The construction robots market is experiencing “significant growth” as automation and AI-driven technologies revolutionize construction processes, improving efficiency, safety, and productivity across various applications.
The SNS Insider report indicates that the Construction Robots Market size was valued at $1.15 billion in 2023. It is expected to grow to $4.10 billion by 2032, exhibiting a compound annual growth rate of 15.18 percent over the forecast period of 2024-2032.
The Construction Robots Market is experiencing unprecedented growth due to rapid technological advancements, increasing automation adoption, and a pressing need to address labor shortages in the construction industry. [Read more…] about Construction robotics market set to grow from $1.15 billion to $4.10 billion