U.S. Industrial Robotics Market Size & Outlook, 2023-2030
U.S. industrial robotics market, 2018-2030 (US$M)
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U.S. industrial robotics market highlights
- The U.S. industrial robotics market generated a revenue of USD 2,171.3 million in 2023 and is expected to reach USD 3,212.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, electrical/electronics was the largest revenue generating end use in 2023.
- Chemical, Rubber, & Plastics is the most lucrative end use segment registering the fastest growth during the forecast period.
Industrial robotics market data book summary
| Market revenue in 2023 | USD 2,171.3 million |
| Market revenue in 2030 | USD 3,212.3 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Electrical/electronics |
| Fastest growing segment | Chemical, Rubber, & Plastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, Electrical/Electronics, Metal/Heavy Machinery, Chemical, Rubber, & Plastics, Food |
| Key market players worldwide | ABB Ltd, YASKAWA Electric Corp, Mitsubishi Electric Corp, KUKA Robotics, Fanuc Corp, Denso Corp, Kawasaki Heavy Industries Ltd, OMRON Corp, Nachi Fujikoshi, Stellantis NV |
Other key industry trends
- In terms of revenue, U.S. accounted for 7.2% of the global industrial robotics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. industrial robotics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 694.0 million by 2030.
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Industrial Robotics Market Scope
Industrial Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. industrial robotics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial robotics market will help companies and investors design strategic landscapes.
Electrical/electronics was the largest segment with a revenue share of 25.94% in 2023. Horizon Databook has segmented the U.S. industrial robotics market based on automotive, electrical/electronics, metal/heavy machinery, chemical, rubber, & plastics, food covering the revenue growth of each sub-segment from 2018 to 2030.
In North America, the U.S. recorded the highest market share of 85.7% in 2023. The increasing adoption of technologically advanced solutions across the regional industrial sector, coupled with the strong presence of several major technology players, is positively influencing the market outlook.
The growing significance of industrial robots to facilitate expediting operations with high precision has instigated the adoption of automation in the country. Additionally, in 2022, according to the International Federation of Robotics, the United States saw the installation of 40 thousand industrial robots, marking the second-highest annual total.
This trend aligns with the broader growth observed in the industrial robotics market, reflecting the increasing adoption and utilization of automation technologies across various sectors.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. industrial robotics market , including forecasts for subscribers. This country databook contains high-level insights into U.S. industrial robotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. industrial robotics market size, by end use, 2018-2030 (US$M)
U.S. Industrial Robotics Market Outlook Share, 2023 & 2030 (US$M)
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