Middle East & Africa Warehouse Automation Market Size & Outlook
The warehouse automation market in Middle East & Africa is expected to reach a projected revenue of US$ 1,563.5 million by 2030. A compound annual growth rate of 15% is expected of Middle East & Africa warehouse automation market from 2024 to 2030.
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.
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.
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 Outlook 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.
Middle East & Africa Warehouse Automation Market Component Outlook (Revenue, USD Million , 2018-2030)
Hardware
Software
Services
Middle East & Africa Warehouse Automation Market Automation Level Outlook (Revenue, USD Million , 2018-2030)
Basic Automation
Intermediate Automation
Advanced Automation
Autonomous Warehouses
Middle East & Africa Warehouse Automation Market Application Outlook (Revenue, USD Million , 2018-2030)
Retail & E-commerce
Healthcare
Automotive
Aerospace & Defense
Electronics & Semiconductors
Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Warehouse Automation Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Warehouse Automation Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Warehouse Automation Market, 2018-2030 (US$M)