Europe's robotics market size was valued at USD 12.8 billion in 2022. The robotics industry is projected to grow from USD 13.37 Billion in 2023 to USD 19 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.50% during the forecast period (2024 - 2032). The increasing automation in the industrial sector, the growing demand for cost-effective material-handling systems, the rise in the investment for research & development, and consumer awareness regarding organic products are the major market drivers driving the Robotics market in Europe.
Source: Secondary Research, MRFR Database, Primary Research, and Analyst Review
The European robotics market CAGR is expanding due to the substantial increase in funding from venture capitalists. This influx of capital is driven by the growing demand for automation and robotics solutions in the logistics and warehousing industry. Venture capitalists recognize the market's potential for high returns on investment due to factors like increased efficiency, cost reduction, and improved operational processes. The funding enables robotics companies to innovate and develop cutting-edge technologies, expand their market presence, and drive industry growth. Overall, the surge in venture capital funding indicates strong investor confidence in the warehouse robotics market.
Furthermore, the robotics market is experiencing exponential growth driven by technological advancements and increased integration across industries. The convergence of AI and ML with robotics is fostering innovation in automation, enhancing efficiency, and enabling new applications. Key drivers include the pursuit of operational excellence, cost reduction, and the quest for improved decision-making processes. As businesses recognize the transformative potential of these technologies, investments surge, creating a dynamic market landscape where AI, ML, and robotics synergize to redefine industries, streamline processes, and unlock unprecedented possibilities driving the robotics market revenue.
The European robotics market segmentation, based on type, includes mobile robotics, static robotics, and others. The mobile robotics category dominated the market due to increased efficiency, cost savings, and enhanced safety. Advancements in sensor technologies, artificial intelligence, and the integration of robotic systems further propel growth. As businesses seek innovative solutions, the robotics market is poised for substantial development, revolutionizing industries through the adoption of mobile robotics. However, static robotics is the fastest-growing category due to the increasing demand for automated solutions in industries like manufacturing, healthcare, and logistics. The key driver is the pursuit of efficiency, cost-effectiveness, and precision in operations. This trend reflects a broader market shift towards intelligent automation to enhance productivity and address evolving industrial challenges.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The European robotics market segmentation, based on components, includes sensors, actuators, control units, vision systems, brake systems, and others. The sensors category dominated the market due to the increasing demand for automation across industries. Key drivers include advancements in sensor technologies, a rising focus on Industry 4.0, and the need for enhanced efficiency and precision in manufacturing processes. Inventions in artificial intelligence, machine learning, and the ongoing trend toward autonomous systems propel this dynamic market. However, brake systems are the fastest-growing category as robotics increasingly integrates with transportation, and intelligent brake systems become pivotal, ensuring safety and efficiency. The driver behind this synergy is the growing need for reliable, automated solutions to enhance the performance and safety of autonomous vehicles in a rapidly evolving technological landscape.
The European robotics market segmentation, based on end-users, includes electronics, agriculture, military & defense, medical & healthcare, automotive, and logistics. Automotive category holds a major market share due to the expansion in the demand for automation in manufacturing processes, enhancing efficiency and precision. Integration of robotics in automotive assembly lines optimizes production, reduces costs, and ensures high-quality outputs. This trend is fueled by advancements in robotic technology, such as AI and machine learning, revolutionizing the automotive industry and shaping the future of smart manufacturing. However, electronics is the fastest-growing category owing to the region's advancements in artificial intelligence, enabling smarter and more efficient automation. Rising demand for consumer electronics, industrial automation, and healthcare robotics fuel market growth.
The robotics market in Europe is experiencing robust growth due to increased adoption across industries due to the demand for automation, efficiency, and precision. The region's focus on Industry 4.0 initiatives and technological advancements contributes to the market's growth. Rising labor costs and the need for enhanced productivity are encouraging businesses to invest in robotic solutions. Additionally, supportive government initiatives, research and development activities, and collaborations between academia and industry players fuel innovation. The growing awareness of the benefits of robotics in healthcare, manufacturing, and logistics further accelerates market expansion, positioning Europe as a key player in the global robotics landscape.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Leading market participants are investing heavily in research and development to extend their product lines, which will allow the robotics market to grow even more. Market participants are also undertaking numerous strategic activities to extend their footprint, with significant market outcomes including new product expansions, contractual agreements, mergers and acquisitions, more elevated investments, and collaboration with other organizations. The robotics industry must offer cost-effective items to enhance and survive in a more competitive, expanding market climate.
Major participants in the robotics market are attempting to expand market needs by investing in research and development operations Schunk, Kawasaki, Nachi – Fujikoshi WittmannBattenfeld Group, Universal Robots, Comau Robotics, Durr, IGM, Kuka, Aetheon Inc., Google Inc., Yamaha Corporation, iRobot Corporation, Amazon, and Staubli.
Kawasaki
Nachi – Fujikoshi
WittmannBattenfeld Group
Universal Robots
Comau Robotics
Durr
IGM
Kuka
Aetheon Inc.
Google Inc.
Yamaha Corporation
iRobot Corporation
Amazon
Staubli
October 2022: ABB launched its smallest-ever industrial robot, offering unique possibilities for faster, more flexible, and high-quality production of wearable intelligent gadgets. With its compact size, class-leading payload, and unrivaled accuracy, the new IRB 1010 allowed electronics manufacturers to expand their production of devices via automation, including advanced watches, earphones, sensors, and health trackers.
Mobile Robotics
Static Robotics
Others
Electronics
Agriculture
Military & Defense
Medical & Healthcare
Automotive
Logistics
Sensors
Actuators
Control Units
Vision Systems
Brake Systems
Others
Europe
Germany
France
UK
Italy
Spain
Sweden
Denmark
Luxembourg
Norway
Austria
Rest of Europe
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 12.8 Billion |
| Market Size 2023 | USD 13.37 Billion |
| Market Size 2032 | USD 19 Billion |
| Compound Annual Growth Rate (CAGR) | 4.50% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Market Competitive Landscape, Revenue Forecast, Growth Factors, and Trends |
| Segments Covered | Type, Component, Application, and Region |
| Region Covered | Europe |
| Countries Covered | Germany, France, UK, Italy, Spain, Sweden, Denmark, Luxembourg, Norway, Austria, and Rest of Europe |
| Key Companies Profiled | Schunk, Kawasaki, Nachi – Fujikoshi WittmannBattenfeld Group, Universal Robots, Comau Robotics, Durr, IGM, Kuka, Aetheon Inc., Google Inc., Yamaha Corporation, iRobot Corporation, Amazon, and Staubli |
| Key Market Opportunities | The growing demand for efficiency & cost reduction in supply chain operations. |
| Key Market Dynamics | Rise in the investment for research & development |
Frequently Asked Questions (FAQ) :
The European robotics market size was valued at USD 12.8 Billion in 2022.
The market is projected to expand at a CAGR of 4.50% during the forecast period, 2024-2032.
The prominent players in the robotics market are Schunk, Kawasaki, Nachi – Fujikoshi WittmannBattenfeld Group, Universal Robots, Comau Robotics, Durr, IGM, Kuka, Aetheon Inc., Google Inc., Yamaha Corporation, iRobot Corporation, Amazon, and Staubli.
The sensors category dominated the robotics market in 2022.
The mobile robotics category had the largest share of the robotics market.
The automotive category had the largest share of the robotics market.
Research Analyst Level II With a technical background in information technology & semiconductors, shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. he is the poc for our clients, for their consulting projects running under the ict/semiconductor domain. shubham holds a bachelor’s in information and technology and a master of business administration (mba). shubham has executed over 150 research projects for our clients under the brand name market research future in the last 2 years. his core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. he is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. he has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. he has worked on the projects of top tech brands such as ibm, google, microsoft, aws, meta, oracle, cisco systems, samsung, accenture, vmware, schneider electric, dell, hp, ericsson, and so many others. he has worked on metaverse, web 3.0, zero-trust security, cyber-security, blockchain, quantum computing, robotics, 5g technology, high-performance computing, data centers, ai, automation, it equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.
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