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Demolition Robots Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
Global Construction and Demolition Robots Market
By Type (Demolition Robots, and Construction
Robots), By Application (Heavy/civil
construction, Building construction, and Nuclear
dismantling and demolition), and Region (North
America, Latin America, Europe, Asia Pacific, and
Middle East Africa) Report ID 52 Rating
4.8 Author Growth Market Reports Reviews
12 No. Of Pages 158 Format PDF,XLSX Report
Description
Market Outlook The global Construction and
Demolition Robots Market was valued at USD 402.7
Million in 2019 and is projected to reach USD
734.0 Million b y 2027 expanding at a CAGR of
8.3 during the forecast period, 2020-2027.
Construction and demolition robots are used in
construction indust ry, these robots play a vital
role in the construction sector, as they help
building heavy infrastructure, building
constructions, and demolishing of nuclear
facility and other power stations. These robots
can perform several activities and are useful to
construction companies, as they reduce t he
workload of labor in activities such as
bricklaying, construction of tall structures, and
lifting heavy equipment in disaster relief
situation by aut omating dangerous and laborious
tasks. Construction service providers are
replacing conventional practices with modern
practices and are foc used on high adoption of
technologically advanced robots for performing
faster tasks at construction sites. Demolition
robots are widely used by the construction
industry to tear down the rising number of old
constructions. Moreover, high demand for
reconstruction and remodeling is expected to
increase during the forecast period. Rise in the
demand for reconstructions from urban areas is dr
iving requirement for demolition robots in
developing countries. Demolition robots are safer
and quicker than human labor for the demolition
of c oncrete structures. Additionally, they are
available in various sizes, powers, and
attachments. They can be fit into small spaces
and can complete the demolition work
smoothly. Market Dynamics The market is driven by
factors such as increase in the number of
government projects and heavy/civil constructions
projects rate has led to the rise in the use of
construction robots, while boosting
infrastructure expenditure and high application
of robots in the construction sector. This, in
turn, is propelling market growth. Rising issues
related to the labor can also be solve using
construction robots. Moreover, these robots are
saf e and effective and can provide high
productive results. Increasing demand of
reconstruction and renovation owing to increase
in number of old constructions, has led to rise
in adoption of 3D printing in the construction
industry, and automation at construction sites
are creating opportuniti es in the market. High
cost associated to the construction and
demolition robots is restraining market growth.
Unpredictable layout of the constr uction sites
is challenges market growth. Segmental Outlook On
the basis of product type, the construction and
demolition robots market is segmented into
demolition robots and construction robots. These
are professional service robots and are used for
the demolition and construction of buildings. The
robots are used to perform several tasks and
functions, reduce labors effort, and increase
labor safety. They play an important role in the
construction industry, as they reduce the time
and cost of the project. Increasing adoption of
robotics in the construction industry is expected
to drive the demand for these robots in the
future. Th e demolition robots segment is
expected to hold over 4/5th of the market share,
and is expected to expand at considerable CAGR
during the for ecast period. On the basis of
applications, the market is divided into
heavy/civil constructions segment, building
construction segment, and nuclear dismantlin g
demolition segment. The heavy/civil construction
segment account for major share, as it covers a
majority of structures which are essential and
important such as roadways, waterways, energy
power plant, and others. The building
constructions segment is expected to grow at a
sign ificant pace during the forecast period. The
heavy/civil constructions segment is expected to
hold substantial share of the market and is
expected to expand at significant CAGR during the
forecast period. Regional Outlook Based on
regions, the construction and demolition robots
market is segregated into North America, Europe,
Asia Pacific, Middle East Africa, a nd Latin
America. Globally, Asia Pacific accounted for a
major share of the market, followed by Europe.
The market in the region is projected to expand
at a high CAGR during the forecast period owing
to increasing demand of constructions, and
adoption of technologically advanced repo rts for
construction facility. Moreover, increasing
number of civil engineering projects and building
constructions are key factors that are expecte
2
d to drive market growth. Competitive Landscape
Top players in the market include Husqvarna
AB, Fujita Corporation, FBR Ltd, Lifco, Conjet
AB, Construction Robotics, and Alpine Sales
Rental Corp. These companies are considered as
key manufacturers of Construction and demolition
robots based on their revenue, res earch
development (RD) activities, product offerings,
regional presence, and supply chain management
system. The players are adopting key
strategies such as product development,
acquisition, collaborations, and geographical
expansion where pot ential opportunity for the
Construction and demolition robots market.
For instance, in 2019, Lifcos subsidary, Brokk
introduced new demolition machine, BROKK 70. This
machine comes with latest Brokk SmartPower
technology and powerful hydraulic system. In
February 2017, Fujita Corporation (member of
Daiwa House Group), has developed a disaster
response machine, "Robo-Q. The mac hine is
advanced mobile version of "Robo-Q," a simple
remote-controlled device. Key Benefits for
Industry Participants Stakeholders
In-depth Analysis of the Global Construction and
demolition robots Market Historical, Current
and Projected Market Size in terms of Value
Potential Niche Segments and Regions Exhibiting
Promising Growth Covered Industry Drivers,
Restraints and Opportunities Covered in the
Study Recent Industry Trends and
Developments Competitive Landscape
Strategies of Key Players Neutral
Perspective on Global Construction and Demolition
Robots Market Performance
Table Of Content
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