The Latin America, Middle East and Africa Warehouse Robotics Market should witness market growth of 22.7% CAGR during the forecast period (2023-2029).
The warehousing business has already been affected by the Internet of Things (IoT), machine learning (ML), artificial intelligence (AI), and other related technologies. It is predicted that in the near future, this industry will continue to be affected by these technologies, which will further propel the market's growth. To track employee activity, inventory movement, and warehouse operations, there has been a growth in demand for specialized software solutions during the past ten years. Because of this, software experts are always trying to add new features to software solutions.
Robotics deployment has grown drastically as a result of the advent of Industry 4.0 and the rise in warehouse digitization across industries. The robots now have greater functionality, efficiency, and accuracy. Robotic sensor advances in technology are also helping the employment of robots in a variety of end-use sectors. The robots can operate with more precision and accuracy owing to these sensors.
The electrical, automotive, and metal industries in the United Arab Emirates are just a few examples of how robotics and automation have improved industrial processes. Many prestigious industrial businesses utilize industrial robots to meet all trade requirements. The significant concentration of well-known firms in the nation has an impact on the widespread use of industrial robots. Due to increased robotics investments, especially in healthcare, learning, and sports, Qatar has experienced an increase in the need for industrial robots similar to other nations. Because of the region's continuing population increase and accelerating industrialization, it is anticipated that the regional market will rise over the coming years.
The Brazil market dominated the LAMEA Warehouse Robotics Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $264 million by 2029. The Argentina market is exhibiting a CAGR of 23.4% during (2023-2029). Additionally, The UAE market would showcase a CAGR of 22.4% during (2023-2029).
Based on Function, the market is segmented into Pick & Place, Palletizing & De-palletizing, Packaging, and Transportation. Based on Application, the market is segmented into E-commerce, Automotive, Consumer Electronics, Healthcare, Food & Beverage and Others. Based on Product, the market is segmented into Mobile Robots, Articulated Robots, Cylindrical Robots, Scara & Parallel Robots and Cartesian Robots. Based on Payload Capacity, the market is segmented into Below 10 kg, 11 kg to 80 kg, 81 kg to 400 kg and 400 kg & Above. Based on Component, the market is segmented into Hardware, Software and Services. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Ltd, Bastian Solutions, LLC (Toyota Advanced Logistics Group) (Toyota Industries Corporation), Daifuku Co., Limited, Dematic Group (Kion Group AG), Fetch Robotics, Inc. (Zebra Technologies Corporation), Honeywell International, Inc., Knapp AG, Kuka AG (Swisslog Holding AG), Omron Corporation and Yaskawa Electric Corporation.
The warehousing business has already been affected by the Internet of Things (IoT), machine learning (ML), artificial intelligence (AI), and other related technologies. It is predicted that in the near future, this industry will continue to be affected by these technologies, which will further propel the market's growth. To track employee activity, inventory movement, and warehouse operations, there has been a growth in demand for specialized software solutions during the past ten years. Because of this, software experts are always trying to add new features to software solutions.
Robotics deployment has grown drastically as a result of the advent of Industry 4.0 and the rise in warehouse digitization across industries. The robots now have greater functionality, efficiency, and accuracy. Robotic sensor advances in technology are also helping the employment of robots in a variety of end-use sectors. The robots can operate with more precision and accuracy owing to these sensors.
The electrical, automotive, and metal industries in the United Arab Emirates are just a few examples of how robotics and automation have improved industrial processes. Many prestigious industrial businesses utilize industrial robots to meet all trade requirements. The significant concentration of well-known firms in the nation has an impact on the widespread use of industrial robots. Due to increased robotics investments, especially in healthcare, learning, and sports, Qatar has experienced an increase in the need for industrial robots similar to other nations. Because of the region's continuing population increase and accelerating industrialization, it is anticipated that the regional market will rise over the coming years.
The Brazil market dominated the LAMEA Warehouse Robotics Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $264 million by 2029. The Argentina market is exhibiting a CAGR of 23.4% during (2023-2029). Additionally, The UAE market would showcase a CAGR of 22.4% during (2023-2029).
Based on Function, the market is segmented into Pick & Place, Palletizing & De-palletizing, Packaging, and Transportation. Based on Application, the market is segmented into E-commerce, Automotive, Consumer Electronics, Healthcare, Food & Beverage and Others. Based on Product, the market is segmented into Mobile Robots, Articulated Robots, Cylindrical Robots, Scara & Parallel Robots and Cartesian Robots. Based on Payload Capacity, the market is segmented into Below 10 kg, 11 kg to 80 kg, 81 kg to 400 kg and 400 kg & Above. Based on Component, the market is segmented into Hardware, Software and Services. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Ltd, Bastian Solutions, LLC (Toyota Advanced Logistics Group) (Toyota Industries Corporation), Daifuku Co., Limited, Dematic Group (Kion Group AG), Fetch Robotics, Inc. (Zebra Technologies Corporation), Honeywell International, Inc., Knapp AG, Kuka AG (Swisslog Holding AG), Omron Corporation and Yaskawa Electric Corporation.
Scope of the Study
By Function
- Pick & Place, Palletizing & De-palletizing
- Packaging
- Transportation
By Application
- E-commerce
- Automotive
- Consumer Electronics
- Healthcare
- Food & Beverage
- Others
By Product
- Mobile Robots
- Articulated Robots
- Cylindrical Robots
- Scara & Parallel Robots
- Cartesian Robots
By Payload Capacity
- Below 10 kg
- 11 kg to 80 kg
- 81 kg to 400 kg
- 400 kg & Above
By Component
- Hardware
- Software
- Services
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ABB Ltd
- Bastian Solutions, LLC (Toyota Advanced Logistics Group) (Toyota Industries Corporation)
- Daifuku Co., Limited
- Dematic Group (Kion Group AG)
- Fetch Robotics, Inc. (Zebra Technologies Corporation)
- Honeywell International, Inc.
- Knapp AG
- Kuka AG (Swisslog Holding AG)
- Omron Corporation
- Yaskawa Electric Corporation
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Warehouse Robotics Market by Function
Chapter 5. LAMEA Warehouse Robotics Market by Application
Chapter 6. LAMEA Warehouse Robotics Market by Product
Chapter 7. LAMEA Warehouse Robotics Market by Payload Capacity
Chapter 8. LAMEA Warehouse Robotics Market by Component
Chapter 9. LAMEA Warehouse Robotics Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- ABB Ltd
- Bastian Solutions, LLC (Toyota Advanced Logistics Group) (Toyota Industries Corporation)
- Daifuku Co., Limited
- Dematic Group (Kion Group AG)
- Fetch Robotics, Inc. (Zebra Technologies Corporation)
- Honeywell International, Inc.
- Knapp AG
- Kuka AG (Swisslog Holding AG)
- Omron Corporation
- Yaskawa Electric Corporation
Methodology
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