The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Construction Robots Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Construction Robots Industry (2023-2028):

According to the latest report, The Construction Robots Market is projected to grow at a CAGR of around 16.8% during the forecast period, i.e., 2023-28. The report demonstrates the prominent factors propelling the exponential growth of the Construction Robots industry.

Key Takeaways: Beneficial for Stakeholders and Clients:

• Historical Data: 2019-22
• Base Year: 2023
• Forecast Period: 2023-28
• CAGR (2023-2028): 16.8%

What are the major Driver the Construction Robots industry?

Surging Construction of Residential & Commercial Buildings - The development of construction robots inbuilt with smart technologies such as AI, sensors, scanners, etc., has reduced the time for construction activities. Thus, construction companies are now inclined toward construction robot equipment for doing activities such as bricklaying, 3D printing, demolition, etc. In addition, the increase in population and surging tourists have led to the growth in the construction of residential buildings and hotels across the globe.

Moreover, the surging investment by the governments for the expansion of public infrastructure such as roads, rail lines, metro, etc. has augmented the demand for construction robots. Hence, the rising construction activities through the expansion of residential & commercial buildings and infrastructures across regions would beef up the market of Global Construction Robots during the forecasted period. For instance:

In 2021, Infrastructure Australia (IA) released its infrastructure priority list that included around 44 new infrastructure proposals to expand road & social infrastructures.

In 2021, Jin Jiang International opened a hotel in China which is one of the highest hotels in the world- The J Hotel. The hotel features 165 rooms including 34 suites room, 24/7 personal butler service, an indoor swimming pool, and other facilities.

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Construction Robots Market Segmentation

The Construction Robots Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• 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

As per the regional aspect, the Construction Robots Market is expected to be dominated by North America by capturing the potential market share.

Explore further details about this research report - https://www.marknteladvisors.com/research-library/construction-robots-market.html

Top Companies in the Construction Robots Market

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

Others Reports:

Global Construction Robots Industry Recent Developments

2019: Brokk Global introduced the new Brokk 300 which has around 40% more demolition power than the previous Brokk 280. The product also includes Brokk SmartConcept technology for improved power management and ergonomics.

2017: Built Robotics entered into a partnership with a construction giant company ‘Mortenson’ for deploying their first self-driving track loader on their construction sites.

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