Rise in General Awareness, Use of Advance Technology, Organisation of multiple Dental Chains and Government Initiatives had driven UAE Warehouse Automation Market: Ken Research
Focus on Increasing demand of E-commerce sector and rapid integration of automation technology support the market growth
Ease in the policies: UAE Government initiatives such as Dubai IOT strategy, Dubai Block Chain strategy, Introduction of drones for last mile delivery, UAE National AI program, Smart Dubai 2021, Dubai 3D printing Strategy, Dubai Data Initiatives and National Innovation Strategy will revolutionize the warehousing automation market of UAE.
Investment in R&D: The companies operating in the warehouse automation sector are increasingly investing in R&D facilities to boost their new product development activities and gain a competitive edge over other players through launching technologically advanced products with greater operational capabilities and performance. For instance, Amazon is developing proprietary automation solutions via Amazon Robotics to improve warehouse productivity and lessen the labor burden.
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Growth in E-commerce: High speed internet & smartphone/Laptop/Computer penetration rates are very high in KSA and UAE which raises the demand for eCommerce products, and making them the biggest E-commerce economies, with a combined share of nearly 50% in 2017 and are estimated to contribute to more than ~60% of the region’s overall eCommerce market in 2026F. For instance, Abu Dhabi Investment Office and Dubai-based online marketplace Noon have signed an agreement to build the UAE’s biggest fulfilment center to cater to the nation’s fast-growing e-commerce industry. Furthermore, some of the other major e-commerce companies across UAE are Souq, Ounass, Amazon, Groupon, Basharacare, LetsTango, Sharafdg, Noon, Namshi.
Automation in Omnichannel Warehouse: Automation capabilities has played an influential role in the UAE warehouse market and scale of omnichannel networks. Innovators are also gaining momentum as well. For instance, Alert Innovation developed a micro fulfillment-center technology platform for Walmart to handle the demands of grocery e-commerce.
Analysts at Ken Research in their latest publication “UAE Warehousing Automation Market Outlook to 2026F – Driven by Increasing demand of E-commerce sector and rapid integration of automation technology support the market growth” by Ken Research observed that UAE Warehouse Automation market is in the growing phase. The Ease in policies, investment in R&D, growth in e-commerce, adoption of 4.0 industry technology, persistent labour shortage and government initiatives, are some of the factors that has contributed to the UAE Warehouse Automation market growth. It is expected that UAE Warehouse Automation market will grow at a CAGR of ~13.4% for the 2021-2026F forecasted period.
Key Segments Covered
UAE Warehouse Automation Market:
- By Product Category (by Revenue), 2021P & 2026F:
- Semi-Automated
- Fully Automated
- By Product Component (by Revenue), 2021P & 2026F:
- Conveyor System
- Automated Storage & retrieval System (AS/RS)
- Sortation System
- Warehouse Management System
- AMR/AGV
- Others
- By Automated Technology (by Revenue), 2021P & 2026F:
- Hardware
- Software
- By End-User (by Revenue), 2021P & 2026F:
- E-Commerce
- Retail
- 3PL/Logistics
- Others
Key Target Audience
- International Domestic Freight Forwarders
- Warehousing Companies
- Logistics Companies
- Logistics Consultants
- Government Bodies & Regulating Authorities
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Time Period Captured in the Report:
- Historical Period: 2016-2021
- Base Year: 2022
- Forecast Period: 2022 – 2026F
Companies Covered:
- Acme Intralog Fzco
- Savoye Designs
- Kardex
- Honeywell
- Infor Designs
- Swisslog Designs
Key Topics Covered in the Report:
- Country Overview
- Ecosystem of UAE Warehousing Automation Market
- Business Cycle and Genesis of UAE Warehousing Automation Market
- Commercial Models in UAE Warehousing Market
- Demand Supply Scenario of UAE Warehousing Automation Market
- Growth Drivers of UAE Warehousing Automation Industry
- Trends and Developments of UAE Warehousing Automation Industry
- SWOT Analysis of UAE Warehousing Automation Industry
- Impact of Covid-19 on UAE Warehouse Automation Industry
- Challenges in the UAE Warehousing Automation Industry
- Warehousing Automation Ecosystem in UAE
- Government Warehouse Rules and Procedures
- Technological Innovations in Warehousing Automation Market
- Porter’s Five Force Analysis of the UAE Warehouse Automation Industry
- UAE Warehousing Automation Market Size
- UAE Warehousing Automation Market Segmentation
- UAE Warehousing Automation Market Future Overview
- Competition Scenario
- Cross Comparison between major players in the Market (Headquarter, Location, Strength, Service offered, No of Employees, Incorporation, recent Developments)
- Analyst Recommendation
For more insights on the market intelligence, refer to the link below:
UAE Warehouse Automation Market
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