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Used and Refurbished Robots Market in Europe 2017-2021

Used and Refurbished Robots Market in Europe 2017-2021

About Used and Refurbished Robots

Used and refurbished robots are disassembled, inspected, tested for replacement of any mechanical/electrical component, and then reassembled back to their original state. These robots are also called reconditioned robots. Used and refurbished robots market in Europe is segmented on the basis of application, end-user, and geography. In the wake of transforming manufacturing processes worldwide, industrial robots are gaining a lot of traction from industrial users. The introduction of Industry 4.0 by the German government to revolutionize the production is the primary factor due to which artificial intelligence is implemented across factories.

Technavio’s analysts forecast the used and refurbished robots market in Europe to grow at a CAGR of 6.66% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the used and refurbished robots market in Europe for 2017-2021. To calculate the market size, the report considers the sales and installation of used and refurbished robots with software and hardware components.

The market is divided into the following segments based on geography:

  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Sweden
  • Finland
  • Denmark
Technavio's report, Used and Refurbished Robots Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Autotech Robotics
  • Eurobots
  • Global Robots
  • IRS Robotics
  • Robo Traders
Other prominent vendors
  • CyberWeld
  • IRSA ROBOTICS
  • Surplex
  • RESER
  • RobotShop
Market driver
  • Price benefits over new industrial robots
  • For a full, detailed list, view our report
Market challenge
  • Higher maintenance cost than new industrial robots
  • For a full, detailed list, view our report
Market trend
  • Adoption of collaborative robots
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Used and Refurbished Robots Market in Europe 2017-2021

Technavio recognizes the following companies as the key players in the used and refurbished robots market in Europe: Autotech Robotics, Eurobots, Global Robots, IRS Robotics, and Robo Traders.

Other Prominent Vendors in the market are: CyberWeld, IRSA ROBOTICS, and Surplex.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Adoption of collaborative robots. The disruptive innovation of industrial robots has resulted in the reduction of industrial workers on a larger scale. To optimize industrial operations with the integration of less-expensive methods providing automation and safety to industrial workers, collaborative robots have witnessed a surge in demand. Traditional robots used in industries were caged, which would restrict industrial workers' interaction with robots.”

According to the report, one of the major drivers for this market is Price benefits over new industrial robots. To ensure quality production, industries are adopting industrial robots that are efficient, easy to install, and reliable. System integrators procure used robots that have been installed for at most 10 years and can be reconditioned. These robots undergo regular testing so that they are able to work for hours without frequent breakdowns. In the testing process, system integrators deploy these robots to perform a repetitive task for a minimum of 20 hours. The process to check these reconditioned robots is rigorous, in order to understand their feasibility when they are installed for jobs in industries. The damaged parts are replaced by new components, which ensures a seamless work experience when installed in industries.

Further, the report states that one of the major factors hindering the growth of this market is Higher maintenance cost than new industrial robots. Used and refurbished robots involve the replacement of damaged parts and components. Also, these robots are used for approximately 10 years in an industry, due to which they experience extensive wear and tear of components. Therefore, the incorporation of reconditioned robots in industries may involve high maintenance cost due to frequent maintenance and repairing of components. Reconditioned robots may also witness frequent breakdown when compared with new industrial robots.

Companies Mentioned

Autotech Robotics, Eurobots, Global Robots, IRS Robotics, and Robo Traders, CyberWeld, IRSA ROBOTICS, and Surplex.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Features of used and refurbished robots
  • Market landscape
    • Market overview
      • Table Used and refurbished robots market in Europe
      • Table Supply chain analysis of used and refurbished robots market in Europe
    • Used and refurbished robots market in Europe
      • Table Used and refurbished robots market in Europe 2016-2021 ($ millions)
      • Table Factors driving market growth of used and refurbished robots in Europe
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Used and refurbished robots market in Europe by application 2016 and 2021(% revenue)
    • Used and refurbished robots market in Europe by assembly line
      • Table Used and refurbished robots market in Europe by assembly line 2016-2021($ millions)
    • Used and refurbished robots market in Europe by material handling and logistics
      • Table Used and refurbished robots market in Europe by material handling and logistics2016-2021 ($ millions)
    • Used and refurbished robots market in Europe by welding
      • Table Used and refurbished robots market in Europe by welding 2016-2021 ($ millions)
    • Used and refurbished robots market in Europe by painting
      • Table Used and refurbished robots market in Europe by painting 2016-2021 ($ millions)
  • Market segmentation by end-user
    • Market overview
      • Table Used and refurbished robots market in Europe by end-user 2016 and 2021(% revenue)
      • Table Contribution of industrial robots and artificial intelligence in industries
    • Used and refurbished robots market in Europe by automotive industry
      • Table Used and refurbished robots market in Europe by automotive industry 2016-2021($ millions)
    • Used and refurbished robots market in Europe by electronics and electrical industry
      • Table Used and refurbished robots market in Europe by electronics and electrical industry2016-2021 ($ millions)
    • Used and refurbished robots market in Europe by heavy machinery industry
      • Table Used and refurbished robots market in Europe by heavy machinery industry2016-2021 ($ millions)
    • Used and refurbished robots market in Europe by other industries
      • Table Used and refurbished robots market in Europe by other industries 2016-2021($ millions)
  • Market segmentation by geography
    • Market overview
      • Table Used and refurbished robots market by geography 2016 and 2021 (% revenue)
    • Used and refurbished robots market in Germany
      • Table Used and refurbished robots market in Germany 2016-2021 ($ millions)
    • Used and refurbished robots market in UK
      • Table Used and refurbished robots market in UK 2016-2021 ($ millions)
    • Used and refurbished robots market in France
      • Table Used and refurbished robots market in France 2016-2021 ($ millions)
    • Used and refurbished robots market in Italy
      • Table Used and refurbished robots market in Italy 2016-2021 ($ millions)
      • Table Contribution of Italy to robotics
    • Used and refurbished robots market in Spain
      • Table Used and refurbished robots market in Spain 2016-2021 ($ millions)
    • Used and refurbished robots market in other countries
      • Table Used and refurbished robots market in other countries 2016-2021 ($ millions)
  • Decisio n framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Adoption of collaborative robots
      • Table Features of collaborative robots
    • Growth of robotics rental market
    • Integration of artificial intelligence to attain high precision and just-in-time
  • Vendor landscape
    • Competition overview
      • Table Scenario of used and refurbished robots market in Europe
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Autotech Robotics
    • Eurobots
      • Table Eurobots: Used and refurbished robots
    • Global Robots
    • IRS Robotics
    • RoboTraders
  • Appendix
    • List of abbreviations
  • Explore Technavio

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