Robotics in Construction - Thematic Intelligence

This report provides a detailed analysis of robotics technology and its application in the construction industry

The publisher defines a robot as a machine capable of carrying out a complex series of actions (typically programmed by a computer) automatically and repeatedly. Robotics is the branch of technology that deals with the design, construction, operation, and application of robots.

The robotics industry was worth $45.3 billion in 2020. By 2030, it will have grown at a compound annual growth rate (CAGR) of 29% to $568.1 billion, according to the publisher's forecasts.

Robotics have myriad uses in the construction industry. The main types of robots used in construction are caged industrial robots (3D printing, off-site modular construction), industrial co-bots (bricklaying, demolition, materials handling), exoskeletons, drones, and inspection robots. Of these, the global exoskeleton market is expected to grow the fastest at a CAGR of 49%, from $0.2 billion in 2020 to $10.9 billion in 2030.

Construction robots can increase safety on construction sites, ensure projects are delivered on time, and help maintain productivity at a time when fewer people are pursuing a career in the construction industry. With advances in off-site modular construction and 3D printing of concrete, construction companies can create higher quality, lower cost builds in line with increased environmental regulation.

Scope

• This report explores robotics technology and its use cases in construction
• It identifies the key players dominating the current technology theme
• The key technology, macroeconomic and industry trends are also analyzed

Reasons to Buy

• Understand the importance of robotics technology in construction
• A review of some of the case studies highlighting the growing capabilities of robotics in addressing business challenges across the industry
• Identify and benchmark key companies and technology providers based on their exposure to the theme