Smart Machines Market in the Americas 2016-2020

  • Published: May 2016
  • Pages: 54
  • SKU: IRTNTR9299

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This market research report presents a comprehensive segmentation of the smart machines market in the Americas by end user (manufacturing and service) and by type (digital assistants, autonomous robots, and expert systems). It also highlights the key factors that influence market growth and includes an analysis of the key market drivers and trends. Leading vendors in this market are Aethon, BAE Systems, and Rethink Robotics.

Outlook of the smart machines market in the Americas

According to Technavio’s market research analysts, the smart machines market in the Americas will grow at an impressive CAGR of nearly 15% by 2020. Smart machines are devices that have cognitive computing ability. These machines utilize artificial intelligence (AI) and machine learning algorithms to sense, learn, reason, and interact with humans. The market for smart machines in the Americas will grow rapidly during the forecast period, and the prospects for its growth will be impelled by factors like recent technological advances and rapid R&D. The ability of these machines to correct and prevent processing errors created due to wear and tear of mechanical components, and drift of thermal working point will result in its augmented adoption during the forecast period. Furthermore, with the growing number of SMEs in most of the major manufacturing segments, the demand for collaborative robots that offer flexible solutions will increase rapidly.

The increasing popularity of machine learning will be the key driver for this market. Currently, the scope of machine learning has been gaining traction in the technical fields, which lies between statistics and computer science, and at the core of AI and data science. Data-intensive machine learning methodologies are being used in the manufacturing and services sectors as they allow autonomous robots to work effectively in a production plant. This increase in the popularity of machine learning will help to foster the prospects for growth in this market until the end of the forecast period.

End-user segmentation of the smart machines market in the Americas

  • Manufacturing
  • Service

In this market research, analysts have estimated the manufacturing sector to account for an impressive market share of more than 57% by 2020. The manufacturing sector in the US is the largest sector worldwide that incorporates technologies like expert systems and robots into their production processes. The ability of these machines to enhance productivity, so that manufacturers can meet the demand for products, will result in its increased adoption during the forecast period.

Segmentation by type and analysis of the smart machines market in the Americas

  • Digital assistants
  • Autonomous robots
  • Expert systems

The expert systems segment dominated this market during 2015 and is anticipated to retain its market position until 2020 owing to the rising popularity of these systems across the manufacturing and services sectors. The extensive utilization of these systems in sectors like healthcare, retail, and agriculture will result in its market segment’s impressive growth during the forecast period. A comprehensive market study carried out by the analysts at Technavio has shown that this market segment will account for a market share of almost 56% by 2020.

Competitive landscape and key vendors

The smart machines market in the Americas is heavily concentrated among top vendors of autonomous robots, expert systems, and digital systems. It has been observed that many new start-ups and small vendors in this market have started to expand their product portfolios and are now competing with major vendors as it will help them to gain maximum market shares.

Top vendors in the market are -

  • Aethon
  • BAE Systems
  • Rethink Robotics

Other prominent vendors are Anki, Artificial Solutions, Knightscope, Neuralware, Prioria Robotics, QBotix, Rockwell Collins, and Ward Systems Group.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the smart machines market in the Americas?
  • What are the key market trends impacting the growth of the smart machines market in the Americas?
  • What are the challenges to market growth?
  • Who are the key vendors in the smart machines market in the Americas?
  • What are the market opportunities and threats faced by the vendors in the smart machines market in the Americas?
  • Trending factors influencing the market shares of the Americas.
  • What are the key outcomes of the five forces analysis of the smart machines market in the Americas?

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings
  • Other prominent vendors

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights
  • Definitions
  • How the market grew?
  • How the market will grow?

PART 05: Market landscape

  • Market size and forecast
  • Five forces analysis

PART 06: Value chain analysis

  • Overview
  • Key stakeholder responsibilities

PART 07: Market segmentation by types

  • Smart machines market segmentation by types in the Americas
  • Expert systems market in the Americas
  • Autonomous robots market in the Americas
  • Digital assistants market in the Americas
  • Key market analysis

PART 08: Market segmentation by end-user

  • Smart machines in the Americas by end-users
  • Smart machines in industrial sector in the Americas
  • Smart machines in service sector in the Americas
  • Key end-user analysis

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

  • Competitive landscape
  • Recent developments

PART 15: Appendix

  • List of abbreviations

PART 16: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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