Market Research Report
Europe Industrial Robotics Market Forecast 2021-2028
|Europe Industrial Robotics Market Forecast 2021-2028|
Published: August 2, 2021
Content info: 169 Pages
Delivery time: 2-3 business days
The Europe industrial robotics market is estimated to register a CAGR of 9.09% during the forecast period, 2021-2028. There is a growing need for automotive production techniques, which drives the market demands. Also, innovations in the manufacturing industry have led to a huge demand for SCARA robots, articulated robots, Cobots, Cartesian robots, etc. Further, leadership in robotics technology, productivity & sustainability, and high competition are the other key drivers of market growth.
Italy, Germany, Poland, the United Kingdom, Belgium, France, Russia, and Rest of Europe, are assessed for the Europe industrial robotics market growth analysis. France competes with Japan, Germany, and the United States, and is gradually becoming a leader in the 4.0 Industry. Staubli is the largest robot manufacturer in the country. It prioritizes industrial automation, evident through its production of 'SCARA.'
In Russia, the robotics industry continues to make investments, upgrade existing cranes, build new plants, and witness increased electric car sales, despite the pandemic. In addition, VTB Bank launched a 'robot factory' in July 2020. The aim is to roll 250 digital employees by the end of 2022.
In Poland, more than 30% of Polish companies in the manufacturing sector, as per the industry sources, plan to implement robots in the next three years. Also, the use of industrial robots in Polish manufacturing facilities has increased. For instance, Amazon's tenth facility in the country will include advanced Amazon Robotics technology. This entails 3000 robotic drive units supplementing the company's associates.
Some of the eminent companies in the market include ABB Ltd, Aurotek Corporation, Yamaha Robotics, Fanuc Corporation, Universal Robots, etc.