Europe Automotive Robotics Market Definition
The future position for European automotive industries in the global market will be greatly influenced as it formally adopts new climate change initiatives and works towards the enhanced implementation of digital technologies. There are several different proposals and initiatives that have been put forward by the European Commission to meet these problems head on. An area of high importance is the European Parliament since it will play a core role in defining the future actions and regulations that will set the stage for the automotive industry to transition into a greener and technologically superior setting.The usage of automotive robotics in the European community is primarily driven by the highly effective obligation to increase operational efficiency, improve working environment, and ensure the safety and well-being of employees. The future of this market looks optimistic as more and more industry players shift their attention towards technological development especially in production, environmental conservation in the manufacturing processes and coming up with ways of reducing operational cost. The established giants have also made huge investments into new fully automated production plants along with the advent of new markets, laying the groundwork for a significant revenue increase.
The automotive industry is currently growing in Europe and this trend is slated to progress in the future, owing to the rising need for cars. This is because of increased consumer spending capacity and development of vehicle part in different category of vehicles, cars two-wheeler, trucks, buses, and off-road vehicle, etc. In a bid to satisfy this demand, a conceptual shift towards the use of robots in the assembly of automobiles to augment flexibility and efficiency is now evident among manufacturers. These are industrial robots used in the assembly line and come with features suitable for automating.
The emergence of enhanced and advanced technologies and the expanding market for e- as vehicles market sector. This growth will however be attributed to the various robotic operations that ensure the completion of automobile production. Understanding the targeted market area manufactures of robots are establishing and launching in the market several models of robotics to meet the high demands of the European automotive industry.
Automotive robotics is employed extensively in the European car manufacture process especially for welding applications though the most used are semiautomatic and automatic welding robots. To be precise, these robots deliver high precision, speed and are very efficient thus enhancing the safety of the factories as well as drastically reducing the costs of labour. The use of robotic welders is vital for lightweight automotive vehicles as they always provide reliability to the automotive manufacturing industry standards.
Robotic welding is becoming popular among firms, and especially in sensitive areas involving electric cars, and self-driving automobiles. Ficep UK developed an automatic and robotic processing system to meet the growing market needs as welding companies searched for higher quality equipment to solve labor shortages and boost efficiency. Forming a strategic alliance with AGT Robotics, Ficep has come up with the Sabre welding robot to effectively undertake mechanical activities in the erection of structural steel.
Germany Automotive Robotics Market
Automation is widely adopted in Germany especially in automobile industries with robots being adopted in manufacturing especially in electrically powered cars. In the automobile sector in Germany, the utilization of industrial robotics has been realized, with the most frequent activity for the robots being welding. Robotic systems used in businesses are cheap, reliable and radical and can execute activities faster than the employees. It is dedicated to cut cost, work time, make high-quality products with improved output and less or no mistakes at all in Germany. They are employed in production lines of automotive industries to handle within organization functions and hence, relieve employees from burdensome tasks. The leading auto makers like the Ford Motors Co. and the Bayerische Motoren Werke or BMW are implementing technology in their manufacturing plants.OptiX Consulting a $240 million purchase for Realtime Robotics’ late-2023-launched Optimization-as-a-Service, which uses bespoke optimization software in tandem with robotic specialists in manufacturing efficiency. Owing to this solution’s effectiveness in EV production, Volkswagen Commercial Vehicles in Hanover, Germany, adopted it for an EV manufacturing pilot project. All these technologies are poised to generate healthy growth in automotive robotics for various operations during the manufacturing of cars and the rising trends in vehicle technologies, the increasing need for the EVs. There are plans by the robotic manufactures to release models that will meet the high demand of robotics in the automotive realm.
Europe Automobile Robotics Market Company Analysis
The European automobile robotics market includes major companies such as ABB, Fanuc Corporation, Rockwell Automation Inc., Yaskawa Electric Corporation, Kuka AG, Kawasaki Heavy Industries, Ltd, Harmonic Drive Systems Inc., Omron Corporation, and Yamaha Motor Co. Ltd.Europe Automobile Robotics Market Company News
FANUC unveiled the CRX family of collaborative robots in February 2022, including models with 5 kg, 20 kg, and 25-30 kg payloads. These robots build on the success of the CRX-10iA and CRX-10iA/L cobot models, marking a significant step forward in the company's product innovation.BMW i Ventures invested in Plus One Robotics, a vision software developer for logistical robots, in April 2021. The investment aims to speed up supply chain and logistics automation and improve the warehouse operator experience.
By Component - Market breakup in 6 viewpoints:
- Sensors
- Controller
- End Effector
- Robotic Arm
- Drive
- Others
By Types- Automotive Robotics Market breakup in 5 viewpoints:
- Articulated
- Cartesian
- Scara
- Cylindrical
- Others
By Application- Market breakup in 5 viewpoints:
- Welding
- Material Handling
- Painting
- Cutting
- Others
Country- Europe Automotive Robotics Market breakup in 7 viewpoints
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
All the key players have been covered from 4 Viewpoints:
- Overviews
- Recent Developments & Strategies
- Product Portfolio & Product Launch in Last 1 Year
- Revenue
Key Players Analysis
- ABB
- FANUC CORPORATION
- Yaskawa Electric Corporation
- Omron Adept Robotics
- Kawasaki Robotics
- Harmonic Drive System
- Nachi-Fujikoshi Corp.
- KUKA Robotics
Table of Contents
Companies Mentioned
- ABB
- FANUC CORPORATION
- Yaskawa Electric Corporation
- Omron Adept Robotics
- Kawasaki Robotics
- Harmonic Drive System
- Nachi-Fujikoshi Corp.
- KUKA Robotics
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 150 |
| Published | June 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 2.67 Billion |
| Forecasted Market Value ( USD | $ 6.63 Billion |
| Compound Annual Growth Rate | 10.6% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 8 |
