GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking and Investments

 
  Share
Reports forecast double-digit uplift for region's warehouse automation & e-tail segments
 
Dubai, United Arab Emirates -  September 14, 2019:   Materials Handling Middle East, the region's dedicated warehousing, intralogistics and supply chain solutions show, racked up a 12% visitor uplift on the 10th edition of the biennial event which closed at the Dubai World Trade Centre on September 5.
 
Some 3,882 visitors from more than 50 countries turned out for the show which has evolved into a futuristic showcase of robotics and automation as the regional industry transforms to meet 4th industrial revolution demands.
 
Close to 100 exhibitors from over 30 nations were demonstrating the latest technological solutions to deliver increased operational and cost efficiency, production capacity growth, speedy customer responsiveness and heightened competitiveness with logistics and materials handling at its core. 
 
They included: Japan's automation provider, Daifuku; Germany's Schafer; the regional branch of industrial solutions provider, ACME; Kuwaiti transportation logistics giant, Agility; IQrobotics, the name behind Dubai's first robotic fulfilment centre, and Swisslog Middle East LLC, a subsidiary of German robot manufacturer KUKA.
 
The show also featured a dedicated Chinese pavilion featuring around 20 of the country's biggest industry names. The Chinese presence came in the wake of recent UAE-China accords for $3.4 billion worth of new Belt and Road initiatives which are bringing the UAE's logistics location and facilities advantages into sharp global focus.
 
“The show underlined the major transformation which is now underway throughout the Middle East's entire materials handling eco-system,” explained Jasmeet Bakshi, Group Director of Other Services at Messe Frankfurt Middle East, organiser of Materials Handling Middle East. 
 
“We foresee the pace of change picking up given the robust forecasts for the region's warehouse automation and e-tailing segments which were released on the side-lines of the show's Supply Chain + Logistics Forum, SCALEX.”
 
The Forum delved into the impact and opportunities arising from the increasing digitization of the industry and the advanced technologies, including artificial intelligence, big data, blockchain and robotics that are disrupting the sector to improve business efficiencies. 
 
Research and advisory firm LogisticsIQ used the platform to release its report on the regional warehouse automation sector. It says the sector will attain compound annual growth of 17.5% to 2025 to reach a value of US $1.6 billion – almost triple today's US $600 million worth. The growth, it says will be driven by rising e-commerce demand. 
 
Meanwhile, a whitepaper by global analysts Aranca, suggests that with ironed-out roadblocks and increasing technology take up, the e-tail segment in the Middle East and North Africa could register a compound annual growth of around 25% to 2023 to reach US$34 billion in value.
 
“These growth forecasts will have an expansionary impact on materials handling, logistics and warehousing in the region, which, according to analysts 6WResearch, will attain compound annual growth of 5.4% to 2025 reaching a value of US$69.2 billion,” added Bakshi. “These bullish forecasts consequently suggest the show will continue on its expansionary path for its next edition which will be held at DWTC in September 2021.”
 
And although two years ahead of its next showing exhibitors were eager to secure places at an event at the centre of a high potential region.  Navin Narayan, Managing Director of ACME, said: “We have had quite a few meaningful conversations with perspective clients. This show has that advantage, more qualified customers are coming to us with inquiries and projects. We have spoken to potential customers who have the potential to turn into working projects within a year or two. 
 
“It's important for ACME to show its presence and to showcase new technologies that are in the market. People know what our capabilities are and that is one of the primary reasons why we have become platinum sponsors for the show.” 
 
Andrey Kras, Account Manager at Daifuku, said: “We are here to find valuable leads and we have achieved this. It is important to show the market that our company is here and our participation at the exhibition is an important campaign to raise awareness of our presence in the region.”
 
The show also hosted the 3rd Materials Handling Middle East Forklift Challenge which saw 41 operators compete in a series of timed trails. Judged on criteria of safety, speed and efficiency, nine operators made it to the finals with Deepak Kataria of team CWT-SML Logistics taking the winner's honours for the second time in a row.
 
Kataria, said: “I'm very excited to be taking home the win again. As the returning champion from the last contest, I found there was some tough competition this year, but I was for up the challenge.”
 
Materials Handling Middle East, which has attracted several national pavilions nearly 100 exhibiting companies from 20-plus countries, ran from 3-5 September at DWTC. 



Posted by : GoDubai Editorial Team
Viewed 4522 times
Posted on : Saturday, September 14, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : UAE investors set to inject US$10 billion into Bangladesh economy
Next Story : Gold takes a breather
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Lockdown Showdown: Jaguar I-pace Etrophy Series to Get Back on Track in Berlin i...
Three Eggs get Yemeni National a Guinness World Records Title
Omega's Antimagnetic Tourbillon Is a Watchmaking Breakthrough
Lamborghini SCV12: Squadra Corse Hypercar Ready to Hit the Track
The new BMW M5 and BMW M5 Competition
Toric Tourbillon Slate
GROHE Smart Control Review
Twitter tests Tweeting with Voice
Saxo Bank Launches Loyalty Program for MENA Region Clients
Hyundai Motor and Sony Pictures Entertainment Announce Unique and Pioneering Mul...
American Aesthetic Medical Center Has Something in Store for the Esthetical Figu...
WTTC Launches Safe Travels Protocols for Attractions, Car Hire and Short-Term Rental
NUDESTIX Launches - Nudies Blush, Bronze, and Glow Shade Extension
Volvo Cars Chengdu Car Plant Powered by 100 Per Cent Renewable Electricity
Range Rover Marks 50 Years of All-terrain Innovation and Luxury With Exclusive N...
Under-12 and Over-60 Can Now Take Part in Sports Activities: Dubai Sports Council
Dabur Ensures Safety with Hand Sanitizers and Personal Protection Kits as UAE Es...
Let's Brigthen Up! The Face Shop's Ultimate Summer Skincare Range From Belif is Here!
Handy Helper for Content Creators: The Compact A6100 Mirrorless Camera from Sony...
Pre-orders for Samsung's Galaxy S20+ 5G and Galaxy Buds+ BTS Edition now open in...
Experts Highlight need for Young Talent to Develop Skills for a Post-Covid-19 World
Dabur Launches Pure Organic Coconut Oil: Natural Protection for Hair, Skin, and ...
GEMS Wellington Academy – Al Khail Improves Rating to 'Very Good' in KHDA DSIB 2...
Etihad Airways to Recommence Flights to Athens
Dubai Sees Pronounced Uptick in Demand for Retail Units
Book Building of Amlak International's IPO of 30% of Shares
Sanctuary for the Senses: All-New Lincoln Corsair Arrives with Whisper-Quiet, Co...
Essence Spring/Summer 2020 Collection
Registration Opens for Training On the Camel Trek and Camel Marathon for Expats
Covid-19 Leads UAE Businesses to Adopt Upgraded Green Building Solutions
Dubai Sports Council Discuss Upcoming Sports Events With Federations and Organisers
Dubai Sports Council to Celebrate Dubai's COVID-19 Heroes Through Commemorative ...
Turkish Airlines Was the Busiest Operator in the Eurocontrol Area After Restarti...
Celebrate Father's Day With Parmigiani Fleurier Tondagraph Slate'
INFINITI of Arabian Automobiles presents Dubai Islamic Bank customers Super Sale...
Crude Oil Headwinds on Virus and Technicals
Customers can Benefit from Increasing Gold Rate by just Paying 10% Advance at Ma...
Canadian University Dubai Receives Prestigious Certification in Education for Pu...
Report Reveals the Six Fintech Innovations That Will Boost the ‘Financial Health...
Serco Middle East Appoints New Managing Director for Dubai Metro and Dubai Tram
Big Bang Integral King Gold
Pan Emirates Unveils Exclusive New Collection
Digital Vision Technology Signals On-Track Success for Panasonic Jaguar Racing
Schneider Electric Extends Strategic Partnerships with AVEVA, Lenovo and Stratus...
Celebrate World Music Day with HONOR Magic Earbuds
The 11th Edition of the Arab Fashion Week to Launch Virtually Today, from June 2...
New Bentayga to Launch Beyond100
Cairo Amman Bank Adopts the Latest Technology to Enhance Performance and Securit...
Celebrate Summer Safely with the New, Shopping Normal at BurJuman
Registration open for Dubai Watersports Summer Week