Construction Robot Market by Type (Traditional, Robotic Arm, and Exoskeleton), Automation, Function, Application (Public Infrastructure, Commercial and Residential Buildings, Nuclear Dismantling and Demolition), and Geography - Global Forecast to 2023
The construction robot market is expected to reach USD 166.4 million by 2023 from USD 76.6 million in 2018, at a CAGR of 16.8% between 2018 and 2023. This growth can be attributed to enhanced productivity, quality, and safety due to the implementation of construction robots and growing urbanization worldwide. However, high equipment cost restricts the growth of the construction robot market.
“Traditional robot held a larger share of the construction robot market in 2017”
Traditional robots accounted for the largest share of the overall construction robot market based on type in 2017. The technologically advanced traditional robots are being used as a replacement for the old construction equipment/machines in most of the construction functions. Also, the traditional robots are serving the similar function as served by heavy construction equipment in an innovative manner, which is leading to the large adoption of these robots by the construction industry.
“The construction robot market for concrete structural erection is expected to grow at a higher CAGR during the forecast period”
The market for the concrete structural erection function is expected to grow at the highest CAGR during the forecast period. The robots designed for the concrete structural erection construct prefabricated concrete components or units that can directly be assembled on site to form an entire building structure. Such automated building of concrete structure with the help of robots has reduced the complexity of the construction operations and is attracting most of the construction firms to adopt robots for this function.
“Public infrastructure held the largest share, in terms of value, of the construction robot market in 2017”
Public infrastructure accounted for the largest share of the construction robot market based on application in 2017. The growth of the market for this application can be attributed to the increasing urbanization worldwide and growing partnerships among construction firms for developing sustainable infrastructure solutions with an aim to improve people’s quality of life.
“Europe was the largest shareholder in 2017, whereas APAC would be the fastest-growing region in the construction robot market during the forecast period”
Europe accounted for a major share of the overall construction robot market in 2017. The largest size of the European construction robot market is attributed to the presence of large facilities of various companies for the development and production of the construction and demolition robots, increasing number of government regulations, and growing need for the residential and non-residential construction projects. The construction robot market in APAC is expected to grow at the highest CAGR between 2018 and 2023. APAC has abundant natural reserves distributed among various countries. The mining and construction is among the top industries in Australia, China, India, Malaysia, and Vietnam. With the growing urbanization and wide availability of natural resources across the region, the mining and construction companies have started using automated equipment, operating software, and communications system to connect and operate on site.
The breakup of primaries conducted during the study is depicted below:
By Company Type: Tier 1 = 55%, Tier 2 = 20%, and Tier 3 = 25%
By Designation: C-Level Executives = 75% and Directors = 25%
By Region: Americas = 10%, Europe = 20%, APAC = 40%, and RoW = 30%
Some key players in the construction robot market include Brokk (Sweden), Husqvarna (Sweden), Ekso Bionics (US), Komatsu (Japan), Fujita (Japan), Construction Robotics (US), Fastbrick Robotics (Australia), Autonomous Solutions (US), Conjet (Sweden), TopTec Spezialmaschinen (Germany), Apis Cor (Russia), nLink (Norway), Yingchuang Building Technique Co. (WinSun) (China), Advanced Construction Robotics (US), MX3D (Netherlands), CyBe Construction (Netherlands), CYBERDYNE (Japan), Giant Hydraulic Tech (China), Alpine Sales and Rental (US), and Beijing Borui Intelligent Control Technology (China).
Factors such as the adoption of 3D printing in the construction industry and rise in automation at construction sites are expected to generate opportunities for the players in the construction robot market.
Research Coverage:
- This report includes the market statistics pertaining to the construction robot type, automation, function, application, and geography, along with their respective market size.
- Major drivers, restraints, opportunities, and challenges pertaining to the construction robot market have been detailed in the report.
- Opportunities in the market have been defined for stakeholders, along with the details of the competitive landscape for the market leaders.
- Strategic profiling of the key players in the construction robot market has been done and players’ ranking has been provided, and core competencies have been comprehensively analyzed.
The report would help leaders/new entrants in the construction robot market in the following ways:
1. This report segments the construction robot market comprehensively and provides the closest market size estimations for segments across different regions.
2. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for the market growth.
3. This report would help stakeholders understand their competitors better and gain insights to improve their position in the business. The competitive landscape section includes the competitor ecosystem, product launches, acquisitions, expansions, partnerships, and collaborations.
1.1 OBJECTIVES OF STUDY
1.2 DEFINITION
1.3 SCOPE OF STUDY
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE OF STUDY
1.3.3 YEARS CONSIDERED FOR STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 MARKET STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET RANKING ESTIMATION
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN CONSTRUCTION ROBOT MARKET
4.2 CONSTRUCTION ROBOT MARKET, BY TYPE
4.3 CONSTRUCTION ROBOT MARKET IN APAC, BY APPLICATION AND COUNTRY
4.4 CONSTRUCTION ROBOT MARKET, BY FUNCTION
4.5 CONSTRUCTION ROBOT MARKET, BY REGION
4.6 GEOGRAPHICAL ANALYSIS OF CONSTRUCTION ROBOT MARKET
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Enhanced productivity, quality, and safety due to the implementation of construction robots
5.2.1.2 Growing urbanization worldwide
5.2.2 RESTRAINTS
5.2.2.1 High equipment cost
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of 3D printing in the construction industry
5.2.3.2 Rise in automation at construction sites
5.2.4 CHALLENGES
5.2.4.1 Unpredictable layout of the construction sites
5.3 VALUE CHAIN ANALYSIS
6 CONSTRUCTION ROBOT MARKET, BY TYPE
6.1 INTRODUCTION
6.2 TRADITIONAL ROBOT
6.3 ROBOTIC ARM
6.4 EXOSKELETON
7 CONSTRUCTION ROBOT MARKET, BY AUTOMATION
7.1 INTRODUCTION
7.2 FULLY AUTONOMOUS
7.3 SEMI-AUTONOMOUS
8 CONSTRUCTION ROBOT MARKET, BY FUNCTION
8.1 INTRODUCTION
8.2 DEMOLITION
8.3 BRICKLAYING
8.4 3D PRINTING
8.5 CONCRETE STRUCTURAL ERECTION
8.6 FINISHING WORK
8.7 DOORS AND WINDOWS INSTALLATION
8.8 OTHERS
9 CONSTRUCTION ROBOT MARKET, BY APPLICATION
9.1 INTRODUCTION
9.2 PUBLIC INFRASTRUCTURE
9.3 COMMERCIAL AND RESIDENTIAL BUILDINGS
9.4 NUCLEAR DISMANTLING AND DEMOLITION
9.5 OTHERS
10 CONSTRUCTION ROBOT MARKET, BY REGION
10.1 INTRODUCTION
10.2 AMERICAS
10.2.1 US
10.2.2 CANADA
10.2.3 MEXICO
10.2.4 SOUTH AMERICA
10.3 EUROPE
10.3.1 UK
10.3.2 GERMANY
10.3.3 FRANCE
10.3.4 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 JAPAN
10.4.2 CHINA
10.4.3 INDIA
10.4.4 SOUTH KOREA
10.4.5 REST OF APAC
10.5 REST OF THE WORLD
10.5.1 MIDDLE EAST
10.5.2 AFRICA
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 MARKET RANKING ANALYSIS
11.3 COMPETITIVE SCENARIO
11.3.1 PRODUCT LAUNCHES AND EXPANSIONS
11.3.2 ACQUISITIONS, PARTNERSHIPS, AND COLLABORATIONS
12 COMPANY PROFILES
12.1 INTRODUCTION
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.2 KEY PLAYERS
12.2.1 BROKK
12.2.2 HUSQVARNA
12.2.3 KOMATSU
12.2.4 EKSO BIONICS
12.2.5 FUJITA
12.2.6 CONSTRUCTION ROBOTICS
12.2.7 FASTBRICK ROBOTICS
12.2.8 AUTONOMOUS SOLUTIONS
12.2.9 CONJET
12.2.10 TOPTEC SPEZIALMASCHINEN
12.3 OTHER KEY PLAYERS
12.3.1 CYBERDYNE
12.3.2 GIANT HYDRAULIC TECH
12.3.3 YINGCHUANG BUILDING TECHNIQUE CO. (WINSUN)
12.3.4 ALPINE SALES AND RENTAL
12.3.5 BEIJING BORUI INTELLIGENT CONTROL TECHNOLOGY
12.4 KEY INNOVATORS
12.4.1 APIS COR
12.4.2 NLINK
12.4.3 ADVANCED CONSTRUCTION ROBOTICS
12.4.4 MX3D
12.4.5 CYBE CONSTRUCTION
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
Table 1 GLOBAL TREND OF URBANIZATION
Table 2 CONSTRUCTION ROBOT MARKET, BY TYPE, 2015–2023 (USD MILLION)
Table 3 CONSTRUCTION ROBOT MARKET, BY TYPE, 2015–2023 (UNITS)
Table 4 CONSTRUCTION ROBOT MARKET FOR TRADITIONAL ROBOTS, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 5 CONSTRUCTION ROBOT MARKET FOR TRADITIONAL ROBOTS, BY AUTOMATION, 2015–2023 (UNITS)
Table 6 CONSTRUCTION ROBOT MARKET FOR ROBOTIC ARM, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 7 CONSTRUCTION ROBOT MARKET FOR ROBOTIC ARM, BY AUTOMATION, 2015–2023 (UNITS)
Table 8 CONSTRUCTION ROBOT MARKET FOR EXOSKELETON, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 9 CONSTRUCTION ROBOT MARKET FOR EXOSKELETON, BY AUTOMATION, 2015–2023 (UNITS)
Table 10 CONSTRUCTION ROBOT MARKET, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 11 CONSTRUCTION ROBOT MARKET, BY AUTOMATION, 2015–2023 (UNITS)
Table 12 FULLY AUTONOMOUS CONSTRUCTION ROBOT MARKET, BY TYPE, 2015–2023 (USD MILLION)
Table 13 FULLY AUTONOMOUS CONSTRUCTION ROBOT MARKET, BY TYPE, 2015–2023 (UNITS)
Table 14 FULLY AUTONOMOUS CONSTRUCTION ROBOT MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 15 FULLY AUTONOMOUS CONSTRUCTION ROBOT MARKET, BY APPLICATION, 2015–2023 (UNITS)
Table 16 SEMI-AUTONOMOUS CONSTRUCTION ROBOT MARKET, BY TYPE, 2015–2023 (USD MILLION)
Table 17 SEMI-AUTONOMOUS CONSTRUCTION ROBOT MARKET, BY TYPE, 2015–2023 (UNITS)
Table 18 SEMI-AUTONOMOUS CONSTRUCTION ROBOT MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 19 SEMI-AUTONOMOUS CONSTRUCTION ROBOT MARKET, BY APPLICATION, 2015–2023 (UNITS)
Table 20 CONSTRUCTION ROBOT MARKET, BY FUNCTION, 2015–2023 (USD MILLION)
Table 21 CONSTRUCTION ROBOT MARKET, BY FUNCTION, 2015–2023 (UNITS)
Table 22 CONSTRUCTION ROBOT MARKET FOR DEMOLITION, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 23 CONSTRUCTION ROBOT MARKET FOR DEMOLITION, BY AUTOMATION, 2015–2023 (UNITS)
Table 24 CONSTRUCTION ROBOT MARKET FOR BRICKLAYING, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 25 CONSTRUCTION ROBOT MARKET FOR BRICKLAYING, BY AUTOMATION, 2015–2023 (UNITS)
Table 26 CONSTRUCTION ROBOT MARKET FOR 3D PRINTING, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 27 CONSTRUCTION ROBOT MARKET FOR 3D PRINTING, BY AUTOMATION, 2015–2023 (UNITS)
Table 28 CONSTRUCTION ROBOT MARKET FOR CONCRETE STRUCTURAL ERECTION, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 29 CONSTRUCTION ROBOT MARKET FOR CONCRETE STRUCTURAL ERECTION, BY AUTOMATION, 2015–2023 (UNITS)
Table 30 CONSTRUCTION ROBOT MARKET FOR FINISHING WORK, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 31 CONSTRUCTION ROBOT MARKET FOR FINISHING WORK, BY AUTOMATION, 2015–2023 (UNITS)
Table 32 CONSTRUCTION ROBOT MARKET FOR DOORS AND WINDOWS INSTALLATION, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 33 CONSTRUCTION ROBOT MARKET FOR DOORS AND WINDOWS INSTALLATION, BY AUTOMATION, 2015–2023 (UNITS)
Table 34 CONSTRUCTION ROBOT MARKET FOR OTHER FUNCTIONS, BY AUTOMATION, 2015–2023 (USD MILLION)
Table 35 CONSTRUCTION ROBOT MARKET FOR OTHER FUNCTIONS, BY AUTOMATION, 2015–2023 (UNITS)
Table 36 CONSTRUCTION ROBOT MARKET, BY APPLICATION, 2015–2023 (USD MILLION)
Table 37 CONSTRUCTION ROBOT MARKET, BY APPLICATION, 2015–2023 (UNITS)
Table 38 CONSTRUCTION ROBOT MARKET FOR PUBLIC INFRASTRUCTURE, BY TYPE, 2015–2023 (USD MILLION)
Table 39 CONSTRUCTION ROBOT MARKET FOR PUBLIC INFRASTRUCTURE, BY TYPE, 2015–2023 (UNITS)
Table 40 CONSTRUCTION ROBOT MARKET FOR COMMERCIAL AND RESIDENTIAL BUILDINGS, BY TYPE, 2015–2023 (USD MILLION)
Table 41 CONSTRUCTION ROBOT MARKET FOR COMMERCIAL AND RESIDENTIAL BUILDINGS, BY TYPE, 2015–2023 (UNITS)
Table 42 CONSTRUCTION ROBOT MARKET FOR NUCLEAR DISMANTLING AND DEMOLITION, BY TYPE, 2015–2023 (USD MILLION)
Table 43 CONSTRUCTION ROBOT MARKET FOR NUCLEAR DISMANTLING AND DEMOLITION, BY TYPE, 2015–2023 (UNITS)
Table 44 CONSTRUCTION ROBOT MARKET FOR OTHER APPLICATIONS, BY TYPE, 2015–2023 (USD MILLION)
Table 45 CONSTRUCTION ROBOT MARKET FOR OTHER APPLICATIONS, BY TYPE, 2015–2023 (UNITS)
Table 46 CONSTRUCTION ROBOT MARKET, BY REGION, 2015–2023 (USD MILLION)
Table 47 CONSTRUCTION ROBOT MARKET, BY REGION, 2015–2023 (UNITS)
Table 48 CONSTRUCTION ROBOT MARKET IN AMERICAS, BY GEOGRAPHY, 2015–2023 (USD MILLION)
Table 49 CONSTRUCTION ROBOT MARKET IN AMERICAS, BY GEOGRAPHY, 2015–2023 (UNITS)
Table 50 CONSTRUCTION ROBOT MARKET IN AMERICAS, BY APPLICATION, 2015–2023 (USD MILLION)
Table 51 CONSTRUCTION ROBOT MARKET IN AMERICAS, BY APPLICATION, 2015–2023 (UNITS)
Table 52 CONSTRUCTION ROBOT MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD MILLION)
Table 53 CONSTRUCTION ROBOT MARKET IN EUROPE, BY COUNTRY, 2015–2023 (UNITS)
Table 54 CONSTRUCTION ROBOT MARKET IN EUROPE, BY APPLICATION, 2015–2023 (USD MILLION)
Table 55 CONSTRUCTION ROBOT MARKET IN EUROPE, BY APPLICATION, 2015–2023 (UNITS)
Table 56 CONSTRUCTION ROBOT MARKET IN APAC, BY COUNTRY, 2015–2023 (USD MILLION)
Table 57 CONSTRUCTION ROBOT MARKET IN APAC, BY COUNTRY, 2015–2023 (UNITS)
Table 58 CONSTRUCTION ROBOT MARKET IN APAC, BY APPLICATION, 2015–2023 (USD MILLION)
Table 59 CONSTRUCTION ROBOT MARKET IN APAC, BY APPLICATION, 2015–2023 (UNITS)
Table 60 CONSTRUCTION ROBOT MARKET IN ROW, BY REGION, 2015–2023 (USD MILLION)
Table 61 CONSTRUCTION ROBOT MARKET IN ROW, BY COUNTRY, 2015–2023 (UNITS)
Table 62 CONSTRUCTION ROBOT MARKET IN ROW, BY APPLICATION, 2015–2023 (USD MILLION)
Table 63 CONSTRUCTION ROBOT MARKET IN ROW, BY APPLICATION, 2015–2023 (UNITS)
Table 64 TOP 5 PLAYERS IN CONSTRUCTION ROBOT MARKET, 2017
Table 65 5 MOST RECENT PRODUCT LAUNCHES AND EXPANSIONS IN CONSTRUCTION ROBOT MARKET
Table 66 5 MOST RECENT ACQUISITIONS, PARTNERSHIPS, AND COLLABORATIONS IN CONSTRUCTION ROBOT MARKET
According to the new market research report on the "Construction Robot Market by Type (Traditional, Robotic Arm, and Exoskeleton), Automation, Function, Application (Public Infrastructure, Commercial and Residential Buildings, Nuclear Dismantling and Demolition), and Geography - Global Forecast to 2023", the construction robot market is valued at USD 76.6 Million in 2018 and is expected to reach USD 166.4 Million by 2023, at a CAGR of 16.8% between 2018 and 2023. The market is mainly driven by the factors such as enhanced productivity, quality, and safety due to the implementation of construction robots and growing urbanization worldwide.
Key players in the market are:
- Brokk (Sweden),
- Husqvarna (Sweden),
- Ekso Bionics (US),
- Komatsu (Japan),
- Fujita (Japan),
- Construction Robotics (US),
- Fastbrick Robotics (Australia),
- Autonomous Solutions (US),
- Conjet (Sweden),
- TopTec Spezialmaschinen (Germany),
- Apis Cor (Russia),
- nLink (Norway),
- Yingchuang Building Technique Co. (WinSun) (China),
- Advanced Construction Robotics (US),
- MX3D (Netherlands),
- CyBe Construction (Netherlands),
- CYBERDYNE (Japan),
- Giant Hydraulic Tech (China),
- Alpine Sales and Rental (US), and
- Beijing Borui Intelligent Control Technology (China).
The report profiles the most promising players in the market. The competitive landscape of the market is highly dynamic because of the presence of a significant number of big and small players operating in it.
Construction robot market for exoskeleton to grow at highest CAGR during forecast period
The market for exoskeleton is expected to grow at the highest CAGR during the forecast period. The high growth of this segment can be attributed to the fact that most of the construction companies are expected to adopt exoskeletons for their workers to address the issue of labor shortage. The deployment of exoskeletons is likely to help workers to perform heavy work easily; hence, the use of exoskeleton is expected to improve work environment at construction sites.
Semi-autonomous construction robots held larger share of overall market in 2017
The semi-autonomous construction robots held a larger share of ~67.1% of the overall construction robot market in 2017. The need for broader and more efficient infrastructure, and improved infrastructure monitoring for predictive and corrective maintenance are the factors driving the market for the semi-autonomous construction robots.
Europe is major consumer of construction robots
Europe accounted for a major share of the overall construction robot market in 2017. The largest size of the European construction robot market is attributed to the large facilities of various companies for the development and production of the construction and demolition robots, increasing number of government regulations, and growing need for the residential and non-residential construction projects. Also, the European construction market is expected to grow tremendously in the coming years. The high rate of industrialization has increased the extent of construction activities in the region, leading to increasing demand for advanced construction equipment, such as robots.