Europe Autonomous Mobile Robots Market Forecast Analysis 2024-2032
According to Triton’s analysis, the Europe autonomous mobile robots market is projected to rise at a CAGR of 19.56% in revenue over the forecast years 2024-2032.
Robotics is crucial for the competitiveness of many of Europe’s leading manufacturing industries in supporting employment. Moreover, robotics is becoming increasingly important for smaller manufacturing sectors that are vital to the region’s overall manufacturing and employment sector. The diverse scientific expertise fosters multidisciplinary fields like robotics, which depend on integrating a wide range of fundamental technologies. However, a significant challenge for the growth of the AMR market in Europe lies in navigating the region’s regulatory standards.
The countries explored in this region include the United Kingdom, Germany, France, Spain, Italy, the Netherlands, and Rest of Europe.
Germany secures a major market share with revenue of approximately $365.98 million in 2023.
- Germany’s economy is largely shaped by small and medium-sized enterprises (SMEs), which account for over 99% of all companies. The integration of UAVs (Unmanned Aerial Vehicles) into these SMEs is expected to enhance economic performance and significantly boost productivity.
- Previously, DB Schenker invested in Croatian robotics and AI solutions company Gideon Brothers, joining a $31 million Series A funding round. This funding aimed to accelerate the development and commercialization of AI and 3D vision-based AMRs, indicating a strong commitment to advanced automation solutions.
- The advanced AMR technology developed by Gideon Brothers has already been deployed in DB Schenker’s warehouse in Leipzig, Germany. This real-world implementation demonstrates the effectiveness of AMRs in enhancing operational efficiency, thereby driving the growth of the AMR market in Germany.
Autonomous Mobile Robots Market Forecast for the United Kingdom
The demand for autonomous mobile robots in the UK is driven by the need for efficient logistics, smart warehousing, and automation in manufacturing. Earlier, Ocado, a UK-based online grocer known for its e-commerce and automated warehouse technology, acquired two American robotics companies to enhance Ocado’s grocery technology, allowing it and its partner supermarkets to automate more warehouse tasks. Additionally, the growth factors for the AMR market in the UK include advancements in AI and robotics, increasing labor costs, and the rising demand for flexible automation solutions across various industries.
The autonomous mobile robots market is segmented based on component, robot type, application, and end-user. The component segment comprises hardware, software, and service. Some key hardware components in autonomous mobile robots include sensors (LIDAR, cameras), motors, batteries, navigation systems, robotic arms, onboard computers, and communication modules. These enable navigation, obstacle detection, task execution, and real-time data processing.
Contender Analysis in the Autonomous Mobile Robots Market:
KUKA AG specializes in manufacturing and supplying industrial robots and automated production systems. Its product range includes industrial robots, automated manufacturing systems with components, tools, jigs, and cells, as well as assembly lines and systems for engine and transmission assembly in automobiles. Additionally, the company provides engineering services across diverse industries, including automotive, aviation, electronics, foundry, plastics, food, and healthcare. KUKA operates in over 50 countries with more than 100 locations worldwide. Its largest facilities are situated in Germany, the US, China, and Hungary, with the company’s headquarters located in Augsburg, Germany.
At PACK EXPO International, taking place from November 3-6, 2024, in Chicago, KUKA Robotics will showcase four cutting-edge robotics cells designed for the packaging and processing industry. The live demonstrations will feature autonomous mobile robots (AMRs) for intralogistics and robotic solutions for palletizing and depalletizing.
Other contenders in the studied market are Aethon Inc, Locus Robotics Inc, Omron Corporation, ABB Ltd, Bleum, etc.
EUROPE AUTONOMOUS MOBILE ROBOTS MARKET 2024-2032.pdf