Italy Industrial Robotics Market Size & Outlook, 2023-2030
Italy industrial robotics market, 2018-2030 (US$M)
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Italy industrial robotics market highlights
- The Italy industrial robotics market generated a revenue of USD 919.3 million in 2023 and is expected to reach USD 1,655.0 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.8% 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 919.3 million |
| Market revenue in 2030 | USD 1,655.0 million |
| Growth rate | 8.8% (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, Italy accounted for 3.0% 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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Italy 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 25.33% in 2023. Horizon Databook has segmented the Italy 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 market for industrial robotics in Italy recorded a notable market share of 16.4% in 2023. The market strength of the region is attributed to the strong automotive industry in the region which faces high demand regularly.
Moreover, the trend of automation in factory processes to increase output and reduce labor dependence is expected to further drive the growth of the market. Additionally, as the country is a member of the European Union, it follows the European Commission’s regulations for industrial robotics which includes safety and operational norms.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy industrial robotics market , including forecasts for subscribers. This country databook contains high-level insights into Italy industrial robotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy industrial robotics market size, by end use, 2018-2030 (US$M)
Italy Industrial Robotics Market Outlook Share, 2023 & 2030 (US$M)
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