Construction Robots Market Size 2023-2028: Brokk Global, Conjet AB, Husqvarna Group, Construction Robotics LLC, Fastbrick Robotics Ltd

According to MarkNtel Advisors study the Global Construction Robots Market is projected to grow at a CAGR of around 16.8% during the forecast period, i.e., 2023-28, owing to the rising construction of residential, commercial, and public infrastructures.

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Key Findings of the Study: Construction Robots market

Global Construction Robots Market Key Driver:

Surging Construction of Residential & Commercial Buildings - The development of construction robots inbuilt with smart technologies such as AI, sensors, scanners, etc., has reduced the time for construction activities. Thus, construction companies are now inclined toward construction robot equipment for doing activities such as bricklaying, 3D printing, demolition, etc. In addition, the increase in population and surging tourists have led to the growth in the construction of residential buildings and hotels across the globe.

Moreover, the surging investment by the governments for the expansion of public infrastructure such as roads, rail lines, metro, etc. has augmented the demand for construction robots. Hence, the rising construction activities through the expansion of residential & commercial buildings and infrastructures across regions would beef up the market of Global Construction Robots during the forecasted period. For instance:

• In 2021, Infrastructure Australia (IA) released its infrastructure priority list that included around 44 new infrastructure proposals to expand road & social infrastructures.
• In 2021, Jin Jiang International opened a hotel in China which is one of the highest hotels in the world- The J Hotel. The hotel features 165 rooms including 34 suites room, 24/7 personal butler service, an indoor swimming pool, and other facilities.

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Scope of the Report and Construction Robots Market Segmentation:

By Application

• Demolition
• 3D Printing
• Bricklaying
• Others (Material Handling, Surveillance, Masonry, etc.)

By End-User

• Public Infrastructure
• Commercial
• Residential

By Sales Type

• New Sales
• Aftermarket

The residential sector accounts for a considerable share of the global construction robots market attributed to the rising construction of residential buildings, apartments, villas, and homes across the globe.

Construction Robots Market Development:

• 2019: Brokk Global introduced the new Brokk 300 which has around 40% more demolition power than the previous Brokk 280. The product also includes Brokk SmartConcept technology for improved power management and ergonomics.
• 2017: Built Robotics entered into a partnership with a construction giant company ‘Mortenson’ for deploying their first self-driving track loader on their construction sites.

Geographical Analysis:

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

The North American region is expected to dominate the Global Construction Robots market owing to the rapid construction of commercial & residential buildings, and infrastructure.

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