Global C&D robot market to expand in coming years

The latest market research report by Technavio, London, shows that the global construction and demolition robots market is expected to grow significantly over the next several years. According to the report, lack of manpower in developed countries and a continued trend towards skyscraper and mixed-use projects will lead to a compound annual growth rate (CAGR) of over 9 percent in the C&D robotics sector from 2018-2022.

The report segments the global construction and demolition robots market by application (heavy/civil construction, building construction, and nuclear dismantling and demolition), by products (construction robots and demolition robots), and by geography (the Americas; Europe, the Middle East and Africa, or EMEA; and Asia-Pacific). The report provides a detailed illustration of the major factors influencing the market, including drivers, opportunities, trends and industry-specific challenges.

Lack of manpower in developed countries: a major market driver

The growing labor shortage faced by construction and demolition firms and contractors across several developed markets, such as the U.S., Europe and Australia is a major challenge. The shift of manpower from jobs that require physical labor toward more white-collar jobs has added to this challenge, the report says. Younger generations are less interested in construction and demolition jobs, which is leading to a pool of fewer young workers capable of replacing those who are retiring from the industry. Because It is becoming very difficult for the businesses in these industries to hire workers for site jobs in these markets, the adoption of robots is expected to grow during the forecast period.

Growth in skyscrapers and mixed-use building projects: an emerging market trend

The growing need for infrastructure, such as condominiums, offices, multi-family homes, hospitals, and hotels can be attributed to the rise in the global population and increasing urbanization. This growing population has also resulted in demand for land that is unavailable. This has given rise to more skyscrapers, which offer building capacity without excessive land requirements.

According to a senior analyst at Technavio, “There are several ongoing high-rise projects, which are expected to be completed during the forecast period. Several of these skyscraper projects are mixed-use developments. They can be used for urban developments with a blend of residential, commercial, cultural, institutional or entertainment uses, where all the functions are physically and functionally integrated, thus, providing pedestrian connections. Construction activities are expected to give rise to demand for construction and demolition robots during the forecast period.”

Global market opportunities

In terms of regional dominance, EMEA led the global construction and demolition robots market, followed by Asia-Pacific and the Americas in 2017. EMEA is expected to continue dominating the market in the coming years, while Asia-Pacific will witness the highest growth due to huge investments in infrastructure development during the forecast period.

The report is available for purchase online.