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Global Saudi Arabia Industrial Automation Tenders

Saudi Arabia Industrial Automation Tenders

Latest Saudi Arabia Industrial Automation tenders. Discover new opportunities for Industrial Automation tenders daily and win lucrative contracts across Saudi Arabia.

How big is the Industrial Automation market in Saudi Arabia?

The Saudi Arabian industrial automation and control market is projected to reach a valuation of USD 3.2 billion by 2026, expanding at a CAGR of 4.1% from 2020 to 2026. This growth is fueled by the Saudi Arabia National Industrial Development and Logistics Program, which aims to attract an investment of around $427 billion by 2030, primarily in manufacturing, mining, energy, and logistics.

Saudi Arabia government Industrial Automation Procurement

Saudi Arabia Industrial Automation and Control Government Procurement
The Saudi Arabian government plays a significant role in driving the adoption of industrial automation and control solutions. In 2022, the government procured over USD 800 million worth of industrial automation and control products and services, and this trend is expected to continue as the government prioritizes modernization and efficiency across various industries.

What Industrial Automation does the Saudi Arabia government buy?

Robotics and Autonomous Systems: Industrial robots, drones, and automated guided vehicles for material handling and logistics.
Cybersecurity and IT Solutions: Secure industrial networks, data protection systems, and industrial IoT platforms.
Maintenance and Training Services: Expertise in installation, commissioning, and ongoing maintenance of automated systems.

Major Industrial Automation buyers in Saudi Arabia government

The leading authorities responsible for industrial automation and control procurement in Saudi Arabia are:
Ministry of Industry and Mineral Resources (MIMR)
Saudi Arabian Standards Organization (SASO)
Saudi Arabian Industrial Development Fund (SIDF)
Saudi Aramco

Who wins the most Industrial Automation contracts from the Saudi Arabia government?

Honeywell: Offers a broad range of automation solutions and has secured major contracts in the Kingdom.
Schneider Electric: Another major player in the global market, catering to various automation needs in Saudi Arabia.
Local Companies: Leading Saudi firms like ACWA Power and National Technology Services are increasingly winning government contracts.

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24 Live Notices for Saudi Arabia Industrial Automation Tenders

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country Saudi Arabia
posting date12 Apr 2024
deadline24 Apr 2024