Europe Collaborative Robots Market 2024-2033 by Offering (Hardware, Software, Service), Payload (<5 KG, 5-10 KG, >10 KG), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity
- Report ID: 65403
- Date: May, 2024
- Pages: 175
- Category: Machinery & Equipment
Europe collaborative robots market was valued at $631.7 million in 2022 and will grow by 29.8% annually over 2024-2033, driven by the emerging Industry 4.0, a large scope for AI innovation, an increasing adoption of advanced cobots to improve the productivity and safety in manufacturing sectors.
Highlighted with 38 tables and 91 figures, this 175-page report “Europe Collaborative Robots Market 2024-2032 by Offering (Hardware, Software, Service), Payload (<5 KG, 5-10 KG, >10 KG), Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe collaborative robots market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides forecast from 2024 till 2033 with 2023 as the base year.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe collaborative robots market in every aspect of the classification from perspectives of Offering, Payload, Application, Industry Vertical, and Country.
Based on Offering, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Hardware
o Robotic Arms
o Drives
o Sensors
o Controllers
o End Effectors
o Actuators
o Other Hardware
• Software
• Services
Based on Payload, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2024-2033 included in each section.
• < 5 KG
• 5-10 KG
• >10 KG
By Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2024-2033 included in each section.
• Material Handling
• Machine Tending
• Assembly
• Molding Operation
• Inspection and Testing
• Packaging and Palletizing
• Welding and Gluing
• Polishing
• Screw Driving
• Other Applications
By Industry Vertical, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2024-2033 included in each section.
• Automotive Industry
• Electrical & Electronics
• Chemicals, Polymers & Plastics
• Pharmaceutical Industry
• Food and Beverage
• Aerospace and Defense
• Metal & Machinery
• Other Industry Verticals
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) and shipment (thousand units) are available for 2024-2033. The breakdown of national markets by Payload, Application, and Industry Vertical over the forecast years is also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
Aubo Robotics Inc.
Comau S.p.A
Denso Corporation
Fanuc Corp.
Kawada Robotics
KUKA (Midea Group)
Nachi Robotic Systems, Inc.
Precise Automation, Inc
Productive Robotics, Inc.
Rethink Robotics, Inc.
Robert Bosch GmbH
Seiko Epson Corporation (Epson Robotics)
Staubli International AG
Techman Robot
Universal Robots
Yaskawa Electric Corp.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 27
2.2 Major Growth Drivers 31
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter’s Fiver Forces Analysis 43
3 Segmentation of Europe Market by Offering 47
3.1 Market Overview by Offering 47
3.2 Hardware 49
3.2.1 Robotic Arms 51
3.2.2 Drives 52
3.2.3 Sensors 53
3.2.4 Controllers 54
3.2.5 End Effectors 55
3.2.6 Actuators 56
3.2.7 Other Hardware 57
3.3 Software 58
3.4 Services 59
4 Segmentation of Europe Market by Payload 60
4.1 Market Overview by Payload 60
4.2 < 5 KG 64
4.3 5-10 KG 66
4.4 > 10 KG 68
5 Segmentation of Europe Market by Application 70
5.1 Market Overview by Application 70
5.2 Material Handling 74
5.3 Machine Tending 76
5.4 Assembly 78
5.5 Molding Operation 80
5.6 Inspection and Testing 82
5.7 Packaging and Palletizing 84
5.8 Welding and Gluing 86
5.9 Polishing 88
5.10 Screw Driving 90
5.11 Other Applications 92
7 Segmentation of Europe Market by Industry Vertical 94
7.1 Market Overview by Industry Vertical 94
7.2 Automotive Industry 98
7.3 Electrical & Electronics 100
7.4 Chemicals, Polymers & Plastics 102
7.5 Pharmaceutical Industry 104
7.6 Food and Beverage 106
7.7 Aerospace and Defense 108
7.8 Metal & Machinery 110
7.9 Other Industry Verticals 112
8 European Market 2022-2032 by Country 114
8.1 Overview of European Market 114
8.2 Germany 119
8.3 U.K. 122
8.4 France 125
8.5 Spain 128
8.6 Italy 131
8.7 Russia 134
8.8 Rest of European Market 137
9 Competitive Landscape 139
9.1 Overview of Key Vendors 139
9.2 New Product Launch, Partnership, Investment, and M&A 143
9.3 Company Profiles 144
ABB Ltd. 144
Aubo Robotics Inc. 146
Comau S.p.A 147
Denso Corporation 149
Fanuc Corp. 151
Kawada Robotics 153
KUKA (Midea Group) 154
Nachi Robotic Systems, Inc. 157
Precise Automation, Inc 158
Productive Robotics, Inc. 159
Rethink Robotics, Inc. 160
Robert Bosch GmbH 163
Seiko Epson Corporation (Epson Robotics) 164
Staubli International AG 166
Techman Robot 168
Universal Robots 169
Yaskawa Electric Corp. 172
RELATED REPORTS 175
List of Tables
List of Tables:
Table 1. Snapshot of Europe Collaborative Robots Market in Balanced Perspective, 2022-2032 18
Table 2. World Economic Outlook, 2021-2031 23
Table 3. World Economic Outlook, 2021-2023 24
Table 4. Scenarios for Economic Impact of Ukraine Crisis 28
Table 5. Main Product Trends and Market Opportunities in Europe Collaborative Robots Market 39
Table 6. Europe Collaborative Robots Market by Offering, 2022-2032, $ mn 47
Table 7. Europe Collaborative Robots Market: Hardware by Type, 2022-2032, $ mn 50
Table 8. Europe Collaborative Robots Market by Payload, 2022-2032, $ mn 60
Table 9. Europe Collaborative Robots Market by Payload, 2022-2032, thousand units 62
Table 10. Europe Collaborative Robots Market by Application, 2022-2032, $ mn 70
Table 11. Europe Collaborative Robots Market by Application, 2022-2032, thousand units 72
Table 12. Europe Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 94
Table 13. Europe Collaborative Robots Market by Industry Vertical, 2022-2032, thousand units 96
Table 14. Europe Collaborative Robots Market by Country, 2022-2032, $ mn 116
Table 15. Europe Collaborative Robots Market by Country, 2022-2032, thousand units 118
Table 16. Germany Collaborative Robots Market by Payload, 2022-2032, $ mn 120
Table 17. Germany Collaborative Robots Market by Application, 2022-2032, $ mn 120
Table 18. Germany Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 121
Table 19. U.K. Collaborative Robots Market by Payload, 2022-2032, $ mn 123
Table 20. U.K. Collaborative Robots Market by Application, 2022-2032, $ mn 123
Table 21. U.K. Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 124
Table 22. France Collaborative Robots Market by Payload, 2022-2032, $ mn 126
Table 23. France Collaborative Robots Market by Application, 2022-2032, $ mn 126
Table 24. France Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 127
Table 25. Spain Collaborative Robots Market by Payload, 2022-2032, $ mn 129
Table 26. Spain Collaborative Robots Market by Application, 2022-2032, $ mn 129
Table 27. Spain Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 130
Table 28. Italy Collaborative Robots Market by Payload, 2022-2032, $ mn 132
Table 29. Italy Collaborative Robots Market by Application, 2022-2032, $ mn 132
Table 30. Italy Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 133
Table 31. Russia Collaborative Robots Market by Payload, 2022-2032, $ mn 135
Table 32. Russia Collaborative Robots Market by Application, 2022-2032, $ mn 135
Table 33. Russia Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 136
Table 34. Collaborative Robots Market in Rest of Europe by Country, 2022-2032, $ mn 138
Table 35. Major Cobots Provided by Leading Vendors 141
Table 36. ABB Ltd.: Company Snapshot 144
Table 37. ABB Ltd.: Business Segmentation 145
Table 38. ABB Ltd.: Product Portfolio 145
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17
Figure 4. Europe Collaborative Robots Market by Revenue, 2022-2032, $ mn 20
Figure 5. Europe Collaborative Robots Market by Shipment, 2022-2032, thousand units 21
Figure 6. Impact of COVID-19 on Business 25
Figure 7. Primary Drivers and Impact Factors of Europe Collaborative Robots Market 31
Figure 8. World Vehicle Production by Car Type, 2019-2030, million units 34
Figure 9. World Electrical & Electronics Industry, 2019-2030, $ trillion 34
Figure 10. World Smart Factory Market, 2019-2026, $ mn 35
Figure 11. Primary Restraints and Impact Factors of Europe Collaborative Robots Market 36
Figure 12. Investment Opportunity Analysis 40
Figure 13. Porter’s Fiver Forces Analysis of Europe Collaborative Robots Market 43
Figure 14. Breakdown of Europe Collaborative Robots Market by Offering, 2022-2032, % of Revenue 48
Figure 15. Europe Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 48
Figure 16. Europe Collaborative Robots Market by Offering: Hardware, 2022-2032, $ mn 49
Figure 17. Europe Collaborative Robots Market by Hardware: Robotic Arms, 2022-2032, $ mn 51
Figure 18. Europe Collaborative Robots Market by Hardware: Drives, 2022-2032, $ mn 52
Figure 19. Europe Collaborative Robots Market by Hardware: Sensors, 2022-2032, $ mn 53
Figure 20. Europe Collaborative Robots Market by Hardware: Controllers, 2022-2032, $ mn 54
Figure 21. Europe Collaborative Robots Market by Hardware: End Effectors, 2022-2032, $ mn 55
Figure 22. Europe Collaborative Robots Market by Hardware: Actuators, 2022-2032, $ mn 56
Figure 23. Europe Collaborative Robots Market by Hardware: Other Hardware, 2022-2032, $ mn 57
Figure 24. Europe Collaborative Robots Market by Offering: Software, 2022-2032, $ mn 58
Figure 25. Europe Collaborative Robots Market by Offering: Services, 2022-2032, $ mn 59
Figure 26. Breakdown of Europe Collaborative Robots Market by Payload, 2022-2032, % of Revenue 60
Figure 27. Europe Addressable Market Cap in 2023-2032 by Payload, Value ($ mn) and Share (%) 61
Figure 28. Breakdown of Europe Collaborative Robots Market by Payload, 2022-2032, % of Shipment 62
Figure 29. Europe Addressable Market Cap in 2023-2032 by Payload, Shipment (thousand units) and Share (%) 63
Figure 30. Europe Collaborative Robots Market by Payload: < 5 KG, 2022-2032, $ mn 64
Figure 31. Europe Collaborative Robots Market by Payload: < 5 KG, 2022-2032, thousand units 65
Figure 32. Europe Collaborative Robots Market by Payload: 5-10 KG, 2022-2032, $ mn 66
Figure 33. Europe Collaborative Robots Market by Payload: 5-10 KG, 2022-2032, thousand units 67
Figure 34. Europe Collaborative Robots Market by Payload: > 10 KG, 2022-2032, $ mn 68
Figure 35. Europe Collaborative Robots Market by Payload: > 10 KG, 2022-2032, thousand units 69
Figure 36. Breakdown of Europe Collaborative Robots Market by Application, 2022-2032, % of Sales Revenue 71
Figure 37. Europe Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 71
Figure 38. Breakdown of Europe Collaborative Robots Market by Application, 2022-2032, % of Shipment 73
Figure 39. Europe Addressable Market Cap in 2023-2032 by Application, Shipment (thousand units) and Share (%) 73
Figure 40. Europe Collaborative Robots Market by Application: Material Handling, 2022-2032, $ mn 74
Figure 41. Europe Collaborative Robots Market by Application: Material Handling, 2022-2032, thousand units 75
Figure 42. Europe Collaborative Robots Market by Application: Machine Tending, 2022-2032, $ mn 76
Figure 43. Europe Collaborative Robots Market by Application: Machine Tending, 2022-2032, thousand units 77
Figure 44. Europe Collaborative Robots Market by Application: Assembly, 2022-2032, $ mn 78
Figure 45. Europe Collaborative Robots Market by Application: Assembly, 2022-2032, thousand units 79
Figure 46. Europe Collaborative Robots Market by Application: Molding Operation, 2022-2032, $ mn 80
Figure 47. Europe Collaborative Robots Market by Application: Molding Operation, 2022-2032, thousand units 81
Figure 48. Europe Collaborative Robots Market by Application: Inspection and Testing, 2022-2032, $ mn 82
Figure 49. Europe Collaborative Robots Market by Application: Inspection and Testing, 2022-2032, thousand units 83
Figure 50. Europe Collaborative Robots Market by Application: Packaging and Palletizing, 2022-2032, $ mn 84
Figure 51. Europe Collaborative Robots Market by Application: Packaging and Palletizing, 2022-2032, thousand units 85
Figure 52. Europe Collaborative Robots Market by Application: Welding and Gluing, 2022-2032, $ mn 86
Figure 53. Europe Collaborative Robots Market by Application: Welding and Gluing, 2022-2032, thousand units 87
Figure 54. Europe Collaborative Robots Market by Application: Polishing, 2022-2032, $ mn 88
Figure 55. Europe Collaborative Robots Market by Application: Polishing, 2022-2032, thousand units 89
Figure 56. Europe Collaborative Robots Market by Application: Screw Driving, 2022-2032, $ mn 90
Figure 57. Europe Collaborative Robots Market by Application: Screw Driving, 2022-2032, thousand units 91
Figure 58. Europe Collaborative Robots Market by Application: Other Applications, 2022-2032, $ mn 92
Figure 59. Europe Collaborative Robots Market by Application: Other Applications, 2022-2032, thousand units 93
Figure 60. Breakdown of Europe Collaborative Robots Market by Industry Vertical, 2022-2032, % of Revenue 95
Figure 61. Europe Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%) 95
Figure 62. Breakdown of Europe Collaborative Robots Market by Industry Vertical, 2022-2032, % of Shipment 96
Figure 63. Europe Addressable Market Cap in 2023-2032 by Industry Vertical, Shipment (thousand units) and Share (%) 97
Figure 64. Europe Collaborative Robots Market by Industry Vertical: Automotive Industry, 2022-2032, $ mn 98
Figure 65. Europe Collaborative Robots Market by Industry Vertical: Automotive Industry, 2022-2032, thousand units 99
Figure 66. Europe Collaborative Robots Market by Industry Vertical: Electrical & Electronics, 2022-2032, $ mn 100
Figure 67. Europe Collaborative Robots Market by Industry Vertical: Electrical & Electronics, 2022-2032, thousand units 101
Figure 68. Europe Collaborative Robots Market by Industry Vertical: Chemicals, Polymers & Plastics, 2022-2032, $ mn 102
Figure 69. Europe Collaborative Robots Market by Industry Vertical: Chemicals, Polymers & Plastics, 2022-2032, thousand units 103
Figure 70. Europe Collaborative Robots Market by Industry Vertical: Pharmaceutical Industry, 2022-2032, $ mn 104
Figure 71. Europe Collaborative Robots Market by Industry Vertical: Pharmaceutical Industry, 2022-2032, thousand units 105
Figure 72. Europe Collaborative Robots Market by Industry Vertical: Food and Beverage, 2022-2032, $ mn 106
Figure 73. Europe Collaborative Robots Market by Industry Vertical: Food and Beverage, 2022-2032, thousand units 107
Figure 74. Europe Collaborative Robots Market by Industry Vertical: Aerospace and Defense, 2022-2032, $ mn 108
Figure 75. Europe Collaborative Robots Market by Industry Vertical: Aerospace and Defense, 2022-2032, thousand units 109
Figure 76. Europe Collaborative Robots Market by Industry Vertical: Metal & Machinery, 2022-2032, $ mn 110
Figure 77. Europe Collaborative Robots Market by Industry Vertical: Metal & Machinery, 2022-2032, thousand units 111
Figure 78. Europe Collaborative Robots Market by Industry Vertical: Other Industry Verticals, 2022-2032, $ mn 112
Figure 79. Europe Collaborative Robots Market by Industry Vertical: Other Industry Verticals, 2022-2032, thousand units 113
Figure 80. Breakdown of European Collaborative Robots Market by Country, 2022 and 2032, % of Revenue 115
Figure 81. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 116
Figure 82. Breakdown of European Collaborative Robots Market by Country, 2022 and 2032, % of Shipment 117
Figure 83. Contribution to Europe 2023-2032 Cumulative Market by Country, Shipment (thousand units) and Share (%) 118
Figure 84. Collaborative Robots Market in Germany, 2022-2032, $ mn 119
Figure 85. Collaborative Robots Market in U.K., 2022-2032, $ mn 122
Figure 86. Collaborative Robots Market in France, 2022-2032, $ mn 125
Figure 87. Collaborative Robots Market in Spain, 2022-2032, $ mn 128
Figure 88. Collaborative Robots Market in Italy, 2022-2032, $ mn 131
Figure 89. Collaborative Robots Market in Russia, 2022-2032, $ mn 134
Figure 90. Collaborative Robots Market in Rest of Europe, 2022-2032, $ mn 137
Figure 91. Growth Stage of Europe Collaborative Robots Industry over the Forecast Period 139
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
Clients
