Growth in Automation at Construction Sites Expected to Drive North-America Robotics Technology in Construction Industry: Ken Research

Posted May 26, 2021 by Anita1111

North America robotics technology market in construction industry is expected to reach an aggregated revenue of USD 6.132 billion for 2019-2025 duration, representing a CAGR of 16.81% driven .
Robotics is an engineering branch that deals with the design, construction, development, and operating of a robot. Robotics comprises mechanical, electrical and computer engineering. Construction robots characterize as the robots used in the construction sector to perform the numerous activities that are more dangerous, monotonous and repetitive. Various companies in the construction sector are growing focus toward the use of robotics in their projects. The key advantage of these initiatives is the ability of construction robots to eliminate a variety of human issues such as errors, conflicts with co-workers, laziness, damage, and requirement of health insurance & security. Owing to these benefits, the North-America construction robots market is likely to experience decent sales avenues in the upcoming period.
According to study, “Robotics Technology in Construction Industry: North America Market by Product Type, Robot Function, Application Vertical and Country 2014-2025” some of the major companies operating in the North-America robotics technology in construction industry include Construction Robotics, LLC, Advanced Construction Robotics, Cyberdyne, Inc., Fastbrick Robotics Limited, 3D Robotics Inc., TopTec Spezialmaschinen GmbH, Sarcos Corporation, Dajiang Innovation Technology Inc. (DJI), Aibotix GmbH, Eagle UAV Services, Husqvarna Group, Ekso Bionics, AeroVironment, Inc., Fastbrick Robotics Limited, Komatsu Limited, Conjet AB, Apis Cor, Brokk AB, Lifco AB, senseFly/Parrot, nLink Construction Robotics, MX3D, Yingchuang Building Technique Co., Trimble Navigation Ltd., U.S. Bionics, Inc. (suitX) and among others.
Based on product type, robotics technology in construction industry market is segmented into traditional robots, UAVs, exoskeletons and robotic ARMs. Based on robot function, market is segmented into demolition robots, inspection & surveillance robotics, concrete structural erection robots, bricklaying robots, 3D printing robots and others. Inspection & surveillance robotics segment dominates the market owing to huge scale usage of drones for supervision on construction sites. Additionally, 3D printing robots segment is expected to witness higher growth rate due to rise in awareness regarding the 3D printing technology over the forecast period. In addition, based on application, market is segmented into commercial & residential buildings, nuclear dismantling & demolition, public infrastructure and others. Residential segment is also expected to witness higher growth rate because of rise in usage of automation equipment in residential construction activities over the forecast period.
The North-America robotics technology in construction market is driven by growth in automation at construction sites, followed by enhanced productivity, quality, and safety owing to implementation of construction robots. Apart from this, high price of equipment is a hindering factor for market. Moreover, growth in adoption of 3D printing in the construction industry is a key opportunity for market. Furthermore, unpredictable layout of the construction sites is a major challenge for market.
Based on country wise analysis, the North-America region is segmented into U.S. and Canada. It is projected that future of the North-America robotics technology in construction industry will be optimistic as a result of extensive facilities of various companies for development and production of construction & demolition robots coupled with rise in need for residential & non-residential construction projects during the forecast period.

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Issued By Ken Research
Country India
Categories Technology , Telecom
Tags north america robotics technology in construction market , north america robotics technology in construction market forecast , north america robotics technology in construction market revenue
Last Updated May 26, 2021