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Middle East & Africa Industrial Automation Market
No. of Pages: 117 | Report Code: TIPRE00029169 | Category: Electronics and Semiconductor
No. of Pages: 117 | Report Code: TIPRE00029169 | Category: Electronics and Semiconductor
The increasing number of online shoppers across both the regions is constantly influencing the adoption of automation across the e-commerce industry. Significant automation applications across the sector include workflow process automation and automated storage and inventory retrieval.
Inventory sold by e-commerce sellers is stored in warehouses, and to reduce the time for sorting and stocking of these products, Automated Storage and Retrieval Systems (ASRS) seems to be one of the best tools. The purchasing pattern of consumers is moving toward online shopping. Further, customers expect faster delivery time, owing to which e-commerce players are adopting automation in their processes. The fluctuations in demand of stock-keeping units (SKUs) create complexities in picking operations, which slows down the fulfilment process.
The demand for automation in e-commerce is highly varying, owing to which the forward pick areas must be continuously adjusted to aid the fluctuation in demand. Along with managing SKU demand fluctuations, an ASRS also advances the fulfilment process, thus allowing e-commerce and omnichannel retailers to adhere better to service level agreements by fulfilling order delivery commitments.
Several e-commerce giants have also increased their investment in automating their warehouse facilities over the years. Additionally, new products and technologies are being launched regularly to support the growing automation of warehouses. For instance, in June 2022, Amazon announced the launch of a new fleet of robots and automated systems. An autonomous robot, named Proteus, and robotic system titled Cardinal, was announced by Amazon. As per the company, Proteus allows for full autonomy of the warehouse floor and can operate in a manner that augments simple, safe interaction between technology and people. These factors are expected to boost the growth of the Middle East & Africa industrial automation market over the forecast period.
Industry 4.0 is expanding due to the use of AI, machine learning, robotics, and other advanced technologies. These technologies are being increasingly adopted by manufacturers in the MEA, as they offer the potential to improve efficiency and productivity. In recent years, there has been a growing trend toward deploying automated systems in the manufacturing sector as companies seek ways to improve their efficiency, productivity, and product quality. The region has been experiencing a rise in labor costs. Automation can help in reducing labor costs and improve productivity. The manufacturing sector of the MEA is the largest end-user of industrial automation systems, as these systems are used in a variety of manufacturing processes, such as food and beverage, automotive, and textiles. Additionally, the oil & gas industry is another major end-user of industrial automation systems in the MEA. Automation is used in drilling and production and a variety of other oil and gas operations. Also, governments and private enterprises are major end-users of industrial automation systems in the region. They use automation to improve the efficiency of their operations, such as transportation and water management.
The Middle East & Africa industrial automation market in the region is being driven by the growing need for automation in the manufacturing sector, the increasing adoption of Industry 4.0 technologies, government initiatives to promote automation, and rising labor costs.
The Middle East & Africa industrial automation market is segmented into component, system, end user, and country.
Based on component, the Middle East & Africa industrial automation market is segmented into hardware and software. The hardware segment held a larger share of the Middle East & Africa industrial automation market in 2022. The hardware is further sub segmented into motors and drives, robots, sensors, machine vision systems, and others.
Based on system, the Middle East & Africa industrial automation market is segmented into supervisory control and data acquisition, distributed control system, programmable logic control, and other. The distributed control system segment held the largest share of the Middle East & Africa industrial automation market in 2022.
Based on end user, the Middle East & Africa industrial automation market is segmented into oil & gas, automotive, food & beverage, chemical & materials, aerospace & defense, and others. The automotive segment held the largest share of the Middle East & Africa industrial automation market in 2022.
Based on country, the Middle East & Africa industrial automation market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa industrial automation market in 2022.
ABB Ltd, Emerson Electric Co, Hitachi Ltd, Honeywell International Inc, Mitsubishi Electric Corp, OMRON Corp, Rockwell Automation Inc, Schneider Electric SE, and Siemens AG are some of the leading companies operating in the Middle East & Africa industrial automation market.
Strategic insights for the Middle East & Africa Industrial Automation provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 3,667.75 Million |
Market Size by 2030 | US$ 6,162.94 Million |
Global CAGR (2022 - 2030) | 6.7% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Component
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Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
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The geographic scope of the Middle East & Africa Industrial Automation refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Middle East & Africa Industrial Automation Market is valued at US$ 3,667.75 Million in 2022, it is projected to reach US$ 6,162.94 Million by 2030.
As per our report Middle East & Africa Industrial Automation Market, the market size is valued at US$ 3,667.75 Million in 2022, projecting it to reach US$ 6,162.94 Million by 2030. This translates to a CAGR of approximately 6.7% during the forecast period.
The Middle East & Africa Industrial Automation Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Industrial Automation Market report:
The Middle East & Africa Industrial Automation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Industrial Automation Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Industrial Automation Market value chain can benefit from the information contained in a comprehensive market report.