Middle East & Africa Industrial Robotics Market Size & Outlook
Middle East & Africa industrial robotics market, 2018-2030 (US$M)
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MEA industrial robotics market highlights
- The MEA industrial robotics market generated a revenue of USD 1,146.3 million in 2023.
- The market is expected to grow at a CAGR of 20.8% from 2024 to 2030.
- In terms of segment, electrical/electronics was the largest revenue generating end use in 2023.
- Chemical, Rubber, & Plastics is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,146.3 million |
| Market revenue in 2030 | USD 4,293.8 million |
| Growth rate | 20.8% (CAGR from 2023 to 2030) |
| Largest segment | Electrical/electronics |
| Fastest growing segment | Chemical, Rubber, & Plastics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, Electrical/Electronics, Metal/Heavy Machinery, Chemical, Rubber, & Plastics, Food |
| Key market players worldwide | ABB Ltd, YASKAWA Electric Corp, Mitsubishi Electric Corp, KUKA Robotics, Fanuc Corp, Denso Corp, Kawasaki Heavy Industries Ltd, OMRON Corp, Nachi Fujikoshi, Stellantis NV |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.8% of the global industrial robotics market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 4,293.8 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Industrial Robotics Market Scope
Industrial Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa industrial robotics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial robotics market will help companies and investors design strategic landscapes.
Electrical/electronics was the largest segment with a revenue share of 26.04% in 2023. Horizon Databook has segmented the Middle East & Africa industrial robotics market based on automotive, electrical/electronics, metal/heavy machinery, chemical, rubber, & plastics, food covering the revenue growth of each sub-segment from 2018 to 2030.
Besides, supportive government initiatives to encourage the adoption of robotics and automation technology are strongly driving the market growth. Some of the prominent examples of such initiatives include Emirates Robotics Competition, introduction of the Dubai Robotics and Automation Program, and the first Roboday event conducted on January 18, 2023.
Additionally, the region has favorable foreign investment policies which are expected to attract key players to the region and explore the potential of the regional market.
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Our clientele includes a mix of industrial robotics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa industrial robotics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa industrial robotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA industrial robotics market size, by country, 2018-2030 (US$M)
Middle East & Africa Industrial Robotics Market Outlook Share, 2023 & 2030 (US$M)
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