Market Trends of Middle East and Africa ADAS Industry
This section covers the major market trends shaping the MEA ADAS Market according to our research experts:
Government Regulations And Stricter Policies For Safety Roads
The age of ADAS equipped cars due to the recent advancements in technology and tech-savvy modern demands for drivers as well as passengers will be the main driving factor. Environmentally friendly vehicles like electric vehicles (EVs) with the inclusion of Advanced Driver Assistance Systems (ADAS) are being adopted as the industry moves toward eco-friendly solutions.
By 2025, due to the growing demand for increased regulation norms by all the government for safety and environmental reasons, companies will see a rise in demand for mandatory features for cars to be equipped with an ADAS system for all upcoming vehicles.
ADAS will fit cars with features like the electronic stability control, alcohol interlocks for repeat offenders and fleet drivers, anti-lock braking for motorcycles and event, and journey data. Countries like Saudi Arabia recently lifted a ban on women from driving vehicles, increasing the demand for car ownership.
Saudi Arabia And UAE Are Expected To Witness A Massive Growth In The ADAS Market
Rise in population, especially in larger cities like Cairo Istanbul Tehran, Riyadh and Dubai, unavailability of space, climate change, and the rising taxes, have all resulted in people drawn towards sustainability. The Middle East and Africa is a growing economy with improved infrastructure and road transport system. With the Middle East region adopting advanced technology gulf cooperation council (GCC) countries remain the leaders in the adoption of smart technologies.
One such example is the implementation of driverless cars powered by solar energy at Abu Dhabi that eventually led to the penetration of autonomous vehicles with ADAS technology in the Middle East region. Moreover, the Great Pyramids and the Grand Egyptian Museum resulted in Egypt's tourism market to become the fastest growing in North Africa. Also, FIFA World Cup 2022has resulted in improved stadium and metro-project in Doha and Qatar's. Saudi Arabia has also made the initiative to establish its country as a major hub for tourism.
Dubai in the United Arab Emirates has one of the most advanced smart transport technologies. Its growing infrastructure and with advancements in AI and IoT and with ever-growing dependence, the demand for automobiles will grow towards the ADAS technology.
