Middle East & Africa Automotive Robotics Market Size & Outlook
The automotive robotics market in Middle East & Africa is expected to reach a projected revenue of US$ 1,023.0 million by 2030. A compound annual growth rate of 19.8% is expected of Middle East & Africa automotive robotics market from 2024 to 2030.
Revenue, 2023 (US$M)
$288.7
Forecast, 2030 (US$M)
$1,023.0
CAGR, 2024 - 2030
19.8%
Report Coverage
Middle East & Africa
Middle East & Africa automotive robotics market, 2018-2030 (US$M)
MEA automotive robotics market highlights
- The MEA automotive robotics market generated a revenue of USD 288.7 million in 2023.
- The market is expected to grow at a CAGR of 19.8% from 2024 to 2030.
- In terms of segment, articulated was the largest revenue generating product in 2023.
- Articulated is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 288.7 million |
| Market revenue in 2030 | USD 1,023.0 million |
| Growth rate | 19.8% (CAGR from 2023 to 2030) |
| Largest segment | Articulated |
| Fastest growing segment | Articulated |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Articulated |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.2% of the global automotive robotics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 1,597.8 million by 2030.
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Automotive Robotics Market Scope
Automotive robotics market segmentation & scope
End Use
Handling
Welding
Assembling
Painting
Dispensing
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
South Korea
Australia
Brazil
UAE
Saudi Arabia
South Africa
Automotive Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa automotive robotics market
Related regional statistics
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