North America Market Forecast
The North America digital shipyard market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037, on the back of the high penetration rate of automation technology and process management among governments and enterprises in this region. The U. S, Canadian, and Mexican companies ordered up to 28% more i.e., 11,595 industrial robots compared to the first quarter of 2021. Further, increased implementation of robotic process automation in various business functions such as data entry, accounting, finance, procurement detail, and record management influence the market growth. The North American robotics market trend experience a rose in revenue by 43% and reached a value of USD 664 million in 2021.
Author Credits: Abhishek Verma
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