The North America Smart Robots Market would witness market growth of 25.5% CAGR during the forecast period (2020-2026). A smart robot consists of Artificial Intelligence (AI) which can associate with humans, work parallel to them, and imitates their actions. Rethink Robotics, a US-based company developed an industrial robot named Baxter. This robot operates on the Android platform right next to the line of workers where repeated tasks are carried out like accurate packing. Smart robots offer various advantages such as they work quickly, precisely, and tirelessly without any manual intervention.
Presently, smart vacuum cleaner robots are pushing the demand in residential sectors due to the installation of automated vacuum cleaners. Manufacturers are focused on developing smart vacuum robots with battery sensing, filter sensing, and floor sensing technologies. Moreover, industrial automation has seen high demand due to which they are increasingly used in packaging, manufacturing, and material handling industries.
The rising penetration of industrial automation and increasing deployment of autonomous robots for professional services are some of the factors that are expected to build the growth of the global smart robots market. Additionally, constant technological advancements in the domain of robotics and the growing incorporation of advanced technology like deep learning, machine learning, and the Internet of things (IoT) in smart robots are boosting the growth of the market. Smart robots involve artificial intelligence, which empowers them to function and carry out their tasks on their own. There is a wide-scale utilization of smart robots in commercial, industrial, and residential applications. Moreover, smart robots are installed in several industrial sectors like retail, automotive, manufacturing, healthcare, and process industries like energy and utilities, metal & mining, and food & beverages.
Based on Component, the market is segmented into Hardware and Software. Hardware segment is further segmented into Sensors, Actuators, Control systems, Power Sources and Others. Based on Mobility, the market is segmented into Mobile and Stationary. Based on Operating Environment, the market is segmented into Ground and Underwater. Based on End User, the market is segmented into Military & Defense, Logistics Management, Inspection & Maintenance, Field/Agricultural, Healthcare, Industrial, Domestic and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Smart Robots Market in North America is expected to register a CAGR of 25.5% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Kuka AG, FANUC Corporation, Yaskawa Electric Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Amazon.com, Inc., iRobot Corporation, SoftBank Group Corporation (SoftBank Robotics), Teradyne, Inc. (Universal Robots) and Hanson Robotics Limited.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Sensors
- Actuators
- Control systems
- Power Sources
- Others
- Software
By Mobility
By Operating Environment
By End User
- Military & Defense
- Logistics Management, Inspection & Maintenance
- Field/Agricultural
- Healthcare
- Industrial
- Domestic
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- ABB Group
- Kuka AG
- FANUC Corporation
- Yaskawa Electric Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Amazon.com, Inc.
- iRobot Corporation
- SoftBank Group Corporation (SoftBank Robotics)
- Teradyne, Inc. (Universal Robots)
- Hanson Robotics Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Smart Robots Market, by Component
1.4.2 North America Smart Robots Market, by Mobility
1.4.3 North America Smart Robots Market, by Operating Environment
1.4.4 North America Smart Robots Market, by End User
1.4.5 North America Smart Robots Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2020, Oct) Leading Players
Chapter 4. North America Smart Robots Market by Component
4.1 North America Smart Robots Hardware Market by Country
4.2 North America Smart Robots Market by Hardware Type
4.2.1 North America Smart Robots Control systems Market by Country
4.2.2 North America Smart Robots Actuators Market by Country
4.2.3 North America Smart Robots Sensors Market by Country
4.2.4 North America Smart Robots Power Sources Market by Country
4.2.5 North America Other Hardware Type Smart Robots Market by Country
4.3 North America Smart Robots Software Market by Country
Chapter 5. North America Smart Robots Market by Mobility
5.1 North America Mobile Smart Robots Market by Country
5.2 North America Stationary Smart Robots Market by Country
Chapter 6. North America Smart Robots Market by Operating Environment
6.1 North America Ground Smart Robots Market by Country
6.2 North America Underwater Smart Robots Market by Country
Chapter 7. North America Smart Robots Market by End User
7.1 North America Industrial Smart Robots Market by Country
7.2 North America Logistics Management, Inspection & Maintenance Smart Robots Market by Country
7.3 North America Field/Agricultural Smart Robots Market by Country
7.4 North America Healthcare Smart Robots Market by Country
7.5 North America Military & Defense Smart Robots Market by Country
7.6 North America Domestic Smart Robots Market by Country
7.7 North America Others Smart Robots Market by Country
Chapter 8. North America Smart Robots Market by Country
8.1 US Smart Robots Market
8.1.1 US Smart Robots Market by Component
8.1.1.1 US Smart Robots Market by Hardware Type
8.1.2 US Smart Robots Market by Mobility
8.1.3 US Smart Robots Market by Operating Environment
8.1.4 US Smart Robots Market by End User
8.2 Canada Smart Robots Market
8.2.1 Canada Smart Robots Market by Component
8.2.1.1 Canada Smart Robots Market by Hardware Type
8.2.2 Canada Smart Robots Market by Mobility
8.2.3 Canada Smart Robots Market by Operating Environment
8.2.4 Canada Smart Robots Market by End User
8.3 Mexico Smart Robots Market
8.3.1 Mexico Smart Robots Market by Component
8.3.1.1 Mexico Smart Robots Market by Hardware Type
8.3.2 Mexico Smart Robots Market by Mobility
8.3.3 Mexico Smart Robots Market by Operating Environment
8.3.4 Mexico Smart Robots Market by End User
8.4 Rest of North America Smart Robots Market
8.4.1 Rest of North America Smart Robots Market by Component
8.4.1.1 Rest of North America Smart Robots Market by Hardware Type
8.4.2 Rest of North America Smart Robots Market by Mobility
8.4.3 Rest of North America Smart Robots Market by Operating Environment
8.4.4 Rest of North America Smart Robots Market by End User
Chapter 9. Company Profiles
9.1 ABB Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.5.3 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Kuka AG
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.3 FANUC Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.4 Yaskawa Electric Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.4.2 Product Launches and Product Expansions:
9.5 Samsung Electronics Co., Ltd. (Samsung Group)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Amazon.com, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Acquisition and Mergers:
9.6.4.2 Product Launches and Product Expansions:
9.6.5 SWOT Analysis
9.7 iRobot Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Acquisition and Mergers:
9.7.5.3 Product Launches and Product Expansions:
9.8 SoftBank Group Corporation (SoftBank Robotics)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.9 Teradyne, Inc. (Universal Robots)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Partnerships, Collaborations, and Agreements:
9.9.4.2 Acquisition and Mergers:
9.10. Hanson Robotics Limited
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:
TABLE 1 North America Smart Robots Market, 2016 - 2019, USD Million
TABLE 2 North America Smart Robots Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Robots Market
TABLE 4 Product Launches And Product Expansions– Smart Robots Market
TABLE 5 Acquisition and Mergers– Smart Robots Market
TABLE 6 North America Smart Robots Market by Component, 2016 - 2019, USD Million
TABLE 7 North America Smart Robots Market by Component, 2020 - 2026, USD Million
TABLE 8 North America Smart Robots Hardware Market by Country, 2016 - 2019, USD Million
TABLE 9 North America Smart Robots Hardware Market by Country, 2020 - 2026, USD Million
TABLE 10 North America Smart Robots Market by Hardware Type, 2016 - 2019, USD Million
TABLE 11 North America Smart Robots Market by Hardware Type, 2020 - 2026, USD Million
TABLE 12 North America Smart Robots Control systems Market by Country, 2016 - 2019, USD Million
TABLE 13 North America Smart Robots Control systems Market by Country, 2020 - 2026, USD Million
TABLE 14 North America Smart Robots Actuators Market by Country, 2016 - 2019, USD Million
TABLE 15 North America Smart Robots Actuators Market by Country, 2020 - 2026, USD Million
TABLE 16 North America Smart Robots Sensors Market by Country, 2016 - 2019, USD Million
TABLE 17 North America Smart Robots Sensors Market by Country, 2020 - 2026, USD Million
TABLE 18 North America Smart Robots Power Sources Market by Country, 2016 - 2019, USD Million
TABLE 19 North America Smart Robots Power Sources Market by Country, 2020 - 2026, USD Million
TABLE 20 North America Other Hardware Type Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 21 North America Other Hardware Type Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 22 North America Smart Robots Software Market by Country, 2016 - 2019, USD Million
TABLE 23 North America Smart Robots Software Market by Country, 2020 - 2026, USD Million
TABLE 24 North America Smart Robots Market by Mobility, 2016 - 2019, USD Million
TABLE 25 North America Smart Robots Market by Mobility, 2020 - 2026, USD Million
TABLE 26 North America Mobile Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 27 North America Mobile Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 28 North America Stationary Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 29 North America Stationary Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 30 North America Smart Robots Market by Operating Environment, 2016 - 2019, USD Million
TABLE 31 North America Smart Robots Market by Operating Environment, 2020 - 2026, USD Million
TABLE 32 North America Ground Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 33 North America Ground Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 34 North America Underwater Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 35 North America Underwater Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 36 North America Smart Robots Market by End User, 2016 - 2019, USD Million
TABLE 37 North America Smart Robots Market by End User, 2020 - 2026, USD Million
TABLE 38 North America Industrial Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 39 North America Industrial Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 40 North America Logistics Management, Inspection & Maintenance Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 41 North America Logistics Management, Inspection & Maintenance Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 42 North America Field/Agricultural Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 43 North America Field/Agricultural Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 44 North America Healthcare Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 45 North America Healthcare Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 46 North America Military & Defense Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 47 North America Military & Defense Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 48 North America Domestic Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 49 North America Domestic Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 50 North America Others Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 51 North America Others Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 52 North America Smart Robots Market by Country, 2016 - 2019, USD Million
TABLE 53 North America Smart Robots Market by Country, 2020 - 2026, USD Million
TABLE 54 US Smart Robots Market, 2016 - 2019, USD Million
TABLE 55 US Smart Robots Market, 2020 - 2026, USD Million
TABLE 56 US Smart Robots Market by Component, 2016 - 2019, USD Million
TABLE 57 US Smart Robots Market by Component, 2020 - 2026, USD Million
TABLE 58 US Smart Robots Market by Hardware Type, 2016 - 2019, USD Million
TABLE 59 US Smart Robots Market by Hardware Type, 2020 - 2026, USD Million
TABLE 60 US Smart Robots Market by Mobility, 2016 - 2019, USD Million
TABLE 61 US Smart Robots Market by Mobility, 2020 - 2026, USD Million
TABLE 62 US Smart Robots Market by Operating Environment, 2016 - 2019, USD Million
TABLE 63 US Smart Robots Market by Operating Environment, 2020 - 2026, USD Million
TABLE 64 US Smart Robots Market by End User, 2016 - 2019, USD Million
TABLE 65 US Smart Robots Market by End User, 2020 - 2026, USD Million
TABLE 66 Canada Smart Robots Market, 2016 - 2019, USD Million
TABLE 67 Canada Smart Robots Market, 2020 - 2026, USD Million
TABLE 68 Canada Smart Robots Market by Component, 2016 - 2019, USD Million
TABLE 69 Canada Smart Robots Market by Component, 2020 - 2026, USD Million
TABLE 70 Canada Smart Robots Market by Hardware Type, 2016 - 2019, USD Million
TABLE 71 Canada Smart Robots Market by Hardware Type, 2020 - 2026, USD Million
TABLE 72 Canada Smart Robots Market by Mobility, 2016 - 2019, USD Million
TABLE 73 Canada Smart Robots Market by Mobility, 2020 - 2026, USD Million
TABLE 74 Canada Smart Robots Market by Operating Environment, 2016 - 2019, USD Million
TABLE 75 Canada Smart Robots Market by Operating Environment, 2020 - 2026, USD Million
TABLE 76 Canada Smart Robots Market by End User, 2016 - 2019, USD Million
TABLE 77 Canada Smart Robots Market by End User, 2020 - 2026, USD Million
TABLE 78 Mexico Smart Robots Market, 2016 - 2019, USD Million
TABLE 79 Mexico Smart Robots Market, 2020 - 2026, USD Million
TABLE 80 Mexico Smart Robots Market by Component, 2016 - 2019, USD Million
TABLE 81 Mexico Smart Robots Market by Component, 2020 - 2026, USD Million
TABLE 82 Mexico Smart Robots Market by Hardware Type, 2016 - 2019, USD Million
TABLE 83 Mexico Smart Robots Market by Hardware Type, 2020 - 2026, USD Million
TABLE 84 Mexico Smart Robots Market by Mobility, 2016 - 2019, USD Million
TABLE 85 Mexico Smart Robots Market by Mobility, 2020 - 2026, USD Million
TABLE 86 Mexico Smart Robots Market by Operating Environment, 2016 - 2019, USD Million
TABLE 87 Mexico Smart Robots Market by Operating Environment, 2020 - 2026, USD Million
TABLE 88 Mexico Smart Robots Market by End User, 2016 - 2019, USD Million
TABLE 89 Mexico Smart Robots Market by End User, 2020 - 2026, USD Million
TABLE 90 Rest of North America Smart Robots Market, 2016 - 2019, USD Million
TABLE 91 Rest of North America Smart Robots Market, 2020 - 2026, USD Million
TABLE 92 Rest of North America Smart Robots Market by Component, 2016 - 2019, USD Million
TABLE 93 Rest of North America Smart Robots Market by Component, 2020 - 2026, USD Million
TABLE 94 Rest of North America Smart Robots Market by Hardware Type, 2016 - 2019, USD Million
TABLE 95 Rest of North America Smart Robots Market by Hardware Type, 2020 - 2026, USD Million
TABLE 96 Rest of North America Smart Robots Market by Mobility, 2016 - 2019, USD Million
TABLE 97 Rest of North America Smart Robots Market by Mobility, 2020 - 2026, USD Million
TABLE 98 Rest of North America Smart Robots Market by Operating Environment, 2016 - 2019, USD Million
TABLE 99 Rest of North America Smart Robots Market by Operating Environment, 2020 - 2026, USD Million
TABLE 100 Rest of North America Smart Robots Market by End User, 2016 - 2019, USD Million
TABLE 101 Rest of North America Smart Robots Market by End User, 2020 - 2026, USD Million
TABLE 102 Key Information – ABB Group
TABLE 103 Key Information –Kuka AG
TABLE 104 key information – FANUC Corporation
TABLE 105 Key Information – Yaskawa Electric Corporation
TABLE 106 Key Information –Samsung Electronics Co., Ltd.
TABLE 107 Key Information – Amazon.com, Inc.
TABLE 108 Key Information – iRobot Corporation
TABLE 109 Key Information – SoftBank Group Corporation
TABLE 110 Key Information – Teradyne, Inc.
TABLE 111 Key Information – Hanson Robotics Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2020, Oct) Leading Players
FIG 5 Recent strategies and developments: ABB Group
FIG 6 SWOT Analysis: ABB Group
FIG 7 Recent strategies and developments: FANUC Corporation
FIG 8 Recent strategies and developments: Yaskawa Electric Corporation
FIG 9 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 10 Recent strategies and developments: Amazon.com, Inc.
FIG 11 SWOT analysis: Amazon.com, Inc.
FIG 12 Recent strategies and developments: iRobot Corporation
FIG 13 Recent strategies and developments: Teradyne, Inc.
FIG 14 Recent strategies and developments: Hanson Robotics Limited