Europe Robotics as a Service Market Size, Share & Industry Trends Analysis Report By Application (Handling, Assembling & Disassembling, Welding & Soldering, Dispensing, Processing), By End User, By Country and Growth Forecast, 2022 - 2028
The Europe Robotics as a Service Market would witness market growth of 16.0% CAGR during the forecast period (2022-2028).
The circumstances that all businesses had to cope with during the pandemic substantially favored technological advancement and digitization. This occasionally led to a demand for new robotic technologies, which helped to consolidate this trend. Robotic sanitation systems are one example of a developing and expanding sector. Robotic bipeds are once more in development. In agriculture, there has been tremendous developments owing to the use of robots and robotic processes. The demand for innovative technology solutions, such as agricultural robots that can mechanically perform weeding, is prompted by the sustainability issue and the glyphosate ban.
A technological push in service robots is driven by fundamental advancements in cloud technologies, digitization, 5G, and artificial intelligence, particularly in machine learning. The open-source Robot Operating System (ROS) is still quite popular and enables service robot application development to get off the ground quickly, even with few resources. In addition, more uniformity is made possible by new virtual marketplaces that make deployment and use easier.
The EU actively supports research, innovation, and creating jobs through smarter and safer robotics while preserving the moral dimensions of the progress made. Robotics is significant because of its broad effects on Europe's ability to sustain and grow a competitive industrial sector, with millions of linked jobs on the line. Robotics also provides fresh approaches to societal problems like aging, health, intelligent transportation, security, energy, and environmental issues. The European Commission has steadily established a strong foundation of knowledge-sharing as well as cooperation across the whole robotics stakeholder community through a portfolio of more than 120 research programs and coordinating measures. They have led to greater adoption of automation and robotics across the region.
The Germany market dominated the Europe Robotics as a Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $251.2 million by 2028. The UK market is anticipated to grow at a CAGR of 15% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 16.9% during (2022 - 2028).
Based on Application, the market is segmented into Handling, Assembling & Disassembling, Welding & Soldering, Dispensing, Processing, and Others. Based on End User, the market is segmented into Logistics, Automotive, Manufacturing, Food & Beverages, Aerospace & Defense, Retail, Media & Entertainment, Healthcare, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Berkshire Grey, Inc., Kuka AG (Midea Investment Holding Co., Ltd.), Cyberdyne, Inc., Knightscope, Inc., Locus Robotics, Exotec SAS, Caja Robotics, Hirebotics, Cobalt Robotics and Relay Robotics, Inc.
Scope of the Study
Market Segments covered in the Report:
By Application
- Handling
- Assembling & Disassembling
- Welding & Soldering
- Dispensing
- Processing
- Others
- Logistics
- Automotive
- Manufacturing
- Food & Beverages
- Aerospace & Defense
- Retail
- Media & Entertainment
- Healthcare
- Others
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Berkshire Grey, Inc.
- Kuka AG (Midea Investment Holding Co., Ltd.)
- Cyberdyne, Inc.
- Knightscope, Inc.
- Locus Robotics
- Exotec SAS
- Caja Robotics
- Hirebotics
- Cobalt Robotics
- Relay Robotics, Inc.
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Robotics as a Service Market, by Application
- 1.4.2 Europe Robotics as a Service Market, by End User
- 1.4.3 Europe Robotics as a Service Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 Recent Industry Wide Strategic Developments
- 3.1.1 Partnerships, Collaborations and Agreements
- 3.1.2 Product Launches and Product Expansions
- 3.1.3 Acquisition and Mergers
- 3.2 Top Winning Strategies
- 3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.2.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2020, Feb – 2023, Jan) Leading Players
- Chapter 4. Europe Robotics as a Service Market by Application
- 4.1 Europe Handling Market by Country
- 4.2 Europe Assembling & Disassembling Market by Country
- 4.3 Europe Welding & Soldering Market by Country
- 4.4 Europe Dispensing Market by Country
- 4.5 Europe Processing Market by Country
- 4.6 Europe Others Market by Country
- Chapter 5. Europe Robotics as a Service Market by End User
- 5.1 Europe Logistics Market by Country
- 5.2 Europe Automotive Market by Country
- 5.3 Europe Manufacturing Market by Country
- 5.4 Europe Food & Beverages Market by Country
- 5.5 Europe Aerospace & Defense Market by Country
- 5.6 Europe Retail Market by Country
- 5.7 Europe Media & Entertainment Market by Country
- 5.8 Europe Healthcare Market by Country
- 5.9 Europe Others Market by Country
- Chapter 6. Europe Robotics as a Service Market by Country
- 6.1 Germany Robotics as a Service Market
- 6.1.1 Germany Robotics as a Service Market by Application
- 6.1.2 Germany Robotics as a Service Market by End User
- 6.2 UK Robotics as a Service Market
- 6.2.1 UK Robotics as a Service Market by Application
- 6.2.2 UK Robotics as a Service Market by End User
- 6.3 France Robotics as a Service Market
- 6.3.1 France Robotics as a Service Market by Application
- 6.3.2 France Robotics as a Service Market by End User
- 6.4 Russia Robotics as a Service Market
- 6.4.1 Russia Robotics as a Service Market by Application
- 6.4.2 Russia Robotics as a Service Market by End User
- 6.5 Spain Robotics as a Service Market
- 6.5.1 Spain Robotics as a Service Market by Application
- 6.5.2 Spain Robotics as a Service Market by End User
- 6.6 Italy Robotics as a Service Market
- 6.6.1 Italy Robotics as a Service Market by Application
- 6.6.2 Italy Robotics as a Service Market by End User
- 6.7 Rest of Europe Robotics as a Service Market
- 6.7.1 Rest of Europe Robotics as a Service Market by Application
- 6.7.2 Rest of Europe Robotics as a Service Market by End User
- Chapter 7. Company Profiles
- 7.1 Berkshire Grey, Inc.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Partnerships, Collaborations, and Agreements:
- 7.1.5.2 Product Launches and Product Expansions:
- 7.2 Kuka AG (Midea Investment Holding Co., Ltd.)
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 Recent Strategies and Developments:
- 7.2.5.1 Partnerships, Collaborations & Agreements:
- 7.3 Cyberdyne, Inc.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Research & Development Expenses
- 7.4 knightscope, Inc.
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Research & Development Expenses
- 7.4.4 Recent strategies and developments:
- 7.4.4.1 Partnerships, Collaborations, and Agreements:
- 7.4.4.2 Acquisition and Mergers:
- 7.5 Locus Robotics
- 7.5.1 Company Overview
- 7.5.2 Recent strategies and developments:
- 7.5.2.1 Partnerships, Collaborations, and Agreements:
- 7.5.2.2 Acquisition and Mergers:
- 7.6 Exotec SAS
- 7.6.1 Company Overview
- 7.6.2 Recent strategies and developments:
- 7.6.2.1 Partnerships, Collaborations, and Agreements:
- 7.6.2.2 Product Launches and Product Expansions:
- 7.7 Caja Robotics
- 7.7.1 Company Overview
- 7.7.2 Recent strategies and developments:
- 7.7.2.1 Partnerships, Collaborations, and Agreements:
- 7.8 Hirebotics
- 7.8.1 Company Overview
- 7.9 Cobalt Robotics
- 7.9.1 Company Overview
- 7.9.2 Recent strategies and developments:
- 7.9.2.1 Partnerships, Collaborations, and Agreements:
- 7.10. Relay Robotics, Inc.
- 7.10.1 Company Overview
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