Europe Automation Components Market Size, Share & Industry Trends Analysis Report By Component, By Industry (Automotive, Consumer Electronics, Chemical, Food & Beverage, Pharmaceutical, Semiconductors, Packaging), By Country and Growth Forecast, 2023 - 2
Description
Europe Automation Components Market Size, Share & Industry Trends Analysis Report By Component, By Industry (Automotive, Consumer Electronics, Chemical, Food & Beverage, Pharmaceutical, Semiconductors, Packaging), By Country and Growth Forecast, 2023 - 2029
The Europe Automation Components Market would witness market growth of 8.5% CAGR during the forecast period (2023-2029).
Linear guides are frequently employed when it comes to moving big objects. Additionally, it is anticipated that the resilient properties of linear guides—including their high durability, capabilities to withstand high loads depending on the application, reduced friction between blocks and rails, high precision accuracy, and equal loading—will play a significant role in the growth of their market share. In automation, various actuators are employed, such as electric motors, pneumatic cylinders, hydraulic cylinders, and piezoelectric actuators.
The application-specific criteria, such as the required force and speed to move the components, will determine the most suitable actuator. Robots can now carry out increasingly complicated tasks with improved accuracy & precision due to advancements in actuator technology. Additionally, robots can now adapt to changes in their surroundings and complete jobs more effectively due to intelligent actuators that integrate sensors and other cutting-edge technologies.
Due to the fact that Europe is a capital-intensive region, the demand for automation has expanded in a variety of industries, including the pharmaceutical industry. With increasing research & development activities in the medical and pharmaceutical industries and the development of technologies such as machine learning (ML), artificial intelligence (AI), and automation algorithms, the European pharmacy automation market is expected to expand at a rapid pace. In addition, as a result of government-sponsored investment programs for the pharmaceutical business, it is anticipated that the future of this sector will embrace the latest technology changes, such as pharmacy automation.
The Germany market dominated the Europe Automation Components Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $16,024.5 million by 2029. The UK market is anticipated to grow at a CAGR of 7.6% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 9.3% during (2023 - 2029).
Based on Component, the market is segmented into Motors, Gears, Actuators, Bearing, Sensors, Locating Pins, Bushing & Coupling, Linear Shafts & Guides, Rollers, Screws and Stages. Based on Industry, the market is segmented into Automotive, Consumer Electronics, Chemical, Food & Beverage, Pharmaceutical, Semiconductors, Packaging and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bosch Rexroth AG (Robert Bosch GmbH), AB SKF, Emerson Electric Co., Nidec Corporation, Parker Hannifin Corporation, Rockwell Automation, Inc., Shanghai KGG Robots Co., Ltd., Automotion Components Ltd (The Wixroyd Group) and Stock Drive Products/Sterling Instrument (Designatronics, Inc.)
Scope of the Study
Market Segments covered in the Report:
By Component
Motors
Gears
Actuators
Bearing
Sensors
Locating Pins
Bushing & Coupling
Linear Shafts & Guides
Rollers
Screws
Stages
By Industry
Automotive
Consumer Electronics
Chemical
Food & Beverage
Pharmaceutical
Semiconductors
Packaging
Others
By Country
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Companies Profiled
Bosch Rexroth AG (Robert Bosch GmbH)
AB SKF
Emerson Electric Co.
Nidec Corporation
Parker Hannifin Corporation
Rockwell Automation, Inc.
Shanghai KGG Robots Co., Ltd.
Automotion Components Ltd (The Wixroyd Group)
Stock Drive Products/Sterling Instrument (Designatronics, Inc.)
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Table of Contents
101 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Automation Components Market, by Component
- 1.4.2 Europe Automation Components Market, by Industry
- 1.4.3 Europe Automation Components Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 3.3.2 Key Strategic Move: (Acquisition and Mergers: 2019, Feb – 2023, Feb) Leading Players
- Chapter 4. Europe Automation Components Market by Component
- 4.1 Europe Motors Market by Country
- 4.2 Europe Gears Market by Country
- 4.3 Europe Actuators Market by Country
- 4.4 Europe Bearing Market by Country
- 4.5 Europe Sensors Market by Country
- 4.6 Europe Locating Pins Market by Country
- 4.7 Europe Bushing & Coupling Market by Country
- 4.8 Europe Linear Shafts & Guides Market by Country
- 4.9 Europe Rollers Market by Country
- 4.1 Europe Screws Market by Country
- 4.11 Europe Stages Market by Country
- Chapter 5. Europe Automation Components Market by Industry
- 5.1 Europe Automotive Market by Country
- 5.2 Europe Consumer Electronics Market by Country
- 5.3 Europe Chemical Market by Country
- 5.4 Europe Food & Beverage Market by Country
- 5.5 Europe Pharmaceutical Market by Country
- 5.6 Europe Semiconductors Market by Country
- 5.7 Europe Packaging Market by Country
- 5.8 Europe Others Market by Country
- Chapter 6. Europe Automation Components Market by Country
- 6.1 Germany Automation Components Market
- 6.1.1 Germany Automation Components Market by Component
- 6.1.2 Germany Automation Components Market by Industry
- 6.2 UK Automation Components Market
- 6.2.1 UK Automation Components Market by Component
- 6.2.2 UK Automation Components Market by Industry
- 6.3 France Automation Components Market
- 6.3.1 France Automation Components Market by Component
- 6.3.2 France Automation Components Market by Industry
- 6.4 Russia Automation Components Market
- 6.4.1 Russia Automation Components Market by Component
- 6.4.2 Russia Automation Components Market by Industry
- 6.5 Spain Automation Components Market
- 6.5.1 Spain Automation Components Market by Component
- 6.5.2 Spain Automation Components Market by Industry
- 6.6 Italy Automation Components Market
- 6.6.1 Italy Automation Components Market by Component
- 6.6.2 Italy Automation Components Market by Industry
- 6.7 Rest of Europe Automation Components Market
- 6.7.1 Rest of Europe Automation Components Market by Component
- 6.7.2 Rest of Europe Automation Components Market by Industry
- Chapter 7. Company Profiles
- 7.1 Bosch Rexroth AG (Robert Bosch GmbH)
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Acquisition and Mergers:
- 7.1.6 SWOT Analysis
- 7.2 AB SKF
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 Recent strategies and developments:
- 7.2.5.1 Product Launches and Product Expansions:
- 7.2.5.2 Acquisition and Mergers:
- 7.3 Emerson Electric Co.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 Recent strategies and developments:
- 7.3.5.1 Partnerships, Collaborations, and Agreements:
- 7.3.5.2 Product Launches and Product Expansions:
- 7.3.5.3 Acquisition and Mergers:
- 7.4 Nidec Corporation
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 Recent strategies and developments:
- 7.4.5.1 Product Launches and Product Expansions:
- 7.4.5.2 Acquisition and Mergers:
- 7.5 Parker Hannifin Corporation
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 Recent strategies and developments:
- 7.5.5.1 Partnerships, Collaborations, and Agreements:
- 7.5.5.2 Product Launches and Product Expansions:
- 7.6 Rockwell Automation, Inc.
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 Recent strategies and developments:
- 7.6.5.1 Product Launches and Product Expansions:
- 7.6.5.2 Acquisition and Mergers:
- 7.7 Shanghai KGG Robots Co., Ltd.
- 7.7.1 Company Overview
- 7.8 Automotion Components Ltd (The Wixroyd Group)
- 7.8.1 Company Overview
- 7.9 Stock Drive Products/Sterling Instrument (Designatronics, Inc.)
- 7.9.1 Company Overview
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