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MARKET OUTLOOK

According to Triton’s research report estimates, the Middle East and Africa industrial robots market is predicted to display a growth trend at a compound annual growth rate of 9.51% through the considered phase 2021-2028. South Africa, Turkey, the United Arab Emirates, Saudi Arabia, and Rest of Middle East & Africa outline the market in this region.

In South Africa, the food manufacturing sector is actively adopting robots to ensure quick and efficient production. Furthermore, in January 2020, Aerobotics raised a significant amount to scale its AI-for-agriculture platform. Other than this, Hotel Sky in Johannesburg became the first hotel to employ robot staff members. This surge in the adoption of robots across multiple sectors is projected to create several growth opportunities for the industrial robots market in South Africa over the next few years. 

Considering Qatar, the rising investments in robotics, especially in healthcare, education, and sports, have fueled the demand for robotics. Earlier, Al Khalij Commercial Bank introduced human-like robots capable of carrying out customer service operations efficiently. Furthermore, during the COVID-19 outbreak, Hamad International Airport employed robots with short-wavelength ultraviolet light for disinfection purposes. This reliance on robots ensured social distancing rules for people. Therefore, such developments in robotics innovations boost the industrial robots market on a progressive path within Qatar. 

COMPETITIVE OUTLOOK

Major companies in the industrial robots market comprise Yamaha Robotics, Mitsubishi Electric Corporation, Seiko Epson Corporation, Rockwell Automation Inc, Universal Robots, Aurotek Corporation, and Staubli International AG.