Construction Robotics Market CAGR of 23.3%, Whispers of Wizardry Market Magic Unveiled in Latest Trends | Taiwan News
The latest research report on “Construction Robotics Market” by Report Ocean offers a comprehensive understanding of the market, considering various factors such as demographics, business cycles, and microeconomic requirements specific to the market under study. ➤ Download Free Sample ➤
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The construction robotics market was valued at $2,450.7 million in 2019, and is expected to reach $7,880.3 million by 2027, registering a CAGR of 23.3% from 2020 to 2027. Construction robotics includes equipment and products that are used for 3D printing of walls & structures, demolition of structures, and material handling activities such as placing bricks to build wall, transportation of building material vertically or horizontally on construction site, and drones used for surveillance & monitoring on construction site. These activities are carried out in construction sites of residential, industrial, and commercial infrastructures.
The major driver of construction robotics is its advantages such as safety of the workers, enhanced productivity, and work quality achieved. In addition, there is rapid adoption of 3D printing in developed nations, owing to its alternative for high-cost skilled labor and minimum waste generation of building products. However, high cost of the automatic operating technology and its configuration with the construction equipment increases the cost of construction robots, which acts as a restraint to the construction robotics market.
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On the contrary, increasing adoption of automation in the construction industry has opened several new opportunities to develop new robotic technologies and implement them in the construction industry. Thus, rising adoption of automation in the construction industry will act as a major opportunity in the construction robotics market during the forecast period.
The construction robotics market is segmented into application, sales type, end user, and region. On the basis of application, the market is divided into demolition, 3D printing, material handling, and surveillance. Based on sales type, it is bifurcated into new sales and aftermarket. Depending on end user, it is classified into residential, industrial, and commercial. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Competition analysis
The major players profiled in the construction robotics market include Advanced Construction Robotics, Beijing Borui Intelligent Control Technology Co. Ltd., Branch Technology, Brokk Group, Built Robotics Inc., Conjet AB, Construction Robotics, DJI, Kewazo GmbH, and Yingchuang Building Technique (Shanghai) Co. Ltd. (WinSun). Major companies in the market have adopted strategies, such as business expansion, agreement, and product launch, to offer better products and services to customers in the construction robotics market.
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KEY BENEFITS FOR STAKEHOLDERS
- – The report provides an extensive analysis of the current and emerging construction robotics market trends and dynamics.
- – In-depth analysis of the construction robotics market is conducted by estimations for the key segments between 2020 and 2027.
- – Extensive analysis of the construction robotics market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- – A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
- – The construction robotics market forecast analysis from 2020 to 2027 is included in the report.
- – The key players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the market industry.
KEY MARKET SEGMENTS
By Application
o Demolition
o 3D Printing
o Material Handling
o Surveillance
By Sales Type
o New Sales
o Aftermarket
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By End-user
o Residential
o Industrial
o Commercial
By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? UK
? France
? Italy
? Rest of Europe
o Asia-Pacific
? China
? Japan
? South Korea
? India
? Rest of Asia-Pacific
o LAMEA
? Latin America
? Middle East
? Africa
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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Highlight the Following Key Factors:
- Business Description: a particular description of agency operations and enterprise departments.
- Company Strategy: The analyst’s precis of the company’s commercial enterprise strategy.
- SWOT Analysis: Detailed evaluation of the company’s strengths, weaknesses, opportunities, and threats.
- Company History: The development of predominant occasions associated to the company.
- Main merchandise and services: A listing of the company’s fundamental products, services, and brands.
- Main Competitors: A listing of the company’s fundamental competitors.
- Important places and subsidiaries: The company’s major places and subsidiaries’ listing and contact information.
- Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
Report Highlights:
- Introduction: Overview of the market pre-COVID-19, setting the stage for an in-depth analysis of pandemic-induced disruptions.
- Market Dynamics: Examination of the initial downturn in demand for container shipping as global lockdowns took effect, followed by a surge in demand for essential goods, exposing the vulnerabilities and resilience of supply chains.
- Supply Chain Disruptions: Insight into the logistical challenges, including port congestion, container shortages, and imbalances that plagued the industry, and their implications on global trade.
- Price Fluctuations and Shipping Costs: Analysis of the factors contributing to soaring freight rates and their impact on global commerce and logistics strategies.
- Digital Transformation: Exploration of how the crisis accelerated digital adoption within the industry, enhancing efficiency in container booking, tracking, and supply chain visibility.
- Strategic Adaptations for Resilience: Recommendations for stakeholders on building more robust and flexible supply chains, leveraging lessons learned during the pandemic to mitigate future disruptions.
- Regional Analysis: Detailed examination of how different regions were affected by and responded to the crisis, including the role of government regulations and safety measures.
- Market Opportunities: Identification of emerging opportunities within the sector, including increased e-commerce demand and the critical role of containers in vaccine distribution.
- Strategic Recommendations for Stakeholders: Tailored advice for entrepreneurs, CEOs, and industry leaders on navigating the post-pandemic market landscape, focusing on risk mitigation and strategic investments.
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