The Latin America, Middle East and Africa Commercial Robots Market would witness market growth of 22.8% CAGR during the forecast period (2023-2029).
Robotics for commercial construction is automated tools that help with various tasks. The building and construction sector is always changing and advancing. Therefore, robotics used in commercial buildings have been very useful. This is due to the fact that robotics can improve process efficiency and help construction companies cope with the current labor scarcity.
Many investments have been made in the robotics industry due to the increased demand. According to the International Federation of Robotics (IFR), the construction of new auto assembly plants and the modernization of existing ones have increased the demand for robots. To expand production and improve the production of related vehicles, robots have been incorporated into manufacturing processes.
The Industry 4.0 revolution, which encourages businesses to use more innovative and automated solutions to improve their production processes, such as robotics and control systems, has sped up the rise of automation in several industries. Industry 4.0 essentials like communication and data are used extensively in robotics. To reduce the amount of money spent on labor, numerous businesses across the globe are automating warehouses with robotics.
Robotics and automation have improved manufacturing processes across several industries in the United Arab Emirates (UAE), such as the metal, automotive, and electrical sectors. To fulfill tasks relating to commerce, several top industrial enterprises also employ RaaS. The many renowned businesses there impact the country's extensive use of robotics. Rising robotics investments, particularly in healthcare, education, and sport, have increased the demand for robots in Qatar. The Hamad International Airport's employment of robots outfitted with short-wavelength UV light for cleaning is a great example of the region's substantial use of robotics during the pandemic. The market for commercial robots in the region is predicted to grow due to these factors.
The Brazil market dominated the LAMEA Commercial Robots Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,044.6 million by 2029. The Argentina market is experiencing a CAGR of 23.5% during (2023 - 2029). Additionally, The UAE market would display a CAGR of 22.5% during (2023 - 2029).
Based on Application, the market is segmented into Medical & Healthcare, Defense & Security, Agriculture & Forestry, Marine and Others. Based on Type, the market is segmented into Autonomous Guided Robotics, Medical Robots, Drones, Field Robots and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Commercial Robots Market is Projected to reach USD 56.4 Billion by 2029, at a CAGR of 19.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC (Alphabet, Inc.), Omron Corporation, Boston Dynamics (Hyundai Motor Company), Northrop Grumman Corporation, iRobot Corporation (Amazon.com, Inc.), Kuka AG (Midea Investment Holding Co., Ltd.), Yaskawa Electric Corporation, Honda Motor Co. Ltd., Accuray Incorporated and AeroVironment, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Medical & Healthcare
- Defense & Security
- Agriculture & Forestry
- Marine
- Others
By Type
- Autonomous Guided Robotics
- Medical Robots
- Drones
- Field Robots
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Google LLC (Alphabet, Inc.)
- Omron Corporation
- Boston Dynamics (Hyundai Motor Company)
- Northrop Grumman Corporation
- iRobot Corporation (Amazon.com, Inc.)
- Kuka AG (Midea Investment Holding Co., Ltd.)
- Yaskawa Electric Corporation
- Honda Motor Co. Ltd.
- Accuray Incorporated
- AeroVironment, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Commercial Robots Market, by Application
1.4.2 LAMEA Commercial Robots Market, by Type
1.4.3 LAMEA Commercial Robots Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Aug – 2023, Mar) Leading Players
Chapter 4. LAMEA Commercial Robots Market by Application
4.1 LAMEA Medical & Healthcare Market by Country
4.2 LAMEA Defense & Security Market by Country
4.3 LAMEA Agriculture & Forestry Market by Country
4.4 LAMEA Marine Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA Commercial Robots Market by Type
5.1 LAMEA Autonomous Guided Robotics Market by Country
5.2 LAMEA Medical Robots Market by Country
5.3 LAMEA Drones Market by Country
5.4 LAMEA Field Robots Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Commercial Robots Market by Country
6.1 Brazil Commercial Robots Market
6.1.1 Brazil Commercial Robots Market by Application
6.1.2 Brazil Commercial Robots Market by Type
6.2 Argentina Commercial Robots Market
6.2.1 Argentina Commercial Robots Market by Application
6.2.2 Argentina Commercial Robots Market by Type
6.3 UAE Commercial Robots Market
6.3.1 UAE Commercial Robots Market by Application
6.3.2 UAE Commercial Robots Market by Type
6.4 Saudi Arabia Commercial Robots Market
6.4.1 Saudi Arabia Commercial Robots Market by Application
6.4.2 Saudi Arabia Commercial Robots Market by Type
6.5 South Africa Commercial Robots Market
6.5.1 South Africa Commercial Robots Market by Application
6.5.2 South Africa Commercial Robots Market by Type
6.6 Nigeria Commercial Robots Market
6.6.1 Nigeria Commercial Robots Market by Application
6.6.2 Nigeria Commercial Robots Market by Type
6.7 Rest of LAMEA Commercial Robots Market
6.7.1 Rest of LAMEA Commercial Robots Market by Application
6.7.2 Rest of LAMEA Commercial Robots Market by Type
Chapter 7. Company Profiles
7.1 Google LLC (Alphabet, Inc.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Omron Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Boston Dynamics (Hyundai Motor Company)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.4 Northrop Grumman Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research and Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.5 iRobot Corporation (Amazon.com, Inc.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.6 Kuka AG (Midea Investment Holding Co., Ltd.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.7 Yaskawa Electric Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Recent strategies and developments:
7.7.4.1 Product Launches and Product Expansions:
7.8 Honda Motor Co. Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.9 Accuray Incorporated
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Product Launches and Product Expansions:
7.10. AeroVironment, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Product Launches and Product Expansions:
7.10.5.2 Acquisition and Mergers:
TABLE 1 LAMEA Commercial Robots Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Commercial Robots Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Commercial Robots Market
TABLE 4 Product Launches And Product Expansions– Commercial Robots Market
TABLE 5 Acquisition and Mergers– Commercial Robots Market
TABLE 6 LAMEA Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 7 LAMEA Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 8 LAMEA Medical & Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Medical & Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 10 LAMEA Defense & Security Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Defense & Security Market by Country, 2023 - 2029, USD Million
TABLE 12 LAMEA Agriculture & Forestry Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Agriculture & Forestry Market by Country, 2023 - 2029, USD Million
TABLE 14 LAMEA Marine Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Marine Market by Country, 2023 - 2029, USD Million
TABLE 16 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 18 LAMEA Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 19 LAMEA Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 20 LAMEA Autonomous Guided Robotics Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Autonomous Guided Robotics Market by Country, 2023 - 2029, USD Million
TABLE 22 LAMEA Medical Robots Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Medical Robots Market by Country, 2023 - 2029, USD Million
TABLE 24 LAMEA Drones Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Drones Market by Country, 2023 - 2029, USD Million
TABLE 26 LAMEA Field Robots Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Field Robots Market by Country, 2023 - 2029, USD Million
TABLE 28 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 30 LAMEA Commercial Robots Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Commercial Robots Market by Country, 2023 - 2029, USD Million
TABLE 32 Brazil Commercial Robots Market, 2019 - 2022, USD Million
TABLE 33 Brazil Commercial Robots Market, 2023 - 2029, USD Million
TABLE 34 Brazil Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 35 Brazil Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 36 Brazil Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 37 Brazil Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 38 Argentina Commercial Robots Market, 2019 - 2022, USD Million
TABLE 39 Argentina Commercial Robots Market, 2023 - 2029, USD Million
TABLE 40 Argentina Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 41 Argentina Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 42 Argentina Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 43 Argentina Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 44 UAE Commercial Robots Market, 2019 - 2022, USD Million
TABLE 45 UAE Commercial Robots Market, 2023 - 2029, USD Million
TABLE 46 UAE Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 47 UAE Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 48 UAE Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 49 UAE Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 50 Saudi Arabia Commercial Robots Market, 2019 - 2022, USD Million
TABLE 51 Saudi Arabia Commercial Robots Market, 2023 - 2029, USD Million
TABLE 52 Saudi Arabia Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 53 Saudi Arabia Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 54 Saudi Arabia Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 55 Saudi Arabia Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 56 South Africa Commercial Robots Market, 2019 - 2022, USD Million
TABLE 57 South Africa Commercial Robots Market, 2023 - 2029, USD Million
TABLE 58 South Africa Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 59 South Africa Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 60 South Africa Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 61 South Africa Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 62 Nigeria Commercial Robots Market, 2019 - 2022, USD Million
TABLE 63 Nigeria Commercial Robots Market, 2023 - 2029, USD Million
TABLE 64 Nigeria Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 65 Nigeria Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 66 Nigeria Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 67 Nigeria Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 68 Rest of LAMEA Commercial Robots Market, 2019 - 2022, USD Million
TABLE 69 Rest of LAMEA Commercial Robots Market, 2023 - 2029, USD Million
TABLE 70 Rest of LAMEA Commercial Robots Market by Application, 2019 - 2022, USD Million
TABLE 71 Rest of LAMEA Commercial Robots Market by Application, 2023 - 2029, USD Million
TABLE 72 Rest of LAMEA Commercial Robots Market by Type, 2019 - 2022, USD Million
TABLE 73 Rest of LAMEA Commercial Robots Market by Type, 2023 - 2029, USD Million
TABLE 74 Key Information – Google LLC
TABLE 75 Key Information – Omron Corporation
TABLE 76 key Information – Boston Dynamics
TABLE 77 Key Information – Northrop Grumman Corporation
TABLE 78 Key Information – iRobot Corporation
TABLE 79 Key Information – Kuka AG
TABLE 80 Key Information – Yaskawa Electric Corporation
TABLE 81 key Information – Honda Motor Co. Ltd.
TABLE 82 Key Information – Accuray Incorporated
TABLE 83 Key Information – AeroVironment, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2020, Aug – 2023, Mar) Leading Players
FIG 5 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 6 SWOT Analysis: Omron Corporation
FIG 7 Recent strategies and developments: Boston Dynamics
FIG 8 Recent strategies and developments: Kuka AG
FIG 9 Recent strategies and developments: AeroVironment, Inc.