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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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Collaborative Robots Market Overview
8.1 Key Industry Highlights
8.2 Global Collaborative Robots Historical Market (2018-2023)
8.3 Global Collaborative Robots Market Forecast (2024-2032)
8.4 Global Collaborative Robots Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Collaborative Robots Market Overview
9.1 Key Industry Highlights
9.2 North America Collaborative Robots Historical Market (2018-2023)
9.3 North America Collaborative Robots Market Forecast (2024-2032)
10 North America Collaborative Robots Market by Payload
10.1 Up to 5 KG
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 5 to 10 KG
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 10 to 20 KG
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 More than 20 KG
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 North America Collaborative Robots Market by Component
11.1 Hardware
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.1.3 Breakup by Type
11.1.3.1 Welding Guns
11.1.3.2 Grippers
11.1.3.3 Robotic Arm
11.1.3.4 Drives
11.1.3.5 Controllers
11.1.3.6 Sensors
11.1.3.7 Power Supply
11.1.3.8 Others
11.2 Software
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 North America Collaborative Robots Market by Application
12.1 Welding and Soldering
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Assembling and Disassembling
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Material Handling
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Dispensing
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Processing
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 North America Collaborative Robots Market by Country
13.1 United States of America
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Canada
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Universal Robots A/S
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 FANUC America Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Rethink Robotics GmbH
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Aubo Robotics USA. Inc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 ABB Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Kawasaki Heavy Industries, Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Brooks Automation, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Omron Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Festo Corporation
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Collaborative Robots Market: Key Industry Highlights, 2018 and 2032
2. North America Collaborative Robots Market: Key Industry Highlights, 2018 and 2032
3. North America Collaborative Robots Historical Market: Breakup by Payload (USD Billion), 2018-2023
4. North America Collaborative Robots Market Forecast: Breakup by Payload (USD Billion), 2024-2032
5. North America Collaborative Robots Historical Market: Breakup by Component (USD Billion), 2018-2023
6. North America Collaborative Robots Market Forecast: Breakup by Component (USD Billion), 2024-2032
7. North America Collaborative Robots Historical Market: Breakup by Application (USD Billion), 2018-2023
8. North America Collaborative Robots Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. North America Collaborative Robots Historical Market: Breakup by Country (USD Billion), 2018-2023
10. North America Collaborative Robots Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. North America Collaborative Robots Market Structure
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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