The US Industrial Robotics Market is estimated to be USD 12.99 Bn in 2023 and is expected to reach USD 22.19 Bn by 2028, growing at a CAGR of 11.3%.Increased digitalization and automation and an emphasis on making robots easier to use
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Market Segmentations
The US Industrial Robotics Market is segmented based on Type, Payload, Component, Applications, and Industry- By Type, the market is classified into Articulated Robots, Scara Robots, Cartesian Robots, Parallel Robots, Dual Arm Robots, and Delta Robots.
- By Payload, the market is classified into Upto 16.00 Kg, 16.01-60.00 Kg, 60.01-225.00 Kg, and More Than 225.00 Kg.
- By Component, the market is classified into Robot Arm, Robot Accessories, Additional Hardware, System Engineering, Software & Programming, and Others.
- By Applications, the market is classified into Handling, Assembling And Disassembling, Welding And Soldering, Dispensing, and Processing.
- By Industry, the market is classified into Automotive, Electrical & Electronics, Metals & Machinery, Plastics, Rubber, & Chemicals, Food & Beverages, Precision Engineering & Optics, and Pharmaceuticals & Cosmetics.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are ABB Ltd., Denso Corp. (Denso Robotics), Fanuc Corp., Kawasaki Heavy Industries Ltd., Toshiba Corp., Yaskawa Electric Corp., etc.Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the US Industrial Robotics Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.The analyst analyses the US Industrial Robotics Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the US Industrial Robotics Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Table of Contents
1 Report Description1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Growing Demand for Collaborative Robots Across All Industries
4.1.2 Anticipated Shortage of Skilled Laborers in Manufacturing Industries
4.2 Restraints
4.2.1 High Cost of Deployment, Especially for SMEs
4.2.2 Interoperability and Integration Issues with Industrial Robots
4.3 Opportunities
4.3.1 Increasing Automation in Electronics Industry
4.4 Challenges
4.4.1 Lack of High Level of Expertise
4.4.2 Safety Issues Associated with Industrial Robotic Systems
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 US’ Industrial Robotics Market, By Type
6.1 Introduction
6.2 Articulated Robots
6.3 Scara Robots
6.4 Cartesian Robots
6.5 Parallel Robots
6.6 Dual Arm Robots
6.7 Delta Robots
7 US’ Industrial Robotics Market, By Payload
7.1 Introduction
7.2 Upto 16.00 Kg
7.3 16.01-60.00 Kg
7.4 60.01-225.00 Kg
7.5 More Than 225.00 Kg
8 US’ Industrial Robotics Market, By Component
8.1 Introduction
8.2 Robot Arm
8.3 Robot Accessories
8.4 Drive Units
8.5 Controller
8.6 Others (Deburring, Milling, Soldering, Painting Tools, and Screwdrivers)
9 US’ Industrial Robotics Market, By Applications
9.1 Introduction
9.2 Handling
9.3 Assembling and Disassembling
9.4 Cleaning
9.5 Welding and Soldering
9.6 Dispensing
9.7 Processing
10 US’ Industrial Robotics Market, By Industry
10.1 Introduction
10.2 Automotive
10.3 Electrical & Electronics
10.4 Metals & Machinery
10.5 Plastics, Rubber, & Chemicals
10.6 Food & Beverages
10.7 Precision Engineering & Optics
10.8 Pharmaceuticals & Cosmetics
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 ABB Ltd.
12.2 Comau S.p.A
12.3 Daihen Corp.
12.4 Denso Corp. (Denso Robotics)
12.5 Epson Robotics
12.6 Fanuc Corp.
12.7 Kawasaki Heavy Industries Ltd.
12.8 Kuka Robotics Corp.
12.9 Mitsubishi Electric Corp.
12.10 Nachi-Fujikoshi Corp. (Nachi Robotic Systems Inc)
12.11 Panasonic Corp.
12.12 Seiko Epson Corp.
12.13 Staubli Mechatronics Co.
12.14 Toshiba Corp.
12.15 Universal Robots AS
12.16 Yamaha Robotics
12.17 Yaskawa Electric Corp.
13 Appendix
13.1 Questionnaire
Companies Mentioned
- ABB Ltd.
- Comau S.p.A
- Daihen Corp.
- Denso Corp. (Denso Robotics)
- Epson Robotics
- Fanuc Corp.
- Kawasaki Heavy Industries Ltd.
- Kuka Robotics Corp.
- Mitsubishi Electric Corp.
- Nachi-Fujikoshi Corp. (Nachi Robotic Systems Inc)
- Panasonic Corp.
- Seiko Epson Corp.
- Staubli Mechatronics Co.
- Toshiba Corp.
- Universal Robots AS
- Yamaha Robotics
- Yaskawa Electric Corp.
