Robotics Market in Middle East by Application and Geography - Forecast and Analysis 2021-2025
- Published: Jun 2021
- Pages: 120
- SKU: IRTNTR44150
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Robotics Market in Middle East - 2021-2025
The robotics market size in Middle East is expected to reach a value of USD 385.74 million at a CAGR of 4.75%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as growing demand for the robotic automation process are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.
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Robotics Market Segments in Middle East
Navigate through market segmentation by application (services and industrial) and geography (Saudi Arabia, the UAE, Egypt (Arab Republic of Egypt), Qatar, and rest of Middle East) in this robotics market report of Middle East to pursue growth opportunities.
Get actionable insights on the robotics market segments in Middle East to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic robotics market predictions in Middle East on-demand changes for 2021-2025? You can buy the report now with one easy click.
Robotics Market Vendors in Middle East and Competitive Analysis
The robotics market in the Middle East is fragmented and the vendors are deploying various organic and marketing growth strategies to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.
The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.
Buy the full robotics market forecast report of Middle East for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.
Robotics Market Insights in Middle East by Application
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The robotics market share growth in Middle East by the services segment will be significant during the forecast period. This can be attributed to factors such as increasing demand for robotic surgeries, government support for integration of robotics in hospitals and healthcare facilities, growing digitization, development and adoption of logistic robots in supply chain and logistics services, and rising demand for smart robots in retail and hospitality sectors. This report provides an accurate prediction of the contribution of all the segments to the growth of the robotics market size in Middle East.
From the robotics market segmentation insights of Middle East, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.
Robotics Market Drivers & Trends in Middle East
While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding robotics market growth in Middle East is high cost associated with robotic systems. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.
Robotic industrial automation is changing the process of manufacturing and production in the industrial sector. Moreover, robotic process automation has created significant traction in the GCC. The economy in the Middle East is dependent on oil and is facing challenges due to fluctuating oil prices. This has increased the focus on cost rationalization and operational efficiency in the public and private sectors. Thus, robotic process automation is gaining traction in the region as it is efficient and safer. Additionally, the demand for automation processes through robots has increased in the healthcare and hospitality sector due to the outbreak of COVID-19. Governments in the region are integrating advanced technologies in their services to combat the spread of COVID-19. Thus, the increase in demand for automation of processes in the industrial, banking, hospitality, and healthcare sectors will drive the demand for robotics in the Middle East.
The increasing adoption of robotics in diverse fields of application will influence market growth in the Middle East. Robotics is used in different industries, including healthcare, hospitality, logistics, automotive, defense, and oil and gas. The use of robots makes processes faster and more efficient. Thus, the adoption of robotics is increasing in different application areas in the Middle East. For instance, in March 2020, Emirates Global Aluminium (EGA) announced that it would use a semi-autonomous robot concept designed and built by Abu Dhabi University's students at its smelters. The semi-autonomous robot concept will be used to capture thermal images of pot shells at EGA's reduction area, reducing EGA technicians' exposure to heat. Moreover, the growing emphasis on social distancing will be one of the major factors boosting the demand for mobile robots in the healthcare and hospitality sectors.
This robotics market analysis report of Middle East provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.
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Robotics Market Report Outlook of Middle East
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive robotics market growth in Middle East during the next five years
- Precise estimation of the robotics market size in the Middle East and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the robotics market across Saudi Arabia, UAE, Egypt (Arab Republic of Egypt), Qatar, and Rest of Middle East
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of robotics market vendors in Middle East
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Services - Market size and forecast 2020-2025
- Industrial - Market size and forecast 2020-2025
- Market opportunity by Application
- Customer landscape
- Geographic segmentation
- Geographic comparison
- Saudi Arabia - Market size and forecast 2020-2025
- UAE - Market size and forecast 2020-2025
- Egypt (Arab Republic of Egypt) - Market size and forecast 2020-2025
- Qatar - Market size and forecast 2020-2025
- Rest of Middle East - Market size and forecast 2020-2025
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- DENSO Corp.
- KUKA AG
- LG Electronics Inc.
- Mitsubishi Electric Corp.
- NACHI-FUJIKOSHI Corp.
- OMRON Corp.
- Seiko Epson Corp.
- SoftBank Robotics Group Corp.
- Yaskawa Electric Corp.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Saudi Arabia
- Egypt (Arab Republic of Egypt)
- Growing demand for robotic automation process
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