GCC Warehouse Automation Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis
MarkNtel Advisors recently published a detailed industry analysis of the GCC Warehouse Automation Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights
and Analysis of the GCC Warehouse Automation Market (2023-2028)
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.
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What
is driving the GCC Warehouse Automation market?
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.
What
segments define the GCC Warehouse Automation market from 2023 to 2028? How do
these segments contribute to market dynamics and growth?
By Components
(Hardware, Software, Services),
By Application
(E-Commerce, Food and Beverage Industry,
Automotive, Pharmaceuticals & Healthcare, Construction & Building
Material, Others),
By End User
(Retailers, Manufacturers, Distributors and
Wholesalers)
By Country
(The UAE, Saudi Arabia, Oman, Kuwait, Bahrain,
Qatar)
Explore
the Complete GCC Warehouse Automation Market Analysis Report – https://www.marknteladvisors.com/research-library/gcc-warehouse-automation-market.html
Who
are the leading key players shaping the GCC Warehouse Automation Market
landscape?
Honeywell International Inc., SSI Schaefer,
Omron Corporation, Schneider Electric, ABB Ltd, Toshiba Corporation, ALS
Logistic Solutions DMCC, Falcon Autotech, Diafuku, Swisslog, Other
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Questions
Addressed in this Study
1.What factors are driving the GCC
Warehouse Automation Market growth?
2.How is the GCC Warehouse Automation Market
expected to grow over the next five years?
3.What are the key insights into the
current trends in the GCC Warehouse Automation Market?
4.What is the current size of the GCC
Warehouse Automation Market, and how is it projected to change in the future?
6.What is the future outlook for the GCC
Warehouse Automation Market in terms of technological advancements and market
expansion?
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MarkNtel Advisors is a leading research,
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competitive benchmarking, market sizing & forecasting, & trend
analysis, among others, for 15 diverse industrial verticals.
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