North America Artificial Intelligence (AI) Robots Market By Offering (Software and Hardware), By Application (Stock Management, Military & Defense, Industrial, Education & Entertainment, Law Enforcement, Security & Surveillance, Agriculture, Healthcare Assistance and Others), By Technology (Machine Learning, Computer Vision, Natural Language Processing and Context Awareness), By Robot Type (Government, Energy, Defense, Agriculture & Forestry, Media & Entertainment, Civil Engineering & Archaeology, and Others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the North America Artificial Intelligence (AI) Robots Market
Market Report Description
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.
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.
Scope of the Study
Market Segments Covered in the Report:
- Stock Management
- Military & Defense
- Education & Entertainment
- Law Enforcement, Security & Surveillance
- Healthcare Assistance
- Machine Learning
- Computer Vision
- Natural Language Processing
- Context Awareness
By Robot Type
- Service Robots
- Industrial Robots
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- SoftBank Group Corporation
- NVIDIA Corporation
- Intel Corporation
- Microsoft Corporation
- IBM Corporation
- Hanson Robotics Limited
- KUKA AG
- Xilinx, Inc.
- ABB Group
- FANUC Corporation
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free