The U.S. Collaborative Robot Market: Unlocking the Potential of Automation
The cobot market in the United States is growing further, driven by significant investments into automation, along with the emerging workforce-related challenges and push for higher efficiency in manufacturing processes. These are areas said to primarily adopt cobots, focusing on increasing the precision and output of production and manufacturing tasks. Automotive would be one of these industries that represent a significant part of U.S. GDP, which is a major driver, with vehicle sales expected to increase by 7% by 2027. This directly correlates with increased cobot adoption in assembly lines and manufacturing processes.
The global Collaborative Robot market size was valued at USD 1.9 billion in 2024 and is estimated to reach USD 11.8 billion by 2030, Growing at a CAGR of 35.2% during the forecast period from 2024 to 2030
The U.S. market is also seeing an influx of partnerships and product launches. For instance, Doosan Robotics Americas teamed with iAutomation in April 2023 to increase cobot distribution down the East Coast. Universal Robots launched UR20, a cobot designed with heavy payloads in mind, thus focusing on plastics, chemical, and food and beverage industries. Such developments indicate growing penetration of cobots across industries as manufacturers opt for flexible automation solutions that support them in addressing labor shortages and enhancing production efficiency.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=194541294
Health care is emerging as a promising sector for cobot deployment in the U.S. According to the Bureau of Labor Statistics, healthcare employment was 9.3% of the workforce in 2022, and the industry is growing to alleviate healthcare professional workload. Cobots are being used for patient handling, surgical assistance, and laboratory automation in these streamlined operations and improved care delivery. Government automation programs for the healthcare sector further popularize the adoption of cobots in filling gaps in the workforce and increasing productivity.
The electronics industry has been widely adopting cobots for key applications in circuit board assembly, quality inspection, and device manufacturing. In parallel, as e-commerce grows, so does the adoption of cobots in warehouses and logistics and includes stockroom management, picking orders, and packaging. As such, FANUC, ABB, and Yaskawa have developed superior cobot solutions that have been optimized for applications in logistics and electronics.
Due to a highly robust manufacturing base, deep technological innovation, and great investments, the U.S. cobot market will be likely to dominate this global landscape. Companies that lead transformation in this industry are Universal Robots, ABB, and Doosan Robotics. The favorable policies of the government toward labor shortages have also helped support this advanced automation culture. Thus, the US collaborative robot market will continue to surge with expanding use cases across many industries and will remain an undisputed leader in automation technologies.
Major vendors in the Collaborative Robot companies include
Universal Robots A/S (Denmark),
FANUC CORPORATION (Japan),
ABB (Switzerland),
TECHMAN ROBOT INC. (Taiwan), and
AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China),
KUKA AG (Germany),
Doosan Robotics Inc. (South Korea),
Denso Corporation (South Korea),
YASKAWA ELECTRIC CORPORATION (Japan),
Rethink Robotics GmBH (Germany).
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
No comments: