Construction Robots Market: Global  Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Construction Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1557
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Market Overview:

The global construction robots market size reached US$ 129.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 316.0 Billion by 2028, exhibiting a growth rate (CAGR) of 16.4% during 2023-2028.

Construction robots are employed to execute civil engineering projects and perform essential tasks such as positioning, demolishing and tunneling at a construction site. These robots improve productivity by shortening construction time and reducing the overall operational costs. They also enhance workforce safety and security in hazardous working environments. The implementation of construction robots eliminates errors due to human factors such as laziness, fatigue or lack of attention. Specialized robots can work in dark, congested and airless spaces that can be dangerous for humans.

Global Construction Robots Market Report

The thriving construction industry, coupled with rapid urbanization, is the key factor driving the growth of the market. Additionally, rising construction of megastructures and high-quality infrastructure has enhanced the requirement of construction robots to counter the shortage of skilled labor. Moreover, technological advancements such as the introduction of 3D printing robots in construction projects are also contributing to the market growth. They are used to design models for bridges and prototypes for buildings that simplify the construction of intricate designs to save time and resources. Furthermore, the rising trend of aerial robotics is also expected to drive the market. These robots include devices such as Unmanned Aerial Vehicles (UAV) or drones that are extensively used for safety inspections, site surveying, and accessing hazardous zones. Increasing adoption of exoskeleton equipment that includes wearable mechanical suits to lift heavy material, machinery and supplies is also catalyzing the market growth.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global construction robots market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type, automation, function and application.

Breakup by Type:

  • Traditional Robot
  • Robotic Arm
  • Exoskeleton

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Breakup by Automation:

  • Fully Autonomous
  • Semi-Autonomous
     

Breakup by Function:

  • Demolition
  • Bricklaying
  • 3D Printing
  • Concrete Structural Erection
  • Finishing Work
  • Doors and Windows
  • Others
     

Breakup by Application:

  • Public Infrastructure
  • Commercial and Residential Buildings
  • Nuclear Dismantling and Demolition
  • Others
     

Breakup by Region:

 

 
 

 

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  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the key players being Brokk AB, Husqvarna AB, Komatsu Ltd., Ekso Bionics Europe GmbH, Fujita Corporation, Conjet AB, Giant Hydraulic Tech Co., Ltd., Automated Precision, Inc., Alpine Sales and Rental Corporation, CyBe Construction BV, MX3D BV, Construction Robotics, Fastbrick Robotics Ltd., TopTec Spezialmaschinen GmbH, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Type, Automation, Function, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Brokk AB, Husqvarna AB, Komatsu Ltd., Ekso Bionics Europe GmbH, Fujita Corporation, Conjet AB, Giant Hydraulic Tech Co., Ltd., Automated Precision, Inc., Alpine Sales and Rental Corporation, CyBe Construction BV, MX3D BV, Construction Robotics, Fastbrick Robotics Ltd. and TopTec Spezialmaschinen GmbH
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global construction robots market was valued at US$ 129.7 Billion in 2022.

We expect the global construction robots market to exhibit a CAGR of 16.4% during 2023-2028.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary halt in numerous construction activities, thereby negatively impacting the global market for construction robots.

The emerging popularity of aerial robotics devices, such as Unmanned Aerial Vehicles (UAV) or drones that are used for safety inspections, site surveying, and accessing hazardous zones, is primarily driving the global construction robots market.

Based on the type, the global construction robots market has been segmented into traditional robot, robotic arm, and exoskeleton. Currently, traditional robot holds the majority of the total market share.

Based on the automation, the global construction robots market can be categorized into fully autonomous and semi-autonomous, where semi-autonomous holds the largest market share.

Based on the function, the global construction robots market has been segregated into demolition, bricklaying, 3D printing, concrete structural erection, finishing work, doors and windows, and others. Among these, demolition currently exhibits a clear dominance in the market.

Based on the application, the global construction robots market can be bifurcated into public infrastructure, commercial and residential buildings, nuclear dismantling and demolition, and others. Currently, public infrastructure accounts for the majority of global market share.

On a regional level, the market has been classified into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global construction robots market include Brokk AB, Husqvarna AB, Komatsu Ltd., Ekso Bionics Europe GmbH, Fujita Corporation, Conjet AB, Giant Hydraulic Tech Co., Ltd., Automated Precision, Inc., Alpine Sales and Rental Corporation, CyBe Construction BV, MX3D BV, Construction Robotics, Fastbrick Robotics Ltd., TopTecSpezialmaschinen GmbH, etc.

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Construction Robots Market: Global  Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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