Construction Robot Market by Product Type (Traditional Robot, Robotic ARM, Exoskeleton); by Automation (Semi-Autonomous, Fully Autonomous); by Function (Bricklaying Robot, 3D Printing and Contour Crafting Robot, Demolition Robot, Inspection Robot, Welding Robot, Roadwork Robots, Others); by Application (Public Infrastructure, Commercial and Industrial Infrastructure, Residential Buildings, Others); and by Region (North America, Europe, Asia Pacific, Latin America, MEA) - Global Forecasts 2021 to 2027

Date : Aug 2021

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Report ID : 310

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Category : Machinery & Equipments

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Report Format:  PDF EXCEL PPT WORD

Market Overview:

The Global Construction Robot Market was valued at USD 44.8 Mn in 2020 is expected to reach USD 110.7 Mn by 2027, with a growing CAGR of 13.8% during the forecast period.

Construction robots are semi or fully autonomous robots designed to improve the speed and quality of construction work. The construction industry is one of the least automated industries that features manual-intensive labor as a primary source of productivity. However, with the advancement in technology, the construction industry is utilizing robots to excel at repetitive tasks in a controlled environment. Various robots have been used to ensure better productivity and quality. Demolition robots have been used to safely and precisely demolish any structure compared to the manual process.

Construction Robot Market

With the rapid advancement in technology and high demand for construction works, the construction industry is facing challenges such as a shortage of skilled labor, the inadequacy of resources, and the convergence of requisite technologies. These challenges have increased the demand for construction robot market. A construction robot plays a significant role in automating solutions and in delivering cost-effective operations. These robots have helped in automating laborious and dangerous tasks to keep laborers away from hazardous activities and thus, enable them to focus on more productive work.

These technologies have exerted a positive impact on operational cost-savings by decreasing labor costs and increasing uptime. The recent adoption of robotic technology is changing the way the industry creates homes, buildings, and other infrastructure. The growing construction industry is a major factor that will drive the demand for the construction robot market during the forecast period. However, high cost is associated with the deployment of robotic solutions and this factor is hampering the growth of the construction robot market. THOUGH, the evolution of 3D printing in the construction industry is expected to create ample opportunities during the forecast period.

The Global Construction Robot Market Segmentation:

By Product Type

  • Traditional Robot
  • Robotic ARM
  • Exoskeleton

By Automation

  • Semi-Autonomous
  • Fully Autonomous

By Function

  • Bricklaying Robot
  • 3D Printing and Contour Crafting Robot
  • Demolition Robot
  • Inspection Robot
  • Welding Robot
  • Roadwork Robots
  • Others

By Application

  • Public Infrastructure
  • Commercial and Industrial Infrastructure
  • Residential Buildings
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Construction Robot Market Company Profiles and Competitive Intelligence

The key players operating in the construction robot market are:

  • Construction Robotics
  • Brokk Global
  • Ekso Bionics
  • CyBe Construction
  • Conjet AB
  • TopTec Spezialmaschinen GmbH
  • FBR Ltd.
  • Autonomous Solutions Inc.
  • Advanced Construction Robotics, Inc.
  • Giant Hydraulic Tech Co., Ltd.
  • Husqvarna AB (publ)
  • Fujita Corporation
  • Apis Cor
  • nLink AS
  • YIng Chuang Building Tech ( Shanghai ) Co.,Ltd ( Winsun )
  • MX3D
  • CYBERDYNE INC.
  • Alpine Sales & Rental Corp.
  • Beijing Borui Intelligent Control Technology Co. Ltd.

Based on Product Type, the traditional robot segment is expected to dominate the market throughout the forecast period

By product type, the global market has been segmented into a traditional robot, robotic arm, and exoskeleton. The traditional robot segment dominated the market in 2020 and the same trend is expected to be seen during the forecast period. Construction robots are being used as a replacement for the traditional heavy construction equipment/machines in most of the construction activities. However, the exoskeleton segment is expected to grow at the highest CAGR during the forecast period.

Based on Automation, the semi-autonomous segment dominated the construction robot market in 2020

On the basis of automation, the global construction robot market has been bifurcated into semi-autonomous and fully autonomous. The semi-autonomous segment dominated the market in 2020. These construction robots are designed to execute a task with certain levels of planning interaction conducted with a human supervisor. SAM, a semi-autonomous masonry robot, was built by Construction Robotics for bricklaying tasks in outdoor construction sites. However, the fully autonomous segment is expected to grow at the highest CAGR during the forecast period.

Based on Function, the demolition robot segment is expected to dominate the market during the forecast period as it is an essential process in renovation activities and new commercial buildings

Based on functions, the global construction robot market has been segmented into bricklaying robot, 3D printing, contour crafting robot, demolition robot, inspection robots, welding robots, roadwork robots, and others. The demolition segment HELD was holding a major market share in terms of value in the global construction robot market in 2020, while the 3D printing and contour crafting robot segment is expected to grow at the highest rate during the forecast period.

Based on applications, the public infrastructure segment is expected to dominate the market during the forecast period due to increasing infrastructural development across the globe

Based on applications, the construction robot market has been segmented into public infrastructure, commercial and industrial infrastructure, residential buildings, and others. The public infrastructure segment accounts for the largest share in the global construction robot market by application. Roadworks robots can build roads with high productivity with economical cost and time savings.

Based on Region, the Asia-Pacific region is expected to grow at the highest CAGR throughout the forecast period owing to rapid urbanization

The Asia Pacific region is expected to grow at a rapid pace owing to the presence of abundant natural resources like minerals, ores, among others, in countries like China, India, Australia, Malaysia, and other Asian countries. These countries carry out mining and construction activities to extract natural resources in the region. The construction industry of the region has started adopting construction robots for site inspection and for speeding up construction activities on site.

The report also provides an in-depth analysis of construction robot market dynamics such as drivers, restraints, opportunities, and challenges

Drivers

  • Increasing urbanization
  • The growing focus of the construction enterprises in reducing the resource and material waste of the building materials during construction

Restraints

  • High equipment cost

Opportunities

  • Increase in automation at construction sites
  • Increase in infrastructural projects across the globe

Challenges

  • The unpredictable layout of the construction sites
  • Expensive to update and maintain

COVID-19 Impact on the Construction Robot Market Analysis

The COVID-19 pandemic has significantly impacted the construction robot industry. The construction work all over the globe temporarily was restricted due to an increase in the cases of COVID-19. The government across the globe imposed strict lockdown which resulted in the shutdown of many industries. Construction robots' demand, however, might increase due to the safety needs, such as social distancing.  A more detailed analysis specific to this industry will be provided in the report.

The report also provides an in-depth analysis of key trends in the Construction Robot market

  • The upward push of robotics in construction creates greater techniques for enforcing lean construction into business practices due to their precision, construction robots can reduce useless waste to enhance performance and profits.
  • The wide acceptance of 3-D printing technology in the construction sector

The report also provides an in-depth analysis of recent news developments and investments

  • In June 2020, Boston Dynamics introduced the debut of income for Spot, the agile robotic that climbs stairs and traverses difficult terrain and is meant for industrial and commercial usage. It is presently most effective to be had for buy withinside the United States, with a rate of USD 74,500.
  • In February 2020, the world's largest 3D printed building has formally been completed in Dubai. The two-story 6,900 square-foot structure are used as a workplace for typical administrative functions by the Dubai Municipality. The facility was designed together with Apis Cor, a 3D printing, and construction company in Boston.

The unique insights provided by this report also include the following:

  • In-depth Value Chain Analysis
  • Opportunity Mapping
  • Sector Snapshot
  • Key Players Positioning Matrix
  • Regulatory Scenario
  • Strategies Adopted-benchmarking Heat Map
  • Market Trends
  • Covid-19 Impact Analysis
  • Product Comparison
  • Pre & Post COVID-19 Impact on the Construction Robot Market
  • Competitive Landscape

Frequently Asked Questions (FAQs)

What is the market size of the global construction robot market?

The global construction robot market was valued at USD 44.8 Mn in 2020 and is anticipated to reach USD 110.7 Mn by 2027

What is the estimated market growth rate of the construction robot market?

The construction robot market is estimated to grow at a compound annual growth rate (CAGR) of 13.8% during 2020-2027

What is the share of Asia-Pacific in the construction robot market?

Asia-Pacific is expected to grow at the highest CAGR during the forecast period.

Who are the key players in the construction robot market?

A few key players include, but are not limited to Construction Robotics, BROKK GLOBAL, Ekso Bionics, CyBe Construction, Conjet AB, TopTec Spezialmaschinen GmbH, FBR Ltd., Autonomous Solutions Inc., Advanced Construction Robotics, Inc., and Giant Hydraulic Tech Co., Ltd.

What are the opportunities for the construction robot market?

The increase in automation at construction sites is one of the significant opportunities for the development of the construction robot market.

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Table of Contents Construction Robot Market:

Market Introduction

  • Definition
  • Scope Of The Study
  • List Of Assumptions
  • Market Structure
  • Scope of the Study: Segmentation 
  • Timeframe, Currency and Limitations

Research Methodology

  • 3P Research Approach
  • Market Sizing Approach
  • Data Sources
  • Primary Research Coverage

Executive Summary

  • Market Summary
  • Market Snapshot
  • Regional Snapshot
  • Country Snapshot

Premium Insights

  • Key Trend Analysis
  • New revenue Pockets
  • Pain Point Analysis
  • Company Market Share Analysis, by Region
  • Strategies Adopted-Benchmarking Heat Map
  • Regulatory Landscape
  • PESTEL Analysis
  • Regional Lifecycle
  • Competitive Benchmarking

Market Overview & Competitive Landscape

  • Competitive Landscape
  • Investment Scenario by key Players
  • Key Player Overview
  • Product comparison
  • Player Wise Geographic Presence
  • Player Wise Target Customer Segment
  • Recent News
    • Product Launches & upgrades
    • R&D / Innovation
    • Merger & Acquisition
    • JV & Partnership
    • Recognition and others

Market Segmentation (Market Size and Share Analysis)

  • Global Market Size & Historic Growth
  • Market Size by Product Type
    • Traditional Robot
    • Robotic ARM
    • Exoskeleton
  • Market Size by Automation
    • Semi-Autonomous
    • Fully Autonomous
  • Market Size by Function
    • Bricklaying Robot
    • 3D Printing and Contour Crafting Robot
    • Demolition Robot
    • Inspection Robot
    • Welding Robot
    • Roadwork Robots
    • Others
  • Market Size by Application
    • Public Infrastructure
    • Commercial and Industrial Infrastructure
    • Residential Buildings
    • Others

Market Dynamics

  • Market Drivers
  • Opportunities
  • Value Chain Analysis
  • Pricing Analysis

COVID – 19 Opportunity Mapping

  • Key Drivers & Anticipated Revival Period
  • Key Trends Analysis
  • Impact on End user Industry
  • Opportunity Analysis

Regional Market Analysis

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • APAC
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • GCC
    • Rest of MEA

Company Profiles

  • Construction Robotics
    • Company Fundamentals
    • Financial Analysis (Subject to Availability)
    • Product Portfolio
    • SWOT Analysis
  • BROKK GLOBAL
  • Ekso Bionics
  • CyBe Construction
  • Conjet AB
  • TopTec Spezialmaschinen GmbH
  • FBR Ltd.
  • Autonomous Solutions Inc.
  • Advanced Construction Robotics, Inc.
  • Giant Hydraulic Tech Co., Ltd.
  • Husqvarna AB (publ)
  • Fujita Corporation
  • Apis Cor
  • nLink AS
  • YING CHUANG BUILDING TECH ( SHANGHAI ) CO.,LTD ( WINSUN )
  • MX3D
  • CYBERDYNE INC.
  • Alpine Sales & Rental Corp.
  • Beijing Borui Intelligent Control Technology Co. Ltd.

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