Construction Robot Market to Grow at an Excellent CAGR of 8.7% by 2030

New York – United States

Data Bridge Market Research’s latest report, Construction Robot Market” provides a thorough analysis of growth strategies, drivers, opportunities, key segments, Porter’s Five Forces analysis, and the competitive landscape, offering valuable insights for industry professionals. Construction Robot is the finest market research report, which is the result of a proficient team and their potential capabilities. In this market research report, data collection modules with large sample sizes are used to collect data and perform base year analysis. The market research data included in this report is analyzed and forecasted using market statistical and coherent models. This wide-ranging market analysis report puts light on many aspects related to Construction Robot industry and market. Market definition, market segmentation, competitive analysis, and research methodology are the major topics covered in the Winning Construction Robot business report.

Data Bridge Market Research analyses that global construction robot market is expected to reach the value of USD 731,510.00 thousand by 2030, at a CAGR of 8.7% during the forecast period. The construction robot market report also covers pricing analysis, patent analysis, and technological advancements in depth.

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Construction Robot Market Drivers

  • Increase in Urbanization Across the Globe

Construction robots are automated machines designed to assist with various tasks on construction sites. These robots are equipped with sensors, cameras, and other advanced technologies that enable them to perform bricklaying, concrete pouring, welding, and demolition tasks. Construction robots come in many different forms, from autonomous vehicles that transport materials around the site to aerial drones that can survey the progress of a project from above. They can also be used to perform dangerous or difficult tasks for humans, such as working at heights or in hazardous environments. Construction robots are becoming increasingly popular in the construction industry, as they can help increase productivity, improve safety, and reduce labor costs. Urbanization refers to the growth of urban areas as people migrate from rural areas to cities in search of better opportunities. This rapid urbanization is expected to boost the global construction robot market as the demand for efficient, cost-effective, and safe construction methods increases.

  • Added Productivity and Efficiency by Construction Robot

The construction robot has the potential to significantly reduce the time and costs involved in construction projects. Construction robots are designed to perform repetitive and time-consuming tasks faster and more accurately than human workers. They can work around the clock without getting tired or needing breaks. Construction robots are useful in a variety of construction tasks, including bricklaying, welding, painting, and demolition.

Noteworthy Players Operating at Regional and Global Levels:

  • ABB
  • Husqvarna AB
  • Komatsu Ltd.
  • Fujita Corporation
  • FBR Ltd
  • Conjet
  • Contour Crafting Corporation
  • MX3D
  • CyBe Construction
  • KEWAZO BROKK GLOBAL
  • RobotWorx
  • Built Robotics
  • ICON Technology, Inc.
  • Dusty Robotics
  • MUDBOTS 3D CONCRETE PRINTING, LLC
  • Advanced Construction Robotics, Inc.
  • AI
  • nLink AS
  • Okibo

Recent Development

  • In March 2023, FBR Ltd announced the strategic agreement with UK-based M & G Investment Management company, under which they will manufacture three Hadrian X robots of the newest generation for the U.S. Using the primary Dynamic Stabilization Technology of the company, these robots are made to work outside (DST). Such development helps the company to gain international recognition.
  • In September 2022, Conjet and Doornbos Equipment BV entered into partnership with Doornbos Equipment BV, which acts as a distribution partner for Belgium, Luxembourg, and The Netherlands (BENELUX). Doornbos will take over the dealership from Overmat Industries. Such patnerships help the company to increase its footprint globally

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Global Construction Robot Market Segmentation:

Robot Type

  • Articulated Robots
  • Cartesian Robots
  • Automated Guided Vehicle
  • Exoskeleton
  • Others

Payload Capacity

  • Less Than 500 Kg
  • 500-3000 Kg
  • 3001 Kg & Above

Axis Type

  • 3 Axis
  • 4 Axis
  • 5 Axis
  • Others

Automation

  • Fully Automated
  • Semi-Autonomous

Function

  • Demolition
  • Structural Process
  • Material Handling
  • Finsihing Processes
  • Fabrication & Assembly
  • 3d Printing
  • Quality Inspection
  • Layout
  • Other

Vertical

  • Commercial & Residential Building
  • Energy & Utilities
  • Public Infrastructure
  • Others

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