Industrial Robotics - Netherlands

Netherlands

Revenue in the Industrial Robotics market is projected to reach €167.10m in 2024.
Other industry robotics dominates the market with a projected market volume of €57.48m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of -4.52%, resulting in a market volume of €132.60m by 2029.
In global comparison, most revenue will be generated in China (€1,490,000.00k in 2024).

Key regions: France, Italy, United States, South Korea, United Kingdom

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Analyst Opinion

The Industrial Robotics market in the Netherlands is facing a decline in growth rate due to factors such as saturation in the Automotive and Electric/Electronic industries and slow adoption in the Food and Chemical industries. However, rising demand for automation and cost-cutting measures in the Metal industry are expected to drive growth in the overall market. This trend is also influenced by increasing awareness and convenience of using digital technologies in the country.

Customer preferences: The rising demand for automation and efficiency in the manufacturing sector has led to an increased adoption of industrial robotics in the Netherlands. With a growing emphasis on sustainability and reducing labor costs, companies are turning to robotic solutions for their production processes. This trend is also driven by the aging population and the need for safer working conditions. Additionally, the integration of AI and machine learning capabilities in industrial robots is expected to further drive market growth.

Trends in the market: In the Netherlands, the Industrial robotics market is experiencing a surge in the adoption of collaborative robots (cobots) in manufacturing industries. This trend is driven by the need for flexible and cost-effective automation solutions, as well as the rise of Industry 4.0. The significance of this trend lies in the potential to improve production efficiency and reduce labor costs. However, it also raises concerns about job displacement and the need for upskilling workers to handle and collaborate with cobots. Additionally, there is a growing demand for autonomous mobile robots (AMRs) in logistics and warehousing, with the potential to revolutionize supply chain processes. This trend is expected to continue as companies seek to optimize their operations and improve their competitive edge. Industry stakeholders must adapt to these changes and invest in training and integrating cobots and AMRs into their operations to stay ahead in the market.

Local special circumstances: In the Netherlands, the Industrial robotics market is thriving due to the country's strong focus on sustainable and innovative technologies. The Dutch government has implemented favorable policies and incentives to encourage the adoption of industrial robots, leading to a high level of automation in manufacturing processes. Additionally, the country's small size and highly skilled workforce have made it a prime location for testing and implementing new robotics solutions, creating a fertile ground for growth and innovation in the market.

Underlying macroeconomic factors: The Industrial robotics market in the Netherlands is heavily influenced by macroeconomic factors such as the country's strong economy, favorable business climate, and government support for innovation and advanced technologies. The Netherlands has a highly skilled workforce and a robust manufacturing sector, making it an ideal market for industrial robotics. Additionally, the country's investments in research and development, as well as its favorable tax policies, have further contributed to the growth of the industrial robotics market in the Netherlands. Furthermore, the increasing demand for automation and the need to improve productivity and efficiency in industries such as automotive, electronics, and food and beverage are driving the growth of the market in the country.

Methodology

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.