Consumer Service Robotics - United Arab Emirates

  • United Arab Emirates
  • Revenue in the Consumer Service Robotics market is projected to reach US$37.26m in 2024.
  • Domestic service robotics dominates the market with a projected market volume of US$28.09m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.76%, resulting in a market volume of US$56.70m 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 United Arab Emirates is facing a negligible decline in growth rate due to factors such as slow adoption of digital technologies, limited health awareness among consumers, and lack of convenience in online health services. This is particularly evident in the Domestic Service Robotics sub-market, which is experiencing a decline in demand. However, the Entertainment Service Robotics sub-market is still showing some growth, driven by the increasing popularity of robotic entertainment options.

Customer preferences:
As the demand for efficient and contactless services grows in the wake of the COVID-19 pandemic, there has been a significant rise in the adoption of consumer service robotics in the UAE. This trend is driven by a growing preference for automated and self-service solutions, particularly in the hospitality and retail sectors. Additionally, the country's diverse and tech-savvy population has also contributed to the increasing use of service robotics in areas such as food delivery, housekeeping, and customer service.

Trends in the market:
In the United Arab Emirates, the Consumer service robotics Market is experiencing a surge in demand for robotic concierge and customer service solutions in various industries, such as hospitality and retail. This trend is driven by the country's focus on innovation and technology, as well as its growing tourism sector. The trajectory of this trend shows a shift towards more advanced and sophisticated service robots, with potential implications for industry stakeholders to invest in research and development to stay competitive in the market. Additionally, the use of service robots can improve efficiency and customer experience, making it a significant trend to watch in the future.

Local special circumstances:
In the United Arab Emirates, the Consumer service robotics Market is driven by the country's high per capita income and strong focus on technological advancements. The market is also influenced by the growing tourism industry, leading to a rise in demand for service robots in the hospitality sector. Additionally, the government's initiatives to promote innovation and automation in various industries have further propelled the growth of the service robotics market in the country.

Underlying macroeconomic factors:
The Consumer service robotics Market of the Service robotics Market within the Robotics Market in the United Arab Emirates is influenced by macroeconomic factors such as technological advancements, regulatory support, and investment in consumer service robotics infrastructure. The UAE's robust economy and favorable regulatory environment have created a conducive market for consumer service robotics, leading to its rapid growth in the region. The country's high disposable income and increasing preference for convenience and automation are also contributing to the demand for consumer service robotics. Furthermore, the UAE's strategic investments in smart city initiatives and the growing tourism sector are expected to drive the adoption of consumer service robotics in various industries, such as hospitality and retail.

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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