PUBLISHER: KBV Research | PRODUCT CODE: 1585021
PUBLISHER: KBV Research | PRODUCT CODE: 1585021
The Europe Manufacturing Automation Market would witness market growth of 8.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Manufacturing Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,829 million by 2031. The UK market is exhibiting a CAGR of 7.8% during (2024 - 2031). Additionally, The France market would experience a CAGR of 9.6% during (2024 - 2031).
The expansion of e-commerce has profoundly transformed the manufacturing landscape, driving increased demand for faster and more efficient production processes. As online shopping becomes more prevalent, consumer expectations for rapid order fulfillment and real-time tracking have risen significantly.
Moreover, according to UNCTAD, global e-commerce sales reached $26.7 trillion in 2019, highlighting the significant economic impact of the digital shift. Automated, efficient manufacturing processes are becoming increasingly necessary as more businesses migrate to online platforms.
Across Europe, the demand for manufacturing automation is significantly influenced by the rising installation of industrial robots, as industries aim to improve productivity, reduce costs, and adapt to evolving market dynamics. According to the International Robotics Federation (IFR), European industrial robot installations increased by 9% to 92,393 units. Of this total, 80% of the installations in 2023 were within the European Union, accounting for 73,534 units, up 2% from the previous year.
Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on End-Use, the market is segmented into Discrete Manufacturing and Process Manufacturing. Based on Component, the market is segmented into Hardware, Software, and Services (Managed Services and Professional Services). Based on Technology, the market is segmented into PLC and Robotics. Based on Solution, the market is segmented into Monitoring & Diagnostics, Control Systems, and Robotics & Autonomous Systems. Based on Deployment, the market is segmented into On-premises and Cloud-based. Based on Industry Vertical, the market is segmented into Automotive, Consumer Electronics, Transportation & Logistics, Healthcare, and Other Industry Vertical. Based on Application, the market is segmented into Assembly Line Automation, Material Handling Automation, Transportation & Logistics, Welding & Fabrication Automation, Packaging Automation, and Other Application. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Manufacturing Automation Market Report Segmentation
By Enterprise Size
By End-Use
By Component
By Technology
By Solution
By Deployment
By Industry Vertical
By Application
By Country