Middle East and Africa Industrial Automation Services Market: Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Type of Service, Product Type, End User and Countries.
Middle East and Africa Industrial Automation Services Market size was valued at US$ 10.41 Bn. in 2020 and the market size is estimated to grow at a CAGR of 7.51% and is expected to reach at US$ 17.28 Bn. by 2027.
Format : PDF | Report ID : SMR_247
Middle East and Africa Industrial Automation Services Market Overview & Dynamics:
Looking forward, the MEA market is projected to reach a value of US$ 17.28 Bn. by 2027, expanding at a CAGR of around 7.51 % during 2020-2027. Governments across the Middle East and Africa are focused on the growth of process and discrete industries by adopting various efforts and strategies backed by investments to enhance efficiency in order to meet rising demand and changing consumer habits.
Manufacturers in MEA are striving to use automation and Industry 4.0 solutions to improve their efficiency as the demand for more throughput and lower prices continues. Manufacturers are aiming for a complete digital thread, from materials tracking to production and distribution. Automation is increasingly being used by manufacturers to improve precision and uniformity while also enhancing operational efficiency. Robotics, machine vision, IIoT, and other digital technologies are advancing the future of automation in MEA industrial industries.
Following the worldwide economic slowdown triggered by COVID-19, the Middle Eastern and African factory automation and industrial control system markets had a positive demand impact and a mixed supply impact in the first half of 2020. Since most enterprises operating in the end-user industries (primarily manufacturing and automotive) had shuttered their production due to lockdown restrictions, smart factory initiatives have helped manufacturers overcome COVID-19 challenges and address issues such as workforce reductions, drops in sales for some specific products, social distancing, and extreme pressure to cut operational costs.
GCC Countries is expected to Hold Significant Share:
The GCC is looking to usher in a new era of manufacturing based on modern industrial society. One of the primary elements driving growth in the region's automation and manufacturing industries is the growing active cooperation between government, regulators, and organizations for economic development. During the forecast period, the GCC is expected to grow at the fastest rate of 8.12%.
From 2021 to 2027, Saudi Arabia is expected to have the highest nearly 53% share of the GCC countries' Industrial Automation Services Market. The expanded deployment of many IoT-related software and services, which are constantly driving the country to become a Middle East and Africaly known technology-driven economy, is causing considerable growth in the industrial sector in Saudi Arabia. In addition to the manufacturing sector, the country's food processing industry is well positioned to generate significant development in the future years.
DCS Segment Is Expected to Grow at The Highest CAGR Of 8.52% Over 2021-2027.
By Product Type, DCS segment was valued US$ XX Bn. in 2020 and is expected to reach a value of US$ XX Bn. by 2027, with a CAGR of 41.23% during the forecast period. DCS type is expected to have a high demand owing to the rapid growth of industrialization among developing countries, derived from labour arbitrage. Likewise, the report will provide an accurate prediction of the contribution of the various segments to the growth of the MEA industrial automation services market size.
Key developments in the Middle East and Africa Industrial Automation Services market, as well as organic and inorganic growth strategies, are covered in the studies. Product launches, product approvals, and other organic growth tactics such as patents and events are being prioritised by a number of companies.
Rockwell Automation PlantPax created a modern DCS in April 2020 to optimise plant performance for the oil and gas industry in the Middle East and Africa.
October 2020 - ABB Limited has teamed with IBM to improve industrial cybersecurity by connecting its process control systems to the IBM security platform for digital threat visibility. This is supposed to assist industrial operators strengthen their security.
The objective of the report is to present a comprehensive analysis of the Middle East and Africa Industrial Automation Services Market to the stakeholders in the industry. The report provides trends that are most dominant in the Middle East and Africa Industrial Automation Services Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Middle East and Africa Industrial Automation Services Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Middle East and Africa Industrial Automation Services Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Middle East and Africa Industrial Automation Services Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Middle East and Africa Industrial Automation Services Market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Market. The report also analyses if the Middle East and Africa Industrial Automation Services Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Middle East and Africa Industrial Automation Services Market is aided by legal factors.
East and Africa Industrial Automation Services Scope:
Middle East and Africa Industrial Automation Services Market
by Type of Service
by Product Type
by End User
Market Size in 2020:
US$ 10.41 Bn.
Market size in 2027:
US$ 17.28 Bn.
Major players in Middle East and Africa Industrial Automation Services Market:
- ABB Ltd.
- Siemens AG
- General Electric
- Mitsubishi Electric Corporation
- Rockwell Automation Inc.
- Schneider Electric
- Honeywell International Inc.
- Emerson Electric Co.
Frequently Asked Questions
The GCC Countries will lead the Industrial Automation Market in Middle East and Africa in the future.
Total CAGR expected to be recorded for the Industrial Automation Market in GCC is 8.12%
Major competitors of the market are General Electric, Rockwell, and Omron.
The market size of the Middle East and Africa Industrial Automation Market in 2020 is US$ 10.41Bn.
The market size of the Middle East and Africa Industrial Automation Market by 2027 is US$ 17.28 Bn.
Chapter 1 Scope of the Report
Chapter 2 Research Methodology
2.2.Middle East and Africa Industrial Automation Services Market: Target Audience
2.3.Middle East and Africa Industrial Automation Services Market: Primary Research (As per Client Requirement)
2.4.Middle East and Africa Industrial Automation Services Market: Secondary Research
Chapter 3 Executive Summary
Chapter 4 Competitive Landscape
4.1.Middle East and Africa Market Share Analysis, By Value, 2021-2027 (In %)
4.2.6.PORTERS Five Force Analysis
4.2.7.Value Chain Analysis
4.3. Middle East and Africa Industrial Automation Services Market Segmentation Analysis, 2021-2027 (Value US$ MN)
126.96.36.199. Middle East and Africa Market Share Analysis, By Type of Service, 2021-2027 (Value US$ MN)
188.8.131.52.1.Project Engineering and Installation
184.108.40.206.2.Maintenance and Support Services
220.127.116.11. Middle East and Africa Market Share Analysis, By Product Type, 2021-2027 (Value US$ MN)
18.104.22.168. Middle East and Africa Market Share Analysis, By End User, 2021-2027 (Value US$ MN)
22.214.171.124. Middle East and Africa Market Share Analysis, By Country, 2021-2027 (Value US$ MN)
126.96.36.199.5.Rest Of ME&A
Chapter 5 Stellar Competition Matrix
5.1.1. Middle East and Africa Stellar Competition Matrix
5.2. Key Players Benchmarking
5.2.1. Key Players Benchmarking By Type of Service, Pricing, Market Share, Investments, Expansion Plans, Physical Presence and Presence in the Market.
5.3. Mergers and Acquisitions in Industry
5.3.1. M&A by Region, Value and Strategic Intent
Chapter 6 Company Profiles
6.1.4.Mitsubishi Electric Corporation
6.1.5.Rockwell Automation Inc.
6.1.7.Honeywell International Inc.
6.1.8.Emerson Electric Co.