The Europe Industrial Robotics Market is witnessing steady growth driven by advancements in automation technology, increasing demand for industrial robots across various sectors, and the need for enhanced productivity and efficiency in manufacturing processes. This report provides a comprehensive analysis of the market trends, growth drivers, challenges, and opportunities shaping the industrial robotics landscape in Europe.
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Market Overview:
The Europe Industrial Robotics Market encompasses the deployment of robotic systems and automation solutions in manufacturing industries such as automotive, electronics, aerospace, pharmaceuticals, food and beverage, and others. Industrial robots are utilized for tasks such as assembly, welding, material handling, painting, and inspection, among others, to improve operational efficiency, quality, and safety. The revenue of Europe industrial robotics market reached $9.9 billion in terms of robot systems (including robot machines, software, peripherals & system Engineering) by 2018, representing the second largest regional market in the world. The annual shipment in this region is estimated to be 70.95 thousand units in 2018.
Highlighted with 20 tables and 104 figures, this 197-page report “Europe Industrial Robotics Market by Subsystem, Robot Type, Function, Component, Configuration, Payload, Industry Vertical, and Country 2015-2026: Growth Opportunity and Business Strategy” is based on a comprehensive research of the entire Europe industrial robots market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2015-2017, revenue estimates for 2018, and forecasts from 2019 till 2026. (Please note: Before delivery, the report will be updated so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)
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Key Market Trends and Drivers:
Adoption of Industry 4.0: The integration of robotics, artificial intelligence, Internet of Things (IoT), and data analytics under the Industry 4.0 paradigm is driving the demand for advanced robotic solutions in European manufacturing facilities. Industry 4.0 initiatives focus on creating smart factories with interconnected systems that enable real-time monitoring, predictive maintenance, and flexible production processes.
Automotive Sector Dominance: The automotive industry remains a significant driver of the industrial robotics market in Europe, with manufacturers increasingly deploying robots for tasks such as welding, painting, and assembly. The demand for electric vehicles (EVs), autonomous vehicles, and lightweight materials is further fueling the adoption of robotics in automotive manufacturing.
Rising Labor Costs and Skills Shortages: The increasing labor costs and shortage of skilled workers in Europe are prompting manufacturers to invest in automation solutions to reduce reliance on manual labor and improve production efficiency. Industrial robots offer benefits such as higher precision, consistency, and speed, making them indispensable in addressing labor challenges.
Focus on Safety and Collaboration: With advancements in robotic technologies, there is a growing emphasis on ensuring the safety of human-robot collaboration in manufacturing environments. Collaborative robots (cobots) equipped with sensors and safety features are gaining traction, enabling close interaction between humans and robots without the need for physical barriers.
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Key Players:
ABB Ltd.
Adept Technology Inc.
Comau S.p.A
Daihen Corp.
Denso Wave Inc.
Ellison Technologies Inc.
Epson Robotics
Fanuc Corp.
Genmark Automation, Inc.
Kawasaki Robotics Inc.
Mitsubishi Electric Corp.
Nachi Fujikoshi Corp.
Panasonic Corporation (Activelink)
Pari Robotics
Rethink Robotics, Inc.
Robert Bosch GmbH
Rockwell Automation Inc.
Schunk GmbH
Staubli International AG
Toshiba Machine Co., Ltd.
Universal Robots
Yamaha Robotics
Yaskawa Electric Corp.
Market Challenges:
Despite the promising growth prospects, the Europe Industrial Robotics Market faces challenges such as high initial costs of robotic systems, complexity in integration and programming, concerns about job displacement, and regulatory hurdles related to safety and cybersecurity.
Market Opportunities:
Expansion of Robotics in SMEs: There is significant potential for the adoption of industrial robots in small and medium-sized enterprises (SMEs) across various industries. Manufacturers are increasingly offering cost-effective and user-friendly robotic solutions tailored to the needs of SMEs, opening up new growth opportunities.
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Application Expansion in Emerging Sectors: Beyond traditional industries, there is a growing demand for industrial robotics in emerging sectors such as healthcare, logistics, agriculture, and construction. Robotics companies are innovating to develop specialized robots capable of addressing the unique challenges and requirements of these sectors.
Based on subsystem
Robot Machines
Software
Peripherals & System Engineering
Based on robot type:
Articulated Robots
Cartesian/Gantry/Rectangular Arm Robots
SCARA Robots
Cylindrical Robots
Delta/Parallel Robots
Collaborative Robots
Others
Based on function:
Soldering & Welding
Material Handling
Assembling & Disassembling
Painting & Dispensing
Milling & Grinding
Cutting & Processing
Others
Based on component:
Robot Controller Unit
Robotic Arm
End Effector
Drive
Sensors
Power Supply
Motors
Others
Based on configuration:
Mounted Robots
Mobile Robots
Cobots/Collaborative Robots
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Based on payload:
0-20 KG
20-80 KG
80-300 KG
300-1000 KG
1000-3000 KG
Other Payloads
Based on application:
Automotive
Electrical & Electronics
Metal & Machinery
Chemicals, Rubber & Plastics
Medical & Pharmaceutical
Food & Agriculture
Others
Geographically:
APAC (Japan, China, South Korea, Taiwan, India, and Rest of APAC)
Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
North America (U.S. and Canada)
Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
RoW (Saudi Arabia, United Arab Emirates, Qatar)
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue and unit shipment are available for 2015-2026. The breakdown of all regional markets by country and split of key national/local markets by Robot Type, Function and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global industrial robots market are assayed quantitatively and qualitatively through Report Ocean, Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Report Scope:
This report meticulously segments the market, providing accurate revenue approximations for the overall market and its sub-segments across various verticals and regions. It equips stakeholders with a deep understanding of market dynamics, offering valuable insights into key drivers, restraints, challenges, and opportunities. Stakeholders can enhance their business position by gaining insights into competitors through the competitive landscape section, covering the competitor ecosystem, new product development, agreements, and acquisitions.
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Research Methodology:
- Research Objectives: This section outlines the research study’s overarching goals, including research questions and hypotheses.
- Research Design: Describing the overall research design, this section covers the research approach (e.g., quantitative, qualitative, mixed-methods), data collection methods (e.g., surveys, interviews, focus groups), and sampling strategy (e.g., random sampling, stratified sampling).
- Data Collection: This section details the data collection process, including sources of data (primary, secondary), data collection instruments (e.g., survey questionnaire, interview guide), and procedures (e.g., data cleaning, coding, entry).
- Data Analysis: Describing analytical methods, this section covers statistical tests, qualitative coding, or content analysis.
- Limitations: Outlining study limitations, this section addresses potential biases, sources of error, or data limitations.
- Ethical Considerations: Describing ethical considerations, this section covers obtaining informed consent, protecting participant confidentiality, and minimizing harm to participants.
Market Dynamics Points – Drivers, Restraints, Opportunities, Challenges:
Drivers:
- Increasing emphasis on self-care and wellness, especially among women.
- Growing awareness of health and beauty benefits provided by dietary supplements.
- Rising disposable incomes and a willingness to invest in premium health and beauty products.
- Influence of social media and beauty influencers shaping consumer preferences.
- Changing lifestyles and health concerns fueling demand for supplementary nutrition.
Restraints:
- Lack of regulatory oversight and quality control in the supplements industry.
- Consumer skepticism and confusion regarding product claims and effectiveness.
- Potential risks and interactions with other medications or health conditions.
- Limited accessibility and affordability of supplements in certain regions.
Opportunities:
- Increasing demand for natural and organic supplements.
- Untapped market potential in the Asia-Pacific region.
- Development of innovative formulations and delivery methods.
- Collaborations with beauty brands or influencers for product endorsements.
- Integration of technology to personalize nutrition and enhance the consumer experience.
Challenges:
- Intense competition among market players.
- Navigating regulatory complexities and meeting regional standards.
- Building trust and credibility with consumers.
- Educating consumers about the benefits and proper usage of supplements.
- Addressing concerns and skepticism regarding the safety and efficacy of supplements.
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