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The North America collaborative robots market size was valued at USD 0.52 billion in 2023. The market is further projected to grow at a CAGR of 25.7% between 2024 and 2032, reaching a value of USD 4.32 billion by 2032.
Human-robot collaboration is a major trend in the robotics sector. Advancements in sensors, vision technologies, and smart grippers are allowing collaborative robots to respond in real-time and work safely alongside human workers. Collaborative robots assist humans with tasks that require repetitive motions and heavy lifting. Collaborative robots can be deployed in environments that may be hazardous for humans.
According to the North America collaborative robots market analysis, the rising shortage of skilled welders due to the ageing workforce of welders in the United States presents an opportunity for collaborative robot welding applications. The advancement of collaborative robots, such as mobile manipulators, a combination of collaborative robot arms, and mobile robots (AMRs), is expected to expand the demand for collaborative robots in the region.
The manufacturing sector is increasingly adopting automation to streamline its operations and increase its productivity. The adoption of robotics in manufacturing processes provides end users with a competitive edge. The adaptive capabilities of collaborative robots make them extremely useful for different markets, such as manufacturing, food and beverage, automotive, electronics, pharmaceuticals, and packaging that require repetitive motions. Market players are strengthening their position in North America by building a strong distributor network and training their system integrators, propelling the North America collaborative robots market growth.
North America Collaborative Robots Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments.
Market Breakup by Payload
Market Breakup by Component
Market Breakup by Application
Market Breakup by Country
The key players in the collaborative robots market in North America are investing in research to develop technologically advanced robots to gain a competitive edge in the market.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Payload |
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Breakup by Component |
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Breakup by Application |
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Breakup by Region |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 0.52 billion.
The market is expected to grow at a CAGR of 25.7% between 2024 and 2032.
The collaboratove robots market in North America is estimated to witness healthy growth in the forecast period of 2024-2032 to reach USD 4.32 billion by 2032.
A collaborative robot or a cobot, is an industrial robot that can safely work in a shared workspace alongside humans.
Cobots are easier to program than typical industrial robots and are preferred for fast implementation by manufacturers of lighting, mobile phones, speakers, and computers.
The major drivers of the market include an expanding manufacturing sector, a shortage of skilled labour, and rising adoption of automation in end-use markets.
Key trends aiding market expansion include extensive research and development to enhance the productivity of collaborative robots, a rising shortage of welders, and investment in robotic technology by end-use markets.
Major countries in the market are the United States of America and Canada.
The key components of collaborative robots are hardware and software.
Key players in the market are Universal Robots A/S, FANUC America Corporation, Rethink Robotics GmbH, Aubo Robotics USA Inc., ABB Ltd., Kawasaki Heavy Industries, Ltd., Brooks Automation, Inc., Omron Corporation, and Festo Corporation, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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