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The global construction robots market was valued at US$ 109.9 Billion in 2021.
We expect the global construction robots market to exhibit a CAGR of 16.9% during 2022-2027.
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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