Construction Robotics Market Competitive Industry Scenario till 2028

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The global construction robotics market experienced a robust growth in 2020, and this trend is expected to continue in the coming years with a steady revenue Compound Annual Growth Rate (CAGR). This growth is driven by the increasing urbanization, the penetration of automation, and the growth of construction and demolition operations. Government investments in infrastructure development projects, such as roads, highways, and bridges, are also driving the demand for construction robotics, supporting the market revenue growth. Construction robots are mainly used in situations when work procedures are repeated, and they can handle tasks such as exterior finishing, steel placement, masonry wall building, and reinforced concrete. They are utilized to boost productivity while lowering costs and shortening building time. Additionally, construction robotics helps prevent errors caused by human factors and improves worker security and safety in perilous working conditions. However, the growth of the market is hampered by several unfavorable factors, including construction sites being difficult for robots to navigate due to complexity and judgments involved. Investing in robotics also entails significant initial costs, including substantial R&D expenditure, which restrains market growth to some extent. Opportunities for players operating in the global construction robotics market include integrating robots with developing technologies, such as Building Information Modeling (BIM) and Computer-Aided Manufacturing (CAM), which can result in more affordable and flexible systems. In terms of revenue share, the demolition segment is expected to account for the largest revenue share over the forecast period, and the North American market emerged as the largest market for global construction robotics in 2020, with the highest revenue share. The Asia-Pacific market is expected to register the fastest growth in CAGR over the forecast period, driven by significant increases in construction activities, particularly in developing nations such as China, Malaysia, India, and Indonesia.

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Construction Robotics Market: Notable innovation

1.      Autonomous bulldozers and excavators: Companies such as Caterpillar and Komatsu have developed autonomous bulldozers and excavators that can operate without a human operator. These machines are equipped with sensors and cameras to navigate construction sites and avoid obstacles. This technology helps increase efficiency and safety on construction sites.

2.      Robotic masonry: Companies like Construction Robotics have developed a brick-laying robot called SAM (Semi-Automated Mason) that can lay bricks at a rate of up to 3,000 per day. This technology helps reduce the need for manual labor and increases the speed and precision of bricklaying.

3.      3D printing: 3D printing technology is being used to create building components such as walls, floors, and roofs. This technology allows for greater design flexibility and reduces waste by only using the material needed to create the component.

4.      Drones: Drones are being used on construction sites to survey the area and monitor progress. They can also be used to inspect hard-to-reach areas, such as rooftops and bridges, for damage or maintenance needs.

5.      Robotic exoskeletons: Exoskeletons are wearable devices that help workers lift heavy objects or perform repetitive tasks. Companies like Ekso Bionics have developed exoskeletons specifically for the construction industry to help reduce the risk of worker injury and fatigue.

These are just a few examples of the notable innovations in the construction robotics market. As technology continues to evolve, we can expect to see even more advancements in this industry.

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