Germany Industrial Robotics Market Size & Outlook
Germany industrial robotics market, 2018-2030 (US$M)
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Germany industrial robotics market highlights
- The Germany industrial robotics market generated a revenue of USD 1,522.2 million in 2023 and is expected to reach USD 2,661.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, electrical/electronics was the largest revenue generating end use in 2023.
- Chemical, Rubber, & Plastics is the most lucrative end use segment registering the fastest growth during the forecast period.
Industrial robotics market data book summary
| Market revenue in 2023 | USD 1,522.2 million |
| Market revenue in 2030 | USD 2,661.1 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Electrical/electronics |
| Fastest growing segment | Chemical, Rubber, & Plastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, Electrical/Electronics, Metal/Heavy Machinery, Chemical, Rubber, & Plastics, Food |
| Key market players worldwide | ABB Ltd, YASKAWA Electric Corp, Mitsubishi Electric Corp, KUKA Robotics, Fanuc Corp, Denso Corp, Kawasaki Heavy Industries Ltd, OMRON Corp, Nachi Fujikoshi, Stellantis NV |
Other key industry trends
- In terms of revenue, Germany accounted for 5.0% of the global industrial robotics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany industrial robotics market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 677.3 million by 2030.
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Industrial Robotics Market Scope
Industrial Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany industrial robotics 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 industrial robotics market will help companies and investors design strategic landscapes.
Electrical/electronics was the largest segment with a revenue share of 25.29% in 2023. Horizon Databook has segmented the Germany industrial robotics market based on automotive, electrical/electronics, metal/heavy machinery, chemical, rubber, & plastics, food covering the revenue growth of each sub-segment from 2018 to 2030.
The notable growth is attributed to the increasing government investments toward industrialization. The German government announced to allocate nearly USD 345 million spread over five years toward High-Tech Strategy 2025 (HTS), the fourth edition of the German R&D and innovation program.
According to the industry association VDMA, the Germany robotics and automation industry has witnessed a drastic rise in product demand in recent years.
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Our clientele includes a mix of industrial robotics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany industrial robotics market , including forecasts for subscribers. This country databook contains high-level insights into Germany industrial robotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany industrial robotics market size, by end use, 2018-2030 (US$M)
Germany Industrial Robotics Market Outlook Share, 2023 & 2030 (US$M)
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