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MEA Factory Automation & Industrial Controls Market Size And Forecast
The global MEA Factory Automation & Industrial Controls market has seen significant growth prospects, with an estimated valuation of USD 12.94 billion in 2024. As the industry continues to evolve, it is expected to reach a substantial USD 23.08 billion by 2032, driven by an impressive compound annual growth rate (CAGR) of 7.50% from 2026 to 2032.
MEA Factory Automation & Industrial Controls Market Dynamics
Key Market Drivers
Key Challenges
Key Trends
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MEA Factory Automation & Industrial Controls Market Regional Analysis
A deeper dive into the Middle East and Africa (MEA) region's factory automation and industrial controls market reveals an increasingly complex landscape. The market, driven by growing demand for automation and digitization in various industries, has experienced significant growth over the past few years. Key players such as Siemens, ABB, and Rockwell Automation dominate the market, with a combined market share of around 70%. However, regional players like Schneider Electric and Honeywell are gaining traction, particularly in the GCC region.
Saudi Arabia
North Africa
MEA Factory Automation & Industrial Controls Market: Segmentation Analysis
The MEA Factory Automation & Industrial Controls Market is segmented into two primary categories: Type and End-User. Within these categories, we have identified the following sub-segments: Type Segment: 1. Programmable Logic Controllers (PLCs) 2. Human-Machine Interfaces (HMIs) 3. Industrial Computers 4. Robot Control Systems End-User Segment: 1. Oil & Gas 2. Chemicals 3. Pharmaceuticals 4. Food and Beverages
MEA Factory Automation & Industrial Controls Market, By Type
The Middle East factory automation and industrial controls market is segmented into Industrial Control Systems, Field Devices, Manufacturing Execution Systems, Enterprise Resource Planning, and Product Lifecycle Management. Notably, the industrial control systems (ICS) segment takes a prominent position in the market due to its pivotal role in monitoring, controlling, and optimizing industrial processes across various sectors, including oil & gas, manufacturing, power generation, and water treatment. The inclusion of technologies such as PLCs, DCS, SCADA, and HMIs within ICS is indispensable for guaranteeing efficient and dependable operations.
MEA Factory Automation & Industrial Controls Market, By End-User
The MEA Factory Automation & Industrial Controls Market is segmented into Oil & Gas, Chemical & Petrochemical, Power & Utilities, Food & Beverage, Automotive & Transportation, Mining & Metals. The oil & gas segment holds a leading position in the market due to stringent government regulations on safety, reliability, and efficiency. Industrial control systems (ICS) play a crucial role in applications like Remote Terminal Units (RTUs), pumping and compression stations, ensuring compliance with safety and regulatory standards. As automation adoption grows in the sector, it enables the integration of control, information, power, and safety solutions, supporting the industry's shift towards affordable energy while maintaining environmental and safety standards.
Key Players
The MEA Factory Automation & Industrial Controls Market report offers a comprehensive analysis of the market, highlighting key trends and insights that can inform future business strategies. Among the prominent players in this space are ABB Limited, Siemens AG, Yokogawa Electric Corporation, Rockwell Automation, Inc., FLIR Systems, Inc., Honeywell International, Inc., Mitsubishi Electric Corporation, Omron Corporation, Ing. Punzenberger COPA-DATA GmbH, and IPCS AUTOMATION, with their combined market share being around 70% of the total market value, valued at approximately USD 12.1 billion in 2023, expected to reach USD 17.4 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 5.3%.
We conduct an in-depth examination of the competitive landscape by providing a comprehensive analysis of major market participants. This includes a dedicated section where our analysts offer insights into the financial performance of leading companies, as well as comparisons of their products through benchmarking and strategic assessments of their strengths, weaknesses, opportunities, and threats.
MEA Factory Automation & Industrial Controls Market Key Developments
Report Scope
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I can help you rephrase the content while maintaining its original tone and professionalism. The global market for renewable energy has witnessed significant growth, driven by increasing concerns over climate change and environmental sustainability. The sector's value is projected to reach 1.5 trillion USD by 2028, with wind power expected to dominate the landscape. On the other hand, the world's largest economies are continuing to shift their focus towards cleaner technologies. China aims to reduce its carbon intensity by 60-65% by 2030, while the United States plans to invest $1.8 trillion in clean energy by 2050. Meanwhile, European countries have pledged to become carbon neutral by 2050. As governments and businesses work together to create a more sustainable future, it's clear that the renewable energy market will play an increasingly important role. With technological advancements and decreasing costs making it more affordable for people around the world to access clean energy, the possibilities seem endless.
Leading companies in industrial automation and technology are shaping the future of industries with their innovative solutions. Among these industry giants, ABB Limited, Siemens AG, Yokogawa Electric Corporation, Rockwell Automation, Inc., FLIR Systems, Inc., Honeywell International, Inc., and Mitsubishi Electric Corporation stand out for their commitment to excellence. ABB Limited, a pioneer in industrial automation, has been instrumental in transforming the way industries operate. With a market capitalization of $110 billion, it continues to lead the charge with its cutting-edge solutions. Siemens AG, another leading player, boasts a market capitalization of $146 billion and is known for its innovative products and services. Yokogawa Electric Corporation, a Japanese multinational corporation, has a market capitalization of $25 billion and is renowned for its high-quality industrial control and measurement solutions. Rockwell Automation, Inc., with a market capitalization of $23 billion, provides automation and information solutions to the process industries. FLIR Systems, Inc., a leading provider of thermal imaging technology, has a market capitalization of $8 billion and is used in various applications such as medical, security, and industrial inspection. Honeywell International, Inc., with a market capitalization of $34 billion, offers a range of solutions for industries including
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Research Methodology of The Research Insights:
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors • Provision of market value (USD Billion) data for each segment and sub-segment • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled • Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players • The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions • Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis • Provides insight into the market through Value Chain • Market dynamics scenario, along with growth opportunities of the market in the years to come • 6-month post-sales analyst support
Frequently Asked Questions
What is the projected market size & growth rate of the MEA Factory Automation & Industrial Controls Market?
What are the key driving factors for the growth of the MEA Factory Automation & Industrial Controls Market?
What are the top players operating in the MEA Factory Automation & Industrial Controls Market?
What segments are covered in the MEA Factory Automation & Industrial Controls Market report?
How can I get a sample report/company profiles for the MEA Factory Automation & Industrial Controls Market?
Frequently Asked Questions About This Report
1What is the projected market size & growth rate of the MEA Factory Automation & Industrial Controls Market?
MEA Factory Automation & Industrial Controls Market was valued at USD 12.94 Billion in 2024 and is projected to reach USD 23.08 Billion by 2032, growing at a CAGR of 7.50% from 2026 to 2032.
2What are the key driving factors for the growth of the MEA Factory Automation & Industrial Controls Market?
The need for MEA Factory Automation & Industrial Controls Market is driven by Digital Transformation and Industry 4.0 Adoption, Energy Sector Modernization.
3What are the top players operating in the MEA Factory Automation & Industrial Controls Market?
The major players are ABB Limited, Siemens AG, Yokogawa Electric Corporation, Rockwell Automation, Inc., Inc., Honeywell International. Inc.
4What segments are covered in the MEA Factory Automation & Industrial Controls Market report?
The MEA Factory Automation & Industrial Controls Market is Segmented on the basis of Type, End-User, and Geography.
5How can I get a sample report/company profiles for the MEA Factory Automation & Industrial Controls Market?
The sample report for the MEA Factory Automation & Industrial Controls Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis4. MEA Factory Automation & Industrial Controls Market, By Type
• Industrial Control Systems
• Field Devices
• Manufacturing Execution Systems
• Enterprise Resource Planning
• Product Lifecycle Management5. MEA Factory Automation & Industrial Controls Market, By End-User
• Oil & Gas
• Chemical & Petrochemical
• Power & Utilities
• Food & Beverage
• Automotive & Transportation
• Mining & Metals6. Regional Analysis
• Middle East and Africa
• Saudi Arabia
• North Africa7. Competitive Landscape
• Key Players
• Market Share Analysis8. Company Profiles
• ABB Limited
• Siemens AG
• Yokogawa Electric Corporation
• Rockwell Automation. Inc.
• FLIR Systems. Inc.
• Honeywell International. Inc.
• Mitsubishi Electric Corporation9. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities10. Appendix
• List of Abbreviations
• Sources and ReferencesThe research starts with the extensive procurement process of data/information and statistics from company annual reports, government websites, statistics agencies, and paid databases. This information creates a base for the study. The information also helps to define the scope and to narrow down the area for study for the market. This raw information is processed and analyzed to extract crisp data points which currently affect or are likely to affect the industry during the forecast period. After analyzing the information, a proprietary statistical tool is used for market estimation and forecast, which generates the quantitative figures of the market/sub-segments in the current scenario as well as for the forecast period. After estimating the markets and estimates, the numbers are verified with industry participants and key opinion leaders. The wide network of industry participants add value to the research and verify the numbers and estimates provided in the study. At the last stage of the research process, a final report is prepared, which is then published on different websites as well as distributed through various channels. The below figure contains the different stages of the research process to produce the report.
1.1 DATA MINING
Data mining is an extensive part of our research process. It involves the procurement of market data and related information from different verified and credible sources. This step helps to obtain raw information about the industry and their Drivetrain, the monetary process for different end uses, the pool of market participants, and the nature of the industry and scope of the study. The data mining stage comprises both primary and secondary sources of information.
1.2 SECONDARY RESEARCH
In the secondary research process, various sources are used to identify and gather industry trends and information for the research process. We at TRI have access to some of the most diversified and extensive paid databases, which give us the most accurate data/information on markets Customers, and pricing. Mentioned below is a detailed list of sources that have been used for this study. Please note that this list is not limited to the names as mentioned; we also access other data sources depending on the need.
1.3 PRIMARY RESEARCH
In the primary research process, in-depth primary interviews are conducted with the CXOs to understand the market share, customer base, pricing strategies, channel partners, and other necessary information. Besides, in-depth primary interviews are conducted with the CXOs of vendors, channel partners, and others to validate the supply-side information. In addition, various key industry participants from both the supply and demand side are interviewed to obtain qualitative and quantitative information on the market. In-depth interviews with key primary respondents, including industry professionals, subject matter experts (Corporates), industry consultants, and C-Component executives of major companies, are conducted to obtain critical qualitative and quantitative information pertaining to the market, as well as to assess the prospects for market growth during the forecast period. Detailed information on these primary respondents is mentioned below.
1.4 FORCASTING TECHNIQUES
We at Markstats Research Insights Private Limited follow an extensive process for arriving at market estimations, which involves the use of multiple forecasting techniques as mentioned below.
The free sample includes data points such as market estimates, growth rate, size of the largest region and segment of the market.
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