UAE Logistics Automation Market Size & Outlook, 2023-2030
UAE logistics automation market, 2018-2030 (US$M)
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UAE logistics automation market highlights
- The UAE logistics automation market generated a revenue of USD 273.0 million in 2023 and is expected to reach USD 718.4 million by 2030.
- The UAE market is expected to grow at a CAGR of 14.8% 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.
Logistics automation market data book summary
| Market revenue in 2023 | USD 273.0 million |
| Market revenue in 2030 | USD 718.4 million |
| Growth rate | 14.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UAE accounted for 0.8% of the global logistics automation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia logistics automation market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 718.4 million by 2030.
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Logistics Automation Market Scope
Logistics Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 65.9% in 2023. Horizon Databook has segmented the UAE logistics automation market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Businesses in the region are focusing on digitizing distribution centers and warehouses, with the use of Artificial Intelligence (AI) and automation-driven technologies. Moreover, businesses are looking to optimize space and reduce costs using automation technologies.
The company’s hardware portfolio includes picking robots, sorting robots, and conveyor systems. Its software portfolio includes Transportation Management Systems (TMS) and Warehouse Management Systems (WMS).
The increasing demand for faster delivery and the rising adoption of automotive technologies are propelling the growth of the logistics automation market in the UAE.
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Target buyers of UAE 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 country-level data and insights on the UAE logistics automation market , including forecasts for subscribers. This country databook contains high-level insights into UAE logistics automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE logistics automation market size, by component, 2018-2030 (US$M)
UAE Logistics Automation Market Outlook Share, 2023 & 2030 (US$M)
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