GCC Interactive Robots Market

GCC Interactive Robots Market Overview

Interactive robots are the type of robots that are capable of communicating with humans through social communication modes such as speech, body language, facial expressions, and others. Interactive robotics is developed using cognitive technology and allows the robots to interact with the engine in order to understand and assist humans. Interactive robots have natural interaction capabilities to talk, remember, and adapt as per human behaviour. The cognitive skills of interactive robots help them in understanding and responding to natural language phrases, thus allowing them to adapt to a particular situation and make the right decision. This enables interactive robots to work with humans as a highly effective teammate. Humans can easily communicate with interactive robots through various interfaces such as tablets, smartphones, among others.

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Major GCC Interactive Robots Market Drivers

The factors driving the growth of the GCC interactive robots market include the increasing urbanization, growing demand for automation, and rising adoption of smartphones and tablets in the region. Increased demand for automation activities has led to the rising penetration of interactive robots in various sectors, including healthcare, teaching, research, entertainment, hospitality, and others. The recent outbreak of COVID-19 has also been contributed to the rise in the demand of interactive robots in the hospitals, diagnostic centers, operation theatres, and other healthcare infrastructure to take care of the patients and plays a crucial role in assisting humans and doctors in containing the spread of the virus.

Additionally, according to the Dubai Health Authority, 12 new private hospitals will be opened in Dubai by the end of 2020, the total number of private hospitals in Dubai will account to 38. Major healthcare projects including Sultan Qaboos Medical City Complex in Barka, King Faisal Medical City in Asir, King Abdullah Medical City in Bahrain, and others are expected to support the demand of interactive robots in the region. Increasing application of interactive robots in the commercial sector, including hotels, restaurants, telecommunication companies, banks, automobile, and educational institutes, among others, will further propel the market growth over the forecast period. Moreover, the advancement of artificial technology is one of the major factors contributing to the growth of the interactive robots market. AI helps in enabling these robots to observe, behave, understand, and interact as a human and effectively serve to the requirements of the customers, thereby boosting the demand for interactive robots market over the forecast period. However, the high initial investment and complexity in developing social intelligent robots may hamper the growth of the global interactive robots market.

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Based on the product, the market is segmented into mobile robots and stationary robots. Stationary robots segment is anticipated to increase at a higher CAGR over the forecast period. These robots have the ability to perform their task without changing positions. The stationary robots are used in performing repetitive tasks, consistent material deliveries, and operational services such as customer support, billing, and others. Increasing demand for stationary robots in industries such as automobile, telecommunication, machine shops, and comparatively less cost of these robots are the factors contributing to the growth of the stationary segment of the interactive robots market. The mobile robots segment of the interactive robots market is expected to grow at a significant rate during the forecast period owing to the numerous remarkable benefits offered by them, such as flexibility and cost-effective technology that can perform sophisticated tasks and make decision based on perception without manual observation and assistance. Surging demand of mobile robots in various applications including medical care, surveillance, emergency rescue operations, patrolling, petrochemical applications, industrial automation, construction, entertainment, museum guides, and personal services, is further boosting the segment growth.

Based on application, the market has been segmented into education and research, companion and humanoid, guidance and marketing, and assistance. Among these, the companion and humanoid robots segment is expected to dominate the market during the forecast period. This is mainly due to the widespread application of these robots, such as receptionists, entertainers, and personal assistants for performing repetitive and tedious tasks. Interactive robots are increasingly used as classroom assistants, language teacher, teachers in virtual classes, and researchers to collect and analyse complex data. The ability of interactive robots to deliver high-quality information, promote interactive teaching and learning, higher cost-effectiveness as compared to the human teachers, safe to perform complex laboratory experiments, and others factors are further boosting the demand for the interactive robots in the areas of education and research.

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Based on the countries, the GCC Interactive Robots Market is segmented into UAE, Saudi Arabia, Oman, Kuwait, and the rest of GCC. The growing public-private partnerships for the development of the residential, healthcare, and hospitality industry in Saudi Arabia and UAE is another factor that is expected to drive the growth of the GCC interactive robots market during the forecast period. Furthermore, major residential and hospitality projects including Al Faisaliah City, the NEOM city, Kuwait’s Silk City, InterContinental Hotel Project, DoubleTree Hilton Hotel Project, Orchid Villas Project, New Jeddah Downtown, Al Noor City, Government Housing Plans, and among others, are projected to increase the demand for robotics and automation, thereby contributing to the growth of interactive robots market in the region. Moreover, surge in the number of hospital and recent outbreak of COVID 19 pandemic in GCC countries will further boost the demand of the interactive robots market in this region.

Various notable players operating in the market include SoftBank Group Corp., Voxtron Middle East LLC, PAL Robotics. Ecovacs Robotics, Asustek Computer Inc., Honda Motor Co., Ltd., Dyson Group plc, Intuitive Surgical, Inc., Temi USA Inc., UBTECH Robotics, Inc.

The GCC Interactive Robots Market has been segmented on the basis of product, application, and countries. Based on product, the market is segmented into mobile robots and stationary robots. On the basis of application, the market has been segmented into education and research, companion and humanoid, guidance and marketing, and assistance. Based on countries, the market is segmented into UAE, Saudi Arabia, Oman, Kuwait, and the Rest of GCC.

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Market Segmentation:

GCC Interactive Robots Market by Product

• • Mobile Robots
  • Stationary Robots

GCC Interactive Robots Market by Application

• • Education and Research
  • Companion and Humanoid
  • Guidance and Marketing
  • Assistance

    GCC Interactive Robots Market by Countries

• • UAE Interactive Robots Market All-Up (Option 1: Free 25% Customization)
  • Saudi Arabia Interactive Robots Market All-Up (Option 2: Free 25% Customization)
  • Oman Interactive Robots Market All-Up (Option 3: Free 25% Customization)
  • Kuwait Interactive Robots Market All-Up (Option 4: Free 25% Customization)
  • Rest of GCC Interactive Robots Market All-Up (Option 5: Free 25% Customization)

GCC Interactive Robots Leading Market Players (Option 6: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • SoftBank Group Corp.
  • Voxtron Middle East LLC
  • PAL Robotics
  • Ecovacs Robotics
  • Asustek Computer Inc.
  • Honda Motor Co., Ltd.
  • Dyson Group plc
  • Intuitive Surgical, Inc.
  • Temi USA Inc.
  • UBTECH Robotics, Inc.