Home Icon

Loading, Please Wait...

Construction Robots Market to be worth US$470.61 Mn by 2026 – TMR

1185 Days ago

Construction Robots Market (Automation - Fully Autonomous Robots, Semi-autonomous Robots; Function - 3D-printing Robots, Demolition Robots, Bricklaying Robots; Application - Commercial Buildings, Residential Buildings, Public Infrastructure) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026

Albany, New York, Feb. 27, 2019 (GLOBE NEWSWIRE) -- According to a new market research report on the construction robots market, published by Transparency Market Research the global construction robots market is expected to reach value of US$ 470.61 Mn by 2026, expanding at a CAGR of 10.4% from 2018 to 2026. Asia Pacific is likely to continue to lead the global market, with the market in the region expanding at a CAGR of 12.4% between 2018 and 2026.

Construction companies welcoming their new robot workers are driving the global construction robots market

Earlier, the construction industry was one of the most unfamiliar R&D fields for the robotics & automation community, despite the fact that the industry is one of the oldest and the largest economic sectors. However, in recent years, the construction industry has become one of the most important research areas in the field of service robotics. The key difficulty with robotics & automation in construction (RAC) is related to nature of the work environment, which is highly unstructured. Automation is changing the face of nearly every industry across the world, whereas the construction industry may pave the way for robots. In the construction industry, robots can carry out 80% of the work, which is more repetitive, more dangerous, and more monotonous.

Request a PDF Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=56457  

Global Construction Robots Market: Scope of Report

The global construction robots market has been broadly segmented in terms of automation, function, application, and geography. In terms of automation, the market has been classified into fully autonomous robots and semi-autonomous robots. Among these, the semi-autonomous robots segment accounted for a major market share of around 74% in 2017. The segment is expected to expand at a significant CAGR of 11.0% during the forecast period. The need for broader and more efficient infrastructure and improved monitoring of infrastructure for predictive and corrective maintenance are factors driving the segment. Based on function, the construction robots market has been divided into 3D-printing robots, demolition robots, bricklaying robot, and others. The combination of 3D-printing and industrial robots is some of the most promising automation technologies in the construction industry. In terms of application, the construction robots market has been classified into commercial buildings, residential buildings, public infrastructure, and others. In 2017, the public infrastructure segment accounted for a prominent market share. The segment is estimated to expand at a significant CAGR of 10.9% during the forecast period.

Get a PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=56457  

Based on region, the global construction robots market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominated the global market in 2017. The region has abundant natural reserves distributed across various countries. Mining and construction are among the top industries in Australia, China, India, Malaysia, and Vietnam. With growing urbanization and wide availability of natural resources in the region, mining and construction companies have started using automated equipment, operating software, and communication systems to connect and operate on site. Europe held a major share of the global construction robots market in 2017. This can be attributed to extensive facilities of various companies for the development and production of construction and demolition robots, and increasing need for residential and non-residential construction projects in the region.

Request a Custom Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=56457  

Global Construction Robots Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global construction robots market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players operating in the global construction robots market are Brokk AB, TopTec Spezialmaschinen GmbH, Construction Robotics, Komatsu, Ekso Bionics, Fujita, Fastbrick Robotics, Autonomous Solutions, Giant Hydraulic Tech, Yingchuang Building Technique Co. (WinSun), Alpine Sales and Rental, and Beijing Borui Intelligent Control Technology. Companies are focusing on expanding their business through acquisitions and strategic partnerships.

The global construction robots market has been segmented as follows:

Global Construction Robots Market, by Automation

  • Fully Autonomous Robots
  • Semi-autonomous Robots

Global Construction Robots Market, by Function

  • 3D-printing Robots
  • Demolition Robots
  • Bricklaying Robot
  • Others

Global Construction Robots Market, by Application

  • Commercial Buildings
  • Residential Buildings
  • Public Infrastructure
  • Others

Global Construction Robots Market, by Region

  • North America
    • U.S
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

Popular Research Reports by TMR:

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact Us

Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog:https://tmrblog.com/

We Are Diffrent
Is your business listed correctly on America’s largest city directory network of 1,000 portals? Find your City Portal