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.
Free Valuable Insights: The Worldwide Automation Components Market is Projected to reach USD 211.5 Billion by 2029, at a CAGR of 9.1%
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
Key Market Players
List of Companies Profiled in the Report:
- 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.)
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
TABLE 1 Europe Automation Components Market, 2019 - 2022, USD Million
TABLE 2 Europe Automation Components Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automation Components Market
TABLE 4 Product Launches And Product Expansions– Automation Components Market
TABLE 5 Acquisition and Mergers– Automation Components Market
TABLE 6 Europe Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 7 Europe Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 8 Europe Motors Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Motors Market by Country, 2023 - 2029, USD Million
TABLE 10 Europe Gears Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Gears Market by Country, 2023 - 2029, USD Million
TABLE 12 Europe Actuators Market by Country, 2019 - 2022, USD Million
TABLE 13 Europe Actuators Market by Country, 2023 - 2029, USD Million
TABLE 14 Europe Bearing Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Bearing Market by Country, 2023 - 2029, USD Million
TABLE 16 Europe Sensors Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Sensors Market by Country, 2023 - 2029, USD Million
TABLE 18 Europe Locating Pins Market by Country, 2019 - 2022, USD Million
TABLE 19 Europe Locating Pins Market by Country, 2023 - 2029, USD Million
TABLE 20 Europe Bushing & Coupling Market by Country, 2019 - 2022, USD Million
TABLE 21 Europe Bushing & Coupling Market by Country, 2023 - 2029, USD Million
TABLE 22 Europe Linear Shafts & Guides Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Linear Shafts & Guides Market by Country, 2023 - 2029, USD Million
TABLE 24 Europe Rollers Market by Country, 2019 - 2022, USD Million
TABLE 25 Europe Rollers Market by Country, 2023 - 2029, USD Million
TABLE 26 Europe Screws Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe Screws Market by Country, 2023 - 2029, USD Million
TABLE 28 Europe Stages Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe Stages Market by Country, 2023 - 2029, USD Million
TABLE 30 Europe Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 31 Europe Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 32 Europe Automotive Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Automotive Market by Country, 2023 - 2029, USD Million
TABLE 34 Europe Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe Consumer Electronics Market by Country, 2023 - 2029, USD Million
TABLE 36 Europe Chemical Market by Country, 2019 - 2022, USD Million
TABLE 37 Europe Chemical Market by Country, 2023 - 2029, USD Million
TABLE 38 Europe Food & Beverage Market by Country, 2019 - 2022, USD Million
TABLE 39 Europe Food & Beverage Market by Country, 2023 - 2029, USD Million
TABLE 40 Europe Pharmaceutical Market by Country, 2019 - 2022, USD Million
TABLE 41 Europe Pharmaceutical Market by Country, 2023 - 2029, USD Million
TABLE 42 Europe Semiconductors Market by Country, 2019 - 2022, USD Million
TABLE 43 Europe Semiconductors Market by Country, 2023 - 2029, USD Million
TABLE 44 Europe Packaging Market by Country, 2019 - 2022, USD Million
TABLE 45 Europe Packaging Market by Country, 2023 - 2029, USD Million
TABLE 46 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 47 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 48 Europe Automation Components Market by Country, 2019 - 2022, USD Million
TABLE 49 Europe Automation Components Market by Country, 2023 - 2029, USD Million
TABLE 50 Germany Automation Components Market, 2019 - 2022, USD Million
TABLE 51 Germany Automation Components Market, 2023 - 2029, USD Million
TABLE 52 Germany Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 53 Germany Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 54 Germany Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 55 Germany Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 56 UK Automation Components Market, 2019 - 2022, USD Million
TABLE 57 UK Automation Components Market, 2023 - 2029, USD Million
TABLE 58 UK Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 59 UK Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 60 UK Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 61 UK Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 62 France Automation Components Market, 2019 - 2022, USD Million
TABLE 63 France Automation Components Market, 2023 - 2029, USD Million
TABLE 64 France Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 65 France Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 66 France Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 67 France Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 68 Russia Automation Components Market, 2019 - 2022, USD Million
TABLE 69 Russia Automation Components Market, 2023 - 2029, USD Million
TABLE 70 Russia Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 71 Russia Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 72 Russia Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 73 Russia Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 74 Spain Automation Components Market, 2019 - 2022, USD Million
TABLE 75 Spain Automation Components Market, 2023 - 2029, USD Million
TABLE 76 Spain Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 77 Spain Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 78 Spain Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 79 Spain Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 80 Italy Automation Components Market, 2019 - 2022, USD Million
TABLE 81 Italy Automation Components Market, 2023 - 2029, USD Million
TABLE 82 Italy Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 83 Italy Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 84 Italy Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 85 Italy Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 86 Rest of Europe Automation Components Market, 2019 - 2022, USD Million
TABLE 87 Rest of Europe Automation Components Market, 2023 - 2029, USD Million
TABLE 88 Rest of Europe Automation Components Market by Component, 2019 - 2022, USD Million
TABLE 89 Rest of Europe Automation Components Market by Component, 2023 - 2029, USD Million
TABLE 90 Rest of Europe Automation Components Market by Industry, 2019 - 2022, USD Million
TABLE 91 Rest of Europe Automation Components Market by Industry, 2023 - 2029, USD Million
TABLE 92 Key Information – Bosch Rexroth AG
TABLE 93 Key Information –AB SKF
TABLE 94 Key Information – Emerson Electric Co.
TABLE 95 Key Information – Nidec Corporation
TABLE 96 Key Information – Parker Hannifin Corporation
TABLE 97 Key information – Rockwell Automation, Inc.
TABLE 98 Key Information – Shanghai KGG Robots Co., Ltd.
TABLE 99 Key Information – Automotion Components Ltd
TABLE 100 Key Information – Stock Drive Products/Sterling Instrument
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Acquisition and Mergers: 2019, Feb – 2023, Feb) Leading Players
FIG 5 Swot analysis: Robert Bosch GmbH
FIG 6 Recent strategies and developments: AB SKF
FIG 7 Recent strategies and developments: Emerson Electric Co.
FIG 8 Recent strategies and developments: Nidec Corporation
FIG 9 Recent strategies and developments: Rockwell Automation, Inc.