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Europe Industrial Robots Market: Key Players, Growth Drivers, and Market Size by 2024

Discover the Europe Industrial Robots Market, focusing on growth drivers, key players, and market trends expected through 2024, essential for manufacturers embracing automation.

The Europe Industrial Robots Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the Europe Industrial Robots Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

Europe is the second largest region in the global industrial robots market. It is projected to grow at the highest CAGR of 14.1% during the forecast period. The global market for industrial robots is projected to grow from USD 16.78 billion in 2022 to USD 41.02 billion by 2030.

Recent industry developments are;

  • KUKA AG launched a new KR 3 D1200 delta robot for the market. It is specifically designed for the pick and placing of food materials, medicine, and electronic parts. It is used in the automotive, food & beverages, and electronics industries. It has a payload capacity of 6 KG.
  • ABB introduced a new small industrial robot IRB 1010 having features such as flexibility, energy efficiency, and lightweight. It consumes 20% less energy as compared to other industrial robots. It has a payload capacity of 1.5 KG.
  • Rethink Robotic GmbH opened a new manufacturing facility in Bochum, Germany. The new manufacturing facility able to manufacture industrial robots and collaborative robots.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Major Players:

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)

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Europe Industrial Robots Market Segmentation:

By Robot Type

  • Articulated
  • SCARA
  • Cylindrical
  • Cartesian / Linear
  • Parallel
  • Others (Delta, etc.)

By Application

  • Pick and Place
  • Welding & Soldering
  • Material Handling
  • Assembling
  • Cutting & Processing
  • Others (Painting, etc.)

By Industry

  • Automotive
  • Electrical & Electronics
  • Healthcare & Pharmaceutical
  • Food & Beverages
  • Rubber & Plastic
  • Metals & Machinery
  • Others (Construction, Defense, Logistics, etc.)

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the Europe Industrial Robots Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the Europe Industrial Robots Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

  • Drivers:
    • Growing demand for automation in manufacturing processes to enhance efficiency, precision, and productivity driving the adoption of industrial robots.
    • Technological advancements in robotics, including AI and machine learning, enabling more flexible and intelligent robotic solutions.
  • Restraints:
    • High initial investment costs and integration challenges may deter small and medium-sized enterprises from adopting industrial robotics.
    • Concerns over job displacement and the need for workforce reskilling impacting the perception and acceptance of industrial robots.

Table of Contents:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Industry Developments – Merger, Acquisitions, and Partnerships
    • Porter’s Five Forces Analysis
    • SWOT Analysis
    • Technological Developments
    • Value Chain Analysis

TOC Continued…!

Europe Industrial Robots Market Regional Segmentation:

By Country/ Sub-Region

  • Germany (By Robot Type)
  • U.K. (By Robot Type)
  • France (By Robot Type)
  • Italy (By Robot Type)
  • Rest of Europe

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