Construction Robot Market 2019 Global Industry Trends by Leading Players: Fastbrick Robotics, Brokk AB, Esko Bionics, Komatsu, nLink, MX3D, CyBe Construction, Cyberdyne

Market Research Future published a research report on “Construction Robot Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

The construction industry is emerging with tremendous advancements in robotics. Increasing reliance on robotics to address the complexities of mega construction projects is encouraging construction companies to adopt robots. For instance, Fastbrick robotics, an Australian digital construction technology solution provider, has developed a housing construction robot— Hadrian X, in France which has the capability to construct a residential establishment from the ground up, on site in two days. Similarly, Lhoist Refractories, a provider of lime, dolime and mineral products in Asia, the Americas, and Europe, deploys robotic systems for palletizing bricks. Japanese construction sites also implement robotic welding systems which reduce the overall welding time. Robotics allows automation of various construction processes such as manufacturing, packaging, welding, material handling, and cutting. This allows precision and accuracy through all construction processes saving time and costs. Moreover, residential construction companies are sooner realizing the benefits of adopting construction robots which is expected to drive the growth of construction robots market.

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Segmentation

• By design type, the market is segmented into traditional robot, robotic arm, exoskeleton.
• By automation, the market is segmented into fully autonomous and semi-autonomous.
• By function, the market is segmented into demolition, bricklaying, 3D printing, concrete structural erection, finishing work, doors and windows installation and others.
• By vertical, the market is segmented into public infrastructure, commercial and residential buildings, nuclear dismantling and demolition, and others (road and tunnel construction).

Key Players

The prominent players in Global Construction Robot Market are – Brokk AB (Sweden), Husqvarna (Sweden), Esko Bionics (U.S.), Komatsu (Japan), Conjet AB (Sweden), TopTec Spezialmaschinen GmbH (Germany), Construction Robotics (U.S.) Fastbrick Robotics (Australia), Autonomous Solutions (US), Apis Cor (Russia), nLink (Norway), Yingchuang Building Technique Co. (WinSun) (China), Advanced Construction Robotics (US), MX3D (Netherlands), CyBe Construction (Netherlands), Cyberdyne (Japan), Giant Hydraulic Tech (China), Alpine Sales and Rental (US) and Beijing Borui Intelligent Control Technology (China).

The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio. There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.

Regional analysis

The global market for global construction robot is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of user activity monitoring market is studied for North America, Europe, Asia-Pacific, and the rest of the world.

At present, Asia-Pacific region is dominating the global construction robot market due to the adoption of automation in mining and construction industries in countries like Australia, China, India, Malaysia, and Vietnam. Moreover, Japan is a pioneer in the application of robots as it has been implementing automation in construction activities since 1980s. European construction robot market is expected to grow due to the increasing demand for construction and demolition robots in various facilities, increasing number of government regulations, and growth in residential and non-residential construction projects.

Also, construction robot market is expected to attain sustainable growth in North America during the forecast period due to shortage of skilled labor, need for cost and waste reduction, need for precision and efficiency in production, increased worker safety, and use of drones on construction sites.

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Intended Audience

• Global Construction robot Providers
• Raw material suppliers
• Original Equipment Manufacturers (OEMs)
• Technology providers
• Solutions providers
• Intellectual property license providers
• Government and regulatory bodies
• Research institutes and organizations
• Construction robots distributors
• Technology Investors

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