MIDDLE EAST AND AFRICA PROCESS AUTOMATION AND INSTRUMENTATION MARKET 2018-2026

MIDDLE EAST AND AFRICA PROCESS AUTOMATION AND INSTRUMENTATION MARKET 2018-2026

  • March 2018 •
  • 65 pages •
  • Report ID: 4753169
KEY FINDINGS
The Middle East and Africa process automation and instrumentation market is evolving at 6.48% of CAGR. The growth of the market is projected during the forecast period from 2018 to 2026. Varied benefits of automation in the business operation is encouraging companies to invest in managing their risk more precisely despite their rigid budget. Hence, upsurging the advancement of the market in the region.

MARKET INSIGHTS
The market for process automation and instrumentation in MEA region comprises of countries like UAE, South Africa, Saudi Arabia, and rest of MEA.Among all, Saudi Arabia holds the largest market share in the MEA region, owing to the developing oil and gas industry which is one of the major application of process automation and instrumentation market.

Also, the growing automotive sector in South Africa is making it the fastest growing country in the region.

COMPETITIVE INSIGHTS
The major players noted in the MEA market are Honeywell International Inc., General Electric Corporation (Ge), Schneider Electric, Mitsubishi Electric Corporation, Siemens Ag, Texas Instruments, Rockwell Automation Inc., ABB LTD., Danaher Corporation, and Emerson Electric Company.