The UAE Warehousing Automation Market to Grow at a CAGR of 13.4% & Generate USD 550 Mn by 2026F

The latest publication from Ken Research cites that the UAE Warehousing Automation Market will grow at a CAGR of 13.4% & generate USD 550 Mn for the 2021-2026F forecast period. The ease in policies, investment in R&D, the rise of e-commerce and retail sectors, adoption of industry 4.0 technologies, persistent labour shortage post the pandemic, and government initiatives are the key factors propelling the phenomenal growth. 

Over the past few years, the UAE Government has launched several initiatives like the Dubai IOT strategy, Dubai Blockchain Strategy, and the introduction of drones for last-mile delivery to revolutionize the logistics and warehousing automation market. Bolstering the market further is the World Logistics Passport that enables partner countries to leverage Dubai’s trade governance expertise and Dubai’s Silk Road Strategy to promote air and sea freight.

Another significant move is the adoption of industry 4.0 technologies by manufacturers and logistics companies, including robotic solutions, for improved efficiency, productivity, cost control, and customer experience. To leave no stone unturned, the UAE Government has also relaxed its FDI law that now permits 100 percent foreign ownership in over 122 economic activities across 13 sectors, including transport and storage, manufacturing, agriculture, space, and more. 

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