About Fully Autonomous Construction Robot
A fully autonomous construction robot is the robotic technology emerging in the construction industry with numerous advantages. The demand for automated processes for increasing productivity and efficiency with maximum resource optimization is driving the construction robot market. The construction robots can be of various types such as cartesian robots, robotic arm, humanoid robots, and many others for various construction applications and demand like demolition, 3D printing, bricklaying, dismantling, etc.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Brokk AB (Sweden), Husqvarna AB (Sweden), Fujita Corporation (Japan), Construction Robotics (United States), Ekso Bionics Holdings Inc. (United States), TopTec Spezialmaschinen GmbH (Germany), AMP Robotics (United States), FBR Ltd. (Fastbrick Robotics) (Australia), Clearpath Robotics Inc. (Canada) and Giant Hydraulic Tech Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fully Autonomous Construction Robot market by Type (Cartesian Robots, Robotic Arm (SCARA), Humanoid Robots, Delta Robots and Others), Application (Demolition, 3D Printing, Brick Laying, Nuclear Dismantling and Others) and Region.
On the basis of geography, the market of Fully Autonomous Construction Robot has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. LIDAR Sensor (Laser Radar) will boost the Fully Autonomous Construction Robot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. OEM (Original Equipment Manufacturer) will boost the Fully Autonomous Construction Robot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Fully Autonomous Construction Robots for 3D Printing and Continuous Technological Advancements in Robotics Systems used in Construction Industry
Market Growth Drivers:
Growing construction activities across the world along with effective and efficiency with increased productivity. The fully autonomous construction robot assists the human workers with their automated systems and intelligence reducing human errors in the construction industry growth in developing countries.
Restraints:
Stringent Regulatory Guidelines might be the Hindrance and High Initial Investment Cost of Fully Autonomous Construction Robots
Opportunities:
Increasing Construction of Commercial Spaces in Developing Regions and Government Support and Investment will Boost the Market
Market Leaders and their expansionary development strategies
In January 2023, Built Robotics, the inventor of the robotic Exosystem™ and leader in construction autonomy, acquired of Roin Technologies, the makers of the first automated concrete power trowel. The acquisition will grow the capabilities of Built's engineering team and accelerate key technological developments to expand automation beyond construction into new applications and markets
On 12th March 2019, AMP Robotics and Ryohshin Co. which is a leader in waste management technology in Japan announced their partnership to create and sell the AI-driven industrial robotics for material recovery in Japanese Construction and Demolition market. Ryohshin and AMP co-developed a groundbreaking robotic system using the AMP Neuron AI platform to guide high-performance robots that recognize, sort, pick and process C&D debris for recycling. The two C&D robotic systems are called ‘AI-Benkei’ and ‘AI-Musashi’.
Key Target Audience
Fully Autonomous Construction Robot Manufacturers, Fully Autonomous Construction Robot International Traders, Fully Autonomous Construction Robot Distributors and Suppliers, Research and Development Institutes, Potential Investors, Industry Associations, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.