The Europe Robotics Technology Market is expected to witness market growth of 14.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Robotics Technology Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $15.46 billion by 2031. The UK market is exhibiting a CAGR of 13.3% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 15.3% during 2024-2031.
The logistics sector is experiencing a significant transformation due to robotics technology. Automated guided vehicles (AGVs), drones, and robotic picking systems are being deployed to streamline operations in warehouses and distribution centers. These robots are responsible for tasks like picking, sorting, packaging, and delivery within facilities, reducing the need for human labor and improving efficiency.
Robotics is also used in last-mile delivery solutions, with delivery robots and drones capable of autonomously navigating urban environments to deliver packages to customers. Companies like Amazon have been pioneering robots in their fulfillment centers, using robotic systems to speed up the sorting and packing processes.
Europe is witnessing significant growth in adopting industrial robots, driven by the increasing demand for automation across various industries. As per the International Federation of Robotics (IFR), the European Union (EU) saw nearly 72,000 industrial robots installed in 2022, marking a 6% increase year-on-year. Germany, the largest industrial robot industry in Europe, accounted for 37% of these installations, underlining its pivotal role in driving this market in the region. In addition to manufacturing, logistics automation is another growing area where this technology is gaining traction across Europe. The adoption of autonomous vehicles, drones, and automated sorting systems is revolutionizing the logistics and e-commerce industries, particularly as demand for faster delivery and more efficient operations rises. Thus, the rising installation of industrial robots in Europe, particularly in Germany, profoundly impacts this market.
The Germany market dominated the Europe Robotics Technology Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $15.46 billion by 2031. The UK market is exhibiting a CAGR of 13.3% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 15.3% during 2024-2031.
The logistics sector is experiencing a significant transformation due to robotics technology. Automated guided vehicles (AGVs), drones, and robotic picking systems are being deployed to streamline operations in warehouses and distribution centers. These robots are responsible for tasks like picking, sorting, packaging, and delivery within facilities, reducing the need for human labor and improving efficiency.
Robotics is also used in last-mile delivery solutions, with delivery robots and drones capable of autonomously navigating urban environments to deliver packages to customers. Companies like Amazon have been pioneering robots in their fulfillment centers, using robotic systems to speed up the sorting and packing processes.
Europe is witnessing significant growth in adopting industrial robots, driven by the increasing demand for automation across various industries. As per the International Federation of Robotics (IFR), the European Union (EU) saw nearly 72,000 industrial robots installed in 2022, marking a 6% increase year-on-year. Germany, the largest industrial robot industry in Europe, accounted for 37% of these installations, underlining its pivotal role in driving this market in the region. In addition to manufacturing, logistics automation is another growing area where this technology is gaining traction across Europe. The adoption of autonomous vehicles, drones, and automated sorting systems is revolutionizing the logistics and e-commerce industries, particularly as demand for faster delivery and more efficient operations rises. Thus, the rising installation of industrial robots in Europe, particularly in Germany, profoundly impacts this 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 Robot Type
- Traditional Industrial Robots
- Cobots
- Professional Service Robots
- Other Robot Type
By Component
- Hardware
- Software
- Service
By Application
- Manufacturing
- Healthcare
- Logistics
- Aerospace & Defense
- Media & Entertainment
- Other Application
By Country
- 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 Robotics Technology Market by Robot Type
Chapter 6. Europe Robotics Technology Market by Component
Chapter 7. Europe Robotics Technology Market by Application
Chapter 8. Europe Robotics Technology Market by Country
Chapter 9. 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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