UAE Automotive Sensors Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

UAE Automotive Sensors Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The UAE Automotive Sensors Market is expected to register a CAGR of more than 6 % during the forecast period, 2020-2025.

Key Highlights

• The automotive sensors market is growing rapidly due to the energy efficiency, low cost, compact size, and bulk manufacturing capability offered by sensors. UAE is the leading research and development hub for technologies utilizing micro and nanotechnology, especially in the Middle East. As a result, the sensor industry is creating various opportunities for smarter automotive applications.
• Growth in sensors is largely driven by the development and adoption of autonomous driving, requiring advanced software functionality. For instance, object detection, path planning, and increased functional safety, such as LiDAR, are increasing in passenger cars. Also, pressure sensors remain as the integral part of engine and safety.

Key Market TrendsCommercial Vehicles Pushing the Demand for Automotive Sensor

UAE sees a significant boom in the construction and transportation sector. This has resulted in the demand for heavy commercial vehicles. As a result, many truck fleet owners and operators invest in performance upgrades to improve fuel efficiency and driving comfort.

Commercial vehicles are increasingly adopting features such as autonomous braking systems, lane-keeping assist, and adaptive cruise control systems. In UAE, trucks are anticipated to utilize ADAS and connectivity technology to commercialize in the construction and transport space, which will increase ADAS penetration of sensors automotive industry.

For instance, Bosch developed its Multi-Mode Radar technology (MMR system), hidden behind the bumper to detect blind spots and lessen the threat of accidents during lane changing. The technology is becoming a standard for many Bosch equipped cars sold in UAE. Rear-end radar sensors developed by Robert Bosch LLC make drivers much more aware of adjacent vehicles and lessens the threat of accidents caused by lane changing. Frequent lane changing is one of the top causes of accidents in the UAE, while unable to detect blind spots has resulted in almost half the number of road accidents in Dubai.

Autonomous Driving will Drive the Demand for Sensors Market in UAE

With the emergence of advanced sensors for connected and autonomous infrastructure, more sensors are used in an ADAS and automated driving to provide more significant information about a vehicle's surroundings. Smart vehicles and luxury cars will also drive the demand for automotive sensors. The increasing penetration of electric vehicles is even driving the sales of automotive sensors.

There will be sophisticated demand software required to process and interpret real-time sensor data. Sensor technology is currently adopted in vehicle safety and control. However, sensors are increasingly being integrated into automotive control systems to achieve performance optimization.

The development of new applications for technologies that utilize nano and micro technology will help UAE’s automotive sensor market grow. Increased R&D in the sensor industry is creating opportunities for technological advancements that open up new horizons for sensor applications.

However, there is need for affordable autonomous vehicle sensor as well. LiDAR and radar sensors are two of the commonly used in automotive industry. But both the sensors are involved in a price war to introduce the more affordable product. LiDAR sensors were the most preferred for advanced driver assistance systems, but the development of cheaper radar sensors is expected to offset their sales.

Competitive Landscape

The UAE Automotive Sensors Market is dominated with various international and regional players such as Denso Corporation, Infineon Technologies and Bosch. Although to have the edge over its competitors, the major automotive sensors manufacturing companies are making joint-ventures, partnerships to launch newer products.

In October 2019, Roads and Transport Authority (RTA) had installed sensors on Al Hatta Road to send out an alert in case of an overweight heavy vehicle. UAE is planning to set up smart sensors that will be able to inform authorities if a heavy vehicle on the road is overloaded or creating a safety hazard.

In 2020, Hella announced the launch of its latest 77 GHz radar technology. Series production of these radar sensors will commence in 2020, and initially, manufacturers of trucks and buses will be supplied. Hella claims that the market launch of the technology will occur within the framework of strategic cooperation with ZF.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

IBM Corporation
Oracle Corporation
Internap Corporation
Packet Inc. (An Equinix Inc. Company)
Scaleway Inc.
Amazon Web Services Inc
Rackspace Inc.
CenturyLink, Inc.
LightEdge Solutions, Inc

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.