Middle East and Africa Process Automation Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Middle East and Africa Process Automation Market is expected to register a CAGR of 5.21% during the forecast period. Automation has become an essential part of modern manufacturing and industrial processes. It helps enterprises to realize the priorities above. Companies in the region are automating their operations with the help of different technologies like SCADA, DCS, MES, and PLC. The demand for these technologies is escalating, and many vendors are manufacturing solutions to help enterprises achieve higher efficiency in their manufacturing processes.
Key HighlightsThe Middle East and Africa Process Automation Market is very competitive in nature. The market is highly concentrated due to the presence of various small and large players. All the major players are focusing on expanding their consumer base across the world. Some of the significant players in the market are ABB Ltd, Siemens AG, Schneider Electric, Emerson Electric Co., Honeywell International Inc., General Electric Co., Mitsubishi Electric, Fuji Electric, and many more. The companies are increasing the market share by forming multiple partnerships and investing in introducing new solutions to earn a competitive edge during the forecast period.
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