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Construction Robotics Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

02-08-2024 07:02 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Construction Robotics Market Growth Factors, Segmentation,

As per the study initiated by Evolve Business Intelligence, the global Construction Robotics Market size accounted for USD 1.80 Billion in 2022, growing at a CAGR of 17.5% from 2023 to 2033. Construction robotics refers to the application of robotic technologies in the construction industry to automate or assist in various tasks involved in building and infrastructure development. These robots are designed to perform a wide range of functions, such as bricklaying, concrete pouring, demolition, excavation, and site inspection. Construction robots aim to improve efficiency, productivity, and safety on construction sites by reducing labor-intensive tasks, minimizing errors, and mitigating risks associated with hazardous work environments. They typically incorporate advanced sensors, actuators, and artificial intelligence to navigate complex surroundings and execute tasks with precision and accuracy. The integration of robotics in construction represents a significant technological advancement reshaping traditional construction practices and driving innovation in the industry.

The Construction Robotics market is primarily driven by the increasing adoption of automation and robotics to address labor shortages and improve productivity in the construction industry. Additionally, advancements in robotics technology, including AI and machine learning, are enhancing the capabilities of construction robots, leading to greater efficiency and cost-effectiveness in project execution.

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Key Highlights:
• The global Construction Robotics Market size was valued at USD 1.80 billion in 2022 growing at a CAGR of 17.5% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Construction Robotics Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges.

Buy the Latest Copy of the Report Now at Higher Discount: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=022116

Key Players
Some of the major Construction Robotics Market players holding high market shares include Construction Robots, ABB, Advanced Construction Robots, BROKK GLOBAL, and Ekso Bionics. 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:
• Construction Robots
• ABB
• Advanced Construction Robots
• BROKK GLOBAL
• Ekso Bionics
• Autonomous Solutions Inc
• MX3D
• Husqvarna AB
• FBR Ltd
• Conjet

Segmental Analysis
Market Segment By Function
• Demolition
• Bricklaying
• Material Handling
• Others

Market Segment By Type
• Traditional Robot
• Robotic Arm
• Exoskeleton

Market Segment By End-use
• Industrial
• Residential
• Commercial

For more information: https://evolvebi.com/report/construction-robotics-market-analysis/

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and data forecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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Evolve Business Intelligence
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Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

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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