Saudi Arabia Warehouse Robotics Market: Prospects, Trends Analysis, Market Size and Forecasts up to 2030

The country research report on Saudi Arabia warehouse robotics market is a customer intelligence and competitive study of the Saudi Arabia market. Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the Saudi Arabia market. Also, factors that are driving and restraining the warehouse robotics market are highlighted in the study. This is an in-depth business intelligence report based on qualitative and quantitative parameters of the market. Additionally, this report provides readers with market insights and a detailed analysis of market segments to possible micro levels. The companies and dealers/distributors profiled in the report include manufacturers & suppliers of the warehouse robotics market in Saudi Arabia. 

Market Insight

Saudi Arabia warehouse robotics market is projected to grow from USD 19.54 million in 2022 to USD 38.89 million by 2030, at a CAGR of 9.42%. Warehouse robotics technology is gaining lots of traction due to its significant adoption in various industries such as food and beverage, industrial goods, assembling, cutting & processing, healthcare, and many other industries. It is estimated that more than 10% of warehouses around the world were already using automated warehousing equipment. In July 2019, the Saudi Arabian government announced its third tender for the year 2019, to import 715,000 metric ton of wheat for supply during the period September-November 2019, dispersed over 12 vessels. Hence, there is a rise in the demand for storage areas, which can be fulfilled by numerous warehouses which are using robotic systems. Furthermore, key manufacturers operating in the Saudi Arabia warehouse robotics market are strongly focusing on research and development activities for product innovations. 

As of 1st August 2020, the number of cases of COVID-19 disease crossed 18 million and has resulted in 6,90,000 deaths and around 184 countries are affected by the COVID-19 outbreak. The COVID-19 pandemic reached Saudi Arabia with a slight delay compared to other countries. However, things worsened quickly and by the end of March, the number of COVID-19 cases was rising at an alarming pace. The COVID-19 epidemic has positively impacted the growth of the warehouse robotics market in Saudi Arabia. The majority of the population is quarantined at home in the wake of the pandemic and search-engines are offering numerous interactive games on their homepage in an attempt to lure users. The increasing demand for quick order supply to customers in an accurate and undamaged form, growing competition in the e-commerce industry, and rapid growth in the online shopping consumers are the key factors anticipated to drive the growth of the warehouse robotics market during the COVID-19 outbreak. 

The growing inclination towards quality and safety of production, coupled with the high penetration of industrial automation in warehouses across the country drives the demand for the Saudi Arabia warehouse robotics market over the forecast period. Furthermore, the automated system plays a vital role in warehousing operations such as material handling, receiving, and storing saves time, labor resources, and provides an augmented performance. The integration of warehouse robotic technology has incredible potential to help operations become more accurate, more efficient, and more productive, thereby, increased the demand of the warehouse robotics market. Moreover, the growing demand for warehouse robotics from numerous industry verticals is likely to enhance the market growth. However, the high initial investment for setup and lack of awareness are hampering the market growth of the warehouse robotics market. 

Segments Covered

The report on the Saudi Arabia warehouse robotics market provides a detailed analysis of segments in the market based on type, and application. 

Segmentation Based on Type

·        Gantry Robots

·        Fixed Robots

·        Mobile Robots

·        Stationery Articulated Robots         

Segmentation Based on Application

·        E-commerce

·        Food & Beverage

·        Packaging

·        Automotive

·        Consumer Electronics

·        Healthcare

·        Other Applications 

Highlights of the Report

The report provides detailed insights into:

 1) Demand and supply conditions of the warehouse robotics market

 2) Factor affecting the warehouse robotics market in the short run and the long run

 3) The dynamics including drivers, restraints, opportunities, political, socioeconomic factors, and technological factors

 4) Key trends and future prospects

 5) Leading companies operating in a warehouse robotics market and their competitive position in Saudi Arabia

 6) The dealers/distributors profiles provide basic information of top 10 dealers & distributors operating in (the Saudi Arabia) warehouse robotics market

 7) IGR Matrix: to position the product types

 8) Market estimates up to 2030

 The report answers questions such as:

 1) What is the market size of the warehouse robotics market in Saudi Arabia?

 2) What are the factors that affect the growth in the warehouse robotics market over the forecast period?

 3) What is the competitive position in the Saudi Arabia warehouse robotics market?

 4) What are the opportunities in the Saudi Arabia warehouse robotics market?

 5) What are the modes of entering the Saudi Arabia warehouse robotics market?