Europe Articulated Robot Market Size & Outlook, 2023-2030
The articulated robot market in Europe is expected to reach a projected revenue of US$ 18,061.3 million by 2030. A compound annual growth rate of 13.3% is expected of Europe articulated robot market from 2024 to 2030.
Revenue, 2023 (US$M)
$7,548.4
Forecast, 2030 (US$M)
$18,061.3
CAGR, 2024 - 2030
13.3%
Report Coverage
Europe
Europe articulated robot market, 2018-2030 (US$M)
Europe articulated robot market highlights
- The Europe articulated robot market generated a revenue of USD 7,548.4 million in 2023.
- The market is expected to grow at a CAGR of 13.3% from 2024 to 2030.
- In terms of segment, handling was the largest revenue generating application in 2023.
- Handling is the most lucrative application segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 7,548.4 million |
| Market revenue in 2030 | USD 18,061.3 million |
| Growth rate | 13.3% (CAGR from 2023 to 2030) |
| Largest segment | Handling |
| Fastest growing segment | Handling |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Handling |
| Key market players worldwide | ABB Ltd, Comau, Fanuc Corp, Kawasaki Heavy Industries Ltd, KUKA Robotics, Mitsubishi Electric Corp, OMRON Corp, Seiko Epson Corp, Staubli, YASKAWA Electric Corp |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.8% of the global articulated robot market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 19,366.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Articulated Robot Market Scope
Articulated robot market segmentation & scope
End Use
Automotive
Electrical and Electronics
Metal and Machinery
Transportation and Logistics
Chemical
Food
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Articulated Robot Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe articulated robot market
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
