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Construction Robots Market Insights Covering Growing Market Dynamics and Competitive Scenario of Key Players: Brokk, Fujita, ULC Robotics, Construction Robotic, Hanool Robotics, Skanska, Shimizu

10-19-2021 03:07 PM CET | Industry, Real Estate & Construction

Press release from: Worldwide Market Reports

Construction Robots Market

Construction Robots Market

Construction Robots market research report provides detailed information on the following aspects: industry size, share, growth, segmentation, manufacturers and progress, main trends, market drivers, challenges, standardization, deployment models, opportunities, strategies, future roadmaps, and Annual forecast till 2026, etc. The report conducted a professional and in-depth analysis of the current situation of the Construction Robots market, including major players such as manufacturers, suppliers, distributors, traders, customers, and investors. The report also helps you understand the dynamic structure of the Construction Robots market by identifying and analyzing market segments.

Combined with important market challenges, the potential of this industry field has been fully explored. The current market conditions and prospects of this segment have also been checked. In addition, key market strategies including product development, partnerships, mergers, and acquisitions will also be studied. Upstream raw materials and equipment and downstream demand analysis are also conducted.

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The construction industry is one of the least automated industries, as it features manual-intensive labor as a prime source of production. Whether it is new commercial construction, demolition, or renovation, robots can play an important role in a building’s life cycle. Being a highly unautomated industry, the construction industry can witness a major impact with the emergence of construction robots. As construction companies are looking for automation of more and more tasks in order to increase efficiency and productivity, the demand for construction robots is likely to increase gradually in the near future.

Robotics is a branch of engineering that deals with the development, design, construction, and operation of a robot. Robotics comprises electrical, mechanical, and computer engineering. Robotics is widely categorized into service robots and industrial robots. Service robots are further classified into professional robots, personal robots, and domestic robots. The application of robotics technology in a wide range of production processes across the globe has led to rising in the adoption of the technology at a rapid pace. In the last few years, robots are also being utilized in the construction industry.

Some of the prominent players operating in the global construction robots market are Brokk, Fujita, ULC Robotics, Construction Robotic, Hanool Robotics, Skanska, Shimizu

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Impact of COVID-19:

The industry is mainly driven by increasing financial incentives and regulatory support from governments around the world. The current Construction Robots market is mainly affected by the COVID-19 pandemic. Most projects in China, the United States, Germany, and South Korea have been postponed. These companies are facing short-term operational problems due to supply chain constraints and the inaccessibility of factories due to the COVID-19 outbreak. Due to the pandemic impact in China, Japan, and India, the spread of COVID-19 is expected to severely affect the Asia-Pacific region.

In addition to this, the implementation of robotics in the construction industry eliminates human issues such as laziness, mistakes, damage, conflicts with co-workers, and the need for security and health insurance. Specialized robots can also work in dark, small, airless spaces that are dangerous for humans, or on the facades of tall buildings, without any unsteadiness. Moreover, robots can function 24×7, in a wide range of conditions. They eradicate potential risks arising from lawsuits, accidents, etc., as there are no workers on site.

Employing robots on construction sites might have been considered unfeasible in the past. Several construction specialists are still viciously opposing the use of robots and they are worried about losing their jobs. In contrast, excessively high costs of manufacturing, constructing, and using robots onsite in comparison to costs of employing laborers is a major concern of several other construction specialists advocating the innovative idea. Hence, hiring a robot to work onsite is not an imminent threat to workers. In February 2018, the Construction Robotics Company announced the launch of its new product ‘SAM 100,’ which can place between 300 and 400 bricks an hour, as against a human worker who can lay only around 60–75 bricks in an hour. This can give an idea about the benefits of using construction robots on site.

Attracted by anticipated growth of the global market and underlying latent demand, several players are expanding their business through strategic mergers and acquisitions and partnerships. For instance, in February 2017, Brokk AB, a leading manufacturer of remote-controlled demolition machines, acquired Aquajet Systems AB, a global supplier of hydrodemolition robots. The acquisition expands application solutions offered by Brokk in the construction & demolition industry.

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Construction Robots Market 2021-2026: Main Highlights

• The compound annual growth rate of the market during the forecast period 2021-2026
• Detailed information on the factors that will contribute to the growth of the Construction Robots market in the next five years
• Estimate the size of the Construction Robots market and its contribution to the parent market
• Forecast of upcoming trends and changes in consumer behavior
• Construction Robots market growth
• Analyze the market competition landscape and provide detailed information about suppliers
• Detailed information on the factors that comprehensively challenge the growth of vendors in the Construction Robots market
• Insightful research reports on the Construction Robots market include Pestle analysis, Porter’s five forces analysis, and SWOT analysis to understand the factors that affect consumer and supplier behavior

Table of Content

1 Industry Overview of Construction Robots
2 Manufacturing Cost Structure Analysis of Construction Robots
3 Technical Data and Manufacturing Plants Analysis of Construction Robots
4 Global Construction Robots Overall Market Overview
5 Construction Robots Regional Market Analysis
6 Global 2012-2017E Construction Robots Segment Market Analysis (by Type)
7 Global 2012-2017E Construction Robots Segment Market Analysis (by Application)
8 Major Manufacturers Analysis of Construction Robots
8.1 Brokk
8.1.1 Company Profile
8.1.2 Product Picture and Specifications
8.1.2.1 Product A
8.1.2.2 Product B
8.1.3 Brokk 2016 Construction Robots Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.1.4 Brokk 2016 Construction Robots Business Region Distribution Analysis
9 Development Trend of Analysis of Construction Robots Market
10 Construction Robots Marketing Type Analysis
Continue . . .

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Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provides our diverse range of clients from across all industries with vital decision-making insights to plan and align their market strategies in line with current market trends.

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