Middle East & Africa Vehicle Anti-theft System Market Size & Outlook
The vehicle anti-theft system market in Middle East & Africa is expected to reach a projected revenue of US$ 816.0 million by 2030. A compound annual growth rate of 6.7% is expected of Middle East & Africa vehicle anti-theft system market from 2024 to 2030.
Revenue, 2023 (US$M)
$519.6
Forecast, 2030 (US$M)
$816.0
CAGR, 2024 - 2030
6.7%
Report Coverage
Middle East & Africa
Middle East & Africa vehicle anti-theft system market, 2018-2030 (US$M)
MEA vehicle anti-theft system market highlights
- The MEA vehicle anti-theft system market generated a revenue of USD 519.6 million in 2023.
- The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, steering locks was the largest revenue generating product in 2023.
- Steering Locks is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 519.6 million |
| Market revenue in 2030 | USD 816.0 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Steering locks |
| Fastest growing segment | Steering Locks |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steering Locks |
| Key market players worldwide | Valeo SA, MetaSystems, OnStar, Pit Viper, Author, Robert Bosch Engineering & Business Solutions, Denso Corp, Continental AG |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.8% of the global vehicle anti-theft system 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 8,787.0 million by 2030.
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Vehicle Anti-Theft System Market Scope
Vehicle anti-theft system market segmentation & scope
Steering Locks
Alarms
Biometric Capture Devices
Immobilizers
Remote Keyless
Entry Central Locking
Vehicle Type
Passenger Cars
Commercial Vehicles
Sales Channel
OEM
Aftermarket
Vehicle Anti-Theft System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa vehicle anti-theft system market
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