The Middle East and Africa Factory Automation market size is expected to reach US$ 21.40 billion by 2031 from 12.19 billion in 2023, at an estimated CAGR of 7.3% from 2023 to 2031.
The Middle East and Africa Factory Automation market is segmented into the Saudi Arabia, UAE, Egypt, South Africa, Nigeria, Algeria, Morocco, and Rest of Middle East and Africa. The factory automation market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, Algeria, Nigeria, Egypt, Morocco, and the Rest of Middle East & Africa. The above countries in the region are highly automating their factories to improve manufacturing operations. The Ministry of Industry and Mineral Resources has taken the Future Factories Program Initiative to automate ~4,000 factories in Saudi Arabia.
The program intends to transit 4,000 factories toward the adoption of the fourth industrial revolution, automation, and sophisticated industrial technologies that further enhance operational efficiency and manufacturing capabilities. Moreover, the government of Saudi Arabia is taking initiatives toward the adoption of industrial robots. For instance, according to Telecommunications and Digital Government Regulatory Authority (TDRA) data, The Dubai Robotics and Automation (R&A) Program intends to boost the robotics sector's contribution to 9% of Dubai's GDP before 2032. As part of the initiative, 200,000 robots will be provided over the following ten years until 2032. This raises the efficiency and productivity in a variety of industries, including logistics, and transportation, among others. Thus, significant government initiatives towards factory automation are leading to the growth of the MEA factory automation market.
The oil & gas industry’s expansion and growing investments in the industry to adopt a wide range of factory automation hardware and software are expected to create opportunities for the MEA factory automation market growth during the forecast period. According to the Arab Petroleum Investments Corporation’s (APICORP) MENA ENERGY INVESTMENT OUTLOOK 2021-2025 report, various countries in the MEA have invested approximately US$ 70-130 billion in the oil & gas sector for unconventional gas developments and automating operational activities in the region. Thus, the growing investment in the oil & gas industry and rising awareness related to the benefits of factory automation solutions fuel the market growth in the Middle East & Africa.
The Middle East and Africa Factory Automation market analysis has been carried out by considering the following segments: Component and Industry Vertical.
On the basis of component, the Middle East and Africa factory automation market has been segmented into hardware and software. Flow Sensors and Pressure Sensors are crucial components in factory automation, enabling the measurement and monitoring of fluid and gas flow, as well as the pressure of liquids and gases. Flow sensors, such as differential pressure flow sensors, utilize differential pressure to calculate fluid velocity, while pressure sensors detect the pressure of liquids and gases. These sensors play a vital role in systems to measure variables such as fluid/gas flow, speed, water level, and altitude, contributing to the efficient and reliable operation of automated machines in modern factories. Cylinders and actuators, including a diverse range of types and accessories, form the backbone of factory automation, enabling precise and efficient motion control in a wide array of industrial processes. These components play crucial roles in ensuring the seamless operation of automated systems, contributing to enhanced productivity and reliability.
Moreover, factors such as advancements in industry 4.0 propel the Middle East and Africa Factory Automation market growth. Also, advancements in robotics and AI is expected to bring new Middle East and Africa Factory Automation market trends in the coming years.
On the basis of industry vertical, the Middle East and Africa factory automation market has been segmented into automotive, food and beverage packaging, manufacturing, mining, metals, pulp and paper, life science and pharma, cement, glass, transportation, infrastructure, power, and others. Factory automation plays a pivotal role in the automotive industry, revolutionizing the production process through various applications. Robotic arms are utilized for tasks such as welding, painting, and assembly, increasing efficiency and precision while also ensuring worker safety by handling hazardous materials and repetitive tasks. Automated guided vehicles (AGVs) transport materials and components within the factory, thereby optimizing logistics and reducing the need for manual handling. Furthermore, automated inspection systems use advanced technologies such as machine vision to detect defects and ensure the quality of the final products. These applications of factory automation in the automotive industry not only streamline production processes but also enhance overall productivity and product quality
Rockwell Automation Inc, Siemens AG, OMRON Corp, Mitsubishi Electric Corp, Schneider Electric SE, Delta Electronics Inc, Inductive Automation LLC, Honeywell International Inc, SMC Corp, CKD Corporation, Airtac International Group, IMI Plc, Parker Hannifin Corp, Festo SE & Co. KG, and AVEVA Group Plc are among the key players profiled in the Middle East and Africa Factory Automation market report.
The Middle East and Africa Factory Automation market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Middle East and Africa Factory Automation market growth. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights.
This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Middle East and Africa Factory Automation market.
The Middle East and Africa Factory Automation market is segmented into the Saudi Arabia, UAE, Egypt, South Africa, Nigeria, Algeria, Morocco, and Rest of Middle East and Africa. The factory automation market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, Algeria, Nigeria, Egypt, Morocco, and the Rest of Middle East & Africa. The above countries in the region are highly automating their factories to improve manufacturing operations. The Ministry of Industry and Mineral Resources has taken the Future Factories Program Initiative to automate ~4,000 factories in Saudi Arabia.
The program intends to transit 4,000 factories toward the adoption of the fourth industrial revolution, automation, and sophisticated industrial technologies that further enhance operational efficiency and manufacturing capabilities. Moreover, the government of Saudi Arabia is taking initiatives toward the adoption of industrial robots. For instance, according to Telecommunications and Digital Government Regulatory Authority (TDRA) data, The Dubai Robotics and Automation (R&A) Program intends to boost the robotics sector's contribution to 9% of Dubai's GDP before 2032. As part of the initiative, 200,000 robots will be provided over the following ten years until 2032. This raises the efficiency and productivity in a variety of industries, including logistics, and transportation, among others. Thus, significant government initiatives towards factory automation are leading to the growth of the MEA factory automation market.
The oil & gas industry’s expansion and growing investments in the industry to adopt a wide range of factory automation hardware and software are expected to create opportunities for the MEA factory automation market growth during the forecast period. According to the Arab Petroleum Investments Corporation’s (APICORP) MENA ENERGY INVESTMENT OUTLOOK 2021-2025 report, various countries in the MEA have invested approximately US$ 70-130 billion in the oil & gas sector for unconventional gas developments and automating operational activities in the region. Thus, the growing investment in the oil & gas industry and rising awareness related to the benefits of factory automation solutions fuel the market growth in the Middle East & Africa.
The Middle East and Africa Factory Automation market analysis has been carried out by considering the following segments: Component and Industry Vertical.
On the basis of component, the Middle East and Africa factory automation market has been segmented into hardware and software. Flow Sensors and Pressure Sensors are crucial components in factory automation, enabling the measurement and monitoring of fluid and gas flow, as well as the pressure of liquids and gases. Flow sensors, such as differential pressure flow sensors, utilize differential pressure to calculate fluid velocity, while pressure sensors detect the pressure of liquids and gases. These sensors play a vital role in systems to measure variables such as fluid/gas flow, speed, water level, and altitude, contributing to the efficient and reliable operation of automated machines in modern factories. Cylinders and actuators, including a diverse range of types and accessories, form the backbone of factory automation, enabling precise and efficient motion control in a wide array of industrial processes. These components play crucial roles in ensuring the seamless operation of automated systems, contributing to enhanced productivity and reliability.
Moreover, factors such as advancements in industry 4.0 propel the Middle East and Africa Factory Automation market growth. Also, advancements in robotics and AI is expected to bring new Middle East and Africa Factory Automation market trends in the coming years.
On the basis of industry vertical, the Middle East and Africa factory automation market has been segmented into automotive, food and beverage packaging, manufacturing, mining, metals, pulp and paper, life science and pharma, cement, glass, transportation, infrastructure, power, and others. Factory automation plays a pivotal role in the automotive industry, revolutionizing the production process through various applications. Robotic arms are utilized for tasks such as welding, painting, and assembly, increasing efficiency and precision while also ensuring worker safety by handling hazardous materials and repetitive tasks. Automated guided vehicles (AGVs) transport materials and components within the factory, thereby optimizing logistics and reducing the need for manual handling. Furthermore, automated inspection systems use advanced technologies such as machine vision to detect defects and ensure the quality of the final products. These applications of factory automation in the automotive industry not only streamline production processes but also enhance overall productivity and product quality
Rockwell Automation Inc, Siemens AG, OMRON Corp, Mitsubishi Electric Corp, Schneider Electric SE, Delta Electronics Inc, Inductive Automation LLC, Honeywell International Inc, SMC Corp, CKD Corporation, Airtac International Group, IMI Plc, Parker Hannifin Corp, Festo SE & Co. KG, and AVEVA Group Plc are among the key players profiled in the Middle East and Africa Factory Automation market report.
The Middle East and Africa Factory Automation market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Middle East and Africa Factory Automation market growth. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights.
This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Middle East and Africa Factory Automation market.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East and Africa factory automation market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East and Africa factory automation market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Middle East and Africa Factory Automation Market Landscape
5. Middle East and Africa Factory Automation Market - Key Market Dynamics
6. Middle East and Africa Factory Automation Market Analysis
7. Middle East and Africa Factory Automation Market Analysis - by Component
8. Middle East and Africa Factory Automation Market Analysis - by Industry Vertical
9. Middle East and Africa Factory Automation Market - Country Analysis
10. Competitive Landscape
11. Industry Landscape
12. Company Profiles
13. Appendix
Companies Mentioned
- Middle East and Africa Factory Automation Market
- Rockwell Automation Inc
- Siemens AG
- OMRON Corp
- Mitsubishi Electric Corp
- Schneider Electric SE
- Delta Electronics Inc
- Inductive Automation LLC
- Honeywell International Inc
- SMC Corp
- CKD Corporation
- Airtac International Group
- IMI Plc
- Parker Hannifin Corp
- Festo SE & Co. KG
- AVEVA Group Plc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 227 |
Published | August 2024 |
Forecast Period | 2023 - 2031 |
Estimated Market Value in 2023 | 12.19 Billion |
Forecasted Market Value by 2031 | 21.4 Billion |
Compound Annual Growth Rate | 7.3% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 16 |