The Europe collaborative robots market was valued at approximately USD 636.08 million in 2023 and is projected to grow significantly, reaching around USD 5.15 billion by 2031, with an impressive compound annual growth rate (CAGR) of 29.9% during the forecast period from 2023 to 2031.
A notable initiative in this field is the VALERI project, which focuses on the validation of advanced collaborative robots for industrial applications. This project is coordinated by the Fraunhofer Institute for Factory Operation and Automation (IFF) in Germany, in collaboration with industrial partners including FACC, IDPSA, and Airbus.
1. Payload: The market is divided into three segments: up to 5 kg, 5-10 kg, and above 10 kg. The 5-10 kg segment held the largest share in 2023.
2. Application: Key applications include assembly, pick and place, material handling, quality testing, machine tending, welding, packaging, and others. The assembly application dominated the market in 2023.
3. Type: The market is categorized into robotic arms, welding guns, grippers, and other types. The robotic arm segment was the largest in terms of market share in 2023.
4. End-User Industry: The collaborative robots market serves various industries, including automotive, electronics, metal and machinery, food and beverage, logistics, pharmaceuticals, and others. The automotive sector was the leading segment in 2023.
5. Functionality: The market is divided into static robots and mobile robots, with static robots holding a larger market share in 2023.
6. Country: The market is segmented by country, including Germany, Italy, France, the UK, Russia, and the Rest of Europe. Germany was the dominant player in the collaborative robots market in 2023.
Reasons to Buy
Growth Drivers in the Manufacturing Sector
The rapid growth of the global manufacturing sector is a key factor propelling the demand for collaborative robots in Europe. As various regions invest in new manufacturing facilities, there is a strong push towards adopting advanced technologies to boost productivity, enhance customer satisfaction, and maintain competitive advantages. This trend is further fueled by global economic growth, which is driving a technological renaissance in manufacturing. Factories are increasingly modernizing their operations, leading to greater investments in emerging technologies, including collaborative robots, to improve efficiency and production cycles.Overview of the European Collaborative Robots Market
According to the European Automobile Manufacturers Association (ACEA), the European Union (EU) is responsible for 21% of global car production, with major manufacturers like BMW, Volkswagen, Audi, and Aston Martin leading the way. Germany stands out as the largest contributor to the automotive market in Europe, holding over 29% of the market share. The country is home to significant automotive manufacturers such as VW, BMW, Opel, Daimler AG, and Audi, producing more than 6 million passenger and commercial vehicles annually. The robust automotive sector, coupled with the rise of electric vehicle production, is expected to further drive the growth of the collaborative robots market in the region.A notable initiative in this field is the VALERI project, which focuses on the validation of advanced collaborative robots for industrial applications. This project is coordinated by the Fraunhofer Institute for Factory Operation and Automation (IFF) in Germany, in collaboration with industrial partners including FACC, IDPSA, and Airbus.
Market Segmentation Analysis
The Europe collaborative robots market is segmented based on various criteria, including payload, application, type, end-user industry, functionality, and country.1. Payload: The market is divided into three segments: up to 5 kg, 5-10 kg, and above 10 kg. The 5-10 kg segment held the largest share in 2023.
2. Application: Key applications include assembly, pick and place, material handling, quality testing, machine tending, welding, packaging, and others. The assembly application dominated the market in 2023.
3. Type: The market is categorized into robotic arms, welding guns, grippers, and other types. The robotic arm segment was the largest in terms of market share in 2023.
4. End-User Industry: The collaborative robots market serves various industries, including automotive, electronics, metal and machinery, food and beverage, logistics, pharmaceuticals, and others. The automotive sector was the leading segment in 2023.
5. Functionality: The market is divided into static robots and mobile robots, with static robots holding a larger market share in 2023.
6. Country: The market is segmented by country, including Germany, Italy, France, the UK, Russia, and the Rest of Europe. Germany was the dominant player in the collaborative robots market in 2023.
Key Players in the Market
Several prominent companies are active in the European collaborative robots market, including:
- ABB Ltd
- Agile Robot SE
- Aubo (Beijing) Robotics Technology Co Ltd
- Azenta, Inc.
- Bosch Rexroth AG
- Comau SpA
- Denso Corp
- Doosan Robotics Inc
- ESTUN AUTOMATION CO., LTD
- Fanuc Corp
- Kawasaki Heavy Industries Ltd
- Kuka AG
- OMRON Corp
- Productive Robotics, LLC
- Rethink Robotics GmbH
- SIASUN Robot & Automation CO., LTD
- Svaya Robotics Pvt. Ltd.
- Techman Robot Inc
- Teradyne Inc
- Yaskawa America Inc
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe collaborative robots market.
- Highlights key business priorities to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe collaborative robots market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe collaborative robots market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Europe Collaborative Robots Market Landscape
5. Europe Collaborative Robots Market - Key Market Dynamics
6. Europe Collaborative Robots Market - Analysis
7. Europe Collaborative Robots Market Analysis - by Payload
8. Europe Collaborative Robots Market Analysis - by Application
9. Europe Collaborative Robots Market Analysis - by Type
10. Europe Collaborative Robots Market Analysis - by End-user Industry
11. Europe Collaborative Robots Market Analysis - by Functionality
12. Europe Collaborative Robots Market - Country Analysis
13. Competitive Landscape
14. Industry Landscape
15. Company Profiles
16. Appendix
List of Tables
List of Figures
Companies Mentioned
Some of the leading companies in the Europe Collaborative Robots Market include:
- ABB Ltd
- Agile Robot SE
- Aubo (Beijing) Robotics Technology Co Ltd
- Azenta, Inc.
- Bosch Rexroth AG
- Comau SpA
- Denso Corp
- Doosan Robotics Inc
- ESTUN AUTOMATION CO., LTD
- Fanuc Corp
- Kawasaki Heavy Industries Ltd
- Kuka AG
- OMRON Corp
- Productive Robotics, LLC
- Rethink Robotics GmbH
- SIASUN Robot & Automation CO., Ltd
- Svaya Robotics Pvt. Ltd.
- Techman Robot Inc
- Teradyne Inc
- Yaskawa America Inc
