In 2015, the market for advanced driver assistance systems (ADAS) in the Middle East and Africa was worth just 460 million U.S. dollars, indicating that market penetration of advanced automotive technology is low in the region. Coming from a low base, the market is fast-growing. In just four years, the market doubled to some 940 million U.S. dollars in 2019. Growth will continue to be driven by rising demand for passenger cars across the region. Most importantly, demand for upper-tier segments in the Gulf States and Israel will be most valuable for the ADAS industry.
Size of the ADAS market in the Middle East and Africa between 2015 and 2023
(in billion U.S. dollars)
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Netscribes. (December 1, 2020). Size of the ADAS market in the Middle East and Africa between 2015 and 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1198590/mea-adas-market-size/
Netscribes. "Size of the ADAS market in the Middle East and Africa between 2015 and 2023 (in billion U.S. dollars)." Chart. December 1, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1198590/mea-adas-market-size/
Netscribes. (2020). Size of the ADAS market in the Middle East and Africa between 2015 and 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1198590/mea-adas-market-size/
Netscribes. "Size of The Adas Market in The Middle East and Africa between 2015 and 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Dec 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1198590/mea-adas-market-size/
Netscribes, Size of the ADAS market in the Middle East and Africa between 2015 and 2023 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1198590/mea-adas-market-size/ (last visited November 10, 2024)
Size of the ADAS market in the Middle East and Africa between 2015 and 2023 (in billion U.S. dollars) [Graph], Netscribes, December 1, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1198590/mea-adas-market-size/
