 Global
Construction Robot Market: By Country, 2022-2030
Table2 North America:
Construction Robot Market, By Country, 2022-2030
Table3 Europe
Construction Robot Market: By Country, 2022-2030
Continued…
List of Figures
FIGURE 1 Global
Construction Robot Market Segmentation
FIGURE 2 Forecast
Methodology
FIGURE 3 Porter’s Five
Forces Analysis Of Global Construction Robot Market
Continued…
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