Saudi Arabia Advanced Driver Assistance System Market Size & Outlook
Saudi Arabia advanced driver assistance system market, 2018-2030 (US$M)
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Saudi Arabia advanced driver assistance system market highlights
- The Saudi Arabia advanced driver assistance system market generated a revenue of USD 187.1 million in 2023 and is expected to reach USD 345.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, passenger vehicle was the largest revenue generating vehicle type in 2023.
- Commerical Vehicle is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
Advanced driver assistance system market data book summary
| Market revenue in 2023 | USD 187.1 million |
| Market revenue in 2030 | USD 345.2 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Passenger vehicle |
| Fastest growing segment | Commerical Vehicle |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passenger Vehicle, Commerical Vehicle |
| Key market players worldwide | Intel Corp, Autoliv Inc, Denso Corp, Continental AG, Garmin Ltd, Infineon Technologies AG, Magna International Inc, Mobileye Global Inc Ordinary Shares - Class A, Robert Bosch Engineering & Business Solutions, Valeo SA |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.6% of the global advanced driver assistance system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia advanced driver assistance system market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 178.5 million by 2030.
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Advanced Driver Assistance System Market Scope
Advanced Driver Assistance System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia advanced driver assistance system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced driver assistance system market will help companies and investors design strategic landscapes.
Passenger vehicle was the largest segment with a revenue share of 94.01% in 2023. Horizon Databook has segmented the Saudi Arabia advanced driver assistance system market based on passenger vehicle, commerical vehicle covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Advanced Driver Assistance System Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Passenger Vehicle
- Commerical Vehicle
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia advanced driver assistance system market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia advanced driver assistance system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia advanced driver assistance system market size, by vehicle type, 2018-2030 (US$M)
Saudi Arabia Advanced Driver Assistance System Market Outlook Share, 2023 & 2030 (US$M)
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