Europe Robotics Technology Market Size, Share & Trends Analysis Report By Robot Type, By Component (Hardware, Software, and Service), By Application, By Country and Growth Forecast, 2024 - 2031
The Europe Robotics Technology Market would 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 would continue to be a dominant market till 2031; thereby, achieving a market value of $15,464.9 million by 2031. The UK market is exhibiting a CAGR of 13.3% during (2024 - 2031). Additionally, The France market would 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.
Based on Robot Type, the market is segmented into Traditional Industrial Robots, Cobots, Professional Service Robots, and Other Robot Type. Based on Component, the market is segmented into Hardware, Software, and Service. Based on Application, the market is segmented into Manufacturing, Healthcare, Logistics, Aerospace & Defense, Media & Entertainment, and Other Application. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
By Robot Type
- Traditional Industrial Robots
- Cobots
- Professional Service Robots
- Other Robot Type
- Hardware
- Software
- Service
- Manufacturing
- Healthcare
- Logistics
- Aerospace & Defense
- Media & Entertainment
- Other Application
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Robotics Technology Market, by Robot Type
- 1.4.2 Europe Robotics Technology Market, by Component
- 1.4.3 Europe Robotics Technology Market, by Application
- 1.4.4 Europe Robotics Technology Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansion
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Mergers & Acquisition : 2020, Feb – 2023, Oct) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. Europe Robotics Technology Market by Robot Type
- 5.1 Europe Traditional Industrial Robots Market by Country
- 5.2 Europe Cobots Market by Country
- 5.3 Europe Professional Service Robots Market by Country
- 5.4 Europe Other Robot Type Market by Country
- Chapter 6. Europe Robotics Technology Market by Component
- 6.1 Europe Hardware Market by Country
- 6.2 Europe Software Market by Country
- 6.3 Europe Service Market by Country
- Chapter 7. Europe Robotics Technology Market by Application
- 7.1 Europe Manufacturing Market by Country
- 7.2 Europe Healthcare Market by Country
- 7.3 Europe Logistics Market by Country
- 7.4 Europe Aerospace & Defense Market by Country
- 7.5 Europe Media & Entertainment Market by Country
- 7.6 Europe Other Application Market by Country
- Chapter 8. Europe Robotics Technology Market by Country
- 8.1 Germany Robotics Technology Market
- 8.1.1 Germany Robotics Technology Market by Robot Type
- 8.1.2 Germany Robotics Technology Market by Component
- 8.1.3 Germany Robotics Technology Market by Application
- 8.2 UK Robotics Technology Market
- 8.2.1 UK Robotics Technology Market by Robot Type
- 8.2.2 UK Robotics Technology Market by Component
- 8.2.3 UK Robotics Technology Market by Application
- 8.3 France Robotics Technology Market
- 8.3.1 France Robotics Technology Market by Robot Type
- 8.3.2 France Robotics Technology Market by Component
- 8.3.3 France Robotics Technology Market by Application
- 8.4 Russia Robotics Technology Market
- 8.4.1 Russia Robotics Technology Market by Robot Type
- 8.4.2 Russia Robotics Technology Market by Component
- 8.4.3 Russia Robotics Technology Market by Application
- 8.5 Spain Robotics Technology Market
- 8.5.1 Spain Robotics Technology Market by Robot Type
- 8.5.2 Spain Robotics Technology Market by Component
- 8.5.3 Spain Robotics Technology Market by Application
- 8.6 Italy Robotics Technology Market
- 8.6.1 Italy Robotics Technology Market by Robot Type
- 8.6.2 Italy Robotics Technology Market by Component
- 8.6.3 Italy Robotics Technology Market by Application
- 8.7 Rest of Europe Robotics Technology Market
- 8.7.1 Rest of Europe Robotics Technology Market by Robot Type
- 8.7.2 Rest of Europe Robotics Technology Market by Component
- 8.7.3 Rest of Europe Robotics Technology Market by Application
- Chapter 9. Company Profiles
- 9.1 Kuka AG (Midea Group Co., Ltd.)
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Product Launches and Product Expansions:
- 9.1.6 SWOT Analysis
- 9.2 Hyundai Motor Company
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.5.2 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 SoftBank Robotics Group (SoftBank Group Corporation)
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Recent strategies and developments:
- 9.3.3.1 Partnerships, Collaborations, and Agreements:
- 9.3.3.2 Product Launches and Product Expansions:
- 9.3.4 SWOT Analysis
- 9.4 ABB Group
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Acquisition and Mergers:
- 9.4.5.2 Geographical Expansions:
- 9.4.6 SWOT Analysis
- 9.5 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental Analysis
- 9.5.4 Recent strategies and developments:
- 9.5.4.1 Product Launches and Product Expansions:
- 9.5.5 SWOT Analysis
- 9.6 Microsoft Corporation
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Acquisition and Mergers:
- 9.6.6 SWOT Analysis
- 9.7 Siemens AG
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 SWOT Analysis
- 9.8 CloudMinds Technology Inc.
- 9.8.1 Company Overview
- 9.9 IBM Corporation
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional & Segmental Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.5.2 Acquisition and Mergers:
- 9.9.6 SWOT Analysis
- 9.10. Rockwell Automation, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Partnerships, Collaborations, and Agreements:
- 9.10.5.2 Acquisition and Mergers:
- 9.10.6 SWOT Analysis
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook