Market Research Report
Europe SCARA Robots Market Forecast 2019-2028
|Published by||Inkwood Research||Product code||945442|
|Published||Content info||108 Pages
Delivery time: 2-3 business days
|Europe SCARA Robots Market Forecast 2019-2028|
|Published: June 30, 2020||Content info: 108 Pages||
The Europe SCARA robots market is anticipated to project a CAGR of 8.71% during the forecast period of 2019 to 2028. A recent hike in the e-commerce industry, and rising demands from end-user industries like semiconductor manufacturing are predicted to drive the market growth in this region.
The Europe SCARA robots market growth is assessed across the United Kingdom, Belgium, Poland, Russia, Italy, Germany, France, and the rest of Europe. Italy is the second-largest robot market in Europe, and the automotive industry is the largest employer of industrial robots in the country. Although the global economic decline between 2008 to 2009 created a reduced demand in the Italian automobile market, the sector recouped, and the manufacture of vehicles witnessed an upsurge in 2011. The garment industry in Italy is highly labor-intensive. As a result, the industry is adopting robotics technology to reduce employment expenses, thereby efficiently increasing the profit margin. Russian industries are facing severe problems regarding the escalation of productivity because of process automation and robotization. However, the Russian market is still advancing and has enormous growth potential. To support expansion, the Government of the Russian Federation issued the initiative, 'Development of the manufacturing industry and improvement of its competitiveness for the period till 2020'. The program proposes an improved efficiency of labor due to the modernization of industrial processes, thus, propelling the market growth.
Prominent companies in the market include KUKA Aktiengesellschaft, Omron Corporation, Precise Automation Inc, Kawasaki Heavy Industries Inc, Staubli International AG, etc.
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