NORTH AMERICA INDUSTRIAL ROBOTICS MARKET FORECAST 2024-2032
SCOPE OF THE REPORT
North America Industrial Robotics Market by Robot Type (Articulated Robots, Cartesian Robots, SCARA Robots, Cylindrical Robots, Other Robot Types) Market by Application (Material Handling, Assembling & Disassembling, Welding & Soldering, Dispensing, Processing, Other Applications) Market by End-user (Automotive, Electronic & Electric, Machinery Products & Metal, (Chemical, Plastics, and Rubber), Food & Beverage, Other End-users) by Geography
REPORTS » AUTOMATION » ROBOTICS » NORTH AMERICA INDUSTRIAL ROBOTICS MARKET FORECAST 2024-2032
MARKET OVERVIEW
The North America industrial robotics market is predicted to record a CAGR of 12.14% during the forecast period, 2024-2032, and is set to reach a revenue of $xx million by 2032.
The growing demand for industrial robotics in North America is accredited to trade policies, technical improvements, and wager pressures.
The North America industrial robotics market growth evaluation includes the assessment of the United States and Canada. The rising ability of mobile and collaborative robots, enhanced control technology, and cheap sensors have benefitted manufacturing and supply chain operations in the United States. Also, the country has a strong presence of industrial automation suppliers like Yaskawa, KUKA, FANUC, and ABB. Whereas Inrotech signed a purchase order in March 2021, which entailed an extensive set of welding robots for shipbuilding.
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Furthermore, the increasing launch of new products and growing investments are supplementing the market growth. For instance, in 2021, LG Business Solutions USA launched the UV robot in the transportation, restaurant, retail, education, hospitality, and corporate sectors. Another essential driver of market growth is strong R&D investments. Moreover, the automotive industry accounts for most market demands. However, several other industries are adopting automation in their production facilities. Such factors offer growth opportunities.
The North America industrial robotics market segmentation includes robot type, end-user, and application. The end-user segment includes electronic & electric, automotive, machinery products & metal, food & beverage, chemical, plastics, and rubber, and other end-users.
The food & beverage industry consistently faces the challenge of adhering to FDA and other regulations to uphold food safety and quality standards. Embracing automation emerges as a definitive remedy to alleviate these pressures, with automated processes demonstrating their ability to enhance efficiency, bolster traceability, and safeguard the reputation of the brand—all while meeting regulatory requirements.
Consequently, automation not only boosts efficiency but also enhances quality control within the Food & Beverage sector. As a result, companies are increasingly adopting Industrial Robots, which empower continuous improvement and contribute to overall enhancements in quality, safety, and profitability. The prevalent use of Articulated robots, Cartesian robots, and SCARA robots underscores their significance in the Food & Beverage industry.
Further, the electronics industry encompasses activities related to the conception, design, manufacturing, and marketing of devices like radios, televisions, stereos, computers, semiconductors, transistors, and integrated circuits. This industry is diverse, comprising different sectors, with the semiconductor sector serving as a pivotal driving force. In the Electronic and Electric industry, Industrial Robots, including Collaborative robots, SCARA robots, and Delta robots, play a significant role.
Some of the key companies in the North America industrial robotics market include Seiko Epson Corporation, SCHUNK GmbH, Rockwell Automation Inc, Rethink Robotics, etc.
Rockwell Automation Inc, commonly referred to as Rockwell, is a leading provider of solutions in industrial automation, specializing in power, control, and information services. The company is organized into two key segments, architecture & software and control products & solutions. In the architecture & software division, Rockwell offers a comprehensive range of automation and information platforms, encompassing both hardware and software components.
This further includes programmable automation controllers, software for design, visualization, and simulation, as well as human-machine interface products, networking solutions, industrial computers, sensing devices, machine safety devices, motion control products, and independent cart technology products. Headquartered in Milwaukee, Wisconsin, Rockwell primarily conducts its operations across North America, Europe, the Middle East, Africa, Asia-Pacific, and Latin America.
REPORT SYNOPSIS
REPORT SCOPE | DETAILS |
---|---|
Market Forecast Years | 2024-2032 |
Base Year | 2023 |
Market Historical Years | 2018-2022 |
Forecast Units | Revenue ($ Million) |
Segments Analyzed | Robot Type, End-User, and Application |
Countries Analyzed | The United States and Canada |
Companies Analyzed | ABB Ltd, Aurotek Corporation, FANUC Corporation, Kawasaki Heavy Industries Ltd, KUKA AG, Mitsubishi Electric Corporation, Nachi Fujikoshi Corporation, Omron Adept, Rethink Robotics, Rockwell Automation Inc, SCHUNK GmbH, Seiko Epson Corporation, Stäubli International AG, Universal Robots, Yamaha Robotics |
RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- SCOPE OF STUDY
- CRISIS SCENARIO ANALYSIS
- MAJOR MARKET FINDINGS
MARKET DYNAMICS
- KEY DRIVERS
- EMERGENCE OF SMART FACTORIES
- GROWING ADOPTION OF INDUSTRIAL ROBOTS IN THE FOOD & BEVERAGE, AUTOMOTIVE, ELECTRICAL, AND ELECTRONICS INDUSTRIES
- CONTINUAL R&D AND INVESTMENTS IN ROBOTICS
- KEY RESTRAINTS
- COST OF INITIAL PURCHASE AND MAINTENANCE OF ROBOTICS
- RESISTANCE FROM WORKER UNIONS
- LACK OF SKILLED WORKFORCE
- KEY DRIVERS
KEY ANALYTICS
- KEY TECHNOLOGY TRENDS
- INTEGRATING IOT AND AI WITH INDUSTRIAL ROBOTS
- USE OF AUTONOMOUS MOBILE ROBOTS (AMRS)
- SHIFTING FOCUS TOWARDS COLLABORATIVE ROBOTS (COBOTS)
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- GROWTH PROSPECT MAPPING
- MARKET CONCENTRATION ANALYSIS
- KEY BUYING CRITERIA
- TASK AND APPLICATION
- EASE OF USE AND PROGRAMMING
- COST AND ROI
- KEY TECHNOLOGY TRENDS
MARKET BY ROBOT TYPE
- ARTICULATED ROBOTS
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- CARTESIAN ROBOTS
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- SCARA ROBOTS
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- CYLINDRICAL ROBOTS
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- OTHER ROBOT TYPES (DELTA AND POLAR ROBOTS)
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- ARTICULATED ROBOTS
MARKET BY APPLICATION
- MATERIAL HANDLING
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- ASSEMBLING & DISASSEMBLING
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- WELDING & SOLDERING
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- DISPENSING
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- PROCESSING
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- OTHER APPLICATIONS
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- MATERIAL HANDLING
MARKET BY END-USER
- AUTOMOTIVE
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- ELECTRONIC & ELECTRIC
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- MACHINERY PRODUCTS & METAL
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- CHEMICAL, PLASTICS, AND RUBBER
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- FOOD & BEVERAGE
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- OTHER END-USERS
- MARKET FORECAST REVENUE & FIGURE
- SEGMENT ANALYSIS
- AUTOMOTIVE
GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- MARKET SIZE & ESTIMATES
- NORTH AMERICA INDUSTRIAL ROBOTICS MARKET DRIVERS
- NORTH AMERICA INDUSTRIAL ROBOTICS MARKET CHALLENGES
- KEY PLAYERS IN NORTH AMERICA INDUSTRIAL ROBOTICS MARKET
- COUNTRY ANALYSIS
- UNITED STATES
- UNITED STATES INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
- CANADA
- CANADA INDUSTRIAL ROBOTICS MARKET SIZE & OPPORTUNITIES
- UNITED STATES
- NORTH AMERICA
COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- COMPANY PROFILES
- ABB LTD
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- FANUC CORPORATION
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- KAWASAKI HEAVY INDUSTRIES LTD
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- MITSUBISHI ELECTRIC CORPORATION
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- OMRON ADEPT
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- RETHINK ROBOTICS
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- ROCKWELL AUTOMATION INC
- COMPANY OVERVIEW
- PRODUCTS LIST
- STRENGTHS & CHALLENGES
- ABB LTD
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – INDUSTRIAL ROBOTICS
TABLE 2: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY ROBOT TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY ROBOT TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 4: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY APPLICATION, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 6: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 8: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY COUNTRY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 10: KEY PLAYERS OPERATING IN NORTH AMERICA INDUSTRIAL ROBOTICS MARKET
TABLE 11: LIST OF MERGERS & ACQUISITIONS
TABLE 12: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 13: LIST OF PARTNERSHIPS & AGREEMENTS
LIST OF FIGURES
FIGURE 1: KEY TECHNOLOGY TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR NORTH AMERICA
FIGURE 4: MARKET CONCENTRATION ANALYSIS
FIGURE 5: KEY BUYING CRITERIA
FIGURE 6: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, GROWTH POTENTIAL, BY ROBOT TYPE, IN 2023
FIGURE 7: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY ARTICULATED ROBOTS, 2024-2032 (IN $ MILLION)
FIGURE 8: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY CARTESIAN ROBOTS, 2024-2032 (IN $ MILLION)
FIGURE 9: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY SCARA ROBOTS, 2024-2032 (IN $ MILLION)
FIGURE 10: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY CYLINDRICAL ROBOTS, 2024-2032 (IN $ MILLION)
FIGURE 11: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY OTHER ROBOT TYPES, 2024-2032 (IN $ MILLION)
FIGURE 12: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2023
FIGURE 13: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY MATERIAL HANDLING, 2024-2032 (IN $ MILLION)
FIGURE 14: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY ASSEMBLING & DISASSEMBLING, 2024-2032 (IN $ MILLION)
FIGURE 15: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY WELDING & SOLDERING, 2024-2032 (IN $ MILLION)
FIGURE 16: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY DISPENSING, 2024-2032 (IN $ MILLION)
FIGURE 17: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY PROCESSING, 2024-2032 (IN $ MILLION)
FIGURE 18: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY OTHER APPLICATIONS, 2024-2032 (IN $ MILLION)
FIGURE 19: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2023
FIGURE 20: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY AUTOMOTIVE, 2024-2032 (IN $ MILLION)
FIGURE 21: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY ELECTRONIC & ELECTRIC, 2024-2032 (IN $ MILLION)
FIGURE 22: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY MACHINERY PRODUCTS & METAL, 2024-2032 (IN $ MILLION)
FIGURE 23: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY CHEMICAL, PLASTICS, AND RUBBER, 2024-2032 (IN $ MILLION)
FIGURE 24: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY FOOD & BEVERAGE, 2024-2032 (IN $ MILLION)
FIGURE 25: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, BY OTHER END-USERS, 2024-2032 (IN $ MILLION)
FIGURE 26: NORTH AMERICA INDUSTRIAL ROBOTICS MARKET, COUNTRY OUTLOOK, 2023 & 2032 (IN %)
FIGURE 27: UNITED STATES INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)
FIGURE 28: CANADA INDUSTRIAL ROBOTICS MARKET, 2024-2032 (IN $ MILLION)
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