At 28.6% CAGR, Middle East & Africa Collaborative Robots Market is Projected to be Worth US$ 747.99 Million by 2031, says Business Market Insights

According to Business Market Insights research, the Middle East & Africa collaborative robots market was valued at US$ 100.21 million in 2023 and is anticipated to reach US$ 747.99 million by 2031, registering a CAGR of 28.6% from 2023 to 2031. Government support for the development and deployment of robotics and rapid expansion in the manufacturing industry is among the critical factors attributed to drive the Middle East & Africa collaborative robots market growth.

Governments of several nations worldwide are taking initiatives to support and promote the development and adoption of robotics in their respective countries. In February 2024, Alat, a company established by Saudi Arabia's Public Investment Fund, formed a strategic partnership with SoftBank Group to manufacture advanced industrial robots in Riyadh. The joint venture aims to invest up to US$150 million in a fully automated manufacturing and engineering hub. The goal is to export robots globally by May 2025. Further, in 2022, the Dubai Robotics and Automation Program was launched. The initiative aims to increase the robotics sector's contribution to Dubai’s GDP to 9% by 2032. The program plans to deploy 200,000 robots across various sectors, including services, logistics, and industry, to enhance efficiency and productivity. It focuses on developing advanced robotics technologies, empowering local talent, and generating innovative solutions. Thus, government initiatives and funding are supporting the growth of the collaborative robots market in the region.

On the flip side, the relatively slow production rate hampers the growth of Middle East & Africa collaborative robots market.

Based on payload, the Middle East & Africa collaborative robots market is segmented into 5–10 Kgs, upto 5 Kgs, and Above 10 Kgs. The 5–10 Kgs segment held 59.6% market share in 2023, amassing US$ 59.76 million. It is projected to garner US$ 419.48 million by 2031 to register 27.6% CAGR during 2023–2031.

In terms of application, the Middle East & Africa collaborative robots market is categorized into assembly, pick and place, material handling, quality testing, machine tending, welding, packaging, and others. The material handling segment held 20.8% share of Middle East & Africa collaborative robots market in 2023, amassing US$ 20.86 million. It is anticipated to garner US$ 194.21 million by 2031 to expand at 32.2% CAGR during 2023–2031.

By type, the Middle East & Africa collaborative robots market is segmented into robotic arm, welding guns, grippers, and others. The robotic arm segment held 52.9% share of Middle East & Africa collaborative robots market in 2023, amassing US$ 53.00 million. It is projected to garner US$ 426.72 million by 2031 to expand at 29.8% CAGR from 2023 to 2031.

Based on end-user industry, the Middle East & Africa collaborative robots market is segmented into automotive, electronics, metal and machinery, food and beverage, logistics, pharmaceuticals, and others. The automotive segment held 29.1% share of Middle East & Africa collaborative robots market in 2023, amassing US$ 29.11 million. It is predicted to garner US$ 195.17 million by 2031 to expand at 26.9% CAGR between 2023 and 2031.

By functionality, the Middle East & Africa collaborative robots market is bifurcated into static robot and mobile robot. The static robot segment held 98.7% share of Middle East & Africa collaborative robots market in 2023, amassing US$ 98.93 million. It is estimated to garner US$ 737.29 million by 2031 to expand at 28.5% CAGR during 2023–2031.

Based on country, the Middle East & Africa collaborative robots market is categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 63.2% share of Middle East & Africa collaborative robots market in 2023. It was assessed at US$ 63.34 million in 2023 and is likely to hit US$ 450.58 million by 2031, registering a CAGR of 27.8% during 2023–2031.

Key players operating in the collaborative robots market are ABB Ltd; Agile Robot SE; Aubo (Beijing) Robotics Technology Co Ltd; Azenta, Inc.; Bosch Rexroth AG; Comau SpA; Denso Corp; Doosan Robotics Inc; ESTUN AUTOMATION CO., LTD; Fanuc Corp; Kawasaki Heavy Industries Ltd; Kuka AG; OMRON Corp; Productive Robotics, LLC; Rethink Robotics GmbH; SIASUN Robot & Automation CO., Ltd; Svaya Robotics Pvt. Ltd.; Techman Robot Inc; Teradyne Inc; and Yaskawa America Inc, among others.

• In September 2024, Rethink Robotics makes a comeback at IMTS by introducing its Rethink Reacher (RE) line of cobots. Having a rich background in innovative technologies and being a reliable industry ally in improving productivity and safety, Rethink Robotics is re-emerging with a fresh company vision to provide superior products and solutions for the market.

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