Middle East and Africa Conveyor System Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by System Type (Overhead, Floor, Roller, Belt, and Others), Belt Type (Light, Medium, and Heavy), and Industry (Food and Beverage, Automotive, Airports, Logistics, Metals and Mining, and Others)
Market Introduction
The MEA is projected to witness a rapid rise in industrialization, leading to urbanization, which would further drive this region's overall economy. The Gulf countries are economically advanced, while the African countries are yet to level up to their economic conditions. Amid continuous technological developments, various industries, including logistics, retail, and e-commerce, are witnessing high growth. The increasing adoption of advanced technologies in these industries is propelling the conveyor system market growth in the MEA. In a region, Saudi Arabia and the UAE are the most attractive destinations for logistics investments with the advantage of easily accessible markets to operate. In the GCC, Oman, Qatar, Bahrain, and Kuwait, along with Jordan and Morocco, are other countries that can attract lump sum investments. Increasing infrastructure development activities in the MEA, is increasing the penetration of automation for having greater efficiency at construction sites. The installation of heavy-duty conveyor belts at different construction sites in the Middle East countries is amongst the factors for the growing adoption of conveyor system.
Furthermore, The MEA is severely affected by the COVID-19 pandemic. Among the MEA countries, South Africa has recorded the highest COVID-19 cases. Other significant countries facing the economic impact of COVID-19 include Iran, Turkey, Saudi Arabia, Israel, Morocco, the UAE, Qatar, Kuwait, Oman, and Egypt. The region comprises many growing economies, such as the UAE and Saudi Arabia, which are prospective markets for conveyor system providers, owing to the huge presence of diverse customer base for the food & beverages and retail and e-commerce sectors. The market in the region is already facing a decline as there is pressure on the economy of various oil-based countries due to falling oil prices. In addition to this, the factory lockdowns, business shutdowns, and travel bans are further aggravating the economic problems of the countries in the MEA. Hence, the estimated decline in the region’s economic condition and impact of COVID-19 on the growth of various industries in the region are expected to negatively impact the development of the conveyor system market in 2020 and 2021.
Get more information on this report :
Market Overview and Dynamics
The conveyor system market in the MEA is expected to grow from US$ 486.88 million in 2019 to US$ 634.55 million by 2027; it is estimated to grow at a CAGR of 3.5% from 2020 to 2027. The growth of the MEA conveyor system market has been driven by the rise in vehicle production in the past few years. Demand for commercial vehicles and passenger cars is growing, especially in developing nations. The demand for the conveyor system was fueled by the increasing investment in the automotive industry. In vehicle manufacturing plants, it is necessary to have a high level of control and high quality in all operations carried out in the sector; hence the conveyor systems in their vehicle manufacturing plants are heavily implemented by the automotive industry. The conveyor systems allow the manufacturing plants of vehicles to retain power and have free space for new operations. As the conveyor system mitigates labor, it decreases the expenditure of the company in the training of employees. As a result, the increasing production of vehicles and the increasing adoption of conveyor systems in the automotive industry are boosting the growth of the MEA market.
Key Market Segments
In terms of system type, the belt segment accounted for the largest share of the MEA conveyor system market in 2019. In terms of belt type, the medium segment held a larger market share of the MEA conveyor system market in 2019. Further, the others segment held a substantial share of the MEA conveyor system market based on end user industry in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the conveyor system market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are DEMATIC, Emerson Electric Co.; Interroll Holding, GmbH; Siemens AG; SSI Schäfer; Swisslog.
Reasons to buy report
- To understand the MEA conveyor system market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA conveyor system market
- Efficiently plan M&A and partnership deals in MEA conveyor system market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA conveyor system market
- Obtain market revenue forecast for market by various segments from 2020-2027 in MEA region.
MEA Conveyor system Market Segmentation
MEA Conveyor system Market - By Deployment Type
- Cloud
- On-Premises
MEA Conveyor system Market - By Enterprise Size
- Large Enterprises
- SMEs
MEA Conveyor system Market - By End-Use Industry
- IT and Telecommunication
- BFSI
- Government
- Manufacturing
- Others
MEA Conveyor system Market - By Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
MEA Conveyor system Market - Company Profiles
- DEMATIC
- Emerson Electric Co.
- Interroll Holding GmbH
- Siemens AG
- SSI Schäfer
- Swisslog
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Conveyor System Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
5. MEA Conveyor System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Development of E-commerce Sector to Instigate the Need for Conveyor Systems
5.1.2 Conveyor Systems Demand to Increase Owing to Enhancement in Automobile Manufacturing
5.2 Market Restraints
5.2.1 Mining Activities Creating Environmental Problems
5.3 Market Opportunities
5.3.1 Upcoming Opportunities From Prospering Digitization Market
5.4 Future Trends
5.4.1 Industrial 4.0 Useful for Manufacturing Industry
5.5 Impact Analysis of Drivers and Restraints
6. Conveyor System Market – MEA Analysis
6.1 MEA Conveyor System Market Overview
6.2 MEA Conveyor System Market – Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning –Market Players Ranking
7. MEA Conveyor System Market Analysis – By System Type
7.1 Overview
7.2 MEA Conveyor System Market Breakdown, by System Type, 2019 & 2027
7.3 Overhead
7.3.1 Overview
7.3.2 Overhead: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
7.4 Floor
7.4.1 Overview
7.4.2 Floor: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
7.5 Roller
7.5.1 Overview
7.5.2 Roller: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
7.6 Belt
7.6.1 Overview
7.6.2 Belt: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
8. MEA Conveyor System Market Analysis – By Belt Type
8.1 Overview
8.2 MEA Conveyor System Market Breakdown, by Belt Type, 2019 & 2027
8.3 Light
8.3.1 Overview
8.3.2 Light: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
8.4 Medium
8.4.1 Overview
8.4.2 Medium: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
8.5 Heavy
8.5.1 Overview
8.5.2 Heavy: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
9. MEA Conveyor System Market Analysis – By Industry
9.1 Overview
9.2 MEA Conveyor System Market Breakdown, by Industry, 2019 & 2027
9.3 Food & Beverage
9.3.1 Overview
9.3.2 Food & Beverage: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
9.5 Airports
9.5.1 Overview
9.5.2 Airports: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
9.6 Logistics
9.6.1 Overview
9.6.2 Logistics: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
9.7 Metals and Mining
9.7.1 Overview
9.7.2 Metals and Mining: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
9.8 Others
9.8.1 Overview
9.8.2 Others: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
10. MEA Conveyor System Market – Country Analysis
10.1 Overview
10.1.1 MEA: Conveyor System Market , by Key Country
10.1.1.1 South Africa: Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 South Africa: Conveyor System Market, by System Type
10.1.1.1.2 South Africa: Conveyor System Market, by Belt Type
10.1.1.1.3 South Africa: Conveyor System Market, by Industry
10.1.1.2 Saudi Arabia: Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Saudi Arabia: Conveyor System Market, by System Type
10.1.1.2.2 Saudi Arabia: Conveyor System Market, by Belt Type
10.1.1.2.3 Saudi Arabia: Conveyor System Market, by Industry
10.1.1.3 UAE: Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 UAE: Conveyor System Market, by System Type
10.1.1.3.2 UAE: Conveyor System Market, by Belt Type
10.1.1.3.3 UAE: Conveyor System Market, by Industry
10.1.1.4 Rest of MEA: Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.4.1 Rest of MEA: Conveyor System Market, by System Type
10.1.1.4.2 Rest of MEA: Conveyor System Market, by Belt Type
10.1.1.4.3 Rest of MEA: Conveyor System Market, by Industry
11. Impact of COVID-19 Pandemic on MEA Conveyor System Market
11.1 MEA
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Dematic
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Emerson Electric Co.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Interroll Holding GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Siemens AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 SSI Schafer
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Swisslog Holding AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word IndexLIST OF TABLES
Table 1. MEA Conveyor System Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. South Africa: Conveyor System Market, by System Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. South Africa: Conveyor System Market, by Belt Type –Revenue and Forecast to 2027 (US$ Million)
Table 4. South Africa: Conveyor System Market, by Industry –Revenue and Forecast to 2027 (US$ Million)
Table 5. Saudi Arabia: Conveyor System Market, by System Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. Saudi Arabia: Conveyor System Market, by Belt Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Saudi Arabia: Conveyor System Market, by Industry –Revenue and Forecast to 2027 (US$ Million)
Table 8. UAE: Conveyor System Market, by System Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. UAE: Conveyor System Market, by Belt Type –Revenue and Forecast to 2027 (US$ Million)
Table 10. UAE: Conveyor System Market, by Industry –Revenue and Forecast to 2027 (US$ Million)
Table 11. Rest of MEA: Conveyor System Market, by System Type –Revenue and Forecast to 2027 (US$ Million)
Table 12. Rest of MEA: Conveyor System Market, by Belt Type –Revenue and Forecast to 2027 (US$ Million)
Table 13. Rest of MEA: Conveyor System Market, by Industry –Revenue and Forecast to 2027 (US$ Million)
Table 14. List of AbbreviationLIST OF FIGURES
Figure 1. MEA Conveyor System Market Segmentation
Figure 2. MEA Conveyor System Market Segmentation – By Country
Figure 3. MEA Conveyor System Market Overview
Figure 4. MEA Conveyor System Market, by Country
Figure 5. MEA Conveyor System Market, by System Type
Figure 6. MEA Conveyor System Market, by Belt Type
Figure 7. MEA– PEST Analysis
Figure 8. MEA Conveyor System Market – Ecosystem Analysis
Figure 9. MEA Conveyor System Market Impact Analysis of Drivers and Restraints
Figure 10. MEA : Conveyor System Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. MEA Conveyor System Market Breakdown, by System Type (2019 and 2027)
Figure 12. MEA Overhead: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
Figure 13. MEA Floor: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 14. MEA Roller: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 15. MEA Belt: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 16. MEA Others: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 17. MEA Conveyor System Market Breakdown, by Belt Type (2019 and 2027)
Figure 18. MEA Light: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
Figure 19. MEA Medium: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 20. MEA Heavy: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 21. MEA Conveyor System Market Breakdown, by Industry (2019 and 2027)
Figure 22. MEA Food & Beverage: Conveyor System Market Revenue and Forecast to 2027 (US$ Million)
Figure 23. MEA Automotive: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 24. MEA Airports: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 25. MEA Logistics: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 26. MEA Metals and Mining: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 27. MEA Others: Conveyor System Market Revenue and Forecast To 2027 (US$ Million)
Figure 28. MEA: Conveyor System Market Revenue Share, by Key Country (2019 and 2027)
Figure 29. South Africa: Conveyor System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 30. Saudi Arabia: Conveyor System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 31. UAE: Conveyor System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 32. Rest of MEA: Conveyor System Market – Revenue and Forecast To 2027 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in MEA Country MarketsSome of the leading companies are:
- DEMATIC
- Emerson Electric Co.
- Interroll Holding GmbH
- Siemens AG
- SSI Schäfer
- Swisslog
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA conveyor system market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the MEA conveyor system market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the conveyor system market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution