Middle East & Africa Automated Material Handling Equipment Market Size & Outlook
Middle East & Africa automated material handling equipment market, 2018-2030 (US$M)
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MEA automated material handling equipment market highlights
- The MEA automated material handling equipment market generated a revenue of USD 2,568.3 million in 2023.
- The market is expected to grow at a CAGR of 9% from 2024 to 2030.
- In terms of segment, robots was the largest revenue generating product in 2023.
- Collaborative Robots is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 2,568.3 million |
| Market revenue in 2030 | USD 4,692.4 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Robots |
| Fastest growing segment | Collaborative Robots |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Robots, AS/RS, Conveyors Systems, Sortation Systems, Cranes, Collaborative Robots, Autonomous Mobile Robots, Automated Guided Vehicle, Warehouse Management System |
| Key market players worldwide | Daifuku Co Ltd, KION GROUP AG, Honeywell International Inc, Toyota Motor Corp, Hyster-Yale Materials Handling Inc Class A, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, John Bean Technologies Corp, SSI Schaefer Systems International North America, Hanwha, KUKA Robotics |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.2% of the global automated material handling equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 26,437.6 million by 2030.
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Automated Material Handling Equipment Market Scope
Automated Material Handling Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa automated material handling equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automated material handling equipment market will help companies and investors design strategic landscapes.
Robots was the largest segment with a revenue share of 24.14% in 2023. Horizon Databook has segmented the Middle East & Africa automated material handling equipment market based on robots, as/rs, conveyors systems, sortation systems, cranes, collaborative robots, autonomous mobile robots, automated guided vehicle, warehouse management system covering the revenue growth of each sub-segment from 2018 to 2030.
Automated material handling equipment adoption is increasing in the Middle East and Africa due to government investments in infrastructure development and modernization. As these efforts increase, there is a growing need for automated material-handling equipment to support these initiatives.
The growing e-commerce market is also driving adoption in the region. Automated systems are essential for efficiently handling large orders generated by online shopping. The adoption of AMH equipment is also gaining prevalence in healthcare industries simultaneously.
The system is in Jeddah's industrial area and has significantly improved the country's logistics capacity and ability to distribute pharmaceutical products safely and reliably. The Nahdi Distribution Center is also the first automated pharmaceutical facility in Saudi Arabia.
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Our clientele includes a mix of automated material handling equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa automated material handling equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa automated material handling equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa automated material handling equipment market
Middle East & Africa Automated Material Handling Equipment Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa automated material handling equipment market
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