Decline in the sensor price and growing popularity of autonomous vehicles is expected to drive the demand of UAE Automotive Sensors Market in the forecast period, 2023-2027.
According to TechSci Research report, “UAE Automotive Sensors Market By Region, Competition Forecast & Opportunities, 2027”, the UAE automotive sensors market is expected to witness steady growth in the forecast period, 2023-2027. Sensors are considered an essential part of automobiles to support the safe, comfortable, and economic operation of vehicles. The automotive applications face extreme conditions like hot, cold, or continuous vibration in vehicles and create the demand for the development of advanced and reliable automotive sensors. Automotive manufacturers are actively using the automotive sensors in the vehicles to provide several functions in vehicles, such as the integration of autonomous emergency braking systems in commercial vehicles to boost the safety and security of the consumers. There is an increase in demand for intelligent sensors in vehicles which allows automotive manufacturers to provide drivers with a high level of security and information and entertainment features in automobiles.
However, concerns regarding cybersecurity risks in autonomous vehicles and the high cost of automotive sensors may restrain the UAE automotive sensors market growth in the forecast period.
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The UAE automotive sensors market is segmented into sensor type, vehicle type, application, technology, regional distribution, and competitive landscape.
Based on sensor type, the market is divided into temperature sensor, pressure sensor, oxygen sensor, position sensor, motion sensor, torque sensor, optical sensor, others. The position sensor segment is expected to capture the largest market share in the forecast period. The growing popularity of autonomous vehicles and autopilot applications in vehicles are expected to influence the market demand. Position sensors are actively installed in automobiles as they have become integral parts of automobiles to ensure the functioning and safety of all vehicle components. Also, the rise in focus of consumers for better comfort and safety and the improved standard of living makes the consumers invest in advanced technologies in passenger cars and commercial vehicles.
Based on vehicle type, the market is bifurcated into passenger cars and commercial vehicles. The commercial vehicles segment is expected to account for a significant market share in the forecast period due to the ongoing developments in the transportation and logistics industry. The government is launching plans and projects aiming to spur infrastructure development and construction activities in UAE, which is expected to boost the demand for commercial vehicles in the country. The growing usage of online sales channels by the consumers owing to high internet penetration and proliferation of smart devices are expected to contribute to the segment growth.
Based on application, the market is divided into ADAS, chassis, powertrain, others. The powertrain segment is dominating the market and is expected to maintain its dominance throughout the forecast period. The powertrain uses several kinds of sensors, including the position, pressure, gas, speed, and temperature sensors. These sensors are required to ensure the efficient performance of the vehicles. Also, the stringent emission regulations and the high demand for fuel-efficient vehicles are expected to accelerate the adoption of automotive sensors in the powertrain.
Major market players operating in the UAE automotive sensors market are:
- Robert Bosch GmbH
- Infineon Technologies AG
- Continental AG
- Denso Corporation
- BorgWarner Inc. (Delphi Technology)
- CTS Corporation
- Hitachi Automotive Systems
- Sensata Technologies
- Aleph Automotive Sensors
- Maxim Integrated
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“UAE boasts of one of the best road infrastructures and witnesses many road accidents due to the presence of 6 lane roads and vehicles driving at high speeds. The government has implemented stringent road safety regulations to lower the occurrence of road accidents and ensure the safety of passengers. The launch of ‘SCOOT’ by the government is a type of central traffic control system that uses sensors to control vehicles flow to regulate the traffic flow at main junctions. Automakers use sensors to reduce the collision between vehicles and provide driver assistance systems in automobiles. The growing road safety awareness among consumers is fueling the demand for luxury and premium vehicles, which is expected to propel the UAE automotive sensor market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“UAE Automotive Sensors Market By Sensor Type (Temperature Sensor, Pressure Sensor, Oxygen Sensor, Position Sensor, Motion Sensor, Torque Sensor, Optical Sensor, Others), By Vehicle Type (Passenger Car, Commercial Vehicle), By Application (ADAS, Chassis, Powertrain, Others), By Technology (MEMS, Non-MEMS), By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of UAE automotive sensors market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE automotive sensors market.
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