Construction Robots Market by Technology (Drones, Humanoid Laborers, Industrial Robots), Automation (Fully Autonomous, Semi-Autonomous), Function, Application - Global Forecast 2024-2030

Construction Robots Market by Technology (Drones, Humanoid Laborers, Industrial Robots), Automation (Fully Autonomous, Semi-Autonomous), Function, Application - Global Forecast 2024-2030

The Construction Robots Market size was estimated at USD 196.33 million in 2023 and expected to reach USD 231.80 million in 2024, at a CAGR 21.09% to reach USD 749.56 million by 2030.

Construction robots are autonomous or semi-autonomous machines designed to perform various tasks within the construction industry. These robots have sensors, actuators, and artificial intelligence for specific construction-related functions. Using construction robots aims to improve efficiency, increase safety, and address labor shortages in the construction sector. Implementing robotics and automation on building sites allows for better security for employees and enables them to perform tasks such as laying bricks, welding steel, and tying rebar. Construction robots are equipped with technologically advanced cameras, motors, sensors, and microcontrollers, which increases robotic efficiency. The market for construction robots is experiencing a robust growth trajectory, propelled by rapid technological advancements such as artificial intelligence (AI), machine learning, and Internet of Things (IoT) integration, making robots more autonomous and efficient, enabling them to take on complex tasks. However, the high cost of construction robots and limited skilled workers hinders market adoption. Governments and market players are expanding their investments and funding activities to reduce human interference from complex and dangerous construction procedures, creating opportunities for market growth.

Regional Insights

The construction robots market shows a highly evolving landscape in the Americas owing to the established industrial sector and increasing application of construction robots in various areas, including commercial buildings, residential buildings, and public infrastructure. Growing urbanization and the wide availability of advanced construction resources have progressed tremendously in the construction industry of the EMEA and the APAC regions. European market vendors are collaborating and expanding operation facilities to meet the growing need for construction robots, which arose due to the increased urbanization and higher adoption of automation in the construction industry. Furthermore, the government has focused on R&D and innovation programs that aim to implement technological change in society, such as introducing human-robot collaboration to support employees in their physical or mobile work, which creates a huge potential demand for construction robots. EMEA & APAC region countries are investing to launch robotics research & funding programs to support developments in various industries and are expected to increase the high adoption of construction robots from industrial sectors.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Construction Robots Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Rapid Urbanization Results in Increasing Construction Projects Worldwide
Increasing Adoption of Construction Robots to Improve Project Efficiency and Safety
Technological Innovations in the Next-Generation Construction Robots

Market Restraints

Relatively High Costs In the Production of the Robots

Market Opportunities

Rapid Adoption of Robotics for 3D Printing in the Construction Sector
Ongoing Investments & Funding for the Adoption of Robots on Construction Sites

Market Challenges

Lack of Expertise in the Maintenance of Robots

Market Segmentation Analysis

Technology: Potential demand for industrial robots to improve productivity
Automation: Proliferating utilization of fully autonomous construction robots
Function: Significant adoption of 3D printing robots to produce complex components and structures
Application: High utilization of construction robots in commercial buildings construction

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Construction Robots Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Construction Robots Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Hyundai E&C, Samsung C&T to jointly establish construction robot ecosystem

Hyundai Engineering & Construction and Samsung C&T Corp.'s construction unit announced they had signed a strategic business agreement to establish an eco-system for construction robots and joint research and development. The increasing demand for automation and sustainable development in the construction industry has been driving the adoption of construction robots in recent years. These specialized machines are designed to perform a variety of tasks, ranging from bricklaying and painting to excavation and demolition. By using construction robots, companies can improve project efficiency, reduce costs, and enhance worker safety.

ABB To Expand Robotics Factory in U.S.

Leading industrial automation firm ABB has announced plans to expand its US factory, signaling the company's growing focus on the growing construction robot market. With an increasingly aging workforce in the construction industry, the need for intelligent, automated machines is more pressing than ever. ABB's expansion of its Auburn Hills, Michigan facility will allow it to better meet the demands of the market, increasing production capabilities for robots that can help with everything from site preparation to transportation of materials. With its cutting-edge technology and commitment to innovation, ABB is well positioned to continue driving growth in the construction robot sector.

Advanced Construction Robotics launches ‘world’s first’ rebar robot

The construction industry has seen a significant transformation in recent years, as robotic technology has become increasingly prevalent on the work site. Advanced Construction Robotics (ACR) is at the forefront of this movement, having recently launched the world's first rebar robot. This revolutionary technology enables the safe and precise placement of steel reinforcement bars, streamlining the construction process and reducing labor costs. ACR's rebar robot is a game-changer for the industry, and its adoption is expected to increase rapidly as developers and construction companies see the benefits of the technology in action. As the demand for more efficient and cost-effective construction methods continues to grow, ACR's innovation is sure to play a significant role in shaping the future of the industry.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Construction Robots Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Construction Robots Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Advanced Construction Robotics, Inc., ANYbotics AG, Apis Cor Inc., Autonomous Solutions, Inc., Boston Dynamics, Inc., Brokk AB, Built Robotics, Canvas Construction Inc., Colena Ltd., Conjet AB, Construction Robotics, CyBe Construction, Dusty Robotics, Exyn Technologies, Fastbrick Robotics Limited, Fujita Corporation, Giant Hydraulic Tech Co., Ltd., HowToRobot, Husqvarna AB, ICON Technology, inc., Kewazo GmbH, KUKA AG, MX3D, nLink AS, Okibo Ltd., Sarcos Technology and Robotics Corporation, SZ DJI Technology Co., Ltd., TopTec Spezialmaschinen GmbH, and ULC Technologies, LLC.

Market Segmentation & Coverage

This research report categorizes the Construction Robots Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology
Drones
Humanoid Laborers
Industrial Robots
Articulated Robots
Cartesian Robots
Collaborative Robots
Self-Driving Construction Vehicles
Automation
Fully Autonomous
Semi-Autonomous
Function
3D Printing Robots
Bricklaying Robots
Demolition Robots
Welding Robots
Application
Commercial Buildings
Public Infrastructure
Residential Buildings
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

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