The construction robot market is projected to grow at a considerable CAGR of more than 12% during the forecast period (2020-2026). The significant rise in the demand for automation in the construction industry is a key factor that is anticipated to drive the global construction robot market. Traditional construction activities such as material handling, dispensing, welding, packing, cutting and packing can be fully automated by the use of robotic technology. Along with automation of different tasks lower operating costs, improved efficiency on repeatable tasks, on-demand and custom development, wearables, augmentation and automation, and easy maintenance of logistics are the other benefits that the construction robots offer. According to the US Bureau of Labor Statistics, nearly 200,000 construction jobs were left unfulfilled by February 2017. The construction industry involves a lot of tasks related to manual labor the shortage of manual labor across different countries is further anticipated to create demand for the construction robot market.

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Moreover, the rising investments in the constructional activities and real estate along with the supportive government & private funding for the infrastructure development are expected to positively affect the construction robot market across the globe during the forecast period. For instance, in the US according to Associated General Contractors of America (AGC), the construction spending totaled at around $1.3 trillion in January 2019 at a seasonally adjusted annual rate, a 1.3% increase from construction spending in December 2018 and around 0.3% gain from January 2018. However, the high cost of implementation along with the unpredictable layout of the construction sites is one of the key factors that may restrain the growth of the global construction robot market.

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Global Construction Robots Market Segmentation

By Function

Demolition

Bricklaying

3D Printing

Others

By Autonomous Type

Fully Autonomous

Semi-Autonomous

By Application

Public Infrastructure

Commercial and Residential

Others

Regional Analysis

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Advanced Construction Robotics, Inc.

AngelList Holdings, LLC

Apis Cor Engineering, LLC

Autonomous Solutions, Inc.

Blueprint Robotics, Inc.

Branch Technology

Brokk AB

Built Robotics, Inc.

COBOD International A/S

Conjet AB

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