Robotics - Angola

Angola

Revenue in the Robotics market is projected to reach US$6.62m in 2025.
Service robotics dominates the market with a projected market volume of US$6.62m in 2025.
Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 3.58%, resulting in a market volume of US$7.62m by 2029.
In global comparison, most revenue will be generated in the United States (US$10,450.00m in 2025).

Key regions: United States, China, South Korea, Japan, Germany

Definition:

The Robotics market refers to the industry that encompasses the design, development, manufacturing, and deployment of robotic systems and technologies. It involves the creation of machines that perform tasks autonomously or with minimal human intervention. These machines, also known as robots, mimic human actions and/or perform specialized functions in various sectors. These sectors include manufacturing, healthcare, agriculture, logistics, defense, and entertainment.

A robot is defined as a powered machine that is programmable on two or more axes and has some degree of autonomy; it moves within its environment to perform its programmed tasks.

Structure:

The Robotics market shows the market size of robotics in industrial and service use cases. In Industrial Robotics, there are six distinct markets:

The Automotive Industry Robotics market
The Chemical Industry Robotics market
The Electric/Electronic Industry Robotics market
The Food Industry Robotics market
The Metal Industry Robotics market
The Other Industry Robotics market

Service Robotics is further split into:

The Commercial Service Robotics market, which contains the Agriculture, Logistics, Medical and Other Service Robotics markets
The Consumer Service Robotics market, which contains the Domestic and Entertainment Robotics markets

Additional information:

Data includes revenues, volume, and the average price per newly installed robot. It also examines the level of automation, the share of collaborative robots, and investment in robotics, as well as a list of the key players in the market and their consolidated revenues. The market displays both B2B and B2C revenues, and the revenue is based on the country’s demand for robots. It is shown in manufacturer prices. Industrial Robotics does not include software revenues, as industrial robots are mostly used with specific software solutions that belong to the company that deploys them. For Service Robotics, software revenues are considered, as service robots are mostly delivered with software solutions that have been implemented by the manufacturer.

Key players in the market include Kuka, ABB, Boston Dynamics, and Yaskawa Electric Corporation.

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Market

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Analyst Opinion

The Robotics market in Angola is witnessing significant growth, driven by the increasing adoption of automation technologies, growing demand for efficient and cost-effective solutions, and rising awareness about the benefits of robotics in various industries. The market's substantial growth rate can also be attributed to the government's initiatives to promote the use of robotics in the country's industrial and service sectors.

Customer preferences: With the rapid growth of automation and artificial intelligence, there is a rising demand for advanced robotics solutions in various industries such as manufacturing, healthcare, and logistics. This is driven by the need for increased efficiency, accuracy, and cost-effectiveness. Additionally, the adoption of robotics technology is also influenced by the shift towards a more sustainable and eco-friendly approach to production and operations. This trend is expected to continue as companies seek to stay competitive in the global market and meet the evolving demands of consumers.

Trends in the market: In Angola, the Robotics Market is experiencing a shift towards automation and artificial intelligence in industries such as manufacturing, agriculture, and healthcare. This trend is driven by the need for increased efficiency, cost-effectiveness, and improved accuracy. With the government's focus on diversifying the economy and reducing reliance on oil, there is a growing demand for robotics technology to drive innovation and productivity. This trend is expected to continue, with potential implications for industry stakeholders such as increased competition, job displacement, and the need for upskilling and reskilling of the workforce.

Local special circumstances: In Angola, the Robotics Market is still in its early stages due to limited technological infrastructure and a lack of skilled workers. However, the market has great potential for growth, with the government's focus on diversifying the economy and investing in education and training programs. Additionally, the country's vast natural resources and growing industrial sector create a demand for automation and robotics solutions. The market is also influenced by cultural factors, such as the preference for local products and the importance of personal relationships in business dealings. These unique factors present both challenges and opportunities for companies entering the Robotics Market in Angola.

Underlying macroeconomic factors: The Robotics Market in Angola is also affected by macroeconomic factors such as technological advancements, government policies, and investment in infrastructure. Countries with supportive regulatory environments and robust investment in robotics technologies are witnessing rapid market growth, while regions with regulatory hurdles and limited funding are facing slower growth. Moreover, the rising demand for automation in industries such as manufacturing, healthcare, and logistics due to the increasing labor costs and a growing aging population is fueling the demand for robotics solutions in Angola.

Methodology

Data coverage:

The data encompasses B2B and B2C revenues. Figures are based on the country’s demand for robotics in manufacturer prices.

Modeling approach / Market size:

Market sizes are determined through a regional bottom-up approach, and further detailed by a top-down rationale for each market segment. As a basis for evaluating markets, we use trade data of the respective economic sector. Furthermore, we use relevant key market indicators such as level of automation and digitization or the economy composition to estimate each country's specialization in demand and supply. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques but primarly exponential smoothing. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.