Construction Robots Market Size & Share, by Type (Traditional Robot, Robotic Arm, Exoskeleton); Function (Demolition, Bricklaying, 3D Printing, Concrete Structural Erection, Finishing Work, Doors & Window Installation); Application (Public Infrastructure, Commercial & Residential Buildings, Nuclear Dismantling & Demolition) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5225
  • Published Date: Sep 08, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

Construction Robots Market size is poised to reach USD 2 Billion by the end of 2035, growing at a CAGR of 20% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of construction robots was over USD 228 Million. Automated robots are used to carry out tasks as diverse as bricklaying, steel truss assembly, and concrete laying with varying degrees of success leading to increasing sales. The development and innovations in technology are escalating the market growth. Nearly 584,000 robotic devices were bought in 2022. Sales of  robots will make up around 34% of all robot sales by 2025. 88% of businesses worldwide plan to include robotic automation into their infrastructure.

The use of autonomous vehicles and excavators for mining is the most visible deployment of robots in large-scale construction projects. For example, a California startup built robots, which has launched a giant Autonomous Construction Robot to speed up the construction of utility-scale Solar Farms to accelerate the transition towards cleaner energy and protect workers from unsafe conditions in the future. Redshift estimates that from now until 2050, the construction sector will need to construct 13,000 structures every day to accommodate the seven billion people who are anticipated to live in cities.


Construction Robots Market
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Construction Robots Sector: Growth Drivers and Challenges

Growth Drivers

  • Adoption of Collaborative Robots - The adoption of collaborative robots will be driven by an increase in the focus of building companies on reducing material resources and waste during construction. In addition, Autodesk points out that it is difficult to obtain precise data on waste produced at a typical construction site, but several construction organizations believe that almost 30% of the total weight of building materials transported to a construction site is wasted.
  • Installation of Robots to Save Time - The growth of robots in the construction sector will be facilitated by shortening project durations. It can be used for a variety of flexible manufacturing processes, e.g. by material transportation, welding, milling, cutting, drilling, painting, and even bricklaying.
  • Increasing Demand for Automated Construction - Automated building solutions are expected to become a key driver in the years ahead, as infrastructure needs increase and they will be an important influence on the market. For the sake of an expected 7 billion people living in cities, Redshift estimates that from now on industry will have to construct 13,000 buildings a day by 2050. Moreover, collaborative robots are used for performing multiple tasks that need accuracy.

Challenges

  • High Maintenance Cost - One of the challenges in the implementation of collaborative robots is the high costs involved in acquiring and maintaining the technology. It costs a great deal of money to buy and implement these technologies. Consequently, these technologies cannot be used by any company with a good turnover and competition on the market.
  • Complications in Construction Process
  • Lack of Skilled Labour Force

Construction Robots Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~ 20%

Base Year Market Size (2022)

~ USD 228 Million

Forecast Year Market Size (2035)

~ USD 2 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Construction Robots Segmentation

Type (Traditional Robot, Robotic Arm, Exoskeleton)

The robotic arm segment in the construction robots market is anticipated to hold the highest revenue share of 45%. The adoption of innovative technology was supported by trends within the construction industry, which included better design, faster construction, and standardized designs. As demand increases, market players that operate in the robot arm segment need to keep developing and designing new and innovative products. For instance, the Meca500 robot arm is by far the smallest, most compact of all six-axis industrial robots. And it's the most precise, too. In fact, Meca500 is a plug-and-work automation component unlike most of the industrial robots that are generally complex stand-alone systems.

Application (Public Infrastructure, Commercial & Residential Buildings, Nuclear Dismantling & Demolition)

The commercial & residential construction robots market is expected to hold 42% of the revenue share. Key companies around the world, such as Fastbrick Technologies Limited, are exponentially working on several commercial and residential projects in multiple countries, and collaborative robots are majorly used during the construction process. Fastbrick Technologies Ltd., an exponentially growing company engaged in numerous commercial and residential projects throughout the world, is using collaborative robots for the work.

Our in-depth analysis of the global market includes the following segments:

        Type

  • Traditional Robot
  • Robotic Arm
  • Exoskeleton

        Function

  • Demolition
  • Bricklaying
  • 3D Printing
  • Concrete Structural Erection
  • Finishing Work
  • Doors & Windows Installation

         Application

  • Public Infrastructure
  • Commercial & Residential Buildings
  • Nuclear Dismantling & Demolition

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Construction Robots Industry - Regional Synopsis

APAC Market Forecast

By region, Asia Pacific construction robots market is expected to hold about 32% share during the forecast period. A major factor driving growth is the increasing adoption of robotic automation and tools in this region. Moreover, Asia Pacific is home to a large population and this has led to an increased demand for housing and industry infrastructures making the Asian region one of the prospective regions. Schindler's announcement in February 2022 that it would be deploying a R.I.S.E robot to Asia Pacific was a case in point. Schindler's R.I.S.E robot is used to install in elevator shafts, and is one of the robots that are independent and cannot be controlled on its own.

North America Statistics

North America is expected to hold the second-largest share of about 23% in the market. The growth can be accredited to the growing automation across numerous sectors or industries. Moreover, the growing industry of construction in the US and Canada is also escalating the market growth.  Canada showcased growth in construction of about 6%, in the residential sector. Also, in North America urbanization is growing swiftly, which has contributed to the growth of the construction robots market.

Research Nester
Construction Robots Market Size
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Companies Dominating the Construction Robots Landscape

top-features-companies
    • Canvas Robotics
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Ekso Bionics
    • Construction Robotics, LLC
    • FBR Ltd
    • Brokk AB
    • Husqvarna AB
    • Komatsu Ltd.,
    • Autonomous Solutions
    • CONJET ab
    • Giant Hydraulic Tech Co., Ltd.,

In the News

  • A construction robotics firm called Canvas has created a robotic drywalling solution with the goal of enabling people to build in daring new ways. Hilti has announced a strategic relationship with Canvas.
  • The Human Motion and Control ("HMC") Business Unit from Parker Hannifin Corporation ("Parker"), a leading provider of motion and control technologies, has been acquired by Ekso Bionics, a leader in exoskeleton technology for medical and industrial applications.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5225
  • Published Date: Sep 08, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Adoption of construction robots, and installation of robots is saving time, and installation of robots is saving time are driving the market growth.

The market size of construction robots is anticipated to attain a CAGR of 20% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Ekso Bionics, Construction Robotics, LLC, FBR Ltd, Advanced Construction Robotics Inc., Obayashi Corporation, Fujita Corporation, Hibot Corporation, Yaskawa Group, Fanuc Corporation, Canvas Robotics and others.

The commercial & residential segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Construction Robots Market Report Scope
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