Middle East and Africa Automotive Embedded System Market

Market Introduction

The automotive embedded system market in the Middle East and Africa is expected to grow at a significant CAGR during the forecast period. The sale of vehicles has increased steadily in recent years in the MEA. The governments are actively promoting digitization in the automotive space and encouraging efforts to create awareness about the advantages of integrated systems. The expansion of the 5G-based telecommunication networks in countries such as Saudi Arabia, the UAE, Qatar, and Kuwait is likely to further support the growth of the automotive embedded system market in the Middle East and Africa. Saudi Arabia and the UAE are attracting manufacturing companies from Asia and Europe. Strategic initiatives and development plans to modernize the automotive industry and drive national transformation encourage the embedded system market growth. The import of secondhand cars from other countries suppressed the automobile industry growth in Africa in the early 2010s. However, due to high import duties and automobile supply restrictions, second-hand vehicles are severely constrained in Ethiopia, which creates notable demand for modern automotive and EPS manufacturing plants.   

Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait are the main MEA countries that are facing the serious effects of the COVID-19 pandemic. The majority of operations in the region have been suspended due to an increase in the number of cases in the region. To combat the pandemic, countries have been compelled to redirect funds to improve their healthcare infrastructure. As a result, the demand for passive components in the automotive industry is dwindling, thereby limiting the automotive embedded system demand generation in the MEA.                   

Middle East and Africa Automotive Embedded System Strategic Insights

Strategic insights for the Middle East and Africa Automotive Embedded System 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.

Middle East and Africa Automotive Embedded System Report Scope

Middle East and Africa Automotive Embedded System Regional Insights

The geographic scope of the Middle East and Africa Automotive Embedded System 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.

The automotive embedded system market in MEA is expected to grow from US$ 98.73 million in 2021 to US$ 133.27 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028. With the transforming mobility industry, the scope of infotainment systems is expanding to provide car occupants with greater safety features, additional functionality, and entertainment alternatives. Smartphone connectivity allows users to access messages and information through Wi-Fi and Bluetooth connectivity, making it easier to work on the go. These infotainment systems provide a digital experience in vehicles, with digital assistant, several screens, and various input methods. The incorporation of digital interfaces allows automotive suppliers and OEMs to create interfaces that display real-time data in a more suitable manner. The digital interfaces also confer a wider range of functions, allowing manufacturers to perform a number of safety-critical functions, including ADAS.       

Key Market Segments

MEA automotive embedded system market is segmented into type, component, application, and country. Based on type, the MEA automotive embedded system market is segmented into software and hardware. Hardware segment held the largest market share in 2020. Based on component, the MEA automotive embedded systems market is segmented into memory devices, microcontrollers, and sensor and drivers. Sensor and drivers segment held the largest market share in 2020. Based on application, the MEA automotive embedded systems market is segmented into powertrain & chassis control, body electronics, and multimedia and integrated systems/services. Multimedia and integrated systems/services held the largest market share in 2020. . Based on country, the MEA automotive embedded system market is segmented into Saudi Arabia, South Africa, UAE, and rest of MEA. South Africa held the largest market share in 2020.    

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the automotive embedded system market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Continental AG, Denso Corporation, Garmin Ltd., Harman International, Infineon Technologies AG, Mitsubishi Electric Corporation, Panasonic Corporation, and Robert Bosch GmbH          

Reasons to buy report

• To understand the MEA automotive embedded system market landscape and identify market segments that are most likely to guarantee a strong return.
• Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA automotive embedded system market.
• Efficiently plan M&A and partnership deals in MEA automotive embedded system market by identifying market segments with the most promising probable sales.
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA automotive embedded system market.
• Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA

MEA Automotive

• Software
• Hardware

MEA Automotive Embedded System Market - By

Component

• Memory Devices
• Microcontrollers
• Sensor and Drivers

MEA Automotive Embedded System Market - By Application

• Powertrain & Chassis Control
• Body Electronics
• Multimedia and Integrated Systems/Services

MEA Automotive Embedded System Market - By Country

• South Africa
• Saudi Arabia
• UAE
• Rest of MEA

MEA Automotive Embedded System Market - Company Profiles  

• Continental AG
• Denso Corporation
• Garmin Ltd.
• Harman International
• Infineon Technologies AG
• Mitsubishi Electric Corporation
• Panasonic Corporation
• Robert Bosch GmbH