Market Share of North America Collaborative Robots Industry
The collaborative robotics market is fragmented and comprises several companies vying for attention in a fairly contested market space. Further, companies' strategic decisions, such as new product launches, investments, and collaborations, are expected to change the competitive landscape. For instance, in April 2020, Omron Automation Americas released the new TM Series Collaborative Robot. The probability of new players entering the market is moderately high during the forecast period, further intensifying the market competition. Due to all the factors mentioned above, the intensity of competitive rivalry is rated high, and it is expected to remain the same during the forecast period
North America Collaborative Robots Market Leaders
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Universal Robots AS
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Fanuc Corp.
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TechManRobot Inc.
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ABB LTD
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Kawasaki Heavy Industries Ltd
*Disclaimer: Major Players sorted in no particular order
