Europe Industrial Robotics Market 2024-2033 by Subsystem (Robot Machines, Software, Peripherals & System Engineering), Robot Type, Application, Component, Configuration (Mounted, Mobile, Cobots), Payload, Industry Vertical, and Country: Trend Forecast and Growth Opportunity
- Report ID: 65384
- Date: May, 2024
- Pages: 209
- Category: Machinery & Equipment
Europe industrial robotics market was valued at $ 12,710 million in 2022 and will grow by 10.4% annually over 2024-2033, driven by the emerging Industry 4.0, a large scope for AI innovation, an increasing adoption of advanced industrial robotics to improve the productivity and safety in manufacturing sectors.
Highlighted with 43 tables and 108 figures, this 209-page report “Europe Industrial Robotics Market 2024-2032 by Subsystem (Robot Machines, Software, Peripherals & System Engineering), Robot Type, Application, Component, Configuration (Mounted, Mobile, Cobots), Payload, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe industrial robotics 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 industrial robotics market in every aspect of the classification from perspectives of Subsystem, Robot Type, Application, Component, Configuration, Payload, Industry Vertical, and Country.
Based on Subsystem, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Robot Machines
• Software
• Peripherals & System Engineering
Based on Robot Type, 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.
• Articulated Robots
• Cartesian/Linear/Gantry Robots
• SCARA Robots
• Cylindrical Robots
• Delta/Parallel Robots
• Collaborative Robots
• Other Robot Types
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.
• Soldering & Welding
• Material Handling
• Assembling & Disassembling
• Painting & Dispensing
• Milling & Grinding
• Cutting & Processing
• Other Applications
By Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Robot Controller Unit
• Robotic Arm
• End Effector
• Drive
• Sensors
• Power Supply
• Motors
• Other Components
By Configuration, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• Mounted Robots
• Mobile Robots
• Cobots/Collaborative Robots
By Payload, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.
• < 20 KG
• 20-80 KG
• 80-300 KG
• 300-1000 KG
• 1000-3000 KG
• > 3000 KG
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
• Electrical & Electronics
• Metal & Machinery
• Chemicals, Rubber & Plastics
• Medical & Pharmaceutical
• Food & Agriculture
• 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 Robot Type, 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.
Adept Technology Inc.
Comau S.p.A
Daihen Corp.
Denso Wave Inc.
Ellison Technologies Inc.
Epson Robotics
Fanuc Corp.
Genmark Automation, Inc.
Kawasaki Robotics Inc.
Mitsubishi Electric Corp.
Nachi Fujikoshi Corp.
Panasonic Corporation (Activelink)
Pari Robotics
Rethink Robotics, Inc.
Robert Bosch GmbH
Rockwell Automation Inc.
Schunk GmbH
Staubli International AG
Toshiba Machine Co., Ltd.
Universal Robots
Yamaha Robotics
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 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 25
2.1.2 Impact of COVID-19 on the Market 28
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 30
2.2 Major Growth Drivers 34
2.3 Market Restraints and Challenges 39
2.4 Emerging Opportunities and Market Trends 42
2.5 Porter’s Fiver Forces Analysis 46
3 Segmentation of Europe Market by Subsystem 50
3.1 Market Overview by Subsystem 50
3.2 Robot Machines 52
3.3 Software 53
3.4 Peripherals & System Engineering 54
4 Segmentation of Europe Market by Robot Type 55
4.1 Market Overview by Robot Type 55
4.2 Articulated Robots 59
4.3 Cartesian/Linear/Gantry Robots 61
4.4 SCARA Robots 63
4.5 Cylindrical Robots 65
4.6 Delta/Parallel Robots 67
4.7 Collaborative Robots 69
4.8 Other Robot Types 71
5 Segmentation of Europe Market by Application 73
5.1 Market Overview by Application 73
5.2 Soldering & Welding 77
5.3 Material Handling 79
5.4 Assembling & Disassembling 81
5.5 Painting & Dispensing 83
5.6 Milling & Grinding 85
5.7 Cutting & Processing 87
5.8 Other Applications 89
6 Segmentation of Europe Market by Component 91
6.1 Market Overview by Component 91
6.2 Robot Controller Unit 93
6.3 Robotic Arm 94
6.4 End Effector 95
6.5 Drive 96
6.6 Sensors 97
6.7 Power Supply 98
6.8 Motors 99
6.9 Other Components 100
7 Segmentation of Europe Market by Configuration 101
7.1 Market Overview by Configuration 101
7.2 Mounted Robots 103
7.3 Mobile Robots 104
7.4 Cobots/Collaborative Robots 105
8 Segmentation of Europe Market by Payload 106
8.1 Market Overview by Payload 106
8.2 < 20 KG 108
8.3 20-80 KG 109
8.4 80-300 KG 110
8.5 300-1000 KG 111
8.6 1000-3000 KG 112
8.7 > 3000 KG 113
9 Segmentation of Europe Market by Industry Vertical 114
9.1 Market Overview by Industry Vertical 114
9.2 Automotive 119
9.3 Electrical & Electronics 121
9.4 Metal & Machinery 123
9.5 Chemicals, Rubber & Plastics 125
9.6 Medical & Pharmaceutical 127
9.7 Food & Agriculture 129
9.8 Other Industry Verticals 131
10 European Market 2022-2032 by Country 133
10.1 Overview of European Market 133
10.2 Germany 138
10.3 U.K. 141
10.4 France 144
10.5 Spain 147
10.6 Italy 150
10.7 Russia 153
10.8 Rest of European Market 156
11 Competitive Landscape 158
11.1 Overview of Key Vendors 158
11.2 New Product Launch, Partnership, Investment, and M&A 162
11.3 Company Profiles 169
ABB Ltd. 169
Adept Technology Inc. 171
Comau S.p.A 173
Daihen Corp. 174
Denso Wave Inc. 175
Ellison Technologies Inc. 177
Epson Robotics 178
Fanuc Corp. 180
Genmark Automation, Inc. 182
Kawasaki Robotics Inc. 183
Mitsubishi Electric Corp. 184
Nachi Fujikoshi Corp. 188
Panasonic Corporation (Activelink) 189
Pari Robotics 191
Rethink Robotics, Inc. 192
Robert Bosch GmbH 195
Rockwell Automation Inc. 196
Schunk GmbH 200
Staubli International AG 201
Toshiba Machine Co., Ltd. 202
Universal Robots 204
Yamaha Robotics 205
Yaskawa Electric Corp. 206
RELATED REPORTS 209
List of Tables
List of Tables:
Table 1. Snapshot of Europe Industrial Robotics Market in Balanced Perspective, 2022-2032 19
Table 2. World Economic Outlook, 2021-2031 26
Table 3. World Economic Outlook, 2021-2023 27
Table 4. Scenarios for Economic Impact of Ukraine Crisis 31
Table 5. Main Product Trends and Market Opportunities in Europe Industrial Robotics Market 42
Table 6. Europe Industrial Robotics Market by Subsystem, 2022-2032, $ mn 50
Table 7. Europe Industrial Robotics Market by Robot Type, 2022-2032, $ mn 55
Table 8. Europe Industrial Robotics Market by Robot Type, 2022-2032, thousand units 57
Table 9. Europe Industrial Robotics Market by Application, 2022-2032, $ mn 73
Table 10. Europe Industrial Robotics Market by Application, 2022-2032, thousand units 75
Table 11. Europe Industrial Robotics Market by Component, 2022-2032, $ mn 91
Table 12. Europe Industrial Robotics Market by Configuration, 2022-2032, $ mn 101
Table 13. Europe Industrial Robotics Market by Payload, 2022-2032, $ mn 106
Table 14. Europe Industrial Robotics Market by Industry Vertical, 2022-2032, $ mn 114
Table 15. Europe Industrial Robotics Market by Industry Vertical, 2022-2032, thousand units 117
Table 16. Europe Industrial Robotics Market by Country, 2022-2032, $ mn 135
Table 17. Europe Industrial Robotics Market by Country, 2022-2032, thousand units 137
Table 18. Germany Industrial Robotics Market by Robot Type, 2022-2032, $ mn 139
Table 19. Germany Industrial Robotics Market by Application, 2022-2032, $ mn 139
Table 20. Germany Industrial Robotics Market by Industry Vertical, 2022-2032, $ mn 140
Table 21. U.K. Industrial Robotics Market by Robot Type, 2022-2032, $ mn 142
Table 22. U.K. Industrial Robotics Market by Application, 2022-2032, $ mn 142
Table 23. U.K. Industrial Robotics Market by Industry Vertical, 2022-2032, $ mn 143
Table 24. France Industrial Robotics Market by Robot Type, 2022-2032, $ mn 145
Table 25. France Industrial Robotics Market by Application, 2022-2032, $ mn 145
Table 26. France Industrial Robotics Market by Industry Vertical, 2022-2032, $ mn 146
Table 27. Spain Industrial Robotics Market by Robot Type, 2022-2032, $ mn 148
Table 28. Spain Industrial Robotics Market by Application, 2022-2032, $ mn 148
Table 29. Spain Industrial Robotics Market by Industry Vertical, 2022-2032, $ mn 149
Table 30. Italy Industrial Robotics Market by Robot Type, 2022-2032, $ mn 151
Table 31. Italy Industrial Robotics Market by Application, 2022-2032, $ mn 151
Table 32. Italy Industrial Robotics Market by Industry Vertical, 2022-2032, $ mn 152
Table 33. Russia Industrial Robotics Market by Robot Type, 2022-2032, $ mn 154
Table 34. Russia Industrial Robotics Market by Application, 2022-2032, $ mn 154
Table 35. Russia Industrial Robotics Market by Industry Vertical, 2022-2032, $ mn 155
Table 36. Industrial Robotics Market in Rest of Europe by Country, 2022-2032, $ mn 157
Table 37. Breakdown of World Market by Key Vendor, 2022, % 160
Table 38. Partnerships & Agreements 163
Table 39. Business Expansion & Acquisitions 164
Table 40. Product Launches & Developments 165
Table 41. ABB Ltd.: Company Snapshot 169
Table 42. ABB Ltd.: Business Segmentation 170
Table 43. ABB Ltd.: Product Portfolio 170
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 18
Figure 4. Europe Industrial Robotics Market by Revenue, 2022-2032, $ mn 22
Figure 5. Europe Industrial Robotics Market by Shipment, 2022-2032, thousand units 23
Figure 6. Europe Industrial Robotics Market by Installation Base, 2022-2032, million units 24
Figure 7. Impact of COVID-19 on Business 28
Figure 8. Primary Drivers and Impact Factors of Europe Industrial Robotics Market 34
Figure 9. World Vehicle Production by Car Type, 2019-2030, million units 37
Figure 10. World Electrical & Electronics Industry, 2019-2030, $ trillion 37
Figure 11. World Smart Factory Market, 2019-2026, $ mn 38
Figure 12. Primary Restraints and Impact Factors of Europe Industrial Robotics Market 39
Figure 13. Investment Opportunity Analysis 43
Figure 14. Porter’s Fiver Forces Analysis of Europe Industrial Robotics Market 46
Figure 15. Breakdown of Europe Industrial Robotics Market by Subsystem, 2022-2032, % of Revenue 51
Figure 16. Europe Addressable Market Cap in 2023-2032 by Subsystem, Value ($ mn) and Share (%) 51
Figure 17. Europe Industrial Robotics Market by Subsystem: Robot Machines, 2022-2032, $ mn 52
Figure 18. Europe Industrial Robotics Market by Subsystem: Software, 2022-2032, $ mn 53
Figure 19. Europe Industrial Robotics Market by Subsystem: Peripherals & System Engineering, 2022-2032, $ mn 54
Figure 20. Breakdown of Europe Industrial Robotics Market by Robot Type, 2022-2032, % of Sales Revenue 56
Figure 21. Europe Addressable Market Cap in 2023-2032 by Robot Type, Value ($ mn) and Share (%) 56
Figure 22. Breakdown of Europe Industrial Robotics Market by Robot Type, 2022-2032, % of Shipment 58
Figure 23. Europe Addressable Market Cap in 2023-2032 by Robot Type, Shipment (thousand units) and Share (%) 58
Figure 24. Europe Industrial Robotics Market by Robot Type: Articulated Robots, 2022-2032, $ mn 59
Figure 25. Europe Industrial Robotics Market by Robot Type: Articulated Robots, 2022-2032, thousand units 60
Figure 26. Europe Industrial Robotics Market by Robot Type: Cartesian/Linear/Gantry Robots, 2022-2032, $ mn 61
Figure 27. Europe Industrial Robotics Market by Robot Type: Cartesian/Linear/Gantry Robots, 2022-2032, thousand units 62
Figure 28. Europe Industrial Robotics Market by Robot Type: SCARA Robots, 2022-2032, $ mn 63
Figure 29. Europe Industrial Robotics Market by Robot Type: SCARA Robots, 2022-2032, thousand units 64
Figure 30. Europe Industrial Robotics Market by Robot Type: Cylindrical Robots, 2022-2032, $ mn 65
Figure 31. Europe Industrial Robotics Market by Robot Type: Cylindrical Robots, 2022-2032, thousand units 66
Figure 32. Europe Industrial Robotics Market by Robot Type: Delta/Parallel Robots, 2022-2032, $ mn 67
Figure 33. Europe Industrial Robotics Market by Robot Type: Delta/Parallel Robots, 2022-2032, thousand units 68
Figure 34. Europe Industrial Robotics Market by Robot Type: Collaborative Robots, 2022-2032, $ mn 69
Figure 35. Europe Industrial Robotics Market by Robot Type: Collaborative Robots, 2022-2032, thousand units 70
Figure 36. Europe Industrial Robotics Market by Robot Type: Other Robot Types, 2022-2032, $ mn 71
Figure 37. Europe Industrial Robotics Market by Robot Type: Other Robot Types, 2022-2032, thousand units 72
Figure 38. Breakdown of Europe Industrial Robotics Market by Application, 2022-2032, % of Sales Revenue 74
Figure 39. Europe Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 74
Figure 40. Breakdown of Europe Industrial Robotics Market by Application, 2022-2032, % of Shipment 76
Figure 41. Europe Addressable Market Cap in 2023-2032 by Application, Shipment (thousand units) and Share (%) 76
Figure 42. Europe Industrial Robotics Market by Application: Soldering & Welding, 2022-2032, $ mn 77
Figure 43. Europe Industrial Robotics Market by Application: Soldering & Welding, 2022-2032, thousand units 78
Figure 44. Europe Industrial Robotics Market by Application: Material Handling, 2022-2032, $ mn 79
Figure 45. Europe Industrial Robotics Market by Application: Material Handling, 2022-2032, thousand units 80
Figure 46. Europe Industrial Robotics Market by Application: Assembling & Disassembling, 2022-2032, $ mn 81
Figure 47. Europe Industrial Robotics Market by Application: Assembling & Disassembling, 2022-2032, thousand units 82
Figure 48. Europe Industrial Robotics Market by Application: Painting & Dispensing, 2022-2032, $ mn 83
Figure 49. Europe Industrial Robotics Market by Application: Painting & Dispensing, 2022-2032, thousand units 84
Figure 50. Europe Industrial Robotics Market by Application: Milling & Grinding, 2022-2032, $ mn 85
Figure 51. Europe Industrial Robotics Market by Application: Milling & Grinding, 2022-2032, thousand units 86
Figure 52. Europe Industrial Robotics Market by Application: Cutting & Processing, 2022-2032, $ mn 87
Figure 53. Europe Industrial Robotics Market by Application: Cutting & Processing, 2022-2032, thousand units 88
Figure 54. Europe Industrial Robotics Market by Application: Other Applications, 2022-2032, $ mn 89
Figure 55. Europe Industrial Robotics Market by Application: Other Applications, 2022-2032, thousand units 90
Figure 56. Breakdown of Europe Industrial Robotics Market by Component, 2022-2032, % of Revenue 92
Figure 57. Europe Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 92
Figure 58. Europe Industrial Robotics Market by Component: Robot Controller Unit, 2022-2032, $ mn 93
Figure 59. Europe Industrial Robotics Market by Component: Robotic Arm, 2022-2032, $ mn 94
Figure 60. Europe Industrial Robotics Market by Component: End Effector, 2022-2032, $ mn 95
Figure 61. Europe Industrial Robotics Market by Component: Drive, 2022-2032, $ mn 96
Figure 62. Europe Industrial Robotics Market by Component: Sensors, 2022-2032, $ mn 97
Figure 63. Europe Industrial Robotics Market by Component: Power Supply, 2022-2032, $ mn 98
Figure 64. Europe Industrial Robotics Market by Component: Motors, 2022-2032, $ mn 99
Figure 65. Europe Industrial Robotics Market by Component: Other Components, 2022-2032, $ mn 100
Figure 66. Breakdown of Europe Industrial Robotics Market by Configuration, 2022-2032, % of Revenue 102
Figure 67. Europe Addressable Market Cap in 2023-2032 by Configuration, Value ($ mn) and Share (%) 102
Figure 68. Europe Industrial Robotics Market by Configuration: Mounted Robots, 2022-2032, $ mn 103
Figure 69. Europe Industrial Robotics Market by Configuration: Mobile Robots, 2022-2032, $ mn 104
Figure 70. Europe Industrial Robotics Market by Configuration: Cobots/Collaborative Robots, 2022-2032, $ mn 105
Figure 71. Breakdown of Europe Industrial Robotics Market by Payload, 2022-2032, % of Revenue 106
Figure 72. Europe Addressable Market Cap in 2023-2032 by Payload, Value ($ mn) and Share (%) 107
Figure 73. Europe Industrial Robotics Market by Payload: < 20 KG, 2022-2032, $ mn 108
Figure 74. Europe Industrial Robotics Market by Payload: 20-80 KG, 2022-2032, $ mn 109
Figure 75. Europe Industrial Robotics Market by Payload: 80-300 KG, 2022-2032, $ mn 110
Figure 76. Europe Industrial Robotics Market by Payload: 300-1000 KG, 2022-2032, $ mn 111
Figure 77. Europe Industrial Robotics Market by Payload: 1000-3000 KG, 2022-2032, $ mn 112
Figure 78. Europe Industrial Robotics Market by Payload: > 3000 KG, 2022-2032, $ mn 113
Figure 79. Breakdown of Europe Industrial Robotics Market by Industry Vertical, 2022-2032, % of Revenue 114
Figure 80. Europe Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%) 115
Figure 81. Breakdown of Europe Industrial Robotics Market by Industry Vertical, 2022-2032, % of Shipment 117
Figure 82. Europe Addressable Market Cap in 2023-2032 by Industry Vertical, Shipment (thousand units) and Share (%) 118
Figure 83. Europe Industrial Robotics Market by Industry Vertical: Automotive, 2022-2032, $ mn 119
Figure 84. Europe Industrial Robotics Market by Industry Vertical: Automotive, 2022-2032, thousand units 120
Figure 85. Europe Industrial Robotics Market by Industry Vertical: Electrical & Electronics, 2022-2032, $ mn 121
Figure 86. Europe Industrial Robotics Market by Industry Vertical: Electrical & Electronics, 2022-2032, thousand units 122
Figure 87. Europe Industrial Robotics Market by Industry Vertical: Metal & Machinery, 2022-2032, $ mn 123
Figure 88. Europe Industrial Robotics Market by Industry Vertical: Metal & Machinery, 2022-2032, thousand units 124
Figure 89. Europe Industrial Robotics Market by Industry Vertical: Chemicals, Rubber & Plastics, 2022-2032, $ mn 125
Figure 90. Europe Industrial Robotics Market by Industry Vertical: Chemicals, Rubber & Plastics, 2022-2032, thousand units 126
Figure 91. Europe Industrial Robotics Market by Industry Vertical: Medical & Pharmaceutical, 2022-2032, $ mn 127
Figure 92. Europe Industrial Robotics Market by Industry Vertical: Medical & Pharmaceutical, 2022-2032, thousand units 128
Figure 93. Europe Industrial Robotics Market by Industry Vertical: Food & Agriculture, 2022-2032, $ mn 129
Figure 94. Europe Industrial Robotics Market by Industry Vertical: Food & Agriculture, 2022-2032, thousand units 130
Figure 95. Europe Industrial Robotics Market by Industry Vertical: Other Industry Verticals, 2022-2032, $ mn 131
Figure 96. Europe Industrial Robotics Market by Industry Vertical: Other Industry Verticals, 2022-2032, thousand units 132
Figure 97. Breakdown of European Industrial Robotics Market by Country, 2022 and 2032, % of Revenue 134
Figure 98. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 135
Figure 99. Breakdown of European Industrial Robotics Market by Country, 2022 and 2032, % of Shipment 136
Figure 100. Contribution to Europe 2023-2032 Cumulative Market by Country, Shipment (thousand units) and Share (%) 137
Figure 101. Industrial Robotics Market in Germany, 2022-2032, $ mn 138
Figure 102. Industrial Robotics Market in U.K., 2022-2032, $ mn 141
Figure 103. Industrial Robotics Market in France, 2022-2032, $ mn 144
Figure 104. Industrial Robotics Market in Spain, 2022-2032, $ mn 147
Figure 105. Industrial Robotics Market in Italy, 2022-2032, $ mn 150
Figure 106. Industrial Robotics Market in Russia, 2022-2032, $ mn 153
Figure 107. Industrial Robotics Market in Rest of Europe, 2022-2032, $ mn 156
Figure 108. Growth Stage of Europe Industrial Robotics Industry over the Forecast Period 158
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.