Market Research Future published a research report on “Covid 19 Analysis on Construction Robot Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
The construction industry is emerging with tremendous advancements in robotics. Increasing reliance on robotics to address the complexities of mega construction projects is encouraging construction companies to adopt robots. For instance, Fastbrick robotics, an Australian digital construction technology solution provider, has developed a housing construction robot— Hadrian X, in France which has the capability to construct a residential establishment from the ground up, on site in two days. Similarly, Lhoist Refractories, a provider of lime, dolime and mineral products in Asia, the Americas, and Europe, deploys robotic systems for palletizing bricks. Japanese construction sites also implement robotic welding systems which reduce the overall welding time. Robotics allows automation of various construction processes such as manufacturing, packaging, welding, material handling, and cutting. This allows precision and accuracy through all construction processes saving time and costs. Moreover, residential construction companies are sooner realizing the benefits of adopting construction robots which is expected to drive the growth of construction robots market.
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The prominent players in the Covid 19 Analysis on Construction Robot Market are – Brokk AB (Sweden), Husqvarna (Sweden), Esko Bionics (U.S.), Komatsu (Japan), Conjet AB (Sweden), TopTec Spezialmaschinen GmbH (Germany), Construction Robotics (U.S.) Fastbrick Robotics (Australia), Autonomous Solutions (US), Apis Cor (Russia), nLink (Norway), Yingchuang Building Technique Co. (WinSun) (China), Advanced Construction Robotics (US), MX3D (Netherlands), CyBe Construction (Netherlands), Cyberdyne (Japan), Giant Hydraulic Tech (China), Alpine Sales and Rental (US) and Beijing Borui Intelligent Control Technology (China).
The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio. There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.
The Covid 19 Analysis on Construction Robot Market is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of construction robot market is covered for the regions namely North America, Europe, Asia-Pacific, and the rest of the world. Among these, the Asia-Pacific region is expected to grow rapidly due to the adoption of robotics by many construction companies. Rising demand for remote-controlled demolition robots in China, Japan, and India is further fuelling the market growth in the region. Construction companies in Australia, China, Japan, India, and Malaysia are adopting automated construction equipment. Replacing human workers for the construction of skyscrapers and public infrastructure is driving the market growth in this region. North America and Europe regions are currently dominating the construction robot market. Shortage of labors experienced by many construction firms and contractors in the developed American and European countries is the major factor driving the adoption of construction robots in the region.
- By design type, the market is segmented into traditional robot, robotic arm, exoskeleton.
- By automation, the market is segmented into fully autonomous and semi-autonomous.
- By function, the market is segmented into demolition, bricklaying, 3D printing, concrete structural erection, finishing work, doors and windows installation and others.
- By vertical, the market is segmented into public infrastructure, commercial and residential buildings, nuclear dismantling and demolition, and others (road and tunnel construction).
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of Construction Robot Market
5 Market Overview Of Construction Robot Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.2 Growth Trends
6.3 Impact Analysis
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