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Europe Industrial Robotics Market Set to Double by 2030, Driven by Automation and Smart Technologies

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DUBLIN, Feb. 28, 2024 /PRNewswire/ — The “Europe Industrial Robotics Market Forecast to 2030 – Regional Analysis – by Types, Function, and Industry” report has been added to  ResearchAndMarkets.com’s offering.

The Europe industrial robotics market is expected to grow from US$ 4.5 billion in 2022 to US$ 9.87 billion by 2030. It is estimated to grow at a CAGR of 10.3% from 2022 to 2030.

Sustainability and Green Economy Drives Europe Industrial Robotics Market

Sustainability and environmental considerations are anticipated to be vital trends in the Europe industrial robotics market. Industrial robots are being designed to be more energy efficient with improved power management systems and energy-saving features. In coming years, the robotics sector will focus on developing energy-efficient robots that would help companies lower their carbon footprint and achieve sustainability goals. Industrial robots can also improve material efficiency, optimize processes, and reduce waste.

Additionally, advancements in recycling robot components and materials can reduce the industry’s environmental impact. Industrial robotics are expected to involve green manufacturing practices to reduce the use of hazardous substances and minimize emissions. Manufacturers would be able to explore the usage of eco-friendly materials and sustainable design principles by introducing industrial robots. This will include selecting materials with lower environmental impact. By embracing sustainability and environmental considerations, the Europe industrial robotics market can contribute to a more sustainable manufacturing sector. These above-mentioned future trends will drive the development of more environment friendly robotics systems aligning with global efforts toward a greener and more sustainable future.

Europe Industrial Robotics Market Overview

The Europe industrial robotics market is segmented into Germany, France, the UK, Italy, Spain, Sweden, Belgium, the Netherlands, and the Rest of Europe. In the European Union, Germany is a highly automated economy. In 2020, the country had ~230,000 industrial robots. In 2020 alone, manufacturing facilities in Germany installed 22,300 new industrial robots. According to the International Federation of Robotics (IFR), Germany accounts for 33% of overall Europe’s robot inventory. The number of robots in German manufacturing facilities is more than three times compared to Italy, which has 78,200 industrial robots.

Similarly, in 2020, France had ~44,800 industrial robots, whereas the UK accounted for 23,000 industrial robots. The growing use of robots in manufacturing, alongside humans, is easing manufacturing operations and increasing production volume. Thus, the manufacturing facilities across the region are constantly eyeing on adopting newer, technologically advanced robotic solutions. This parameter is a key driving force in the Europe industrial robotics market in Europe.

The digital industrial revolution, i.e., Industry 4.0, is helping increase operational flexibility in manufacturing sector for mass customization, increased speed of workflows, better quality of final products, and improved productivity in factories. According to IFR, the total installation of industrial robots across the region increased by 15% in 2021 compared to 2020. Because of this, automotives chemicals, food & beverages, mechanical engineering, and electronics sectors are installing industrial robots to increase productivity.

In 2021, the installation of industrial robot installations in Europe regained growth after two years of decline due to the rising demand from various industrial sectors. For instance, in 2021, the installation of industrial robots in metal & machinery and plastics & chemical products rose strongly by 50% and 30%, respectively, compared to 2018. Thus, the rising adoption of automation solutions further boosts the Europe industrial robotics market growth. Governments of various countries are investing in automating the manufacturing business in the region. For instance, in July 2021, the government of the UK announced an investment of US$ 59.3 million (GBP 53 million) to drive the development of digital manufacturing technologies. Out of which, US$ 28.10 million (GBP 25 million) will be invested in setting up five new industry-sponsored research centers to accelerate the development of cutting-edge digital solutions that can transform manufacturing businesses. The remaining amount will be invested in a digital supply chain innovation hub and provided to 37 individual projects to digitalize and transform manufacturing supply chains. Thus, the growing government support to boost automation will further boost the growth of the Europe industrial robotics market.

Europe Industrial Robotics Market Segmentation

The European industrial robotics market is segmented into types, function, industry, and country.

Based on types, the Europe industrial robotics market is segmented into articulated, cartesian, SCARA, collaborative, parallel, and others. In 2022, the articulated segment registered the largest share in the Europe industrial robotics market.Based on function, the Europe industrial robotics market is segmented into soldering and welding, material handling, assembling and disassembling, painting and dispensing, milling, and cutting and processing. In 2022, the soldering and welding segment registered the largest share in the Europe industrial robotics market.Based on industry, the Europe industrial robotics market is segmented into automotive, medical and pharmaceuticals, electrical and electronics, rubber and plastics, metal and machinery, and food and agriculture. In 2022, the automotive segment registered the largest share in the Europe industrial robotics market.Based on country, the Europe industrial robotics market is segmented into Germany, France, Italy, Spain, the UK, Sweden, Belgium, Netherlands, and the Rest of Europe. In 2022, Germany registered the largest share in the Europe industrial robotics market.

Key Topics Covered:

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

4. Europe Industrial Robotics Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Europe Industrial Robotics Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 Advancements in Automation and Industry 4.0
5.1.2 Government Initiatives and Incentives
5.2 Market Restraints
5.2.1 Lack of Skilled Workforce
5.3 Market Opportunities
5.3.1 Second Life for Industrial Robots and ROI
5.4 Future Trends
5.4.1 Sustainability and Green Economy
5.5 Impact Analysis of Drivers and Restraints

6. Industrial Robotics Market- Europe Analysis
6.1 Europe Industrial Robotics Market Overview
6.2 Europe Industrial Robotics Market- Revenue and Forecast to 2030 (US$ Million)

7. Europe Industrial Robotics Market Analysis – By Types
7.1 Overview
7.2 Europe Industrial Robotics Market, By Types (2022 and 2030)
7.3 Articulated
7.4 Cartesian
7.5 SCARA
7.6 Collaborative
7.7 Parallel

8. Europe Industrial Robotics Market Analysis – By Function
8.1 Overview
8.2 Europe Industrial Robotics Market, By Function (2022 and 2030)
8.3 Soldering and Welding
8.4 Material Handling
8.5 Assembling and Disassembling
8.6 Painting and Dispensing
8.7 Milling
8.8 Cutting and Processing

9. Europe Industrial Robotics Market Analysis – By Industry
9.1 Overview
9.2 Europe Industrial Robotics Market Breakdown, By Industry, 2022 & 2030
9.3 Automotive
9.4 Medical and Pharmaceuticals
9.5 Electrical and Electronics
9.6 Rubber and Plastics
9.7 Metal and Machinery
9.8 Food and Agriculture

10. Europe Industrial Robotics Market- Country Analysis

11. Industry Landscape
11.1 Overview
11.2 Mergers and Acquisitions
11.3 Agreements, Collaborations and Joint Ventures
11.4 New Product Launches

12. Company Profiles

ABB LtdComau SpAFanuc CorpKawasaki Heavy Industries LtdKuka AGMitsubishi Electric CorpSeiko Epson CorpStaubli International AGUniversal Robots ASYaskawa Electric Corp

For more information about this report visit https://www.researchandmarkets.com/r/uytslq

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Research and Markets
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Technology

PrimeRevenue Hires Andrew Hamilton as CTO

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April 17, 2025

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Hamilton Brings Over Two Decades of Experience to Role, Where He’ll Spearhead Innovation and Advanced AI Strategies Across Working Capital and B2B Payment Solutions

ATLANTA, April 17, 2025 /PRNewswire-PRWeb/ — PrimeRevenue—the global leader in working capital and B2B payment solutions—today announced the appointment of Andrew Hamilton as Chief Technology Officer (CTO). As CTO, Hamilton will be responsible for spearheading transformative initiatives across PrimeRevenue’s technology framework and optimizing current and future platform solutions. He brings over two decades of executive experience in software development, systems integration and enterprise technology leadership into this role.

“As we shape the next chapter of PrimeRevenue’s journey, Andrew’s stewardship, experience and counsel will be crucial. His role isn’t just about leading technology—it’s about driving transformation,” said PJ Bain, CEO of PrimeRevenue.

“As we shape the next chapter of PrimeRevenue’s journey, Andrew’s stewardship, experience and counsel will be crucial. His role isn’t just about leading technology—it’s about driving transformation,” said PJ Bain, CEO of PrimeRevenue. “Bold and forward-thinking, Andrew is ready to tackle complex challenges with clarity and purpose. And most importantly, he will serve our clients exceptionally well.”

Over the course of his career, Hamilton has led highly impactful software initiatives and guided global engineering teams through complex, strategically significant projects, at great scale. He most recently served as SVP of Engineering at CoStar Group, and previously held CTO roles at Steady, ParkMobile and Cardlytics. Hamilton studied Computer Science at the University of Southampton and serves on the board of the Technology Association of Georgia.

At PrimeRevenue, Hamilton will oversee advanced AI integration across PrimeRevenue’s offerings as well as ensure that PrimeRevenue is building solutions that keep the company ahead in a rapidly changing market. He will also play a critical role in aligning technology with business goals amid ongoing global expansion and innovation.

“In 2025, there’s no role I can think of that’s more exciting than the opportunity to drive transformation at the intersection of innovation, payments and AI,” said Hamilton. “PrimeRevenue is an industry pioneer and changemaker—whose mandate is serving, empowering and delivering impact for its clients. It is an honor to work alongside the PrimeRevenue team, and to play my part in contributing to the company’s next era of growth.”

About PrimeRevenue

As a pioneer in global B2B payments, the PrimeRevenue platform connects the entire supply chain by improving working capital and automating digital payments. Thousands of companies around the world leverage PrimeRevenue’s streamlined platform to increase payment visibility, enhance control, and improve cash flow. PrimeRevenue is headquartered in Atlanta, with offices in London, Prague, Hong Kong, and Melbourne. Learn more at www.primerevenue.com and connect with us on Twitter @primerevenue and LinkedIn https://www.linkedin.com/company/primerevenue/.

Media Contact

Melissa Banks, PrimeRevenue, 1 4065991648, melissa@rosengrouppr.com, https://primerevenue.com/

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Discover the Latest in AV Innovation at Ford AV’s Innovate technology showcase in Loveland, CO

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April 17, 2025

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DENVER, April 17, 2025 /PRNewswire/ — Ford Audio-Video invites technology professionals, decision-makers, and innovators to:

Event:  Innovate – A Technology Experience
Date: Wednesday, April 30, 2025
Time: 9:00 AM to 3:00 PM
Location: Embassy Suites by Hilton in Loveland, Colorado
Admission: FREE
Register Now: innovate.fordav.com

Innovate is a free, one-day showcase where attendees experience over 90 of the world’s top AV manufacturers, hands-on technology demos, live training seminars, and complimentary lunch. It’s the perfect opportunity to explore the latest solutions in video conferencing, digital signage, room scheduling, security, sound systems, lighting, and more—all under one roof.

Why Attend?

EXPLORE the latest AV, Unified Communications, and security tech from 90+ exhibitors

EXPERIENCE live demos and practical solutions for your workplace

LEARN from expert-led seminars on today’s most relevant AV topics

NETWORK with industry pros, tech leaders, and your local Ford AV team

Enjoy a FREE LUNCH during the event

Featured Display: LG 136″ All-in-One LED

Visit Booth #600 to experience the LG 136″ All-in-One Display—a stunning, seamless DVLED solution that transforms conference rooms, lobbies, and executive spaces. See how this plug-and-play display delivers impressive image quality without complicated setup.

About Ford AV

Ford AV is a leading national integrator of professional audio, video, security, and collaboration technologies. With over 50 years of experience, Ford AV partners with businesses, schools, governments, hospitals and more—helping people communicate using the power of AV technology.

Media Contact:
Sophia Bittencourt
Marketing Coordinator
(405) 946-9966
innovate@fordav.com 
www.fordav.com

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Prochant Achieves HITRUST r2 Certification, Strengthening Commitment to Data Security and Compliance

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April 17, 2025

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CHARLOTTE, N.C., April 17, 2025 /PRNewswire/ — Prochant, a leader in revenue cycle management (RCM) solutions for the home-based care industry, today announced it has earned certified status by HITRUST for information security across its IT Infrastructure, Prochant Pulse Connect Portal, Prochant Operations and Data Center hosted at Microsoft Azure.

HITRUST r2 Certification demonstrates Prochant has met demanding regulatory compliance and industry-defined requirements and is appropriately managing risk. This achievement places Prochant in an elite group of organizations worldwide that have earned this certification. By including federal and state regulations, standards and frameworks and incorporating a risk-based approach, the HITRUST Assurance Program helps organizations address security and data protection challenges through a comprehensive and flexible framework of prescriptive and scalable security controls. 

“For our clients, data security is not just a checkbox—it’s a top priority,” said Joey Graham, CEO of Prochant. “Earning HITRUST r2 Certification validates our deep commitment to protecting our clients’ data while allowing us to continue innovating with confidence. It’s a critical step in our mission to deliver world-class RCM solutions powered by advanced technology rooted in trust. The HITRUST r2 Certification is more than a symbol of compliance; it represents a culture of continuous improvement and accountability.” 

“HITRUST certification is globally recognized as validation that information security and privacy controls are effective and compliant with various regulations. HITRUST certification is considered the gold standard because of the comprehensiveness and applicability of the control requirements, depth of the assurance process and level of oversight that ensures accuracy,” said Jeremy Huval, Chief Innovation Officer at HITRUST. 

This achievement underscores Prochant’s commitment to security, client trust and operational excellence. Obtaining HITRUST r2 Certification demonstrates Prochant’s ability to safeguard sensitive data in an increasingly complex landscape and reinforces the company’s reputation as a trusted, tech-enabled partner for home-based care providers.

For more information, please visit www.prochant.com or email marketing@prochant.com.

Contact 
Greg Krantz
VP, Marketing
+1 (888) 349-9015
Marketing@prochant.com

About Prochant, LLC
Established in 1999, Prochant delivers focused revenue cycle management (RCM) solutions to providers for the home-based care industry. Our expertise lies in providing end-to-end RCM for home-based care, including HME, infusion and pharmacy and home health and hospice, consistently delivering exceptional results to some of the leading providers in the country. We combine innovative technology in workflow and analytics and deep industry knowledge to streamline the time-consuming and expensive reimbursement process. As a result, we help home-based care providers accelerate their collections, increase revenue and reduce operational costs while managing risk. 

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