Key Findings
The North America industrial robotics market is set to register a CAGR of 12.14% during the forecast period, 2024-2032. The increasing adoption of industrial robots in the area is attributed to the rising influx of foreign direct investments (FDI) from non-NAFTA car manufacturers. Additionally, advancements in product development and research have broadened the application of industrial robots across various manufacturing sectors in the United States.

Market Insights
Canada and the United States are assessed for the North America industrial robotics market growth evaluation. Canada boasts a favorable regulatory environment that supports the development and testing of robotics products. Additionally, the country is equipped with a robust infrastructure for robotics education, with over 20 technical colleges and universities offering specialized courses in computer control techniques, pneumatics, hydraulics, mechatronics, and robotics.
Furthermore, diverse businesses spanning various industry verticals are increasingly investing in innovative production technology to take advantage of new processes and factory retooling, enabling flexible automation. Recognizing the significance of robotics for economic growth, the government has allocated funds to the Canadian Space Agency for the construction of rover and robotic arm prototypes.
In line with its position as a global leader in cutting-edge research and development, Canada actively supports entrepreneurial endeavors and innovation. Significant incentives for research and development activities are provided by both provincial and federal governments, fostering a conducive environment for investors in the field.

Competitive Insights
Some of the eminent firms in the market include SCHUNK GmbH, Seiko Epson Corporation, Rockwell Automation Inc, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation caters to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments