Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Construction Robot Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Construction Robot Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Construction
Robot Market is offered.
Market
Insights:
In accordance with the report, the Construction Robot
Market is projected to expand at a CAGR of X.X% over the period
of forecast. The global Construction
Robot Market was valued at USD XX.X Mn in 2019 and is expected to reach USD
XX.X Mn in 2031, growing with a significant CAGR rate during the forecast
period. One of the factors driving the growth of the construction robot market
is the construction of skyscrapers and mixed-use projects due to the adoption
of automated processes by building businesses and a lack of skilled workers in
advanced countries. The need to accelerate the construction of new buildings is
another reason driving the growth of the construction robot market. The amount
of time spent welding has significantly lowered in Japan since the adoption of
robotic welding methods. One company in the country has developed a method for
using two six-axis robots to weld steel beams for use in building. There is
very little welding needed on the construction site because the I-beams were already
cut and soldered before being delivered. According to projections, over the
projected period of 2019 to 2023, the global market for construction robots is
expected to expand at a rapid rate. The market development for user behaviour
monitoring is found to be most promising in North America, Europe,
Asia-Pacific, and the rest of the world. Due to the extensive use of robotics
in the industrial and quarrying sectors in nations like Australia, China,
India, Malaysia, and Vietnam, among others, the Asia-Pacific region currently
dominates the global market for construction robots. Japan has also been a
pioneer in the use of robots in the construction industry ever since it started
automating building processes in the 1980s.
Research
Methodology:
To compile
the detailed study of the global Construction
Robot Market,
a robust research methodology has been adopted that aids in determining the key
insights and also evaluates the growth prospects of the Construction Robot Market. Comprehensive and iterative research
methodology focused on minimizing deviance in order to provide the most
accurate estimates and forecast possible. The company utilizes a combination of
bottom-up and top-down approaches for segmenting and estimating quantitative
aspects of the market. Our research methodology implements a mix of primary as
well as secondary research. Our projects are initiated with secondary research,
where we refer to a variety of sources including trade databases; government
published documents, investor presentations, company annual reports, Industrial
papers, and paid databases. To carry out secondary research, the analysts have
collected the information through company annual reports, journals, company
press releases, and paid databases that were referred to gain and identify
better opportunities in the Construction
Robot Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Construction Robot Market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Construction Robot Market Compounded annual growth rates for all segments have also
been provided for 2019 to 2031. This report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
Key Segments:
Construction Robot Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2023 to 2031, for the following segments:
Construction
Robot Market, By Design Type, 2023-2031 (USD Million)
·
Traditional
Robot
·
Robotic Arm
Construction
Robot Market, By Automation, 2023-2031 (USD Million)
·
Fully
Autonomous
·
Semi-Autonomous
Construction
Robot Market, By Function, 2023-2031 (USD Million)
·
Demolition
·
Bricklaying
Construction
Robot Market, By Vertical, 2023-2031 (USD Million)
·
Public
Infrastructure
·
Commercial
and Residential Building
Report
Highlights:
The prime objective of the Construction Robot Market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Construction
Robot Market, By Region, 2023-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Construction
Robot Market:
·
Brokk AB
(Sweden)
·
Husqvarna
(Sweden)
·
Esko Bionics
(U.S.)
·
Komatsu
(Japan)
·
Conjet AB
(Sweden)
·
TopTec
Spezialmaschinen GmbH (Germany)
·
Construction
Robotics (U.S.)
·
Fastbrick
Robotics (Australia)
·
Autonomous
Solutions (US)
·
Apis Cor
(Russia)
·
nLink
(Norway)
Construction
Robot Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
·
Recent
advancements and technological trends in the industry