Italy Warehouse Robotics Market Size & Outlook, 2023-2030
Italy warehouse robotics market, 2018-2030 (US$M)
Related Markets
Italy warehouse robotics market highlights
- The Italy warehouse robotics market generated a revenue of USD 104.2 million in 2023 and is expected to reach USD 366.3 million by 2030.
- The Italy market is expected to grow at a CAGR of 19.7% from 2024 to 2030.
- In terms of segment, mobile robots was the largest revenue generating product in 2023.
- Cartesian Robots is the most lucrative product segment registering the fastest growth during the forecast period.
Warehouse robotics market data book summary
| Market revenue in 2023 | USD 104.2 million |
| Market revenue in 2030 | USD 366.3 million |
| Growth rate | 19.7% (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 |
Other key industry trends
- In terms of revenue, Italy accounted for 2.1% of the global warehouse robotics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany warehouse 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 305.2 million by 2030.
Mobile robots was the largest segment with a revenue share of 31.09% in 2023. Horizon Databook has segmented the Italy 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.
The number of robotic automation suppliers in Italy has grown steadily over the past several years, fueling the warehouse robotics market. For instance, according to the HowToRobot, 691 robot and automation companies were in Italy as of December 2020. In addition, the logistics companies in the country focus on expanding their logistics network.
For instance, in April 2021, Kering, a French-based multinational corporation that manages brands including Saint Laurent, Bottega Veneta, Alexander McQueen, and Gucci, completed the first phase of its global logistics hub in Northern Italy. Such expansion strategies of logistics companies are expected to create lucrative growth opportunities for the market.
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Warehouse Robotics Market Scope
Warehouse Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy warehouse robotics market size, by product, 2018-2030 (US$M)
Italy Warehouse Robotics Market Outlook Share, 2023 & 2030 (US$M)
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