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Europe Warehouse Robotics Market Size was valued at USD 2.2 Billion in 2022. The Europe Warehouse Robotics market industry is projected to grow from USD 2.53 Billion in 2023 to USD 7.86 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15.20% during the forecast period (2023 - 2032). The rise in e-commerce demand, labor scarcity, and the development of technology is the key market drivers propelling market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The COVID-19 epidemic and shifting customer preferences are driving a significant development in the e-commerce industry: a surge in demand. Businesses are looking for effective and automated ways to manage inventory, and order fulfillment as more and more customers shop online. The expectations of e-commerce are being met, order accuracy is being improved, delivery times are being shortened, and warehouse operations are being optimized, thanks in large part to warehouse robotics. In addition, there is a continuous labor shortage in the European warehouse robotics sector. Finding and keeping competent personnel for manual warehouse tasks is a problem for many European countries. Businesses are investing more in automation and robotics solutions as a result of the manpower shortage. Robots that work in warehouses are proving to be an invaluable resource for companies since they can supplement human labor, filling in shortages and increasing output.
In a similar vein, the European warehouse robots market is witnessing the growing importance of sustainability and environmental issues. Businesses are looking for eco-friendly robotics solutions as the focus on lowering carbon emissions and energy usage grows. Producers are creating robots that use less energy and have less environmental effects. Furthermore, improved space usage and optimum storage can result from the employment of warehouse robots, which can lessen the total environmental impact of warehouses. These developments in the warehouse robots market in Europe are a sign of a sector that is changing quickly due to demands for sustainability, labor solutions, efficiency, and technical innovation. Thus boosting the Europe Warehouse Robotics market revenue.
The Europe Warehouse Robotics market segmentation, based on type, includes Industrial Robots, Sortation Systems, Conveyors, Palletizers, Automated Storage and Retrieval Systems (ASRS), and Mobile Robots (AGVs and AMRs). The market for warehouse robots in Europe is divided into several categories, with the Automated Storage and Retrieval System (ASRS) being the largest. Its significant rise is attributed to a number of factors. ASRS systems are attractive to warehouses with limited space because they provide extremely effective, space-saving solutions for handling and storing items. The growing need for better order accuracy and just-in-time inventory management also fuels the adoption of ASRS.
The Europe Warehouse Robotics market segmentation, based on Function, includes Storage, Packaging, Trans-shipments, and Other Functions. The "Storage" function stands out as the largest section within the European warehouse robotics market among the other functions. The primary reason for its domination is the growing need for effective and compact storage solutions. Businesses are turning to storage-focused warehouse robotics to maximize their storage capacity, increase stock accuracy, and more successfully meet client needs as a result of the expansion of e-commerce and the requirement for streamlined inventory management.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Europe Warehouse Robotics market segmentation, based on End-user Applications, includes Food and Beverage, Automotive, Retail, Electrical and Electronics, Pharmaceutical, and Other End User Applications. The "Retail" segment is the largest end-user application in the European warehouse robots market. There are a number of elements that have contributed to its dominance and expansion. Warehouse robots are essential for effective inventory management and order processing since high demand fluctuations and a need for prompt order fulfillment characterize the retail industry. The retail segment of the European warehouse robotics market has experienced strong growth due to the growing popularity of e-commerce and omnichannel retail models.
Germany is the biggest market for warehouse robotics in Europe. Germany's strong manufacturing and logistics industries, along with a focus on automation to boost operational effectiveness and preserve global competitiveness, are the key drivers of this expansion. The employment of warehouse robotics for better supply chain management is facilitated by the nation's advanced infrastructure and technological know-how. Furthermore, in terms of market share for warehouse robots in Europe, France is the second-largest region. Strong manufacturing, rising e-commerce demand, and an emphasis on supply chain optimization are the main drivers of this expansion. The use of warehouse robotics solutions is growing as a result of France's advantageous location within Europe and its dedication to technological advancement.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Leading market players to startups, and is fiercely competitive. Players are concentrating on market developments, such as engaging in ongoing innovation and product development as a means of competition. Furthermore, there is a growing trend of alliances and partnerships between robotics businesses and major online shops or e-commerce giants in the Europe Warehouse Robotics industry.
ABB Ltd.
KUKA AG
SSI Schaefer AG
KION Group AG
Mecalux SA
KNAPP AG
Kardex AG
Viastore Systems GmbH (Toyota Industries Corporation)
BEUMER Group GmbH & Co. KG
Vanderlande Industries B.V.
Siemens AG
Industrial Robots
Sortation Systems
Conveyors
Palletizers
Automated Storage and Retrieval System (ASRS)
Mobile Robots (AGVs and AMRs)
Storage
Packaging
Trans-shipments
Other Functions
Food and Beverage
Automotive
Retail
Electrical and Electronics
Pharmaceutical
Other End User Applications
Germany
UK
France
Italy
Spain
The Rest of Europe
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