Industrial Robotics - France | Statista Market Forecast

Revenue in the Industrial Robotics market is projected to reach US$376.80m in 2024.
Automotive industry robotics dominates the market with a projected market volume of US$108.80m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of -0.02%, resulting in a market volume of US$376.40m by 2029.
In global comparison, most revenue will be generated China (US$1.62bn in 2024).

Definition:

The Industrial Robotics market covers use cases that focus on the design, manufacturing, and deployment of robotic systems for industrial applications. The market encompasses the use of robots and automation technologies in manufacturing processes, assembly lines, and other industrial settings. This is to improve productivity, efficiency, and precision.

A robot is defined as a powered machine that is programmable on two or more axes and has some degree of autonomy; it moves within its environment to perform its programmed tasks.

The top five industries that use robotics are the automotive, chemical, metal, electronic, and food industries; however, other industries are also implementing various robotics use cases, but not on the same scale as these top five.

Structure:

The Industrial Robotics market is further split into Automotive Industry Robotics, Chemical Industry Robotics, Electric/Electronic Industry Robotics, Food Industry Robotics, Metal Industry Robotics, and Other Industry Robotics.

Additional information:

The market comprises revenues, volume, and the average price per newly installed robot. It also includes the share of collaborative robots, as well as a list of the key players in the market and their consolidated revenues. The market displays both B2B and B2C revenues, and the revenue is based on the country’s demand for robots. It is shown in manufacturer prices. Software revenues are not included, as industrial robots are mostly used with specific software solutions that belong to the company that deploys them.

Key players in the market include ABB, Epson Robotics, Midea Group, and Yaskawa Electric Corporation.

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Automotive Industry Robotics
Chemical Industry Robotics
Electric/Electronic Industry Robotics
Food Industry Robotics
Metal Industry Robotics
Other Industry Robotics

robots used in non-industrial environments

The Industrial Robotics market in France is facing subdued decline due to various factors such as slow growth in the Automotive, Chemical, Electric/Electronic, Food, Metal and Other industries. However, the market is expected to experience significant growth in the coming years, driven by increasing adoption of robotics technology, growing industrial automation, and rising demand for cost-effective and efficient manufacturing processes.

Customer preferences: As automation continues to transform industries, there is a growing demand for advanced industrial robotics in France. This trend is driven by the need for increased efficiency, precision, and safety in manufacturing processes. Additionally, the country's aging population and shrinking workforce have also led to a rise in the adoption of robots for tasks that are physically demanding or hazardous. With a strong emphasis on sustainability and innovation, French companies are also investing in collaborative robots to work alongside human workers in a more flexible and adaptable manner.

Trends in the market: In France, the Industrial robotics market is experiencing a surge in collaborative robots, also known as cobots, which work alongside humans on the factory floor. This trend is driven by the need for flexible and safe automation solutions in the manufacturing industry. Additionally, there is a growing interest in the use of artificial intelligence and machine learning in industrial robotics, allowing for more efficient and precise production processes. These advancements are significant for industry stakeholders as they can improve productivity, reduce costs, and enhance workplace safety. However, it also raises concerns about job displacement and the need for upskilling workers to operate and maintain these advanced systems.

Local special circumstances: In France, the Industrial robotics market is heavily influenced by the country's strong manufacturing industry, with a focus on precision and high-quality production. Additionally, the French government has implemented policies to promote the adoption of automation and robotics in industries, providing incentives and subsidies to companies. On the cultural front, the French value innovation and efficiency, making them early adopters of new technologies. However, the strict labor laws and high labor costs in France have also led to a significant demand for industrial robotics, as they can help reduce labor costs and improve productivity.

Underlying macroeconomic factors: The growth of the Industrial robotics market in France is heavily influenced by macroeconomic factors such as technological advancements, government support, and investment in manufacturing infrastructure. The country's strong economic health and favorable regulatory environment have attracted significant investments in the robotics industry, leading to a robust market growth. Moreover, the increasing adoption of automation in various industries, driven by the rising labor costs and demand for efficiency, is further propelling the growth of the Industrial robotics market in France.

Data coverage:

The data encompasses B2B and B2C revenues. Figures are based on the country’s demand for robotics in manufacturer prices.

Modeling approach / Market size:

Market sizes are determined through a regional bottom-up approach, and further detailed by a top-down rationale for each market segment. As a basis for evaluating markets, we use trade data of the respective economic sector. Furthermore, we use relevant key market indicators such as level of automation and digitization or the economy composition to estimate each country's specialization in demand and supply. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques but primarly exponential smoothing. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Despite the frightening, almost Terminator-esque, way the phrase “there are robots everywhere” might sound, the increased use of robotics has been a boon to both consumers and enterprises worldwide. The industrial robot market has seen steady growth across the globe and is expected to continue growing as automation becomes ever more vital to businesses. This stems largely from mechanical automation, reducing production costs and improving efficiency. This increased demand due to greater automation, especially in the United States and Europe, is likely to mean that the price increase per robot unit will remain modest.