LAMEA Robotics Technology Market Size, Share & Trends Analysis Report By Robot Type, By Component (Hardware, Software, and Service), By Application, By Country and Growth Forecast, 2024 - 2031

The Latin America, Middle East and Africa Robotics Technology Market would witness market growth of 17.5% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Robotics Technology Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,641.3 million by 2031. The Argentina market is showcasing a CAGR of 19% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 16.4% during (2024 - 2031).

The adoption of robotics in healthcare has seen rapid growth, driven by innovations that improve surgical outcomes, recovery times, and patient care. Hospitals across developed countries have integrated robotic surgical systems, and advancements in telemedicine have made robotic assistance in remote areas more viable. The medical robotics industry is expected to continue expanding as costs decrease and the technology becomes more accessible.

The logistics and warehousing industries are increasingly adopting robotics to address challenges posed by rising e-commerce demand and labour shortages. Companies like Amazon, FedEx, and DHL have heavily invested in automated warehouses and robotic delivery systems. Adoption in this sector is expected to grow rapidly, driven by the demand for faster, more efficient delivery systems and the need to optimize warehouse operations.

In Saudi Arabia, the government’s ambitious plans to invest $147 billion in transport and logistics by 2030 are a game-changer for this market. This substantial investment is expected to drive the adoption of robotics in the logistics and supply chain sectors. Robotics, including autonomous vehicles, drones, and warehouse automation, will enhance operational efficiency, reduce costs, and improve delivery times in the rapidly growing logistics infrastructure. Similarly, the UAE’s focus on healthcare, with 8.4% of its 2022 federal budget allocated to public healthcare and ongoing investments in the sector, is creating vast opportunities for robotics technology, particularly in medical robotics. UAE’s Vision 2040 prioritizes healthcare, translating to more investments in healthcare infrastructure, telemedicine, and robotic-assisted surgeries. Hence, both Saudi Arabia and the UAE’s long-term vision to integrate robotics into key sectors will significantly contribute to the expansion and advancement of this market.

Free Valuable Insights: The Worldwide Robotics Technology Market is Projected to reach USD 279.52 Billion by 2031, at a CAGR of 14.8%

Based on Robot Type, the market is segmented into Traditional Industrial Robots, Cobots, Professional Service Robots, and Other Robot Type. Based on Component, the market is segmented into Hardware, Software, and Service. Based on Application, the market is segmented into Manufacturing, Healthcare, Logistics, Aerospace & Defense, Media & Entertainment, and Other Application. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• Kuka AG (Midea Group Co., Ltd.)
• Hyundai Motor Company
• SoftBank Robotics Group (SoftBank Group Corporation)
• ABB Group
• Amazon Web Services, Inc. (Amazon.com, Inc.)
• Microsoft Corporation
• Siemens AG
• CloudMinds Technology Inc.
• IBM Corporation
• Rockwell Automation Inc.

LAMEA Robotics Technology Market Report Segmentation

By Robot Type

• Traditional Industrial Robots
• Cobots
• Professional Service Robots
• Other Robot Type

By Component

• Hardware
• Software
• Service

By Application

• Manufacturing
• Healthcare
• Logistics
• Aerospace & Defense
• Media & Entertainment
• Other Application

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Robotics Technology Market, by Robot Type
1.4.2 LAMEA Robotics Technology Market, by Component
1.4.3 LAMEA Robotics Technology Market, by Application
1.4.4 LAMEA Robotics Technology Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansion
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Mergers & Acquisition : 2020, Feb – 2023, Oct) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. LAMEA Robotics Technology Market by Robot Type
5.1 LAMEA Traditional Industrial Robots Market by Country
5.2 LAMEA Cobots Market by Country
5.3 LAMEA Professional Service Robots Market by Country
5.4 LAMEA Other Robot Type Market by Country

Chapter 6. LAMEA Robotics Technology Market by Component
6.1 LAMEA Hardware Market by Country
6.2 LAMEA Software Market by Country
6.3 LAMEA Service Market by Country

Chapter 7. LAMEA Robotics Technology Market by Application
7.1 LAMEA Manufacturing Market by Country
7.2 LAMEA Healthcare Market by Country
7.3 LAMEA Logistics Market by Country
7.4 LAMEA Aerospace & Defense Market by Country
7.5 LAMEA Media & Entertainment Market by Country
7.6 LAMEA Other Application Market by Country

Chapter 8. LAMEA Robotics Technology Market by Country
8.1 Brazil Robotics Technology Market
8.1.1 Brazil Robotics Technology Market by Robot Type
8.1.2 Brazil Robotics Technology Market by Component
8.1.3 Brazil Robotics Technology Market by Application
8.2 Argentina Robotics Technology Market
8.2.1 Argentina Robotics Technology Market by Robot Type
8.2.2 Argentina Robotics Technology Market by Component
8.2.3 Argentina Robotics Technology Market by Application
8.3 UAE Robotics Technology Market
8.3.1 UAE Robotics Technology Market by Robot Type
8.3.2 UAE Robotics Technology Market by Component
8.3.3 UAE Robotics Technology Market by Application
8.4 Saudi Arabia Robotics Technology Market
8.4.1 Saudi Arabia Robotics Technology Market by Robot Type
8.4.2 Saudi Arabia Robotics Technology Market by Component
8.4.3 Saudi Arabia Robotics Technology Market by Application
8.5 South Africa Robotics Technology Market
8.5.1 South Africa Robotics Technology Market by Robot Type
8.5.2 South Africa Robotics Technology Market by Component
8.5.3 South Africa Robotics Technology Market by Application
8.6 Nigeria Robotics Technology Market
8.6.1 Nigeria Robotics Technology Market by Robot Type
8.6.2 Nigeria Robotics Technology Market by Component
8.6.3 Nigeria Robotics Technology Market by Application
8.7 Rest of LAMEA Robotics Technology Market
8.7.1 Rest of LAMEA Robotics Technology Market by Robot Type
8.7.2 Rest of LAMEA Robotics Technology Market by Component
8.7.3 Rest of LAMEA Robotics Technology Market by Application

Chapter 9. Company Profiles
9.1 Kuka AG (Midea Group Co., Ltd.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Hyundai Motor Company
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 SoftBank Robotics Group (SoftBank Group Corporation)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Recent strategies and developments:
9.3.3.1 Partnerships, Collaborations, and Agreements:
9.3.3.2 Product Launches and Product Expansions:
9.3.4 SWOT Analysis
9.4 ABB Group
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Acquisition and Mergers:
9.4.5.2 Geographical Expansions:
9.4.6 SWOT Analysis
9.5 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Product Launches and Product Expansions:
9.5.5 SWOT Analysis
9.6 Microsoft Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Siemens AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 SWOT Analysis
9.8 CloudMinds Technology Inc.
9.8.1 Company Overview
9.9 IBM Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional & Segmental Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Rockwell Automation, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Acquisition and Mergers:
9.10.6 SWOT Analysis

TABLE 1 LAMEA Robotics Technology Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Robotics Technology Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Robotics Technology Market
TABLE 4 Product Launches And Product Expansions– Robotics Technology Market
TABLE 5 Acquisition and Mergers– Robotics Technology Market
TABLE 6 Geographical Expansion– Robotics Technology Market
TABLE 7 LAMEA Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 8 LAMEA Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 9 LAMEA Traditional Industrial Robots Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Traditional Industrial Robots Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Cobots Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA Cobots Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Professional Service Robots Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Professional Service Robots Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Other Robot Type Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Other Robot Type Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 18 LAMEA Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 19 LAMEA Hardware Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Hardware Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Software Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Software Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Service Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Service Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 26 LAMEA Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 27 LAMEA Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Logistics Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Logistics Market by Country, 2024 - 2031, USD Million
TABLE 33 LAMEA Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 36 LAMEA Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 37 LAMEA Other Application Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Other Application Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Robotics Technology Market by Country, 2020 - 2023, USD Million
TABLE 40 LAMEA Robotics Technology Market by Country, 2024 - 2031, USD Million
TABLE 41 Brazil Robotics Technology Market, 2020 - 2023, USD Million
TABLE 42 Brazil Robotics Technology Market, 2024 - 2031, USD Million
TABLE 43 Brazil Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 44 Brazil Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 45 Brazil Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 46 Brazil Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 47 Brazil Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 48 Brazil Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 49 Argentina Robotics Technology Market, 2020 - 2023, USD Million
TABLE 50 Argentina Robotics Technology Market, 2024 - 2031, USD Million
TABLE 51 Argentina Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 52 Argentina Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 53 Argentina Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 54 Argentina Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 55 Argentina Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 56 Argentina Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 57 UAE Robotics Technology Market, 2020 - 2023, USD Million
TABLE 58 UAE Robotics Technology Market, 2024 - 2031, USD Million
TABLE 59 UAE Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 60 UAE Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 61 UAE Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 62 UAE Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 63 UAE Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 64 UAE Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 65 Saudi Arabia Robotics Technology Market, 2020 - 2023, USD Million
TABLE 66 Saudi Arabia Robotics Technology Market, 2024 - 2031, USD Million
TABLE 67 Saudi Arabia Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 68 Saudi Arabia Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 69 Saudi Arabia Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 70 Saudi Arabia Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 71 Saudi Arabia Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 72 Saudi Arabia Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 73 South Africa Robotics Technology Market, 2020 - 2023, USD Million
TABLE 74 South Africa Robotics Technology Market, 2024 - 2031, USD Million
TABLE 75 South Africa Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 76 South Africa Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 77 South Africa Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 78 South Africa Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 79 South Africa Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 80 South Africa Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 81 Nigeria Robotics Technology Market, 2020 - 2023, USD Million
TABLE 82 Nigeria Robotics Technology Market, 2024 - 2031, USD Million
TABLE 83 Nigeria Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 84 Nigeria Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 85 Nigeria Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 86 Nigeria Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 87 Nigeria Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 88 Nigeria Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 89 Rest of LAMEA Robotics Technology Market, 2020 - 2023, USD Million
TABLE 90 Rest of LAMEA Robotics Technology Market, 2024 - 2031, USD Million
TABLE 91 Rest of LAMEA Robotics Technology Market by Robot Type, 2020 - 2023, USD Million
TABLE 92 Rest of LAMEA Robotics Technology Market by Robot Type, 2024 - 2031, USD Million
TABLE 93 Rest of LAMEA Robotics Technology Market by Component, 2020 - 2023, USD Million
TABLE 94 Rest of LAMEA Robotics Technology Market by Component, 2024 - 2031, USD Million
TABLE 95 Rest of LAMEA Robotics Technology Market by Application, 2020 - 2023, USD Million
TABLE 96 Rest of LAMEA Robotics Technology Market by Application, 2024 - 2031, USD Million
TABLE 97 Key Information – Kuka AG
TABLE 98 key Information – Hyundai Motor Company
TABLE 99 Key Information – SoftBank Robotics Group Corp.
TABLE 100 Key Information – ABB Group
TABLE 101 Key Information – Amazon Web Services, Inc.
TABLE 102 Key Information – Microsoft Corporation
TABLE 103 Key Information – Siemens AG
TABLE 104 Key Information – CloudMinds Technology Inc.
TABLE 105 Key Information – IBM Corporation
TABLE 106 Key Information – Rockwell Automation, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Robotics Technology Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Robotics Technology Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Mergers & Acquisition : 2020, Feb – 2023, Oct) Leading Players
FIG 8 Porter’s Five Forces Analysis – Robotics Technology Market
FIG 9 LAMEA Robotics Technology Market share by Robot Type, 2023
FIG 10 LAMEA Robotics Technology Market share by Robot Type, 2031
FIG 11 LAMEA Robotics Technology Market by Robot Type, 2020 - 2031, USD Million
FIG 12 LAMEA Robotics Technology Market share by Component, 2023
FIG 13 LAMEA Robotics Technology Market share by Component, 2031
FIG 14 LAMEA Robotics Technology Market by Component, 2020 - 2031, USD Million
FIG 15 LAMEA Robotics Technology Market share by Application, 2023
FIG 16 LAMEA Robotics Technology Market share by Application, 2031
FIG 17 LAMEA Robotics Technology Market by Application, 2020 - 2031, USD Million
FIG 18 LAMEA Robotics Technology Market share by Country, 2023
FIG 19 LAMEA Robotics Technology Market share by Country, 2031
FIG 20 LAMEA Robotics Technology Market by Country, 2020 - 2031, USD Million
FIG 21 Swot Analysis: Kuka AG
FIG 22 Recent strategies and developments: Hyundai Motor Company
FIG 23 Swot Analysis: Hyundai Motor Company
FIG 24 Recent strategies and developments: SoftBank Robotics Group
FIG 25 SWOT Analysis: SoftBank Robotics Group
FIG 26 Recent strategies and developments: ABB GROUP
FIG 27 SWOT Analysis: ABB GROUP
FIG 28 SWOT Analysis: Amazon Web Services, Inc.
FIG 29 Recent strategies and developments: Microsoft Corporation
FIG 30 SWOT Analysis: Microsoft Corporation
FIG 31 SWOT Analysis: Siemens AG
FIG 32 Recent strategies and developments: IBM Corporation
FIG 33 SWOT Analysis: IBM Corporation
FIG 34 Recent strategies and developments: Rockwell Automation, Inc.
FIG 35 SWOT Analysis: Rockwell Automation, Inc.