Report: North American articulated robots market set to grow

The revenue of the North America articulated robots market is projected to reach $5.85 billion by 2026 in terms of robot systems including hardware, software & service, a 2019-2026 CAGR of 11.98%, according to a new report from ResearchAndMarkets.com.

The North America Articulated Robots Market by Subsystem, Function, Component, Payload, Industry Vertical, and Country 2015-2026: Growth Opportunity and Business Strategy report says annual shipments are expected to exhibit a CAGR of 14.72% during the same period, advancing to 54.26 thousand units in 2026.

Highlighted with 16 tables and 73 figures, this 159-page report is based on  research of the entire North America articulated robots market and all its sub-segments through detailed classifications.

Analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

The report provides historical market data for 2015-2017, revenue estimates for 2018, and forecasts from 2019 till 2026.

In-depth qualitative analyses include identification and investigation of the following aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, andPorter’s Fiver Forces.

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify the market in every aspect of the classification from perspectives of Subsystem, Function, Component, Payload, Industry Vertical, and Country.

Based on subsystem, the North America market is segmented into hardware, software and services, with annual revenue for 2015-2026 (historical and forecast) included in each section.