Middle East Mobile Robotics Market Thumbnail Image

2023

Middle East Mobile Robotics Market

Middle East Mobile Robotics Market By Type (Automated Guided Vehicles and Autonomous Mobile Robots), End Use Industry (Logistics & Warehousing, Manufacturing, Healthcare, Retail, and Others) and Country (Dubai, Saudi Arabia and Rest of Middle East): Opportunity Analysis and Industry Forecast, 2023-2032

Select an option
Author's: Nilay Sen| Bias Dey | Vineet Kumar
Publish Date:

Get Sample to Email

Middle East Mobile Robotics Market Statistics: 2032

The middle east mobile robotics market size was valued at $115.3 million in 2022, and is projected to reach $1,477.0 million by 2032, registering a CAGR of 28.5% from 2023 to 2032. Mobile robotics is the branch of science and technology, wherein developers create mobile robots. Mobile robots can move in any environment without the need for human intervention. Devices such as sensors, software, and other gears are used to control these robots. Robotic technology such as unmanned ground vehicles, unmanned aerial vehicles, and autonomous underwater vehicles are considered while studying mobile robotics under various industry verticals.

Middle East Mobile Robotics Market

Robotic technology is witnessing increased adoption in various commercial and industrial settings. For example, hospitals are now using autonomous mobile robots to move materials and track patient health. The military & defense sector uses professional service robots, which are deployed for combat scenarios. Moreover, mobile robotics enhance the soldier’s capabilities by giving troops an advantage at the ground level. In addition, field robots, professional service robots, are used in this sector for a variety of functions such as carrying heavy equipment, operating in life-threating situations to protect soldiers, and rescuing wounded soldiers in combat zones.

With advancements in robotics technology and increased flexibility in the use of robotics, robots cover a wide range of applications in the healthcare industry. Robots are used in hospitals, clinics, pharmaceutical companies, and by medical device manufacturers. The application of mobile robotics in healthcare industry includes drugs transportation, specimen delivery, pick & place, and patient care.

Factors such as the increase in need for safety for human life and rise in demand of mobile robotics from online retailers are expected to drive the growth of the market in the future. However, high initial acquisition cost and challenges faced by mobile robots while working in untested environments act as major barriers and hamper market growth. On the contrary, factors such as emergence of industry 4.0 into logistics & warehousing and surge in adoption of mobile robotics in the agricultural sector are expected to offer lucrative opportunities for the market globally.

Middle East Mobile Robotics Market
By Type
Your browser does not support the canvas element.

Autonomous Mobile Robot segment will dominate the market during 2023 - 2032

Segment Overview

The middle east mobile robotics market is segmented on the basis of type, end use industry and country. On the basis of type, the market is categorized into automated guided vehicles and autonomous mobile robots. The end use industry covered in the study include logistics & warehousing, manufacturing, healthcare, retail, and others. On the basis of country, the market is analyzed across Dubai, Saudi Arabia, and rest of Middle East.

Competitive Analysis

Competitive analysis and profiles of the major middle east mobile robotics market players that have been provided in the report include Geek+, Quicktron, ForwardX Robotics, GreyOrange Pte. Ltd., iRobot Corporation, Lockheed Martin Corporation, Softbank Group Corp., Teradyne Inc., Locus Robotics Corporation, Fetch Robotics, Omron Automation, and Mobile Industrial Robots.

Middle East Mobile Robotics Market
By End Use Industry
Your browser does not support the canvas element.

Logistics and Warehousing segment will lead the market throughout the forecast period

Top Impacting Factors

Significant factors that impact the middle east mobile robotics market growth include increase in need for safety for human life and surge in adoption of smart technologies in automation industry. However, high initial acquisition cost acts as a prime barrier for early adoption, which hampers growth of the market. On the contrary, emergence of Industry 4.0 in warehouse and logistics is expected to offer potential growth opportunities for the mobile robotics market growth during the forecast period.

Historical Data and Information

The middle east mobile robotics industry is highly competitive, owing to the strong presence of existing vendors. Vendors of the middle east mobile robotics market with extensive technical and financial resources are expected to gain a competitive advantage over their competitors because they can cater to market demands. The competitive environment in this market is expected to worsen as technological innovations, product extensions, and different strategies adopted by key vendors increase.

Middle East Mobile Robotics Market
By Country
2032
Rest Of Middle East 
Dubai
Saudi Arabia

Dubai will exhibit the highest CAGR of 29.9% during the forecast period

Key Developments/Strategies

Geek+, Quicktron, ForwardX Robotics, GreyOrange Pte. Ltd., iRobot Corporation, Lockheed Martin Corporation, Softbank Group Corp., Teradyne Inc., Locus Robotics Corporation, Fetch Robotics, Omron Automation, and Mobile Industrial Robots are the top companies holding a prime share in the middle east mobile robotics market. Top market players have adopted various strategies, such as product development, partnership, and expansion to expand their foothold in the middle east mobile robotics market opportunity.

  • In February 2023, Geek+ announced the opening of the robotic fulfilment center in Saudi Arabia. Over 250 Geek+ robots, covering both goods-to-person picking and order sorting processes, are deployed in a new facility covering over 400,000 sq. ft., with storage capacity for over 12 million units.
  • In May 2023, Lockheed Martin extended its partnership with Saudi Arabia’s King Fahd University of Petroleum & Minerals (KFUPM) by sponsoring technical graduation projects by its students for the second consecutive year. This initiative strengthens the company’s ongoing commitment to fostering science, technology, engineering, and mathematics (STEM) skills among Saudi youth in aerospace and defense sector by increasing the pipeline of highly skilled Saudi scientists and engineers.
  • In December 2022, OMRON announced a strategic partnership with WIDA General Trading in the Middle East, as part of an expansion plan in EMEA area. It promotes and supports Zero defect concept, enabling touchless SMD process with 3D SPI, 3D AOI and 3D-CT AXI product range.
  • In November 2021, RobotLAB Inc., a SoftBank Robotics distributor expanded the distribution territory from the Americas to the Middle East. Under the terms of the expansion, RobotLAB provided NAO robots and also provided marketing, technical support and repairs, user training and curricula for education and robot management system for commercial customers throughout the Middle East.

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the middle east mobile robotics market share along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall middle east mobile robotics market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current middle east mobile robotics market forecast is quantitatively analyzed from 2022 to 2032 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the middle east mobile robotics market.
  • The report includes the market share of key vendors and middle east mobile robotics market trends.

Middle East Mobile Robotics Market Report Highlights

Aspects Details
Middle East Mobile Robotics Market By Type
By Type
  • Automated Guided Vehicles
  • Autonomous Mobile Robots
Middle East Mobile Robotics Market By End Use Industry
By End Use Industry
  • Logistics & Warehousing
  • Manufacturing
  • Healthcare
  • Retail
  • Others
Middle East Mobile Robotics Market By Country
By Country
  • Dubai
  • Saudi Arabia
  • Rest of Middle East
Key Market Players
Key Market Players

GreyOrange Pte. Ltd., Mobile Industrial Robots, Teradyne Inc., Lockheed Martin Corporation, Fetch Robotics, Locus Robotics Corporation, Quicktron, ForwardX Robotics, Softbank Group Corp., Omron Automation, Geek+, iRobot Corporation

Analyst Review

According to the insights of the CXOs of leading companies, the middle east mobile robotics market possesses high growth potential, owing to increased adoption of mobile robotics in the healthcare, military & defense, and entertainment industries. In addition, the increase in R&D investments by key players to deploy enhanced specifications in the product portfolio fuels the growth of the market. Companies are projected to indulge in mergers, collaborations, and partnerships to make the most use of technology, which is further projected to propel market growth.

The mobile robotics market is gaining traction in the Middle East, owing to rise in need for safety among workers in the workplace, increase in demand for online retailers, which creates demand for mobile logistics robots, and emergence of industry 4.0 into logistics & warehousing. In addition, a rise in R&D investments by key players is expected to drive the growth of the mobile robotics market in the coming years.

The middle east mobile robotics market provides numerous growth opportunities to the market players such as Geek+, Quicktron, ForwardX Robotics, GreyOrange Pte. Ltd., iRobot Corporation, Lockheed Martin Corporation, Softbank Group Corp., Teradyne Inc., Locus Robotics Corporation, Fetch Robotics, Omron Automation, and Mobile Industrial Robots. Several companies are investing heavily in the R&D of mobile robots or to acquire companies that have launched mobile robots by creating competitive strengths through faster and high heavyweight carrying capacity robots.

Author Name(s) : Nilay Sen| Bias Dey | Vineet Kumar
Frequently Asked Questions?

The Middle East Mobile Robotics Market is estimated to grow at a CAGR of 28.5% from 2023 to 2032.

The Middle East Mobile Robotics Market is projected to reach $1,477.0 million by 2032.

Increase in need for safety for human life?and surge in adoption of smart technologies in automation industry etc. boost the market growth.

The key players profiled in the report include Geek+, Quicktron, ForwardX Robotics, GreyOrange Pte. Ltd., iRobot Corporation, and many more.

On the basis of top growing big corporations, we select top 10 players.

The Middle East Mobile Robotics Market is segmented on the basis of type, end use industry and country.

The key growth strategies of Middle East Mobile Robotics market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

Autonomous Mobile Robot segment will grow at a highest CAGR of 29.1% during the forecast period.

Logistics and Warehousing segment will dominate the market during 2023 - 2032.

Loading Table Of Content...

Middle East Mobile Robotics Market

Opportunity Analysis and Industry Forecast, 2023-2032