The MEA communications interface market is expected to grow from US$ 428.01 million in 2022 to US$ 666.50 million by 2028. It is estimated to grow at a CAGR of 7.7% from 2022 to 2028.
Emergence of Industry 5.0 is Driving the MEA Communications Interface Market
Industry 5.0 is in a very nascent stage. Industry 5.0 collaborates advanced technology like artificial intelligence (AI) powered robots with human intelligence. It enables humans and technology to work together to increase production efficiency across manufacturing plants. The rapid emergence of industry 5.0 is increasing the demand for intelligent systems and collaborative robots. Major benefits of industry 5.0 include enterprise innovation and digitization; supply chain evaluation and optimization; transformation driven by IoT, AI, and Big Data; smart and sustainable manufacturing; and human-machine connectivity. The increasing awareness of industry 5.0 among industries is expected to fuel the demand for connected devices, providing growth opportunities for the MEA communication interface market over the forecast period.MEA Communications Interface Market Overview
The MEA communications interface market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of the MEA. The countries have experienced a rising adoption of advanced automated technologies for enhancing their manufacturing capabilities. In October 2021, the Ministry of Industry of Saudi Arabia announced its intention to automate 4,000 factories across the country within the next five years. The automation of factories comprises the adoption of artificial intelligence (AI), blockchain, robots, 3D-printing technologies, and internet of things (IoT). Additionally, the UAE has increased its investments in the Fourth Industrial Revolution (4IR) or Industry 4.0 to expand the manufacturing capabilities of the country. These factors are propelling the demand for robots and other IoT devices across the Middle East & Africa, thereby contributing to the growth of the MEA communication interface market. Over the years, the Middle East & Africa have increased their investments in the installation of smart grids across countries, such as the UAE. In April 2022, the Dubai Electricity and Water Authority announced the launch of the next phase of its smart grid strategy worth US$ 1.9 billion. These factors are expected to boost the demand for PLCs and offer lucrative business opportunities to PLC manufacturers across the region, which would propel the demand for communication interfaces during the forecast period. Additionally, South Africa has experienced a rise in manufacturing capabilities over the years. The production volume of South Africa increased by 2.9% in September 2022 compared to the same period in 2021. These factors are fueling the demand for automation technologies across the sector, which is further expected to contribute to the growth of the MEA communications interface market during the forecast period.MEA Communications Interface Market Segmentation
The MEA communications interface market is segmented into product, mode of communication, application, and country. Based on product, the market is segmented into 1-Port, 2-Port, and others segment. The 2-Port segment registered the largest market share in 2022.- Based on mode of communication, the MEA communications interface market is segmented into wired and wireless & hybrid. The wired segment registered a larger market share in 2022. Based on application, the MEA communications interface market is segmented into industrial networking, battery monitoring system, remote sensors communication, railway signalling system, machine to machine communication, and others. the remote sensors communication segment registered the largest market share in 2022. Based on country, the MEA communications interface market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. Saudi Arabia dominated the market share in 2022. ABB Ltd, Eaton Corp Plc, Honeywell International Inc, NXP Semiconductors NV, OMRON Corp, Parker Hannifin Corp, PR Electronics AS, Rockwell Automation Inc, and Socomec Holding SA are the leading companies operating in the MEA communications interface market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Communications Interface Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Communications Interface Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Automation Technologies Across Industries
5.1.2 Increasing Development of Robots
5.2 Market Restraints
5.2.1 High Operating and Maintenance Costs and Lack of Skilled Laborers
5.3 Market Opportunities
5.3.1 Emergence of Industry 5.0
5.4 Future Trends
5.4.1 Rising Adoption of Centralized Manufacturing Among Industries
5.5 Impact Analysis of Drivers and Restraints
6. Communications Interface Market - MEA Analysis
6.1 MEA Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
7. MEA Communications Interface Market Analysis - By Product
7.1 Overview
7.2 MEA Communications Interface Market, by Product (2021 & 2028)
7.3 1-Port
7.3.1 Overview
7.3.2 1-Port: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
7.4 2-Port
7.4.1 Overview
7.4.2 2-Port: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
8. MEA Communications Interface Market Analysis - By Mode of Communication
8.1 Overview
8.2 MEA Communications Interface Market, by Mode of Communication, (2021 & 2028)
8.3 Wired
8.3.1 Overview
8.3.2 Wired: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
8.3.2.1 Ethernet
8.3.2.1.1 Overview
8.3.2.1.2 Ethernet: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
8.3.2.2 USB
8.3.2.2.1 Overview
8.3.2.2.2 USB: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
8.3.2.3 RS-232/RS-485
8.3.2.3.1 Overview
8.3.2.3.2 RS-232/RS-485: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
8.3.2.4 Others
8.3.2.4.1 Overview
8.3.2.4.2 Others: Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Wireless & Hybrid
8.4.1 Overview
8.4.2 Wireless & Hybrid: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
9. MEA Communications Interface Market Analysis - By Application
9.1 Overview
9.2 MEA Communications Interface Market, by Application, (2021 & 2028)
9.3 Industrial Networking
9.3.1 Overview
9.3.2 Industrial Networking: Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Battery Monitoring System
9.4.1 Overview
9.4.2 Battery Monitoring System: Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Remote Sensors Communication
9.5.1 Overview
9.5.2 Remote Sensors Communication: Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Railway Signalling System
9.6.1 Overview
9.6.2 Railway Signalling System: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
9.7 Machine to Machine Communication
9.7.1 Overview
9.7.2 Machine to Machine Communication: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
10. MEA Communications Interface Market - Country Analysis
10.1 Overview
10.1.1 Middle East & Africa: Communications Interface Market, by Country
10.1.1.1 South Africa: Communications Interface Market, Revenue and Forecast to 2028
10.1.1.1.1 South Africa: Communications Interface Market, by Product
10.1.1.1.2 South Africa: Communications Interface Market, by Mode of Communication
10.1.1.1.2.1 South Africa: Communications Interface Market, by Wired
10.1.1.1.3 South Africa: Communications Interface Market, by Application
10.1.1.2 Saudi Arabia: Communications Interface Market, Revenue and Forecast to 2028
10.1.1.2.1 Saudi Arabia: Communications Interface Market, by Product
10.1.1.2.2 Saudi Arabia: Communications Interface Market, by Mode of Communication
10.1.1.2.2.1 Saudi Arabia: Communications Interface Market, by Wired
10.1.1.2.3 Saudi Arabia: Communications Interface Market, by Application
10.1.1.3 UAE: Communications Interface Market, Revenue and Forecast to 2028
10.1.1.3.1 UAE: Communications Interface Market, by Product
10.1.1.3.2 UAE: Communications Interface Market, by Mode of Communication
10.1.1.3.2.1 UAE: Communications Interface Market, by Wired
10.1.1.3.3 UAE: Communications Interface Market, by Application
10.1.1.4 Rest of MEA: Communications Interface Market, Revenue and Forecast to 2028
10.1.1.4.1 Rest of MEA: Communications Interface Market, by Product
10.1.1.4.2 Rest of MEA: Communications Interface Market, by Mode of Communication
10.1.1.4.2.1 Rest of MEA: Communications Interface Market, by Wired
10.1.1.4.3 Rest of MEA: Communications Interface Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 ABB Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Eaton Corp Plc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Honeywell International Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 OMRON Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Parker Hannifin Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 PR Electronics AS
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Rockwell Automation Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Socomec Holding SA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 NXP Semiconductors NV
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index
Table 1. MEA Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Middle East & Africa: Communications Interface Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa: Communications Interface Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. South Africa: Communications Interface Market, by Wired - Revenue and Forecast to 2028 (US$ Million)
Table 6. South Africa: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia: Communications Interface Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia: Communications Interface Market, by Wired - Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE: Communications Interface Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 12. UAE: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 13. UAE: Communications Interface Market, by Wired - Revenue and Forecast to 2028 (US$ Million)
Table 14. UAE: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of MEA: Communications Interface Market, by Product - Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of MEA: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of MEA: Communications Interface Market, by Wired - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of MEA: Communications Interface Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 19. List of Abbreviation
Figure 1. MEA Communications Interface Market Segmentation
Figure 2. MEA Communications Interface Market Segmentation - By Country
Figure 3. MEA Communications Interface Market Overview
Figure 4. MEA Communications Interface Market, by Product
Figure 5. MEA Communications Interface Market, by Country
Figure 6. Middle East & Africa: PEST Analysis
Figure 7. Expert Opinion
Figure 8. MEA Communications Interface Market Impact Analysis of Drivers and Restraints
Figure 9. MEA Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. MEA Communications Interface Market Revenue, By Product (2021 & 2028)
Figure 11. 1-Port: MEA Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 12. 2-Port: MEA Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 13. Others: MEA Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 14. MEA Communications Interface Market, by Mode of Communication (2021 & 2028)
Figure 15. Wired: MEA Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 16. Ethernet: MEA Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
Figure 17. USB: MEA Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
Figure 18. RS-232/RS-435: MEA Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
Figure 19. Others: MEA Communications Interface Market- Revenue and Forecast to 2028 (US$ Million)
Figure 20. Wireless & Hybrid: MEA Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 21. MEA Communications Interface Market, by Application (2021 & 2028)
Figure 22. Industrial Networking: MEA Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Battery Monitoring System: MEA Communications Interface Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Remote Sensors Communication: MEA Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 25. Railway Signalling System: MEA Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 26. Machine to Machine Communication: MEA Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 27. Others: MEA Communications Interface Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 28. MEA Communications Interface Market, by Key Country - Revenue (2021) (US$ Million)
Figure 29. Middle East & Africa: Communications Interface Market, by Country, 2021 & 2028 (%)
Figure 30. South Africa: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
Figure 31. Saudi Arabia: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
Figure 32. UAE: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of MEA: Communications Interface Market, Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- ABB Ltd
- Eaton Corp Plc
- Honeywell International Inc
- NXP Semiconductors NV
- OMRON Corp
- Parker Hannifin Corp
- PR Electronics AS
- Rockwell Automation Inc
- Socomec Holding SA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 128 |
| Published | January 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 428.01 Million |
| Forecasted Market Value ( USD | $ 666.5 Million |
| Compound Annual Growth Rate | 7.7% |
| Regions Covered | Africa, Middle East |
| No. of Companies Mentioned | 9 |
