Construction Robots Market Forecasts to 2028 – Global Analysis By Product (Stone Spraying Robots, Plastering Robots), Application (Building, Heavy Construction), End Users (Industrial, Residential), and By Geography
According to Stratistics MRC, the Global Construction Robots Market is accounted for $98.99 million in 2020 and is expected to reach $395.42 million by 2028 growing at a CAGR of 18.9% during the forecast period. Some of the key factors propelling the market growth include growing urbanization worldwide, stringent government regulations for worker's safety, high demand for offices, manufacturing facilities, recreation spaces, and hotels, increased demand for higher use of construction equipment, and enhanced productivity, quality, and safety due to the implementation of construction robots. However, high equipment and setup costs may restrain the market growth.
Construction robots are professional service robots currently used in the construction. Construction robots prove their worth by providing major operational cost-savings through increased uptime and decreased labour costs. It refers to construction operations that are automatically carried out by using automated construction equipment or construction robots. It is used in applications such as building and demolishing of residential, commercial, and industrial infrastructures. This robotics has reduced or completely removed human intervention from construction activities. Construction robots are used in activities such as demolition of structures as well as 3D printing of walls & structures. In addition, construction robots can be used for material handling activities such as placing bricks to build wall and transportation of building material vertically or horizontally on construction site.
By application, the nuclear dismantling and demolition segment is anticipated to grow at the significant rate during the forecast period. The high growing needs for eliminating the presence of human operators in hazardous areas and shielding them from the radiation in nuclear-decommissioning attribute to the high growth of the market for nuclear dismantling and demolition. Also, the construction robots players have incorporated many features in the demolition robots, which provide easy access, promote safety, and increase efficiency in confined-spaces, making it advantageous over the handheld breakers or other substitutes used for demolition purposes.
On the basis of geography, the market in Asia pacific is expected to grow at the significant rate during the forecast period, due to the adoption of automation in mining and construction industries in countries like Australia, China, India, Malaysia, and Vietnam. APAC has abundant natural reserves distributed among various countries. With growing urbanization and wide availability of natural resources throughout the region, the mining and construction companies have started using automated equipment, operating software, and communications system to connect and operate on-site. Also, the presence of a large number of robotic manufacturing companies in China and Japan and a high growth rate of the market for 3D printers for advanced construction, are driving the growth of the construction robot market in APAC.
Some of the key players in Construction Robots Market include Construction Robotics LLC, Advanced Construction Robotics, Inc., COBOD International AS, Brokk AB, Ekso Bionics, Conjet AB, Komatsu Ltd., Husqvarna AB, Cyberdyne, Inc., Alpine Sales & Rental Corp., Fujita Corporation, Autonomous Solutions, Inc. (ASI), Fastbrick Robotics Ltd., Beijing Borui Intelligent Control Technology Co. Ltd., Giant Hydraulic Tech Co., Ltd., and TopTec Spezialmaschinen.
Estimated Market Size in 2020:
USD 98.99 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 395.42 million
Tables, Graphs & Figures
Product, Automation, Type, Payload Size, Function, Component, Configuration, Application, Sales Type, End User and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Stone Spraying Robots
• Brick Robots
• Spray Robots
• Plastering Robots
• Delta Robots
• Cylindrical Robots
• Cartesian Robots
• Humanoid Robots
• Articulated Robots
• Selective Compliance Assembly Robot Arm (SCARA)
• Spherical Robots
• Gantry Robots
• Self Driving Vehicles
• Semi-Autonomous Construction Robots
• Fully Autonomous Construction Robots
• Robotic Arm
• Traditional Robot
• Wearable Robots
• Other Types (Masonry)
Payload Sizes Covered:
• More Than 15Kg
• Upto 5Kg
• Bricklaying Robot
• Concrete Structural Erection
• Doors and Windows Installation
• Demolition Robot
• Finishing Work
• 3D Printing and Contour Crafting Robot
• Building Robots
• Welding Robot
• Inspection Robot
• Roadwork Robots
• Other Functions
• Robot Tooling
• Robot Controller Unit
• Sensor Devices
• Collaborative Robot (Cobot)
• Building Construction
• Public Infrastructure
• Nuclear Dismantling and Demolition
• Heavy/Civil Construction
• Material Handling
• Bridge Construction
• High-Risk Work
• Autonomous Construction Vehicles and Equipment
• Other Applications
Sales Types Covered:
• New Sales
End Users Covered:
• Residential/Home Use
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Construction Robots Market is majorly driven by rising construction industry worldwide, increasing urbanization worldwide, growth in skyscrapers, and adoption of construction vehicles like tractors, cranes, bulldozers, and excavators.
The exoskeleton segment is growing at a highest CAGR owing to the fact that most of the construction companies are anticipated to adopt exoskeletons for their workers to address the issue of labor shortage.
Europe dominated with a significant market share due to growing number of government regulations, high rate of industrialization, and rising need for the residential and non-residential construction projects.
Asia Pacific market is growing at a highest CAGR owing to the growth of construction activities, changing lifestyle and economic conditions, presence of a large number of robotic manufacturing companies and growth of the smart cities.
Key players in Construction Robots Market include Construction Robotics LLC, Advanced Construction Robotics, Inc., COBOD International AS, Brokk AB, Ekso Bionics, Conjet AB, Komatsu Ltd., Husqvarna AB, Cyberdyne, Inc., Alpine Sales & Rental Corp., Fujita Corporation, Autonomous Solutions, Inc. (ASI), Fastbrick Robotics Ltd., Beijing Borui Intelligent Control Technology Co. Ltd., Giant Hydraulic Tech Co., Ltd., and TopTec Spezialmaschinen.
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