Market Research Report
UAE Automotive Sensors Market, By Sensor Type, By Vehicle Type, By Application, By Technology, By Region, Competition Forecast & Opportunities, 2017-2027
|UAE Automotive Sensors Market, By Sensor Type, By Vehicle Type, By Application, By Technology, By Region, Competition Forecast & Opportunities, 2017-2027|
Published: May 1, 2022
Content info: 79 Pages
Delivery time: 2-3 business days
UAE automotive sensors market is projected to grow at a formidable rate during the forecast period. The market growth can be attributed to the rising sales and production of cars and surging consumer demand for vehicle safety. Besides, the growing inclination of consumers toward alternative fuel vehicles to reduce greenhouse gas emissions and the rising adoption of autonomous vehicles are propelling the growth of the UAE automotive sensors market. To reduce the increasing incidences of road accidents, OEMs are focusing on improving the safety experience of the driver with advanced sensors that can detect risks. Thus, growing initiatives toward developing advanced automotive sensors by the market players are expected to fuel the growth of the UAE automotive sensors market.
Additionally, the increasing sales of passenger vehicles owing to the rising personal disposable income of the middle-class population and steady economic growth are contributing to the increased adoption of automotive sensors. Changing consumer inclination towards electric and hybrid vehicles due to enhanced environment consciousness and subsidies provided by the government are supporting the market growth. Under the Dubai Autonomous Transportation Strategy, the Dubai Roads and Transport Authority has signed a deal with US firm Cruise to provide driverless taxis for transforming 25% of the total transportation into autonomous mode by 2030, which is expected to propel the UAE automotive sensors market in the coming years. Furthermore, market players are working on research and development activities to make advances in electric vehicles and innovation in electronic powertrain technologies for reducing emissions, which is anticipated to bolster the demand for automotive sensors through the forecast period.
The UAE automotive sensors market is segmented into sensor type, vehicle type, application, technology, regional distribution, and competitive landscape. Based on sensor type, the market is divided into temperature sensor, pressure sensor, oxygen sensor, position sensor, motion sensor, torque sensor, optical sensor, and others. The position sensors segment is expected to hold the largest share in the automotive sensors market owing to the rising demand for autonomous cars and autopilot applications and rising consumer preference for better safety standards and comfort. Based on vehicle type, the market is bifurcated into passenger cars and commercial vehicles. The passenger car segment is estimated to dominate the UAE automotive sensors market due to the significant demand and high production of automobiles and the growing use of sensors in passenger cars to improve vehicle performance.
Leading players in the UAE automotive sensors market are Robert Bosch GmbH, Infineon Technologies AG, Continental AG, Denso Corporation, BorgWarner Inc. (Delphi Technology), CTS Corporation, Hitachi Automotive Systems, Sensata Technologies, Aleph Automotive Sensors, Maxim Integrated, among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of automotive sensros manufacturers and suppliers in UAE. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings across the UAE.
TechSci Research calculated the market size for the UAE automotive sensors market using a bottom-up approach. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for industry stakeholders, manufacturers, distributors, dealers and policy makers, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.
In this report, UAE automotive sensors market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Rest of UAE
Company Profiles: Detailed analysis of the major companies present in UAE automotive sensors market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: