Robotics - Netherlands

Netherlands

Revenue in the Robotics market is projected to reach US$1.01bn in 2024.
Service robotics dominates the market with a projected market volume of US$0.83bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 13.59%, resulting in a market volume of US$1.91bn by 2029.
In global comparison, most revenue will be generated in the United States (US$9,421.00m in 2024).

Key regions: United States, China, South Korea, Japan, Germany

Definition:

The Robotics market refers to the industry that encompasses the design, development, manufacturing, and deployment of robotic systems and technologies. It involves the creation of machines that perform tasks autonomously or with minimal human intervention. These machines, also known as robots, mimic human actions and/or perform specialized functions in various sectors. These sectors include manufacturing, healthcare, agriculture, logistics, defense, and entertainment.

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.

Structure:

The Robotics market shows the market size of robotics in industrial and service use cases. In Industrial Robotics, there are six distinct markets:

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

Service Robotics is further split into:

The Commercial Service Robotics market, which contains the Agriculture, Logistics, Medical and Other Service Robotics markets
The Consumer Service Robotics market, which contains the Domestic and Entertainment Robotics markets

Additional information:

Data includes revenues, volume, and the average price per newly installed robot. It also examines the level of automation, the share of collaborative robots, and investment in robotics, 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. Industrial Robotics does not include software revenues, as industrial robots are mostly used with specific software solutions that belong to the company that deploys them. For Service Robotics, software revenues are considered, as service robots are mostly delivered with software solutions that have been implemented by the manufacturer.

Key players in the market include Kuka, ABB, Boston Dynamics, and Yaskawa Electric Corporation.

For more information on the data displayed, use the info button right next to the box.

Market

Region

Region comparison

Currency

Analyst Opinion

The Robotics Market in Netherlands is experiencing minimal growth, influenced by factors such as slow adoption of digital technologies, lack of awareness among consumers, and limitations of online services. This is evident in both the Industrial and Service sub-markets.

Customer preferences: With the rise of automation and advancements in technology, the Netherlands is witnessing a growing demand for robotics in various industries such as manufacturing, healthcare, and agriculture. This trend is driven by the need for increased efficiency, cost savings, and improved safety. Additionally, the country's aging population and shortage of skilled labor are further fueling the adoption of robotics. As a result, there is a growing emphasis on developing and integrating user-friendly and intuitive robotic systems that can be easily operated by individuals from diverse backgrounds.

Trends in the market: In the Netherlands, the Robotics Market is experiencing a surge in the adoption of collaborative robots, also known as cobots, in various industries. This trend is driven by the need for more flexible and efficient automation solutions, as well as advancements in artificial intelligence and sensor technologies. These cobots are able to work alongside humans, enhancing productivity and safety in the workplace. Furthermore, the Netherlands is also witnessing a rise in the use of autonomous robots in logistics and transportation, enabled by the country's strong infrastructure and supportive government policies. These trends are expected to continue, with implications for industry stakeholders such as manufacturers, suppliers, and end-users, who will need to adapt to this changing landscape and explore the potential of these technologies for their businesses.

Local special circumstances: In the Netherlands, the Robotics Market is thriving due to the country's highly developed technological infrastructure and government support for innovation. The market is also influenced by the country's focus on sustainability and automation, with a strong emphasis on integrating robotics into various industries such as healthcare, agriculture, and logistics. Furthermore, the Netherlands has a highly educated workforce and a culture of collaboration, which has contributed to the growth of the Robotics Market through successful partnerships between universities, research institutes, and companies.

Underlying macroeconomic factors: The Robotics Market in Netherlands is heavily impacted by macroeconomic factors such as technological advancements, government policies, and financial stability. With a strong focus on innovation and technology, Netherlands has a thriving robotics industry that is supported by favorable regulatory environments and government investment. Additionally, the country's stable economic health and sound fiscal policies create a conducive environment for companies to invest and grow. Moreover, the growing demand for automation and the need for efficient production processes in various industries are driving the demand for robotics in Netherlands. This trend is further fueled by the aging population and the need for advanced healthcare solutions, leading to an increased adoption of robotics in the healthcare sector.

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.