Market revenue in 2023 | USD 308.2 million |
Market revenue in 2030 | USD 1,008.8 million |
Growth rate | 18.5% (CAGR from 2023 to 2030) |
Largest segment | Mobile robots |
Fastest growing segment | Cartesian Robots |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Mobile Robots, Articulated Robots, Cylindrical Robots, Scara Robots, Parallel Robots, Cartesian Robots |
Key market players worldwide | ABB Ltd, Toyota Industries Corp, Daifuku Co Ltd, KION GROUP AG, Zebra Technologies Corp Class A, Honeywell International Inc, KNAPP AG, OMRON Corp, YASKAWA Electric Corp, Fanuc Corp, KUKA Robotics |
Mobile robots was the largest segment with a revenue share of 31.15% in 2023. Horizon Databook has segmented the Germany warehouse robotics market based on mobile robots, articulated robots, cylindrical robots, scara robots, parallel robots, cartesian robots covering the revenue growth of each sub-segment from 2018 to 2030.
Since the past decade, interconnected machines, autonomous mobile robots, and state-of-the-art automated guided vehicles have been revolutionizing German factories. In addition, according to the International Federation of Robotics, Germany is the largest user of industrial robots in Europe.
Such factors are major contributors to the German warehouse robotics market growth. In addition, the lack of skilled labor and continuous industrialization trend fueling the growth of the warehouse robotics market.
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