Global Construction Robotics Market to Achieve Limelight with Increasing Replacement of Old Construction Machines

Published On : 04 Oct 2018

The global construction robotics market is predicted to increase growth on the back of rising urbanization and construction activities across the world. The use of construction robotics could increase due to growing awareness about improved safety, quality, and productivity of construction robots. Conventional construction robots are expected to stay prominent in the global construction robotics market. Old construction machines are being increasingly replaced by technologically advanced construction robots. This is expected to bode well for the global construction robotics market. There could be a large adoption of construction robotics as conventional construction robots can take up the work of heavy construction equipment in an innovative manner.

The global construction robotics market is anticipated to expand at a 10.8% CAGR between 2018 and 2025 to achieve a valuation of US$450 mn by the end of the forecast period. In 2017, the global construction robotics market was valued at a US$200 mn.

Demolition Construction Robots to Obtain King’s Share in Near Future

There are different types of models available in the global construction robotics market. Among them, demolition construction robots are foreseen to collect a stronger share of the global construction robotics market in the near future. On the other hand, construction robots used for concrete structural erection could show a quicker rise in the global construction robotics market. Building construction robots are also foretold to make contribution to the global construction robotics market.

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With respect to automation, the global construction robotics market is projected to witness the lead secured by semi-autonomous construction robots in terms of demand. Such robots could gather pace in the global construction robotics market with the rising need for enhanced, more efficient, and broader infrastructure monitoring for corrective and predictive maintenance. Furthermore, their ability to integrate with conventional construction machines is forecast to help them attract a whole lot of demand in the coming years.

North America and Europe to Dominate Global Construction Robotics Market

On the basis of application, the global construction robotics market could see a classification into emergency rescue, mining, construction and cement, and metallurgical industry. Public infrastructure is one application that could bag a handsome share of the global construction robotics market. However, nuclear demolition and dismantling is envisaged to grow at a faster rate in the global construction robotics market. The need to protect human operators from radiation in nuclear decommissioning and eliminate their presence at hazardous sites could support the growth of the nuclear demolition and dismantling application.

Regionally, North America and Europe are envisioned to take the driver’s seat of the global construction robotics market in the foreseeable future. Japan and China could play a significant role in the rise in the global construction robotics market. This could be because of the presence of more players and vibrant nature of these country-wise construction robotics markets.

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