Europe Autonomous Mobile Robots Market Size & Outlook
Europe autonomous mobile robots market, 2017-2030 (US$M)
Related Markets
Europe autonomous mobile robots market highlights
- The Europe autonomous mobile robots market generated a revenue of USD 1,018.5 million in 2023.
- The market is expected to grow at a CAGR of 13.5% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,018.5 million |
| Market revenue in 2030 | USD 2,467.4 million |
| Growth rate | 13.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Service |
| Key market players worldwide | ABB Ltd, Rockwell Automation Inc, Teradyne Inc, Hyundai Motor Co, Bleum, GreyOrange, Harvest Automation, Onward Robotics, inVia Robotics, KUKA Robotics |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.2% of the global autonomous mobile robots market in 2023.
- Globally, Asia Pacific 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 3,117.8 million by 2030.
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Autonomous Mobile Robots Market Scope
Autonomous Mobile Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe autonomous mobile robots market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to autonomous mobile robots market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 69.2% in 2023. Horizon Databook has segmented the Europe autonomous mobile robots market based on hardware, software, service covering the revenue growth of each sub-segment from 2017 to 2030.
Autonomous mobile robots are gaining momentum in Europe due to the increasing demand in the manufacturing industry. The need for efficient and automated manufacturing, warehousing, and logistics processes has led to a growing demand for mobile robot solutions that streamline operations, increase productivity, and reduce costs.
Further, sustainability is also driving the adoption of mobile robots in Europe. By reducing waste, energy consumption, and carbon emissions, automated systems can help companies meet their sustainability goals leading to more sustainable and eco-friendly operations.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe autonomous mobile robots market , including forecasts for subscribers. This continent databook contains high-level insights into Europe autonomous mobile robots market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe autonomous mobile robots market size, by country, 2017-2030 (US$M)
Europe Autonomous Mobile Robots Market Outlook Share, 2023 & 2030 (US$M)
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