Collaborative Robots Market Research Report by Function, Payload Capacity, Component, Industry, Application, Country - North America Forecast to 2027 - Cumulative Impact of COVID-19

The North America Collaborative Robots Market size was estimated at USD 317.50 million in 2021 and expected to reach USD 443.90 million in 2022, and is projected to grow at a CAGR 43.48% to reach USD 2,770.55 million by 2027.

Market Statistics:
The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:
This research report categorizes the Collaborative Robots to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Function, the market was studied across Hand Guiding, Power & Force Limiting, Safety-Rated Monitored Stop, and Speed Reduction & Separation Monitoring.

Based on Payload Capacity, the market was studied across Above 10kg, Between 5 & 10kg, and Up to 5 Kg.

Based on Component, the market was studied across Hardware and Software. The Hardware is further studied across Controller, Drive, End Effector, and Sensor.

Based on Industry, the market was studied across Automotive, Electronics, Food & Beverages, Furniture & Equipment, Healthcare, Metals & Machining, and Plastics & Polymers.

Based on Application, the market was studied across Assembly, Gluing & Welding, Machine Tending, Material Handling, Packaging & Palletizing, Pick & Place, and Quality Testing.

Based on Country, the market was studied across Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Collaborative Robots market considering the current update on the conflict and its global response.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Collaborative Robots Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the North America Collaborative Robots Market, including ABB Ltd., Auto Robotics Inc., AutoGuide Mobile Robots, Comau S.p.A., Edgewater Automation, LLC, F&P Robotics AG, Fanuc Corporation, Franka Emika GMBH, Kawada Robotics Corporation, Kawasaki Heavy Industries, Ltd., Kuka AG, Locus Robotics Corporation, Mabi AG, MRK-Systeme GmbH, Rethink Robotics GmbH, Robert Bosch GmbH, Techman Robot Inc., Universal Robots A/S, Waypoint Robotics, Inc., and Yaskawa Electric Corporation.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the North America Collaborative Robots Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the North America Collaborative Robots Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the North America Collaborative Robots Market?
4. What is the competitive strategic window for opportunities in the North America Collaborative Robots Market?
5. What are the technology trends and regulatory frameworks in the North America Collaborative Robots Market?
6. What is the market share of the leading vendors in the North America Collaborative Robots Market?
7. What modes and strategic moves are considered suitable for entering the North America Collaborative Robots Market?

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Cumulative Impact of COVID-19

6. Collaborative Robots Market, by Function
6.1. Introduction
6.2. Hand Guiding
6.3. Power & Force Limiting
6.4. Safety-Rated Monitored Stop
6.5. Speed Reduction & Separation Monitoring

7. Collaborative Robots Market, by Payload Capacity
7.1. Introduction
7.2. Above 10kg
7.3. Between 5 & 10kg
7.4. Up to 5 Kg

8. Collaborative Robots Market, by Component
8.1. Introduction
8.2. Hardware
8.3.1. Controller
8.3.2. Drive
8.3.3. End Effector
8.3.4. Sensor
8.3. Software

9. Collaborative Robots Market, by Industry
9.1. Introduction
9.2. Automotive
9.3. Electronics
9.4. Food & Beverages
9.5. Furniture & Equipment
9.6. Healthcare
9.7. Metals & Machining
9.8. Plastics & Polymers

10. Collaborative Robots Market, by Application
10.1. Introduction
10.2. Assembly
10.3. Gluing & Welding
10.4. Machine Tending
10.5. Material Handling
10.6. Packaging & Palletizing
10.7. Pick & Place
10.8. Quality Testing

11. Canada Collaborative Robots Market
11.1. Introduction

12. Mexico Collaborative Robots Market
12.1. Introduction

13. United States Collaborative Robots Market
13.1. Introduction

14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.1.1. Quadrants
14.1.2. Business Strategy
14.1.3. Product Satisfaction
14.2. Market Ranking Analysis, By Key Player
14.3. Market Share Analysis, By Key Player
14.4. Competitive Scenario
14.4.1. Merger & Acquisition
14.4.2. Agreement, Collaboration, & Partnership
14.4.3. New Product Launch & Enhancement
14.4.4. Investment & Funding
14.4.5. Award, Recognition, & Expansion

15. Company Usability Profiles
15.1. ABB Ltd.
15.1.1. Business Overview
15.1.2. Key Executives
15.1.3. Product & Services
15.2. Auto Robotics Inc.
15.2.1. Business Overview
15.2.2. Key Executives
15.2.3. Product & Services
15.3. AutoGuide Mobile Robots
15.3.1. Business Overview
15.3.2. Key Executives
15.3.3. Product & Services
15.4. Comau S.p.A.
15.4.1. Business Overview
15.4.2. Key Executives
15.4.3. Product & Services
15.5. Edgewater Automation, LLC
15.5.1. Business Overview
15.5.2. Key Executives
15.5.3. Product & Services
15.6. F&P Robotics AG
15.6.1. Business Overview
15.6.2. Key Executives
15.6.3. Product & Services
15.7. Fanuc Corporation
15.7.1. Business Overview
15.7.2. Key Executives
15.7.3. Product & Services
15.8. Franka Emika GMBH
15.8.1. Business Overview
15.8.2. Key Executives
15.8.3. Product & Services
15.9. Kawada Robotics Corporation
15.9.1. Business Overview
15.9.2. Key Executives
15.9.3. Product & Services
15.10. Kawasaki Heavy Industries, Ltd.
15.10.1. Business Overview
15.10.2. Key Executives
15.10.3. Product & Services
15.11. Kuka AG
15.11.1. Business Overview
15.11.2. Key Executives
15.11.3. Product & Services
15.12. Locus Robotics Corporation
15.12.1. Business Overview
15.12.2. Key Executives
15.12.3. Product & Services
15.13. Mabi AG
15.13.1. Business Overview
15.13.2. Key Executives
15.13.3. Product & Services
15.14. MRK-Systeme GmbH
15.14.1. Business Overview
15.14.2. Key Executives
15.14.3. Product & Services
15.15. Rethink Robotics GmbH
15.15.1. Business Overview
15.15.2. Key Executives
15.15.3. Product & Services
15.16. Robert Bosch GmbH
15.16.1. Business Overview
15.16.2. Key Executives
15.16.3. Product & Services
15.17. Techman Robot Inc.
15.17.1. Business Overview
15.17.2. Key Executives
15.17.3. Product & Services
15.18. Universal Robots A/S
15.18.1. Business Overview
15.18.2. Key Executives
15.18.3. Product & Services
15.19. Waypoint Robotics, Inc.
15.19.1. Business Overview
15.19.2. Key Executives
15.19.3. Product & Services
15.20. Yaskawa Electric Corporation
15.20.1. Business Overview
15.20.2. Key Executives
15.20.3. Product & Services

16. Appendix
16.1. Discussion Guide
16.2. License & Pricing