Middle East Advanced Driving Assistance Systems Market Synopsis
The Middle East advanced driving assistance systems market is expected to grow during the forecast period. The growth is primarily attributed to the increasing demand for safety and security features in vehicles, increasing adoption of advanced driving assistance systems (ADS) by automotive companies, and the rising population of middle-income countries in the region. Further, automotive manufacturers are also increasingly looking into integrating ADAS systems into their vehicles as they understand how such systems can benefit overall vehicle performance. This trend is likely to increase over time as more automakers introduce electrified models that rely heavily on automated driving capabilities. The Middle East ADAS Market is a part of global advanced driving assistance systems market.
According to 6Wresearch, the Middle East advanced driving assistance systems market size is likely to witness growth during 2022-28. The growth of this market is mainly due to the increasing number of vehicles equipped with advanced driving assistance systems (ADAS) and increasing demand for ADAS from the automotive industry. Further, rising consumer spend on luxury vehicles, increasing demand for safety features, and the growth of the connected car market are some of the key drivers of this market growth. Additionally, the customers are expanding and the trend of expanding customer base is expected to continue as there is growing demand from end users for enhanced safety and convenience features offered by ADAS systems. Additionally, increasing focus on improving fuel efficiency is resulting in increased interest from OEMs in these systems.
Market Analysis By Product Type
In terms of product type, the market is categorized into adaptive cruise control, blind spot detection, park assist, autonomous emergency braking, intelligent headlights and others. Currently, the park assist account for the highest market share. Additionally, radar-based ADAS system accounted for the largest share in 2016 and is expected to grow at a higher rate in future owing to its wide deployment across various vehicles types and applications. Camera-based ADAS system is expected to grow at a higher rate in future owing to its growing popularity among consumers for enhancing their driving experience.
Market Analysis By Competitive Landscape
The companies are investing in R&D to develop advanced driving assistance systems that can meet the needs of consumers in the region. Some of these companies have also launched regional versions of their flagship products, which helps them gain an advantage over their rivals in the region. Additionally, these companies are engaged in developing and marketing various types of ADSs that are used in passenger cars and commercial vehicles. Moreover, Automotive manufacturers are focusing on developing this technology as it has significant potential to reduce traffic accidents and improve safety. However, the development of autonomous vehicles will also result in the displacement of certain applications currently served by ADAS systems. As a result, ADAS providers are focusing on expanding their customer base beyond traditional automotive players and into other segments such as transportation management companies (TMCs), ride-hailing platforms, and freight transport operators. Some providers have also started offering standalone autonomous driving services to customers.
COVID-19 Influence on the Middle East Advanced Driving Assistance Systems Market
The manifestation of Covid-19 pandemic has caused a slowdown in the automotive market. Nevertheless, the market has convalesced progressively in recent years. The market is witnessing increasing demand from the government and private sector for efficient and accurate navigation system, as well as autonomous driving features. Additionally, autonomous driving has emerged as a key focus for many OEMs in the Middle East region owing to its potential to redefine the way people commute, interact with their environment, and safety on the roads. In addition, advancements in natural language processing and machine learning are also expected to drive growth in this market.
Key Attractiveness of the Report
- COVID-19 Influence on the Market
- 8 Years of Market Numbers
- Historical Numbers from 2018 to 2021.
- Base Year: 2021
- Forecast Data Until 2028
- Key Performance Indicators Influencing the Market.
- Key Upcoming Developments and Projects.
Key Highlights of the Report:
- Middle East Advanced Driving Assistance Systems Market Overview
- Middle East Advanced Driving Assistance Systems Market Outlook
- Middle East Advanced Driving Assistance Systems Market Forecast
- Forecast of Middle East Advanced Driving Assistance Systems Market Revenues, for the Period 2021-2028F
- Forecast of Middle East Advanced Driving Assistance Market Revenues, By Product Types, for the Period 2021-2028F
- Forecast of Middle East Advanced Driving Assistance Market Revenues, By Sensor Types, for the Period 2021-2028F
- Forecast of Middle East Advanced Driving Assistance Market Revenues, By Vehicle Types, for the Period 2021-2028F
- Forecast of Middle East Advanced Driving Assistance Market Revenues, By Countries, for the Period 2021-2028F
- Middle East Advanced Driving Assistance Market Share, By Market Players
- Market Drivers and Restraints
- Middle East Advanced Driving Assistance Market Trends
- Competitive Benchmarking
- Key Strategic Recommendations
Markets Scope and Segmentation
The report delivers a widespread study of the subsequent market segments:
By Product Types
- Adaptive Cruise Control
- Blind spot Detection
- Park Assist
- Autonomous Emergency Braking
- Intelligent Headlights
- Others
By Sensor Types
- LiDAR
- RADAR
- Camera
- Ultrasonic
By Vehicle
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial vehicles
By Countries
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- Oman
