The North America Artificial Intelligence (AI) Robots Market would witness market growth of 30.7% CAGR during the forecast period (2021-2027).
The increasing awareness among the companies regarding the benefits of AI in robotics that enables automation in various business processes and activities is estimated to fuel the growth of the artificial intelligence robots market in the forecast years. By integrating AI in robotics, companies across various industrial verticals can make their business processes more flexible along with boosting operational efficiency. The usage of AI robots can help companies to effortlessly connect these robots with other machines to achieve more productivity. In addition, these robots are highly efficient in performing recurring tasks with more accuracy and at a high pace.
The high adoption of advanced technologies or tools within AI and robotics is one of the major aspects fueling the demand for artificial intelligence robots across this region. Furthermore, the supportive government initiatives, policies, and compliances are motivating robotics companies to improve and bring innovations in AI robots for specialized use cases to provide improved performance. Along with that, the presence of several key players in the market is also supporting the growth of the regional artificial intelligence robots market in the upcoming years.
The US market dominated the North America Artificial Intelligence (AI) Robots Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $10,912 million by 2027. The Canada market is exhibiting a CAGR of 33.7% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 32.5% during (2021 - 2027).
Based on Offering, the market is segmented into Software and Hardware. Based on Application, the market is segmented into Stock Management, Military & Defense, Industrial, Education & Entertainment, Law Enforcement, Security & Surveillance, Agriculture, Healthcare Assistance and Others. Based on Technology, the market is segmented into Machine Learning, Computer Vision, Natural Language Processing and Context Awareness. Based on Robot Type, the market is segmented into Government, Energy, Defense, Agriculture & Forestry, Media & Entertainment, Civil Engineering & Archaeology, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Artificial Intelligence (AI) Robots Market is Estimated to reach $37.9 billion by 2027, at a CAGR of 32.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SoftBank Group Corporation, NVIDIA Corporation, Intel Corporation, Microsoft Corporation, IBM Corporation, Hanson Robotics Limited, KUKA AG, Xilinx, Inc., ABB Group, and FANUC Corporation.
By Offering
By Application
By Technology
By Robot Type
By Country
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