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Construction Robot Market Scope Analysis to 2024: Top Companies are Husqvarna Group, Brokk AB, Alpine Electronics of America, Inc., Construction Robotics, ULC Robotics, Shimizu Corporation, FBR, Fujita Corporation to 2024

11-02-2018 10:37 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

Construction Robot Market in North America accounted the majority of the shares. 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. 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.

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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.

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.

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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 Group, Conjet AB, Brokk AB, Giant Hydraulic Tech Co., Ltd., TopTec Spezialmaschinen GmbH, Alpine Electronics of America, Inc., Cazza, Construction Robotics, ULC Robotics, Beijing Aritime Intelligent Control Co., Ltd., Shimizu Corporation, FBR, 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 infrastructure projects.

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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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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