The Europe Cloud Robotics Market is expected to witness market growth of 24.9% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Cloud Robotics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.97 billion by 2031. The UK market is exhibiting a CAGR of 23.9% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 25.8% during 2024-2031.
In healthcare, cloud robotics enables advancements in telemedicine, surgical robots, and robotic prosthetics. Surgeons can control robotic arms remotely via cloud platforms, offering precision and minimally invasive surgeries. Furthermore, robots powered by AI and cloud technologies can assist in rehabilitation, providing patients with personalized exercises and real-time feedback. Data gathered from robots during medical procedures can also be processed in the cloud, providing insights for further improvements.
Furthermore, in the agricultural sector, cloud robotics is being used for precision farming. Robots with sensors and cloud-powered AI algorithms can collect field data and analyze soil conditions, crop health, and weather patterns. This information is then used to optimize irrigation, fertilization, and pest control. Cloud robotics also enables autonomous drones to monitor large farming areas and provide real-time data on crop performance, enabling farmers to make informed decisions.
The EU’s commitment to sustainability and digital transformation also influences this trend. Policies that reduce carbon footprints and increase energy efficiency prompt industrial companies to adopt more automated and efficient production processes. Cloud robotics plays a critical role in achieving these objectives by providing robots with the intelligence to make decisions autonomously while improving production lines' efficiency and flexibility. This contributes to a greener, more sustainable manufacturing ecosystem aligned with the EU’s climate goals. Thus, the growing industrial sector in Europe, marked by a steady increase in production and an expanding value of sold goods, is providing significant momentum for the market.
The Germany market dominated the Europe Cloud Robotics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.97 billion by 2031. The UK market is exhibiting a CAGR of 23.9% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 25.8% during 2024-2031.
In healthcare, cloud robotics enables advancements in telemedicine, surgical robots, and robotic prosthetics. Surgeons can control robotic arms remotely via cloud platforms, offering precision and minimally invasive surgeries. Furthermore, robots powered by AI and cloud technologies can assist in rehabilitation, providing patients with personalized exercises and real-time feedback. Data gathered from robots during medical procedures can also be processed in the cloud, providing insights for further improvements.
Furthermore, in the agricultural sector, cloud robotics is being used for precision farming. Robots with sensors and cloud-powered AI algorithms can collect field data and analyze soil conditions, crop health, and weather patterns. This information is then used to optimize irrigation, fertilization, and pest control. Cloud robotics also enables autonomous drones to monitor large farming areas and provide real-time data on crop performance, enabling farmers to make informed decisions.
The EU’s commitment to sustainability and digital transformation also influences this trend. Policies that reduce carbon footprints and increase energy efficiency prompt industrial companies to adopt more automated and efficient production processes. Cloud robotics plays a critical role in achieving these objectives by providing robots with the intelligence to make decisions autonomously while improving production lines' efficiency and flexibility. This contributes to a greener, more sustainable manufacturing ecosystem aligned with the EU’s climate goals. Thus, the growing industrial sector in Europe, marked by a steady increase in production and an expanding value of sold goods, is providing significant momentum for the market.
List of Key Companies Profiled
- Kuka AG (Midea Group Co., Ltd.)
- Hyundai Motor Company
- SoftBank Robotics Group (SoftBank Group Corporation)
- ABB Group
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Siemens AG
- CloudMinds Technology Inc.
- IBM Corporation
- Rockwell Automation Inc.
Market Report Segmentation
By Component- Software
- Service
- Industrial Robots
- Service Robots
- Large Enterprises
- SMEs
- SaaS
- PaaS
- IaaS
- Manufacturing
- Logistics
- Healthcare
- Aerospace & Defense
- Media & Entertainment
- Other Vertical
- 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 Cloud Robotics Market by Component
Chapter 6. Europe Cloud Robotics Market by Robot Type
Chapter 7. Europe Cloud Robotics Market by Enterprise Size
Chapter 8. Europe Cloud Robotics Market by Service Model
Chapter 9. Europe Cloud Robotics Market by Vertical
Chapter 10. Europe Cloud Robotics Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Kuka AG (Midea Group Co., Ltd.)
- Hyundai Motor Company
- SoftBank Robotics Group (SoftBank Group Corporation)
- ABB Group
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Siemens AG
- CloudMinds Technology Inc.
- IBM Corporation
- Rockwell Automation Inc.
Methodology
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