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The Israeli Machinery and Equipments (M&E) market is a thriving sector, valued at $10 billion in 2022. It is driven by several factors, including strong economic growth, increasing investment in infrastructure projects, growing demand for automation and advanced technologies, and a booming construction industry. The M&E market is expected to continue growing at a steady pace in the coming years, driven by these factors.
The Israeli government is a major player in the M&E market, with annual procurement spending exceeding $2 billion. The government procures a wide range of M&E products and services, including construction equipment, medical equipment, defense equipment, IT equipment, and transportation equipment. The government's procurement process is governed by strict regulations, which are designed to ensure transparency and fairness.
The main M&E products and services procured by the Israeli government include construction equipment (bulldozers, excavators, cranes, etc.), medical equipment (MRI machines, CT scanners, X-ray machines, etc.), defense equipment (tanks, missiles, aircraft, etc.), IT equipment (computers, servers, software, etc.), and transportation equipment (buses, trains, airplanes, etc.).
The top authorities responsible for M&E procurement in Israel include the Ministry of Defense, Ministry of Health, Ministry of Transportation, Ministry of Finance, and Israel Defense Forces (IDF).
The top winners of M&E procurement contracts in Israel include Elbit Systems, Rafael Advanced Defense Systems, Israel Aerospace Industries (IAI), Caterpillar, and Siemens.
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