Robotics Market in the Middle East to record a CAGR of almost 5% during 2021-2025 | Technavio
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The robotics market in the Middle East will have ABB Ltd., DENSO Corp., and KUKA AG as major participants during 2021-2025
NEW YORK, July 14, 2021 /PRNewswire/ -- Technavio has been monitoring the robotics market in the Middle East and it is poised to grow by USD 385.74 million during 2021-2025, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Top 3 Vendor Analysis of Robotics Market In Middle East
ABB Ltd.
The company offers robotics and innovative solutions for a diverse range of industries, from automotive to electronics to logistics.
DENSO Corp.
The company offers a wide range of robotics such as pharmaceutical robots, Cobotta, Intergrated Robots, MC8A and RC8A Controllers, 4 Axis robots, 5 and 6 Axis robots, and more.
KUKA AG
The company offers industrial robots in a wide range of versions with various payload capacities and reaches, combined with cutting-edge software and innovative controllers.
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Robotics Market In Middle East 2021-2025: Segmentation
Robotics market in middle east is segmented as below:
- Application
- Services
- Industrial
- Geography
- Saudi Arabia
- UAE
- Egypt (Arab Republic Of Egypt)
- Qatar
- Rest of the Middle East
The robotics market in Middle East is driven by the growing demand for robotic automation processes. In addition, the increasing adoption of robotics in diverse fields of application is expected to trigger the robotics market in the Middle East toward witnessing a CAGR of almost 5% during the forecast period.
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