According to a new research report, North America Industrial Robotics Market published by KBV Research, the North America Industrial Robotics Technology Market is expected to grow at a CAGR of 9.3% during 2016 -2022.
The U.S market dominated the North America Industrial Robotics Technology Market in 2015, and would grow at a CAGR of 6.8% during the forecast period. However, Canada market is expected to grow at CAGR of 10% during 2016-2022.
The Articulated Robots market contributed the largest revenue share to the North America Industrial Robotics Technology Market in 2015, and is anticipated to grow at a CAGR of 7.4% during the forecast period. However, Cartesian Robots market is expected to grow at CAGR of 6.9% during 2016-2022.
The Automotive market registered the highest share in the North America Industrial Robotics Technology Market in 2015, and is expected to rise at a CAGR of 7% during the forecast period. The Chemical, Rubber & Plastics market is expected to attain a market size of $1,473.7 million by 2022. However, Electrical & Electronics market is expected to grow at CAGR of 7.2% during 2016-2022.
The report highlights the adoption of Industrial Robotics in North America.Based on Type, the market is segmented into Articulated Robots, Cartesian Robots, Scara Robots, Cylindrical Robots and Other Robots. Based on Application, the market is segmented into Automotive, Electrical & Electronics, Chemical, Rubber & Plastics, Machinery, Metals, Food & Beverages, Precision & Optics and Others. Based on Function, the market is segmented into Soldering & Welding, Materials Handling, Assembling & Disassembling, Painting & Dispensing, Milling, Cutting & Processing and Others. The countries included in the report are U.S, Canada, Mexico and Rest of North America.
Key Companies profiled in the report includes ABB Group, Adept Technology, Yaskawa Electric Corp., Fanuc, Kuka AG., iRobot Corp., Intuitive Surgical, Honda Motor and Yamaha Corporation.
Full report: https://www.kbvresearch.com/north-america-industrial-robotics-technology-market/
The market is segmented based on Type, Application, Function and country.
Companies Profiled:
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