Construction Cobots Market Share

  • Report ID: 3010
  • Published Date: Sep 25, 2024
  • Report Format: PDF, PPT

Construction Cobots Market Share

Geographically, the construction cobots market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The market in Asia Pacific industry is estimated to account for largest revenue share by 2036, led by extensive research associated with construction cobots in western countries, along with enhanced productivity, quality, and safety due to implementation of construction cobots. the mining and construction companies have started using automated equipment, operating software, and communications system to connect and work on-site. Also, the presence of many robotic manufacturing companies in China and Japan and a high growth rate of the market for 3D printers for advanced construction is projected to drive the growth of the construction robot construction cobots market in APAC.

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Author Credits:  Shweta Patidar


  • Report ID: 3010
  • Published Date: Sep 25, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Enhanced productivity, quality, and safety due to the implementation of construction cobots and growing urbanization worldwide are the key factors driving market growth.

The market is anticipated to attain a high CAGR over the forecast period, i.e., 2020-2029.

Unpredictable layout of the construction sites and high equipment cost are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the growing urbanization and wide availability of natural resources throughout the region, the mining and construction companies have started using automated equipment, operating software, and communications system to connect and operate on-site.

The major players dominating the construction cobot market are Komatsu Ltd., Ekso Bionics Holdings Inc., FBR Ltd, Conjet AB, Beijing Borui Intelligent Control Technology Co. Ltd., Giant Hydraulic Tech, Fastbrick Robotics, Autonomous Solutions among others.
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