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Middle East & Africa Automotive Camera Market Forecast to 2028 - COVID-19 Impact and Regional 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)
Market Report I 2022-09-23 I 138 Pages I The Insight Partners
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 Auto motive Camera Market Revenue and Forecast to 2028 (US$ Million)
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.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Automotive Camera Market - By Propulsion
1.3.2 MEA Automotive Camera Market - By Type
1.3.3 MEA Automotive Camera Market - By Vehicle Type
1.3.4 MEA Automotive Camera Market - By Level of Autonomy
1.3.5 MEA Automotive Camera Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Automotive Camera Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.2.1 Ecosystem Analysis
4.3 Expert Opinion
5. MEA Automotive Camera Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Safety and Driving Comfort Features on High Demand
5.1.2 Increasing Popularity of Advanced Cameras in Vehicles
5.2 Market Restraints
5.2.1 High Installation Cost of Advanced Cameras
5.3 Market Opportunities
5.3.1 Electric Vehicles Becoming Popular
5.4 Market Trends
5.4.1 Surging Usage of Advanced Driver Assistance Systems (ADAS)
5.5 Impact Analysis of Drivers and Restraints
6. Automotive Camera Market - MEA Market Analysis
6.1 MEA Automotive Camera Market MEA Overview
6.2 MEA Automotive Camera Market Forecast and Analysis
7. MEA Automotive Camera Market Revenue and Forecast to 2028 - Application
7.1 Overview
7.2 MEA Automotive Camera Market, By Application (2021 and 2028)
7.3 PARK ASSIST
7.3.1 Overview
7.3.2 PARK ASSIST: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
7.4 ADAS
7.4.1 Overview
7.4.2 ADAS: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
8. MEA Automotive Camera Market - By Type
8.1 Overview
8.2 MEA Automotive Camera Market, By Type (2021 and 2028)
8.3 Mono Camera
8.3.1 Overview
8.3.2 Mono Camera: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Surround View Camera
8.4.1 Overview
8.4.2 Surround View Camera: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Rear View Camera
8.5.1 Overview
8.5.2 Rear View Camera: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
9. MEA Automotive Camera Market - By Vehicle Type
9.1 Overview
9.2 MEA Automotive Camera Market, By Vehicle Type (2021 and 2028)
9.3 Passenger Cars
9.3.1 Overview
9.3.2 Passenger Cars: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Commercial Vehicle
9.4.1 Overview
9.4.2 Commercial Vehicle: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
10. MEA Automotive Camera Market - By Level of Autonomy
10.1 Overview
10.2 MEA Automotive Camera Market, By Level of Autonomy (2021 and 2028)
10.3 L1
10.3.1 Overview
10.3.2 L1: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.4 L2
10.4.1 Overview
10.4.2 L2: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.5 L3
10.5.1 Overview
10.5.2 L3: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
11. MEA Automotive Camera Market - Country Analysis
11.1 Overview
11.1.1 MEA: Automotive Camera Market, by Key Country
11.1.1.1 South Africa: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 South Africa: Automotive Camera Market, By Type
11.1.1.1.2 South Africa: Automotive Camera Market, By Application
11.1.1.1.3 South Africa: Automotive Camera Market, By Vehicle Type
11.1.1.1.4 South Africa: Automotive Camera Market, By Level of Autonomy
11.1.1.2 Saudi Arabia: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Saudi Arabia: Automotive Camera Market, By Type
11.1.1.2.2 Saudi Arabia: Automotive Camera Market, By Application
11.1.1.2.3 Saudi Arabia: Automotive Camera Market, By Vehicle Type
11.1.1.2.4 Saudi Arabia: Automotive Camera Market, By Level of Autonomy
11.1.1.3 UAE: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 UAE: Automotive Camera Market, By Type
11.1.1.3.2 UAE: Automotive Camera Market, By Application
11.1.1.3.3 UAE: Automotive Camera Market, By Vehicle Type
11.1.1.3.4 UAE: Automotive Camera Market, By Level of Autonomy
11.1.1.4 Rest of MEA: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of MEA: Automotive Camera Market, By Type
11.1.1.4.2 Rest of MEA: Automotive Camera Market, By Application
11.1.1.4.3 Rest of MEA: Automotive Camera Market, By Vehicle Type
11.1.1.4.4 Rest of MEA: Automotive Camera Market, By Level of Autonomy
12. Industry Landscape
12.1 Market Initiative
12.2 New Development
13. Company Profile
13.1 Aptiv PLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Autoliv Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Continental AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 FLIR Systems, Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Magna International Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Robert Bosch GmbH
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Valeo
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Mobileye
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 STONKAM CO.,LTD.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. MEA Automotive Camera Market, Revenue and Forecast, 2019-2028 (US$ Million)
Table 2. MEA: Automotive Camera Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa: Automotive Camera Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa: Automotive Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. South Africa: Automotive Camera Market, By Vehicle Type- Revenue and Forecast to 2028 (US$ Million)
Table 6. South Africa: Automotive Camera Market, By Level of Autonomy - Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia: Automotive Camera Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: Automotive Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia: Automotive Camera Market, By Vehicle Type- Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia: Automotive Camera Market, By Level of Autonomy - Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE: Automotive Camera Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. UAE: Automotive Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 13. UAE: Automotive Camera Market, By Vehicle Type- Revenue and Forecast to 2028 (US$ Million)
Table 14. UAE: Automotive Camera Market, By Level of Autonomy - Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of MEA: Automotive Camera Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of MEA: Automotive Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of MEA: Automotive Camera Market, By Vehicle Type- Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of MEA: Automotive Camera Market, By Level of Autonomy - Revenue and Forecast to 2028 (US$ Million)
Table 19. Glossary of Terms, MEA Automotive Camera Market
LIST OF FIGURES
Figure 1. MEA Automotive Camera Market Segmentation
Figure 2. MEA Automotive Camera Market Segmentation - Country
Figure 3. MEA Automotive Camera Market Overview
Figure 4. MEA Automotive Camera Market, By Application
Figure 5. MEA Automotive Camera Market, By Type
Figure 6. MEA Automotive Camera Market, By Country
Figure 7. MEA: PEST Analysis
Figure 8. MEA Automotive Camera Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. MEA Automotive Camera Market: Impact Analysis of Drivers and Restraints
Figure 11. MEA Automotive Camera Market, Forecast and Analysis (US$ Million)
Figure 12. MEA Automotive Camera Market Revenue Share, By Application (2021 and 2028)
Figure 13. MEA PARK ASSIST: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA ADAS: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. MEA Automotive Camera Market Revenue Share, By Type (2021 and 2028)
Figure 16. MEA Mono Camera: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Surround View Camera: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Rear View Camera: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Automotive Camera Market Revenue Share, By Vehicle Type (2021 and 2028)
Figure 20. MEA Passenger Cars: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. MEA Commercial Vehicle: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Automotive Camera Market Revenue Share, By Level of Autonomy (2021 and 2028)
Figure 23. MEA L1: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA L2: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. MEA L3: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. MEA Others: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. MEA: Automotive Camera Market, by Key Country - Revenue (2021) (US$ Million)
Figure 28. MEA: Automotive Camera Market Revenue Share, by Key Country (2021 & 2028)
Figure 29. South Africa: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Saudi Arabia: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. UAE: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of MEA: Automotive Camera Market - Revenue and Forecast to 2028 (US$ Million)
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