Middle East & Africa Vision Guided Robotics Software Market
No. of Pages: 110 | Report Code: BMIRE00030479 | Category: Technology, Media and Telecommunications
No. of Pages: 110 | Report Code: BMIRE00030479 | Category: Technology, Media and Telecommunications
The Middle East & Africa vision guided robotics software market was valued at US$ 154.31 million in 2022 and is expected to reach US$ 430.69 million by 2030; it is estimated to register a CAGR of 13.7% from 2022 to 2030. Focus on Developing Intuitive Programming Bolsters Middle East & Africa Vision Guided Robotics Software Market
Previously, vision guided robotics software developers used to develop their codes on a single platform. However, a behavioral shift by the developer toward a different platform for deploying this software owing to growing technological advancements and consumer requirements is anticipated. For instance, the robot operating system (ROS) is an open-source robot software framework that provides numerous debugging and development tools. ROS includes hardware abstraction, mapping, sensing, subordinate device control, detection, message transmission, package management, motion planning, and development environments. Approximately 20 organizations worldwide are collaborating on creating a robotic system using ROS. In addition to ROS, developers are deploying software linked to robotic systems on various platforms. iCub, open robot control software (OROCOS), open platform for robotic services (OPRoS), Microsoft Robotics Studio (MRSRS), and others are examples of robotic system frameworks. Developments in robotic vision technology and low-cost power processing capabilities are expected to be key trends in the market. Thus, the focus on developing intuitive programming interfaces can be very beneficial for the vision guided robotics software in the coming years.Middle East & Africa Vision Guided Robotics Software Market Overview
The Middle East & Africa comprises countries such as South Africa, Saudi Arabia, the UAE and the Rest of MEA. Due to rapid increase in commercialization and industrialization, which boost the demands for automated operations across various sectors, the adoption vision guided robotics software is increasing.
The MEA has rapidly adopted robotics across various industries. The region is also anticipated to increase its investment in robotics technology development. Countries such as the UAE and Saudi Arabia are adopting robotics to automate industries and manufacturing plants. The region is expected to witness high growth in commercial and service sectors of all verticals. Furthermore, the digital revolution is the major factor in the growth of the robotics industry in the MEA However, the vision guided robotics software industry is in a very nascent stage, and, at present, a few major international companies, such as KUKA and ABB Robotics, serve the industrial needs of the wider region. Hence, there are a lot of opportunities for entrepreneurs with little competition in the vision guided robotics software market in the M.E.A. For instance, the UAE is focusing on developing a new economy for the future, and it has prioritized its focus on robotics technology as one of the leading industries in which it is investing.
Middle East & Africa Vision Guided Robotics Software Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Middle East & Africa Vision Guided Robotics Software provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Vision Guided Robotics Software refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Vision Guided Robotics Software Strategic Insights
Middle East & Africa Vision Guided Robotics Software Report Scope
Report Attribute
Details
Market size in 2022
US$ 154.31 Million
Market Size by 2030
US$ 430.69 Million
Global CAGR (2022 - 2030)
13.7%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
By Technology
By Vertical
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Vision Guided Robotics Software Regional Insights
Middle East & Africa Vision Guided Robotics Software Market Segmentation
The Middle East & Africa vision guided robotics software market is categorized into type, technology, application, vertical, and country.
Based on type, the Middle East & Africa vision guided robotics software market is bifurcated into mobile robot and fixed robot. The fixed robot segment held a larger Middle East & Africa vision guided robotics software market share in 2022.
In terms of technology, the Middle East & Africa vision guided robotics software market is bifurcated into 2D vision guided and 3D vision guided. The 2D vision guided segment held a larger Middle East & Africa vision guided robotics software market share in 2022.
Based on application, the Middle East & Africa vision guided robotics software market is categorized into arc welding, assembly, cutting, palletizing & machine tending, navigation, random bin picking, collaborative robots, and others. The collaborative robots segment held the largest Middle East & Africa vision guided robotics software market share in 2022.
In terms of vertical, the Middle East & Africa vision guided robotics software market is categorized into automotive, electrical & electronics, aerospace, healthcare, transportation & logistics, food & beverages, and others. The electrical & electronics segment held the largest Middle East & Africa vision guided robotics software market share in 2022.
Based on country, the Middle East & Africa vision guided robotics software market is categorized into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa vision guided robotics software market share in 2022.
Fanuc Corp, Siemens AG, OMRON Corp, ABB Ltd, and Cognex Corp are some of the leading companies operating in the Middle East & Africa vision guided robotics software market.
1. Fanuc Corp
2. Siemens AG
3. OMRON Corp
4. ABB Ltd
5. Cognex Corp
The Middle East & Africa Vision Guided Robotics Software Market is valued at US$ 154.31 Million in 2022, it is projected to reach US$ 430.69 Million by 2030.
As per our report Middle East & Africa Vision Guided Robotics Software Market, the market size is valued at US$ 154.31 Million in 2022, projecting it to reach US$ 430.69 Million by 2030. This translates to a CAGR of approximately 13.7% during the forecast period.
The Middle East & Africa Vision Guided Robotics Software Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Vision Guided Robotics Software Market report:
The Middle East & Africa Vision Guided Robotics Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Vision Guided Robotics Software Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Vision Guided Robotics Software Market value chain can benefit from the information contained in a comprehensive market report.