MarkNtel Advisors who is leading market research company, has recently published a research report, titled “GCC Warehouse Automation Market”. The report is estimated historical data, base year and forecast period and the projections are made for the next five years, i.e., 2023-28. The data, facts, and figures are sourced from reliable platforms, including government portals, white papers, and others.
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Market Study Period
Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028): 19.2%
GCC Warehouse Automation Market Insights:
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 report covers each and every aspect of the market in detail, offering actionable insights to the stakeholders. We extensively cover key trends, opportunities, possible challenges, and major growth drivers for the industry. The report also highlights the role and involvement of governments and other relevant factors that promote market growth.
GCC Warehouse Automation Market Drivers:
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.
Moreover, the countries in the region, such as Saudi Arabia, the UAE, etc., have actively implemented many initiatives to enhance & solidify their position as a hub for global e-commerce. In 2022, Saudi Arabia’s Ministry of Commerce launched 10 new initiatives to develop e-stores in the country. Through this, the government aims to expand the geographical coverage of delivery services to include delivery to all the regions in the country & not just limited to main cities. This would enhance the number of warehouses in the region, further necessitating the need for automation solutions.
Explore the Complete GCC Warehouse Automation Market Analysis Report – https://www.marknteladvisors.com/research-library/gcc-warehouse-automation-market.html
Which segments are covered in the GCC Warehouse Automation Market Research Report?
- By Components
- Hardware
- Conveyor/ Sortation Systems
- Automated Storage and Retrieval Systems (AS/ RS)
- Autonomous Mobile Robots (AMRs)
- Automatic Guided Vehicles (AGVs)
- Goods-to-person technologies (GTP)
- Pick-to-light systems
- Others (Voice Picking and Voice Tasking, Handheld terminals (HHT))
- Software
- Warehouse Management System (WMS)
- Warehouse Execution System (WES)
- Warehouse Control System (WES)
- Services
- Hardware
- By Application
- E-Commerce
- Food and Beverage Industry
- Automotive
- Pharmaceuticals & Healthcare
- Construction & Building Material
- Others (Electronics, Textiles & Garments, etc.)
- By End User
- Retailers
- Manufacturers
- Distributors and Wholesalers
- By Country
- The UAE
- Saudi Arabia
- Oman
- Kuwait
- Bahrain
- Qatar
Top 10 Key Brands/Players in the GCC Warehouse Automation Market
Our analysts have closely analyzed leading players within the industry, providing stakeholders with valuable insights into the competitive landscape. This enables them to formulate strategic tactics based on the comprehensive data compiled in the report. The information encompasses recent developments, mergers and acquisitions, product/service launches, expansion plans, and revenue-generating opportunities. Notable entities featured in the report include:
- Honeywell International Inc.
- SSI Schaefer
- Omron Corporation
- Schneider Electric
- ABB Ltd
- Toshiba Corporation
- ALS Logistic Solutions DMCC
- Falcon Autotech
- Diafuku
- Swisslog
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Frequently Asked Questions
- Which companies dominate the GCC Warehouse Automation Market in terms of market share?
- What is the projected market size of GCC Warehouse Automation Market in 2028?
- What key factor is anticipated to propel the GCC Warehouse Automation Market by 2028?
- How big is the GCC Warehouse Automation Market?
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