Construction Robot Market is Expected to Rise to An Estimated Value of USD 267.01 Million by 2026

The Latest Research Report of Construction Robot Market – Industry Analysis, Size, Share, Growth, Trends and Forecast 2020 – 2027 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – Data Bridge Market Research

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Global construction robot market is expected to rise to an estimated value of USD 267.01 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rise of automation in various levels of industrial verticals.

Market Definition: Global Construction Robot Market

Construction robots are an application of robotic technology which focuses on the development of specialised form of equipment or devices that operate by themselves, without the need of human interventions. These robots promote the safety of workplace and the surrounding environment, and are able to perform the constructional functions in a better method.

Market Drivers:

High levels of construction and growth expansion activities which has been caused due to the growth of urbanization; this factor is expected to drive the growth of the market
Increased levels of safety, efficiency and ease in operating the construction market with the adoption of these products are expected to drive the market growth

Market Restraint:

Large capital costs associated with these products are expected to act as a restraint to the growth of the market

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Segmentation: Global Construction Robot Market

By Type

Traditional Robot
Robotic ARM
Exoskeleton

By Automation

Fully Autonomous
Semi-Autonomous

By Function

Demolition
3D Printing
Doors & Windows Installation
Concrete Structural Erection
Bricklaying
Finishing Work
Others

By Application

Nuclear Dismantling & Demolition
Public Infrastructure
Commercial & Residential Buildings
Others
Road & Tunnel Construction
Construction & Cement
Mining
Metallurgical Industry
Emergency Rescue

By Geography

North America
S.
Canada
Mexico
Europe
Germany
Italy
K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Egypt
Israel
Rest of Middle East and Africa

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Key Developments in the Market:

In March 2018, Built Robotics Inc. announced that they had raised USD 15 million for the development and commercialization of technology that will enable them to integrate autonomous technology in construction equipments.
In March 2017, BROKK GLOBAL announced that they had acquired Aquajet Systems AB, combining together two leaders of demolition robots providers. This acquisition will help in expansion of product offerings and service capabilities of BROKK GLOBAL for construction and demolition markets.

Competitive Analysis

Global construction robot market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of construction robot market for global, Europe, North America, Asia-Pacific and South America.

Major Market Competitors/Players

Few of the major competitors currently working in construction robot market are BROKK GLOBAL; Husqvarna Group; Built Robotics Inc.; Yingchuang Building Technique （Shanghai）Co.Ltd. (WinSun); Komatsu Ltd.; Ekso Bionics; Fujita Corporation; TopTec Spezialmaschinen GmbH; SHIMIZU CORPORATION; Construction Robotics.; FBR Ltd; Autonomous Solutions Inc.; Conjet AB; CYBERDYNE INC.; Giant Hydraulic Tech Co., Ltd. ; ULC Robotics;; nLink AS; Advanced Construction Robotics; and CyBe Construction among others.

The Construction Robot market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Construction Robot market.

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Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Construction Robot market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Construction Robot market. These factors have benefited the growth of the global market for Construction Robot. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

Reasons to Purchase this Report:

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value USD Million and volume Units Million data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)

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Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

Market outline

PART 05: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 06: MARKET SIZING

Market definition
Market sizing 2021
Market size and forecast

PART 07: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 08: MARKET SEGMENTATION BY PRODUCT

Global Construction Robot market by product
Comparison by product
Market opportunity by product

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

Global Construction Robot market by distribution channel
Comparison by distribution channel
Global Construction Robot market by offline distribution channel
Global Construction Robot market by online distribution channel
Market opportunity by distribution channel

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

Global Construction Robot market by end-user
Comparison by end-user

PART 12: REGIONAL LANDSCAPE

Global licensed Construction Robot market by geography
Regional comparison
Licensed Construction Robot market in Americas
Licensed Construction Robot market in EMEA
Licensed Construction Robot market in APAC
Market opportunity

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 15: MARKET TRENDS

PART 16: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 17: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors

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