Middle East & Africa Automotive Radar Market Size & Outlook
The automotive radar market in Middle East & Africa is expected to reach a projected revenue of US$ 1,211.3 million by 2030. A compound annual growth rate of 31.4% is expected of Middle East & Africa automotive radar market from 2024 to 2030.
Revenue, 2023 (US$M)
$179.0
Forecast, 2030 (US$M)
$1,211.3
CAGR, 2024 - 2030
31.4%
Report Coverage
Middle East & Africa
Middle East & Africa automotive radar market, 2018-2030 (US$M)
MEA automotive radar market highlights
- The MEA automotive radar market generated a revenue of USD 179.0 million in 2023.
- The market is expected to grow at a CAGR of 31.4% from 2024 to 2030.
- In terms of segment, short-range radar was the largest revenue generating range in 2023.
- Short-range Radar is the most lucrative range segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 179.0 million |
| Market revenue in 2030 | USD 1,211.3 million |
| Growth rate | 31.4% (CAGR from 2023 to 2030) |
| Largest segment | Short-range radar |
| Fastest growing segment | Short-range Radar |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Short-range Radar |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.5% of the global automotive radar market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,526.3 million by 2030.
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Automotive Radar Market Scope
Automotive radar market segmentation & scope
Vehicle Type
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Frequency
2X-GHz
7X-GHz
Propulsion
ICE
Electric
Application
Adaptive Cruise Control (ACC)
Autonomous Emergency Braking (AEB)
Blind Spot Detection (BSD)
Forward Collision Warning System (FCWS)
Intelligent Parking Assistance (IPA)
Cross Traffic Alert
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
Australia
India
Japan
South Korea
Brazil
South Africa
Saudi Arabia
UAE
Automotive Radar Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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Related regional statistics
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