Global Artificial Intelligence in Construction Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence and Industry Outlook, 2018-2027

Date : Nov 2019

|

Report ID : 93

|

Category : Information Technology

|
Report Format:  PDF EXCEL PPT WORD

Global Artificial Intelligence (AI) in Construction Market was valued at US$ 449.7 million in the year 2020 and is expected to reach US$ 2,214.8 million by the year 2027, growing at a CAGR of 36.50%. With the increasing need for safety & security in the construction sector and the need for reduced production costs is driving the global AI in construction market. However, the slow adoption rate of AI-related technology in the construction sector and the complexity of the algorithms are expected to impede the growth of Artificial Intelligence in Construction Market.

The growing importance of technology-based solutions has stimulated the construction sector to gather and share data in real time. Managing a huge chunk of data can create huge overhead costs, which can affect the profitability of an organization. Sometimes, the gathered data are irrelevant to the business process & profitability goals. Artificial intelligence (AI) plays a major role in limiting the amount of irrelevant data in these industry verticals.

AI in Construction Market Size

AI helps to sort and organize the plethora of data that are pre-requisites for different construction purposes. AI in construction provides end-to-end solutions to a construction business by streamlining the flow of work and the process of gathering data. AI-based solutions vary from surveying, mapping, and exploring the resources, to synchronization with the automated process of bricklaying and transportation.

Key Players of this market are

  • IBM (US)
  • Alice Technologies (US)
  • Aurora Computer Services (UK)
  • Autodesk (US)
  • Building System Planning (US)
  • eSUB (US)
  • Microsoft (US)
  • Oracle (US)
  • SAP (Germany)
  • Smartvid.io(US)

The increasing adoption of robots, autonomous vehicles, and drones in the construction sector is also accentuating the growth of AI in construction market. Organizations are embracing these technologies for the purpose of surveying, aerial imaging, and mapping at construction sites for smoothening the construction operations. This is developing numerous prospects for the growth of the AI in the construction sector. Construction companies are also utilizing the capabilities of AI for the purpose of designing, safety, estimation, and quality measurement, which further helps in accelerating the growth of AI in construction market globally.

Global Artificial Intelligence in Construction Market Segmentation Scope

By Technology

  • Neural Networks
  • Machine Learning & Deep Learning
  • Natural Language Processing (NLP)

By Stage

  • Pre-Construction
  • Construction
  • Post-Construction

By Component

  • Solutions
  • Services

By Deployment

  • Cloud
  • On-premises

By Application

  • Project Management
  • Risk Management
  • Supply Chain Management
  • Schedule Management
  • Field Management

By End-User

  • Residential
  • Commercial Institutions
  • Heavy Construction
  • Others

Geographies covered in AI in Construction Market:

North America

  • US
  • Canada
  • Mexico

Europe

  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Indonesia
  • Thailand
  • Rest of APAC

Rest of The World

  • Latin America
  • Middle East & Africa
Related Reports

Need specific market information ?

Ask for free product review call with the author

Share your specific research requirements for a customized report

Request for due diligence and consumer centric studies

Request for study updates, segment specific and country level reports

Table of Content

Chapter 1 Preface

1.1 Report Description

1.1.1 Purpose of the Report

1.1.2 Target Audience

1.1.3 USP and Key Offerings

1.2 Research Scope

1.3 Research Methodology

1.3.1 Phase I – Secondary Research

1.3.2 Phase II – Primary Research

1.3.3 Phase III – Expert Panel Review

1.3.4 Approach Adopted

1.3.4.1 Top-Down Approach

1.3.4.2 Bottom-Up Approach

1.3.5 Assumptions

1.4 Market Segmentation Scope

Chapter 2 Executive Summary

2.1 Market Summary

2.1.1 Global AI in construction Market, 2016-2023, (US$ Mn)

2.1 Market Snapshot: Global AI in construction Market

2.2 Market Dynamics

2.3 Global AI in construction Market, by Segment, 2018

2.3.1 Global AI in construction Market, by Technology, 2018, (US$ Mn)

2.3.2 Global AI in construction Market, by Stage, 2018, (US$ Mn)

2.3.3 Global AI in construction Market, by Component, 2018, (US$ Mn)

2.3.4 Global AI in construction Market, by Deployment, 2018, (US$ Mn)

2.3.5 Global AI in construction Market, by Application, 2018, (US$ Mn)

2.3.6 Global AI in construction Market, by End-user, 2018, (US$ Mn)

2.3.7 Global AI in construction Market, by Region, 2018 (US$ Mn)

2.4 Premium Insights

2.4.1 AI in construction Market In Developed Vs. Developing Economies, 2018 vs 2023

2.4.2 Global AI in construction Market: Regional Life Cycle Analysis

Chapter 3 Market Dynamics

3.1 Market Overview

3.2 Market Drivers

3.2.1 The increasing adoption of the robots, autonomous vehicles, and drones in the construction sector

3.2.2 Driver 2

3.3 Market Restraints

3.3.1 The complexity of the algorithms which has led to slower adoption of AI in the construction sector

3.3.2 Restraint 2

3.4 Market Opportunities

3.4.1 Increasing demand to reduce the overall cost in construction sector.

3.5 Industry Value Chain Analysis

3.5.1 Analyst’s Views

3.6 Industry SWOT Analysis

Chapter 4 Global AI in construction Market, by Technology

4.1 Market Overview, by Technology

4.1.1 Global AI in construction Market, by Technology, 2016-2023 (US$ Mn)

4.1.2 Incremental Opportunity, by Technology, From 2018-2023

4.2 Neural Networks

4.2.1 Global AI in construction Market, by Neural Networks, 2016-2023, (US$ Mn)

4.3 Machine Learning & Deep Learning

4.3.1 Global AI in construction Market, by Machine Learning & Deep Learning, 2016-2023, (US$ Mn)

4.4 Natural Language Processing (NLP)

4.4.1 Global AI in construction Market, by Natural Language Processing (NLP), 2016-2023, (US$ Mn)

Chapter 5 Global AI in construction Market, by Stage

5.1 Market Overview, by Stage

5.1.1 Global AI in construction Market, by Stage, 2016-2023 (US$ Mn)

5.1.2 Incremental Opportunity, by Stage, From 2018-2023

5.2 Pre-Construction

5.2.1 Global AI in construction Market, by Pre-Construction, 2016-2023, (US$ Mn)

5.3 Construction

5.3.1 Global AI in construction Market, by Construction, 2016-2023, (US$ Mn)

5.4 Post-Construction

5.4.1 Global AI in construction Market, by Post-Construction, 2016-2023, (US$ Mn)

Chapter 6 Global AI in construction Market, by Component

6.1 Market Overview, by Component

6.1.1 Global AI in construction Market, by Component, 2016-2023 (US$ Mn)

6.1.2 Incremental Opportunity, by Component, From 2018-2023

6.2 Solutions

6.2.1 Global AI in construction Market, by Solutions, 2016-2023, (US$ Mn)

6.3 Services

6.3.1 Global AI in construction Market, by Services, 2016-2023, (US$ Mn)

Chapter 7 Global AI in construction Market, by Deployment

7.1 Market Overview, by Deployment

7.1.1 Global AI in construction Market, by Deployment, 2016-2023 (US$ Mn)

7.1.2 Incremental Opportunity, by Deployment, From 2018-2023

7.2 Cloud

7.2.1 Global AI in construction Market, by Cloud, 2016-2023, (US$ Mn)

7.3 On-premise

7.3.1 Global AI in construction Market, by On-premise, 2016-2023, (US$ Mn)

Chapter 8 Global AI in construction Market, by Application

8.1 Market Overview, by Application

8.1.1 Global AI in construction Market, by Application, 2016-2023 (US$ Mn)

8.1.2 Incremental Opportunity, by Application, From 2018-2023

8.2 Project Management

8.2.1 Global AI in construction Market, by Project Management, 2016-2023, (US$ Mn)

8.3 Risk Management

8.3.1 Global AI in construction Market, by Risk Management, 2016-2023, (US$ Mn)

8.4 Supply Chain Management

8.4.1 Global AI in construction Market, by Supply Chain Management, 2016-2023, (US$ Mn)

8.5 Schedule Management

8.5.1 Global AI in construction Market, by Schedule Management, 2016-2023, (US$ Mn)

8.6 Field Management

8.6.1 Global AI in construction Market, by Field Management, 2016-2023, (US$ Mn)

Chapter 9 Global AI in construction Market, by End-user

9.1 Market Overview, by End-user

9.1.1 Global AI in construction Market, by End-user, 2016-2023 (US$ Mn)

9.1.2 Incremental Opportunity, by End-user, From 2018-2023

9.2 Residential

9.2.1 Global AI in construction Market, by Residential, 2016-2023, (US$ Mn)

9.3 Commercial Institutions

9.3.1 Global AI in construction Market, by Commercial Institutions, 2016-2023, (US$ Mn)

9.4 Heavy Construction

9.4.1 Global AI in construction Market, by Heavy Construction, 2016-2023, (US$ Mn)

9.5 Others

9.5.1 Global AI in construction Market, by Others, 2016-2023, (US$ Mn)

Chapter 10 Global AI in construction Market, by Region

10.1 Market Overview, by Region

10.1.1 Global AI in construction Market, by Region, 2016-2023, (US$ Mn)

10.2 Attractive Investment Opportunity, by Region, 2018

10.3 North America AI in construction Market

10.3.1 North America AI in construction Market, by Technology, 2016-2023 (US$ Mn)

10.3.2 North America AI in construction Market, by Stage, 2016-2023 (US$ Mn)

10.3.3 North America AI in construction Market, by Component, 2016-2023 (US$ Mn)

10.3.4 North America AI in construction Market, by Deployment, 2016-2023 (US$ Mn)

10.3.5 North America AI in construction Market, by Application, 2016-2023 (US$ Mn)

10.3.6 North America AI in construction Market, by End-user, 2016-2023 (US$ Mn)

10.3.7 United States Country Profile

10.3.7.1 United States AI in construction Market, 2016-2023 (US$ Mn)

10.3.8 Canada Country Profile

10.3.8.1 Canada AI in construction Market, 2016-2023 (US$ Mn)

10.3.9 Mexico Country Profile

10.3.9.1 Mexico AI in construction Market, 2016-2023 (US$ Mn)

10.4 Europe AI in construction Market

10.4.1 Europe AI in construction Market, by Technology, 2016-2023 (US$ Mn)

10.4.2 Europe AI in construction Market, by Stage, 2016-2023 (US$ Mn)

10.4.3 Europe AI in construction Market, by Component, 2016-2023 (US$ Mn)

10.4.4 Europe AI in construction Market, by Deployment, 2016-2023 (US$ Mn)

10.4.5 Europe AI in construction Market, by Application, 2016-2023 (US$ Mn)

10.4.6 Europe AI in construction Market, by End-user, 2016-2023 (US$ Mn)

10.4.7 United Kingdom Country Profile

10.4.7.1 United Kingdom AI in construction Market, 2016-2023 (US$ Mn)

10.4.8 Germany Country Profile

10.4.8.1 Germany AI in construction Market, 2016-2023 (US$ Mn)

10.4.9 France Country Profile

10.4.9.1 France AI in construction Market, 2016-2023 (US$ Mn)

10.4.10 Italy Country Profile

10.4.10.1 Italy AI in construction Market, 2016-2023 (US$ Mn)

10.4.11 Spain Country Profile

10.4.11.1 Spain AI in construction Market, 2016-2023 (US$ Mn)

10.4.12 Rest of Europe

10.4.12.1 Rest of Europe AI in construction Market, 2016-2023 (US$ Mn)

10.5 Asia Pacific AI in construction Market

10.5.1 Asia Pacific AI in construction Market, by Technology, 2016-2023 (US$ Mn)

10.5.2 Asia Pacific AI in construction Market, by Stage, 2016-2023 (US$ Mn)

10.5.3 Asia Pacific AI in construction Market, by Component, 2016-2023 (US$ Mn)

10.5.4 Asia Pacific AI in construction Market, by Deployment, 2016-2023 (US$ Mn)

10.5.5 Asia Pacific AI in construction Market, by Application, 2016-2023 (US$ Mn)

10.5.6 Asia Pacific AI in construction Market, by End-user, 2016-2023 (US$ Mn)

10.5.7 China Country Profile

10.5.7.1 China AI in construction Market, 2016-2023 (US$ Mn)

10.5.8 Japan Country Profile

10.5.8.1 Japan AI in construction Market, 2016-2023 (US$ Mn)

10.5.9 India Country Profile

10.5.9.1 India AI in construction Market, 2016-2023 (US$ Mn)

10.5.10 South Korea Country Profile

10.5.10.1 South Korea AI in construction Market, 2016-2023 (US$ Mn)

10.5.11 Southeast Asia

10.5.11.1 Southeast Asia AI in construction Market, 2016-2023 (US$ Mn)

10.5.12 Rest of Asia Pacific

10.5.12.1 Rest of Asia Pacific AI in construction Market, 2016-2023 (US$ Mn)

10.6 Rest of The World AI in construction Market

10.6.1 Rest of The World AI in construction Market, by Technology, 2016-2023 (US$ Mn)

10.6.2 Rest of The World AI in construction Market, by Stage, 2016-2023 (US$ Mn)

10.6.3 Rest of The World AI in construction Market, by Component, 2016-2023 (US$ Mn)

10.6.4 Rest of The World AI in construction Market, by Deployment, 2016-2023 (US$ Mn)

10.6.5 Rest of The World AI in construction Market, by Application, 2016-2023 (US$ Mn)

10.6.6 Rest of The World AI in construction Market, by End-user, 2016-2023 (US$ Mn)

10.6.6.1 Latin America AI in construction Market, 2016-2023 (US$ Mn)

10.6.6.2 Middle East & Africa AI in construction Market, 2016-2023 (US$ Mn)

Chapter 11 Competitive Intelligence

11.1 Introduction

11.2 Players Evaluated During the Study

11.3 Market Players Present in Market Life Cycle

11.4 Top 5 Players Comparison

11.5 Market Positioning of Key Players, 2018

11.6 Market Players Mapping

11.6.1 By Technology

11.6.2 By Stage

11.6.3 By Component

11.6.4 By Deployment

11.6.5 By Application

11.6.6 By End-user

11.6.7 By Region

11.7 Strategies Adopted by Key Market Players

11.8 Recent Developments in the Market

11.8.1 Mergers & Acquisitions, Partnership, New Product Developments

11.9 Operational Efficiency Comparison by Key Players

Chapter 12 Company Profiles

12.1 IBM

12.1.1 IBM Overview

12.1.2 Key Stakeholders/Person in IBM

12.1.3 IBM Products Portfolio

12.1.4 IBM Financial Overview

12.1.5 IBM News/Recent Developments

12.2 Alice Technologies

12.2.1 Alice Technologies Overview

12.2.2 Key Stakeholders/Person in  Alice Technologies

12.2.3 Alice Technologies Products Portfolio

12.2.4 Alice Technologies Financial Overview

12.2.5 Alice Technologies News/Recent Developments

12.3 Aurora Computer Services

12.3.1 Aurora Computer Services Overview

12.3.2 Key Stakeholders/Person in Aurora Computer Services

12.3.3 Aurora Computer Services Products Portfolio

12.3.4 Aurora Computer Services Financial Overview

12.3.5 Aurora Computer Services News/Recent Developments

12.4 Autodesk

12.4.1 Autodesk Overview

12.4.2 Key Stakeholders/Person in Autodesk

12.4.3 Autodesk Products Portfolio

12.4.4 Autodesk Financial Overview

12.4.5 Autodesk News/Recent Developments

12.5 Building System Planning

12.5.1 Building System Planning Overview

12.5.2 Key Stakeholders/Person in Building System Planning

12.5.3 Building System Planning Products Portfolio

12.5.4 Building System Planning Financial Overview

12.5.5 Building System Planning News/Recent Developments

12.6 eSUB

12.6.1 eSUB Overview

12.6.2 Key Stakeholders/Person in eSUB

12.6.3 eSUB Products Portfolio

12.6.4 eSUB Financial Overview

12.6.5 eSUB News/Recent Developments

12.7 Microsoft

12.7.1 Microsoft Overview

12.7.2 Key Stakeholders/Person in Microsoft

12.7.3 Microsoft Products Portfolio

12.7.4 Microsoft Financial Overview

12.7.5 Microsoft News/Recent Developments

12.8 Oracle

12.8.1 Oracle Overview

12.8.2 Key Stakeholders/Person in Oracle

12.8.3 Oracle Products Portfolio

12.8.4 Oracle Financial Overview

12.8.5 Oracle News/Recent Developments

12.9 SAP

12.9.1 SAP Overview

12.9.2 Key Stakeholders/Person in SAP

12.9.3 SAP Products Portfolio

12.9.4 SAP Financial Overview

12.9.5 SAP News/Recent Developments

12.10 Smartvid.io

12.10.1 Smartvid.io Overview

12.10.2 Key Stakeholders/Person in Smartvid.io

12.10.3 Smartvid.io Products Portfolio

12.10.4 Smartvid.io Financial Overview

12.10.5 Smartvid.io News/Recent Developments


Choose License
Buy Now
Why Choose AllTheResearch?
  • Monthly market updates for 6 months
  • Online access of reports
  • Options to buy sections of report
  • Critically analysed research on “Quadrant Positioning” of your company.
  • Syndicated report along with a supplementary report with objective-based study
  • Get profiled in the reports. Expanding your visibility across our network of readers and viewers
  • We provide local market data in local language on request
  • A complementary co-branded white paper
  • Flat consulting fee based exclusive studies. Consult at the price of syndicate
  • Access to expert team for free transaction advisory service.


Quick Inquiry
Follow Us
Choose License
Buy Now