KEY FINDINGS
The Europe warehouse robotics market is anticipated to record a CAGR of 12.79% during the forecast period, 2021-2028. The region is far advanced regarding automation, given the robot density. Among the top 10 nations with the most industrial robots per 1000 employees, five belong to Europe. Such factors, along with the declining working-age population in most countries, are set to propel the market growth.
MARKET INSIGHTS
Italy, Germany, the United Kingdom, France, Poland, Belgium, Russia, and Rest of Europe, are assessed for the Europe warehouse robotics market growth analysis. France is one of the leading industrial producers in Europe. The essential sectors include mechanical equipment, electrical machinery, food products, automobiles, ships & trains, machine tools, aircraft, etc. The country is evaluated to be a potential revenue generator for vendors manufacturing service robots.
In Russia, the retail sector is thriving, along with e-commerce projecting promising trends. E-commerce is outgrowing retail growth. These sectors are attracting foreign companies operating in intralogistics and warehousing. In Italy, e-commerce is registering double-digit growth. The shift towards e-commerce will lead to structural changes in the logistics & warehousing sector.
The online shop has been on the rise in Belgium, despite being a small e-commerce arena as compared to UK and Germany. This is accredited to its solid digital infrastructure. Several local players are investing in e-commerce. Bpost, the state postal provider, is investing in the expanding e-commerce logistics services due to increased demand for its e-commerce delivery services. The evolving consumer habits have surged the e-commerce growth as of 2020. Such factors are expected to drive the warehouse robotics market growth in these countries.
COMPETITIVE INSIGHTS
Some of the eminent companies in the market are Rockwell Automation, Honeywell International Inc, IAM Robotics, Omron Corp, Kuka AG, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments