At 9.2% CAGR, the Middle East & Africa Industrial Robotics Market is Projected to be worth US$ 871.73 million by 2030, says Business Market Insights

According to Business Market Insights research, the Middle East & Africa industrial robotics market was valued at US$ 429.59 million in 2022 and is expected to reach US$ 871.73 million by 2030, registering a CAGR of 9.2% from 2022 to 2030. Advancements in automation and industry 4.0 and increase in demand in emerging markets are the critical factors attributed to the Middle East & Africa industrial robotics market expansion.

Several governments worldwide have enacted strict automotive emission and fuel economy legislation standards. These standards aim to improve the overall efficiency of vehicles and reduce their carbon footprint. In order to meet the standards in limited time companies are adopting automation in their production lines. Owing to this, the number of active industrial robots worldwide is increasing by ~14% year on year, and automation is creating new types of robots with increased utility and function. Future factories will certainly have machines and humans working side by side to meet consumer demand—a new reality for which business owners should be prepared. This leads to increased production and less human fatigue and reduce overtime hours.

Industry 4.0 refers to the present industrial revolution, driven by advancements in robotics, automation, and the Internet of Things (IoT). The growth of industrial IoT and artificial intelligence is likely to significantly impact robots. New maintenance tactics, more autonomous robots, and new collaborative robotics technologies are made possible by Industry 4.0 technology. Industrial robots and Industry 4.0 technologies can help revolutionize companies over the next few years by streamlining machine management and automating operations that were previously done by human hands. The Middle East & Africa industrial robotics market is growing from past decade due to the rise in global automation and the acceptance of industry 4.0 work models.  

On the contrary, lack of skilled workforce hurdles the growth of Middle East & Africa industrial robotics market.

Based on types, the Middle East & Africa industrial robotics market is segmented into articulated, cartesian, SCARA, collaborative, parallel, and others. The articulated segment held 65.8% share of Middle East & Africa industrial robotics market in 2022, amassing US$ 282.53 million. It is projected to garner US$ 531.31 million by 2030 to expand at 8.2% CAGR during 2022–2030.

Based on function, the Middle East & Africa industrial robotics market is segmented into soldering and welding, material handling, assembling and disassembling, painting and dispensing, milling, and cutting and processing. The soldering and welding segment held 35.0% share of Middle East & Africa industrial robotics market in 2022, amassing US$ 150.41 million. It is projected to garner US$ 310.66 million by 2030 to expand at 9.5% CAGR during 2022–2030.

Based on industry, the Middle East & Africa industrial robotics market is segmented into automotive, medical and pharmaceuticals, electrical and electronics, rubber and plastics, metal and machinery, and food and agriculture. The automotive segment held 37.7% share of Middle East & Africa industrial robotics market in 2022, amassing US$ 161.82 million. It is projected to garner US$ 305.11 million by 2030 to expand at 8.3% CAGR during 2022–2030.  

Based on country, the Middle East & Africa industrial robotics market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 54.2% share of Middle East & Africa industrial robotics market in 2022. It was assessed at US$ 232.76 million in 2022 and is likely to hit US$ 458.31 million by 2030, exhibiting a CAGR of 8.8% during 2022–2030.     

Key players operating in the Middle East & Africa industrial robotics market are ABB Ltd, Fanuc Corp, Kawasaki Heavy Industries Ltd, Kuka AG, Mitsubishi Electric Corp, Seiko Epson Corp, Staubli International AG, Universal Robots AS, and Yaskawa Electric Corp, among others.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com