The robotics industry continues to transform the global business landscape with groundbreaking technological advancements and broadening applications across various sectors. This detailed review focuses on the robotics market from 2024 to 2030 within the UK, Europe, and Asia, providing key financial figures, market segments, growth predictions, and the best reports available to guide decision-makers in businesses and startups.
UK Robotics Market Overview 2024-2030
TechNavio projects significant growth for the UK robotics market, emphasizing a market size of $2.3 billion by 2030. Driven primarily by the automotive and manufacturing sectors, the report forecasts a compounded annual growth rate (CAGR) of approximately 10.5%. The segments covered include industrial robots, service robots, and robotics systems integration. More details can be found on the TechNavio Website.
Source: TechNavio, 2024
European Robotics Sector Analysis
Frost & Sullivan estimates the European robotics market to reach $15 billion by 2030, with a growth rate of 12% CAGR. Their analysis stresses the rise of collaborative robots (cobots) across automotive, electronics, and healthcare sectors. Full insights are accessible at Frost & Sullivan’s Portal.
Source: Frost & Sullivan, 2024
Robotics in Germany: A Market Snapshot
According to Gartner, Germany leads Europe in robotics, with a market size poised to grow to $4.5 billion by 2030. The focus is on industrial and factory automation robots, with an expected growth rate of 9% annually. For more, see Gartner’s Analysis Page.
Source: Gartner, 2024
France’s Robotics Innovation and Growth
MarketsandMarkets reports the French robotics market expanding to $3 billion by 2030, with a growth rate of 9.8% driven by advancements in food processing and automotive industries. Check their full report at MarketsandMarkets’ Overview.
Source: MarketsandMarkets, 2024
Italy’s Focus on Robotic Systems
ABI Research outlines Italy’s robotics sector reaching a market size of $1.2 billion by 2030, growing at a CAGR of 11%. Key segments include robotic arms for manufacturing and healthcare robots. Explore more at ABI Research.
Source: ABI Research, 2024
Robotics Market in Scandinavia
IDC predicts the Scandinavian robotics market to surge to $850 million by 2030, with a significant adoption rate in autonomous robots integrated with AI. Detailed insights are provided in IDC’s Comprehensive Report.
Source: IDC, 2024
Asia’s Robotic Revolution
Counterpoint Research notes an explosive growth in the Asian robotics market, expected to exceed $30 billion by 2030, with a CAGR of over 15%. The sectors highlighted include consumer electronics, healthcare, and industrial automation. More information is available at Counterpoint’s Analysis.
Source: Counterpoint Research, 2024
China’s Dominance in Robotics
Deloitte reports that China’s robotics market will likely grow to a staggering $50 billion by 2030. The country’s focus is on enhancing manufacturing capabilities and implementing robotics in public sectors and homes. The full report can be explored at Deloitte’s Research Hub.
Source: [Deloitte, 2024](https://www2.deloitte](https://www2.deloitte.com/global/en/pages/manufacturing/articles/global-robotics.html)
Japan’s Technological Advancements in Robotics
Nomura Research Institute predicts Japan to advance its robotics capabilities, especially in precision engineering, expecting the market to grow to $7 billion by 2030. The emphasis is on service and humanoid robots, poised for a significant breakthrough. More can be read on Nomura Research Institute.
Source: Nomura Research Institute, 2024
South Korea’s Innovation in Robotics
Strategy Analytics highlights South Korea’s rapid developments, with the market expected to reach $6 billion by 2030. The focus is on smart manufacturing and consumer robots, with a predicted growth rate of 14% per year. Detailed analysis is available at Strategy Analytics’ Report.
Source: Strategy Analytics, 2024
Southeast Asia’s Robotics Expansion
The Economist Intelligence Unit forecasts that the Southeast Asian robotics market will approach $4 billion by 2030. The growth, estimated at a CAGR of 8.5%, is largely driven by the need to improve productivity in view of demographic shifts. The full report can be seen at The Economist Intelligence Unit.
Source: The Economist Intelligence Unit, 2024
India’s Robotics Ascent
PwC India sees India’s robotics sector reaching $1 billion by 2030, with a growth rate of 12% annually. The report covers segments such as agricultural robots, medical robots, and military drones. Insights are available on PwC India’s Insights.
Source: PwC India, 2024
Conclusion
The robotics market across the UK, Europe, and Asia is poised for significant expansion, fueled by technological innovation and diverse applications. These comprehensive reports are indispensable for businesses and startups, providing detailed forecasts and segment-specific analysis to strategically navigate the evolving landscape.
References
- TechNavio. “UK Robotics Market Industry Analysis.” 2024. TechNavio
- Frost & Sullivan. “European Robotics Market Forecast.” 2024. Frost & Sullivan
- Gartner. “German Robotics Market Report.” 2024. Gartner
- MarketsandMarkets. “French Robotics Market Analysis.” 2024. MarketsandMarkets
- ABI Research. “Italy Robotics Industry Overview.” 2024. ABI Research
- IDC. “Scandinavian Robotics Sector Report.” 2024. IDC
- Counterpoint Research. “Asian Robotics Market Forecast.” 2024. Counterpoint Research
- Deloitte. “China Robotics Market Analysis.” 2024. Deloitte
- Nomura Research Institute. “Japan’s Robotics Innovation.” 2024. Nomura Research Institute
- Strategy Analytics. “South Korea Robotics Report.” 2024. Strategy Analytics
- The Economist Intelligence Unit. “Southeast Asia Robotics Market Outlook.” 2024. The Economist Intelligence Unit
- PwC India. “Robotics in India: Trends and Predictions.” 2024. PwC India
