North America Robotics Technology Market Size, Share & Trends Analysis Report By Robot Type, By Component (Hardware, Software, and Service), By Application, By Country and Growth Forecast, 2024 - 2031

The North America Robotics Technology Market would witness market growth of 14.1% CAGR during the forecast period (2024-2031).

The US market dominated the North America Robotics Technology Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $59,321.9 million by 2031. The Canada market is experiencing a CAGR of 16.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 15.5% during (2024 - 2031).

This market has emerged as one of the most transformative and rapidly expanding industry sectors in recent years. This technology is revolutionizing how various sectors operate, making processes more efficient, cost-effective, and precise. At the centre of this market is the integration of robots designed to automate tasks traditionally performed by humans, ranging from manufacturing to healthcare, logistics, and entertainment.

This technology is applied across various industries, benefiting from increased productivity, enhanced precision, and reduced human error. The healthcare sector has seen a surge in the adoption of this technology for surgical procedures, rehabilitation, and patient care. Surgical robots, such as the da Vinci Surgical System, enable surgeons to perform minimally invasive procedures with greater precision, flexibility, and control.

Canada’s Aerospace Regional Recovery Initiative (ARRI), with a substantial budget of $250 million over a few years, represents a significant investment in the recovery and growth of the aerospace sector. The initiative, delivered by Canada’s regional development agencies (RDAs), aims to enhance the competitiveness of Canada’s aerospace industry, which is known for its advanced technological infrastructure. The US government is also instrumental in the growth of the robotics technology market by funding and supporting robotics development through initiatives like the National Robotics Initiative (NRI), launched by the National Science Foundation (NSF). The NRI fosters collaboration between government agencies, universities, and industry to advance robotics research and deployment in healthcare, manufacturing, and defense sectors. Thus, the USA and Canada are set for significant growth in this market, fuelled by innovation, investment, and increasing industry adoption.

Free Valuable Insights: The Robotics Technology Market is Predict to reach USD 279.52 Billion by 2031, at a CAGR of 14.8%

Based on Robot Type, the market is segmented into Traditional Industrial Robots, Cobots, Professional Service Robots, and Other Robot Type. Based on Component, the market is segmented into Hardware, Software, and Service. Based on Application, the market is segmented into Manufacturing, Healthcare, Logistics, Aerospace & Defense, Media & Entertainment, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Kuka AG (Midea Group Co., Ltd.)
• Hyundai Motor Company
• SoftBank Robotics Group (SoftBank Group Corporation)
• ABB Group
• Amazon Web Services, Inc. (Amazon.com, Inc.)
• Microsoft Corporation
• Siemens AG
• CloudMinds Technology Inc.
• IBM Corporation
• Rockwell Automation Inc.

North America Robotics Technology Market Report Segmentation

By Robot Type

• Traditional Industrial Robots
• Cobots
• Professional Service Robots
• Other Robot Type

By Component

• Hardware
• Software
• Service

By Application

• Manufacturing
• Healthcare
• Logistics
• Aerospace & Defense
• Media & Entertainment
• Other Application

By Country

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Robotics Technology Market, by Robot Type
1.4.2 North America Robotics Technology Market, by Component
1.4.3 North America Robotics Technology Market, by Application
1.4.4 North America Robotics Technology Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansion
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Mergers & Acquisition : 2020, Feb – 2023, Oct) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Robotics Technology Market by Robot Type
5.1 North America Traditional Industrial Robots Market by Country
5.2 North America Cobots Market by Country
5.3 North America Professional Service Robots Market by Country
5.4 North America Other Robot Type Market by Country

Chapter 6. North America Robotics Technology Market by Component
6.1 North America Hardware Market by Country
6.2 North America Software Market by Country
6.3 North America Service Market by Country

Chapter 7. North America Robotics Technology Market by Application
7.1 North America Manufacturing Market by Country
7.2 North America Healthcare Market by Country
7.3 North America Logistics Market by Country
7.4 North America Aerospace & Defense Market by Country
7.5 North America Media & Entertainment Market by Country
7.6 North America Other Application Market by Country

Chapter 8. North America Robotics Technology Market by Country
8.1 US Robotics Technology Market
8.1.1 US Robotics Technology Market by Robot Type
8.1.2 US Robotics Technology Market by Component
8.1.3 US Robotics Technology Market by Application
8.2 Canada Robotics Technology Market
8.2.1 Canada Robotics Technology Market by Robot Type
8.2.2 Canada Robotics Technology Market by Component
8.2.3 Canada Robotics Technology Market by Application
8.3 Mexico Robotics Technology Market
8.3.1 Mexico Robotics Technology Market by Robot Type
8.3.2 Mexico Robotics Technology Market by Component
8.3.3 Mexico Robotics Technology Market by Application
8.4 Rest of North America Robotics Technology Market
8.4.1 Rest of North America Robotics Technology Market by Robot Type
8.4.2 Rest of North America Robotics Technology Market by Component
8.4.3 Rest of North America Robotics Technology Market by Application

Chapter 9. Company Profiles
9.1 Kuka AG (Midea Group Co., Ltd.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Hyundai Motor Company
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 SoftBank Robotics Group (SoftBank Group Corporation)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Recent strategies and developments:
9.3.3.1 Partnerships, Collaborations, and Agreements:
9.3.3.2 Product Launches and Product Expansions:
9.3.4 SWOT Analysis
9.4 ABB Group
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Acquisition and Mergers:
9.4.5.2 Geographical Expansions:
9.4.6 SWOT Analysis
9.5 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Product Launches and Product Expansions:
9.5.5 SWOT Analysis
9.6 Microsoft Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Siemens AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 CloudMinds Technology Inc.
9.8.1 Company Overview
9.9 IBM Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional & Segmental Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Rockwell Automation, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Acquisition and Mergers:
9.10.6 SWOT Analysis

TABLE 1 North America Robotics Technology Market, 2020 - 2023, USD Million
TABLE 2 North America Robotics Technology Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Robotics Technology Market
TABLE 4 Product Launches And Product Expansions– Robotics Technology Market
TABLE 5 Acquisition and Mergers– Robotics Technology Market
TABLE 6 Geographical Expansion– Robotics Technology Market
TABLE 7 North America Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 8 North America Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 9 North America Traditional Industrial Robots Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Traditional Industrial Robots Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Cobots Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Cobots Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Professional Service Robots Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Professional Service Robots Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Other Robot Type Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Other Robot Type Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 18 North America Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 19 North America Hardware Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Hardware Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Service Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Service Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 26 North America Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 27 North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Logistics Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Logistics Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Robotics Technology Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Robotics Technology Market by Country, 2024 - 2031, USD Million
TABLE 41 US Robotics Technology Market, 2020 - 2023, USD Million
TABLE 42 US Robotics Technology Market, 2024 - 2031, USD Million
TABLE 43 US Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 44 US Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 45 US Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 46 US Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 47 US Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 48 US Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 49 Canada Robotics Technology Market, 2020 - 2023, USD Million
TABLE 50 Canada Robotics Technology Market, 2024 - 2031, USD Million
TABLE 51 Canada Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 52 Canada Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 53 Canada Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 54 Canada Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 55 Canada Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 56 Canada Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 57 Mexico Robotics Technology Market, 2020 - 2023, USD Million
TABLE 58 Mexico Robotics Technology Market, 2024 - 2031, USD Million
TABLE 59 Mexico Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 60 Mexico Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 61 Mexico Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 62 Mexico Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 63 Mexico Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 64 Mexico Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 65 Rest of North America Robotics Technology Market, 2020 - 2023, USD Million
TABLE 66 Rest of North America Robotics Technology Market, 2024 - 2031, USD Million
TABLE 67 Rest of North America Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 68 Rest of North America Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 69 Rest of North America Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 70 Rest of North America Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 71 Rest of North America Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 72 Rest of North America Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 73 Key Information – Kuka AG
TABLE 74 key Information – Hyundai Motor Company
TABLE 75 Key Information – SoftBank Robotics Group Corp.
TABLE 76 Key Information – ABB Group
TABLE 77 Key Information – Amazon Web Services, Inc.
TABLE 78 Key Information – Microsoft Corporation
TABLE 79 Key Information – Siemens AG
TABLE 80 Key Information – CloudMinds Technology Inc.
TABLE 81 Key Information – IBM Corporation
TABLE 82 Key Information – Rockwell Automation, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Robotics Technology Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Robotics Technology Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Mergers & Acquisition : 2020, Feb – 2023, Oct) Leading Players
FIG 8 Porter’s Five Forces Analysis – Robotics Technology Market
FIG 9 North America Robotics Technology Market share by Robot Type, 2023
FIG 10 North America Robotics Technology Market share by Robot Type, 2031
FIG 11 North America Robotics Technology Market by Robot Type, 2020 - 2031, USD Million
FIG 12 North America Robotics Technology Market share by Component, 2023
FIG 13 North America Robotics Technology Market share by Component, 2031
FIG 14 North America Robotics Technology Market by Component, 2020 - 2031, USD Million
FIG 15 North America Robotics Technology Market share by Application, 2023
FIG 16 North America Robotics Technology Market share by Application, 2031
FIG 17 North America Robotics Technology Market by Application, 2020 - 2031, USD Million
FIG 18 North America Robotics Technology Market share by Country, 2023
FIG 19 North America Robotics Technology Market share by Country, 2031
FIG 20 North America Robotics Technology Market by Country, 2020 - 2031, USD Million
FIG 21 Swot Analysis: Kuka AG
FIG 22 Recent strategies and developments: Hyundai Motor Company
FIG 23 Swot Analysis: Hyundai Motor Company
FIG 24 Recent strategies and developments: SoftBank Robotics Group
FIG 25 SWOT Analysis: SoftBank Robotics Group
FIG 26 Recent strategies and developments: ABB GROUP
FIG 27 SWOT Analysis: ABB GROUP
FIG 28 SWOT Analysis: Amazon Web Services, Inc.
FIG 29 Recent strategies and developments: Microsoft Corporation
FIG 30 SWOT Analysis: Microsoft Corporation
FIG 31 SWOT Analysis: Siemens AG
FIG 32 Recent strategies and developments: IBM Corporation
FIG 33 SWOT Analysis: IBM Corporation
FIG 34 Recent strategies and developments: Rockwell Automation, Inc.
FIG 35 SWOT Analysis: Rockwell Automation, Inc.