Market Overview:
United States collaborative robot market size reached US$ 666 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,136 Million by 2032, exhibiting a growth rate (CAGR) of 30.00% during 2024-2032. The ongoing advancements in robotics technology, such as improved sensors, vision systems, and artificial intelligence, which have contributed to the development of more sophisticated and capable collaborative robots, are driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 666 Million |
Market Forecast in 2032
|
US$ 1,136 Million |
Market Growth Rate 2024-2032 |
30.00% |
A collaborative robot, or cobot, is a specialized type of robotic system designed to work alongside humans in a shared workspace. Unlike traditional industrial robots, cobots are designed to interact with and assist humans in various tasks without the need for extensive safety measures. They are equipped with advanced sensors and technology that enable them to detect and respond to the presence of humans, ensuring a safe and collaborative working environment. Cobots can be programmed to perform a wide range of tasks, from assembly and packaging to inspection and testing. Their flexibility and adaptability make them well-suited for applications in industries such as manufacturing, healthcare, and logistics, where they enhance efficiency, productivity, and worker safety. The collaborative nature of cobots fosters human-robot teamwork, unlocking new possibilities for automation in diverse work settings.
United States Collaborative Robot Market Trends:
The collaborative robot market in the United States is experiencing substantial growth, primarily driven by a convergence of factors. Firstly, the increasing demand for automation across industries has propelled the adoption of cobots, as they offer a flexible and cost-effective solution for various tasks. Additionally, the rise of Industry 4.0 and the Internet of Things (IoT) has accentuated the need for interconnected and intelligent manufacturing processes, positioning cobots as integral components in smart factories. Moreover, advancements in artificial intelligence and machine learning have enhanced the capabilities of cobots, enabling them to collaborate seamlessly with human workers in shared workspaces. This technological synergy has not only improved productivity but also ensured a safer working environment, fostering widespread acceptance. Furthermore, the growing emphasis on human-centric design in robotics has played a pivotal role in shaping the cobot landscape. The integration of intuitive interfaces and user-friendly programming has democratized automation, allowing even non-experts to deploy and operate cobots effectively. In conclusion, the collaborative robot market in the United States is thriving due to a confluence of factors such as increased automation demand, Industry 4.0 trends, advancements in AI, and a focus on human-centric design, collectively propelling cobots into the forefront of modern industrial processes.
United States Collaborative Robot Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, payload, application, and end use industry.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes hardware and software.
Payload Insights:
- Upto 5 Kg
- 5-10 Kg
- Above 10 Kg
A detailed breakup and analysis of the market based on the payload have also been provided in the report. This includes upto 5 kg, 5-10 kg, and above 10 kg.
Application Insights:
- Material Handling
- Pick and Place
- Assembly
- Palletizing and De-Palletizing
- Others
The report has provided a detailed breakup and analysis of the market based on the application. This includes material handling, pick and place, assembly, palletizing and de-palletizing, and others.
End Use Industry Insights:
- Automotive
- Electronics
- Manufacturing
- Food and Beverage
- Chemicals and Pharmaceutical
- Others
A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes automotive, electronics, manufacturing, food and beverage, chemicals and pharmaceutical, and others.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Collaborative Robot Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Component
- Payload
- Application
- End Use Industry
- Region
|
Components Covered |
Hardware, Software |
Payloads Covered |
Upto 5 Kg, 5-10 Kg, Above 10 Kg |
Applications Covered |
Material Handling, Pick and Place, Assembly, Palletizing and De-Palletizing, Others |
End Use Industries Covered |
Automotive, Electronics, Manufacturing, Food and Beverage, Chemicals and Pharmaceutical, Others |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States collaborative robot market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States collaborative robot market?
- What is the breakup of the United States collaborative robot market on the basis of component?
- What is the breakup of the United States collaborative robot market on the basis of payload?
- What is the breakup of the United States collaborative robot market on the basis of application?
- What is the breakup of the United States collaborative robot market on the basis of end use industry?
- What are the various stages in the value chain of the United States collaborative robot market?
- What are the key driving factors and challenges in the United States collaborative robot?
- What is the structure of the United States collaborative robot market and who are the key players?
- What is the degree of competition in the United States collaborative robot market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States collaborative robot market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States collaborative robot market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States collaborative robot industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.