Construction Robots are robots used in the construction industry to help complete dangerous and labor intensive tasks. They allow projects to be completed quickly, with increased accuracy and safety and with reduced costs. Examples of construction robots include robot bricklayers, operating multi-ton excavators, welding and demolition robots.
Construction robots are gaining traction globally due to their efficiency, precision, and cost-effectiveness. For example, they are used in China for bridge building, in Australia for site surveying, in United Kingdom for bricklaying, and in the US for asphalt placing and demolition. Going forward, there is a potential for them to make an even bigger impact in the construction industry, as more and more companies and countries recognize the potential of these robots.
The global Construction Robots market was valued at US$ 297 million in 2022 and is anticipated to reach US$ 476.4 million by 2029, witnessing a CAGR of 6.9% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Construction Robots Market available at: https://www.themarketreports.com/report/global-construction-robots-market-research-report
This report aims to provide a comprehensive presentation of the global market for Construction Robots, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Construction Robots.
Global Construction Robots key players include Brokk AB, TopTec, Conjet AB, Husqvarna, Giant Hydraulic Tech, etc. Global top five manufacturers hold a share about 85%. Europe is the largest market, with a share about 90%, followed by China and Japan, total with a share about 5 percent. In terms of product, Demolition Robots is the largest segment, with a share about 90%. And in terms of application, the largest application is Metallurgical Industry, followed by Construction and Cement, Mining, and Emergency Rescue.
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