South Africa Industrial Robotics Market Size & Outlook
South Africa industrial robotics market, 2018-2030 (US$M)
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South Africa industrial robotics market highlights
- The South Africa industrial robotics market generated a revenue of USD 263.1 million in 2023 and is expected to reach USD 1,002.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 21.1% 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.
Industrial robotics market data book summary
| Market revenue in 2023 | USD 263.1 million |
| Market revenue in 2030 | USD 1,002.2 million |
| Growth rate | 21.1% (CAGR from 2023 to 2030) |
| Largest segment | Electrical/electronics |
| Fastest growing segment | Chemical, Rubber, & Plastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Africa accounted for 0.9% of the global industrial robotics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa industrial robotics market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,002.2 million by 2030.
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Industrial Robotics Market Scope
Industrial Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
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South 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 25.96% in 2023. Horizon Databook has segmented the South 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.
The growth is attributed to the trend of robotics used in processes for automation and efficient production factors. Moreover, the growing chemical industry in the region is expected to increase the demand for robotics for dispensing application, cleanroom end use, among others.
Additionally, the country is integrating advanced technologies such as artificial intelligence, machine learning, IoT, and more in the industrial sector, which is expected to further grow the market for industrial robotics.
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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 country-level data and insights on the South Africa industrial robotics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa industrial robotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa industrial robotics market size, by end use, 2018-2030 (US$M)
South Africa Industrial Robotics Market Outlook Share, 2023 & 2030 (US$M)
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