Sun. Sep 24th, 2023
    Construction Robotics Market Expected to Grow at a CAGR of 16.47% by 2028

    The global Construction Robotics market is showing great potential for growth in the next five years. With the rising adoption of strategies by key manufacturers, the market is expected to rise significantly over the projected horizon. In 2022, the market was estimated at USD 261.83 million and is anticipated to reach USD 653.58 million by 2028, with a compound annual growth rate (CAGR) of 16.47%.

    Construction robots are primarily used for basic tasks in construction and civil engineering projects. These tasks include concrete pouring, construction, trimming, demolition, drilling, tunneling, and inspection, among others. The market report covers a research time span from 2018 to 2028 and provides a deep and comprehensive analysis of the global Construction Robotics market.

    The report analyzes the market by type, which includes fully autonomous robots and semi-autonomous robots. It also analyzes the market by application, which includes commercial buildings, residential buildings, public infrastructure, and others. The report provides a systematic description of the status quo and trends of the whole market, a close look into the competitive landscape of major players, and a detailed elaboration on segment markets by type, application, and region.

    Regions covered in the report include North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The report evaluates the feasibility of new investment projects and provides overall research conclusions. It also includes an analysis of market trends, development, and marketing channels in the global Construction Robotics market.

    Overall, the Construction Robotics market is expected to experience significant growth in the coming years. With the increasing use of Construction Robotics products in various sectors, such as mining, the market is set to expand further.

    – Construction Robotics Market Size, Share, Growth Report 2023-2030
    – Industry Research Biz