Middle East & Africa Warehouse Automation Market Size & Outlook
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MEA warehouse automation market highlights
- The MEA warehouse automation market generated a revenue of USD 628.8 million in 2023.
- The market is expected to grow at a CAGR of 15% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software 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 628.8 million |
| Market revenue in 2030 | USD 1,563.5 million |
| Growth rate | 15% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Hardware, Software |
| Key market players worldwide | Dematic, Daifuku Co Ltd, Swisslog, Honeywell International Inc, Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos, Murata Machinery, KNAPP AG, Kardex Holding AG Registered Shares, Mecalux Espana, BEUMER Group, SSI Schaefer Systems International North America |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.3% of the global warehouse 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 18,578.9 million by 2030.
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Warehouse Automation Market Scope
Warehouse Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Murata Machinery | View profile | 501-1000 | Kyoto, Kyoto, Japan, Asia | http://muratec.net/ |
| Dematic | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | http://www.dematic.com/en |
| Mecalux Espana | View profile | 101-250 | Cornellá De Llobregat, Catalonia, Spain, Europe | https://www.mecalux.es |
| KNAPP AG | View profile | 1001-5000 | Radegund Bei Graz, Steiermark, Austria, Europe | https://www.knapp.com |
| BEUMER Group | View profile | 5001-10000 | Beckum, Nordrhein-Westfalen, Germany, Europe | https://www.beumergroup.com |
| Swisslog | View profile | 5001-10000 | Buchs, Inner-Rhoden, Switzerland, Europe | http://swisslog.com |
| SSI Schaefer Systems International North America | View profile | 10001+ | Thane, Maharashtra, India, Asia | http://ssi-schaefer.us |
| Kardex Holding AG Registered Shares | View profile | 2400 | Thurgauerstrasse 40, Zurich, Switzerland, 8050 | https://www.kardex.com |
| Jungheinrich AG Vorz-Inhaber-Akt stimmrechtslos | View profile | 48492 | Friedrich-Ebert-Damm 129, Hamburg, Germany, 22047 | https://www.jungheinrich.com |
| Daifuku Co Ltd | View profile | 13020 | 3-2-11, Mitejima, Nishiyodogawa-ku,, Osaka, Japan, 555-0012 | http://www.daifuku.co.jp |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Middle East & Africa warehouse 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 warehouse automation market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 62.39% in 2023. Horizon Databook has segmented the Middle East & Africa warehouse automation market based on services, hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
The warehouse automation market in the Middle East & Africa (MEA) is growing rapidly due to the region's strategic importance as a trade and logistics hub. Major ports in countries like the UAE and Saudi Arabia are expanding to handle increasing trade flows, necessitating the adoption of automated systems for efficient goods handling and storage.
The growth of e-commerce in markets like Saudi Arabia and the UAE is further driving the demand for faster deliveries and improved inventory management, driving the need for automation in warehouses.
Government initiatives, such as Saudi Arabia's Vision 2030, are also boosting the adoption of warehouse automation by focusing on economic diversification and infrastructure development. As labor costs rise in many MEA countries, automation offers a cost-effective solution to enhance productivity and safety.
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Target buyers of Middle East & Africa warehouse automation market databook
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Our clientele includes a mix of warehouse 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa warehouse automation market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa warehouse automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA warehouse automation market size, by country, 2018-2030 (US$M)
Middle East & Africa Warehouse Automation Market Outlook Share, 2023 & 2030 (US$M)
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