Middle East & Africa Automotive Camera Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis – by Application (Park Assist and ADAS), Type (Mono Camera, Surround View Camera, and Rear View Camera), Vehicle Type (Passenger Cars and Commercial Vehicle), and Level of Autonomy (L1, L2, L3, and Others)      


No. of Pages: 138    |    Report Code: BMIRE00026181    |    Category: Automotive and Transportation

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Middle East & Africa Automotive Camera Market
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The automotive camera market in the Middle East & Africa is expected to grow from US$ 396.48 million in 2022 to US$ 1,205.61 million by 2028; it is estimated to grow at a CAGR of 20.4% from 2022 to 2028.

 

The growing popularity of electric vehicles is the major factor driving the growth of the Middle East & Africa automotive camera market. Nowadays, electric cars are equipped with ADAS and automotive cameras, such as mono cameras, rear view cameras, and surround-view cameras, for a better driving experience. The growing demand for electric vehicles is primarily attributed to the increasing demand for low-emission vehicles and a surge in supportive regulations for zero-emission vehicles through subsidies and tax rebates that compelled the manufacturers to provide electric cars across the region. When switching to an electric vehicle, customers expect a higher level of digital experience with advanced driving features. The push for technological innovations may increase the demand for connectivity, shared mobility solutions, rear view cameras, and 360-degree view technology. In addition, increased expectations regarding ADAS function in electric vehicles would propel the automotive camera market dynamics in the coming years. Thus, the growing production of electric vehicles is anticipated to hold potential demand for incorporating automotive cameras, which would create lucrative opportunities for the market during the forecast period.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa automotive camera market at a substantial CAGR during the forecast period.

 

Middle East & Africa Automotive Camera Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Automotive Camera Market Revenue and Forecast to 2028 (US$ Million)
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Middle East & Africa Automotive Camera Strategic Insights

Strategic insights for the Middle East & Africa Automotive Camera provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Middle East & Africa Automotive Camera Report Scope

Report Attribute Details
Market size in 2022 US$ 396.48 Million
Market Size by 2028 US$ 1,205.61 Million
Global CAGR (2022 - 2028) 20.4%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Application
  • Park Assist
  • ADAS
By Type
  • Mono Camera
  • Surround View Camera
  • Rear View Camera
By Vehicle Type
  • Passenger Cars
  • Commercial Vehicle
By Level of Autonomy
  • L1
  • L2
  • L3
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Aptiv PLC
  • Autoliv Inc.
  • Continental AG
  • FLIR Systems, Inc.
  • Magna International Inc.
  • Mobileye
  • Robert Bosch GmbH
  • Stonkam Co., Ltd.
  • Valeo
  • Get more information on this report

    Middle East & Africa Automotive Camera Regional Insights

    The geographic scope of the Middle East & Africa Automotive Camera refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

    geography/middle-east-and-africa-automotive-camera-market-geography.webp
    Get more information on this report
    Get more information on this report

    Middle East & Africa Automotive Camera Strategic Insights

    Strategic insights for the Middle East & Africa Automotive Camera provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

    strategic-framework/middle-east-and-africa-automotive-camera-market-strategic-framework.webp
    Get more information on this report

    Middle East & Africa Automotive Camera Report Scope

    Report Attribute Details
    Market size in 2022 US$ 396.48 Million
    Market Size by 2028 US$ 1,205.61 Million
    Global CAGR (2022 - 2028) 20.4%
    Historical Data 2020-2021
    Forecast period 2023-2028
    Segments Covered By Application
    • Park Assist
    • ADAS
    By Type
    • Mono Camera
    • Surround View Camera
    • Rear View Camera
    By Vehicle Type
    • Passenger Cars
    • Commercial Vehicle
    By Level of Autonomy
    • L1
    • L2
    • L3
    Regions and Countries Covered Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East and Africa
    Market leaders and key company profiles
  • Aptiv PLC
  • Autoliv Inc.
  • Continental AG
  • FLIR Systems, Inc.
  • Magna International Inc.
  • Mobileye
  • Robert Bosch GmbH
  • Stonkam Co., Ltd.
  • Valeo
  • Get more information on this report

    Middle East & Africa Automotive Camera Regional Insights

    The geographic scope of the Middle East & Africa Automotive Camera refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

    geography/middle-east-and-africa-automotive-camera-market-geography.webp
    Get more information on this report

    middle East & Africa Automotive Camera Market Segmentation

     

    The Middle East & Africa automotive camera market is segmented into application, type, vehicle type, level of autonomy, and country. Based on application, the Middle East & Africa automotive camera market is bifurcated into park assist and ADAS. The park assist segment accounted for a larger market share in 2022. Based on type, the Middle East & Africa automotive camera market is categorized into mono camera, surround view camera, and rear view camera. The rear view camera segment accounted for the largest market share in 2022, owing to increasing awareness for safe driving that needs the proportion of cars with a rear view camera. Based on vehicle type, the Middle East & Africa automotive camera market is bifurcated into passenger cars and commercial vehicle. The passenger cars segment accounted for a larger market share in 2022 owing to growing initiatives for introducing regulatory policies for safety and comfort for passenger vehicles. Based on level of autonomy, the automotive camera market is segmented into L1, L2, L3, and others. The L1 segment accounted for a larger market share in 2022. Moreover, the L2 segment is projected to observe significant growth during the forecast period owing to the growing demand for driver assistance systems. Based on country, the Middle East & Africa automotive camera market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. South Africa held the largest market share in 2022.  

     

    Aptiv PLC; Autoliv Inc.; Continental AG; FLIR Systems, Inc.; Magna International Inc.; Mobileye; Robert Bosch GmbH; Stonkam Co., Ltd.; and Valeo are among the leading companies operating in the Middle East & Africa automotive camera market.   

    The List of Companies - Middle East & Africa Automotive Camera Market

    1. Aptiv PLC
    2. Autoliv Inc.
    3. Continental AG
    4. FLIR Systems, Inc.
    5. Magna International Inc.
    6. Mobileye
    7. Robert Bosch GmbH
    8. Stonkam Co., Ltd.
    9. Valeo
    Frequently Asked Questions
    How big is the Middle East & Africa Automotive Camera Market?

    The Middle East & Africa Automotive Camera Market is valued at US$ 396.48 Million in 2022, it is projected to reach US$ 1,205.61 Million by 2028.

    What is the CAGR for Middle East & Africa Automotive Camera Market by (2022 - 2028)?

    As per our report Middle East & Africa Automotive Camera Market, the market size is valued at US$ 396.48 Million in 2022, projecting it to reach US$ 1,205.61 Million by 2028. This translates to a CAGR of approximately 20.4% during the forecast period.

    What segments are covered in this report?

    The Middle East & Africa Automotive Camera Market report typically cover these key segments-

    • Application (Park Assist, ADAS)
    • Type (Mono Camera, Surround View Camera, Rear View Camera)
    • Vehicle Type (Passenger Cars, Commercial Vehicle)
    • Level of Autonomy (L1, L2, L3)

    What is the historic period, base year, and forecast period taken for Middle East & Africa Automotive Camera Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Automotive Camera Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Middle East & Africa Automotive Camera Market?

    The Middle East & Africa Automotive Camera Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Aptiv PLC
  • Autoliv Inc.
  • Continental AG
  • FLIR Systems, Inc.
  • Magna International Inc.
  • Mobileye
  • Robert Bosch GmbH
  • Stonkam Co., Ltd.
  • Valeo
  • Who should buy this report?

    The Middle East & Africa Automotive Camera Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa Automotive Camera Market value chain can benefit from the information contained in a comprehensive market report.