Product Code: ETC025379 | Publication Date: Jul 2023 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia is the largest market for robotics in the Middle East. The Saudi Arabia government has undertaken a number of initiatives to boost the country??s economy and promote industrial automation, which has led to rapid growth in robot sales and installations over the past few years. This trend is expected to continue as companies are increasingly investing in robotic technology for their production processes due to its ability to reduce costs while increasing efficiency.
The primary driver behind the growth of robots in Saudi Arabia is increased demand from various manufacturing sectors including automotive, electronics, textiles, food processing, pharmaceuticals and chemicals. Additionally, rising adoption of Industry 4.0 technologies such as artificial intelligence (AI), cloud computing and internet-of-things (IoT) have enabled more efficient automated production processes that require less labor. Moreover, numerous government initiatives such as Vision 2030 and National Industrial Development & Logistics Program (NIDLP) are supporting robotics development by providing financial support through subsidies and tax breaks for investments related to automation technologies.
Despite these developments there are still a number of challenges facing the industry including lack of skilled personnel capable of managing robotic systems effectively along with limited access to financing solutions that cover robot purchases or installation costs for small businesses or individuals who cannot afford them upfront. Additionally continued low oil prices have impacted budgets allocated towards industrial automation projects which could limit further investments into this sector thus hindering its rate of growth going forward despite promising prospects otherwise .
The Covid-19 pandemic had a significant impact on all aspects economic life Saudi Arabia resulting reduction consumer spending postponement investment plans disruption supply chains etc however long term outlook robotics still remains positive particularly post pandemic when businesses start focus rebuilding operations future proofing them against potential similar occurrences . Increased application RPA associated cost savings furthermore.
Key players operating in the Saudi Arabia robots market include ABB Ltd., KUKA AG, Fanuc Corporation, Robert Bosch GmbH., Yaskawa Electric Corporation among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Robots Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Robots Market Revenues & Volume, 2020 & 2030F |
3.3 Saudi Arabia Robots Market - Industry Life Cycle |
3.4 Saudi Arabia Robots Market - Porter's Five Forces |
3.5 Saudi Arabia Robots Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Saudi Arabia Robots Market Revenues & Volume Share, By Mobility, 2020 & 2030F |
3.7 Saudi Arabia Robots Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 Saudi Arabia Robots Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Robots Market Trends |
6 Saudi Arabia Robots Market, By Types |
6.1 Saudi Arabia Robots Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Robots Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Saudi Arabia Robots Market Revenues & Volume, By SCARA, 2020-2030F |
6.1.4 Saudi Arabia Robots Market Revenues & Volume, By Cartesian, 2020-2030F |
6.1.5 Saudi Arabia Robots Market Revenues & Volume, By Articulated, 2020-2030F |
6.1.6 Saudi Arabia Robots Market Revenues & Volume, By Cylindrical, 2020-2030F |
6.1.7 Saudi Arabia Robots Market Revenues & Volume, By Parallel, 2020-2030F |
6.2 Saudi Arabia Robots Market, By Mobility |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Robots Market Revenues & Volume, By Mobile Robotics , 2020-2030F |
6.2.3 Saudi Arabia Robots Market Revenues & Volume, By Fixed Robotics, 2020-2030F |
6.3 Saudi Arabia Robots Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Robots Market Revenues & Volume, By Medical, 2020-2030F |
6.3.3 Saudi Arabia Robots Market Revenues & Volume, By Entertainment, 2020-2030F |
6.3.4 Saudi Arabia Robots Market Revenues & Volume, By Field, 2020-2030F |
6.3.5 Saudi Arabia Robots Market Revenues & Volume, By Logistics, 2020-2030F |
6.3.6 Saudi Arabia Robots Market Revenues & Volume, By Defense, 2020-2030F |
6.3.7 Saudi Arabia Robots Market Revenues & Volume, By Public Safety, 2020-2030F |
6.3.8 Saudi Arabia Robots Market Revenues & Volume, By Others, 2020-2030F |
6.3.9 Saudi Arabia Robots Market Revenues & Volume, By Others, 2020-2030F |
7 Saudi Arabia Robots Market Import-Export Trade Statistics |
7.1 Saudi Arabia Robots Market Export to Major Countries |
7.2 Saudi Arabia Robots Market Imports from Major Countries |
8 Saudi Arabia Robots Market Key Performance Indicators |
9 Saudi Arabia Robots Market - Opportunity Assessment |
9.1 Saudi Arabia Robots Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Saudi Arabia Robots Market Opportunity Assessment, By Mobility, 2020 & 2030F |
9.3 Saudi Arabia Robots Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 Saudi Arabia Robots Market - Competitive Landscape |
10.1 Saudi Arabia Robots Market Revenue Share, By Companies, 2023 |
10.2 Saudi Arabia Robots Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |