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MARKET OUTLOOK

Based on Triton’s research report, the industrial robots market in Europe is envisioned to thrive at a compound annual growth rate of 9.24% during the considered period 2021-2028. Germany, Italy, Spain, France, Russia, the United Kingdom, and Rest of Europe shape the region’s market.

France is emerging as a leader in industry 4.0, competing with major countries globally. Staubli is the major robot manufacturer in the country, focusing on industrial automation by developing SCARA and collaborative robots. Sepro is another company that is expanding operations across the country. As a result, this has encouraged several other companies to set up operations in the country, introducing new products to gain major market share. Hence, all these factors are likely to fuel the growth of the industrial robots market in France in the upcoming years. 

Similarly, Alias Robotics entered into an agreement with ElevenPath to set up the world’s first lab dedicated to cybersecurity for robotics in Munich. Additionally, the DHL supply chain collaborated with Microsoft and Blue Yonder to launch a new robotics platform. It demonstrated that the new platform could decrease complexity and accelerate the integration of robotic systems into current warehouse management systems. Such advancements and growing adoption of robotics are estimated to propel the Spanish industrial robots market on a positive growth trajectory over the forecasted period. 

COMPETITIVE OUTLOOK 

The leading companies in the industrial robots market consist of Nachi Fujikoshi Corporation, Kuka AG, Rethink Robotics, Kawasaki Heavy Industries Ltd, Omron Adept, ABB Ltd, and Schunk GmbH.