Market revenue in 2023 | USD 20,519.1 million |
Market revenue in 2030 | USD 37,024.1 million |
Growth rate | 8.8% (CAGR from 2023 to 2030) |
Largest segment | Dcs |
Fastest growing segment | SCADA |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | DCS, PLC, SCADA |
Key market players worldwide | ABB Ltd, Emerson Electric Co, Honeywell International Inc, Kawasaki Heavy Industries Ltd, Mitsubishi Electric Corp, OMRON Corp, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Yokogawa Electric Corp. |
Dcs was the largest segment with a revenue share of 33.37% in 2023. Horizon Databook has segmented the Middle East & Africa industrial automation and control systems market based on dcs, plc, scada covering the revenue growth of each sub-segment from 2018 to 2030.
The increase in adoption of industry 4.0 as a part of industrial modernization in the GCC countries drives the market for industrial automation and control systems in the region. Therefore, the penetration of Industry 4.0 and IoT for autonomous functioning at various phases in the value chain is expected to create market opportunities in the region.
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