Europe Cloud Robotics Market

Europe Cloud Robotics Market Size, Share & Trends Analysis Report By Component (Software and Service), By Robot Type, By Enterprise Size, By Service Model (SaaS, PaaS, and IaaS), By Vertical, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-26034 Publication Date: December-2024 Number of Pages: 151
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Analysis of Market Size & Trends

The Europe Cloud Robotics Market would witness market growth of 24.9% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Cloud Robotics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,973.4 million by 2031. The UK market is exhibiting a CAGR of 23.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 25.8% during (2024 - 2031).

Europe Cloud Robotics Market

In healthcare, cloud robotics enables advancements in telemedicine, surgical robots, and robotic prosthetics. Surgeons can control robotic arms remotely via cloud platforms, offering precision and minimally invasive surgeries. Furthermore, robots powered by AI and cloud technologies can assist in rehabilitation, providing patients with personalized exercises and real-time feedback. Data gathered from robots during medical procedures can also be processed in the cloud, providing insights for further improvements.

Furthermore, in the agricultural sector, cloud robotics is being used for precision farming. Robots with sensors and cloud-powered AI algorithms can collect field data and analyze soil conditions, crop health, and weather patterns. This information is then used to optimize irrigation, fertilization, and pest control. Cloud robotics also enables autonomous drones to monitor large farming areas and provide real-time data on crop performance, enabling farmers to make informed decisions.

The EU’s commitment to sustainability and digital transformation also influences this trend. Policies that reduce carbon footprints and increase energy efficiency prompt industrial companies to adopt more automated and efficient production processes. Cloud robotics plays a critical role in achieving these objectives by providing robots with the intelligence to make decisions autonomously while improving production lines' efficiency and flexibility. This contributes to a greener, more sustainable manufacturing ecosystem aligned with the EU’s climate goals. Thus, the growing industrial sector in Europe, marked by a steady increase in production and an expanding value of sold goods, is providing significant momentum for the market.

Free Valuable Insights: The Global Cloud Robotics Market will Hit USD 41.26 Billion by 2031, at a CAGR of 25.1%

Based on Component, the market is segmented into Software and Service. Based on Robot Type, the market is segmented into Industrial Robots and Service Robots. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Service Model, the market is segmented into SaaS, PaaS, and IaaS. Based on Vertical, the market is segmented into Manufacturing, Logistics, Healthcare, Aerospace & Defense, Media & Entertainment, and Other Vertical. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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List of Key Companies Profiled

  • Kuka AG (Midea Group Co., Ltd.)
  • Hyundai Motor Company
  • SoftBank Robotics Group (SoftBank Group Corporation)
  • ABB Group
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Siemens AG
  • CloudMinds Technology Inc.
  • IBM Corporation
  • Rockwell Automation Inc.

Europe Cloud Robotics Market Report Segmentation

By Component

  • Software
  • Service

By Robot Type

  • Industrial Robots
  • Service Robots

By Enterprise Size

  • Large Enterprises
  • SMEs

By Service Model

  • SaaS
  • PaaS
  • IaaS

By Vertical

  • Manufacturing
  • Logistics
  • Healthcare
  • Aerospace & Defense
  • Media & Entertainment
  • Other Vertical

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
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