Middle East & Africa Automated Material Handling Market 2021 Insights with Statistics and Growth Prediction - FlexLink Systems Inc., Swisslog Middle East LLC, Famco

The Middle East & Africa Automated Material Handling Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Middle East & Africa Automated Material Handling Market was valued at USD 1483.4 million in 2020 and expected to reach USD 1885.8 million by 2026 and grow at a CAGR of 3.5% over the forecast period (2021 - 2026).

Get Free Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/02082592122/middle-east-africa-automated-material-handling-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=PD11                                                       

Top Leading Companies of Middle East & Africa Automated Material Handling Market are FlexLink Systems Inc., Swisslog Middle East LLC, Famco, Dematic Corporation, Stor-Mat Systems LLC, Interroll Group and others.

Key Market Trends

Retail Sector to Witness Significant Growth

- The retail sector is one of the most significant contributors to the demand for automated material handling (AMH) solutions in the Middle East & African region. Almost 25% of the revenue obtained for AMH in the region was sourced from this sector.

- The growth of the retail segment in the region was primarily governed by two factors, rapid growth in the e-commerce segment and increasing investments in tourism and hospitality services.

- As most of the Middle Eastern countries depend on the oil and gas sector, they are taking necessary steps to increase their non-oil revenue streams. This trend is evident in the case of Saudi Arabia and the United Arab Emirates, which are investing heavily in special economic zones for the manufacturing sector and tourism development.

- Companies like IHG, Marriott, Accor Hotels, and Hilton are continuously expanding, as the investments in tourism are fetching more international tourists. In case of the e-commerce sector, with increasing demand from countries outside GCC, the GCC countries are evolving as redistributors. This is increasing the number of warehouse establishments in the region, leading to growth in demand for automated material handling (AMH) equipment.

Regional Outlook of Middle East & Africa Automated Material Handling Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082592122/middle-east-africa-automated-material-handling-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=PD11                                                                

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Middle East & Africa Automated Material Handling Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com).

Contact US:
Irfan Tamboli (Head of Sales) : Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.