About Construction Robots
Construction robots are mainly used for basic tasks in building construction and civil engineering projects. These tasks include concreting, building, connecting, attaching, coating, covering, jointing, positioning, finishing, demolishing, drilling, tunneling, earthmoving, scaffolding, inspecting, and repairing elements.
Construction robots improve productivity, quality of end-products; reduce manual operations, leading to less errors; shorten construction time; reduce costs; and increase safety in hazardous working environments. The productivity of the construction robots is high when the construction materials are standardized and work processes are repeated. These robots were introduced in 1980s to improve working conditions and enhance productivity and work efficiency. However, the diffusion of robots was slow and the technological progress was low compared to its manufacturing counterparts.
Technavio’s analysts forecast the global construction robots market to grow at a CAGR of 5.41% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global construction robots market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of construction robots.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Construction Robots Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Construction Robots Market: Brokk, Fujita, and ULC Robotics.
Other Prominent Vendors in the market are: Construction robotics, Hanool robotics, Skanska, Taisei, and Shimizu.
Commenting on the report, an analyst from Technavio’s team said: “Modular construction technology is a building process, which involves the assembly of pre-fabricated modules. The work process starts by creating a modular design of the construction project. These modules are produced in a factory, and are assembled on the construction site. Concepts of mass customization can be applied along with automation and robots in construction and building projects.”
According to the report, urbanization is the strongest indicator for a country's economic growth, development, and modernization. High demand for offices, manufacturing facilities, recreation spaces, and hotels will continue to drive the spending in the forecast period. This has led to increased demand for higher use of construction equipment, boosting the growth of the construction robots market.
Further, the report states that construction companies worldwide are hesitant to implement automation and robots in the construction industry because of high initial cost, need for greater financial investment in R&D, and risks associated with the implementation of these technologies in construction sites.
Brokk, Fujita, ULC Robotics, Construction robotics, Hanool robotics, Skanska, Taisei, Shimizu.