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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Construction Robot Market predicted.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Construction Robot Market predicted."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Construction Robot Market predicted to grow over 2018-2024: Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The commercial sector is expected to grow over the coming years in the construction robot market due to the rise in the commercial infrastructure activities. The need for advanced technologies and products is increasing rapidly, which is being catered to by manufacturers in the construction robot market. The increasing infrastructure projects in developing countries including India, China, and South Korea are creating a high demand for advanced and automated machines, which will support the workforce to perform several big tasks within a limited time. The required efficiency and productivity in the development of these projects are crucial to ensure the strength and stability of the infrastructure.  North America accounted for the majority of the industry shares in the construction robot market. The technological advancements and availability that are provided by the manufacturers cater to the demand and requirements of the customers in the region. Moreover, the presence of major players and huge customer base in the region offer a high growth potential. The areas of applications include underground mining, structural assembly, and underwater search and inspection. With the increase in the commercial infrastructures in the region, the construction robot market will experience high growth and development. Regional Analysis of Construction Robot Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Construction Robot Market:  Remote control machines account for a significant market share of the construction robot market. The growing needs and requirements for automation and reducing human efforts in the industry are encouraging the players to develop new technologies, which would support the workforce to perform the operations and tasks efficiently and effectively on proper time. This will benefit the organization by increasing the productivity within a shorter period and reducing the high costs associated with the hiring of skilled workforce in the industry.  For instance, Husqvarna DXR have advanced features such as low weight, high power, and functional design. The advantages of these machines for the industry are wider reach with the help of an arm that can rotate 360-degree, efficiency, ease-of-operation, and compact design. Such advantages are propelling the equipment usage thereby positively impacting the construction robot market.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Key players operating in the construction robot market are Husqvarna, Conjet AB, Brokk AB, Giant Hydraulic Tech, TopTec Spezialmaschinen GmbH, Alpine, Cazza, Construction Robotics, ULC Robotics, Beijing Borui Intelligent Control Technology, Shimizu Construction, Fast Brick Robotics, and Fujita Corporation.  These players are competing based on the customer demands and requirements for performing several operations and tasks efficiently and effectively with the help of highly automated products, saving on human efforts and time.  Several strategies adopted by these players in the construction robot market include new product development and product differentiation to attract the customers. The demand for these machines is projected to increase in the construction robot market with the rise in the development of infrasturcture projects. Competitive Market Share of Construction Robot Market:

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Construction Robot Market @ https://bit.ly/2vbRl46https://bit.ly/2vbRl46 Request for an in-depth table of contents for this report @ https://bit.ly/2nuFBoW

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