North America Robotics Technology Market (2016-2022) – Expected to Reach $46.5 Billion – Key Vendors are ABB, KUKA & iRobot Corporation – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “North

America Robotics Technology Market (2016-2022)” report to their

offering.

The North America Robotics technology market is expected to reach $46.5

billion by 2022, growing at a CAGR of 10.3% during the forecast period

(2016-2022). Wide range of robots are already finding place in the

business world for diverse activities such as industrial robots, service

robots, and mobile robots.

Among the aforementioned robots available, the industrial robots hold a

major share in the market, largely due to its wide adoption in the

manufacturing sector for automating processes. The market for industrial

robotics is expected to reach $23.7 billion by 2022 at a CAGR of 7.4%

during the forecast period (2016-2022). On the other hand, the market

for Service robotics would rapidly grow during the forecast period due

to its growing adoption in healthcare and domestic sector.

The highly competitive environment and technological advancements has

compelled companies to look for options to reduce cost and improve

product quality. Advancement in technology and breakthrough in different

domains have enabled launch of innovative products while maintaining

product affordability. Recently developed robots are energy efficient

and designed to serve specific applications. Despite targeted

application areas, these robots are efficient, and are affordable,

making the adoption easy in small and medium businesses.

Companies Mentioned:

ABB Group

Adept Technology, Inc.

Yaskawa Electric Corporation

Fanuc Corporation

KUKA AG

iRobot Corporation

Intuitive Surgical, Inc.

Honda Motor Co., Ltd.

Kawasaki Heavy Industries, Ltd.

Yamaha Corporation

Key Topics Covered:

1. Market Scope & Methodology

2. Executive Summary

3. North America Robotics Technology Market Overview

4. North America Robotics Technology Market – By Type

5. North America Robotics Technology Market – By Application

6. North America Robotics Technology Market – By Country

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/rkb23c/north_america

http://www.businesswire.com/news/home/20161122005593/en/North-America-Robotics-Technology-Market-2016-2022–