Press release
Construction & Demolition Robots Market Size, Share, Outlook And Growth Opportunities 2022-2027
The Global Construction & Demolition Robots Market covers latest information regarding the development rate, market estimates, drivers, limitations, future based demand, and revenue during the forecast period. The Construction & Demolition Robots Market involves of data accumulated from frequent primary and secondary sources. This information has been verified and authorized by the industry analysts, thus providing significant insights to the researchers, analysts, managers, and other industry professionals. This document further helps in thoughtful market trends, applications, specifications, and market challenges.It is growing at a CAGR of 16.2% from 2022 to 2028.
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The Top Leading Players in the market include:
3D Printhuset / COBOD, 3D Wasp, a Subsidiary of CSP SRL Semplificata, ABB, Acciona, Advanced Construction Robotics, Amazon – AWS RoboMaker, Apis Cor, Asmbld, Autonomous Solutions, Be More 3D, Brokk AB, Built Robotics, Caterpillar, Conjet, Construction Robotics, Constructions-3D, CyBe Construction, Cyberdyne, Ekso Bionics, Fastbrick Robotics, Giant Hydraulic Tech, Husqvarna, ICON BUILD, Kawasaki Robotics, KUKA Robotics, a Subsidiary of KUKA AG, Sarcos Robotics, Shimizu Corporation, TopTec Spezialmaschinen
Construction & Demolition Robots Market segmentation:
Market segment by Type:
Structure Robots
Finishing Robots
Infrastructure Robots
Other Robots
Market segment by Application:
Building
Demolition
Market Overview
The Construction & Demolition Robots Market is valued at USD 44.63 million in 2022 and is expected to reach USD 95.10 million by 2028 while registering a CAGR of approximately 13.6% during the forecast period (2022 - 2027). The recent outbreak of COVID-19 has adversely affected the construction industry, with construction work coming to a standstill in the initial months of lockdown. However, the demand for 3D printing witnessed an increased interest in adoption from the industry owing to the benefits offered by the technology in safety.
North America is Expected to Hold Major Share
While manual labor has been a huge and critical component of modern construction, technology has continuously improved since the first pulleys and power tools. Robots are the beginning to help get the work done. With low US unemployment and skilled labor shortages, automation is key to meeting demand and continued economic growth.
However, According to PIAAC data, it is calculated that 38% of jobs in the United States are at significant risk of being automated during the next decade. According to a report by the Associated General Contractors of America, 70% of contractors in the US struggle to hire skilled craft workers. This comes as hiring needs in the industry are expected to grow 12% by 2028 with the demand for construction robots.
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Global Construction & Demolition Robots Market: Regional Segmentation
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
Influence of the Construction & Demolition Robots market report:
– Comprehensive valuation of all opportunities and risk in the market.
– Construction & Demolition Robots market recent inventions and major events.
– Detailed study of business strategies for growth of the market-leading players.
– Conclusive study about the growth plot of Infrared Imaging global Construction & Demolition Robots market for forthcoming years.
– In-depth understanding of market-particular drivers, constraints and major micro markets.
– Favourable imprint inside vital technological and market latest trends striking the global market.
The research provides answers to the following key questions
What is the estimated growth rate of the market for the forecast period 2022–2027? What will be the market size during the estimated period?
What are the key driving forces responsible for shaping the fate of the Construction & Demolition Robots market during the forecast period?
Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Construction & Demolition Robots market?
What are the prominent market trends influencing the development of the Construction & Demolition Robots market across different regions?
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Following are major TOC of Construction & Demolition Robots Market:
Chapter 1: Construction & Demolition Robots Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Construction & Demolition Robots Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Export, Import, Consumption, by Regions
Chapter 6: Global Production, Price Trend by Type, Revenue (Value)
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Sourcing Strategy, Industrial Chain and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Construction & Demolition Robots Market Forecast
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