The MEA airport robots market is expected to grow from US$ 36.11 million in 2021 to US$ 141.77 million by 2028; it is estimated to grow at a CAGR of 21.6% from 2021 to 2028.
The growing investment in developing countries is expected to escalate the MEA airport robots market growth in the coming years.Developing countries have become a hub of opportunities for various markets, including the MEA airport robots market.
Government authorities in these countries are planning and investing a huge amount in the advancement of technologies to improve the overall infrastructure.Transportation and logistics activities are huge contributors to the development of any country, and therefore, developing countries are extensively focusing on enhancing and improving their transportation and logistics infrastructure, including air, road, and sea transport.
Airways is an important mode of transportation; hence, governments of developing countries have planned the development and revamping of various mid-size and large airports.Developing countries including South Africa and Kuwait, are also expanding and revamping airports.
As a part of the expansion and revamping strategy, these airports would also be passing tenders on acquiring technologically advanced equipment such as robots, for ensuring convenience and providing a superior experience to passengers. Hence, the MEA airport robot market players have huge opportunities to offer best-in-class and highly reliable and cost-efficient robots for such new airport projects.
In the case of COVID-19, Iran has reported the highest number of cases.Moreover, Turkey, Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait are among the other countries in the region that faced notable disruptive effects of the COVID-19 pandemic.
The lockdown measures were imposed only in a few countries that witnessed the rapid spread of the infection.However, in line with the global trend, the airport robots market in the MEA region witnessed a negative effect of the pandemic.
The demand for new airport robots staggered, and since manufacturing facilities faced logistic issues and raw material procurement issues, the overall manufacturing schedule was impacted too.However, the situation improved from the beginning of 2021, and various domestic and international airport modified their sanitation procedure.
They are now willing to invest and procure new and advanced airport robots, creating immense opportunities in the MEA region.
Based on terminal segment, the airport security and cleaning subsegment is expected to be the fastest-growing during the forecast period.Governments across the region are investing significantly in advanced technologies such as robotics to empower security infrastructure at airports.
Conventional explosives, weapons, chemical agents, and contraband are the most instant perceived threats that need to be detected at airports.The robots used in security check applications at airports are integrated with features such as facial recognition systems, sensors, and cameras that enable them to measure pulse rate remotely, which allows them to detect suspicious people and activities, with unauthorized currencies, weapons, and explosives, abandoned objects, and other illicit materials.
The security check is performed without disturbing the operations or flow of passengers at airports.Moreover, owing to the COVID-19 outbreak, airports across the region are allocating a significant amount of funds for cleaning and sanitation.
The growing adoption of modern sanitization equipment, including robots as well as security robots, will drive the MEA airport robots market in the coming years.
The overall MEA airport robots market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the MEA airport robots market.
The process also serves the purpose of obtaining an overview and forecast for the MEA airport robots market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the MEA airport robots market. ABB Ltd., Avidbots Corp., LG Electronics, SITA, and SoftBank Robotics are among the key players operating in the MEA airport robots market.
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