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Construction Robotics Market: The global market is expected to grow at a CAGR of 17.10% during the forecasted period.

07-12-2023 09:17 AM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Construction Robotics Market: The global market is expected

As per the study initiated by Evolve Business Intelligence, the global Construction Robotics market size accounted for USD 1,028.11 million in 2022, growing at a CAGR of 17.10% from 2023 to 2033. The construction robotics market has witnessed significant growth as automation and technology advancements continue to reshape the construction industry. Robotic systems are increasingly utilized for tasks such as bricklaying, concrete pouring, and demolition, enhancing efficiency, safety, and precision on construction sites. The market's expansion is driven by the need for improved productivity, cost reduction, and addressing labor shortages in the construction sector, with further growth expected as robotic solutions continue to evolve and gain wider acceptance within the industry.
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Key Highlights:
• The global Construction Robotics Market size was valued at USD 1,028.11 million in 2022 growing at a CAGR of 17.10% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Construction Robotics Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Construction Robotics market report also includes the following data points:
• COVID19 Impact on Construction Robotics market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Construction Robotics market
Buy Latest Copy of Report Now at Higher Discount: https://evolvebi.com/product/construction-robotics-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/
Key Players
Some of the major Construction Robotics players holding high market share include BASF Brokk AB (Sweden), Husqvarna (Sweden), Esko Bionics (U.S.) and Komatsu (Japan). These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
o Brokk AB (Sweden)
o Husqvarna (Sweden)
o Esko Bionics (U.S.)
o Komatsu (Japan)
o Conjet AB (Sweden)
o TopTec Spezialmaschinen GmbH (Germany)
o Construction Robotics (U.S.) Fastbrick Robotics (Australia)
o Autonomous Solutions (US)
o Apis Cor (Russia)
o nLink (Norway)
o Yingchuang Building Technique Co. (WinSun) (China).
Segmental Analysis
Market Segment By Design Type with focus on market share, consumption trend, and growth rate of Construction Robotics Market:
• Traditional Robot
• Robotic Arm
Market Segment By Automation with focus on market share, consumption trend, and growth rate of Construction Robotics Market:
• Fully Autonomous
• Semi-Autonomous
Market Segment By Function with focus on market share, consumption trend, and growth rate of Construction Robotics Market:
• Demolition
• Bricklaying
Market Segment By Vertical with focus on market share, consumption trend, and growth rate of Construction Robotics Market:
• Public Infrastructure
• Commercial and Residential Building

For more information: https://evolvebi.com/product/construction-robotics-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/
Global Construction Robotics Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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