The global construction industry experienced a 44% drop in company filings mentions of robotics in Q2 2023 compared with the previous quarter, with the highest share accounted for by ABB with 55% year-on-year decrease, according to GlobalData’s analysis of over 150 construction company filings. GlobalData’s Robotics in Construction – Thematic Intelligence market report provides a detailed understanding on how Robotics impacts the value chain in the Construction sector, and the leading Robotics adopters and vendors in the market. Buy the report here.
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Notably, robotics was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of sharing economy and edtech, according to GlobalData.
Of the top leading companies in the construction industry, ABB had the greatest increase in references for robotics in Q2 2023, compared with the previous quarter. GlobalData identified 18 robotics-related sentences in the company's filings - 6% of all sentences - and a decrease of 55% in Q2 2023 compared with Q2 2022. CNH Industrial’s mentions of robotics rose by 250% to 7 and Toro’s by 150% to 5 and KONE’s by 300% to 4.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for robotics in Q2 2023 was 114.
To further understand GlobalData's analysis on Robotics in Construction - Thematic Intelligence, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
