Product Code: ETC025358 | Publication Date: Jun 2023 | Updated Date: Nov 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Romania Robots Market registered a growth of 27.96% in value shipments in 2022 as compared to 2021 and a decrease of -7.14% CAGR in 2022 over a period of 2017. In Robots Market Romania is becoming more competitive as the HHI index in 2022 was 1427 while in 2017 it was 1561. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Romania has reportedly relied more on imports to meet its growing demand in Robots Market. Romania is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Robots Market in 2022 was 7.79 while in 2017 it was 2.93. Germany, Austria, Italy, Denmark and Ireland were among the top players of the market in 2022, where Germany acquired the largest market share of 28.63% with a shipment value of 9.27 million USD in 2022 Germany also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Robots Market. In 2017 Germany had the largest market share of 31.45% with the shipment value of 12.41 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although Germany offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Romania Robots Market in 2017.
The Romania robots market is expected to grow rapidly over the 2020-2026 period, with a steady CAGR of more than 41%. The rapid growth in the robotics market can be attributed mainly to increased government initiatives and investments in automation and artificial intelligence technologies. Furthermore, innovations such as autonomous robots and cloud-based solutions have encouraged businesses to invest heavily in robotic technology. Additionally, the growing presence of international players has enabled local companies to gain access to advanced technologies and expand their product offerings significantly.
The major factors driving growth in the Romanian robots market are increasing demand for automation across industries; rising number of startups focusing on developing innovative products; rising adoption of industrial robots by production centers; supportive policies from government authorities; significant technological advancements related to AI & ML applications; high investment potential among investors, venture capitalists & private equity firms; increasing usage of robot arms for precise operations in manufacturing units ;and large amount of data available through digitalization efforts.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Romania Robots Market Overview |
3.1 Romania Country Macro Economic Indicators |
3.2 Romania Robots Market Revenues & Volume, 2019 & 2026F |
3.3 Romania Robots Market - Industry Life Cycle |
3.4 Romania Robots Market - Porter's Five Forces |
3.5 Romania Robots Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Romania Robots Market Revenues & Volume Share, By Mobility, 2019 & 2026F |
3.7 Romania Robots Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Romania Robots Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Romania Robots Market Trends |
6 Romania Robots Market, By Types |
6.1 Romania Robots Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Romania Robots Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Romania Robots Market Revenues & Volume, By SCARA, 2016 - 2026F |
6.1.4 Romania Robots Market Revenues & Volume, By Cartesian, 2016 - 2026F |
6.1.5 Romania Robots Market Revenues & Volume, By Articulated, 2016 - 2026F |
6.1.6 Romania Robots Market Revenues & Volume, By Cylindrical, 2016 - 2026F |
6.1.7 Romania Robots Market Revenues & Volume, By Parallel, 2016 - 2026F |
6.2 Romania Robots Market, By Mobility |
6.2.1 Overview and Analysis |
6.2.2 Romania Robots Market Revenues & Volume, By Mobile Robotics , 2016 - 2026F |
6.2.3 Romania Robots Market Revenues & Volume, By Fixed Robotics, 2016 - 2026F |
6.3 Romania Robots Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Romania Robots Market Revenues & Volume, By Medical, 2016 - 2026F |
6.3.3 Romania Robots Market Revenues & Volume, By Entertainment, 2016 - 2026F |
6.3.4 Romania Robots Market Revenues & Volume, By Field, 2016 - 2026F |
6.3.5 Romania Robots Market Revenues & Volume, By Logistics, 2016 - 2026F |
6.3.6 Romania Robots Market Revenues & Volume, By Defense, 2016 - 2026F |
6.3.7 Romania Robots Market Revenues & Volume, By Public Safety, 2016 - 2026F |
6.3.8 Romania Robots Market Revenues & Volume, By Others, 2016 - 2026F |
6.3.9 Romania Robots Market Revenues & Volume, By Others, 2016 - 2026F |
7 Romania Robots Market Import-Export Trade Statistics |
7.1 Romania Robots Market Export to Major Countries |
7.2 Romania Robots Market Imports from Major Countries |
8 Romania Robots Market Key Performance Indicators |
9 Romania Robots Market - Opportunity Assessment |
9.1 Romania Robots Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Romania Robots Market Opportunity Assessment, By Mobility, 2019 & 2026F |
9.3 Romania Robots Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Romania Robots Market - Competitive Landscape |
10.1 Romania Robots Market Revenue Share, By Companies, 2019 |
10.2 Romania Robots Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |