Construction Robots Market Analysis | 2023-2029

“The Construction Robots Market is expected to grow from USD 155.41 million in 2022 to USD 327.94 million by 2029 at a CAGR of 11.3% during the forecast period”.

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Market Dynamics

Introduction

Construction robots are robotic systems designed to perform tasks in the construction industry, from building and assembly to demolition and excavation. These robots are typically equipped with sensors, cameras, and other technologies that enable them to navigate and operate in complex and dynamic environments. Construction robots can be used for a wide range of applications, from bricklaying and concrete pouring to welding and demolition. They can be programmed to perform tasks with a high level of precision and consistency, reducing the risk of human error and improving overall efficiency.

One of the key benefits of construction robots is their ability to improve safety in the construction industry. They can be used to perform tasks that are dangerous or difficult for humans to perform, reducing the risk of accidents and injuries on construction sites. As technology continues to advance, the potential applications for construction robots are expected to grow, making them an increasingly important part of the construction industry.

Market Drivers: Increasing urbanization worldwide

The demand for construction equipment is largely driven by the increasing population, which has been further accelerated by the global trend of rural-to-urban migration. According to the United Nations Population Division, the world's population is predicted to reach 9.5 billion by 2050, with at least 64% of it residing in urban areas.

In recent years, the construction industry in the Asia Pacific region, which includes emerging markets like India and China, has made significant progress. By 2050, Asian cities are projected to house 52% of the world's urban population, creating the largest workforce.

Market Restraints: High equipment cost

The construction robot industry encounters a major obstacle in the form of high capital requirements. Providers of heavy construction equipment are required to make significant investments in both the purchase and maintenance of the machinery. These providers must maintain a balance between equipment requirements and their ability to generate profits or obtain financing, as this is essential for survival and growth in the construction industry.

The high cost of investment also creates a barrier to entry into the market, which limits the demand for equipment and leads to reduced opportunities for price reductions due to the low economies of scale.

Opportunity: Increasing adoption of automation at construction sites

The construction industry is on the brink of a revolution with the increasing adoption of automation at construction sites, which presents significant opportunities for construction robots. Automation is becoming more prevalent in all areas of construction and has led to the development of automated and robotized construction systems that offer a flexible way of building and operating facilities.

The growing popularity of robotic automation in various sectors such as masonry prefabrication, construction, precast concrete, timber construction, and steel component production has attracted many new players to the construction robot industry. Some companies, including Fastbrick Robotics (Australia) and Construction Robotics (US), have already entered the market with their autonomous bricklaying solutions for masonry prefabrication, which can be used directly on construction sites.

Prefabricated brickwork is gaining significant traction as it eliminates the need for manual labor and greatly increases productivity. In addition, mining, tunneling, earthworks, road construction, and other construction sites are highly automated, with a high level of accuracy in tasks such as excavation, setting molds, placing reinforcement bars, and distributing concrete. Automation also allows for on-site production of construction materials such as cement, steel, aluminum, glass, and wood, making the construction process more flexible and adaptable with the use of robots.

Recent Developments

• In October 2022, Brokk introduced the Brokk Surface Grinder 530 attachment for removing material, such as surface preparation and polishing on walls, paint and asbestos, floors, and ceilings in renovation and restoration applications.
• In December 2022, Husqvarna enhanced its offer to demolition professionals with the launch of a new range of demolition robots such as DXR 145, DXR 275, DXR 305, and DXR 315 which are more powerful and allow users to get more demolition work done, faster and efficiently.
• In December 2022, Fastbrick Robotics introduced the newest version of the Hadrian X which can complete both the internal and external walls of a standard double brick house in just one day. This robot has also been fitted out with a ‘shuttle block delivery system.

Segments Analysis

By Function Type

“The concrete structural erection function to grow at the highest CAGR over the forecast period”. 

The market is segmented into demolition, bricklaying, 3D printing, concrete structural erection, finishing work, doors and windows installation. The growth rate for concrete structural erection is anticipated to be the highest among all functions during the forecast period. Robots that are specifically designed for erecting concrete structures construct prefabricated concrete components or units that can be assembled on-site to form an entire building structure. The use of robots for the automated erection of concrete structures has simplified construction operations, which is why many construction firms are adopting this technology.

By Application Type

“The nuclear dismantling and demolition segment is expected to see the highest CAGR over the forecast period”.

The market is segmented into public infrastructure, commercial and residential buildings, nuclear dismantling, and demolition. The construction robot market for nuclear dismantling and demolition is anticipated to experience the highest compound annual growth rate (CAGR) between 2023 and 2029. This growth is primarily driven by the need to eliminate the presence of human operators in hazardous areas and protect them from radiation during nuclear decommissioning.

Construction robot companies have incorporated various features in demolition robots, which facilitate easy access, promote safety, and increase efficiency in confined spaces. These advantages make them more beneficial than handheld breakers or other substitutes used for demolition purposes.

Regional Analysis

“Asia Pacific market is anticipated to achieve the highest CAGR during 2023-2029”.

The market is broken down geographically into areas, namely North America, Europe, Asia-Pacific, and the Rest of the World (RoW). During the forecast period, the market in Asia Pacific is expected to experience the highest CAGR. This is due to the region's abundance of natural reserves distributed among various countries, with mining and construction being among the top industries in Australia, China, India, Malaysia, and Vietnam. With increasing urbanization and the wide availability of natural resources throughout the region, mining, and construction companies have begun to use automated equipment, operating software, and communication systems to connect and operate on-site.

Additionally, the presence of a large number of robotic manufacturing companies in China and Japan and the high growth rate of the market for 3D printers for advanced construction are driving the growth of the construction robot market in the Asia-Pacific.

Key Players

The following are the key players in the Construction Robots Market (arranged alphabetically)

• Advanced Construction Robotics (US)
• Alpine Sales and Rental (US)
• Apis Cor (Russia)
• Autonomous Solutions (US)
• Beijing Borui Intelligent Control Technology (China)
• Brokk (Sweden)
• CYBERDYNE (Japan)
• Conjet (Sweden)
• Construction Robotics (US)
• CyBe Construction (Netherlands)
• Ekso Bionics (US)
• Fastbrick Robotics (Australia)
• Fujita (Japan)
• Giant Hydraulic Tech (China)
• Husqvarna (Sweden)
• Komatsu (Japan)
• MXD (Netherlands)
• nLink (Norway)
• TopTec Spezialmaschinen (Germany)
• Yingchuang Building Technique Co. (WinSun) (China)

Note: The above list does not necessarily include all the top players in the market.

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We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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