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Construction 4.0 Market Research Report Information By Solution (Hardware, Software, Services), By Technology (IoT, Artificial Intelligence, Industrial Robots, Others), By Application (Predictive Maintenance, Fleet Management, Asset Monitoring, Wearables, Others), By End User (Residential, Non-residential), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032


ID: MRFR/ICT/11072-HCR | 128 Pages | Author: Pradeep Nandi| June 2024

Construction 4.0 Market Overview


Construction 4.0 Market Size was valued at USD 12.1 Billion in 2022. The construction 4.0 industry is projected to grow from USD 14.27 Billion in 2023 to USD 53.26 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 17.90% during the forecast period (2023 - 2032). The growing application of 3D printing, IoT, and other technologies in the building industry are the key market drivers accelerating market expansion.


Construction 4.0 Market


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Construction 4.0 Market Trends




  • Growing IoT usage is driving the market growth




Market CAGR for construction 4.0 is being driven by the growing IoT usage. The term "construction 4.0" refers to the use of artificial intelligence (AI), building information modeling (BIM), and other technologies in the construction business. The construction sector uses industrial 4.0 technology to reduce human error, eliminate repetitive tasks, and boost project productivity. Industry 4.0 uses technology to make decisions and keeps in touch with one another while working on construction projects via sensors and internet connectivity.


Additionally, converging construction sites to maximize efficiency and minimize errors is the goal of the growing usage of IoT, 3D printing, and other technologies in the industry. IoT technologies like sensors, smart wearables, augmented reality, building information modeling, and RFID tags are used by the construction sector to manage projects more effectively, increase productivity, and maximize resource usage. rise in number. The demand for automation and worker safety in the construction industry is growing, and this need is being driven by the availability of energy-efficient and easily accessible technologies such as artificial intelligence and industrial robots. Thus, the construction 4.0 market is expanding. Further driving the market's growth is the improved efficiency and productivity on construction sites, which raises the requirement for technologies like virtual reality and the Internet of Things (IoT).


With the use of IoT, AI, and BIM-based technologies in construction sites and the deployment of drones, CCTV cameras, and sensors to gather real-time data about workers, inventories, and ongoing activities, the construction 4.0 market share is growing. Industrial robots are also used in the construction industry to build massive structures and dismantle buildings, which increases demand and broadens the market for these machines. The expansion of the market is being hindered by the rise in security concerns in connected devices. Because digital technologies reduce human mistake and repetitious effort, they are being used more and more in building activities. Drones, augmented reality, building information modeling, and 3D scanning are a few examples of the new technology employed in construction.


For instance, according to a January 2023 ETCIO article, Check Point Research (CPR) revealed updated statistics on 2022 cyber-attack trends, indicating a 38% rise in worldwide cyber-attacks in 2022 over 2021.The integrity and confidentiality of the data are jeopardized by this. Such occurrences impede market expansion. Thus, result in driving the construction 4.0 market revenue.

Recent News

December 2023: BIM software company acquires AI startup: Autodesk, a leading provider of building information modeling (BIM) software, acquires a startup specializing in AI-powered construction site monitoring. This acquisition highlights the increasing convergence of BIM and AI in Construction 4.0.

January 2024: 3D printing technology advances for construction applications: A new 3D printing technology capable of printing large-scale structures is unveiled. This technology has the potential to revolutionize the construction industry by reducing costs, waste, and construction time.

Construction 4.0 Market Segment Insights


Construction 4.0 Solution Insights


The Construction 4.0 Market segmentation, based on Solution includes Hardware, Software, and Services. The software segment dominated the market. Construction 4.0 techniques are enabled and supported in large part by software. The software component includes a variety of tools such as data analytics software, scheduling and planning tools, BIM software, collaboration platforms, and project management software.


Figure1: Construction 4.0 Market, by Solution, 2022&2032 (USD Billion)


Construction 4.0 Market, by Solution, 2022&2032


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Construction 4.0 Technology Insights


The Construction 4.0 Market segmentation, based on Technology, includes IoT, Artificial Intelligence, Industrial Robots, and Others. The IoT category generated the most income. One benefit of loT expanding its application in Construction 4.0 is the most effective use of the available resources with strong technological planning, regulated costs, and reduced risks. Applications of the Internet of Things (IoT) are widespread in the construction industry.


Construction 4.0 Application Insights


The Construction 4.0 Market segmentation, based on Application includes Predictive Maintenance, Fleet Management, Asset Monitoring, Wearables, and Others. The asset monitoring segment dominated the market. This can be linked to the growing use of asset management software by construction companies, who want to maximize the value of their assets and manage them effectively. The increasing use of AI algorithms, ML, and data analytics by asset managers to schedule maintenance, detect maintenance needs, and forecast possible failures will contribute to the segment's growth.


Construction 4.0 End User Insights


The Construction 4.0 Market segmentation, based on End User, includes Residential, and Non-residential. The residential category generated the most income. Constructing individual homes, condominiums, and residential complexes are examples of residential constructions. Virtual reality and 3D printing are a couple of the technologies utilized in this section. The non-residential section includes construction projects for infrastructure, hotels, hospitals, and other commercial buildings.


Construction 4.0 Regional Insights


By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American construction 4.0 market area will dominate this market, because of the advanced infrastructure that is present. Aside from this, the increasing adoption of digital solutions in building processes is fostering the expansion of the regional market.


Further, the major countries studied in the market report are The US, German, France, the UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil.


Figure2: CONSTRUCTION 4.0 MARKET SHARE BY REGION 2022 (USD Billion)


CONSTRUCTION 4.0 MARKET SHARE BY REGION 2022


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Europe construction 4.0 market has the second-largest portion of the market because infrastructure development, energy efficiency, and sustainable building are receiving more attention. Further, the German construction 4.0 market maintained the most market share, and the UK construction 4.0 market was the European market with the quickest rate of growth.


The Asia-Pacific Construction 4.0 Market is anticipated to expand between 2023 and 2032 at the quickest CAGR. The cause for this market's expansion in this area is the increase in government spending in the infrastructure sector. Moreover, China’s construction 4.0 market maintained the most market share, and the Indian construction 4.0 market was the Asia-Pacific region's fastest-growing market.


Construction 4.0 Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development in order to expand their product lines, which will help the construction 4.0 market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, construction 4.0industry must offer cost-effective items.


Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global construction 4.0 industry to benefit clients and increase the market sector. In recent years, the construction 4.0 industry has offered some of the most significant advantages to medicine. Major players in the construction 4.0 market, including Advanced Opto-Mechanical Systems and Technologies Inc., Trimble, Inc., Hexagon AB, CalAmp Corporation, Hilti Corporation, Autodesk Inc., ABB Ltd., and others, are attempting to increase market demand by investing in research and development operations.


American software, hardware, and services technology business Trimble Inc. Building and construction, agriculture, GIS, utilities, natural resources, governments, and transportation are just a few of the international industries Trimble serves. In addition, Trimble develops hardware for unmanned aerial vehicles (UAVs), inertial navigation systems, scanners, laser rangefinders, and global navigation satellite system (GNSS) receivers. It also produces software processing tools. In May 2020, To make it easier to locate and fill truckload capacity, Trimble and Kuebix introduced next-generation Community Load Match features.


Oracle Corporation has its main office in Austin, Texas. In terms of both revenue and market capitalization, Oracle ranked as the third-biggest software firm globally in 2020. The company offers enterprise software products, including supply chain management (SCM), customer relationship management (CRM), enterprise performance management (EPM), enterprise resource planning (ERP), human capital management (HCM), and cloud-engineered systems. It also sells database software and technology, especially under its own brands. In December 2020, Oracle declared its intention to relocate its global headquarters from Redwood Shores, California, to Austin, Texas.


Key Companies in the construction 4.0 market include



  • Advanced Opto-Mechanical Systems and Technologies Inc.

  • Trimble, Inc.

  • Hexagon AB

  • CalAmp Corporation

  • Hilti Corporation

  • Autodesk Inc.

  • ABB Ltd.

  • Topcon Corporation

  • Oracle Corporation

  • Mitsubishi Electric Corporation


Construction 4.0 Industry Developments


January 2022: Hexagon has initiated a novel open innovation start-up platform with the aim of expediting technology commercialization within the worldwide manufacturing sector.


January 2023: Topcon has expanded its product line throughout North America and added the 2D-MC automatic grade control solution for compact track loaders to its portfolio of compact solutions.


January 2021: Autodesk Inc. introduced innovative cloud-based technology. Toledo, Ohio now has a robust water system because to Arcadis's use of 3D modeling and cloud collaboration.


Construction 4.0 Market Segmentation


Construction 4.0 Solution Outlook



  • Hardware

  • Software

  • Services


Construction 4.0 Technology Outlook



  • IoT

  • Artificial Intelligence

  • Industrial Robots

  • Others


Construction 4.0 Application Outlook



  • Predictive Maintenance

  • Fleet Management

  • Asset Monitoring

  • Wearables

  • Others


Construction 4.0 End User Outlook



  • Residential

  • Non-residential


Construction 4.0 Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America



Report Attribute/Metric Details
Market Size2022 USD 12.1 Billion
Market Size 2023 USD 14.27 Billion
Market Size2032 USD 53.26 Billion
Compound Annual Growth Rate (CAGR) 17.90% (2023-2032)
Base Year 2022
Market Forecast Period 2023-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Solution, Technology, Application, End User, and Region
Geographies Covered North America, Europe, AsiaPacific, and the Rest of the World
Countries Covered The US, German, France, UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil
Key Companies Profiled  Advanced Opto-Mechanical Systems and Technologies Inc., Trimble, Inc., Hexagon AB, CalAmp Corporation, Hilti Corporation,
Key Market Opportunities ·       An increase in consciousness in developing nations
Key Market Dynamics ·       The use of digital technologies in construction operations is growing.


Frequently Asked Questions (FAQ) :

In 2022, the construction 4.0 market size was estimated to be around USD 12.1 billion.

From 2023 to 2032, the global market is expected to expand at a compound annual growth rate (CAGR) of 17.90%.

North America held the most market share worldwide.

The key players in the market are Advanced Opto-Mechanical Systems and Technologies Inc., Trimble, Inc., Hexagon AB, CalAmp Corporation, Hilti Corporation, Autodesk Inc., ABB Ltd.

The software category dominated the market in 2022.

The IoT had the largest share in the global market.

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