Product Code: BMIRE00029208
The North America collaborative robots market is expected to grow from US$ 134.90 million in 2022 to US$ 909.64 million by 2030. It is estimated to grow at a CAGR of 26.9% from 2022 to 2030.
Advancement in Robotics Industry Fuel North America Collaborative Robots Market
In the coming years as machine learning algorithms and other technologies such as neuromorphic chips improvise their capabilities to enable smarter robots, the collaborative robots soon would be able to perform the tasks that only humans can do now, in fact in a better way. These robots will then be able to access a plethora of database and recognize machines, people, and parts, further enabling them to derive critical insights and act upon them. This is anticipated to be a key trend for the collaborative robots over the coming years. In addition, the players in this industry are significantly investing in the development of collaborative robots integrated with artificial intelligence and machine learning. The integration of artificial intelligence in these robots will further enhance the support to the human operators, which will be beneficial for countries with inadequate and expensive labour force.
North America Collaborative Robots Market Overview
Manufacturing industry plays a vital role in the North American economy. The region comprises of developed nations i.e., the U.S., and Canada, as well as Mexico as a developing country. The availability of efficient infrastructure in the developed nations has enabled the manufacturing companies to explore the limits of science, technology, and commerce.
Furthermore, the U.S. manufacturing sector is the second largest in the world, which accounted for around US$ 2.3 trillion in 2021. In 1970s, manufacturing industry was the biggest component of the country's economy. However, later the country witnessed a shift towards service-based economy. This shift was attributed to several factors including the growth of banking and finance sector, and surging healthcare sector owing to increasing healthcare costs. This has resulted in the country's loss of global manufacturing market share. Another major reason was the high standard of living in the U.S. as compared to other developing economies around the world, which made the U.S. less cost competitive due to high labor costs.
North America Collaborative Robots Market Revenue and Forecast to 2030 (US$ Million)
North America Collaborative Robots Market Segmentation
The North America collaborative robots market is segmented into payload, application, type, end-user industry, and country.
Based on payload, the North America collaborative robots market is segmented into up to 5 kgs, 5-10 kgs, and above 10 kgs. The above 10 Kgs segment held a largest share of the North America collaborative robots market in 2022.
In terms of application, the North America collaborative robots market is segmented into assembly, material handling, pick & place, quality testing, packaging, machine tending, welding, and others. The assembly segment held the largest share of the North America collaborative robots market in 2022.
Based on type, the North America collaborative robots market is segmented into robotic arm, grippers, welding guns, and others. The robotic arm segment held largest share of North America collaborative robots market in 2022.
In terms of end-user industry, the North America collaborative robots market is automotive, metal & machinery, electronics, pharmaceuticals, food & beverages, logistics, and others. The automotive segment held largest share of North America collaborative robots market in 2022.
By country, the North America collaborative robots market is segmented int o the US, and Canada and Mexico. The US dominated the North America collaborative robots market in 2022.
Kuka AG, Yaskawa America Inc, Aubo (Beijing) Robotics Technology Co Ltd, Doosan Robotics Inc, Fanuc Corp, ABB Ltd, Universal Robots AS and Kawasaki Heavy Industries Ltd are some of the leading companies operating in the North America collaborative robots market.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. North America Collaborative Robots Market Landscape
- 4.1 Overview
- 4.2 Market Drivers
- 4.2.1 Government Support for the Development and Deployment of Robotics
- 4.3 Market Restraints
- 4.3.1 Relatively Slow Production Rate
- 4.3.2 Widespread Adoption of Industrial Automation in Diverse Industries
- 4.4 Future Trends
- 4.4.1 Advancement in Robotics Industry
- 4.5 Impact Analysis
5. Collaborative Robots Market - North America Market Analysis
- 5.1 North America Collaborative Robots Market Volume (Units)
- 5.2 North America Collaborative Robots Market Revenue (US$ Million)
- 5.3 North America Collaborative Robots Market Forecast and Analysis
6. North America Collaborative Robots Market Analysis - Payload
- 6.1 Up to 5 Kgs
- 6.1.1 Overview
- 6.1.2 Up to 5 Kgs Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 6.2 5-10 Kgs
- 6.2.1 Overview
- 6.2.2 5-10 Kgs Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 6.3 Above 10 Kgs
- 6.3.1 Overview
- 6.3.2 Above 10 Kgs Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
7. North America Collaborative Robots Market Analysis - Application
- 7.1 Assembly
- 7.1.1 Overview
- 7.1.2 Assembly Market Volume, Revenue, and Forecast to 2030 (Units) (US$ Million)
- 7.2 Material Handling
- 7.2.1 Overview
- 7.2.2 Material Handling Market Volume, Revenue, and Forecast to 2030 (Units) (US$ Million)
- 7.3 Pick & Place
- 7.3.1 Overview
- 7.3.2 Pick & Place Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 7.4 Quality Testing
- 7.4.1 Overview
- 7.4.2 Quality Testing Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 7.5 Packaging
- 7.5.1 Overview
- 7.5.2 Packaging Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 7.6 Machine Tending
- 7.6.1 Overview
- 7.6.2 Machine Tending Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 7.7 Welding
- 7.7.1 Overview
- 7.7.2 Welding Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 7.8 Others
- 7.8.1 Overview
- 7.8.2 Others Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
8. North America Collaborative Robots Market Analysis - Type
- 8.1 Robotic Arm
- 8.1.1 Overview
- 8.1.2 Robotic Arm Market Volume, Revenue, and Forecast to 2030 (Units) (US$ Million)
- 8.2 Grippers
- 8.2.1 Overview
- 8.2.2 Grippers Market Volume, Revenue, and Forecast to 2030 (Units) (US$ Million)
- 8.3 Welding Guns
- 8.3.1 Overview
- 8.3.2 Welding Guns Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 8.4 Others
- 8.4.1 Overview
- 8.4.2 Others Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
9. North America Collaborative Robots Market Analysis - End-User Industry
- 9.1 Automotive
- 9.1.1 Overview
- 9.1.2 Automotive Market Volume, Revenue, and Forecast to 2030 (Units) (US$ Million)
- 9.2 Metal & Machinery
- 9.2.1 Overview
- 9.2.2 Metal & Machinery Market Volume, Revenue, and Forecast to 2030 (Units) (US$ Million)
- 9.3 Electronics
- 9.3.1 Overview
- 9.3.2 Electronics Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 9.4 Pharmaceuticals
- 9.4.1 Overview
- 9.4.2 Pharmaceuticals Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 9.5 Food & Beverages
- 9.5.1 Overview
- 9.5.2 Food & Beverages Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 9.6 Logistics
- 9.6.1 Overview
- 9.6.2 Logistics Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
- 9.7 Others
- 9.7.1 Overview
- 9.7.2 Others Market Volume, Revenue and Forecast to 2030 (Units) (US$ Million)
10. North America Collaborative Robots Market - Country Analysis
- 10.1 North America
- 10.1.1 North America North America Collaborative Robots Market Overview
- 10.1.2 North America North America Collaborative Robots Market, By Key Country- Revenue 2022 (US$ Million)
- 10.1.3 North America North America Collaborative Robots Market Revenue and Forecasts and Analysis - By Countries
- 10.1.3.1 North America Collaborative Robots Market Breakdown by Country
- 10.1.3.2 US Collaborative Robots Market Volume and Forecasts to 2030 (Units)
- 10.1.3.3 US Collaborative Robots Market Revenue and Forecasts to 2030 (US$ Million)
- 10.1.3.3.1 US Collaborative Robots Market Breakdown by Payload
- 10.1.3.3.2 US Collaborative Robots Market Breakdown by Payload
- 10.1.3.3.3 US Collaborative Robots Market Breakdown by Application
- 10.1.3.3.4 US Collaborative Robots Market Breakdown by Application
- 10.1.3.3.5 US Collaborative Robots Market Breakdown by Type
- 10.1.3.3.6 US Collaborative Robots Market Breakdown by Type
- 10.1.3.3.7 US Collaborative Robots Market Breakdown by End-User Industry
- 10.1.3.3.8 US Collaborative Robots Market Breakdown by End-User Industry
- 10.1.3.4 Canada Collaborative Robots Market Volume and Forecasts to 2030 (Units)
- 10.1.3.5 Canada Collaborative Robots Market Revenue and Forecasts to 2030 (US$ Million)
- 10.1.3.5.1 Canada Collaborative Robots Market Breakdown by Payload
- 10.1.3.5.2 Canada Collaborative Robots Market Breakdown by Payload
- 10.1.3.5.3 Canada Collaborative Robots Market Breakdown by Application
- 10.1.3.5.4 Canada Collaborative Robots Market Breakdown by Application
- 10.1.3.5.5 Canada Collaborative Robots Market Breakdown by Type
- 10.1.3.5.6 Canada Collaborative Robots Market Breakdown by Type
- 10.1.3.5.7 Canada Collaborative Robots Market Breakdown by End-User Industry
- 10.1.3.5.8 Canada Collaborative Robots Market Breakdown by End-User Industry
- 10.1.3.6 Mexico Collaborative Robots Market Volume and Forecasts to 2030 (Units)
- 10.1.3.7 Mexico Collaborative Robots Market Revenue and Forecasts to 2030 (US$ Million)
- 10.1.3.7.1 Mexico Collaborative Robots Market Breakdown by Payload
- 10.1.3.7.2 Mexico Collaborative Robots Market Breakdown by Payload
- 10.1.3.7.3 Mexico Collaborative Robots Market Breakdown by Application
- 10.1.3.7.4 Mexico Collaborative Robots Market Breakdown by Application
- 10.1.3.7.5 Mexico Collaborative Robots Market Breakdown by Type
- 10.1.3.7.6 Mexico Collaborative Robots Market Breakdown by Type
- 10.1.3.7.7 Mexico Collaborative Robots Market Breakdown by End-User Industry
- 10.1.3.7.8 Mexico Collaborative Robots Market Breakdown by End-User Industry
11. Company Profiles
- 11.1 Kuka AG
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Yaskawa America Inc
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Aubo (Beijing) Robotics Technology Co Ltd
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Doosan Robotics Inc
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Fanuc Corp
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 ABB Ltd
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 Universal Robots AS
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Kawasaki Heavy Industries Ltd
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
12. Appendix