Europe Humanoid Robot Market Size & Outlook, 2023-2030

The humanoid robot market in Europe is expected to reach a projected revenue of US$ 644.2 million by 2030. A compound annual growth rate of 15.6% is expected of Europe humanoid robot market from 2024 to 2030.
Revenue, 2023 (US$M)
$233.0
Forecast, 2030 (US$M)
$644.2
CAGR, 2024 - 2030
15.6%
Report Coverage
Europe

Europe humanoid robot market highlights

  • The Europe humanoid robot market generated a revenue of USD 233.0 million in 2023.
  • The market is expected to grow at a CAGR of 15.6% 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, Italy is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 233.0 million
Market revenue in 2030USD 644.2 million
Growth rate15.6% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software
Key market players worldwideHyulim Robot, Hanson Robotics, Engineered Arts, Honda Motor Co Ltd, Kawada Robotics, SoftBank Group Corp, Robotis, Willow Garage, Toshiba Corporation


Other key industry trends

  • In terms of revenue, Europe region accounted for 17.6% of the global humanoid 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 922.2 million by 2030.

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Humanoid Robot Market Companies

Name Profile # Employees HQ Website

Europe humanoid robot 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 humanoid robot market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 69.53% in 2023. Horizon Databook has segmented the Europe humanoid robot market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe humanoid robot market, including forecasts for subscribers. This continent databook contains high-level insights into Europe humanoid robot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe humanoid robot market report size, by country, 2018-2030 (US$M)

Europe Humanoid Robot Market Share, 2023 & 2030 (US$M)

Europe humanoid robot market report size, by country, 2018-2030 (US$M)

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