Middle East & Africa Logistics Automation Market Size & Outlook
Middle East & Africa logistics automation market, 2018-2030 (US$M)
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MEA logistics automation market highlights
- The MEA logistics automation market generated a revenue of USD 2,096.8 million in 2023.
- The market is expected to grow at a CAGR of 13.7% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 2,096.8 million |
| Market revenue in 2030 | USD 5,135.2 million |
| Growth rate | 13.7% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | KION GROUP AG, Daifuku Co Ltd, Honeywell International Inc, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, Murata Manufacturing Co Ltd, Kardex Holding AG Registered Shares, Toyota Industries Corp, Oracle Corp, SAP SE, Kuka Automatisering Robots, KNAPP AG, TGW Logistics Group, Mecalux Espana, BEUMER Group, SSI SCHAEFER, Witron, One Network Enterprises |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.1% of the global logistics automation market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25,542.8 million by 2030.
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Logistics Automation Market Scope
Logistics Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa logistics automation 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 logistics automation market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 65.95% in 2023. Horizon Databook has segmented the Middle East & Africa logistics automation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Middle East & Africa (MEA) has an underdeveloped technology infrastructure, especially in the SubSaharan African region. According to GSM Association (GSMA), in 2021, 49% of smartphone connections were recorded in Sub-Saharan Africa.
However, the technology infrastructure in the region is improving with rising 5G-related activities. For instance, in August 2022, MTN Nigeria Communications PLC, a Nigeria-based mobile operator, launched a 5G pilot for commercial launch.
According to The World Bank Group, in 2021, 8% of companies in the Middle East & North Africa (MENA) region invested in Research & Development (R&D) across different sectors.
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Target buyers of Middle East & Africa logistics automation market databook
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Our clientele includes a mix of logistics automation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa logistics automation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa logistics automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA logistics automation market size, by country, 2018-2030 (US$M)
Middle East & Africa Logistics Automation Market Outlook Share, 2023 & 2030 (US$M)
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