Construction Cobots Sector: Growth Drivers and Challenges
Growth Drivers
- Enhanced Productivity, Quality, And Safety Due to The Implementation of Construction Cobots
- Rise in Automation at Construction Sites
- Adoption of 3d Printing in The Construction Industry
Challenges
- Unpredictable Layout of The Construction Sites
- High Equipment Cost
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Construction Cobots Market size is set to expand at over 20.2% CAGR during the forecast period i.e., between 2025-2037.
Enhanced productivity, quality, and safety due to the implementation of construction cobots and growing urbanization worldwide will drive the market growth.
Asia Pacific industry is estimated to hold largest revenue share by 2037, 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 major players in the 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.
