Construction Robot Market

Construction Robot Market Outlook (2023 to 2033)

The global construction robot market, as detailed in the Fact.MR report, generated sales amounting to US$ 173 billion in 2022. During the assessment period (2023 to 2033), sales of autonomous construction equipment are predicted to rise at a CAGR of 16.6%, culminating in a market size of US$ 936 billion by the end of 2033.

Integration of automation technologies and robotics to improve productivity, safety, and efficiency on construction sites is projected to lead to a significant evolution of construction robots. They are specifically designed to perform multiple tasks, which are conventionally carried out through human laborers, and offer multiple promising solutions to address issues in the construction market.

Key Market Growth Drivers

• Shortage of skilled personnel in some areas of the construction sector is leading to growing interest in robotics and automation to fill the gap.
• Construction robots are capable of completing tasks consistently and quickly compared to human labor, which is predicted to further result in increased overall productivity and efficiency on construction sites.

Growing concentration of various construction organizations to reduce the wastage of building materials and resources during construction activities is predicted to boost the adoption of robotic construction machinery. The traditional construction process results in the excessive wastage of materials.

Deployment of robotics in the construction sector is anticipated to eliminate and mitigate the chances of risks of human conflicts and errors. Robots enhance productivity and are more practical while operating in hazardous environments. Improved precision, efficiency, and accuracy along with time-saving are some other key benefits of deploying construction robots.

• Hadrian X is one such great example of construction robot technology. This bricklaying automated machine can build walls of the house with an appropriate calculation of required materials and movements without any requirement for supervision.
• Global sales of traditional robots are projected to advance at a CAGR of 15.4% and reach US$ 315.5 billion by the end of 2033.
• The construction robot market in China is forecasted to expand at 16% CAGR and reach a value of US$ 101 billion by 2033-end.

Report Attributes	Details
Construction Robot Market Size (2022A)	US$ 173 Billion
Estimated Market Value (2023E)	US$ 201.3 Billion
Forecasted Market Value (2033F)	US$ 936 Billion
Global Market Growth Rate (2023 to 2033)	16.6% CAGR
United States Market Value (2022)	US$ 52.3 Billion
Sales of Traditional Robots (2033)	US$ 315.5 Billion
Japan Market Growth Rate (2023 to 2033)	14.6% CAGR
Germany Market Growth Rate (2023 to 2033)	12.2% CAGR
Key Companies Profiled	Advanced Construction Robotics, Inc. Apis Cor. Alpine Sales & Rental Corp. Autonomous Solutions, Inc. Brokk, Inc. Beijing Borui Intelligent Control Technology Co. Ltd. Conjet AB Cybe Construction BV Construction Robotics Cyberdyne, Inc. Fastbrick Robotics Ltd. Ekso Bionics Fujita corporation Husqvarna AB Giant Hydraulic Tech Co., Ltd. Komatsu Ltd. nLink AS MX3D B.V. TopTec Spezialmaschinen GmbH Ying Chuang Building Tech Co., Ltd.

What is Contributing to High Demand for Construction Robots?

“Increasing Investments in Automation in Construction Industry”

Over the past few years, urbanization has been pacing up across the world.

• According to the World Bank, about 55% of the global population is situated in cities currently. The same population is projected to double by 2050. It is forecasted that about 7 out of 10 people will be residing in cities by the end of 2050.

Rapid urbanization is predicted to bring challenges, including meeting the growing demand for affordable housing, well-connected transport systems, and some other elementary requirements for living. Prominent economies are planning to build more housing solutions to control the prices of homes in urban cities to make housing affordable for lower-income citizens.

Growing demand for housing solutions and infrastructure in growing economies is projected to accelerate the investment in multiple construction technologies and the adoption of robotized construction facilities is one such initiative.

“Rising Adoption of Robots for Worker Safety and Cost Reduction”

Governments from various countries around the world are implementing stringent norms and regulations that construction industries and equipment vendors are predicted to adhere to make construction sites and workplaces safe. Further, the construction industry is subject to strict regulations because of several safety constraints because of its susceptibility to accidents.

Efforts are taken by many governments to protect workers in difficult and harsh situations. Adoption of robots in such areas is projected to reduce costs related to workers’ safety and thus scale up opportunities for players.

What Concerns Do Construction Robot Manufacturers Need to Watch Out For?

“High Initial Investments Limiting Adoption of Construction Robots”

The high costs related to acquiring and maintaining technologies, including construction robots are estimated to create challenges for their implementation. The purchase and performance of technologies are predicted to increase the overall cost of production. Thus, only companies with robust market competition and substantial turnovers can afford to invest in construction robot technology. This is projected to restrain the adoption of construction robots by small-scale users.

What Initiatives are Start-ups Taking to Boost Their Sales and Profit Margins?

“Focus on Customization of Construction Robots for Specialized Tasks”

New entrants are predicted to spend on the development of specialized construction robots, which are tailored to specific tasks, including complex architectural features, bridge construction, and tunneling. In addition, start-ups can also concentrate on developing robots that can optimize material use in different construction projects.

Country-wise Insights

Asia Pacific held 30% of the global construction robot market share revenue in 2022, owing to the rising adoption of robotic tools and automation. Further, increased spending on construction projects in the region is also projected to cushion demand for construction robots.

Europe and North America are projected to contribute a significant share of the global market revenue. This increased demand for construction robots is attributed to rapid urbanization, which is generating demand for household facilities. The launch of various innovative robots to cater to the requirements of the construction industry is driving opportunities.

For instance:

• The Population Reference Bureau published the World Population Data Sheet in 2021. According to this sheet, about 82.1% of the population from North America was living in cities.

Why is the United States Projected to Be a Key Market in This Space?

“Increased Government Expenditure on Construction Activities”

The U.S. construction robot market was valued at US$ 52.3 billion in 2022. Initiatives taken by many governments as well as non-government organizations for infrastructure development are forecasted to boost the demand for robotic automation across the construction sector. Construction robots ensure optimized services with reduced chances of errors. Moreover, increased government expenditure on construction activities is also predicted to result in intense competition among players.

Which Countries in Europe are Lucrative Markets for Construction Robot Manufacturers?

“AI-Powered Robots Ensuring Efficient Construction in Germany and United Kingdom”

Sales of construction robots in Germany are projected to expand at a CAGR of 12.2% from 2023 to 2033, as per a study published by Fact.MR, a market research and competitive intelligence provider. The United Kingdom market is estimated to expand rapidly, whereas Germany is predicted to hold a significant revenue share of the market in Europe.

Rising use of robots and similar forms of automated technology for the efficient conduction of construction processes is boosting their sales. In addition, construction robots in Germany can leverage cutting-edge technologies, including automation, sensors, and artificial intelligence to align with the technological advancements of the country.

Why are Japan and China Attracting Construction Robot Companies?

“Rising R&D Efforts to Develop Advanced Construction Robots”

Demand for construction robot technology in China is predicted to advance at a 16% CAGR and reach a worth of US$ 101 billion by 2033-end. Furthermore, the Japanese market is forecasted to expand at a prolific CAGR of 14.6% through 2033.

Growing R&D efforts for the development of advanced construction robots, the proliferation of several 3D-printed homes, and the increasing count of people residing in urban areas are forecasted to propel demand for construction industry robotics due to convenience and time-saving features in infrastructure projects.

Category-wise Insights

Worldwide demand for traditional robots is forecasted to fare at a 15.4% CAGR and reach a value of US$ 315.5 billion by 2033-end. These high sales are attributed to an increasing inclination toward traditional robots to automate construction activities. Moreover, global demand for construction robots for demolition purposes is projected to increase at a 13.1% CAGR owing to the ensured safety offered by these assistants.

Which Type of Construction Robot Accounts for Higher Sales?

“Rising Awareness about Benefits of Traditional Robots”

Worldwide sales of traditional robots are predicted to increase at a CAGR of 15.4% and reach US$ 315.5 billion by 2033. Rising awareness about the benefits of the adoption of robotic automation in the construction sector is predicted to boost the demand for multiple innovative construction robots. Further, innovative robotics are launched by players to match the evolving requirements of the construction sector.

For instance:

• Built Robotics, in October 2022, launched its Exosystem platform across the European market. This system is capable of transforming excavators into autonomous robots.

Which Functional Application of Construction Robots is Generating Revenue Streams?

“High Demand for Demolition Robots with Advanced Safety Features”

Based on function, worldwide demand in construction robots market for demolition purposes is predicted to increase at a CAGR of 13.1% through 2033. There are multiple advantages associated with the use of demolition robots, including safety as human operators can stay at a safe distance. Many companies are incorporating product innovation strategies to bring advancements in these robots’ designs.

For instance:

• In September 2020, Brokk Inc. developed high-end customization for its robotic machines to improve their lifespan and performance in metal processing and similar high-temperature applications.

Market Competition

Suppliers of construction robots are adopting multiple strategies to gain a competitive edge, including new developments, ensuring quality control of products, management of supply chain systems, etc. Partnerships, collaborations, innovations, etc. are undertaken by prominent players to expand their footprints and sustain in the competitive environment.

For instance:

• Exyn Technologies, in November 2022, launched an autonomous construction surveillance technology, in partnership with Trimble Inc.

Key manufacturers of construction robots are Advanced Construction Robotics, Inc., Apis Cor., Alpine Sales & Rental Corp., Autonomous Solutions, Inc., Brokk, Inc., Beijing Borui Intelligent Control Technology Co. Ltd., Conjet AB, Cybe Construction BV, Construction Robotics, Cyberdyne, Inc., Fastbrick Robotics Ltd., Ekso Bionics, Fujita corporation, Husqvarna AB, Giant Hydraulic Tech co., Ltd., Komatsu Ltd., nLink AS, MX3D B.V., TopTec Spezialmaschinen GmbH, and Ying Chuang Building Tech Co., Ltd.

Segmentation of Construction Robot Market Research

• By Type :

  • Traditional
  • Robotic Arms
  • Exoskeletons

• By Function :

  • Demolition
  • Bricklaying
  • Material Handling

• By Automation :

  • Semi-autonomous
  • Fully autonomous

• By Application :

  • Public Infrastructure
  • Nuclear Dismantling & Demolition
  • Commercial & Residential Buildings

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa