Construction Robots Market Regional Analysis:
APAC Market Insights
Asia Pacific industry is anticipated to account for largest revenue share of 32% by 2035. 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 Market Insights
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.
