Middle East & Africa Warehouse Robotics Market Size & Outlook
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MEA warehouse robotics market highlights
- The MEA warehouse robotics market generated a revenue of USD 224.7 million in 2023.
- The market is expected to grow at a CAGR of 21.3% from 2024 to 2030.
- In terms of segment, mobile robots was the largest revenue generating product in 2023.
- Cartesian Robots is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 224.7 million |
| Market revenue in 2030 | USD 866.3 million |
| Growth rate | 21.3% (CAGR from 2023 to 2030) |
| Largest segment | Mobile robots |
| Fastest growing segment | Cartesian Robots |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mobile Robots, Articulated Robots, Cylindrical Robots, Scara Robots, Parallel Robots, Cartesian Robots |
| Key market players worldwide | ABB Ltd, Toyota Industries Corp, Daifuku Co Ltd, KION GROUP AG, Zebra Technologies Corp Class A, Honeywell International Inc, KNAPP AG, OMRON Corp, YASKAWA Electric Corp, Fanuc Corp, KUKA Robotics |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.6% of the global warehouse 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 1,227.7 million by 2030.
Mobile robots was the largest segment with a revenue share of 30% in 2023. Horizon Databook has segmented the Middle East & Africa warehouse robotics market based on mobile robots, articulated robots, cylindrical robots, scara robots, parallel robots, cartesian robots covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Africa warehouse robotics market is driven by rising automation demand from the e-commerce and food & beverages industries. In addition, increasing labor costs in the Middle East countries such as Saudi Arabia, the UAE, and Qatar fuel the demand for warehouse robotics in the region.
Moreover, South Africa is one of the largest economies in the region, with an emerging focus on robotics technologies to ease the management of goods and enhance logistics.
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Warehouse Robotics Market Scope
Warehouse Robotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| KNAPP AG | View profile | 1001-5000 | Radegund Bei Graz, Steiermark, Austria, Europe | https://www.knapp.com |
| KUKA Robotics | View profile | 5001-10000 | Augsburg, Bayern, Germany, Europe | https://www.kuka.com |
| YASKAWA Electric Corp | View profile | 15022 | 2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, Japan, 806-0004 | http://www.yaskawa.co.jp |
| Zebra Technologies Corp Class A | View profile | 9750 | 3 Overlook Point, Lincolnshire, IL, United States, 60069 | https://www.zebra.com |
| Toyota Industries Corp | View profile | 89245 | 2-1, Toyoda-cho, Kariya-shi, Aichi, Japan, 448-8671 | https://www.toyota-industries.com |
| Daifuku Co Ltd | View profile | 13020 | 3-2-11, Mitejima, Nishiyodogawa-ku,, Osaka, Japan, 555-0012 | http://www.daifuku.co.jp |
| KION GROUP AG | View profile | 42325 | Thea-Rasche-Strasse 8, Frankfurt am Main, HE, Germany, 60549 | https://www.kiongroup.com |
| Fanuc Corp | View profile | 11532 | 3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, Japan, 401-0597 | http://www.fanuc.co.jp |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| OMRON Corp | View profile | 28034 | Shiokoji Horikawa, Shimogyo-ku, Kyoto, Japan, 600-8530 | http://www.omron.co.jp |
Middle East & Africa Warehouse Robotics Market Outlook Share, 2023 & 2030 (US$M)
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