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Robotics on the Rise: Industry to Hit $226M By 2025

In a new report from research firm Tractica, the company claims construction robot-driven revenue will jump from $22.7 million in 2018 to $226 million in the next six years. So reports Robotics Business Review.

The company also said more than 7,000 robots are expected to be in operation for construction and demolition-related tasks. One analyst said medium and large companies are looking to address “labor shortages, safety, speed, accuracy, and integration with building automation and building information modeling (BIM) systems.”  

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