LONDON--(BUSINESS WIRE)--Technavio has been monitoring the industrial robotics market in Europe and it is poised to grow by USD 2.23 billion during 2020-2024, progressing at a CAGR of almost 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is concentrated, and the degree of concentration will accelerate during the forecast period. ABB Ltd., b+m surface systems GmbH, Comau Spa, DENSO Corp., FANUC Corp., KUKA AG, OMRON Corp., Staubli International AG, Teradyne Inc., and Yaskawa Electric Corp. are some of the major market participants. The rising industrial automation will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Rising industrial automation has been instrumental in driving the growth of the market.

Industrial Robotics Market in Europe 2020-2024: Segmentation

Industrial Robotics Market in Europe is segmented as below:

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Industrial Robotics Market in Europe 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our industrial robotics market in Europe report covers the following areas:

This study identifies rising demand for collaborative robots across industries as one of the prime reasons driving the industrial robotics market growth in Europe during the next few years.

Industrial Robotics Market in Europe 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the industrial robotics market in Europe, including some of the vendors such as ABB Ltd., b+m surface systems GmbH, Comau Spa, DENSO Corp., FANUC Corp., KUKA AG, OMRON Corp., Staubli International AG, Teradyne Inc., and Yaskawa Electric Corp. Backed with competitive intelligence and benchmarking, our research reports on the industrial robotics market in Europe are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Industrial Robotics Market in Europe 2020-2024: Key Highlights

Table Of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer landscape

Geographic Landscape

Drivers, Challenges, and Trends

Vendor Landscape

Vendor Analysis

Appendix

List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Analysis on Impact of COVID-19- Industrial Robotics Market in Europe 2020-2024 | Rising Industrial Automation to Boost Growth | Technavio - Business...