[Media Hotspot] BBC quotes QYResearch's latest global construction robot market report

The BBC published a "Why robots will build the cities of the future" article on November 1, 2018, in which the data from QYResearch's market research report on building robots was cited.

BBC original: https://www.bbc.com/news/business-46034469

This report examines construction robots, including remotely demolition robots, architectural 3D printing robots, bricklaying robots, and remote rescue robots. These robots are mainly used in the metallurgical industry, cement industry, construction, tunnels, mining and earthquake disasters.

According to the data analysis of the QYResearch Machinery and Equipment Research Center: the global construction robot market value reached US$200 million in 2017, and is expected to reach US$420 million by the end of 2025, with a compound annual growth rate of 10.0% during 2018-2025.

The construction robot market is driven by the current entrepreneurial boom, and actual demand around the world, such as Japanese construction sites, is enjoying a wave of automation in the face of an increasingly labor shortage. According to the Japan Federation of Building Contractors, by 2025, construction workers will be reduced by 1.28 million compared with 2014. According to the Ministry of Land Infrastructure, Transport and Tourism, in 2015 about 30% of construction workers were over 55 years old, while those under 29 were only about 10%.

Europe and North America dominate the construction robot market; in the future, China and Japan will play a more important role in the future, especially in China, which is now very active and more participants are looking for market opportunities.

https://www.qyresearch.com/index/detail/184186/global-construction-robots-market