Construction Robot Market Trends and Forecast
The future of the global construction robot market looks promising with opportunities in the metallurgical, construction & cement, mining, and emergency rescue markets. The global construction robot market is expected to reach an estimated $3.3 billion by 2030 with a CAGR of 16.8% from 2024 to 2030. The major drivers for this market are growing adoption of advanced technologies in construction and rising need for improved safety and precision in construction tasks.
• Lucintel forecasts that demolition robot is expected to witness higher growth over the forecast period.
• Within this market, metallurgical is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Construction Robot Market
• United States: Boston Dynamics announced the launch of Spot, a robotic dog, for construction site inspections, aiming to improve safety and efficiency. The U.S. government supports automation in construction through the National Institute of Standards and Technology (NIST) grants, promoting advanced robotics research and development.
• Japan: Shimizu Corporation introduced a new robotic system for automated building assembly, targeting a 30% reduction in construction time. The Japanese government’s “Society 5.0” initiative encourages the integration of AI and robotics in construction to address labor shortages and enhance productivity.
• Germany: PERI GmbH announced the successful deployment of the first 3D-printed residential building using robotic arms, emphasizing sustainable construction methods. The German government’s "Industrie 4.0" strategy supports the adoption of robotics in various sectors, including construction, with funding for innovation and technological advancement.
• China: Country Garden Holdings launched the “Construction Robot Development Strategy,” aiming to employ over 1,000 construction robots by 2025. The Chinese government’s “Made in China 2025” plan prioritizes robotics in construction to improve efficiency and reduce reliance on manual labor.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Robot Market by Segment
The study includes a forecast for the global construction robot market by type, application, and region.
Construction Robot Market by Type [Value from 2018 to 2030]:
• Demolition Robots
• Building Robots
• Others
Construction Robot Market by Application [Value from 2018 to 2030]:
• Metallurgical
• Construction & Cement
• Mining
• Emergency Rescue
Construction Robot Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction Robot Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction robot companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction robot companies profiled in this report include-
• Husqvarna
• Conjet
• Toptec Spezialmaschinen
• Giant Hydraulic
• Beijing Borui Intelligent Control Technology
• Alpine
• Cazza
Recent Development in the Construction Robot Market
• Built Robotics: Built Robotics recently announced a new generation of their autonomous construction equipment. The upgraded systems include advanced sensors and AI capabilities, enhancing efficiency and safety on construction sites. Their robots are now equipped to handle more complex tasks, further reducing the need for human labor in hazardous environments.
• Ekso Bionics: Ekso Bionics has introduced the EksoZeroG, an exoskeleton designed to assist construction workers with heavy lifting and repetitive tasks. This development aims to reduce workplace injuries and improve productivity by augmenting human capabilities with robotic assistance.
• Robotics Plus: Robotics Plus has partnered with construction firms to deploy their robotic arm technology for bricklaying and other repetitive tasks. Their robots are designed to work collaboratively with human workers, speeding up construction processes while maintaining high precision and quality.
• FBR (Fastbrick Robotics): FBRÄX%$%Xs latest innovation, the Hadrian X, has completed successful trials in commercial projects. This bricklaying robot can lay bricks with high speed and accuracy, significantly reducing construction times and labor costs. The Hadrian X is set to revolutionize the construction industry by automating one of its most labor-intensive tasks.
• Boston Dynamics: Boston Dynamics has expanded its Spot robot applications to include construction site monitoring and inspection. Equipped with advanced sensors and AI, Spot can navigate complex construction environments, collect data, and provide real-time updates, enhancing site safety and project management.
Features of the Global Construction Robot Market
Market Size Estimates: Construction robot market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction robot market size by type, application, and region in terms of value ($B).
Regional Analysis: Construction robot market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the construction robot market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction robot market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the construction robot market size?
Answer: The global construction robot market is expected to reach an estimated $3.3 billion by 2030.
Q2. What is the growth forecast for construction robot market?
Answer: The global construction robot market is expected to grow with a CAGR of 16.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the construction robot market?
Answer: The major drivers for this market are growing adoption of advanced technologies in construction and rising need for improved safety and precision in construction tasks.
Q4. What are the major segments for construction robot market?
Answer: The future of the construction robot market looks promising with opportunities in the metallurgical, construction & cement, mining, and emergency rescue markets.
Q5. Who are the key construction robot market companies?
Answer: Some of the key construction robot companies are as follows:
• Husqvarna
• Conjet
• Toptec Spezialmaschinen
• Giant Hydraulic
• Beijing Borui Intelligent Control Technology
• Alpine
• Cazza
Q6. Which construction robot market segment will be the largest in future?
Answer: Lucintel forecasts that demolition robot is expected to witness higher growth over the forecast period.
Q7. In construction robot market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the construction robot market by type (demolition robots, building robots, and others), application (metallurgical, construction & cement, mining, and emergency rescue), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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