Europe Robotics Market – Size, Outlook, Trends and Forecast (2024

Europe Robotics Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Robots are controllable devices with a set of instructions and programmable requires only once. Robotic technology requires various elements like design, operation, sensors etc. This involves all type of engineers also research centres. Robots are future humans, substitutes of human works and saves or sense hazard environment. These are movable and sizes depend on the aspects we require and Robotic technology is part of artificial intelligence.

Europe Robotics Market Size & Growth:

Robots are movable, and transport data with ease in the manner of computer data transforms. Increase in automation process of industries, looking forward to machines which replace the human work, less investment of time due to an increase of capable machines are driving the global market size. This market stood at $xx Billion during 2017, and regarding CAGR it is projected to the growth of xx % and will reach $XX billion by 2025.

The growth in the market is attributed to the growing of capable machines with advanced technology from the involvement of all type of engineers. Robots provide work efficiency for within a short span of time which makes consumers to but investment and cost makes consumers aware of using machines. Reduction of cost, only applicable to critical situations keeps people in the prospective

Europe Robotics Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

manner of thinking, and healthy condition will drive the global robotic market growth in the forecast period.

Europe Robotics Market Share:

Robotics market is segmented into by type, by components, by the application. By type, the market is segmented into mobile robotics, static robotics & others. Mobile robots are controlled by software implemented by using sensors to identify their surroundings. These mobile robots are movable which is capable of the locomotive, and North America is a significant driving market in mobile robotics.

Regarding components type, the market is segmented into sensors, actuators, vision system, control unit, brake system & others. All these components are preferable to form a robot or machine where sensors are minimised from its original size with higher efficiency data. Due to its size, it is possible to place in a hazard environment which is driving the market growth.

Concerning application, the market is categorised into automotive, electronic, agriculture, military &defense, medical & healthcare. Automotive and electronic sectors are consuming robotic goods because for rapid urbanisation these two sectors act pillars. So this makes investors prefer the robotic technology in this digitalised world.

Regarding geography, the Europe market is classified into Germany, Italy, France, Spain and Others. Germany is the dominant market in robotic technology. Most

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Europe Robotics Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

of the car producing and innovation centres are from Germany. Even the agriculture sector plays a crucial role by using robotic tractors etc. These regions are fully fledged digital infrastructure also well-developed research centres on robots with huge investments are boosting the market growth.

Europe Robotics Market Trends:

On 18^th May 2017 IGM Company had robot welding installations in Austria.
On August 02, 2017 iRobot Corporation is intended to produce connected robots to integrate with other devices.

Europe Robotics Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have a complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOTanalysis, and Y-o-Y analysis.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact on altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Schunk
- Kawasaki
- Nachi – Fujikoshi
- WittmannBattenfeld Group
- Universal Robots
- Comau Robotics
- Durr
- IGM
- Kuka
- Aetheon Inc.
- Google Inc.
- Yamaha Corporation
- iRobot Corporation
- Amazon
- Staubli

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