Innovation drives the global market
The US robotics market is experiencing significant growth, driven by advancements in technology and increasing adoption across various industries. It is one of the largest markets globally, with continuous investment in research and development pushing innovation forward. Significant investment is flowing into robotics from both private and public sectors, with venture capital funding driving innovation and startups in the field. Government initiatives and grants also support research and development in robotics.
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Market report highlights
End-User |
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Application |
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Regional Landscape |
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Key Companies Profiled |
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Market report insights
Technavio’s industry reports offer qualitative and quantitative analysis of historical data as well as a comprehensive market forecast. They examine key factors such as market drivers, challenges, and emerging trends, and provide detailed information on the global competitive landscape. Also included is a breakdown of the types of products available on the market, along with a region-by-region analysis of market growth and opportunities.
Market segmentation
Manufacturing is a leading end-user
Manufacturing is the largest sector for industrial robots, where they are used for tasks such as assembly, welding, painting, and material handling. The focus is on increasing efficiency, precision, and safety in production processes. In the logistics sector, robots such as automated guided vehicles (AGVs) and AMRs are revolutionizing logistics by automating material handling, picking, and packing processes, thereby enhancing efficiency and reducing labor costs.
Regional analysis
The Northeast, including states such as New York, New Jersey, and Massachusetts, is a hub of technological innovation and research. This region is characterized by a high concentration of educational institutions and tech startups, which contribute to advancements in robotics and automation. The West, including states like California, Washington, and Oregon, is a major technology hub with a strong focus on innovation and technology. This region is at the forefront of robotics development, particularly in consumer and autonomous systems.
Competitive landscape
This report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies in order to help clients improve their market positions. Companies leading the global US robotics market include:
- Blue Ocean Robotics
- Fetch Robotics
- Honeywell International
- Motorola Solutions
- Siemens
Market Dynamics
Technological Advancements
Artificial Intelligence (AI): AI integration is enhancing the capabilities of robots, enabling them to perform complex tasks, learn from their environment, and make decisions autonomously.
Machine Learning: Robots equipped with machine learning algorithms can adapt to new situations and improve their performance over time.
Edge Computing: This technology allows robots to process data locally rather than relying on centralized servers, leading to faster response times and increased efficiency.
Challenges
Cost and Investment: While the cost of robots has decreased over time, initial investment remains significant for small and medium-sized enterprises (SMEs). The ROI and long-term benefits must be carefully evaluated to justify the expenditure.
Integration and Compatibility: Integrating robots into existing systems and workflows can be complex, requiring customization and ensuring compatibility with other technologies and processes.
Ethical and Social Considerations: The deployment of robotics raises ethical questions regarding job displacement and the need for policies to address the social implications of automation.
Faq
What role does artificial intelligence (AI) play in the robotics market?
AI plays a crucial role in enhancing the capabilities of robots by:
- Enabling Autonomous Functionality: AI allows robots to perform tasks autonomously and make decisions based on real-time data.
- Improving Learning and Adaptation: Machine learning algorithms enable robots to learn from their environment and adapt to new situations, improving their performance over time.
- Enhancing Human-Robot Interaction: AI helps improve interactions between humans and robots, making robots more intuitive and responsive to human commands and needs.
What are some examples of successful robotics applications in the U.S.?
Successful applications of robotics in the U.S. include:
- Manufacturing: Use of industrial robots for automation in automotive assembly lines and electronics production.
- Healthcare: Surgical robots like the da Vinci Surgical System, which enhances precision in minimally invasive surgeries.
- Logistics: Companies like Amazon using robots and autonomous systems in their fulfillment centers to streamline order processing and distribution.
- Consumer Products: Popular robotic vacuum cleaners like those from iRobot, which automate home cleaning tasks.
What is the future outlook for the U.S. robotics market?
The future outlook for the U.S. robotics market is positive, with continued growth expected due to:
- Technological Advancements: Ongoing developments in AI, machine learning, and robotics technology will drive innovation and new applications.
- Increased Adoption Across Sectors: Expanding use of robotics in manufacturing, healthcare, logistics, and consumer products will contribute to market growth.
- Emerging Applications: New applications and sectors, such as autonomous vehicles and smart cities, will open up additional opportunities for robotics integration.
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Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on North America: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ billion)
4 Historic Market Size
- 4.1 Dietary supplements market in North America 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on dietary supplements market in north America 2018 - 2022 ($ billion)
- 4.2 Distribution Channel Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ billion)
- 4.3 Product Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 25: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 26: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 27: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 28: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Distribution Channel
- 6.1 Market segments
- Exhibit 29: Chart on Distribution Channel - Market share 2023-2028 (%)
- Exhibit 30: Data Table on Distribution Channel - Market share 2023-2028 (%)
- 6.2 Comparison by Distribution Channel
- Exhibit 31: Chart on Comparison by Distribution Channel
- Exhibit 32: Data Table on Comparison by Distribution Channel
- 6.3 Offline - Market size and forecast 2023-2028
- Exhibit 33: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 34: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Chart on Offline - Year-over-year growth 2023-2028 (%)
- Exhibit 36: Data Table on Offline - Year-over-year growth 2023-2028 (%)
- 6.4 Online - Market size and forecast 2023-2028
- Exhibit 37: Chart on Online - Market size and forecast 2023-2028 ($ billion)
- Exhibit 38: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Chart on Online - Year-over-year growth 2023-2028 (%)
- Exhibit 40: Data Table on Online - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Distribution Channel
- Exhibit 41: Market opportunity by Distribution Channel ($ billion)
- Exhibit 42: Data Table on Market opportunity by Distribution Channel ($ billion)
7 Market Segmentation by Product
- 7.1 Market segments
- Exhibit 43: Chart on Product - Market share 2023-2028 (%)
- Exhibit 44: Data Table on Product - Market share 2023-2028 (%)
- 7.2 Comparison by Product
- Exhibit 45: Chart on Comparison by Product
- Exhibit 46: Data Table on Comparison by Product
- 7.7 Others - Market size and forecast 2023-2028
- Exhibit 63: Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 64: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Exhibit 65: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 66: Data Table on Others - Year-over-year growth 2023-2028 (%)
- 7.8 Market opportunity by Product
- Exhibit 67: Market opportunity by Product ($ billion)
- Exhibit 68: Data Table on Market opportunity by Product ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 70: Chart on Market share by geography - 2023-2028 (%)
- Exhibit 71: Data Table on Market share by geography - 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 72: Chart on Geographic comparison
- Exhibit 73: Data Table on Geographic comparison
- 9.6 Market opportunity by geography
- Exhibit 74: Market opportunity by geography ($ billion)
- Exhibit 75: Data Table on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 76: Impact of drivers and challenges in 2023 and 2028
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 77: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 78: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 79: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 80: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 81: Matrix on vendor position and classification
- 13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 82: Inclusions checklist
- Exhibit 83: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 84: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 85: Research methodology
- Exhibit 86: Validation techniques employed for market sizing
- Exhibit 87: Information sources
- 13.5 List of abbreviations
- Exhibit 88: List of abbreviations