Market By Product Type, Application, And Geography | Forecast 2019-2027
According to Triton Market Research, the Middle East and Africa material handling equipment market is expected to grow significantly at a CAGR of 4.55% for the forecasted years 2019-2027.
Following are the countries that cover the material handling equipment market in the Middle East and Africa region:
• The United Arab Emirates
• Turkey
• Saudi Arabia
• South Africa
• Rest of MEA
The material handling equipment market in the UAE is driven by the mega projects in Dubai, such as the Royal Atlantis Resort, Dubai Metro Red Line extension, and the Dubai creek harbor project. These projects are fueling the demand and adoption of forklift trucks in the country, as they are capable of lifting pallets, sections of pipeline, and shipping containers, thereby fueling the growth of the material handling equipment market. Moreover, the personal care industry is predicted to hold significant market share as the demand for personal care products has been increasing due to the high percentage of young people. This has been resulting in the demand for automated material handling equipment, like unit load automated guided vehicles in the personal care sector.
In Turkey, the automotive spare parts manufacturing sector is highly developed, which covers a wide range of products. According to Germany Trade and Invest (GTAI), Turkey has been started making various strategies, such as building several multimodel logistics centers to enhance the country’s offering of state-of-the-art transport and warehousing services. The automotive, food & beverage, and general manufacturing industries have also been contributing to the market growth by adopting forklift trucks. Moreover, the Turkish food processing machinery and packaging equipment industry is most widespread across the Middle East, which has led to the growth of palletizers in the region. Such strategic initiatives will help the country to become a key regional freight hub. Furthermore, the Turkish government has introduced the Credit Guarantee Fund to fuel the economic activity in the country is also expected to aid the general manufacturing and service sectors, thus creating growth opportunities for automated material handling equipment in the country.
Hanwha Corporation is a diversified chemical company that manufactures defense industry products, explosives, and aerospace products. It also offers a variety of products, such as metals, petroleums, chemicals, and machinery. For instance, stacker crane is the equipment used to load cargo onto racks and deliver it through hoisting, traveling, and forking movements. It is the core of an automated warehouse with accurate and fast controls. The company operates in the Middle East and Africa, Asia, Europe, and the Americas.
1. MIDDLE
EAST AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. AUTOMATED
MATERIAL HANDLING IS THE FASTEST-GROWING PRODUCT TYPE
2.2.2. E-COMMERCE
HAS LARGEST MARKET SHARE IN THE APPLICATION SEGMENT
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. VALUE
CHAIN ANALYSIS
2.7. MARKET
DRIVERS
2.7.1. DEMAND
FOR TECHNOLOGICALLY ADVANCED EQUIPMENT
2.7.2. INCREASING
USAGE OF AUTOMATION IN ALL PRODUCT SEGMENTS
2.7.3. GROWTH
IN EMERGING NATIONS
2.8. MARKET
RESTRAINTS
2.8.1. HIGH
INITIAL COST OF EQUIPMENT
2.8.2. LACK
OF SKILLED LABOR
2.9. MARKET
OPPORTUNITIES
2.9.1. INCREASING
GOVERNMENT INVESTMENT IN INFRASTRUCTURE DEVELOPMENT
2.9.2. GROWTH
IN THE E-COMMERCE INDUSTRY
2.10. MARKET
CHALLENGES
2.10.1. CARBON
EMISSION
2.10.2. INCREASE
IN OIL PRICES
3. MIDDLE
EAST AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET OUTLOOK – BY PRODUCT TYPE
3.1. STORAGE
HANDLING EQUIPMENT
3.2. INDUSTRIAL
TRUCKS
3.2.1. IC
ENGINE-POWERED COUNTERBALANCED TRUCKS
3.2.2. BATTERY-POWERED
COUNTERBALANCED TRUCKS
3.2.3. WAREHOUSING
TRUCKS
3.3. AUTOMATED
MATERIAL HANDLING EQUIPMENT
3.3.1. AGVS
3.3.2. AS/RS
3.3.3. CONVEYOR
SYSTEMS
3.3.3.1. UNIT-HANDLING
CONVEYOR SYSTEM
3.3.3.2. BULK
MATERIAL HANDLING CONVEYOR SYSTEM
3.3.3.3. PARTS,
ATTACHMENTS, AND ACCESSORIES FOR CONVEYOR SYSTEM
3.3.4. PICK
SYSTEMS
3.3.5. PALLETIZATION
3.3.6. SORTATION
SYSTEMS
3.4. OVERHEAD
MATERIAL HANDLING EQUIPMENT
3.4.1. HOISTS
3.4.2. OVERHEAD
TRAVELING CRANES AND MOVING SYSTEM
3.5. OTHERS
4. MIDDLE
EAST AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET OUTLOOK – BY APPLICATION
4.1. AUTOMOTIVE
4.2. FOOD
& BEVERAGE
4.3. CHEMICALS
4.4. SEMICONDUCTOR
& ELECTRONIC
4.5. E-COMMERCE
4.6. AVIATION
4.7. PHARMACEUTICAL
4.8. OTHERS
5. MIDDLE
EAST AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET – REGIONAL OUTLOOK
5.1. UNITED
ARAB EMIRATES
5.2. TURKEY
5.3. SAUDI
ARABIA
5.4. SOUTH
AFRICA
5.5. REST
OF MIDDLE EAST & AFRICA
6. COMPETITIVE
LANDSCAPE
6.1. BEUMER
GROUP
6.2. CLARK
MATERIAL HANDLING COMPANY (CMHC)
6.3. CROWN
EQUIPMENT CORPORATION
6.4. COLUMBUS
MCKINNON CORPORATION (CMC)
6.5. CARGOTEC
OYJ
6.6. DAIFUKU
CO., LTD.
6.7. HANWHA
CORPORATION
6.8. HYSTER-YALE
MATERIALS HANDLING, INC.
6.9. JUNGHEINRICH
AG
6.10. DEMATIC
NV
6.11. KION
GROUP AG
6.12. TOYOTA
INDUSTRIES CORPORATION
6.13. SSI
SCHAEFER SYSTEMS INTERNATIONAL DWC LLC
6.14. TGW
LOGISTICS GROUP
6.15. VANDERLANDE
INDUSTRIES BV
7. METHODOLOGY
& SCOPE
7.1. RESEARCH
SCOPE
7.2. RESEARCH
SCOPE & DELIVERABLES
7.3. SOURCES
OF DATA
7.4. RESEARCH
METHODOLOGY
TABLE 1. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY COUNTRY, 2019-2027 (IN $
MILLION)
TABLE 2. VENDOR
SCORECARD
TABLE 3. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY PRODUCT TYPE, 2019-2027 (IN $
MILLION)
TABLE 4. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRIAL TRUCKS, 2019-2027
(IN $ MILLION)
TABLE 5. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY AUTOMATED MATERIAL HANDLING
EQUIPMENT, 2019-2027 (IN $ MILLION)
TABLE 6. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY CONVEYOR SYSTEMS, 2019-2027
(IN $ MILLION)
TABLE 7. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY OVERHEAD MHE, 2019-2027 (IN $
MILLION)
TABLE 8. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY APPLICATION, 2019-2027 (IN $
MILLION)
TABLE 9. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY COUNTRY, 2019-2027 (IN $
MILLION)
FIGURE 1. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY AUTOMATED MATERIAL HANDLING,
2019-2027 (IN $ MILLION)
FIGURE 2. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY E-COMMERCE, 2019-2027 (IN $
MILLION)
FIGURE 3. PORTER’S FIVE
FORCES ANALYSIS
FIGURE 4. MARKET
ATTRACTIVENESS INDEX
FIGURE 5. VALUE CHAIN
ANALYSIS
FIGURE 6. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY STORAGE HANDLING EQUIPMENT,
2019-2027 (IN $ MILLION)
FIGURE 7. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY INDUSTRIAL TRUCKS, 2019-2027
(IN $ MILLION)
FIGURE 8. MIDDLE EAST
AND AFRICA INDUSTRIAL TRUCKS MARKET, BY IC ENGINE-POWERED COUNTERBALANCED
TRUCKS, 2019-2027 (IN $ MILLION)
FIGURE 9. MIDDLE EAST
AND AFRICA INDUSTRIAL TRUCKS MARKET, BY BATTERY-POWERED COUNTERBALANCED TRUCKS,
2019-2027 (IN $ MILLION)
FIGURE 10. MIDDLE EAST
AND AFRICA INDUSTRIAL TRUCKS MARKET, BY WAREHOUSING TRUCKS, 2019-2027 (IN $
MILLION)
FIGURE 11. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY AUTOMATED MATERIAL HANDLING
EQUIPMENT, 2019-2027 (IN $ MILLION)
FIGURE 12. MIDDLE EAST
AND AFRICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY AGVS, 2019-2027 (IN
$ MILLION)
FIGURE 13. MIDDLE EAST
AND AFRICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY AS/RS, 2019-2027
(IN $ MILLION)
FIGURE 14. MIDDLE EAST
AND AFRICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY CONVEYOR SYSTEMS,
2019-2027 (IN $ MILLION)
FIGURE 15. MIDDLE EAST
AND AFRICA CONVEYOR SYSTEM MARKET, BY UNIT HANDLING CONVEYOR SYSTEM, 2019-2027
(IN $ MILLION)
FIGURE 16. MIDDLE EAST
AND AFRICA CONVEYOR SYSTEM MARKET, BY BULK MATERIAL HANDLING CONVEYOR SYSTEM,
2019-2027 (IN $ MILLION)
FIGURE 17. MIDDLE EAST
AND AFRICA CONVEYOR SYSTEM MARKET, BY PARTS, ATTACHMENTS, AND ACCESSORIES FOR
CONVEYOR SYSTEM, 2019-2027 (IN $ MILLION)
FIGURE 18. MIDDLE EAST
AND AFRICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY PICK SYSTEMS, 2019-2027
(IN $ MILLION)
FIGURE 19. MIDDLE EAST
AND AFRICA AUTOMATED MATERIAL HANDLING EQUIPMENTMARKET, BY PALLETIZATION,
2019-2027 (IN $ MILLION)
FIGURE 20. MIDDLE EAST
AND AFRICA AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET, BY SORTATION SYSTEMS,
2019-2027 (IN $ MILLION)
FIGURE 21. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY OVERHEAD MATERIAL HANDLING
EQUIPMENT, 2019-2027 (IN $ MILLION)
FIGURE 22. MIDDLE EAST
AND AFRICA OVERHEAD MATERIAL HANDLING EQUIPMENT MARKET, BY HOISTS, 2019-2027 (IN
$ MILLION)
FIGURE 23. MIDDLE EAST
AND AFRICA OVERHEAD MATERIAL HANDLING EQUIPMENT MARKET, BY OVERHEAD TRAVELING
CRANES AND MOVING SYSTEM, 2019-2027 (IN $ MILLION)
FIGURE 24. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY OTHERS, 2019-2027 (IN $
MILLION)
FIGURE 25. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY AUTOMOTIVE, 2019-2027 (IN $
MILLION)
FIGURE 26. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY FOOD & BEVERAGE,
2019-2027 (IN $ MILLION)
FIGURE 27. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY CHEMICAL, 2019-2027 (IN $
MILLION)
FIGURE 28. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY SEMICONDUCTOR &
ELECTRONIC, 2019-2027 (IN $ MILLION)
FIGURE 29. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY E-COMMERCE, 2019-2027 (IN $
MILLION)
FIGURE 30. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY AVIATION, 2019-2027 (IN $
MILLION)
FIGURE 31. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY PHARMACUETICAL, 2019-2027 (IN
$ MILLION)
FIGURE 32. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, BY OTHERS, 2019-2027 (IN $
MILLION)
FIGURE 33. MIDDLE EAST
AND AFRICA MATERIAL HANDLING EQUIPMENT MARKET, REGIONAL OUTLOOK, 2018 &
2027 (IN %)
FIGURE 34. UNITED ARAB
EMIRATES MATERIAL HANDLING EQUIPMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 35. TURKEY
MATERIAL HANDLING EQUIPMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 36. SAUDI ARABIA
MATERIAL HANDLING EQUIPMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 37. SOUTH AFRICA
MATERIAL HANDLING EQUIPMENT MARKET, 2019-2027 (IN $ MILLION)
FIGURE 38. REST OF
MIDDLE EAST & AFRICA MATERIAL HANDLING EQUIPMENT MARKET, 2019-2027 (IN $
MILLION)