Report Code : A290316
The middle east mobile robotics market trends is expected to experience significant growth in the coming years, due to the increase in need for safety for human life and surge in adoption of smart technologies in automation industry
Nilay Sen Lead Analyst
Semiconductor and Electronics at Allied Market Research
According to a recent report published by Allied Market Research, titled, “Middle East Mobile Robotics Market By Type, End Use Industry, and Country: Opportunity Analysis and Industry Forecast, 2023-2032”, the middle east mobile robotics market size was valued at $115.3 million in 2022, and is projected to reach $1,477.0 million by 2032, registering a CAGR of 28.5% from 2023 to 2032.
Technological developments and the growth in need for automation in a variety of industries are driving the Middle East's mobile robotics market's rapid expansion and change. The use of fully or partially autonomous robots that can move and function in various contexts without continual human supervision is known as mobile robotics. The region's dedication to innovation and digitization has resulted in a notable increase in the adoption of this industry.
The Middle East has been a major catalyst in the deployment of mobile robots in a variety of industries, such as manufacturing, logistics, healthcare, and defense, in recent years. The strategic positioning of the area as a worldwide economic hub has created a demand for automated and efficient solutions to improve productivity and optimize operations. Middle Eastern businesses are beginning to see how mobile robotics may improve operations and provide them a competitive advantage.
The market for mobile robots is expected to develop steadily as long as the Middle East keeps funding technical innovation and infrastructure. Mobile robots are expected to have a significant impact on the direction of automation in the area, with a particular emphasis on improving operational efficiency, cutting labor costs, and tackling particular sector difficulties. Governments, corporations, and tech companies working together are propelling the creation and uptake of innovative mobile robotic solutions in a variety of industries, establishing the Middle East as a vibrant center for robotics innovation and integration.
The middle east mobile robotics market is segmented on the basis of type, end use industry and country. On the basis of type, the market is categorized into automated guided vehicles and autonomous mobile robots. The end use industry covered in the study include logistics & warehousing, manufacturing, healthcare, retail, and others. Based on country, the middle east mobile robotics market analysis is carried out across Dubai, Saudi Arabia, and Rest of Middle East.
The demand surge during the covid-19 pandemic had a significant impact on the middle east mobile robotics market growth, spurring innovation, and technological advancements. Manufacturers accelerated production to meet the growing demand, and there was a notable focus on improving accuracy, resolution, and ease of integration. The pandemic emphasized the importance of these cameras in maintaining a safe and productive environment, leading to a shift in perception regarding their end use industry beyond traditional uses, thus driving sustained growth in the market.
Key Findings of the Study:
On the basis of type, the autonomous mobile robots segment generated the highest revenue in 2022.
On the basis of end use industry, logistics and warehousing segment generated the highest revenue in 2022.
By country, the rest of Middle East segment accounted for the largest market share in 2022.
The middle east mobile robotics market share is dominated by key players such as Geek+, Quicktron, ForwardX Robotics, GreyOrange Pte. Ltd., iRobot Corporation, Lockheed Martin Corporation, Softbank Group Corp., Teradyne Inc., Locus Robotics Corporation, Fetch Robotics, Omron Automation, and Mobile Industrial Robots. These players have adopted various strategies to increase their market penetration and strengthen their position in the middle east mobile robotics industry.
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Middle East Mobile Robotics Market By Type (Automated Guided Vehicles and Autonomous Mobile Robots), End Use Industry (Logistics & Warehousing, Manufacturing, Healthcare, Retail, and Others) and Country (Dubai, Saudi Arabia and Rest of Middle East): Opportunity Analysis and Industry Forecast, 2023-2032
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