The Europe Edge AI in Industrial Automation Market is expected to witness market growth of 25.1% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Edge AI in Industrial Automation Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $15.49 billion by 2031. The UK market is exhibiting a CAGR of 24.3% during 2024-2031. Additionally, the France market would experience a CAGR of 26.1% during 2024-2031.
Edge AI enhances cobots' safety, adaptability, and efficiency by allowing them to instantly respond to environmental changes, such as avoiding collisions when a human moves into their path. Cobots also make automation accessible to small and medium-sized enterprises (SMEs), providing a cost-effective alternative to traditional large-scale automation solutions.
Moreover, by taking over physically demanding tasks and working collaboratively with human employees, cobots help improve worker safety, reduce fatigue, and boost overall productivity. As industries increasingly adopt cobots powered by edge AI, the integration of human and machine labor is set to drive a new era of efficiency and innovation in industrial operations.
Across Europe, the demand for edge AI in industrial automation is significantly influenced by the rising installation of industrial robots, as industries aim to improve productivity, reduce costs, and adapt to changing market dynamics. According to the International Robotics Federation (IFR) industrial robot installations in Europe rose 9% to 92,393 units. In total, 80% of installations in 2023 could be attributed to destinations in the European Union (73,534 units, up by 2%). In 2023, growth was strongly driven by the automotive industry investing in traditionally strong car manufacturing countries such as Spain (5,053 units +31%) but also in smaller markets such as Slovakia (2,174 units, +48%) or Hungary (1,657 units, +31%).
The Germany market dominated the Europe Edge AI in Industrial Automation Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $15.49 billion by 2031. The UK market is exhibiting a CAGR of 24.3% during 2024-2031. Additionally, the France market would experience a CAGR of 26.1% during 2024-2031.
Edge AI enhances cobots' safety, adaptability, and efficiency by allowing them to instantly respond to environmental changes, such as avoiding collisions when a human moves into their path. Cobots also make automation accessible to small and medium-sized enterprises (SMEs), providing a cost-effective alternative to traditional large-scale automation solutions.
Moreover, by taking over physically demanding tasks and working collaboratively with human employees, cobots help improve worker safety, reduce fatigue, and boost overall productivity. As industries increasingly adopt cobots powered by edge AI, the integration of human and machine labor is set to drive a new era of efficiency and innovation in industrial operations.
Across Europe, the demand for edge AI in industrial automation is significantly influenced by the rising installation of industrial robots, as industries aim to improve productivity, reduce costs, and adapt to changing market dynamics. According to the International Robotics Federation (IFR) industrial robot installations in Europe rose 9% to 92,393 units. In total, 80% of installations in 2023 could be attributed to destinations in the European Union (73,534 units, up by 2%). In 2023, growth was strongly driven by the automotive industry investing in traditionally strong car manufacturing countries such as Spain (5,053 units +31%) but also in smaller markets such as Slovakia (2,174 units, +48%) or Hungary (1,657 units, +31%).
List of Key Companies Profiled
- Microsoft Corporation
- IBM Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- NVIDIA Corporation
- Google LLC (Alphabet Inc.)
- Synaptics Incorporated
- Nutanix, Inc.
- Adlink Technology, Inc.
- Gorilla Technology Group Inc.
- Oracle Corporation
Market Report Segmentation
By Organization Size- Large Enterprises
- Small & Medium Enterprises
- On-premise
- Cloud
- Hardware
- Edge Devices
- Sensors
- Gateways
- Software
- Edge Platforms
- AI Algorithms
- Machine Learning Models
- Services
- Deployment
- Integration
- Consulting
- Manufacturing
- Energy & Utilities
- Oil & Gas
- Automotive
- Logistics & Transportation
- Healthcare
- Other End-Uses
- Predictive Maintenance
- Quality Control & Inspection
- Process Optimization
- Anomaly Detection
- Energy Efficiency Management
- Other Solutions
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Edge AI in Industrial Automation Market by Organization Size
Chapter 6. Europe Edge AI in Industrial Automation Market by Deployment Type
Chapter 7. Europe Edge AI in Industrial Automation Market by Component
Chapter 8. Europe Edge AI in Industrial Automation Market by End-Use
Chapter 9. Europe Edge AI in Industrial Automation Market by Solutions
Chapter 10. Europe Edge AI in Industrial Automation Market by Country
Chapter 11. Company Profiles
Companies Mentioned
Some of the key companies profiled in this Europe Edge AI in Industrial Automation Market include:- Microsoft Corporation
- IBM Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- NVIDIA Corporation
- Google LLC (Alphabet Inc.)
- Synaptics Incorporated
- Nutanix, Inc.
- Adlink Technology, Inc.
- Gorilla Technology Group Inc.
- Oracle Corporation
Methodology
LOADING...
