GCC Warehouse Automation Market – Industry Trends and Forecast to 2028
MarkNtel Advisors, a prominent market research firm, has recently published a report titled GCC Warehouse Automation Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028. This study offers an in-depth examination of the industry, encompassing GCC Warehouse Automation market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.
GCC Warehouse Automation Reports Highlights
What is the size of the GCC Warehouse Automation Market?
The GCC Warehouse Automation Market size was valued at around USD 14.46 billion in 2022 & is estimated to grow at a CAGR of about 19.2% during the forecast period, i.e., 2023-28. The GCC countries, such as Saudi Arabia, the UAE, Qatar, etc., initiated economic diversification initiatives to drift away from oil dependency, as a result, manufacturing in verticals like plastics, electrical goods, clothing, food-processing, etc., expanded.
What do the growth prospects and trends look like in the GCC Warehouse Automation Industry?
Upsurge in E-commerce Sector to Enhance the Demand for Warehouse Automation Solutions – The GCC region has a digitally savvy population, with a significant proportion of young residents & high internet penetration rates. Investments in infrastructure to boost e-commerce growth, such as internet connectivity, data centers, and logistics, have led to a remarkable 33% increase in e-commerce sales from 2019 to 2022, higher than the global average of 17%, as per Dubai CommerCity. The rise in e-commerce has led to an increase in warehouses, crucial for fulfilling orders in the supply chain, which, in turn, has driven the demand for warehouse automation solutions as businesses aim to improve operational efficiency in the dynamic e-commerce landscape.
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What Components are encompassed within GCC Warehouse Automation Market segmentation?
The report has divided the market into the following segments:
By Components
-Hardware- Market Size & Forecast 2018-2028F, USD Million
–Conveyor/ Sortation Systems- Market Size & Forecast 2018-2028F, USD Million
–Automated Storage and Retrieval Systems (AS/ RS)- Market Size & Forecast 2018-2028F,
-Autonomous Mobile Robots (AMRs)- Market Size & Forecast 2018-2028F, USD Million
-Automatic Guided Vehicles (AGVs)- Market Size & Forecast 2018-2028F, USD Million
-Goods-to-person technologies (GTP)- Market Size & Forecast 2018-2028F, USD Million
-Pick-to-light systems- Market Size & Forecast 2018-2028F, USD Million
-Others (Voice Picking and Voice Tasking, Handheld terminals (HHT))- Market Size & Forecast 2018-2028F, USD Million
-Software- Market Size & Forecast 2018-2028F, USD Million
-Warehouse Management System (WMS)- Market Size & Forecast 2018-2028F, USD Million
-Warehouse Execution System (WES)- Market Size & Forecast 2018-2028F, USD Million
-Warehouse Control System (WES)- Market Size & Forecast 2018-2028F, USD Million
-Services- Market Size & Forecast 2018-2028F, USD Million
By Application
-E-Commerce- Market Size & Forecast 2018-2028F, USD Million
-Food and Beverage Industry – Market Size & Forecast 2018-2028F, USD Million
-Automotive – Market Size & Forecast 2018-2028F, USD Million
-Pharmaceuticals & Healthcare – Market Size & Forecast 2018-2028F, USD Million
-Construction & Building Material – Market Size & Forecast 2018-2028F, USD Million
-Others (Electronics, Textiles & Garments, etc.)- Market Size & Forecast 2018-2028F, USD Million
By End User
-Retailers- Market Size & Forecast 2018-2028F, USD Million
-Manufacturers- Market Size & Forecast 2018-2028F, USD Million
-Distributors and Wholesalers- Market Size & Forecast 2018-2028F, USD Million
By Country
-The UAE
-Saudi Arabia
-Oman
-Kuwait
-Bahrain
-Qatar.
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Who are the Primary Companies or Entities active in the Industry?
The report covers the major market players including:
Honeywell International Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
SSI Schaefer
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Omron Corporation
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Schneider Electric
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
ABB Ltd
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Toshiba Corporation
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
ALS Logistic Solutions DMCC
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Falcon Autotech
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
About Us-
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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