Market Size of Europe Service Robots Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 14.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Service Robots Market Analysis
The European Service Robots Market is expected to register a CAGR of around 14% during the forecast period 2021 - 2026. Europe is one of the big markets for service robotics. The market for service robotics is increasing across many sectors that it can be used in. Autonomous robots can make their own decisions in real-time and in unpredictable environments to perform specific tasks. Service robots are generally used for tasks that are dangerous, dull, dirty, or dumb.
- Europe is a leader in the service robotics market for field robotics, logistics, and construction. The usage of robotics in this market is varied and is also used in professional cleaning.
- The military application of service robotics is high in the professional use of service robotics. In defense, both manned and unmanned types of robots are used. In unmanned use, drones are very common. The use of drones has increased in the battlegrounds for a few years. They are being used for intelligence, surveillance, and reconnaissance missions and have helped the soldiers on the ground and sitting far away to plan their next move.
- The German market is one of the big markets for robotics and is estimated to grow more in the period to come. Other markets like Spain, Italy, and the UK will also grow to become major players in the service robotics market in the years to come.
- European service robot manufacturers play an important role in the global market as about 290 out of the 700 registered companies supplying service robots come from Europe, according to IFR.
- Moreover, the labor shortage in Europe was one of the driving factors for the use of service robots during the COVID-19 pandemic. For instance, UVD Robots, Danish manufacture of ultraviolet-light-disinfection robots, shipped hundreds of machines to hospitals in China and Europe.
Europe Service Robots Industry Segmentation
The report studies the European Service Robot market according to the type of the robot, area of functionality, components used, and the end-user where it is being operated in, along with country-wise segmentation of the region.
By Type | |||||||
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By Areas | |
Aerial | |
Land | |
Underwater |
By Components | |
Sensors | |
Actuators | |
Control Systems | |
Software | |
Others |
By End-User industries | |
Military and Defense | |
Agriculture, Construction and Mining | |
Transportation & Logistics | |
Healthcare | |
Government | |
Others |
By Countries | |
United Kingdom | |
Germany | |
France | |
Others |
Europe Service Robots Market Size Summary
The European Service Robots Market is experiencing significant growth, driven by advancements in robotics technology and increasing demand across various sectors. Europe stands as a prominent player in the service robotics industry, particularly in fields such as logistics, construction, and professional cleaning. The region's focus on autonomous robots, which can operate in unpredictable environments, has expanded their application in tasks that are hazardous or monotonous. The military sector, in particular, has seen a rise in the use of unmanned drones for intelligence and reconnaissance missions, enhancing operational efficiency. Germany leads the market with a strong presence in industrial robotics, while other countries like Spain, Italy, and the UK are emerging as key contributors to the market's expansion.
The COVID-19 pandemic has further accelerated the adoption of service robots in Europe, addressing labor shortages and emphasizing the need for hygiene and social distancing. The UK, facing challenges post-Brexit, has seen a decline in available labor, prompting increased reliance on robotic solutions. The introduction of robots in healthcare settings, such as the use of UV-disinfection robots, highlights the region's commitment to integrating technology for safety and efficiency. The market is characterized by medium concentration, with numerous companies contributing to the development of service robots. Initiatives like Robotics4EU aim to enhance the responsible use of robotics, supporting the market's growth trajectory in the coming years.
Europe Service Robots Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Trends
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1.3 Industry Attractiveness - Porter's Five Force Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Industry Policies
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1.5 Market Drivers
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1.5.1 Increasing demand for these robots in defense sector
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1.5.2 Focus towards research and development is leading to robots with more user-friendly features
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1.6 Market Restraints
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1.6.1 Interaction with robot is hindrance for some users
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1.6.2 Initial high costs associated with development
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1.7 Assessment of the Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Personal Robots
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2.1.1.1 Domestic Robots
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2.1.1.2 Research
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2.1.1.3 Entertainment
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2.1.1.4 Others
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2.1.2 Professional Robots
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2.1.2.1 Field Robots (Agriculture, Forestry and Others)
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2.1.2.2 Defense and Security (Fire Fighting)
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2.1.2.3 Medical (Assistive robots, diagnostic and overhauling systems)
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2.1.2.4 UAV Drones
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2.1.2.5 Others
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2.2 By Areas
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2.2.1 Aerial
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2.2.2 Land
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2.2.3 Underwater
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2.3 By Components
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2.3.1 Sensors
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2.3.2 Actuators
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2.3.3 Control Systems
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2.3.4 Software
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2.3.5 Others
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2.4 By End-User industries
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2.4.1 Military and Defense
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2.4.2 Agriculture, Construction and Mining
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2.4.3 Transportation & Logistics
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2.4.4 Healthcare
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2.4.5 Government
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2.4.6 Others
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2.5 By Countries
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2.5.1 United Kingdom
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2.5.2 Germany
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2.5.3 France
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2.5.4 Others
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Europe Service Robots Market Size FAQs
What is the current Europe Service Robots Market size?
The Europe Service Robots Market is projected to register a CAGR of 14% during the forecast period (2024-2029)
Who are the key players in Europe Service Robots Market?
Amazon.com, Inc., KUKA AG, Northrop Grumman Corporation, SeaRobotics Corporation and Honda Motors Co. Ltd. are the major companies operating in the Europe Service Robots Market.