Market Size of Middle East and Africa ADAS Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 11.19 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA ADAS Market Analysis
The Middle East and Africa Advanced Driver Assistance Systems (ADAS) Market is expected to register a CAGR greater than 11.19% during the forecast period (2020 - 2025).
The Middle East and Africa ADAS market are expected to reach USD 3.17 Billion by 2025. The demand for Advanced Driver Assistance Systems (ADAS) is growing in the world and Middle- East due to rising affordability and government regulations promoting intelligent systems to assist the driver and improve safety.
Such systems can provide information about traffic, congestion levels, blockage of roads, monitoring, warning, braking, and steering tasks, which is primarily fueled by regulatory and consumer interest in safety applications that protect drivers and reduce accidents. Another factor driving the ADAS market is the demand for the rise in luxury car sales and improved results in the downfall in the number of accidents due to drivers' distraction.
The Middle East and Africa nations are one of the highest importers of automobiles and high-tech associated with the cars. Saudi Arabia, UAE, Qatar, and South Africa, its customers, adopt the ADAS market over the last five years. Growing population, developed infrastructure, and transportation and improved economy are a few of the factors for this rapid growth in ADAS cars.
