Construction Robots Market worth $749.56 million by 2030, growing at a CAGR of 21.09% - Exclusive Report by 360iResearch

The "Construction Robots Market by Technology (Drones, Humanoid Laborers, Industrial Robots), Automation (Fully Autonomous, Semi-Autonomous), Function, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Construction Robots Market to grow from USD 196.33 million in 2023 to USD 749.56 million by 2030, at a CAGR of 21.09%.

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Construction robots are autonomous or semi-autonomous machines designed to perform various tasks within the construction industry. These robots have sensors, actuators, and artificial intelligence for specific construction-related functions. Using construction robots aims to improve efficiency, increase safety, and address labor shortages in the construction sector. Implementing robotics and automation on building sites allows for better security for employees and enables them to perform tasks such as laying bricks, welding steel, and tying rebar. Construction robots are equipped with technologically advanced cameras, motors, sensors, and microcontrollers, which increases robotic efficiency. The market for construction robots is experiencing a robust growth trajectory, propelled by rapid technological advancements such as artificial intelligence (AI), machine learning, and Internet of Things (IoT) integration, making robots more autonomous and efficient, enabling them to take on complex tasks. However, the high cost of construction robots and limited skilled workers hinders market adoption. Governments and market players are expanding their investments and funding activities to reduce human interference from complex and dangerous construction procedures, creating opportunities for market growth.

The construction robots market shows a highly evolving landscape in the Americas owing to the established industrial sector and increasing application of construction robots in various areas, including commercial buildings, residential buildings, and public infrastructure. Growing urbanization and the wide availability of advanced construction resources have progressed tremendously in the construction industry of the EMEA and the APAC regions. European market vendors are collaborating and expanding operation facilities to meet the growing need for construction robots, which arose due to the increased urbanization and higher adoption of automation in the construction industry. Furthermore, the government has focused on R&D and innovation programs that aim to implement technological change in society, such as introducing human-robot collaboration to support employees in their physical or mobile work, which creates a huge potential demand for construction robots. EMEA & APAC region countries are investing to launch robotics research & funding programs to support developments in various industries and are expected to increase the high adoption of construction robots from industrial sectors.

Market Segmentation & Coverage:

This research report categorizes the Construction Robots Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Technology, market is studied across Drones, Humanoid Laborers, Industrial Robots, and Self-Driving Construction Vehicles. The Industrial Robots is further studied across Articulated Robots, Cartesian Robots, and Collaborative Robots. The Drones commanded largest market share of 354.37% in 2023, followed by Humanoid Laborers.

Based on Automation, market is studied across Fully Autonomous and Semi-Autonomous. The Semi-Autonomous commanded largest market share of 354.37% in 2023, followed by Fully Autonomous.

Based on Function, market is studied across 3D Printing Robots, Bricklaying Robots, Demolition Robots, and Welding Robots. The Demolition Robots commanded largest market share of 453.45% in 2023, followed by Welding Robots.

Based on Application, market is studied across Commercial Buildings, Public Infrastructure, and Residential Buildings. The Public Infrastructure commanded largest market share of 256.08% in 2023, followed by Residential Buildings.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 409.97% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Construction Robots Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Construction Robots Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Construction Robots Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Advanced Construction Robotics, Inc., ANYbotics AG, Apis Cor Inc., Autonomous Solutions, Inc., Boston Dynamics, Inc., Brokk AB, Built Robotics, Canvas Construction Inc., Colena Ltd., Conjet AB, Construction Robotics, CyBe Construction, Dusty Robotics, Exyn Technologies, Fastbrick Robotics Limited, Fujita Corporation, Giant Hydraulic Tech Co., Ltd., HowToRobot, Husqvarna AB, ICON Technology, inc., Kewazo GmbH, KUKA AG, MX3D, nLink AS, Okibo Ltd., Sarcos Technology and Robotics Corporation, SZ DJI Technology Co., Ltd., TopTec Spezialmaschinen GmbH, and ULC Technologies, LLC.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Construction Robots Market, by Technology
7. Construction Robots Market, by Automation
8. Construction Robots Market, by Function
9. Construction Robots Market, by Application
10. Americas Construction Robots Market
11. Asia-Pacific Construction Robots Market
12. Europe, Middle East & Africa Construction Robots Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Construction Robots Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Construction Robots Market?
3. What is the competitive strategic window for opportunities in the Construction Robots Market?
4. What are the technology trends and regulatory frameworks in the Construction Robots Market?
5. What is the market share of the leading vendors in the Construction Robots Market?
6. What modes and strategic moves are considered suitable for entering the Construction Robots Market?

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