Robotics - Sudan

Sudan

Revenue in the Robotics market is projected to reach US$3.01m in 2024.
Service robotics dominates the market with a projected market volume of US$3.01m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 1.86%, resulting in a market volume of US$3.30m by 2029.
In global comparison, most revenue will be generated in the United States (US$9,421.00m in 2024).

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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Analyst Opinion

The Robotics market in Sudan is facing a substantial decline in growth rate, influenced by factors such as limited adoption of digital technologies and low awareness among consumers. However, the convenience of online services and potential for industrial and service robotics could drive future growth.

Customer preferences: As technology continues to advance in Sudan, there has been a noticeable increase in consumer demand for advanced robotics solutions. This is driven by a growing interest in automation and efficiency, as well as a desire for more accurate and precise operations. Furthermore, the rise of e-commerce and online shopping has also led to a greater need for robotic systems in order to streamline logistics and supply chain processes. As a result, the robotics market in Sudan is experiencing significant growth and is expected to continue expanding in the coming years.

Trends in the market: In Sudan, the Robotics Market is experiencing a surge in demand for automation solutions in industries such as agriculture, manufacturing, and healthcare. This trend is driven by the need for increased efficiency and productivity, as well as the desire to reduce reliance on manual labor. As technology continues to advance, robotics are becoming more affordable and accessible, leading to a growing adoption of these solutions. This trajectory is significant for industry stakeholders as it presents opportunities for growth and innovation. However, it also raises concerns about potential job displacement and the need for upskilling and training to keep up with the evolving market.

Local special circumstances: In Sudan, the Robotics Market is still in its nascent stage, with limited adoption and awareness. This is due to the lack of infrastructure and skilled labor, as well as low internet and technology penetration. However, the market is expected to grow with the government's efforts to diversify the economy and promote innovation and entrepreneurship. Additionally, the country's large agriculture sector and potential for mining and oil exploration present opportunities for the use of robotics in these industries.

Underlying macroeconomic factors: The Robotics Market in Sudan is heavily impacted by macroeconomic factors such as technological advancements, government policies, and investment in the country's infrastructure. Sudan is currently experiencing a period of economic growth, with increasing foreign investment and a focus on diversifying its economy. This has created opportunities for the development and adoption of robotics technology across various industries. Additionally, the country's young and growing population provides a strong demand for advanced automation solutions to meet the needs of a rapidly evolving 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.