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“The Construction Robot Market Registered US$ XX Bn in 2019 and it is Estimated to Reach More than US$ 500 Bn by 2028, Likely to experience a CAGR of 10.1% During the Forecast Period.”
The construction industry is embracing automation for commercial, renovation, and demolition that's leading the expansion of construction robots. Construction activities during a disorganization environment and may pose various threats to workers. Construction robots offer various advantages like improvement in safety, quality, and productivity. These construction robots are able to force an entry in the development market to perform various construction-related activities and tasks. A 3D-printing robot is employed for designing prototypes for building 3D models for bridges that simplifies the development of complex design structure and allows construction companies to save lots of time and costs.
The thriving housing industry, along with rapid urbanization, is driving the expansion of the construction of the robot market. Furthermore, the growing construction of mega-structures and high-quality infrastructure has increased the need for construction robots to counter the shortfall of skillful labor. Moreover, technological advancements like the introduction of 3D printing robots in construction projects also are contributing to the market growth. Construction robot market design models for bridges and prototypes for buildings that simplify the development of intricate designs to save lots of time and resources.
Furthermore, the rising trend of aerial robotics is additionally expected to drive the market. These robots include devices like Unmanned Aerial Vehicles (UAV) or drones that are extensively used for safety inspections, site surveying, and accessing hazardous zones. Growing adoption of skeleton instrumentation that has robot-like suits to lift heavy machinery, material, is increasing the market growth.
By Function, Demolition Robots is projected to have the Highest Share in the Global Construction Robot Market.
Demolition robots generated a big part of the revenue within the global construction robot market in 2019. The growing number of building renovation activities in Europe and therefore the US is one of the main factors driving the demand for demolition robots since they eliminate the labor-intensive activities involved within the demolition process to an extent.
By Type, Cartesian Robots is anticipated to Expand at the Highest CAGR during the Forecast Period
Most of the 3D-printing robots are cartesian robots or delta robots and as of 2019, the development industry is witnessing a growing number of cartesian and delta robots thanks to the growing adoption of 3D printing within the industry. The construction robots market is expected to witness a growing demand for humanoid robots (most of them in prototype phase as of 2019), that will replace workers in construction sites and helps construction organization to fill the gap thanks to a shortage of workers
North America Held Key Share In Global Construction Robot Market In 2019
By geography, the development Robot market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Currently, the Asia-Pacific region is leading the worldwide construction robot market due to the implementation of automation in the construction and mining industries in Vietnam, Australia, India, China, and Malaysia. Japan is understood to be a pioneer region within the application of robots because it has been implementing robots in construction activities since the 1980s.
Whereas, the construction robot market is predicted to proliferate thanks to the increasing demand for construction and demolition robots in various facilities. Also, there's an expanding number of state regulations and growth in residential and non-residential construction projects, which is leading the development market to expand exponentially.
The global Construction Robot market is very competitive with the presence of a large number of global and local/regional manufacturers. Key industry players such as TopTec Spezialmaschinen GmbH, Brokk AB, Construction Robotics, Alpine Sales and Rental, Ekso Bionics, Borui Intelligent Control Technology, Fujita, Komatsu, Fastbrick Robotics, Giant Hydraulic Tech, Autonomous Solutions, Yingchuang Building Technique Co. (WinSun), and Beijing, among others.
- Fully Autonomous Robots
- Semi-autonomous Robots
- 3D-printing Robots
- Demolition Robots
- Bricklaying Robots
- Cartesian Robots
- Cylindrical Robots
- Spherical Robots
- Humanoid Robot
- Delta Robots
- Commercial Buildings
- Residential Buildings
- Public Infrastructure
- North America
- Asia- Pacific
- Middle East and Africa
- Latin America