At 23.5% CAGR, the Middle East & Africa Autonomous Mobile Robots Market is Projected to be worth US$ 91.58 million by 2030, says Business Market Insights

According to Business Market Insights’ research, the Middle East & Africa autonomous mobile robots market was valued at US$ 16.89 million in 2022 and is expected to reach US$ 91.58 million by 2030, registering a CAGR of 23.5% from 2022 to 2030. Proliferation of E-Commerce industry and growing demand for automated systems are the critical factors attributed to the Middle East & Africa autonomous mobile robots market expansion.

There is a rise in demand for AMRs in the healthcare, hospitality, and agriculture sectors, among others. In the healthcare sector, AMRs gained traction during the COVID-19 pandemic. The robots were deployed to perform critical tasks such as disinfection, telepresence, and delivery of medication and medical supplies by creating a safer environment for healthcare workers and patients and lowering the probability of the spread of SARS-CoV-2. According to Intel, the growing population would generate the need to produce 50% of more food by 2050. Thus, to maximize the yield, agricultural companies are adopting AMRs to boost productivity, improve outcomes, and overcome challenges associated with labor shortages. In June 2022, Continental AG announced a partnership with Octiva, a Dutch company, for the development of mobile robots for horticulture applications. This partnership was aimed to create a platform for greenhouse automation. Thus, such expansion projects to support R&D activities and help market players develop technologies for various industry-specific applications would further fuel the Middle East & Africa autonomous robot market growth during the forecast period. This is expected to drive the Middle East & Africa autonomous mobile robots market during the forecast period.

On the contrary, high cost of autonomous mobile robots hurdles the growth of Middle East & Africa autonomous mobile robots market. 

Based on component, the Middle East & Africa autonomous mobile robots market is bifurcated into hardware and software & services. The hardware segment held 91.7% market share in 2022, amassing US$ 16.40 million. It is projected to garner US$ 88.62 million by 2030 to expand at 23.5% CAGR during 2022–2030.

Based on type, the Middle East & Africa autonomous mobile robots market is categorized into picking robots, self-driving forklifts, and autonomous inventory robots. The picking robots segment held 54.9% share of Middle East & Africa autonomous mobile robots market in 2022, amassing US$ 9.28 million. It is projected to garner US$ 47.19 million by 2030 to expand at 22.5% CAGR during 2022–2030.

Based on end use, the Middle East & Africa autonomous mobile robots market is bifurcated into manufacturing and distribution & warehousing. The distribution & warehousing segment held 51.1% share of Middle East & Africa autonomous mobile robots market in 2022, amassing US$ 8.63 million. It is projected to garner US$ 48.84 million by 2030 to expand at 24.2% CAGR during 2022–2030.

Based on country, the Middle East & Africa autonomous mobile robots market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa.  Our regional analysis states that the UAE captured 31.1% share of Middle East & Africa autonomous mobile robots market in 2022. It was assessed at US$ 5.24 million in 2022 and is likely to hit US$ 24.44 million by 2030, exhibiting a CAGR of 21.2% during 2022–2030.            

Key players operating in the Middle East & Africa autonomous mobile robots market are ABB Ltd; Milvus Robotics; Geekplus Technology Co Ltd; OMRON Corp; and Teradyne Inc, among others.

• In July 2023, ABB and Microsoft collaborate to bring generative AI to industrial applications.
• In Jan 2021, Teradyne and Syntiant Collaborate to Significantly Shorten Time to Market for Innovative Artificial Intelligence Neural Decision Processors.

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