The North America Construction Robots Market would witness market growth of 16.3% CAGR during the forecast period (2022-2028).
Robotic technologies on construction sites dramatically reduce construction time and improve safety by taking the place of construction personnel doing tedious or risky tasks. As a result of their intrinsic complexity, labor-intensive modeling, and distinctiveness, building jobs need a lot of human effort and knowledge. With the advancement of machine learning and computer vision, these construction obstacles may be addressed and the degree of automation of construction robots increased.
In the construction business, robotic devices created for construction operations—often in dynamic environments—are called robots. Robotics may help reduce the need for human labor and help establish safer working conditions by automating repetitive and labor-intensive processes like bricklaying, painting, loading, and bulldozing. Moreover, robots may operate in a variety of settings around-the-clock.
In October 2022, Census estimated that the United States would have spent $1,794.9 billion on the building. Private construction expenditures totaled $1,420.4 billion. Over 1.2 million men and women, or roughly 7% of the labor force, are employed in Canada's construction industry, which is a continually growing sector. There are big plans for building all around the country. For instance, the governments of Canada and Alberta committed more than 52.7 million USD to the construction of multiple infrastructure projects as part of the Investing in Canada Infrastructure Program. These elements would support the growth of the regional market.
The US market dominated the North America Construction Robots Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $594.1 Million by 2028. The Canada market is poised to grow at a CAGR of 18.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 17.9% during (2022 - 2028).
Based on Type, the market is segmented into Robotic Arm, Traditional Robots, and Exoskeleton. Based on End-Use, the market is segmented into Industrial, Residential, and Commercial. Based on Function, the market is segmented into Material Handling, Demolition, Bricklaying, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Construction Robots Market is Predict to reach $2.7 Billion by 2028, at a CAGR of 17%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Ltd, Ekso Bionics Holdings, Inc., Autonomous Solutions, Inc., Husqvarna AB, Komatsu Ltd., Cyberdyne, Inc., FBR Ltd, Conjet AB (Gulfstream Nordic Holdings AB), MX3D B.V., and Brokk AB (Lifco AB).
By Type
By End-Use
By Function
By Country
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