Construction 4.0 Market Analysis

  • Report ID: 3353
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT

Construction 4.0 Segmentation

The market is segmented by technology into IoT, industrial robots, artificial intelligence, and others, out of which, the IoT segment is anticipated to hold the largest share and witness the highest growth in the global construction 4.0 market on account of the high potential of IoT to reduce different types of accidents and its effectiveness to collect job site data in a more efficient and affordable way. Additionally, on the basis of solution, the segment for software is evaluated to observe a significant CAGR over the forecast period in view of the growing deployment of construction 4.0 software in developed economies as it helps to decrease schedule risk, save time, maintain accuracy and avoid repetitive work at construction sites.

Our in-depth analysis of the global construction 4.0 market includes the following segments

          By Solution

 

  • Hardware
  • Software
  • Services

           By Technology

  • IoT
  • Industrial Robots
  • Artificial Intelligence
  • Others

         By Application

 

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of construction 4.0 is assessed at USD 19.79 billion.

Construction 4.0 Market size was valued at USD 17.2 billion in 2024 and is expected to reach USD 143.09 billion by 2037, expanding at around 17.7% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is poised to dominate majority revenue share by 2037, on the back of increasing demand for construction 4.0 in emerging economies such as India, Vietnam and Indonesia, and rising government expenditure on infrastructural activities.

The major players in the market are ABB Ltd., Advanced Opto-Mechanical Systems and Technologies Inc., Hexagon AB, Autodesk Inc., and others.
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