Middle East & Africa 3D Measurement Sensors in Logistics Market Forecast to 2030
Middle East & Africa 3D Measurement Sensors in Logistics Market Forecast to 2030 – Regional Analysis – by Type (Image Sensors, Position Sensos, Acoustic Sensors, and Others) and Technology (Stereo Vision, Structured Light, Laser Light, and Others)
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Description
Increasing Deployment of 3D Measurement Sensors in Autonomous Mobile Robot’s Fuel Middle East & Africa 3D Measurement Sensors in Logistics Market
Mobile robots are integrated with 3D sensors, lighting units, and depth processing units to calculate depth. The technology makes it easy to evaluate distance in a full scene. The rising need for real-time depth and visual information has surged the adoption of 3D measurement sensors in the logistics industry. Further, 3D sensing cameras can offer depth-sensing intelligence to automated guided vehicles and autonomous mobile robots in warehouse operations. The 3D sensing camera helps perceive the surroundings and capture depth imaging data, which further helps to accelerate business-critical functions with more accuracy, convenience, and speed. The camera provides various functions such as localization, mapping, navigation, obstacle avoidance, object detection, and odometry. Thus, due to all the above factors, the demand for 3D measurement sensors is increasing in the logistics industry. Further, various market players are offering 3D measurement sensors due to their rising deployment in robotics, particularly for palletization and depalletization, as they help in dimension measurement. LMI Technologies INC. offers Gocator 2490 sensors, particularly for packing and logistics operations. The Gocator 2490 sensor can be mounted on the robotic arm to scan the loaded pallet. It also provides precise positional coordinates to lift the box and place it on the outbound conveyor accurately. Thus, the rising need for 3D measurement sensors in autonomous mobile robots for accurate logistic operation is expected to fuel the growth of the Middle East & Africa 3D measurement sensors in logistics market during the forecast period.
Middle East & Africa 3D Measurement Sensors in Logistics Market Overview
The 3D measurement sensors in logistics market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The noteworthy increase in online shopping in the region is fueling the growth of the logistics industry in the region. According to the International Trade Administration, by 2024, the number of Saudi internet users for e-commerce is expected to reach 33.6 million, an increase of 42% from 2019. Similarly, the e-commerce market in the UAE jumped by 53% in 2020, with a record of US$ 3.9 billion in e-commerce sales. Other countries in the MEA, such as Bahrain, Kuwait, and Qatar, are adopting the e-retail mode of distribution, further propelling the growth of logistics in the region. In addition, the growth in e-commerce is raising the need for warehouses in the region. In April 2022, Jebel Ali Free Zone, one of the biggest trading hubs in Dubai, announced that it had started the construction of its Jafza Logistics Park as the demand for warehousing units is increasing in the region due to the growing e-commerce. This new Jafza Logistics Park is expected to be completed by the end of 2023. The construction of this park will help accommodate the growing number of warehousing, processing, and logistics activities in Dubai. Similarly, in February 2023, Saudi Authority for Industrial Cities and Technology Zones (Modon) announced that it signed a partnership agreement to develop 14 Modon warehouses in Jeddah. These new facilities will feature smart automated systems to deliver rapid and temporary logistical solutions. Thus, growing e-commerce industry and increasing construction of automated warehouses are expected to raise the need for automated warehouse solutions such as robots and 3D cameras, propelling the growth of the 3D measurement sensors in logistics market in the Middle East & Africa.
Middle East & Africa 3D Measurement Sensors in Logistics Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa 3D Measurement Sensors in Logistics Market Segmentation
The Middle East & Africa 3D measurement sensors in logistics market is segmented into type, application, and country.
Based on type, the Middle East & Africa 3D measurement sensors in logistics market is segmented into image sensors, position sensors, acoustic sensors, and others. The image sensors segment held a largest share of the Middle East & Africa 3D measurement sensors in logistics market in 2022.
Based on application, the Middle East & Africa 3D measurement sensors in logistics market is segmented into technology, stereo vision, structured light, laser light, and others. The structured light segment held the largest share of the Middle East & Africa 3D measurement sensors in logistics market in 2022.
Based on country, the Middle East & Africa 3D measurement sensors in logistics market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa 3D measurement sensors in logistics market in 2022.
Micro-Epsilon Messtechnik GmbH & Co KG, Infineon Technologies AG, Cognex Corp, ifm Electronic GmbH, Intel Corp, OMRON Corp, and Sick AG are some of the leading companies operating in the Middle East & Africa 3D measurement sensors in logistics market.
Summary Info
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According to Business Market Insights research, the Middle East & Africa 3D measurement sensor in logistics market was valued at US$ 6.55 million in 2022 and is expected to reach US$ 9.93 million by 2030, registering a CAGR of 5.3% from 2022 to 2030. Increasing use of measurement sensors in logistics and growth of logistics industry are the critical factors attributed to the growth of Middle East & Africa 3D measurement sensor in logistics market.
According to Analog Devices, Inc., global parcel shipments are expected to reach 220 billion by 2027, owing to the growing automation in the logistics and retail industry. Automation in logistics helps achieve efficiency and sustainability in the supply chain, along with satisfying consumer demand for faster delivery. It also enhances operational efficiency at the warehouse by providing real-time data through machine vision, asset tracking, data capture scanning, and object dimensioning. Further, it has been observed that the warehouse and distribution centers operate at only 80-85% efficiency. The automation at these centers can help reduce and resolve issues such as missorted products.
Various manufacturers are developing new technology and solutions as the demand for automation increases in the logistics industry. Analog Devices, Inc. offers 3D depth-sensing technology, which enables scanning, dimensioning, and asset tracking for transportation and logistics applications. The 3D ToF is a scanner less LIDAR that uses high-power optical pulses in durations of nanoseconds to capture depth information from a scene of interest. In addition, various other market players are developing innovative solutions. In May 2023, Vzense Technology Inc. introduced a 3D depth-sensing camera that can be used for inventory tracking. This camera uses infrared light to sense the distance between objects and help track the movement of objects in 3D space. Thus, all the above factors have surged the demand for automation in the logistics industry, which is expected to fuel the growth of the Middle East & Africa 3D measurement sensors in logistics market during the forecast period.
On the contrary, 3D measurement sensor issues hamper the Middle East & Africa 3D measurement sensor in logistics market.
Based on type, the Middle East & Africa 3D measurement sensor in logistics market is segmented into image sensors, position sensors, acoustic sensors, and others. The image sensors segment held 46.8% share of Middle East & Africa 3D measurement sensor in logistics market in 2022, amassing US$ 3.07 million. It is projected to garner US$ 4.27 million by 2030 to expand at 4.2% CAGR during 2022-2030.
Based on technology, the Middle East & Africa 3D measurement sensor in logistics market is segmented into stereo vision, structured light, laser light, and others. The structured light segment held 44.3% share of Middle East & Africa 3D measurement sensor in logistics market in 2022, amassing US$ 2.90 million. It is projected to garner US$ 4.09 million by 2030 to expand at 4.4% CAGR during 2022-2030.
Based on country, the Middle East & Africa 3D measurement sensor in logistics market has been categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 36.3% share of Middle East & Africa 3D measurement sensor in logistics market in 2022. It was assessed at US$ 2.38 million in 2022 and is likely to hit US$ 3.70 million by 2030, exhibiting a CAGR of 5.7% during 2022-2030.
Key players operating in the Middle East & Africa 3D measurement sensor in logistics market are Cognex Corp, Ifm Electronic GmbH, Infineon Technologies AG, Intel Corp, Micro-Epsilon Messtechnik GmbH & Co KG, OMRON Corp, and Sick AG, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa 3D Measurement Sensors in Logistics Market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa 3D Measurement Sensors in Logistics Market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Middle East & Africa Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Macro-Economic Factor Analysis
3.5 Developing Base Number
3.6 Data Triangulation
3.7 Country Level Data
3.8 Calculation Base and Assumptions
4. Middle East & Africa 3D measurement sensors in logistics market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 Manufacturers:
4.2.3 Distributors or Suppliers:
4.2.4 End Users:
5. Middle East & Africa 3D measurement sensors in logistics market – Key Industry Dynamics
5.1 Drivers
5.1.1 Increasing Use of Measurement Sensors in Logistics
5.2 Market Restraints
5.2.1 3D Measurement Sensor Issues
5.3 Market Opportunities
5.3.1 Increasing Deployment of 3D Measurement Sensors in Autonomous Mobile Robots
5.4 Future Trends
5.4.1 Growing Automation in Logistics Industry
5.5 Impact of Drivers and Restraints:
6. 3D measurement sensors in logistics market – Middle East & Africa Market Analysis
6.1 Middle East & Africa 3D measurement sensors in logistics market Revenue (US$ Million), 2022 – 2030
7. Middle East & Africa 3D measurement sensors in logistics market Analysis – Type
7.1 Image Sensors
7.1.1 Overview
7.1.2 Image Sensors Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Position Sensors
7.2.1 Overview
7.2.2 Position Sensors Market Revenue and Forecasts To 2030 (US$ Million)
7.3 Acoustic Sensors
7.3.1 Overview
7.3.2 Acoustic Sensors Market Revenue and Forecasts To 2030 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
8. Middle East & Africa 3D measurement sensors in logistics market Analysis – Technology
8.1 Stereo Vision
8.1.1 Overview
8.1.2 Stereo Vision Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Structured Light
8.2.1 Overview
8.2.2 Structured Light Market Revenue and Forecasts To 2030 (US$ Million)
8.3 Laser Light
8.3.1 Overview
8.3.2 Laser Light Market Revenue and Forecasts To 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
9. Middle East & Africa 3D measurement sensors in logistics market – Country Analysis
9.1 Overview
9.1.1 Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 South Africa Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.1.1 South Africa Middle East & Africa 3D measurement sensors in logistics market Breakdown by Type
9.1.1.1.2 South Africa Middle East & Africa 3D measurement sensors in logistics market Breakdown by Technology
9.1.1.2 Saudi Arabia Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.2.1 Saudi Arabia Middle East & Africa 3D measurement sensors in logistics market Breakdown by Type
9.1.1.2.2 Saudi Arabia Middle East & Africa 3D measurement sensors in logistics market Breakdown by Technology
9.1.1.3 UAE Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.3.1 UAE Middle East & Africa 3D measurement sensors in logistics market Breakdown by Type
9.1.1.3.2 UAE Middle East & Africa 3D measurement sensors in logistics market Breakdown by Technology
9.1.1.4 Rest of Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.4.1 Rest of Middle East & Africa 3D measurement sensors in logistics market Breakdown by Type
9.1.1.4.2 Rest of Middle East & Africa 3D measurement sensors in logistics market Breakdown by Technology
10. Middle East & Africa 3D measurement sensors in logistics market – Impact of COVID-19 Pandemic
10.1 Pre & Post Covid-19 Impact
11. Competitive Landscape
11.1 Heat Map Analysis By Key Players
11.2 Company Positioning & Concentration
12. Middle East & Africa 3D measurement sensors in logistics market Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Micro-Epsilon Messtechnik GmbH & Co KG
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 Infineon Technologies AG
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 Cognex Corp
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 ifm Electronic GmbH
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 Intel Corp
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 OMRON Corp
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
13.7 Sick AG
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 SWOT Analysis
13.7.5 Key Developments
14. Appendix
14.1 Word Index
LIST OF TABLES
Table 1. Middle East & Africa Middle East & Africa 3D measurement sensors in logistics market segmentation
Table 2. Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 3. Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – Technology
Table 4. Middle East and Africa Middle East & Africa 3D measurement sensors in logistics market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 5. South Africa Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 6. South Africa Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – By Technology
Table 7. Saudi Arabia Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 8. Saudi Arabia Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – By Technology
Table 9. UAE Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 10. UAE Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – By Technology
Table 11. Rest of Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 12. Rest of Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million) – By Technology
Table 13. Company Positioning & Concentration
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa Middle East & Africa 3D measurement sensors in logistics market segmentation, By Country
Figure 2. Ecosystem: Middle East & Africa 3D measurement sensors in logistics market
Figure 3. Middle East & Africa 3D measurement sensors in logistics market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers And Restraints
Figure 5. Middle East & Africa 3D measurement sensors in logistics market Revenue (US$ Million), 2022 & 2030
Figure 6. Middle East & Africa 3D measurement sensors in logistics market Share (%) – Type, 2022 and 2030
Figure 7. Image Sensors Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Position Sensors Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Acoustic Sensors Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Middle East & Africa 3D measurement sensors in logistics market Share (%) – Technology, 2022 and 2030
Figure 12. Stereo Vision Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Structured Light Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Laser Light Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Middle East & Africa 3D measurement sensors in logistics market by Key Country – Revenue (2022) (US$ Million)
Figure 17. Middle East & Africa 3D measurement sensors in logistics market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 18. South Africa Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Saudi Arabia Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. UAE Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Rest of Middle East & Africa 3D measurement sensors in logistics market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Heat Map Analysis By Key Players
The List of Companies – Middle East & Africa 3D Measurement Sensors in Logistics Market
o Cognex Corp
o Ifm Electronic GmbH
o Infineon Technologies AG
o Intel Corp
o Micro-Epsilon Messtechnik GmbH & Co KG
o OMRON Corp
o Sick AG
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