0

Industrial Robotics Market in the US 2016-2020

  • Published: Mar 2016
  • Pages: 54
  • SKU: IRTNTR9016
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

This market research study presents a detailed segmentation of the industrial robotics market in the US by application (material handling, welding, assembly, and painting), by product (articulated, cartesian, and SCARA), and by end-user (automotive, industrial machinery, food and beverage, electronics and semiconductor, pharmaceuticals, and plastic and rubber). The key vendors identified in this market are ABB, Adept Technology, FANUC, KUKA, Yaskawa Electric, and Competition Financials. 

Outlook of the industrial robotics market in the US

Technavio’s market research analysts have predicted the industrial robotics market in the US to grow stupendously at an impressive CAGR of more than 12% over the forecast period. Factors such as the reduction in time-to-market of industrial products will propel the growth prospects of this market in coming years. End-users in the US expect short delivery windows for their products. Industrial robots reduce the time-to-market of a product by significantly decreasing the manufacturing and assembling time. Moreover, these robots ensure that the products are of superior quality by eliminating the errors in the manufacturing process. They also improve the speed of the manufacturing process by integrating the various steps involved in the process.

In this industry report, analysts have estimated eminent factors like the rising trend of bot-sourcing to impel the growth prospects of this market until the end of 2020. With the rise in off-shore manufacturing costs, the companies in the US are increasingly shifting their operations to their home country by incorporating robotics and artificial intelligence. Therefore, these companies are looking at automating the process instead of outsourcing to countries where labor is less expensive. While a full-time offshore employee costs 65% less than an on-shore worker, deploying a robot can be up to 90% cheaper. Therefore, a significant chunk of easy-to-automate work in manufacturing companies in the US will be reshored and taken over by industrial robots, thereby propelling the growth of this market until the end of 2020. 

Segmentation by application and analysis of the industrial robotics market

  • Material handling
  • Welding
  • Painting
  • Assembly/disassembly

During 2015, the material handling segment dominated the industrial robotics market in the US and accounted for close to 37% of the market share. Material handling robots are used in applications like pick and place, packaging, palletizing and depalletizing, and handling in clean room environments. The automotive industry in the US accounts for the largest share of the global material handling robotics market. Since the handling process in the automotive industry involve high payload and cannot be performed by manual labor, industrial robots are well-suited for this industry. Large chassis of buses and trucks cannot be moved manually, and require robots to do these jobs. The increasing requirement of industrial robots in automotive and food and beverage industry will spur this market segment’s growth in the coming years.

Product segmentation and analysis of the industrial robotics market

  • Articulated robots
  • Cartesian robots
  • SCARA robots

During 2015, the articulated robots segment dominated the market and accounted for more than 50% of the market share. Articulated robots are widely used in the US in the manufacturing industries for various applications such as welding, assembling, sealing, picking, cutting, and spraying. Rising complexities in the manufacturing process and miniaturization of electrical and electronic equipment will propel the demand for articulated robots in the forecast period.

Competitive landscape and key vendors

Japanese and English vendors own most of the US facilities producing industrial robots. These companies have invested in the US to obtain a manufacturing presence close to their customer base.  The industrial robotics market has the presence of both international and local vendors, but the local vendors find it difficult to compete in terms of quality, features, and capability of the international vendors.

Key vendors in the market are -

  • ABB
  • Adept Technology
  • FANUC
  • KUKA
  • Yaskawa Electric
  • Competition Financials

Other prominent vendors analyzed in this market analysis are Epson Robotics, Kawasaki Heavy Industries, Mitsubishi Electric, Staubli Robotics, and Yamaha Robotics.

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 industrial robotics market in the US?
  • What are the key market trends impacting the growth of the industrial robotics market in the US?
  • What are the challenges to market growth?
  • Who are the key vendors in the industrial robotics market in the US?
  • What are the market opportunities and threats faced by the vendors in the industrial robotics market in the US?
  • Trending factors influencing the market shares in the US.
  • What are the key outcomes of the five forces analysis of the industrial robotics market in the US?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

Read More Read Less

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

PART 05: Market landscape

  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by application

  • Industrial robotics market in the US by material handling
  • Industrial robotics market in the US by welding
  • Industrial robotics market in the US by painting
  • Industrial robotics market in the US by assembly/disassembly

PART 07: Market segmentation by product

  • Industrial robotics market in the US by articulated robots
  • Industrial robotics market in the US by cartesian robots
  • Industrial robotics market in the US by SCARA robots

PART 08: Market segmentation by end-user

  • Industrial robotics market in the US by automotive industry
  • Industrial robotics market in the US by industrial machinery industry
  • Industrial robotics market in the US by food and beverage industry
  • Industrial robotics market in the US by electronics and semiconductor industry
  • Industrial robotics market in the US by pharmaceutical industry
  • Industrial robotics market in the US by rubber and plastic industry

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 overview
  • Competitive business overview

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.

TechnavioINFORMATION SOURCES

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
Technavio

TechnavioDATA ANALYSIS

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
Technavio

TechnavioREPORT WRITING

Qualitative

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

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Industrials
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>