Key Findings
The Europe SCARA robots market is anticipated to project a CAGR of 8.71% during the forecast period of 2019 to 2028. A recent hike in the e-commerce industry, and rising demands from end-user industries like semiconductor manufacturing are predicted to drive the market growth in this region.
Market Insights
The Europe SCARA robots market growth is assessed across the United Kingdom, Belgium, Poland, Russia, Italy, Germany, France, and the rest of Europe. Italy is the second-largest robot market in Europe, and the automotive industry is the largest employer of industrial robots in the country. Although the global economic decline between 2008 to 2009 created a reduced demand in the Italian automobile market, the sector recouped, and the manufacture of vehicles witnessed an upsurge in 2011. The garment industry in Italy is highly labor-intensive. As a result, the industry is adopting robotics technology to reduce employment expenses, thereby efficiently increasing the profit margin. Russian industries are facing severe problems regarding the escalation of productivity because of process automation and robotization. However, the Russian market is still advancing and has enormous growth potential. To support expansion, the Government of the Russian Federation issued the initiative, ’Development of the manufacturing industry and improvement of its competitiveness for the period till 2020’. The program proposes an improved efficiency of labor due to the modernization of industrial processes, thus, propelling the market growth.
Competitive Insights
Prominent companies in the market include KUKA Aktiengesellschaft, Omron Corporation, Precise Automation Inc, Kawasaki Heavy Industries Inc, St?ubli International 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