Spain Warehouse Robotics Market Size & Outlook, 2023-2030
Spain warehouse robotics market, 2018-2030 (US$M)
Related Markets
Spain warehouse robotics market highlights
- The Spain warehouse robotics market generated a revenue of USD 81.9 million in 2023 and is expected to reach USD 305.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 20.7% 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 81.9 million |
| Market revenue in 2030 | USD 305.2 million |
| Growth rate | 20.7% (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, Spain accounted for 1.7% 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 30.89% in 2023. Horizon Databook has segmented the Spain 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 warehouse robotics market in Spain has experienced significant growth over the forecast period. This was mainly attributed to an upsurge in the growth of the e-commerce sector and increasing number of automated warehouses.
For instance, in November 2020, Henkel introduced a fully automated Laundry & Home Care warehouse with an investment of about USD 23.4 Million at its production facility in Montornès del Vallès, Spain (Barcelona).
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Warehouse Robotics Market Scope
Warehouse Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain warehouse robotics market size, by product, 2018-2030 (US$M)
Spain Warehouse Robotics Market Outlook Share, 2023 & 2030 (US$M)
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