North America Industrial Robotics Market Forecast 2024-2032
KEY FINDINGS
The North America industrial robotics market is set to register a CAGR of 12.14% during the forecast period, 2024-2032. The increasing adoption of industrial robots in the area is attributed to the rising influx of foreign direct investments (FDI) from non-NAFTA car manufacturers. Additionally, advancements in product development and research have broadened the application of industrial robots across various manufacturing sectors in the United States.
MARKET INSIGHTS
Canada and the United States are assessed for the North America industrial robotics market growth evaluation. Canada boasts a favorable regulatory environment that supports the development and testing of robotics products. Additionally, the country is equipped with a robust infrastructure for robotics education, with over 20 technical colleges and universities offering specialized courses in computer control techniques, pneumatics, hydraulics, mechatronics, and robotics.
Furthermore, diverse businesses spanning various industry verticals are increasingly investing in innovative production technology to take advantage of new processes and factory retooling, enabling flexible automation. Recognizing the significance of robotics for economic growth, the government has allocated funds to the Canadian Space Agency for the construction of rover and robotic arm prototypes.
In line with its position as a global leader in cutting-edge research and development, Canada actively supports entrepreneurial endeavors and innovation. Significant incentives for research and development activities are provided by both provincial and federal governments, fostering a conducive environment for investors in the field.
COMPETITIVE INSIGHTS
Some of the eminent firms in the market include SCHUNK GmbH, Seiko Epson Corporation, Rockwell Automation Inc, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 2.3. Scope Of Study
- 2.4. Crisis Scenario Analysis
- 2.5. Major Market Findings
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Emergence Of Smart Factories
- 3.1.2. Growing Adoption Of Industrial Robots In The Food & Beverage, Automotive, Electrical, And Electronics Industries
- 3.1.3. Continual R&D And Investments In Robotics
- 3.2. Key Restraints
- 3.2.1. Cost Of Initial Purchase And Maintenance Of Robotics
- 3.2.2. Resistance From Worker Unions
- 3.2.3. Lack Of Skilled Workforce
- 4. Key Analytics
- 4.1. Key Technology Trends
- 4.1.1. Integrating Iot And Ai With Industrial Robots
- 4.1.2. Use Of Autonomous Mobile Robots (Amrs)
- 4.1.3. Shifting Focus Towards Collaborative Robots (Cobots)
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Buyers Power
- 4.2.2. Suppliers Power
- 4.2.3. Substitution
- 4.2.4. New Entrants
- 4.2.5. Industry Rivalry
- 4.3. Growth Prospect Mapping
- 4.4. Market Concentration Analysis
- 4.5. Key Buying Criteria
- 4.5.1. Task And Application
- 4.5.2. Ease Of Use And Programming
- 4.5.3. Cost And Roi
- 5. Market By Robot Type
- 5.1. Articulated Robots
- 5.1.1. Market Forecast Revenue & Figure
- 5.1.2. Segment Analysis
- 5.2. Cartesian Robots
- 5.2.1. Market Forecast Revenue & Figure
- 5.2.2. Segment Analysis
- 5.3. Scara Robots
- 5.3.1. Market Forecast Revenue & Figure
- 5.3.2. Segment Analysis
- 5.4. Cylindrical Robots
- 5.4.1. Market Forecast Revenue & Figure
- 5.4.2. Segment Analysis
- 5.5. Other Robot Types (Delta And Polar Robots)
- 5.5.1. Market Forecast Revenue & Figure
- 5.5.2. Segment Analysis
- 6. Market By Application
- 6.1. Material Handling
- 6.1.1. Market Forecast Revenue & Figure
- 6.1.2. Segment Analysis
- 6.2. Assembling & Disassembling
- 6.2.1. Market Forecast Revenue & Figure
- 6.2.2. Segment Analysis
- 6.3. Welding & Soldering
- 6.3.1. Market Forecast Revenue & Figure
- 6.3.2. Segment Analysis
- 6.4. Dispensing
- 6.4.1. Market Forecast Revenue & Figure
- 6.4.2. Segment Analysis
- 6.5. Processing
- 6.5.1. Market Forecast Revenue & Figure
- 6.5.2. Segment Analysis
- 6.6. Other Applications
- 6.6.1. Market Forecast Revenue & Figure
- 6.6.2. Segment Analysis
- 7. Market By End-user
- 7.1. Automotive
- 7.1.1. Market Forecast Revenue & Figure
- 7.1.2. Segment Analysis
- 7.2. Electronic & Electric
- 7.2.1. Market Forecast Revenue & Figure
- 7.2.2. Segment Analysis
- 7.3. Machinery Products & Metal
- 7.3.1. Market Forecast Revenue & Figure
- 7.3.2. Segment Analysis
- 7.4. Chemical, Plastics, And Rubber
- 7.4.1. Market Forecast Revenue & Figure
- 7.4.2. Segment Analysis
- 7.5. Food & Beverage
- 7.5.1. Market Forecast Revenue & Figure
- 7.5.2. Segment Analysis
- 7.6. Other End-users
- 7.6.1. Market Forecast Revenue & Figure
- 7.6.2. Segment Analysis
- 8. Geographical Analysis
- 8.1. North America
- 8.1.1. Market Size & Estimates
- 8.1.2. North America Industrial Robotics Market Drivers
- 8.1.3. North America Industrial Robotics Market Challenges
- 8.1.4. Key Players In North America Industrial Robotics Market
- 8.1.5. Country Analysis
- 8.1.5.1. United States
- 8.1.5.1.1. United States Industrial Robotics Market Size & Opportunities
- 8.1.5.2. Canada
- 8.1.5.2.1. Canada Industrial Robotics Market Size & Opportunities
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Mergers & Acquisitions
- 9.1.2. Product Launches & Developments
- 9.1.3. Partnerships & Agreements
- 9.2. Company Profiles
- 9.2.1. Abb Ltd
- 9.2.1.1. Company Overview
- 9.2.1.2. Products List
- 9.2.1.3. Strengths & Challenges
- 9.2.2. Fanuc Corporation
- 9.2.2.1. Company Overview
- 9.2.2.2. Products List
- 9.2.2.3. Strengths & Challenges
- 9.2.3. Kawasaki Heavy Industries Ltd
- 9.2.3.1. Company Overview
- 9.2.3.2. Products List
- 9.2.3.3. Strengths & Challenges
- 9.2.4. Mitsubishi Electric Corporation
- 9.2.4.1. Company Overview
- 9.2.4.2. Products List
- 9.2.4.3. Strengths & Challenges
- 9.2.5. Omron Adept
- 9.2.5.1. Company Overview
- 9.2.5.2. Products List
- 9.2.5.3. Strengths & Challenges
- 9.2.6. Rethink Robotics
- 9.2.6.1. Company Overview
- 9.2.6.2. Products List
- 9.2.6.3. Strengths & Challenges
- 9.2.7. Rockwell Automation Inc
- 9.2.7.1. Company Overview
- 9.2.7.2. Products List
- 9.2.7.3. Strengths & Challenges
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