Analysis - by Component (Hardware and Software & Services), Type (Picking Robots, Self-Driving Forklifts, and Autonomous Inventory Robots), and End Use (Manufacturing and Distribution & Warehousing)
No. of Pages:119
Report Code:
BMIRE00029003
Category:
Electronics and Semiconductor
Middle East & Africa Autonomous Mobile Robots Market
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; it is estimated to grow at a CAGR of 23.5% from 2022 to 2030.
Introduction of Advanced and Smart AMR fuel the Middle East & Africa Autonomous Mobile Robots Market
Autonomous mobile robots (AMMR) mounted with a robot arm are examples of advanced and intelligent AMR. AMMRs are increasingly gaining traction due to their ability to efficiently pick up and move things on a mobile platform in logistics, retail, healthcare, automobile, aerospace, and other sectors. They can recognize objects, and perform pick-and-place, assembly, packing, sorting, and other tasks without human intervention. The market for AMMRs is still in a developing phase due to their higher cost than AMRs. However, the rising adoption of these robots is credited to the increasing awareness of their ability to maximize operational efficiency, minimize error, and increase productivity output.
The rising factory automation that enhances the productivity and quality of the output while decreasing the overall production cost triggers the adoption of AMMRs across industries such as automotive and manufacturing. These advanced robots guarantee consistent and superior-quality results, and they can especially be deployed to fulfill mass production requirements in different industries to ensure improved quality, minimal human intervention, and lesser labor expenses.
Middle East & Africa Autonomous Mobile Robots Market Overview
The Middle East & Africa autonomous mobile robots market is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The above countries in the region are adopting factory automation and smart working techniques to enhance their manufacturing capabilities. Saudi Arabia is automating 4,000 factories to curb reliance on low-skilled workers. Also, the Ministry of Industry and Mineral Resources has launched The Future Factories Program to build a robust tech ecosystem for transforming the country's manufacturing sector. Similarly, the UAE is focusing on the Fourth Industrial Revolution (4IR) or Industry 4.0 to increase productivity and provide more innovative products using automated systems. Thus, the Middle East & Africa is advancing toward automation through such initiatives, which is likely to favor the growth of the autonomous mobile robots market in the region.
Middle East & Africa Autonomous Mobile Robots Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Autonomous Mobile Robots Market Segmentation
The Middle East & Africa autonomous mobile robots market is segmented based on component, type, end use, and country. Based on component, the Middle East & Africa autonomous mobile robots market is bifurcated into hardware and software & services. The hardware navigation segment held a larger market share in 2022.
Based on type, the Middle East & Africa autonomous mobile robots market is segmented into picking robots, self-driving forklifts, and autonomous inventory robots. The picking robots segment held the largest market share in 2022.
Based on end use, the Middle East & Africa autonomous mobile robots market is bifurcated into manufacturing and distribution & warehousing. The distribution & warehousing segment held a larger market share in 2022.
Based on country, the Middle East & Africa autonomous mobile robots market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa autonomous mobile robots market share in 2022.
ABB Ltd; Milvus Robotics; Geekplus Technology Co Ltd; OMRON Corp; and Teradyne Inc are some of the leading companies operating in the Middle East & Africa autonomous mobile robots market.
Middle East & Africa Autonomous Mobile Robots Market Strategic Insights
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Middle East & Africa Autonomous Mobile Robots Market Segmentation Analysis
Middle East & Africa Autonomous Mobile Robots Market Report Highlights
Middle East & Africa Autonomous Mobile Robots Report Scope
Report Attribute
Details
Market size in 2022
US$ 16.89 Million
Market Size by 2030
US$ 91.58 Million
CAGR (2022 - 2030)
23.5%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Component
Hardware and Software & Services
By Type
Picking Robots
Self-Driving Forklifts
Autonomous Inventory Robots
By End Use
Manufacturing and Distribution & Warehousing
Regions and Countries Covered
Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East and Africa
Market leaders and key company profiles
ABB Ltd
Geekplus Technology Co Ltd
Milvus Robotics
OMRON Corp
Teradyne Inc
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Middle East & Africa Autonomous Mobile Robots Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - Middle East & Africa Autonomous Mobile Robots Market
ABB Ltd
Geekplus Technology Co Ltd
Milvus Robotics
OMRON Corp
Teradyne Inc
Frequently Asked Questions
How big is the Middle East & Africa Autonomous Mobile Robots Market?
The Middle East & Africa Autonomous Mobile Robots Market is valued at US$ 16.89 Million in 2022, it is projected to reach US$ 91.58 Million by 2030.
What is the CAGR for Middle East & Africa Autonomous Mobile Robots Market by (2022 - 2030)?
As per our report Middle East & Africa Autonomous Mobile Robots Market, the market size is valued at US$ 16.89 Million in 2022, projecting it to reach US$ 91.58 Million by 2030. This translates to a CAGR of approximately 23.5% during the forecast period.
What segments are covered in this report?
The Middle East & Africa Autonomous Mobile Robots Market report typically cover these key segments-
Component (Hardware and Software & Services)
Type (Picking Robots, Self-Driving Forklifts, Autonomous Inventory Robots)
End Use (Manufacturing and Distribution & Warehousing)
What is the historic period, base year, and forecast period taken for Middle East & Africa Autonomous Mobile Robots Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Autonomous Mobile Robots Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in Middle East & Africa Autonomous Mobile Robots Market?
The Middle East & Africa Autonomous Mobile Robots Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
ABB Ltd
Geekplus Technology Co Ltd
Milvus Robotics
OMRON Corp
Teradyne Inc
Who should buy this report?
The Middle East & Africa Autonomous Mobile Robots Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Middle East & Africa Autonomous Mobile Robots Market value chain can benefit from the information contained in a comprehensive market report.
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