Construction Robots Market Size, Share & Trends Analysis Report By Function, By Type (Traditional Robot, Robotic Arm, Exoskeleton), By End-use (Industrial, Residential, Commercial), By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global construction robots market size was valued at USD 1,028.6 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 17.5% from 2023 to 2030. Various factors such as reduced labor costs, increased safety due to robotic automation, and rapid urbanization and industrialization are contributing to growth. Global demand for construction robots is expected to increase as more construction firms undertake automation initiatives and increase funding toward modernizing their construction activities. The increasing need for advanced infrastructure, coupled with ever-increasing population, is expected to drive demand for automated construction solutions. According to a report by Autodesk Inc., around 13,000 buildings need to be constructed daily by 2050 to accommodate the increasing population. The reason for the shift toward construction robots is smart agility, convenience, and cost-effectiveness. The growing emphasis of construction firms on reducing resource wastage and overall costs is expected to drive the construction robot market. Additionally, emphasis on reducing the turnaround time of construction projects is motivating market players to launch new and innovative products with increased efficiency and speed.

For instance, in April 2022, PrintStones, a manufacturer of mobile 3D printing construction robots, announced the launch of Baubot, a mobile robot for 3D printing and on-site construction. Printstones also released a specialized software development kit (SDK) for use with the Baubot to make construction sites efficient and safer for laborers. Customers can customize their robots with new applications and tools as they see fit, resulting in a truly adaptable product suitable for any manufacturing site.

The COVID-19 outbreak negatively impacted the construction industry, with construction work coming to a halt in the early months of the lockdown. However, due to the safety benefits provided by the technology, the product demand has seen an increase in adoption from the industry. Manufacturing activities of essential raw materials required for construction were restricted largely. This led to a decline in the demand as well as the supply of construction robots resulting in hindered market growth.

Market Dynamics

The construction industry is often blamed for high numbers of workplace accidents and fatalities. According to Workplace Fatal Injuries Report 2022 and Health and Safety Executive reports from 2018 to 2021, construction industry accounted for 25% of all worker fatalities in 2022. N.C. Department of Labor also reported that construction workers suffered the most work-related fatalities in 2022 in U.S. state of North Carolina. Number of fatalities increased by 6 over year to 21 during year and majority of fatalities were attributed to falls from elevated locations. At this juncture, construction robots can help in reducing risk of accidents and ensure that construction projects are completed efficiently without compromising worker safety

Function Insights

The material handling segment accounted for the largest revenue share of 32.4% in 2022 and is expected to grow at the highest CAGR of 18.0% over the forecast period. The large production of construction robots worldwide, particularly in the Asia Pacific region, is a significant factor driving the growth of this segment. The growing adoption of automation in the construction industry for functions such as demolition, renovation, material handling, and printing applications is expected to drive the growth of the market. Construction robots are especially useful in demolition because they can be controlled wirelessly. The use of construction robots in demolition activities allows humans to remain at a safe distance and thus avoid the risk of injury.

End-use Insights

The industrial segment accounted for the largest revenue share of 38.9% in 2022 and is expected to grow at the highest CAGR of 17.8% over the forecast period. Rapid urbanization and industrialization across developing and underdeveloped countries due to foreign investments and the availability of abundant resources have fueled the demand for the construction robots market. Furthermore, various initiatives undertaken by the governments in the construction industry to provide employment opportunities to the population are expected to boost the demand for the market.

Type Insights

The robotic arm segment held the largest revenue share of 67.8% in 2022. Construction industry trends such as refined construction, rapid construction, and standardized design have aided in the adoption of innovative technologies. Market players operating in the robotic arm segment have to constantly develop and design new and innovative products to cope with the increasing demand. For instance, in April 2021, PrintStones, an autonomous 3D printing and construction robot provider, announced the launch of a new variant of Baubot. The new robot is an autonomous construction assistant with a robotic arm mounted on top that carries out functions such as security, drywall, 3D printing, painting, welding, and bricklaying.

On other hand, traditional robot segment is expected to witness highest CAGR of 18.6% during forecast period. Increasing awareness of benefits brought about by adoption of robotic automation in construction industry has fueled demand for innovative construction robots and products. Traditional robot segment has witnessed significant new innovative products launched by market players to address evolving needs of construction industry. For instance, in October 2022, Built Robotics, provider of construction automation products, announced launch of its Exosystem platform in European market. Exosystem can transform excavators into autonomous robots..

Regional Insights

Asia Pacific dominated the market with a share of 30.3% in 2022 and is anticipated to retain its position over the forecast period. The increasing adoption of robotic automation and tools in this region is the major factor driving the growth. The region is likely to witness significant growth owing to the increasing government spending on the construction industry and increasing competition among the market players.

In addition, Asia Pacific has a high population resulting in the increasing demand for residential and industrial infrastructure, which makes Asia Pacific a promising region. For instance, instance in February 2022, Schindler announced the deployment of its Schindler R.I.S.E robot in the Asia Pacific region. Schindler R.I.S.E is an autonomous, self-climbing robot that is used for installation activities in elevator shafts.

In addition, increasing number of construction projects and construction firms in the Middle East Africa region due to the growing tourist population is expected to drive the regional market growth. Governments from countries such as MEA and Saudi Arabia are constantly undertaking investment and development initiatives in the infrastructure industry resulting in the growing demand for robotic automation in the construction sector.

Key Companies & Market Share Insights

Leading industry players are undertaking strategies such as product innovations, collaborations, and partnerships to expand their business footprints and survive the competitive environment. For instance, in November 2022, Exyn Technologies, a provider of AI-powered industrial robots and drones, in partnership with Trimble Inc., services, hardware, and software technology company, announced the launch of an autonomous construction surveillance technology. The new technology will enable the undertaking of fully autonomous missions within dynamic and complex construction environments, resulting in precise and consistent reality capture for quality and production control workflows. Some prominent players in the global construction robots market include:

• Construction Robots

• ABB

• Advanced Construction Robots

• BROKK GLOBAL

• Ekso Bionics

• Autonomous Solutions Inc.

• MX3D

• Husqvarna AB

• FBR Ltd

• Conjet

Construction Robots Market Report Scope

Global Construction Robots Market Segmentation

This report forecasts volume and revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global construction robots market report based on function, type, end-use, and region:

• Function Outlook (Volume, 000’ Units; Revenue, USD Million, 2017 - 2030)

  • Demolition

  • Bricklaying

  • Material Handling

  • Others

• Type Outlook (Volume, 000’ Units; Revenue, USD Million, 2017 - 2030)

  • Traditional Robot

  • Robotic Arm

  • Exoskeleton

• End-use Outlook (Volume, 000’ Units; Revenue, USD Million, 2017 - 2030)

  • Industrial

  • Residential

  • Commercial

• Regional Outlook (Volume, 000’ Units; Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

    • UAE

    • Saudi Arabia