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North America Industrial Robots Market 2021-2028

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    Report

  • 145 Pages
  • October 2021
  • Region: North America
  • Triton Market Research
  • ID: 5459457

MARKET OUTLOOK


As per this research report, the industrial robots market in North America is predicted to display a compound annual growth rate of 9.07% in the years 2021-2028. The United States and Canada form the market in this region.

Canada has one of the best regulatory frameworks for robotics companies to test and develop new products. Moreover, the well-developed robotics-focused university and technical education add to the studied market’s robust growth. This further encouraged investors to invest significantly in the R&D of robotics, expanding their share in the market.

Additionally, businesses across various industry verticals are investing in new technologies to capitalize on new processes that ensure automation. The government also identified robotics as a key sector for economic development. As a result, the government is allocating funds to the country’s space agency to support the construction of rover and robotic arm prototypes. This will fuel the growth of the industrial robotics market across Canada.

In the United States, Universal Robots introduced autonomous motion control, collaborative robotics, vision, and sensor systems. The rising investments and the launch of new products have amplified the adoption of robots across multiple industries. Another example is the launch of UV robots by LG Business Solutions across the corporate, retail, restaurant, and transportation sectors. Hence, as mentioned above, all these factors are driving the growth of the industrial robots market within the United States.

COMPETITIVE OUTLOOK


The key companies profiled in the industrial robots market include Yamaha Robotics, Universal Robots, Rockwell Automation Inc, Staubli International AG, Mitsubishi Electric Corporation, Seiko Epson Corporation, and Aurotek Corporation.

Table of Contents

1. North America Industrial Robots Market - Summary
2. Industry Outlook
2.1. Impact of Covid-19 on Industrial Robots Market
2.2. Key Insights
2.2.1. Growing Industrial IoT 4.0
2.2.2. Use of Robots to Reduce Carbon Footprint
2.2.3. Incorporating Human-Robot Interaction in Industrial Robots
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Contracts & Agreements
2.6.2. Product Launches
2.6.3. Investments & Expansions
2.7. Market Drivers
2.7.1. Rising R&D Investments in Robots
2.7.2. Increasing Adoption of Industrial Robots
2.7.3. Emerging Smart Factories
2.8. Market Challenges
2.8.1. Scarcity of Skilled Workforce
2.8.2. Resistance Among Employees
2.8.3. High Cost of Industrial Robots
2.9. Market Opportunities
2.9.1. Employing Cobots in Workplaces
2.9.2. Adoption of Autonomous Mobile Robots (Amrs)
2.9.3. Utilization of Ai in Industrial Robots
3. North America Industrial Robots Market Outlook - by Type
3.1. Articulated Robots
3.2. Cartesian Robots
3.3. Scara Robots
3.4. Cylindrical Robots
3.5. Other Robots
4. North America Industrial Robots Market Outlook - by Application
4.1. Material Handling
4.2. Assembling & Disassembling
4.3. Welding & Soldering
4.4. Dispensing
4.5. Processing
4.6. Other Applications
5. North America Industrial Robots Market Outlook - by Verticals
5.1. Automotive
5.2. Electronic & Electric
5.3. Machinery Products & Metal
5.4. Chemical, Plastics, & Rubber
5.5. Food & Beverage
5.6. Other Verticals
6. North America Industrial Robots Market - Regional Outlook
6.1. United States
6.2. Canada
7. Competitive Landscape
7.1. Abb Ltd
7.2. Aurotek Corporation
7.3. Fanuc Corporation
7.4. Kawasaki Heavy Industries Ltd
7.5. Kuka AG
7.6. Mitsubishi Electric Corporation
7.7. Nachi Fujikoshi Corporation
7.8. Omron Adept
7.9. Rethink Robotics
7.10. Rockwell Automation Inc
7.11. Schunk GmbH
7.12. Seiko Epson Corporation
7.13. Staubli International AG
7.14. Universal Robots
7.15. Yamaha Robotics
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources of Data
8.3. Research Methodology
Table List
Table 1: North America Industrial Robots Market, by Country, 2021-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: North America Industrial Robots Market, by Type, 2021-2028 (In $ Million)
Table 4: North America Industrial Robots Market, by Application, 2021-2028 (In $ Million)
Table 5: North America Industrial Robots Market, by Verticals, 2021-2028 (In $ Million)
Table 6: North America Industrial Robots Market, by Country, 2021-2028 (In $ Million)
Figure List
Figure 1: Market Attractiveness Index
Figure 2: North America Industrial Robots Market, by Type, 2020 & 2028 (In %)
Figure 3: North America Industrial Robots Market, by Articulated Robots, 2021-2028 (In $ Million)
Figure 4: North America Industrial Robots Market, by Cartesian Robots, 2021-2028 (In $ Million)
Figure 5: North America Industrial Robots Market, by Scara Robots, 2021-2028 (In $ Million)
Figure 6: North America Industrial Robots Market, by Cylindrical Robots, 2021-2028 (In $ Million)
Figure 7: North America Industrial Robots Market, by Other Robots, 2021-2028 (In $ Million)
Figure 8: North America Industrial Robots Market, by Application, 2020 & 2028 (In %)
Figure 9: North America Industrial Robots Market, by Material Handling, 2021-2028 (In $ Million)
Figure 10: North America Industrial Robots Market, by Assembling & Disassembling, 2021-2028 (In $ Million)
Figure 11: North America Industrial Robots Market, by Welding & Soldering, 2021-2028 (In $ Million)
Figure 12: North America Industrial Robots Market, by Dispensing, 2021-2028 (In $ Million)
Figure 13: North America Industrial Robots Market, by Processing, 2021-2028 (In $ Million)
Figure 14: North America Industrial Robots Market, by Other Applications, 2021-2028 (In $ Million)
Figure 15: North America Industrial Robots Market, by Verticals, 2020 & 2028 (In %)
Figure 16: North America Industrial Robots Market, by Automotive, 2021-2028 (In $ Million)
Figure 17: North America Industrial Robots Market, by Electronic & Electric, 2021-2028 (In $ Million)
Figure 18: North America Industrial Robots Market, by Machinery Products & Metal, 2021-2028 (In $ Million)
Figure 19: North America Industrial Robots Market, by Chemical, Plastics, & Rubber, 2021-2028 (In $ Million)
Figure 20: North America Industrial Robots Market, by Food & Beverage, 2021-2028 (In $ Million)
Figure 21: North America Industrial Robots Market, by Other Verticals, 2021-2028 (In $ Million)
Figure 22: North America Industrial Robots Market, Regional Outlook, 2020 & 2028 (In %)
Figure 23: United States Industrial Robots Market 2021-2028 (In $ Million)
Figure 24: Canada Industrial Robots Market 2021-2028 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 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
  • Staubli International AG
  • Universal Robots
  • Yamaha Robotics

Methodology

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