Consumer Service Robotics - Morocco

  • Morocco
  • Revenue in the Consumer Service Robotics market is projected to reach US$11.89m in 2024.
  • Domestic service robotics dominates the market with a projected market volume of US$10.37m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 22.16%, resulting in a market volume of US$32.34m by 2029.
  • In global comparison, most revenue will be generated in China (US$5,532.00m in 2024).

Key regions: South Korea, Germany, Japan, Canada, France

 
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Analyst Opinion

The Consumer service robotics market in Morocco is experiencing a minimal decline in growth rate, influenced by factors such as increasing adoption of digital technologies, growing health awareness among consumers, and the convenience of online health services. This trend is seen in both the Domestic Service Robotics and Entertainment Service Robotics sub-markets, indicating a shift towards more advanced and convenient services in the overall Service Robotics Market in Morocco.

Customer preferences:
In Morocco, there is a growing demand for consumer service robotics in the hospitality industry, as businesses look to improve efficiency and reduce human contact amid the COVID-19 pandemic. Additionally, the country's aging population is fueling the need for healthcare robots that can assist with tasks such as medication reminders and mobility support. This trend is also influenced by cultural norms that value respect and care for elders, making service robots an attractive solution.

Trends in the market:
In Morocco, the Consumer service robotics Market of the Service robotics Market within the Robotics Market is seeing a surge in demand for autonomous delivery robots in the retail and food service industries. This trend is driven by the need for contactless delivery solutions due to the COVID-19 pandemic. Additionally, there is a growing trend of using service robots in healthcare facilities to assist with patient care and disinfection. These trends have significant implications for industry stakeholders, as they present opportunities for increased efficiency and cost savings. However, there may also be challenges in terms of regulation and acceptance of these technologies in the market.

Local special circumstances:
In Morocco, the Consumer service robotics Market within the Service robotics Market is influenced by the country's growing tech industry and government support for innovation. With a strong focus on tourism, the market also caters to the hospitality sector with robotic concierge and cleaning services. Additionally, cultural factors such as the preference for personalized customer service and the acceptance of new technologies play a significant role in shaping the market. Regulatory policies promoting automation and the adoption of robotics in various industries further drive the growth of the market in Morocco.

Underlying macroeconomic factors:
The growth of the Consumer service robotics market is heavily influenced by macroeconomic factors such as technological advancements, consumer spending patterns, and government policies. In countries with strong economic growth and increased consumer demand for convenience and efficiency, the market for service robotics is expected to experience significant growth. Additionally, government initiatives to promote automation and increase productivity, coupled with the rising trend of e-commerce and online shopping, are expected to further drive the demand for consumer service robotics in the global market.

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.

Overview

  • Revenue
  • Key Players
  • Volume
  • Price
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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