Europe Warehouse Robotics Market Size More Than Doubles During 2024-2030 to Surpass USD 3.11 Billion by 2030

Published | 31 January 2024

Europe Warehouse Robotics Market is flourishing because of the expanding industrial production and a rising focus on implementing advanced technologies and solutions to improve warehouse efficiency.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Europe Warehouse Robotics Market size at USD 1.36 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Europe Warehouse Robotics Market size to expand at a robust CAGR of 14.82% reaching a value of USD 3.11 billion by 2030. A growing emphasis on operational efficiency in warehouses and increased investments in automation across various sectors are major driving factors for the Europe Warehouse Robotics Market. Furthermore, the increasing demand for faster delivery services and the notable expansion of the e-commerce industry are expected to propel the Europe Warehouse Robotics Market during the period in analysis.

Opportunity: Increasing Adoption of Warehouse Robotics across Industries

The expansion of Warehouse Robotics Market in Europe is expected to be driven by the increasing deployment of robotic systems in storage facilities in the food and beverages, fast-moving consumer goods, retail, and 3PL sectors. A growing number of mundane yet varied operations currently performed by people in warehouses will be handled by robots as they become safer, smarter, and more sophisticated. The Warehouse Robotics Market is also growing as a result of a growing number of partnerships between warehouse robotics and e-commerce businesses, whereby the robotics firms fund automation in the e-commerce businesses' warehouses.

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Europe Warehouse Robotics Market

Segmental Coverage

Europe Warehouse Robotics Market – By Function

Based on function, the Europe Warehouse Robotics Market is segmented into storage, packaging, transshipments, and others. The transshipment segment holds the largest share in the Europe Warehouse Robotics Market. Through the application of sensors and data-communication technology, warehouses can collect data on their internal as well as external environment at every location the product is being transported to and transmit data to management systems, which helps warehouses manage losses.

Europe Warehouse Robotics Market – By Country

The in-depth research report on the Europe Warehouse Robotics Market covers a number of country-specific markets, including Germany, the United Kingdom, Italy, France, Spain, Belgium, Russia, the Netherlands, and the rest of Europe. The United Kingdom dominates the Europe Warehouse Robotics Market owing to the growing e-commerce sector. The country accounted for about 30% of the total ecommerce spending in 2022, followed by Germany, as per an industry estimate. The high concentration of major e-commerce platforms, such as Amazon, Tesco, and Asos, along with the deepening penetration of internet is boosting the e-commerce sector in the country, which in turn, drives the demand for automation in warehouses.

Competitive Landscape

Major players operating in the Europe Warehouse Robotics Market include KUKA AG, ABB Ltd, Dematic, Fanuc Corporation, Knapp AG, SSI Schaefer AG, Swisslog Holding AG, Vanderlande Industries, Yaskawa Electric Corporation, and Omron Corporation.

These companies employ various strategies to further enhance their market share, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Don’t miss the business opportunity in the Europe Warehouse Robotics Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Europe Warehouse Robotics Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Europe Warehouse Robotics Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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