Market Share of Construction Robots Industry
The construction robots market is fragmented with the presence of major players like Brokk AB (Lifco Public AB), Husqvarna AB, Construction Robotics LLC, FBR Ltd., and Advanced Construction Robotics Inc. Players in the market are adopting strategies such as partnerships, innovations, and acquisitions to enhance their product offerings and gain a sustainable competitive advantage.
In December 2022, Ekso Bionics, an industry leader in exoskeleton technology for medical and industrial use, announced the acquisition of the Human Motion and Control ("HMC") Business Unit from Parker Hannifin Corporation ("Parker"), a global leader in motion and control technologies. The acquisition included the Indegolower limb exoskeleton line of products as well as the planned development of robotic-assisted orthotic and prosthetic devices.
In October 2022, Brokk, the world's leading manufacturer of remote-controlled demolition robots, announced the addition of the BROKK SURFACE GRINDER 530 (BSG 530) attachment for material removal, such as paint and asbestos, surface preparation, and polishing on walls, floors, and ceilings in renovation and restoration applications.
In August 2022, Husqvarna Construction entered into a strategic partnership with AABTools, the region's leading industrial tools and equipment supplier. Husqvarna Construction's organic products were to be distributed by AABTools, including heavy-duty and high-frequency concrete coring machines, wall saws designed for brick and reinforced concrete, remote-controlled demolition robots, and twenty-plus models of handheld power cutters, dust extractors, and floor saws.
Construction Robots Market Leaders
-
Brokk AB
-
Husqvarna AB
-
Construction Robotics, LLC
-
FBR Ltd
-
Advanced Construction Robotics Inc.
*Disclaimer: Major Players sorted in no particular order