Construction Robots Market - Industry Trends and Forecast to 2028

MarkNtel Advisors, a prominent market research firm, has recently published a report titled Construction Robots Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028. This study offers an in-depth examination of the industry, encompassing Construction Robots market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.

Construction Robots Reports Highlights

What is the size of the Construction Robots Market?

The Global Construction Robots Market is projected to grow at a CAGR of around 16.8% during the forecast period, i.e., 2023-28, owing to the rising construction of residential, commercial, and public infrastructures. The adoption of construction robots has resulted in the displacement of humans from the construction workforce.

What do the growth prospects and trends look like in the Construction Robots Industry?

High Acquisition & Maintenance Costs - The huge cost associated with the acquisition of robotics construction equipment has been one of the major challenges associated with this market. The development of robotics equipment includes the integration of technology and sensors in an autonomous equipment vehicle which is prone to high cost. The procurement and deployment of technologies in the vehicle are expensive, thus it has only been adopted by companies with significant turnover such as Brokk.

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What Components are encompassed within Construction Robots Market segmentation?

The report has divided the market into the following segments:

By Application

-Demolition

-3D Printing

-Bricklaying

-Others (Material Handling, Surveillance, Masonry, etc.)

By End-User

-Public Infrastructure

-Commercial

-Residential

By Sales Type

-New Sales

-Aftermarket

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

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Who are the Primary Companies or Entities active in the Industry?

The report covers the major market players including:

-Brokk Global

-Conjet AB

-Husqvarna Group

-Construction Robotics LLC

-Fastbrick Robotics Ltd

-Dusty Robotics

-Apis Cor

-COBOD International AS

-Fujita

-Ekso Bionics

-Autonomous Solutions

-TopTec Spezialmaschinen

-Built Robotics Inc.

-DJI

-Branch Technology

-Others.

About Us-

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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