Construction and Demolition robots is a manifestation of robotics in the construction industry, it is a specifically designed robot which is a harmless alternative for manual demolition. Whereas, the Demolition robots are multifaceted assemblies of drills, breaker, loader buckets, and crusher. They are prevailing in variety of sizes, capacity, attachments, and mode of operation of buildings and several other structures. Such robots are compact in size as equalled to traditional demolition equipment and hence fit in small space. In addition, the demolition of old construction is a risky task and demolition robots decreases the probability of accidents to higher extent.
According to the report analysis, ‘APAC Construction & Demolition Robots Market by Product Type, Automation Degree, Robot Function, Application Vertical and Country 2014-2025: Growth Opportunity and Business Strategy’ states that Advanced Construction Robotics, Apis Cor, Autonomous Solutions, Inc., Brokk AB, Conjet AB, Construction Robotics, LLC, cyberdyne, Inc., Ekso Bionics, Fastbrick Robotics Limited, Fujita Corporation, Husqvarna Group, Komatsu Limited, Lifco AB, MX3D, nLink Construction Robotics, Sarcos Corporation, TopTecSpezialmaschinen GmbH, Yingchuang Building Technique Co., U.S. Bionics, Inc. (suitX) and many others are the foremost corporate which recently operating in APAC construction and demolition robots market more effectively for leading the highest market growth and dominating the great value of market share around the globe during the review duration while decreasing the associated cost, delivering the better consumer satisfaction, employing the young and intellectual workforce, establishing the several research and development programs, implementing the policies and strategies of enlargements and profit making, spreading the awareness connected to the applications of such, developing the qualitative and quantitative strategies and analysing the strategies of government as well as corporate.
In addition, the effective augment in activities such as reconstruction, renovation, and remodelling owing to augment in number of old constructions is projected to drive the growth of the demolition robots market during the review period. Not only has this, the speedy increment in urbanization and industrialization in underdeveloped countries such as India, China, Brazil, Bangladesh, Egypt, and Russia has resulted in the need of fresh construction and refurbishment of old construction, which is projected to propel the growth the market throughout the forecast period. Further, augment in adoption of robots in the construction industry owing to savings in cost and time is also predicted to accelerate the growth of the market throughout the forecast period.
Moreover, the high initial cost of construction and demolition robots is predicted to restrain the growth of the market throughout the forecast period. The COVID-19 pandemic has enforced several companies in the worldwide market to halt their business operations to comply with fresh government regulations to curb the spread of COVID-19. This halt in functions directly impacts the revenue flow of the construction and demolition robot market supply chain. In addition, the implementation of lockdown and the requirement to maintain social distancing throughout this pandemic have resulted in dearth of manpower, which, in turn, has negatively wedged the demolition robot market revenue.
Whereas, the Technological advancements such as IoT (Internet of Things), Telematics, and AI (Artificial Intelligence) deliver the lucrative opportunities for the improvements of efficient and cost-effective demolition robots. This is projected to drive the growth of the demolition robots market throughout the forecast period.
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Ankur Gupta, Head Marketing & Communications