AI Robotics - EMEA

The AI Robotics market in EMEA is experiencing significant growth, fueled by factors such as increasing adoption of digital technologies, rising awareness about the benefits of AI, and the convenience of online services. The market's substantial growth rate can be attributed to the demand for AI Service Robotics and AI Industrial Robotics, driven by the need for automation and efficiency in various industries.

Customer preferences: Consumer adoption of AI-powered robotics solutions is on the rise in EMEA, driven by the region's strong manufacturing and automotive industries. In particular, there is a growing demand for collaborative robots that can work alongside humans in factories, warehouses, and other industrial settings. This trend is fueled by the need for increased efficiency, productivity, and safety in the workplace. Additionally, cultural values emphasizing precision and quality are driving the incorporation of AI robotics in production processes. As a result, EMEA is expected to witness significant growth in the AI robotics market in the coming years.

Trends in the market: In EMEA, the AI Robotics Market within the Artificial Intelligence Market is witnessing a surge in demand for collaborative robots that can work alongside humans, leading to increased safety and productivity in manufacturing and logistics industries. Additionally, there is a growing trend towards integrating AI with robotics, allowing for improved decision-making and autonomous capabilities. This trend is expected to continue, with advancements in machine learning and sensor technologies driving further innovation in the market. Industry stakeholders can expect increased competition and a shift towards more flexible and customizable robotics solutions.

Local special circumstances: In the EMEA region, the AI Robotics Market is influenced by the growing demand for advanced automation solutions in industries such as manufacturing, logistics, and healthcare. In Europe, the market is driven by strict regulations on labor and safety, pushing companies to invest in robotic solutions. In the Middle East, the rapid adoption of AI and robotics in industries like oil and gas is fueling market growth. In Africa, the market is driven by the need to bridge the technology gap and improve productivity in various sectors.

Underlying macroeconomic factors: The growth of the AI Robotics market is heavily influenced by macroeconomic factors such as technological advancements, government support, and investment in research and development. Countries with favorable regulatory environments and strong investment in AI and robotics technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing demand for automation and efficiency in industries such as manufacturing, healthcare, and transportation is driving the adoption of AI robotics solutions. Furthermore, the rise of smart cities and smart homes is also expected to contribute to the growth of the AI robotics market in EMEA.

Data coverage: The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the funding values from different industries for the market.

Modeling approach / Market size:Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use annual financial reports, funding data, and third-party data. In addition, we use relevant key market indicators and data from country-specific associations such as GDP, number of internet users, number of secure internet servers, and internet penetration. This data helps us estimate the market size for each country individually.

Forecasts:In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are the level of digitalization, the number of secure internet servers, and the revenue of the Public Cloud market.

Additional Notes: The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russian-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the market is updated on an ad-hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is weighted for representativeness.