Product Code: BMIRE00029208
The North America collaborative robots market was valued at approximately $235.09 million in 2023 and is projected to grow significantly, reaching around $2,311.90 million by 2031, with an impressive compound annual growth rate (CAGR) of 33.1% during the forecast period from 2023 to 2031.
Government Support for Robotics Development
Various governments across the globe are actively promoting the advancement and integration of robotics technology. A notable initiative is the National Robotics Initiative 3.0 (NRI-3.0), launched in February 2021, which focuses on research into collaborative robots (co-bots) that can safely operate alongside humans. This initiative, funded by the National Science Foundation, aims to foster innovation in collaborative robotics across multiple sectors, including manufacturing, healthcare, and space exploration. The primary objective of NRI-3.0 is to expedite the implementation of intelligent systems that improve human productivity, safety, and adaptability.
Additionally, the CoRoM (Collaborative Robotics in Manufacturing) program, initiated in 2018 and supported by NSERC through the CREATE initiative, is designed to train professionals in the field of collaborative robotics within the manufacturing sector. This program is a collaborative effort between Universite de Sherbrooke, Ecole de technologie superieure (ETS), and Universite Laval, offering interdisciplinary education that encompasses engineering, business, and ethics. Participants engage in industrial research projects, internships, and specialized training to tackle real-world challenges in collaborative robotics.
These government initiatives and funding opportunities are crucial in driving the growth of the collaborative robots market in North America.
Overview of the North America Collaborative Robots Market
The manufacturing sector in Canada is experiencing significant growth, particularly in the production of coal, metal, and oil products. Factors such as a declining Canadian dollar and access to affordable energy are contributing to this expansion. Meanwhile, Mexico's manufacturing industry is also thriving, bolstered by government efforts to attract foreign direct investment (FDI) and its advantageous location near the United States, which enhances its cost-competitiveness under NAFTA. The automotive sector in Mexico is undergoing a transformation, with major automobile manufacturers like Kia Motors, Mercedes-Benz, Nissan, Audi, and General Motors establishing new plants in the country.
The manufacturing industry is vital to the North American economy and workforce, driving the demand for highly efficient manufacturing tools, including collaborative robots. Key manufacturing sectors in the region include aerospace, automotive, and construction.
Market Segmentation Analysis
The North America collaborative robots market is segmented based on several criteria, including payload, application, type, end-user industry, functionality, and country.
- Payload: The market is divided into three segments: 5-10 Kgs, up to 5 Kgs, and above 10 Kgs. The 5-10 Kgs segment accounted for the largest market share in 2023.
- Application: The market is categorized into assembly, pick and place, material handling, quality testing, machine tending, welding, packaging, and others. The assembly segment held the largest share in 2023.
- Type: This market is segmented into robotic arms, welding guns, grippers, and others, with robotic arms dominating the market share in 2023.
- End-User Industry: The market is divided into automotive, electronics, metal and machinery, food and beverage, logistics, pharmaceuticals, and others. The automotive sector was the largest contributor in 2023.
- Functionality: The market is split into static robots and mobile robots, with static robots holding a larger market share in 2023.
- Country: The market is segmented into the US, Canada, and Mexico, with the US leading the market share in 2023.
Key Players in the Market
Several prominent companies are active in the North America collaborative robots market, including ABB Ltd, Agile Robot SE, Aubo (Beijing) Robotics Technology Co Ltd, Azenta, Inc., Bosch Rexroth AG, Comau SpA, Denso Corp, Doosan Robotics Inc, ESTUN AUTOMATION CO., LTD, Fanuc Corp, Kawasaki Heavy Industries Ltd, Kuka AG, OMRON Corp, Productive Robotics, LLC, Rethink Robotics GmbH, SIASUN Robot & Automation CO., LTD, Svaya Robotics Pvt. Ltd., Techman Robot Inc, Teradyne Inc, and Yaskawa America Inc. These companies are at the forefront of developing and deploying collaborative robotics solutions in various industries.
Table Of Contents
1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
4. North America Collaborative Robots Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in Value Chain
5. North America Collaborative Robots Market - Key Market Dynamics
- 5.1 North America Collaborative Robots Market - Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Government Support for the Development and Deployment of Robotics
- 5.2.2 Rapid Expansion in Manufacturing Industry
- 5.3 Market Restraints
- 5.3.1 Relatively Slow Production Rate
- 5.4 Market Opportunities
- 5.4.1 Widespread Adoption of Industrial Automation in Diverse Industries
- 5.5 Future Trends
- 5.5.1 Advancement in Robotics Industry
- 5.5.2 Mobile Collaborative Robot
- 5.6 Impact of Drivers and Restraints:
6. North America Collaborative Robots Market - Analysis
- 6.1 North America Collaborative Robots Market Revenue (US$ Million), 2021-2031
- 6.2 North America Collaborative Robots Market Forecast Analysis
7. North America Collaborative Robots Market Analysis - by Payload
- 7.1 5-10 Kgs
- 7.1.1 Overview
- 7.1.2 5-10 Kgs: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.2 Upto 5 Kgs
- 7.2.1 Overview
- 7.2.2 Upto 5 Kgs: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.3 Above 10 Kgs
- 7.3.1 Overview
- 7.3.2 Above 10 Kgs: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
8. North America Collaborative Robots Market Analysis - by Application
- 8.1 Assembly
- 8.1.1 Overview
- 8.1.2 Assembly: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.2 Pick and Place
- 8.2.1 Overview
- 8.2.2 Pick and Place: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.3 Material Handling
- 8.3.1 Overview
- 8.3.2 Material Handling: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.4 Quality Testing
- 8.4.1 Overview
- 8.4.2 Quality Testing: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.5 Machine Tending
- 8.5.1 Overview
- 8.5.2 Machine Tending: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.6 Welding
- 8.6.1 Overview
- 8.6.2 Welding: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.7 Packaging
- 8.7.1 Overview
- 8.7.2 Packaging: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.8 Others
- 8.8.1 Overview
- 8.8.2 Others: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
9. North America Collaborative Robots Market Analysis - by Type
- 9.1 Robotic Arm
- 9.1.1 Overview
- 9.1.2 Robotic Arm: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 9.2 Welding Guns
- 9.2.1 Overview
- 9.2.2 Welding Guns: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 9.3 Grippers
- 9.3.1 Overview
- 9.3.2 Grippers: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 9.4 Others
- 9.4.1 Overview
- 9.4.2 Others: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
10. North America Collaborative Robots Market Analysis - by End-user Industry
- 10.1 Automotive
- 10.1.1 Overview
- 10.1.2 Automotive: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.2 Electronics
- 10.2.1 Overview
- 10.2.2 Electronics: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3 Metal and Machinery
- 10.3.1 Overview
- 10.3.2 Metal and Machinery: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4 Food and Beverage
- 10.4.1 Overview
- 10.4.2 Food and Beverage: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.5 Logistics
- 10.5.1 Overview
- 10.5.2 Logistics: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.6 Pharmaceuticals
- 10.6.1 Overview
- 10.6.2 Pharmaceuticals: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.7 Others
- 10.7.1 Overview
- 10.7.2 Others: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
11. North America Collaborative Robots Market Analysis - by Functionality
- 11.1 Static Robot
- 11.1.1 Overview
- 11.1.2 Static Robot: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 11.2 Mobile Robot
- 11.2.1 Overview
- 11.2.2 Mobile Robot: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
12. North America Collaborative Robots Market - Country Analysis
- 12.1 North America
- 12.1.1 North America Collaborative Robots Market - Revenue and Forecast Analysis - by Country
- 12.1.1.1 North America Collaborative Robots Market - Revenue and Forecast Analysis - by Country
- 12.1.1.2 United States: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 12.1.1.2.1 United States: North America Collaborative Robots Market Share - by Payload
- 12.1.1.2.2 United States: North America Collaborative Robots Market Share - by Application
- 12.1.1.2.3 United States: North America Collaborative Robots Market Share - by Type
- 12.1.1.2.4 United States: North America Collaborative Robots Market Share - by End-user Industry
- 12.1.1.2.5 United States: North America Collaborative Robots Market Share - by Functionality
- 12.1.1.3 Canada: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 12.1.1.3.1 Canada: North America Collaborative Robots Market Share - by Payload
- 12.1.1.3.2 Canada: North America Collaborative Robots Market Share - by Application
- 12.1.1.3.3 Canada: North America Collaborative Robots Market Share - by Type
- 12.1.1.3.4 Canada: North America Collaborative Robots Market Share - by End-user Industry
- 12.1.1.3.5 Canada: North America Collaborative Robots Market Share - by Functionality
- 12.1.1.4 Mexico: North America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 12.1.1.4.1 Mexico: North America Collaborative Robots Market Share - by Payload
- 12.1.1.4.2 Mexico: North America Collaborative Robots Market Share - by Application
- 12.1.1.4.3 Mexico: North America Collaborative Robots Market Share - by Type
- 12.1.1.4.4 Mexico: North America Collaborative Robots Market Share - by End-user Industry
- 12.1.1.4.5 Mexico: North America Collaborative Robots Market Share - by Functionality
13. Competitive Landscape
- 13.1 Heat Map Analysis by Key Players
- 13.2 Company Positioning and Concentration
14. Industry Landscape
- 14.1 Overview
- 14.2 Market Initiative
- 14.3 Product News & Company News
- 14.4 Collaboration and Mergers & Acquisitions
15. Company Profiles
- 15.1 Kuka AG
- 15.1.1 Key Facts
- 15.1.2 Business Description
- 15.1.3 Products and Services
- 15.1.4 Financial Overview
- 15.1.5 SWOT Analysis
- 15.1.6 Key Developments
- 15.2 Yaskawa America Inc
- 15.2.1 Key Facts
- 15.2.2 Business Description
- 15.2.3 Products and Services
- 15.2.4 Financial Overview
- 15.2.5 SWOT Analysis
- 15.2.6 Key Developments
- 15.3 Aubo (Beijing) Robotics Technology Co Ltd
- 15.3.1 Key Facts
- 15.3.2 Business Description
- 15.3.3 Products and Services
- 15.3.4 Financial Overview
- 15.3.5 SWOT Analysis
- 15.3.6 Key Developments
- 15.4 Doosan Robotics Inc
- 15.4.1 Key Facts
- 15.4.2 Business Description
- 15.4.3 Products and Services
- 15.4.4 Financial Overview
- 15.4.5 SWOT Analysis
- 15.4.6 Key Developments
- 15.5 Fanuc Corp
- 15.5.1 Key Facts
- 15.5.2 Business Description
- 15.5.3 Products and Services
- 15.5.4 Financial Overview
- 15.5.5 SWOT Analysis
- 15.5.6 Key Developments
- 15.6 ABB Ltd
- 15.6.1 Key Facts
- 15.6.2 Business Description
- 15.6.3 Products and Services
- 15.6.4 Financial Overview
- 15.6.5 WOT Analysis
- 15.6.6 Key Developments
- 15.7 Rethink Robotics GmbH
- 15.7.1 Key Facts
- 15.7.2 Business Description
- 15.7.3 Products and Services
- 15.7.4 Financial Overview
- 15.7.5 SWOT Analysis
- 15.7.6 Key Developments
- 15.8 Techman Robot Inc
- 15.8.1 Key Facts
- 15.8.2 Business Description
- 15.8.3 Products and Services
- 15.8.4 Financial Overview
- 15.8.5 SWOT Analysis
- 15.8.6 Key Developments
- 15.9 Kawasaki Heavy Industries Ltd
- 15.9.1 Key Facts
- 15.9.2 Business Description
- 15.9.3 Products and Services
- 15.9.4 Financial Overview
- 15.9.5 SWOT Analysis
- 15.9.6 Key Developments
- 15.10 Bosch Rexroth AG
- 15.10.1 Key Facts
- 15.10.2 Business Description
- 15.10.3 Products and Services
- 15.10.4 Financial Overview
- 15.10.5 SWOT Analysis
- 15.10.6 Key Developments
- 15.11 Teradyne Inc
- 15.11.1 Key Facts
- 15.11.2 Business Description
- 15.11.3 Products and Services
- 15.11.4 Financial Overview
- 15.11.5 SWOT Analysis
- 15.11.6 Key Developments
- 15.12 Denso Corp
- 15.12.1 Key Facts
- 15.12.2 Business Description
- 15.12.3 Products and Services
- 15.12.4 Financial Overview
- 15.12.5 SWOT Analysis
- 15.12.6 Key Developments
- 15.13 Comau SpA
- 15.13.1 Key Facts
- 15.13.2 Business Description
- 15.13.3 Products and Services
- 15.13.4 Financial Overview
- 15.13.5 SWOT Analysis
- 15.13.6 Key Developments
- 15.14 SIASUN Robot & Automation CO., Ltd
- 15.14.1 Key Facts
- 15.14.2 Business Description
- 15.14.3 Products and Services
- 15.14.4 Financial Overview
- 15.14.5 SWOT Analysis
- 15.14.6 Key Developments
- 15.15 Agile Robot SE
- 15.15.1 Key Facts
- 15.15.2 Business Description
- 15.15.3 Products and Services
- 15.15.4 Financial Overview
- 15.15.5 SWOT Analysis
- 15.15.6 Key Developments
- 15.16 Azenta, Inc.
- 15.16.1 Key Facts
- 15.16.2 Business Description
- 15.16.3 Products and Services
- 15.16.4 Financial Overview
- 15.16.5 SWOT Analysis
- 15.16.6 Key Developments
- 15.17 Svaya Robotics Pvt. Ltd.
- 15.17.1 Key Facts
- 15.17.2 Business Description
- 15.17.3 Products and Services
- 15.17.4 Financial Overview
- 15.17.5 SWOT Analysis
- 15.17.6 Key Developments
- 15.18 Productive Robotics, LLC
- 15.18.1 Key Facts
- 15.18.2 Business Description
- 15.18.3 Products and Services
- 15.18.4 Financial Overview
- 15.18.5 SWOT Analysis
- 15.18.6 Key Developments
- 15.19 ESTUN AUTOMATION CO., LTD
- 15.19.1 Key Facts
- 15.19.2 Business Description
- 15.19.3 Products and Services
- 15.19.4 Financial Overview
- 15.19.5 SWOT Analysis
- 15.19.6 Key Developments
- 15.20 OMRON Corp
- 15.20.1 Key Facts
- 15.20.2 Business Description
- 15.20.3 Products and Services
- 15.20.4 Financial Overview
- 15.20.5 SWOT Analysis
- 15.20.6 Key Developments
16. Appendix
- 16.1 About Us
- 16.2 List of Abbreviations