Construction Robots Market Analysis

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

Construction Robots Market Analysis

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

Browse Key Market Insights with Data Illustration:


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.
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