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.
Growth Drivers
Challenges
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 |
|
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 |
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Function |
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Application |
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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.
Author Credits: Abhishek Verma, Hetal Singh
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