KEY FINDINGS Europe industrial robotics market is expected to rise with a CAGR of 6.85 % by the end of the forecast period of 2018-2026. M2M communication, IoT, and intelligent automation are driving and transforming operations in the European manufacturing industries, further propelling the demand for industrial robotics.
MARKET INSIGHTS The European industrial robotics market is divided into two segments, namely, the end-users and the robot types.The automotive, electronic & electric sectors are the most popular end-user segment of the market.
By type, the articulated robot types are fast gaining popularity in the region. A scarcity of labour, growing automation demands, and heavy investments in continuous research and development in industrial robotics are all contributing to the market growth.
COMPETITIVE INSIGHTS Rockwell Automation, Epson Robots, Staubli International AG, Mitsubishi Electric Corporation, Yaskawa Electric Corporation and Adept Technology Inc are the eminent market players in the region.
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