
Region:North America
Author(s):Shivani Mehra
Product Code:KROD3986
November 2024
88


North America Collaborative Robots Market Competitive LandscapeThe North America Collaborative Robots Market is competitive, with major players focusing on product innovation, partnerships, and industry-specific solutions. Companies like Universal Robots and ABB Ltd. have established strong positions through strategic collaborations and extensive product portfolios that meet diverse industry needs.
|
Company |
Establishment Year |
Headquarters |
Regional Presence |
Revenue ($ Bn) |
Employee Strength |
R&D Investment |
Safety Certifications |
Product Range |
Strategic Partnerships |
|
Universal Robots A/S |
2005 |
Odense, Denmark |
|||||||
|
FANUC Corporation |
1956 |
Yamanashi, Japan |
|||||||
|
ABB Ltd. |
1988 |
Zurich, Switzerland |
|||||||
|
Rethink Robotics GmbH |
2008 |
Bochum, Germany |
|||||||
|
Techman Robot Inc. |
2016 |
Taoyuan, Taiwan |
Market Growth Drivers
Market Challenges
The North America Collaborative Robots Market is expected to expand rapidly over the next five years, driven by the demand for automation in small and medium enterprises (SMEs), the rise of Industry 4.0, and advancements in AI-enabled robotics. Key growth areas include assembly, material handling, and the integration of machine learning for adaptive cobots, particularly in the automotive, electronics, and logistics sectors.
Market Opportunities:
|
By Payload Capacity |
Up to 5 Kg |
|
By Application |
Assembly |
|
By Industry |
Automotive |
|
By Robot Type |
Collaborative Robots Autonomous Mobile Robots (AMRs) Industrial Robots Service Robots |
|
By Region |
North-East Midwest West Coast Southern States |
Players Mentioned in the Market
1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Growth Rate
1.4. Market Segmentation Overview
2.1. Historical Market Size
2.2. Year-On-Year Growth Analysis
2.3. Key Market Developments and Milestones
3.1. Growth Drivers
3.1.1. Increasing Adoption of Automation in Manufacturing
3.1.2. Demand for Enhanced Worker Safety and Productivity
3.1.3. Technological Advancements in Robotics
3.1.4. Rising Labor Costs and Shortages
3.2. Market Challenges
3.2.1. High Initial Investment Costs
3.2.2. Integration Complexities with Existing Systems
3.2.3. Limited Awareness Among SMEs
3.3. Opportunities
3.3.1. Expansion into Small and Medium Enterprises (SMEs)
3.3.2. Development of Application-Specific Cobots
3.3.3. Integration with Artificial Intelligence and IoT
3.4. Trends
3.4.1. Adoption of Collaborative Robots in Non-Traditional Industries
3.4.2. Growth of Plug-and-Play Cobots
3.4.3. Emphasis on Human-Robot Collaboration
3.5. Government Regulation
3.5.1. Safety Standards and Certifications
3.5.2. Labor Laws and Automation Policies
3.5.3. Incentives for Automation Adoption
3.6. SWOT Analysis
3.7. Stakeholder Ecosystem
3.8. Porters Five Forces
3.9. Competitive Landscape
4.1. By Payload Capacity (In Value %)
4.1.1. Up to 5 Kg
4.1.2. 5 to 10 Kg
4.1.3. Above 10 Kg
4.2. By Application (In Value %)
4.2.1. Assembly
4.2.2. Material Handling
4.2.3. Pick & Place
4.2.4. Quality Testing
4.2.5. Packaging
4.2.6. Machine Tending
4.2.7. Welding
4.2.8. Others
4.3. By Industry (In Value %)
4.3.1. Automotive
4.3.2. Electronics
4.3.3. Metals & Machinery
4.3.4. Pharmaceuticals
4.3.5. Food & Beverages
4.3.6. Logistics
4.3.7. Others
4.4. By Country (In Value %)
4.4.1. United States
4.4.2. Canada
4.4.3. Mexico
5.1. Detailed Profiles of Major Companies
5.1.1. Universal Robots A/S
5.1.2. FANUC Corporation
5.1.3. ABB Ltd.
5.1.4. KUKA AG
5.1.5. Rethink Robotics GmbH
5.1.6. Techman Robot Inc.
5.1.7. Yaskawa Electric Corporation
5.1.8. DENSO Corporation
5.1.9. Doosan Robotics Inc.
5.1.10. AUBO Robotics USA
5.1.11. Precise Automation Inc.
5.1.12. Productive Robotics Inc.
5.1.13. Franka Emika GmbH
5.1.14. Stubli International AG
5.1.15. Comau S.p.A.
5.2. Cross Comparison Parameters (Revenue, Headquarters, Inception Year, R&D Investment, Manufacturing Capacity, Regional Presence, Product Portfolio, Strategic Partnerships)
5.3. Market Share Analysis
5.4. Strategic Initiatives
5.5. Mergers and Acquisitions
5.6. Investment Analysis
5.7. Venture Capital Funding
5.8. Government Grants
5.9. Private Equity Investments
6.1. Safety Standards and Certifications
6.2. Labor Laws and Automation Policies
6.3. Incentives for Automation Adoption
7.1. Future Market Size Projections
7.2. Key Factors Driving Future Growth
8.1. By Payload Capacity (In Value %)
8.2. By Application (In Value %)
8.3. By Industry (In Value %)
8.4. By Country (In Value %)
9.1. TAM/SAM/SOM Analysis
9.2. Customer Cohort Analysis
9.3. Key Market Positioning Recommendations
9.4. White Space Opportunity Analysis
Disclaimer Contact UsIn this initial phase, we create a comprehensive map of the North America Collaborative Robots Market ecosystem, identifying stakeholders, industry drivers, and technological advancements in robotics.
Historical data on cobot adoption rates, segment performance, and growth trends are analyzed. This includes evaluating factors such as integration costs, return on investment, and industry-specific applications.
Interviews with industry experts provide validation for market hypotheses, offering insights into adoption trends, industry requirements, and competitive factors influencing growth.
The final phase synthesizes research findings into a comprehensive report on the North America Collaborative Robots Market, incorporating expert insights and robust data for accurate market projections.
The North America Collaborative Robots Market is valued at USD 170.74 million, driven by the rise in automation across industries like automotive, electronics, and logistics.
Key challenges include high initial investment costs, integration complexities, and limited awareness among SMEs regarding the benefits of collaborative robots.
Leading players include Universal Robots, FANUC Corporation, ABB Ltd., KUKA AG, and Rethink Robotics GmbH, recognized for their innovative solutions and extensive industry presence.
Growth drivers include increased adoption of automation, a focus on worker safety, and rising labor costs, all of which make collaborative robots an attractive option.
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.