Construction Robot Market Set for Rapid Expansion (2024-2031): Key Players - Brokk, Komastu, Construction Robotics, TopTec Spezialmaschinen

Global Construction Robot Market reached USD 0.5 billion in 2022 and is expected to reach USD 0.9 billion by 2030, growing with a CAGR of 15.6% during the forecast period 2024-2031.

The Construction Robot market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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A construction robot is an advanced machine designed to automate various tasks in the construction industry, such as bricklaying, 3D printing, excavation, and demolition. These robots enhance efficiency, precision, and safety while reducing labor costs and project timelines. Equipped with AI, sensors, and automation technologies, construction robots are transforming the industry by improving productivity and addressing labor shortages.

Forecast Growth Projected:

The Global Construction Robot Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Construction Robot Market:

Brokk, Komastu, Construction Robotics, TopTec Spezialmaschinen,Fujita,MX3D, Alpine Sales and Rental, Giant Hydraulic Tech, nLink and Apis Cor.

Industry Development:

In March 2023, Hilti partnered with Canvas, a construction robotics company, to enhance drywalling efficiency with robotic technology that applies level 4 and 5 finishes faster and safer than traditional methods.

In July 2023, Laing O'Rourke teamed up with Robotics Australia Group to address productivity, labor shortages, and safety by integrating robotics into construction projects.

In November 2022, Trimble and Exyn Technologies collaborated on autonomous construction surveying, combining Boston Dynamics' Spot robot, Exyn's ExynPak, and Trimble's X7 total station for fully autonomous site missions.

Research Methodology

Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.

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Segment Covered in the Construction Robot Market:

By Type: Robotic ARM, Traditional Robot, Exoskeleton

By Automation: Fully Autonomous, Semi-Autonomous

By Function: Demolition, Bricklaying, 3D Printing, Concrete Structural, Finishing Work, Others

By Application: Public Infrastructure, Commercial and Residential Buildings, Nuclear Dismantling and Demolition, Others

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Regional Analysis for Construction Robot Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Construction Robot market?

➠ Who are the global key manufacturers of the Construction Robot Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Construction Robot market opportunities and threats faced by the vendors in the global Construction Robot Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Construction Robot market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

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