Middle East & Africa Pharmaceutical Robots Market Size & Outlook
Middle East & Africa pharmaceutical robots market, 2016-2030 (US$M)
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MEA pharmaceutical robots market highlights
- The MEA pharmaceutical robots market generated a revenue of USD 7.1 million in 2023.
- The market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, traditional robots was the largest revenue generating type in 2023.
- Collaborative Robots is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 7.1 million |
| Market revenue in 2030 | USD 13.4 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Traditional robots |
| Fastest growing segment | Collaborative Robots |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Traditional Robots, Collaborative Robots |
| Key market players worldwide | ABB Ltd, Teradyne Inc, Kawasaki Heavy Industries Ltd, YASKAWA Electric Corp, Fanuc Corp, Marchesini Group, Seiko Epson Corp, Denso Corp, Mitsubishi Electric Corp, KUKA Robotics |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.6% of the global pharmaceutical robots market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 43.2 million by 2030.
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Pharmaceutical Robots Market Scope
Pharmaceutical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa pharmaceutical robots 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 pharmaceutical robots market will help companies and investors design strategic landscapes.
Traditional robots was the largest segment with a revenue share of 63.38% in 2023. Horizon Databook has segmented the Middle East & Africa pharmaceutical robots market based on traditional robots, collaborative robots covering the revenue growth of each sub-segment from 2016 to 2030.
MEA region includes South Africa, which constituted a market share of 3.53% in 2020. It includes developing countries primarily working toward technological advancements and providing quality products. Advancements in automation, cloud computing, and system unification are creating the way for continuous production of Active Pharmaceutical Ingredients (API) with digital connectivity.
In addition, integration of these & other related technologies with traditional flow approaches and in-line automation is currently driving the Synthesis 4.0 revolution. Moreover, Robotics Association of South Africa (RASA) launched a Robotics Center initiative to increase research and promote collaborations pertaining to robotics in South Africa.
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Our clientele includes a mix of pharmaceutical robots market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa pharmaceutical robots market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa pharmaceutical robots market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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MEA pharmaceutical robots market size, by country, 2016-2030 (US$M)
Middle East & Africa Pharmaceutical Robots Market Outlook Share, 2023 & 2030 (US$M)
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