North America Industrial Robotics Market Size Report 2022-2031 | Size, Share, Growth, Trends, Competitive Landscape, Revenue, Forecast Analysis

Kenneth Research released a report on North America Industrial Robotics Market that consists detailed analysis and industry insights for the forecast period, i.e. 2022-2031 . On the basis of analysis of the market value and calculation of the CAGR during the forecast period, the latest trends and business opportunities in the market are discussed in the report.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for North America Industrial Robotics Market products.

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In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years.

The revenue of North America industrial robotics market will reach $13.01 billion in terms of robot systems by 2026, representing a 2019-2026 CAGR of 11.67%. The annual shipment is expected to exhibit a CAGR of 16.02% during the same period, advancing to 126.36 thousand units in 2026.
Highlighted with 20 tables and 96 figures, this 191-page report“North America Industrial Robotics Market by Subsystem, Robot Type, Function, Component, Configuration, Payload, Industry Vertical, and Country 2015-2026: Growth Opportunity and Business Strategy” is based on a comprehensive research of the entire North America industrial robots market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2015-2017, revenue estimates for 2018, and forecasts from 2019 till 2026. (Please note: Before delivery, the report will be updated so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify North America industrial robots market in every aspect of the classification from perspectives of Subsystem, Robot Type, Function, Component, Configuration, Payload, Industry Vertical, and Country.

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Based on subsystem, the North America market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
• Robot Machines
• Software
• Peripherals & System Engineering
Based on robot type, the North America market is segmented into the following sub-markets with annual revenue and unit shipment for 2015-2026 (historical and forecast) included in each section.
• Articulated Robots
• Cartesian/Gantry/Rectangular Arm Robots
• SCARA Robots
• Cylindrical Robots
• Delta/Parallel Robots
• Collaborative Robots
• Others
Based on function, the North America market is segmented into the following sub-markets with annual revenue and unit shipment for 2015-2026 (historical and forecast) included in each section.
• Soldering & Welding
• Material Handling
• Assembling & Disassembling
• Painting & Dispensing
• Milling & Grinding
• Cutting & Processing
• Others
Based on component, the North America market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
• Robot Controller Unit
• Robotic Arm
• End Effector
• Drive
• Sensors
• Power Supply
• Motors
• Others
Based on configuration, the North America market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
• Mounted Robots
• Mobile Robots
• Cobots/Collaborative Robots
Based on payload , the North America market is segmented into the following sub-markets with annual revenue for 2015-2026 (historical and forecast) included in each section.
• 0-20 KG
• 20-80 KG
• 80-300 KG
• 300-1000 KG
• 1000-3000 KG
• Other Payloads
Based on application in industrial verticals, the North America market is segmented into the following sub-markets with annual revenue and unit shipment for 2015-2026 (historical and forecast) included in each section.
• Automotive
• Electrical & Electronics
• Metal & Machinery
• Chemicals, Rubber & Plastics
• Medical & Pharmaceutical
• Food & Agriculture
• Others
Geographically, the following national markets are fully investigated:
• U.S.
• Canada
For each of the aforementioned countries, detailed analysis and data for annual revenue and unit shipment are available for 2015-2026. The breakdown of key national/local markets by Robot Type, Function and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in North America industrial robots market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players:
ABB Ltd.
Adept Technology Inc.
Comau S.p.A
Daihen Corp.
Denso Wave Inc.
Ellison Technologies Inc.
Epson Robotics
Fanuc Corp.
Genmark Automation, Inc.
Kawasaki Robotics Inc.
Mitsubishi Electric Corp.
Nachi Fujikoshi Corp.
Panasonic Corporation (Activelink)
Pari Robotics
Rethink Robotics, Inc.
Robert Bosch GmbH
Rockwell Automation Inc.
Schunk GmbH
Staubli International AG
Toshiba Machine Co., Ltd.
Universal Robots
Yamaha Robotics
Yaskawa Electric Corp.
(Please note: Before delivery, the report will be updated so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)

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