Sun. Sep 24th, 2023
    The Growing Market for Construction Robotics: A Comprehensive Overview

    The construction industry has witnessed a significant transformation with the advent of robotics and automation. The Construction Robotics Market Report 2023 provides valuable insights into this dynamic market, offering a comprehensive overview of its present condition, size, volume, and market share. Understanding the dynamics of this market is essential for businesses and marketers, and this report aims to guide them in making informed decisions.

    The report explores key trends, market segmentations by types (fully autonomous robots, semi-autonomous robots) and applications (commercial buildings, residential buildings, public infrastructure, others), driving components, regional analysis, and the overall scope of the market. It goes beyond mere data and statistics and serves as a strategic navigation tool.

    According to the report, the global Construction Robotics market size was valued at USD 261.83 million in 2022 and is expected to expand at a CAGR of 16.47% during the forecast period, reaching USD 653.58 million by 2028. Construction robots are primarily used for basic tasks in construction and civil engineering projects, including concrete pouring, construction, joining, attachment, coating, trimming, drilling, and more.

    The report also highlights key industry players such as Conjet AB, Brokk AB, Husqvarna, Beijing Borui Intelligent Control Technology, and Giant Hydraulic Tech, among others. It includes market trends, competitive landscape, consumer behavior, market segmentation, market forecast, regional analysis, and technological advancements.

    The COVID-19 pandemic and the Russia-Ukraine war have greatly impacted the global supply chain relationship and raw material prices. The report takes these factors into consideration and provides a detailed analysis of their impact on the Construction Robotics Market.

    In conclusion, the Construction Robotics Market is experiencing rapid growth and offers numerous opportunities for businesses. By leveraging the insights provided in this report, organizations can make well-informed decisions, identify emerging opportunities, and navigate market risks effectively.

    Sources: Construction Robotics Market Report 2023, Absolute Reports.