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Construction Robot Market By Key Vendors: Husqvarna, Conjet AB, Brokk AB, Giant Hydraulic Tech, TopTec Spezialmaschinen GmbH, Alpine, Cazza, Construction Robotics, ULC Robotics, Beijing Borui Intelligent Control Technology, Shimizu Construction, Fast Bric

10-10-2018 08:05 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc.

Construction Robot Market By Key Vendors: Husqvarna, Conjet AB,

North America accounted for the majority of the industry shares in the construction robot market. The technological advancements and availability that are provided by the manufacturers cater to the demand and requirements of the customers in the region. Moreover, the presence of major players and huge customer base in the region offer a high growth potential.

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The areas of applications include underground mining, structural assembly, and underwater search and inspection. With the increase in the commercial infrastructures in the region, the construction robot market will experience high growth and development.

Construction Robot Market size is predicted to grow over the coming years owing to the need for automation in the industry. These machines are utilized for performing several functions, which were earlier done by human efforts. With the advent of automated machines in the industry, the high-intensity work is completed within a short period of time. The advantage of automation to this sector is the reduction in the labor cost and ultimately a drop in the total cost borne by companies. Several types of automated systems are being developed in the construction robot market such as 3D printing robots, which are used to build large buildings. It is also widely used in building bridges; for instance, in October 2017, world’s first 3D printed bridge was built in the Netherlands. Low penetration of automated solutions in the sector offers a huge growth potential to the construction robot market.

Technological advancements and innovations in the construction robot market are expanding the demand for automation for performing the tasks, which are time-consuming when human efforts are employed. These machines are developed to support and carry out the different functions and job which are performed by the workers. Several technological advancements in the construction robot market, such as home-making robots for building prefabricated roofs, walls, and floors and Semi-Automated Mason (SAM), which include bricklaying functions and 3D printing concrete houses are making the industrial work faster, safer, and more creative. At present the penetration of the technology in the overall construction industry is much lower. The increasing consumer spending and growing demand for residential facilities owing to the rise in global disposable income is projected to coerce businesses into increasing their output by indulging in the robotic equipment, thereby driving the construction robot market demand.

Increasing demand of these products for carrying out several tasks which includes dealing with hazardous material is driving the need and requirement in the construction robot market. The products are helping improve the employee productivity, safety, and health, which are crucial to the manufacturing sector. Several governmental regulations for labor safety have also forced the management to adopt these technological products in their building work. The responsibility of organizations toward its workforce has been stated in these governmental regulations and they need to be followed and accepted by organizations to safeguard the safety and health of their workforce. For instance, (OSHA) Occupational Safety and Health Administration governs workplace security and safety of the employees. Section IV: Chapter 4 of OSHA guidelines for Industrial Robots and Robot System Safety focuses on the two topics, accidents and safeguarding that highlight the past incidents and guidelines and they should be implemented to avoid these accidents. Adherence to these regulations is positively impacting the overall industry, thereby boosting the construction robot market.

Operator and employee safety is a major issue hindering the construction robot market. Although most system are equipped with safety equipment and protocols, malfunctioning in the system can occur from power surges across the equipment and body injury from contact with robotics parts, creating an unsafe work environment for the operating personnel. Hazards in the equipment may occur as a result of human errors such as programming errors or physical placement of bodily parts in hazardous locations or mechanical failures. To prevent the occurrence of such errors, it is essential to identify these faults by conducting a complete preventive check and educating and training employees on the precautions to undertake in a work zone.

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Remote control machines account for a significant market share of the construction robot market. The growing needs and requirements for automation and reducing human efforts in the industry are encouraging the players to develop new technologies, which would support the workforce to perform the operations and tasks efficiently and effectively on proper time. This will benefit the organization by increasing the productivity within a shorter period and reducing the high costs associated with the hiring of skilled workforce in the industry. For instance, Husqvarna DXR have advanced features such as low weight, high power, and functional design. The advantages of these machines for the industry are wider reach with the help of an arm that can rotate 360-degree, efficiency, ease-of-operation, and compact design. Such advantages are propelling the equipment usage thereby positively impacting the construction robot market.

The commercial sector is expected to grow over the coming years in the construction robot market due to the rise in the commercial infrastructure activities. The need for advanced technologies and products is increasing rapidly, which is being catered to by manufacturers in the construction robot market. The increasing infrastructure projects in developing countries including India, China, and South Korea are creating a high demand for advanced and automated machines, which will support the workforce to perform several big tasks within a limited time. The required efficiency and productivity in the development of these projects are crucial to ensure the strength and stability of the infrastructure.

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Key players operating in the construction robot market are Husqvarna, Conjet AB, Brokk AB, Giant Hydraulic Tech, TopTec Spezialmaschinen GmbH, Alpine, Cazza, Construction Robotics, ULC Robotics, Beijing Borui Intelligent Control Technology, Shimizu Construction, Fast Brick Robotics, and Fujita Corporation. These players are competing based on the customer demands and requirements for performing several operations and tasks efficiently and effectively with the help of highly automated products, saving on human efforts and time. Several strategies adopted by these players in the construction robot market include new product development and product differentiation to attract the customers. The demand for these machines is projected to increase in the construction robot market with the rise in the development of infrasturcture projects.

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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
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