North America Automotive Robotics Market Size & Outlook
The automotive robotics market in North America is expected to reach a projected revenue of US$ 6,002.4 million by 2030. A compound annual growth rate of 15.3% is expected of North America automotive robotics market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,211.8
Forecast, 2030 (US$M)
$6,002.4
CAGR, 2024 - 2030
15.3%
Report Coverage
North America
North America automotive robotics market, 2018-2030 (US$M)
North America automotive robotics market highlights
- The North America automotive robotics market generated a revenue of USD 2,211.8 million in 2023.
- The market is expected to grow at a CAGR of 15.3% from 2024 to 2030.
- In terms of segment, articulated was the largest revenue generating product in 2023.
- Articulated is the most lucrative product segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 2,211.8 million |
| Market revenue in 2030 | USD 6,002.4 million |
| Growth rate | 15.3% (CAGR from 2023 to 2030) |
| Largest segment | Articulated |
| Fastest growing segment | Articulated |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Articulated |
Other key industry trends
- In terms of revenue, North America region accounted for 16.9% of the global automotive robotics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 1,597.8 million by 2030.
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Automotive Robotics Market Scope
Automotive robotics market segmentation & scope
End Use
Handling
Welding
Assembling
Painting
Dispensing
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
South Korea
Australia
Brazil
UAE
Saudi Arabia
South Africa
Automotive Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America automotive robotics market
Related regional statistics
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