The global construction industry experienced a 73% drop in company filings mentions of robotics in Q2 2024 compared with the previous quarter, with the highest share accounted for by with 17% year-on-year decrease, according to GlobalData鈥檚 analysis of over 47 construction company filings. GlobalData’s Construction: Filings Trends & Signals Q2 2024 report delves into earnings call transcripts and quarterly reports within the construction industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events.
Notably, robotics was one of the most frequently referenced themes in Q2 2024, ranking highest in terms of mentions, ahead of low cost evolution and energy transition, according to GlobalData.
Of the top leading companies in the construction industry, had the greatest increase in references for robotics in Q2 2024, compared with the previous quarter. GlobalData identified 15 robotics-related sentences in the company's filings - 3% of all sentences - and a decrease of 17% in Q2 2024 compared with Q2 2023. Honeywell International鈥檚 mentions of robotics dropped by 25% to 3 and Caterpillar鈥檚 by 33% to 2 and CNH Industrial鈥檚 by 86% to 1 and Prologis鈥檚 by 83% to 1.
GlobalData鈥檚 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 2024 was 106.
For further understanding of GlobalData's Construction: Filings Trends & Signals Q2 2024,
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