Construction is a historically labor-intensive industry with little
automation. The traditional solution to achieving more production was to
simply add more workers. Whereas productivity in many other industries
has risen substantially, productivity in construction has been nearly
flat because little technology has been developed or introduced until
recently. According to a new report from Tractica,
the industry is ripe for disruption, and a growing number of
construction companies are incorporating robots to solve labor shortages
and reap the benefits of improved speed, efficiency, safety, and
profits. Robots are beginning to make their way into a variety of
construction tasks, promising to change the way the industry creates
homes, buildings, and other infrastructure.
Tractica forecasts that growing interest in construction robots will
drive an increase in market revenue from $22.7 million in 2018 to $226.0
million annually by 2025. During that period, the market intelligence
firm forecasts that more than 7,000 construction robots will be deployed
to address a variety of construction and demolition tasks. The largest
market in terms of unit shipments will be for robot assistants used on
construction sites, followed by infrastructure robots, structure robots,
and finishing robots.
“At this early stage in the construction robotics industry, a few
companies are offering products for sale or lease,” says senior analyst
Glenn Sanders. “The main categories that are currently available include
robots for demolition, bricklaying, drilling, 3D printing, and rebar
tying, plus a few exoskeletons and assistant robots for lifting loads.”
Sanders adds that midsize and major construction companies are beginning
to adopt these robots to solve issues related to labor shortages,
safety, speed, accuracy, and integration with building automation and
building information modeling (BIM).
Tractica’s report, “Construction
& Demolition Robots”, provides forecasts and market sizing for
construction robots shipments and revenue during the 2018 to 2025
timeframe, segmented by world region and application type. The report
provides an in-depth discussion of the global market trends, drivers,
challenges, and technological issues influencing the market development
of construction robots. A detailed picture of market participants is
presented, based on interviews with CEOs and research profiling 28 key
players, as well as a company directory of 60 significant and emerging
industry players. An Executive Summary of the report is available for
free download on the firm’s website.
About Tractica
Tractica, an Informa business, is a market intelligence firm that
focuses on emerging technologies. Tractica’s global market research and
consulting services combine qualitative and quantitative research
methodologies to provide a comprehensive view of the emerging market
opportunities surrounding Artificial Intelligence, Robotics, User
Interface Technologies, Advanced Computing, Connected & Autonomous
Vehicles, and Wearables & Digital Health. For more information, visit www.tractica.com
or call +1.303.248.3000.
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