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Global Construction Robots Market Size and Share Analysis 2023-2028
The Construction Robots Market is projected to experience significant growth, with its size expected to increase from USD 331.7 million in 2023 to USD 681.8 million by 2028, at a CAGR of 15.50% during the forecast period (2023-2028).
Several factors are driving the revenue growth of the market, including the escalating urbanization, industrialization penetration, and advanced construction & demolition operations.
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USD 681.8 Mn incremental growth between 2022 and 2027
Type, Application, and Geography
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Construction organizations are increasingly focusing on reducing building materials’ resources and minimizing material waste during construction, which will fuel the adoption of construction robots. According to Autodesk, many construction organizations estimate that nearly 30% of the total weight of building materials transported to a construction site ends up as waste, making waste reduction a crucial concern.
Additionally, the demand for construction robots is being propelled by the need to reduce project construction time. Companies like Printstones, an Austria-based manufacturer, have introduced mobile 3D printing robots, such as the Baubot, which offer versatility in various construction tasks, including concrete 3D printing, material transportation, welding, milling, screw driving, cutting, painting, and bricklaying.
In May 2022, Dusty Robotics secured USD 45 million to introduce FieldPrinter, an industry-first solution that utilizes advanced robotics, hardware, software, and services to eliminate construction errors through automation. FieldPrinter automates digital floor techniques on construction sites by printing them full-size on the floor, providing significant benefits to the construction process.
Moreover, with the growing need for new infrastructure, automated construction solutions are expected to gain momentum in the coming years, positively impacting the market. Redshift reports that the construction industry must build 13,000 buildings daily from now until 2050 to support the expected urban population of seven billion.
However, the implementation of construction robotics faces challenges, including high acquisition and maintenance costs. The technologies themselves are costly, making them accessible mainly to firms with substantial turnover and market competition. Additionally, automation technologies require updates and maintenance, which can be expensive. The maintenance costs for new robotics equipment are higher due to the need for specialized technicians.
The COVID-19 outbreak adversely affected the construction industry, leading to standstill construction work during the initial months of the lockdown. Nevertheless, there was an increased interest in adopting construction robots in the industry due to the safety benefits offered by the technology.
The market is segmented based on various factors, including type, application, and geography.
Segmentation by Type
Segmentation by Application
Commercial and Residential Buildings
Segmentation by Geography
Rest of the World
The construction robots market displayed a fragmented landscape, with the demolition segment holding the largest market share of 35.9% in 2022. Over the forecast period, 3D printing is projected to witness the highest compound annual growth rate (CAGR) of 16.7%. Demolition robots play a crucial role in the construction industry by demolishing buildings at the end of their lifecycle. These mobile robots, equipped with various end-of-arm tools like breakers, crushers, drills, or buckets, effectively break through building materials. Demolishing concrete is a complex and hazardous task, especially when facing tight deadlines and limited space for traditional excavation equipment. Under such constraints, demolition robots are particularly valuable. Resembling mini excavators, these robots feature a main body mounted on rubber tracks and four feet to stabilize the machine, allowing them to crawl, climb stairs, and even use elevators.
In 2022, the commercial and residential buildings segment accounted for the largest market share of 52.3%, while public infrastructure is anticipated to witness the highest CAGR of 16.6% over the forecast period. The demand for new commercial and residential infrastructure is driving the momentum of automated construction solutions, positively impacting the market. The need for urban infrastructure is escalating due to rapid urbanization. According to World Bank data, approximately 55% of the global population, around 4.2 billion people, already reside in cities, and this trend is projected to continue. By 2050, the global urban population is expected to double, with nearly 70% of people living in urban areas. This trend necessitates technological changes, including the adoption of automation, artificial intelligence, and robotics, to address various urban challenges.
North America is currently the most urbanized continent, with 82% of its population living in cities, followed by Latin America and the Caribbean at 79%. Globally, the share of people residing in urban areas is projected to increase from 56% in 2020 to 70% by 2050. This rapid urbanization presents challenges such as meeting the increased demand for affordable housing, well-connected transport systems, and basic infrastructure. The construction of housing solutions using 3D printing is gaining traction, particularly in growing economies in the Asia-Pacific region.
The Asia-Pacific region dominated the construction robots market in 2022, occupying a market share of 40.1%. This region is a significant player in the construction robotics market, with India, China, and Japan being key contributors. The rising development of 3D-printed houses in the region is expected to further boost market growth. International companies are recognizing the potential in this region and expanding their offerings. For instance, COBOD International, a Danish developer of 3D construction printing technology, has entered into a distribution agreement with Fortex, an Australian company, to bring cutting-edge concrete 3D printing technology to Australia and strengthen 3D construction printing in the Asia-Pacific region.
The adoption of robotics and industrial automation was already well underway in Asia before the COVID-19 pandemic. In the post-pandemic world, the adoption of these technologies, along with integration into industries like manufacturing, logistics, and construction, is expected to continue to rise. The increasing urbanization in the region will further drive demand for construction robots. China, in particular, has experienced a significant increase in urbanization over the past few decades.
The construction industry is witnessing optimistic prospects with a strong demand for manpower. However, to cope with the continuous and extensive construction work, the industry needs to improve efficiency, ensure worker and site safety, and enhance overall productivity and cost-effectiveness. Such trends are expected to create positive growth for the construction robots market over the forecast period.
The construction robots market exhibits a fragmented nature, characterized by the presence of key players such as Brokk AB (Lifco Public AB), Husqvarna AB, Construction Robotics LLC, FBR Ltd., and Advanced Construction Robotics Inc. These market participants are actively adopting various strategies, including partnerships, innovations, and acquisitions, to enrich their product offerings and attain a sustainable competitive edge.
In December 2022, Ekso Bionics, a renowned industry leader in exoskeleton technology for medical and industrial applications, made an announcement about acquiring the Human Motion and Control (HMC) Business Unit from Parker Hannifin Corporation (Parker), a global leader in motion and control technologies. The acquisition encompassed the Indegolower limb exoskeleton line of products, as well as the planned development of robotic-assisted orthotic and prosthetic devices.
In October 2022, Brokk, recognized as the world’s foremost manufacturer of remote-controlled demolition robots, introduced the BROKK SURFACE GRINDER 530 (BSG 530) attachment. This attachment is designed for material removal tasks, such as paint and asbestos removal, surface preparation, and polishing on walls, floors, and ceilings in renovation and restoration applications.
In August 2022, Husqvarna Construction entered into a strategic partnership with AABTools, the leading industrial tools and equipment supplier in the region. As part of this collaboration, AABTools took on the distribution of Husqvarna Construction’s organic products, including heavy-duty and high-frequency concrete coring machines, brick and reinforced concrete wall saws, remote-controlled demolition robots, and over twenty models of handheld power cutters, dust extractors, and floor saws.
Key companies profiled in this report include BROKK AB (Lifco publ AB), Husqvarna AB, Construction Robotics LLC, FBR Ltd., Advanced Construction Robotics Inc., Dusty Robotics, Apis Cor, COBOD International AS, Ekso Bionics.
Recent Industry Developments
In March 2023, FBR Ltd. disclosed a significant strategic partnership with M&G Investment Management, a UK-based shareholder, aimed at financing the production and deployment of three additional next-generation Hadrian X robots in the United States. These three new Hadrian X robots will be constructed on truck bases within the United States before being deployed to offer Wall as a Service bricklaying services through the joint venture of FastbrickAmericas, associated with the Perth firm.
In the same month, March 2023, Advanced Construction Robotics Inc. (ACR) introduced its latest innovation called IronBOT. This robot, designed by ACR, is capable of lifting, carrying, and precisely placing rebar. As the second product offering by ACR, IronBOT exhibits the remarkable capability of lifting up to 5,000-lb bundles of rebar, both in transverse and longitudinal orientations, without relying on heavy lifting from the crew members. IronBOT can also collaborate effectively with ACR’s initial robot, TyBOT, which possesses the ability to self-tie horizontal rebar intersections. Notably, TyBOT boasts an impressive active tie rate of over 1,100 times per hour.
Key Questions Answered
What is the projected size of the Construction Robots Market?
The Construction Robots Market is expected to reach USD 331.7 million in 2023 and is anticipated to grow at a CAGR of 15.5% to reach USD 681.8 million by 2028.
What is the current size of the Construction Robots Market?
As of 2023, the Construction Robots Market is expected to be valued at USD 331.7 million.
Who are the major players in the Construction Robots Market?
The key companies operating in the Construction Robots Market include Brokk AB, Husqvarna AB, Construction Robotics, LLC, FBR Ltd, and Advanced Construction Robotics Inc.
Which region is experiencing the fastest growth in the Construction Robots Market?
Asia Pacific is estimated to exhibit the highest compound annual growth rate (CAGR) over the forecast period (2023-2028) in the Construction Robots Market.
Which region holds the largest market share in the Construction Robots Market?
As of 2023, North America accounts for the largest share in the Construction Robots Market.