UK Industrial Robotics Market Size & Outlook, 2023-2030
UK industrial robotics market, 2018-2030 (US$M)
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UK industrial robotics market highlights
- The UK industrial robotics market generated a revenue of USD 693.4 million in 2023 and is expected to reach USD 1,085.9 million by 2030.
- The UK market is expected to grow at a CAGR of 6.6% 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 693.4 million |
| Market revenue in 2030 | USD 1,085.9 million |
| Growth rate | 6.6% (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, UK accounted for 2.3% 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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UK 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 25.34% in 2023. Horizon Databook has segmented the UK 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 U.K. industrial robotics market recorded a significant 12.3% share in 2023. The growth is attributed to the increasing inclination of the domestic industries to adopt robotic solutions and automation. Moreover, collaboration between companies is anticipated to be a driving factor for the market growth due to increased opportunities.
For instance, in November 2022, Applied Automation UK entered into a distribution contract with Spin Robotics to be the sole distributor of its collaborative robots in the country. Moreover, the growing concerns around safety of workers at the industrial site is expected to increase the adoption of robots in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK industrial robotics market , including forecasts for subscribers. This country databook contains high-level insights into UK industrial robotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK industrial robotics market size, by end use, 2018-2030 (US$M)
UK Industrial Robotics Market Outlook Share, 2023 & 2030 (US$M)
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