Semiconductor and Electronics Construction Robot Market is projected to grow up to 17.2% CAGR during the forecasting per...

Construction Robot Market is projected to grow up to 17.2% CAGR during the forecasting period 2021-2027.

Construction is one of the least automated businesses, as it relies heavily on manual labour as a primary source of output. Robots can play an essential role in the life cycle of a building, whether it be new commercial construction, destruction, or renovation. With the advent of construction robots, the construction industry, which is mostly unautomated, could see a significant impact. Construction robot demand is expected to progressively increase in the near future, as construction businesses seek to automate more and more operations in order to boost efficiency and production. Production in the construction industry is mostly reliant on manual labour. Because construction operations are particularly difficult to automate, the industry uses few robots. Robots are being employed in the construction industry for the construction of new buildings, attaching, coating, covering, destroying, and inspecting, thanks to the advancement of automation technology. Construction robots are most commonly utilised in situations when job procedures are repeated. It's utilised to boost productivity while lowering costs and shortening building time.

The advancement of 3D printing in the construction industry is projected to open up new market prospects. The worldwide construction robot market will grow even larger as a result of this. Over the projected period, a growth in research & development initiatives to reduce the cost of robots would further boost market size. All significant trends in the global construction robots industry are highlighted in this report. It also examines the worldwide construction robots market's market drivers, restraints, and opportunities. The research offers a comprehensive view of the market in terms of value and volume across many geographies.

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Key Driving Factors: Advanced construction robots have been introduced as a result of technological advancements.

Technological breakthroughs have resulted in the introduction of powerful robots capable of carrying large loads and completing tasks in a short amount of time. According to figures compiled by the International Federation of Robotics, India is rated third in the world for using robots in its construction processes. These robots, thanks to technical advancements, feature joint torque sensors in each axis, eliminating the need for external sensors. Climbing robots are currently being used in the construction of tall structures. Due to many advantages, such as highly efficient, powerful, adaptable, and versatile nature, demand for such robots is expected to drive market expansion.

Opportunities: The surge in construction site automation is likely to usher in a near-term transformation in the industry, presenting enormous prospects for construction robots. By developing automated and robotized construction systems, automation is increasing in every aspect of construction and has created a flexible manner of building and operating facilities.

Many players have entered the construction robot business as a result of the development in robotic automation in masonry prefabrication, construction sector and precast concrete industry, timber construction, steel component manufacture, and so on.

This report offers the major market player’s profiles, such as Brokk (Sweden), Husqvarna (Sweden), Ekso Bionics (US), Komatsu (Japan), Fujita (Japan), Construction Robotics (US), Fastbrick Robotics (Australia), Autonomous Solutions (US), Conjet (Sweden), TopTec Spezialmaschinen (Germany), Apis Cor (Russia), nLink (Norway), Yingchuang Building Technique Co. (WinSun) (China), Advanced Construction Robotics (US), MX3D (Netherlands), CyBe Construction (Netherlands), CYBERDYNE (Japan), Giant Hydraulic Tech (China), Alpine Sales and Rental (US), and Beijing Borui Intelligent Control Technology (China) 

Based on Application:  The market is divided into Public Infrastructure, Commercial Buildings, Residential Buildings, Nuclear Dismantling and Demolition, and Others, based on application. For the projected period, the nuclear dismantling and destruction application segment is expected to grow at the fastest rate. The issues can be ascribed to the rising necessity in nuclear decommissioning to eliminate the presence of human operators in dangerous regions and shield them from radiation. The need for this market is being fueled by features in demolition robots that enable easy access, enhance safety, and increase productivity in limited locations.

The  Construction Robot Market report has been categorized as below

By Type

  • Traditional Robot

  • Robotic Arm

  • Exoskeleton

By Automation

  • Fully Autonomous

  • Semi-Autonomous

By Function

  • Demolition

  • Bricklaying

  • 3D Printing

  • Concrete Structural Erection

  • Finishing Work

  • Doors and Windows Installation

  • Others

By Application

  • Public Infrastructure

  • Commercial and Residential Buildings

  • Nuclear Dismantling and Demolition

  • Others

By Region

  • North America

  •  Europe

  • Asia Pacific

  • Rest of World

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Published Date : July-2021