The UAE automotive sensor market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 6% during 2023–2031. The growth of market is attributed to affordable price range, varies in sizes, energy efficient, and manufactured in bulk along with the development and adoption of autonomous driving which involves advanced functionality.
UAE is considered as a hub of research and development for technologies which involves the utilization of nano and micro-technology, primarily in Middle East, resulting the sensor industry to create immense opportunities for smarter automotive applications.
Rapid adoption of autonomous driving and increasing demand for enhanced functionality software such as object detection, path planning, and functionality safety for e.g. LiDAR creates importance in passenger car segment.
From the last few years transportation and construction sector of UAE has witness a significant growth which leads to rising demand for commercial vehicles. Thus many truck owners invested in performance upgrade for energy efficiency and comfort. In UAE heavy vehicles are expected to use ADAS and connectivity technology for transportation and construction segment, which automatically elevates the automotive sensor market.
Furthermore, with the emergence of enhanced sensor for autonomous infrastructure and growing demand for electric vehicle is expected to boost the growth, not only of the region but also globally.
Development of new technologies which can be integrated with nano and micro-technology and increased R&D opens up the new horizon and impels the sensor market growth in the coming years.
Many automotive sensors have experienced major scarcity of resources from the global supply chain and logistic owing to the COVID outbreak which had a perceptibly negative impact on their business. With most of the supply chain still disrupted, temporary shutdown of industries, limited production resulted in vehicles sales down resulting in demand for automotive sensors in all time low.
Market Trends, Drivers, Restraints, and Opportunities
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Increasing demand for fuel efficiency, available in low cost, and easy available because of bulk production is expected to propel the market in the coming years.
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Growing demand for advanced software functionality is estimated to spur the market during the forecast period.
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Rapid growth in construction and transportation industry is anticipated to drive the market during projected period.
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Increasing demand for commercial vehicles and its features such as lane-keeping assist, braking system and adaptive cruise control system is estimated to augment the market in the coming years.
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R&D and technological advancement which allows the integration of nano and micro-technology for the sensor application creates a lucrative opportunities for the key players in the market.
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Rising demand for electrical vehicles is anticipated to surge the market during the forecast period.
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High cost involved in the production of automotive sensors act as a factor that can hinder the growth of the market in the coming years.
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Sensors being volatile to combat against the harsh weathers conditions possess a challenge that can hamper the market growth during the projected period.
Scope of the market
The report on the UAE automotive sensor market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Automotive sensors market – UAE Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Pressure, Temperature, Speed, Others), Technology Types (Nano-electro-mechanical Systems (NEMS) and Micro-electro-mechanical-systems (MEMS)), Application Types (Vehicles Security System, Telematics, Body Electronics, and Power Train)
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Country
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UAE
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Robert Bosch GmbH; Infeneon Technologies; Denso Corp; Continental AG; Delphi Automotive.
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Market segment insights
The pressure segment is expected to exhibit high CAGR
Based on the types, the market is segregated into pressure, temperature, speed, and others. The pressure segment is expected to exhibit high CAGR in the coming years due to the sensors that ensures the safety requirements of the passenger car such as with an impact swift deployment of airbags, improves efficiency, and effectively controls the sparks in diesel and gas engines which improves the engines performance.
The micro-electro-mechanical-systems (MEMS) segment holds a key share of the market
On the basis of technology, the market is fragmented into nano-electro-mechanical systems (NEMS) and micro-electro-mechanical-systems (MEMS). The micro-electro-mechanical-systems (MEMS) segment holds a key share of the market during the forecast period owing to less energy consumption, prices are affordable, easily integrated with the system, compact size, volume, and mass these are some of the characteristics responsible for the growth of the segment.
The power train segment is estimated to major share market
In the terms of applications, the market is categorized into vehicles security system, telematics, body electronics, and power train. The power train segment is estimated to hold major share market during the projected period due to the sensors optimizes the fuel consumption by administering the vehicles parameters such as pressure and temperature and accordingly control the engine unit, hence this components act as a main component which can escalate the fuel efficiency.
Segments
UAE automotive sensors market has been bifurcated on the basis of
Types
- Pressure
- Temperature
- Speed
- Others
Technology
- Nano-electro-mechanical Systems (NEMS)
- Micro-electro-mechanical-systems (MEMS)
Application
- Vehicles Security System
- Telematics
- Body Electronics
- Power Train
Country
Key Players
- Robert Bosch GmbH
- Infeneon Technologies
- Denso Corp
- Continental AG
- Delphi Automotive.
Competitive Landscape
Key players competing in the UAE automotive sensors market include Robert Bosch GmbH; Infeneon Technologies; Denso Corp; Continental AG; Delphi Automotive.
Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.