Europe Industrial Robots MarketEurope Industrial Robots Market Charting Growth Trajectories: Analysis and Forecasts 2024-2032
Europe Industrial Robots Market, Forecast 2024-2032
Base Year: 2023
120 Pages
Europe Industrial Robots Market Charting Growth Trajectories: Analysis and Forecasts 2024-2032
Key Insights
The Europe industrial Robots Market size was valued at USD 16.78 USD Billion in 2023 and is projected to reach USD 42.25 USD Billion by 2032, exhibiting a CAGR of 14.1 % during the forecast period. Industrial robots, representing the perfect example of effectiveness and precision, are automated devices for replicating what people used to do in factories. These robots exist in different types, such as articulated, cartesian and SCARA, the hardware being specially produced to emphasise specific operations. Europe is the leader in the industrial robot market all over the world which emphasizes the highest degree of technologies and quality criteria. Employed robots have advanced sensor and programming abilities that provide adequate space for the robots to move around in different production lines without hindrance. From the automotive assembly node to the electronics industry, industrial robots apply to various sectors and are used for speedy, incredibly accurate and reliable production. They enhance production process efficiencies, cut down labour costs, and improve product quality, which leads to a competitive and innovative manufacturing industry in Europe. Industrial robots have multi-level benefits such as more productivity, more flexibility and workplace safety.
Europe Industrial Robots Trends
- Increasing automation to enhance productivity and efficiency
- Growing demand for collaborative robots
- Integration of advanced technologies such as AI and IoT
Driving Forces: What's Propelling the Europe Industrial Robots Market
- Rising labor costs: Labor expenses have been steadily increasing, especially in Western Europe. This has led to a greater demand for industrial robots, which can reduce labor costs while improving efficiency.
- Need for improved product quality: Consumers are increasingly demanding products of higher quality. Industrial robots can improve quality by performing tasks with precision and consistency, reducing defects and rework.
- Government incentives and initiatives for automation: Governments in Europe are actively promoting automation to boost productivity and economic competitiveness. They offer various incentives, such as tax breaks and subsidies, to encourage businesses to adopt industrial robots.
Challenges and Restraints in Europe Industrial Robots Market
- High initial investment costs: Industrial robots require a substantial initial investment, which can be a barrier for small and medium-sized businesses.
- Concerns about job displacement: The adoption of industrial robots has raised concerns about job displacement. Businesses need to address these concerns by retraining employees and creating new jobs in related fields.
- Technical complexity and integration issues: Integrating industrial robots into existing production systems can be challenging. It requires technical expertise and proper planning to ensure smooth operation.
Emerging Trends in Europe Industrial Robots
- Adoption of cloud-based robotics
- Development of autonomous mobile robots
- Integrated sensors and vision systems for enhanced capabilities
Growth Catalysts in Europe Industrial Robots Industry
- Advancements in robotics technology
- Increasing demand from various industries
- Government support and funding for research and development
Market Segmentation: Europe Industrial Robots Analysis
Robot Type:
- Articulated
- SCARA
- Cylindrical
- Cartesian/Linear
- Parallel
- Others
Application:
- Pick and Place
- Welding & Soldering
- Material Handling
- Assembling
- Cutting & Processing
- Others
Industry:
- Automotive
- Electrical & Electronics
- Healthcare & Pharmaceutical
- Food & Beverages
- Rubber & Plastic
- Metals & Machinery
- Others
Leading Players in the Europe Industrial Robots Market
- KUKA AG (Germany)
- ABB (Switzerland)
- Universal Robots (Japan)
- Rethink Robotics GmbH (Germany)
- Schunk GmbH & Co. KG (Germany)
- Staubli International AG (Japan)
- Compau SpA (Italy)
- TM Robotics (U.K.)
- Fanuc Corporation (Japan)
- Artiminds Robotics GmbH (Germany)
Significant developments in Europe Industrial Robots Sector
- November 2022: KUKA AG launched a new KR 3 D1200 delta robot for the market.
- October 2022: ABB introduced a new small industrial robot IRB 1010 having features such as flexibility, energy efficiency, and lightweight.
- September 2020: Rethink Robotic GmbH opened a new manufacturing facility in Bochum, Germany.
Comprehensive Coverage Europe Industrial Robots Market Report
This market report provides comprehensive insights into the key factors driving the growth of the Europe Industrial Robots Market. It also offers a detailed analysis of the market segmentation, industry trends, and emerging technologies. The report also includes a thorough examination of the leading players and their competitive landscape.
Regional Insight
Europe continues to be a dominant market for industrial robots globally. Germany remains the largest market in the region, followed by France and the United Kingdom. The strong manufacturing base and high levels of automation in these countries drive the growth of the industrial robots market in Europe. Eastern European countries, such as Poland and the Czech Republic, are also witnessing increasing demand for industrial robots as they seek to enhance their manufacturing capabilities.
Europe Industrial Robots Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 14.1% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising Demand from the Automotive and Construction Sectors to Aid Market Growth
- 3.3. Market Restrains
- 3.3.1. High Initial Capital Investment and High Maintenance Costs to Restrain Market Growth
- 3.4. Market Trends
- 3.4.1. Technological Advancement in Equipment to Propel Market Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Industrial Robots Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - By Robot Type
- 5.1.1 Articulated
- 5.1.2 SCARA
- 5.1.3 Cylindrical
- 5.1.4 Cartesian/Linear
- 5.1.5 Parallel
- 5.1.6 and Others
- 5.2. Market Analysis, Insights and Forecast - By Application
- 5.2.1 Pick and Place
- 5.2.2 Welding & Soldering
- 5.2.3 Material Handling
- 5.2.4 Assembling
- 5.2.5 Cutting & Processing
- 5.2.6 and Others
- 5.3. Market Analysis, Insights and Forecast - By Industry
- 5.3.1 Automotive
- 5.3.2 Electrical & Electronics
- 5.3.3 Healthcare & Pharmaceutical
- 5.3.4 Food & Beverages
- 5.3.5 Rubber & Plastic
- 5.3.6 Metals & Machinery
- 5.3.7 and Others
- 5.4. Market Analysis, Insights and Forecast - By Region
- 5.4.1 Germany
- 5.4.2 France
- 5.4.3 Italy
- 5.4.4 United Kingdom
- 5.4.5 Netherlands
- 5.4.6 Rest of Europe
- 6. Germany Europe Industrial Robots Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Robot Type
- 6.1.1 Articulated
- 6.1.2 SCARA
- 6.1.3 Cylindrical
- 6.1.4 Cartesian/Linear
- 6.1.5 Parallel
- 6.1.6 and Others
- 6.2. Market Analysis, Insights and Forecast - By Application
- 6.2.1 Pick and Place
- 6.2.2 Welding & Soldering
- 6.2.3 Material Handling
- 6.2.4 Assembling
- 6.2.5 Cutting & Processing
- 6.2.6 and Others
- 6.3. Market Analysis, Insights and Forecast - By Industry
- 6.3.1 Automotive
- 6.3.2 Electrical & Electronics
- 6.3.3 Healthcare & Pharmaceutical
- 6.3.4 Food & Beverages
- 6.3.5 Rubber & Plastic
- 6.3.6 Metals & Machinery
- 6.3.7 and Others
- 7. France Europe Industrial Robots Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Robot Type
- 7.1.1 Articulated
- 7.1.2 SCARA
- 7.1.3 Cylindrical
- 7.1.4 Cartesian/Linear
- 7.1.5 Parallel
- 7.1.6 and Others
- 7.2. Market Analysis, Insights and Forecast - By Application
- 7.2.1 Pick and Place
- 7.2.2 Welding & Soldering
- 7.2.3 Material Handling
- 7.2.4 Assembling
- 7.2.5 Cutting & Processing
- 7.2.6 and Others
- 7.3. Market Analysis, Insights and Forecast - By Industry
- 7.3.1 Automotive
- 7.3.2 Electrical & Electronics
- 7.3.3 Healthcare & Pharmaceutical
- 7.3.4 Food & Beverages
- 7.3.5 Rubber & Plastic
- 7.3.6 Metals & Machinery
- 7.3.7 and Others
- 8. Italy Europe Industrial Robots Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Robot Type
- 8.1.1 Articulated
- 8.1.2 SCARA
- 8.1.3 Cylindrical
- 8.1.4 Cartesian/Linear
- 8.1.5 Parallel
- 8.1.6 and Others
- 8.2. Market Analysis, Insights and Forecast - By Application
- 8.2.1 Pick and Place
- 8.2.2 Welding & Soldering
- 8.2.3 Material Handling
- 8.2.4 Assembling
- 8.2.5 Cutting & Processing
- 8.2.6 and Others
- 8.3. Market Analysis, Insights and Forecast - By Industry
- 8.3.1 Automotive
- 8.3.2 Electrical & Electronics
- 8.3.3 Healthcare & Pharmaceutical
- 8.3.4 Food & Beverages
- 8.3.5 Rubber & Plastic
- 8.3.6 Metals & Machinery
- 8.3.7 and Others
- 9. United Kingdom Europe Industrial Robots Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Robot Type
- 9.1.1 Articulated
- 9.1.2 SCARA
- 9.1.3 Cylindrical
- 9.1.4 Cartesian/Linear
- 9.1.5 Parallel
- 9.1.6 and Others
- 9.2. Market Analysis, Insights and Forecast - By Application
- 9.2.1 Pick and Place
- 9.2.2 Welding & Soldering
- 9.2.3 Material Handling
- 9.2.4 Assembling
- 9.2.5 Cutting & Processing
- 9.2.6 and Others
- 9.3. Market Analysis, Insights and Forecast - By Industry
- 9.3.1 Automotive
- 9.3.2 Electrical & Electronics
- 9.3.3 Healthcare & Pharmaceutical
- 9.3.4 Food & Beverages
- 9.3.5 Rubber & Plastic
- 9.3.6 Metals & Machinery
- 9.3.7 and Others
- 10. Netherlands Europe Industrial Robots Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Robot Type
- 10.1.1 Articulated
- 10.1.2 SCARA
- 10.1.3 Cylindrical
- 10.1.4 Cartesian/Linear
- 10.1.5 Parallel
- 10.1.6 and Others
- 10.2. Market Analysis, Insights and Forecast - By Application
- 10.2.1 Pick and Place
- 10.2.2 Welding & Soldering
- 10.2.3 Material Handling
- 10.2.4 Assembling
- 10.2.5 Cutting & Processing
- 10.2.6 and Others
- 10.3. Market Analysis, Insights and Forecast - By Industry
- 10.3.1 Automotive
- 10.3.2 Electrical & Electronics
- 10.3.3 Healthcare & Pharmaceutical
- 10.3.4 Food & Beverages
- 10.3.5 Rubber & Plastic
- 10.3.6 Metals & Machinery
- 10.3.7 and Others
- 11. Rest of Europe Europe Industrial Robots Market Analysis, Insights and Forecast, 2018-2030
- 11.1. Market Analysis, Insights and Forecast - By Robot Type
- 11.1.1 Articulated
- 11.1.2 SCARA
- 11.1.3 Cylindrical
- 11.1.4 Cartesian/Linear
- 11.1.5 Parallel
- 11.1.6 and Others
- 11.2. Market Analysis, Insights and Forecast - By Application
- 11.2.1 Pick and Place
- 11.2.2 Welding & Soldering
- 11.2.3 Material Handling
- 11.2.4 Assembling
- 11.2.5 Cutting & Processing
- 11.2.6 and Others
- 11.3. Market Analysis, Insights and Forecast - By Industry
- 11.3.1 Automotive
- 11.3.2 Electrical & Electronics
- 11.3.3 Healthcare & Pharmaceutical
- 11.3.4 Food & Beverages
- 11.3.5 Rubber & Plastic
- 11.3.6 Metals & Machinery
- 11.3.7 and Others
- 12. Competitive Analysis
- 12.1. Market Share Analysis 2023
- 12.2. Company Profiles
- 12.2.1 KUKA AG (Germany)
- 12.2.1.1. Overview
- 12.2.1.2. Products
- 12.2.1.3. SWOT Analysis
- 12.2.1.4. Recent Developments
- 12.2.1.5. Financials (Based on Availability)
- 12.2.2 ABB (Switzerland)
- 12.2.2.1. Overview
- 12.2.2.2. Products
- 12.2.2.3. SWOT Analysis
- 12.2.2.4. Recent Developments
- 12.2.2.5. Financials (Based on Availability)
- 12.2.3 Universal Robots (Japan)
- 12.2.3.1. Overview
- 12.2.3.2. Products
- 12.2.3.3. SWOT Analysis
- 12.2.3.4. Recent Developments
- 12.2.3.5. Financials (Based on Availability)
- 12.2.4 Rethink Robotics GmbH (Germany)
- 12.2.4.1. Overview
- 12.2.4.2. Products
- 12.2.4.3. SWOT Analysis
- 12.2.4.4. Recent Developments
- 12.2.4.5. Financials (Based on Availability)
- 12.2.5 Schunk GmbH & Co. KG (Germany)
- 12.2.5.1. Overview
- 12.2.5.2. Products
- 12.2.5.3. SWOT Analysis
- 12.2.5.4. Recent Developments
- 12.2.5.5. Financials (Based on Availability)
- 12.2.6 Staubli International AG (Japan)
- 12.2.6.1. Overview
- 12.2.6.2. Products
- 12.2.6.3. SWOT Analysis
- 12.2.6.4. Recent Developments
- 12.2.6.5. Financials (Based on Availability)
- 12.2.7 Compau SpA (Italy)
- 12.2.7.1. Overview
- 12.2.7.2. Products
- 12.2.7.3. SWOT Analysis
- 12.2.7.4. Recent Developments
- 12.2.7.5. Financials (Based on Availability)
- 12.2.8 TM Robotics (U.K.)
- 12.2.8.1. Overview
- 12.2.8.2. Products
- 12.2.8.3. SWOT Analysis
- 12.2.8.4. Recent Developments
- 12.2.8.5. Financials (Based on Availability)
- 12.2.9 Fanuc Corporation (Japan)
- 12.2.9.1. Overview
- 12.2.9.2. Products
- 12.2.9.3. SWOT Analysis
- 12.2.9.4. Recent Developments
- 12.2.9.5. Financials (Based on Availability)
- 12.2.10 Artiminds Robotics GmbH (Germany)
- 12.2.10.1. Overview
- 12.2.10.2. Products
- 12.2.10.3. SWOT Analysis
- 12.2.10.4. Recent Developments
- 12.2.10.5. Financials (Based on Availability)
- 12.2.1 KUKA AG (Germany)
List of Figures
- Figure 1: Europe Industrial Robots Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
- Figure 2: Europe Industrial Robots Market Value Share (%), by Robot Type 2023 & 2031
- Figure 3: Europe Industrial Robots Market Value Share (%), by Application 2023 & 2031
- Figure 4: Europe Industrial Robots Market Value Share (%), by Industry 2023 & 2031
- Figure 5: Europe Industrial Robots Market Share (%) by Company 2023
List of Tables
- Table 1: Europe Industrial Robots Market Revenue USD Billion Forecast, by Robot Type 2018 & 2031
- Table 2: Europe Industrial Robots Market Volume K Units Forecast, by Robot Type 2018 & 2031
- Table 3: Europe Industrial Robots Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 4: Europe Industrial Robots Market Volume K Units Forecast, by Application 2018 & 2031
- Table 5: Europe Industrial Robots Market Revenue USD Billion Forecast, by Industry 2018 & 2031
- Table 6: Europe Industrial Robots Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 7: Europe Industrial Robots Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 8: Europe Industrial Robots Market Volume K Units Forecast, by Region 2018 & 2031
- Table 9: Europe Industrial Robots Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 10: Europe Industrial Robots Market Volume K Units Forecast, by Region 2018 & 2031
- Table 11: Europe Industrial Robots Market Revenue USD Billion Forecast, by Robot Type 2018 & 2031
- Table 12: Europe Industrial Robots Market Volume K Units Forecast, by Robot Type 2018 & 2031
- Table 13: Europe Industrial Robots Market Revenue USD Billion Forecast, by Application 2018 & 2031
- Table 14: Europe Industrial Robots Market Volume K Units Forecast, by Application 2018 & 2031
- Table 15: Europe Industrial Robots Market Revenue USD Billion Forecast, by Industry 2018 & 2031
- Table 16: Europe Industrial Robots Market Volume K Units Forecast, by Industry 2018 & 2031
- Table 17: Europe Industrial Robots Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 18: Europe Industrial Robots Market Volume K Units Forecast, by Country 2018 & 2031
- Table 19: Germany Europe Industrial Robots Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 20: Germany Europe Industrial Robots Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 21: France Europe Industrial Robots Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 22: France Europe Industrial Robots Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 23: Italy Europe Industrial Robots Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 24: Italy Europe Industrial Robots Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 25: United Kingdom Europe Industrial Robots Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 26: United Kingdom Europe Industrial Robots Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 27: Netherlands Europe Industrial Robots Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 28: Netherlands Europe Industrial Robots Market Volume (K Units) Forecast, by Application 2018 & 2031
- Table 29: Rest of Europe Europe Industrial Robots Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 30: Rest of Europe Europe Industrial Robots Market Volume (K Units) Forecast, by Application 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 14.1% from 2018-2032 |
| Segmentation |
|
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