Construction robots market expected to reach USD 4.10 billion by 2032 with CAGR of 15.18%

From GlobeNewswire: 2025-02-25 10:00:00

The Construction Robots Market was valued at USD 1.15 billion in 2023, expected to reach USD 4.10 billion by 2032 with a CAGR of 15.18%. Advanced robotics are revolutionizing the industry, enhancing efficiency and safety. Key players include Construction Robotics LLC, ABB Ltd., and Ekso Bionics Holdings, Inc. Material handling and robotic arms are driving market growth, with the Asia-Pacific region leading the market and North America experiencing rapid growth due to automation adoption and labor shortages. In March 2023, ACR introduced IronBOT, a robot designed for rebar handling. Construction Robotics has introduced a new robot, named RodBOT, that can autonomously tie vertical rebar intersections at a rapid rate. This new robot works alongside ACR’s first robot, TyBOT, which can tie horizontal rebar intersections over 1,100 times per hour.

The Construction Robots Market report includes a detailed analysis of market dynamics, statistical insights, competitive landscape, market segmentation by function, type, and end-use, regional analysis, company profiles, and use cases. The report provides valuable information for industry professionals and investors.

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