Egypt Advanced Manufacturing - Industry - Market, Share and Trends 2023-2028

Summary of Advanced Manufacturing

Advanced manufacturing adoption in Egypt faces challenges like lack of specialized infrastructure, difficulties accessing advanced machinery, and shortage of technical skills. However, the country’s sizable domestic market and low-cost labor could make Egypt an attractive future hub for industries like automotive, electronics, and medical devices if the proper investments and policies are pursued.

The Egyptian government has emphasized advanced manufacturing as key for upgrading low-productivity traditional industries under its sustainable development strategy Egypt Vision 2030. Goals include increasing industrial sector contribution to GDP from 16% to 21%, boosting non-oil exports over $30 billion by 2030, and creating over 1 million new manufacturing jobs.

Based on our estimates, we can say that the Egypt’s advanced manufacturing industry is forecasted to be a $3.06 billion industry in 2029 from $2.16 billion in 2023 with a CAGR of 6 %.

A national plan for advanced manufacturing is still in early stages, with efforts so far focused on rolling out technology parks, industrial zones and training programs tailored to fields like engineering, mechatronics and industrial IoT. Further public-private coordination is needed to formulate integrated strategies for advanced manufacturing adoption on a broader scale across promising sectors.

Recent Trends and Insights

Egypt’s government has emphasized advanced manufacturing as a key for upgrading low-productivity traditional industries under its sustainable development strategy Egypt Vision 2030. Goals include increasing industrial sector contribution to GDP from 16% to 21%, boosting non-oil exports over $30 billion by 2030 and creating over 1 million new manufacturing jobs.

A national plan for advanced manufacturing is still in early stages, with efforts so far focused on rolling out technology parks, industrial zones and training programs tailored to fields like engineering, mechatronics and industrial IoT. Further public-private coordination is needed to formulate integrated strategies for advanced manufacturing adoption on a broader scale across promising sectors.

Egypt’s manufacturing sector is a major driving force in the country’s economic diversification that is backed by Qatar National Vision 2030 and is aiming to develop an economy that is less dependent on hydrocarbons.

Egypt’s unparalleled market access and connectivity make local production attractive for various industries which is inclusive of— medical additive manufacturing.

Product Insights

Electric vehicles, battery systems, engine components, aftermarket parts produced using advanced techniques like precision engineering, composite materials, and integrated electronics.

Semiconductors, computers, heavy equipment for construction, agricultural machinery, machine tools etc. Focus on increasing efficiency, safety, output via embedded computing, automation and other Industry 4.0 technologies.

Generic drug formulations, surgical tools, imaging machines, wearables, assistive devices produced locally through advanced techniques to improve Egypt’s healthcare system.

Solar panels, wind turbine parts, transformers, monitoring systems and other equipment needed for mega renewable projects. Leveraging additive manufacturing, advanced materials, robotics and more for domestic production.

Pipes, valves, pumps, drill bits, monitoring sensors, platform/rig components fabricated with precision manufacturing. Applying IIoT, advanced analytics to improve performance.

Key companies

Some major players within this vast domain of industry are:

• Vodafone Egypt
• Orascom Telecom
• Etisalat
• El Sewedy Electric
• Misrata Steel
• Al-Mahkafer Pharmaceuticals
• Oilvest
• Alexandria Mineral Resources Company (AMRC)
• El-Nasr Automotive
• Tus-Hold

Country Analysis

Egypt faces challenges in adopting advanced manufacturing techniques due to lack of specialized infrastructure, access to advanced machinery and a shortage of skilled workforce. However— the country’s sizable domestic market and low-cost labor could make Egypt an attractive future hub for industries like- automotive, electronics and medical devices if the proper investments and policies are pursued.

Challenges include updating traditional factories with modern equipment, attracting manufacturing foreign direct investment beyond startups, and training workforces in advanced technologies. Sustained government and industry focus on smart manufacturing can help Egypt achieve scale in producing innovative high-value exports while also addressing domestic needs.

Egypt has signed an agreement with France’s Safran Engines for aircraft engine maintenance and manufacturing. This marks as a significant step forward in Egypt’s localization of advanced manufacturing technologies in the defence industry.

Egypt poses itself as a manufacturing hub across the globe for several purposes. Egypt – because of its robust ecosystem for manufacturing – with significant access to base materials and is home to the first model factory in the GCC that offers hands-on training to help corporations.

Market segmentation

By Type:

• Additive manufacturing/3D printing
• Automation/robotics
• Industrial internet of things (IIoT) and industrial analytics
• Plant asset management (PAM)
• Manufacturing execution systems (MES)
• Industrial controls

By End user:

• Manufacturer and Retailer
• Distinct industries like automotive, aerospace, electronics
• Process industries like oil & gas, chemicals, pharmaceuticals
• Energy and utilities
• Food and beverage

By Enterprise Size:

• Large Industries
• Small & Medium Industries

Our Methodology

We have offered a well-founded review of Egypt’s advanced manufacturing market along with ongoing trends and upcoming projections to highlight proximate investment opportunities in this report. Moreover, an extensive analysis of any future prospects, challenges, competitors, or navigating aspects is also provided. A methodical detailed regional examination is presented.

Primary Research  

Our multi-pronged research approach includes interviews with industry leaders and a global survey of advanced manufacturing professionals to gain qualitative insights. We utilize our proprietary databases encompassing key performance indicators worldwide in order to collate relevant data points. A multivariate forecasting framework considering historical performance, current dynamics and qualitative factors are utilized to develop market sizing and growth projections through 2029.

We supplement our primary research with a careful examination of secondary materials such as– case studies, news stories and references from other sources. Organizations can benefit from the strategic advice and conclusions offered because they will be better equipped to respond to the dynamic nature of this industry and seize emerging possibilities.

We employ a comprehensive and iterative research methodology focused on minimizing deviation to provide the most accurate market estimates. Our research utilizes a combination of bottom-up and top-down approaches across segments and utilizes databases, primary research insights and industry experts for analysis.

Raw data is obtained from multiple sources and thoroughly filtered to ensure only authenticated and validated sources are considered. We collect data from raw material suppliers, industry associations, technology providers, and buyers to gain a holistic perspective.

Quantitative Analysis

Our market estimates are derived through statistical models, beginning with collection of historical data and analysis of macro- and micro-economic factors influencing the market. Gathered information on market dynamics, technology and pricing trends are utilised to build the models.

Econometric and technological models are applied to project short- and long-term market potential respectively. A bottom-up approach is preferred to minimize errors. Key parameters considered include market drivers and restraints, material pricing trends, regulatory scenarios, and capacity additions.

Weights are assigned to these parameters based on impact analysis and market forecasting is performed via statistical tools and techniques. We believe this methodology results in an accurate and realistic market picture.