At 25.7% CAGR, the Europe Autonomous Mobile Manipulator Robots Market is projected to be worth US$ 593.89 million by 2030, says Business Market Insights

According to Business Market Insights research, the Europe autonomous mobile manipulator robots market was valued at US$ 119.75 million in 2023 and is expected to reach US$ 593.89 million by 2030, registering a CAGR of 25.7% from 2023 to 2030. Rising e-commerce industry and growing demand for automated systems are the critical factors attributed to the Europe autonomous mobile manipulator robots market expansion.

The growth in consumer disposable income, changes in their lifestyle, and purchasing patterns are a few factors contributing to the increased purchasing of goods and products from online platforms. Consumer prefers to shop online as it offers a selection from a wide range of products and saves time and money compared to brick-and-mortar stores. In addition, the increasing penetration of the internet and smartphones is boosting customer’s preference for online shopping, which is fueling the growth of the e-commerce industry. Hence, to manage the increased volume of goods, along with associated information, and meet customer’s expectations for faster deliveries, many e-commerce industry players are rapidly adopting automated solutions such as AMMR. The capability of AMMR to manage the high payload-carrying capacity improves the operational workflow in warehouses and distribution centers, leading to its adoption in the e-commerce industry. Inventory management, packaging, sorting, palletizing, picking, and placing of ordered items are a few activities that AMMR can efficiently manage without human intervention and error. For instance, in October 2021, Plus One Robotics Inc. and Locus Robotics Corp. announced their plans for a strategic collaboration to develop an automated picking system merging mobile robots and stationary picking arms to help improve productivity in e-commerce fulfillment centers. Therefore, the growing e-commerce sector encourages the market players to cater to the demand for automated solutions, fueling the growth of the Europe autonomous mobile manipulator robots market.

On the contrary, high cost of AMM hurdles the growth of Europe industrial robotics market.

Based on type, the Europe autonomous mobile manipulator robots market is bifurcated into differential and omni-directional. The differential segment held 56.0% share of Europe autonomous mobile manipulator robots market in 2023, amassing US$ 67.12 million. It is projected to garner US$ 315.40 million by 2030 to expand at 24.7% CAGR during 2023–2030.

Based on payload, the Europe autonomous mobile manipulator robots market is segmented into -5 kg, 5-10 kg, 10-20 kg, and 20 kg & Above. The 10-20 kg segment held 35.5% share of Europe autonomous mobile manipulator robots market in 2023, amassing US$ 42.47 million. It is projected to garner US$ 178.94 million by 2030 to expand at 22.8% CAGR during 2023–2030.

Based on application, the Europe autonomous mobile manipulator robots market is segmented into sorting, pick & place, inventory management, and others. The pick & place segment held 47.8% share of Europe autonomous mobile manipulator robots market in 2023, amassing US$ 57.28 million. It is projected to garner US$ 296.25 million by 2030 to expand at 26.5% CAGR during 2023–2030.

Based on end user industry, the Europe autonomous mobile manipulator robots market is segmented into healthcare, space, assembly, and others. The others segment held 51.8% share of Europe autonomous mobile manipulator robots market in 2023, amassing US$ 61.98 million. It is projected to garner US$ 318.62 million by 2030 to expand at 26.4% CAGR during 2023–2030.

Based on country, the Europe autonomous mobile manipulator robots market is segmented into France, Germany, the UK, Italy, Russia, Sweden, Belgium, Netherlands, and the Rest of Europe. Our regional analysis states that Germany captured 26.3% share of Europe autonomous mobile manipulator robots market in 2023. It was assessed at US$ 31.54 million in 2023 and is likely to hit US$ 166.55 million by 2030, exhibiting a CAGR of 26.8% during the 2023-2030.

Key players operating in the Europe autonomous mobile manipulator robots market report Boston Dynamics Inc, Enabled Robotics ApS, Hans Laser Technology Co Ltd, JAG Jakob AG, Kuka AG, Neobotix GmbH, OMRON Corp, PAL Robotics SL, and Robotnik Automation SL, among others.

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