Europe Robotics Lubricants Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Base Oil (Mineral Oil, Synthetic Oil, and Others), Product Type (Hydraulic Oil, Gear Oil, and Grease), and End Use Industry (Automotive, Food and Beverage, Medical and Healthcare, Electrical and Electronics, Metals, and Other Manufacturing Industries)
The Europe robotics lubricants market is expected to grow from US$ 689.34 million in 2022 to US$ 1,209.51 million by 2028. It is estimated to grow at a CAGR of 9.8% from 2022 to 2028.
Adoption of Synthetic Oil-Based Robotics Lubricants Drive Europe Robotics Lubricants Market
Synthetic oil-based robotics lubricants are widely used in industrial operations and the automotive sector, owing to their advantages. Polyalphaolefin lubricant is the most common synthetic oil utilized in robots in automotive and industrial sectors. It possesses optimum physical and chemical properties, such as high viscosity index, low volatility, low pour point, and thermal stability. Synthetic lubricants are chemically modified and preferred over mineral oil. Robotics lubricant manufacturers prefer synthetic base oil to reduce dependency on nonrenewable resources such as petroleum and crude oil. Several robotics lubricant manufacturers are focused on research and development of synthetic lubricant formulations to provide improved oxidation stability. Further, advanced lubricants have a major role in reducing carbon emissions during the manufacturing process. In the past few years, end-use industries such as automotive and electrical & electronics have launched various initiatives and policies to reduce carbon footprint and carbon emissions, which is leading to the adoption of synthetic lubricants for robotics applications. Therefore, the adoption of synthetic oil-based robotic lubricants is expected to be a major trend in the Europe robotics lubricants market during the forecast period.
Europe Robotics Lubricants Market Overview
According to the report released by the International Federation of Robotics 2022, the installation of robots increased in Europe by 24%, and accounted for 84,302 units in 2021. This rising demand for robot installation was witnessed by the general industry with an upsurge of 51%. The motor vehicle, metal & machinery, and automotive components sectors in Germany accounted for 6,206 units, 3,376 units, and 2,740 units of annual industrial robotic installation, respectively, in 2021. Further, the rubber & plastics and electrical & electronics sectors accounted for 1,490 and 1,154 units of annual industrial robotic installation, respectively, in the same year. According to the World Robotics Report 2022, in Europe, the operational stock of robots in 2021 was registered to be 678,706 units. The robot density has grown by 129 units per 10,000 employees and 8% CAGR in 2021, since 2016. Further, Europe marks the presence of 400 (48%) out of the total global 828 classified professional service robot producers, as of 2021.
The rising automation and constant technological innovation are fueling the demand for robots in the end-use industries such as automotive, food & beverages, metal & machinery, and plastics & chemicals. According to a report released by the International Federation of Robotics 2022, the robotic installation in the Nordic countries upsurged by 31% (3,472 units), whereas the installations in Central & Eastern Europe grew by 47% and reached 12,210 units in 2021. The rise in automation is further fueled by government initiatives and policies in Europe. According to a report by European Commission, in 2023, the EU planned to invest US$ 198 million in 2023projects related to artificial intelligence, robotics, and novel materials. The development of robotics in the region is driving the demand for pertaining businesses such as component manufacturing, robotics lubrication, and electronics. Thus, the development of the robotics industry in Europe is expected to fuel the demand for robotics lubricants during the forecast period.
Europe Robotics Lubricants Market Revenue and Forecast to 2028 (US$ Million)
Europe Robotics Lubricants Market Segmentation
The Europe Robotics lubricants market is segmented into base oil, product type, end use industry, and country.
Based on base oil, the Europe robotics lubricants market is segmented into mineral oil, synthetic oil, and others. In 2022, the mineral oil segment registered a largest share in the Europe robotics lubricants market.
Based on product type, the Europe robotics lubricants market is segmented into hydraulic oil, gear oil, and grease. In 2022, the grease segment registered a largest share in the Europe robotics lubricants market.
Based on end use industry, the Europe robotics lubricants market is segmented into automotive, food and beverage, medical and healthcare, electrical and electronics, metals, and other manufacturing industries. In 2022, the automotive segment registered a largest share in the Europe robotics lubricants market.
Based on country, the Europe robotics lubricants market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. In 2022, the Rest of Europe segment registered a largest share in the Europe robotics lubricants market.
BP Plc, Fuchs Petrolub SE, Idemitsu Kosan Co Ltd, Kluber Lubrication GmbH & Co KG, Schaeffler Austria GmbH, and Shell Plc are the leading companies operating in the Europe robotics lubricants market.
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- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 Europe Robotics Lubricants Market, by Base Oil
- 1.3.2 Europe Robotics Lubricants Market, by Product Type
- 1.3.3 Europe Robotics Lubricants Market, by End Use Industry
- 1.3.4 Europe Robotics Lubricants Market, by Country
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:
- 4. Europe Robotics Lubricants Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitutes
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Robotics Lubricants Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End-Use Industries
- 4.4 Expert Opinion
- 5. Europe Robotics Lubricants Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Increasing Demand for Robotics Lubricants from Automotive Industry
- 5.1.2 Rising Preference for Robot Greases in End-use Industries
- 5.2 Market Restraints
- 5.2.1 Volatility in Prices of Raw Materials
- 5.3 Market Opportunities
- 5.3.1 Penetration of Robotics in Manufacturing Sector
- 5.4 Future Trends
- 5.4.1 Adoption of Synthetic Oil-Based Robotics Lubricants
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Robotics Lubricants– Europe Market Analysis
- 6.1 Europe Robotics Lubricants Market –Volume and Forecast to 2028 (Kilo Tons)
- 6.2 Europe Robotics Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
- 7. Europe Robotics Lubricants Market Analysis – By Base Oil
- 7.1 Overview
- 7.2 Europe Robotics Lubricants Market, By Base Oil (2021 and 2028)
- 7.3 Mineral Oil
- 7.3.1 Overview
- 7.3.2 Mineral Oil: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4 Synthetic Oil
- 7.4.1 Overview
- 7.4.2 Synthetic Oil: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 7.5 Others
- 7.5.1 Overview
- 7.5.2 Others: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 8. Europe Robotics Lubricants Market Analysis – By Product Type
- 8.1 Overview
- 8.2 Europe Robotics Lubricants Market, By Product Type (2021 and 2028)
- 8.3 Hydraulic Oil
- 8.3.1 Overview
- 8.3.2 Hydraulic Oil: Europe Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- 8.3.3 Hydraulic Oil: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 8.4 Gear Oil
- 8.4.1 Overview
- 8.4.2 Gear Oil: Europe Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- 8.4.3 Gear Oil: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 8.5 Grease
- 8.5.1 Overview
- 8.5.2 Grease: Europe Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- 8.5.3 Grease: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 9. Europe Robotics Lubricants Market Analysis – By End Use Industry
- 9.1 Overview
- 9.2 Europe Robotics Lubricants Market, By End Use Industry (2021 and 2028)
- 9.3 Automotive
- 9.3.1 Overview
- 9.3.2 Automotive: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 9.4 Food and Beverage
- 9.4.1 Overview
- 9.4.2 Food and Beverage: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 9.5 Medical and Healthcare
- 9.5.1 Overview
- 9.5.2 Medical and Healthcare: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 9.6 Electrical and Electronics
- 9.6.1 Overview
- 9.6.2 Electrical and Electronics: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 9.7 Metals
- 9.7.1 Overview
- 9.7.2 Metals: Europe Robotics Lubricants Market– Revenue and Forecast to 2028 (US$ Million)
- 9.8 Other Manufacturing Industries
- 9.8.1 Overview
- 9.8.2 Other Manufacturing Industries: Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 10. Europe Robotics Lubricants Market – Country Analysis
- 10.1 Overview
- 10.1.1 Europe: Robotics Lubricants Market, by Key Country
- 10.1.1.1 Germany: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- 10.1.1.2 Germany: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.2.1 Germany: Robotics Lubricants Market, by Base Oil
- 10.1.1.2.2 Germany: Robotics Lubricants Market, by Product Type
- 10.1.1.2.3 Germany: Robotics Lubricants Market, by Product Type
- 10.1.1.2.4 Germany: Robotics Lubricants Market, by End Use Industry
- 10.1.1.3 France: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- 10.1.1.4 France: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.4.1 France: Robotics Lubricants Market, by Base Oil
- 10.1.1.4.2 France: Robotics Lubricants Market, by Product Type
- 10.1.1.4.3 France: Robotics Lubricants Market, by Product Type
- 10.1.1.4.4 France: Robotics Lubricants Market, by End Use Industry
- 10.1.1.5 Italy: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- 10.1.1.6 Italy: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.6.1 Italy: Robotics Lubricants Market, by Base Oil
- 10.1.1.6.2 Italy: Robotics Lubricants Market, by Product Type
- 10.1.1.6.3 Italy: Robotics Lubricants Market, by Product Type
- 10.1.1.6.4 Italy: Robotics Lubricants Market, by End Use Industry
- 10.1.1.7 UK: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- 10.1.1.8 UK: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.8.1 UK: Robotics Lubricants Market, by Base Oil
- 10.1.1.8.2 UK: Robotics Lubricants Market, by Product Type
- 10.1.1.8.3 UK: Robotics Lubricants Market, by Product Type
- 10.1.1.8.4 UK: Robotics Lubricants Market, by End Use Industry
- 10.1.1.9 Russia: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- 10.1.1.10 Russia: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.10.1 Russia: Robotics Lubricants Market, by Base Oil
- 10.1.1.10.2 Russia: Robotics Lubricants Market, by Product Type
- 10.1.1.10.3 Russia: Robotics Lubricants Market, by Product Type
- 10.1.1.10.4 Russia: Robotics Lubricants Market, by End Use Industry
- 10.1.1.11 Rest of Europe: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- 10.1.1.12 Rest of Europe: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.12.1 Rest of Europe: Robotics Lubricants Market, by Base Oil
- 10.1.1.12.2 Rest of Europe: Robotics Lubricants Market, by Product Type
- 10.1.1.12.3 Rest of Europe: Robotics Lubricants Market, by Product Type
- 10.1.1.12.4 Rest of Europe: Robotics Lubricants Market, by End Use Industry
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Expansion
- 11.3 New Product Development
- 12. Company Profiles
- 12.1 Shell Plc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Fuchs Petrolub SE
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 BP Plc
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Idemitsu Kosan Co Ltd
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Chemie-Technik GmbH
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Kluber Lubrication GmbH & Co KG
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Schaeffler Austria GmbH
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary of Terms
- LIST OF TABLES
- Table 1. Europe Robotics Lubricants Market –Volume and Forecast to 2028 (Kilo Tons)
- Table 2. Europe Robotics Lubricants Market –Revenue and Forecast to 2028 (US$ Million)
- Table 3. Germany Robotics Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
- Table 4. Germany Robotics Lubricants Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
- Table 5. Germany Robotics Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 6. Germany Robotics Lubricants Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
- Table 7. France Robotics Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
- Table 8. France Robotics Lubricants Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
- Table 9. France Robotics Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 10. France Robotics Lubricants Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
- Table 11. Italy Robotics Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
- Table 12. Italy Robotics Lubricants Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
- Table 13. Italy Robotics Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 14. Italy Robotics Lubricants Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
- Table 15. UK Robotics Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
- Table 16. UK Robotics Lubricants Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
- Table 17. UK Robotics Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 18. UK Robotics Lubricants Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
- Table 19. Russia Robotics Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
- Table 20. Russia Robotics Lubricants Market, by Product Type– Volume and Forecast to 2028 (Kilo Tons)
- Table 21. Russia Robotics Lubricants Market, by Product Type– Revenue and Forecast to 2028 (US$ Million)
- Table 22. Russia Robotics Lubricants Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
- Table 23. Rest of Europe Robotics Lubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
- Table 24. Rest of Europe Robotics Lubricants Market, by Product Type – Volume and Forecast to 2028 (Kilo Tons)
- Table 25. Rest of Europe Robotics Lubricants Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
- Table 26. Rest of Europe Robotics Lubricants Market, by End Use Industry – Revenue and Forecast to 2028 (US$ Million)
- Table 27. Glossary of Terms, Europe Robotics Lubricants Market
- LIST OF FIGURES
- Figure 1. Europe Robotics Lubricants Market Segmentation
- Figure 2. Europe Robotics Lubricants Market Segmentation – By Country
- Figure 3. Europe Robotics Lubricants Market Overview
- Figure 4. Europe Robotics Lubricants Market, By End Use Industry
- Figure 5. Europe Robotics Lubricants Market, by Country
- Figure 6. Porter's Five Forces Analysis
- Figure 7. Europe Robotics Lubricants Market – Ecosystem Analysis
- Figure 8. Expert Opinion
- Figure 9. Europe Robotics Lubricants Market: Impact Analysis of Drivers and Restraints
- Figure 10. Europe Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- Figure 11. Europe Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 12. Europe Robotics Lubricants Market Revenue Share, By Base Oil (2021 and 2028)
- Figure 13. Mineral Oil: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 14. Synthetic Oil: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 15. Others: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 16. Europe Robotics Lubricants Market Revenue Share, By Product Type (2021 and 2028)
- Figure 17. Hydraulic Oil: Europe Robotics Lubricants Market – Volume and Forecast To 2028 (Kilo Tons)
- Figure 18. Hydraulic Oil: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 19. Gear Oil: Europe Robotics Lubricants Market – Volume and Forecast To 2028 (Kilo Tons)
- Figure 20. Gear Oil: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 21. Grease: Europe Robotics Lubricants Market – Volume and Forecast To 2028 (Kilo Tons)
- Figure 22. Grease: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 23. Europe Robotics Lubricants Market Revenue Share, By End Use Industry (2021 and 2028)
- Figure 24. Automotive: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 25. Food and Beverage: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 26. Medical and Healthcare: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 27. Electrical and Electronics: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 28. Metals: Europe Robotics Lubricants Market– Revenue and Forecast To 2028 (US$ Million)
- Figure 29. Other Manufacturing Industries: Europe Robotics Lubricants Market – Revenue and Forecast To 2028 (US$ Million)
- Figure 30. Europe: Robotics Lubricants Market, by Key Country- Revenue (2021) (US$ Million)
- Figure 31. Europe: Robotics Lubricants Market Revenue Share, by Key Country (2021 and 2028)
- Figure 32. Germany: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- Figure 33. Germany: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 34. France: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- Figure 35. France: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 36. Italy: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- Figure 37. Italy: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 38. UK: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- Figure 39. UK: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 40. Russia: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- Figure 41. Russia: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 42. Rest of Europe: Robotics Lubricants Market – Volume and Forecast to 2028 (Kilo Tons)
- Figure 43. Rest of Europe: Robotics Lubricants Market – Revenue and Forecast to 2028 (US$ Million)
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