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globalreportsinsights Β· 6 days ago
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πŸ€– Europe Industrial Robots Market Poised for Explosive Growth – $18.27 Billion by 2032! πŸš€
πŸ“Š The Europe industrial robots market, second only to Asia-Pacific, is set for a massive surge – from USD 5.84 billion in 2024 to USD 18.27 billion by 2032, growing at the highest CAGR of 15.7% globally! πŸŒπŸ’Ό
Europe’s automation revolution is driven by booming industries: automotive πŸš—, food & beverages 🍽️, chemicals βš—οΈ, and a rapidly evolving e-commerce ecosystem πŸ“¦. Countries like Germany and Italy are leading the robotic charge, thanks to robust manufacturing infrastructures and high industrial automation demand.
πŸ’₯ Market Growth Catalysts:
πŸ“ˆ Automotive sector dominance in Germany (38% of Europe’s robot usage)
πŸ“¦ 13% YoY growth in Europe’s e-commerce (2021–2022)
🏭 Need for precision, speed & cost-efficiency in industrial operations
βš™οΈ By Robot Type:
Articulated
SCARA
Cylindrical
Cartesian/Linear
Parallel
Others
πŸ”§ By Application:
Pick & Place
Welding & Soldering
Material Handling
Assembling
Cutting & Processing
Others
🏭 By Industry:
Automotive
Electrical & Electronics
Healthcare & Pharmaceutical
Food & Beverages
Rubber & Plastic
Metals & Machinery
Others
πŸ† Top Companies in Europe:
KUKA AG (Germany)
ABB (Switzerland)
Universal Robots (Japan)
Rethink Robotics GmbH (Germany)
Schunk GmbH & Co. KG (Germany)
Staubli Intl. AG (Japan)
Compau SpA (Italy)
TM Robotics (U.K.)
Fanuc Corporation (Japan)
Artiminds Robotics GmbH (Germany)
πŸ” Key Industry Developments:
Nov 2022: KUKA AG launched KR 3 D1200 for food, electronics & medical industries.
Oct 2022: ABB introduced IRB 1010, a small robot with 20% energy savings.
🟒 Europe is rapidly becoming the innovation hub for industrial robotics adoption.
πŸ“Œ Don’t Miss the Full Report: πŸ”— https://www.fortunebusinessinsights.com/europe-industrial-robots-market-108628
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