United States Industrial Robotics Market Forecast 2024-2032
KEY FINDINGS
The United States industrial robotics market is expected to register a CAGR of 11.2% during the forecast period, 2024-2032. The US industrial robotics market is experiencing robust growth, driven by a strategic push from the government to promote technological advancements. Initiatives like the National Robotics Initiative (NRI) underscore the commitment to fostering domestic robotics development and research.
MARKET INSIGHTS
The US industrial robotics market is undergoing a significant transformation driven by key factors that are shaping its trajectory. A primary driver is the increasing demand for automation within various industries across the country. This surge is attributed to the compelling benefits of enhanced productivity, cost reduction, and overall operational efficiency associated with the adoption of automated systems.
Furthermore, technological advancements play a pivotal role in propelling the growth of the industrial robotics market. The convergence of robotics with cutting-edge technologies such as Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT) is fostering a new era of innovation. These advancements empower robots to perform intricate tasks with a level of precision that was previously unattainable, contributing to the widespread adoption of robotics across diverse industries.
A key catalyst for the increased adoption of industrial robots is the prevalent labor shortages in certain industries. The scarcity of skilled labor, coupled with the need for repetitive and precise tasks, has created a compelling case for integrating robots into various workflows. As industries grapple with the challenges of workforce availability, the demand for industrial robots continues to rise, offering a viable solution to address labor shortages.
COMPETITIVE INSIGHTS
Some of the leading companies in the market are Rethink Robotics and Rockwell Automation Inc.
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. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Country Snapshot
- 2.3. Country Analysis
- 2.4. Key Growth Enablers
- 2.5. Key Challenges
- 2.6. 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. Crisis Scenario Analysis
- 4.1.1. Pest Analysis
- 4.1.2. Political
- 4.1.3. Economical
- 4.1.4. Social
- 4.1.5. Technological
- 4.2. Key Technology Trends
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Growth Prospect Mapping
- 4.5. Key Buying Criteria
- 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. Competitive Landscape
- 8.1. Key Strategic Developments
- 8.1.1. Mergers & Acquisitions
- 8.1.2. Product Launches & Developments
- 8.1.3. Partnerships & Agreements
- 8.2. Company Profiles
- 8.2.1. Abb Ltd
- 8.2.1.1. Company Overview
- 8.2.1.2. Products List
- 8.2.1.3. Strengths & Challenges
- 8.2.2. Fanuc Corporation
- 8.2.2.1. Company Overview
- 8.2.2.2. Products List
- 8.2.2.3. Strengths & Challenges
- 8.2.3. Kawasaki Heavy Industries Ltd
- 8.2.3.1. Company Overview
- 8.2.3.2. Products List
- 8.2.3.3. Strengths & Challenges
- 8.2.4. Rethink Robotics
- 8.2.4.1. Company Overview
- 8.2.4.2. Products List
- 8.2.4.3. Strengths & Challenges
- 8.2.5. Rockwell Automation Inc
- 8.2.5.1. Company Overview
- 8.2.5.2. Products List
- 8.2.5.3. Strengths & Challenges
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