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THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on...

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May 2020 Digital Transformation will redefine landscape disrupt and transform the marketscape THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION MARKET The Growth Pipeline™ Company Powering clients towards a future shaped by growth 1
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Page 1: THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2) 7 Source: Frost & Sullivan analysis Interoperable

May 2020

Digital Transformation will redefine

landscape – disrupt and transform the marketscape

THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION MARKET

The Growth Pipeline™ Company Powering clients towards a future shaped by growth

1

Page 2: THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2) 7 Source: Frost & Sullivan analysis Interoperable

The Bigger Picture: Top 5 Predictions for 2020

2

Page 3: THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2) 7 Source: Frost & Sullivan analysis Interoperable

Middle East Industrial Automation Market – Top Predictions for 2020 Automation vendors is focusing on realign their portfolio as digitalization gains prominence in the Middle East region

3

Source: Frost & Sullivan

AUTOMATION INDUSTRY

PREDICTIONS 05

INTENSIFYING FOCUS ON CYBERSECURITY IN OIL AND GAS SEGMENT • Risks from cybersecurity are profound • More collaboration between stakeholders

GROWING DIGITAL TECHNOLOGY FOCUS • Digital opportunities to grow 2x times traditional automation product

markets

ERA OF PARTNERSHIPS AND M&As • Automation companies building partnerships with Technology

start-ups • Acquiring capabilities in Cloud, AI, Blockchain and Cybersecurity

SHIFT FROM PROCESS TO HYBRID/ DISCRETE SEGMENTS • Spurred by economic diversification in the region

INCREASING ADAPTABILITY OF NEW TECHNOLOGIES • Especially smart sensors, intelligent machines, and

advanced automation technologies

Page 4: THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2) 7 Source: Frost & Sullivan analysis Interoperable

KEY TRENDS TO WATCH OUT FOR 2020

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Page 5: THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2) 7 Source: Frost & Sullivan analysis Interoperable

(4)

(3)

(2)

(1) 4 3 2 1 0

(1) (2) (3) (4) (5)

1

2

3

4

High Certainty

High

Importance

Low Certainty

Low

Importance

Industrial Automation Market: Impact of Top 10 Trends, Middle East, 2020

Competition from new quarters; Go-to-market strategies need significant revamp

Market Impact Analysis of Top 10 Trends

Source: Frost & Sullivan

Industrial

Cybersecurity

5-level ISA-95

network architecture

Market

Consolidation Product-based to

lifecycle services

Industry Transition –

Open process

Automation system

Drones

Industrial Cloud

and AI

Digital

Twins

Blockchain

MAIC

MAIC – Main Automation and Information Contractor

5

Page 6: THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2) 7 Source: Frost & Sullivan analysis Interoperable

Top 10 Trends have an Impact on Middle East Industrial Automation Market (1/2)

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Source: Frost & Sullivan analysis

Field devices and sensors to become more intelligent; increased connectivity to

Enterprise applications

Application for components, enabling auditing and inspections, and asset

tracking

Transformation of 5-level ISA-95 Model to Network Architecture

Increasing Focus on Industrial Cyber Security

Blockchain in the Industrial Space

Framework become agile – higher assurance attained

AI will be applied across supply chain, design, testing, cybersecurity, workforce

optimization, and sustainability

Shift of Business Models from Product-based to Lifecycle

Services

Convergence of AI with Everything

Service economy will gain prominence as end-user industries look to optimize asset

utilization

Page 7: THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2) 7 Source: Frost & Sullivan analysis Interoperable

Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2)

7

Source: Frost & Sullivan analysis

Interoperable devices will push consortiums (e.g. The Open Group),and

open systems architecture.

Application and benefit in condition monitoring and asset operations and life

cycle management

Industry in Transition: Open Process Automation Systems

Drone Technology—Operational Intelligence for Monitoring and

Surveying

Digital Twins for Enhanced Process and Product Visibility

Adoption will increase across applications in the O&G value chain

Between industrial automation companies and new-age digitalization

specialists

Emerging Model of Main Automation & Information

Contractor Market Consolidation

Reduction of uncertainties in production and supply chain

Page 8: THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2) 7 Source: Frost & Sullivan analysis Interoperable

Impact: Shift from Product-based to Lifecycle Services Market participants need to prepare for business model disruption

Digital Enablers

Connected products

Embedded services

Focus on horizontal

Machines to more value

Omnichannel distribution

Business Model: 1

Prescriptive

Services

Business Model: 2 Business Model: 3

On-premise

SaaS Connected

Services

Business Model: 4

Usage-based

Service

Business Model: 5 Business Model: 6

Outcome-based

Services Product-as-

a-Service

Industrial Automation Market: Shift from Product-based to Lifecycle Services, MEA, 2020

Source: Frost & Sullivan

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Page 9: THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2) 7 Source: Frost & Sullivan analysis Interoperable

Frost & Sullivan has three key platforms that support our client partners to grow their business

Market Intelligence Services

Technical, Econometric, Application and Market assessments

Understand and predict end user behavior

Growth Consulting and Advisory Services

Growth Opportunity identification and

prioritization

Evaluate feasibility

Growth Implementation Services

Crisis Management and Risk Mitigation

Implementation planning and PMO

Partner selection

Digital Transformation enablement

CLIENT

Frost & Sullivan: Your Global Growth Partner We can facilitate your journey through this transition

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Growth Partnership Platform

Page 10: THE FUTURE OF THE MIDDLE EAST INDUSTRIAL AUTOMATION …... · Top 10 Trends have an Impact on Middle East Industrial Automation Market (2/2) 7 Source: Frost & Sullivan analysis Interoperable

THANK YOU

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Senior Consultant - Industrial Office: +91 44 6681 4017 Email: [email protected]

Arun Prasath


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