Market Forecast By Sub-Systems (Sensors, Electric Control Unit, Hydraulic Unit And Others), By Vehicles (Two-wheeler, Passenger Cars, Commercial Vehicles), By Countries (Saudi Arabia, United Arab Emirates, Turkey, Kuwait, Oman, Qatar, Bahrain, South Africa, Egypt, Nigeria And Rest of Middle East and Africa) And Competitive Landscape.
Product Code: ETC001507 | Publication Date: Jan 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Middle East And Africa (MEA) Anti-Lock Braking System Market |
Forecast Period | 2025-2031 |
CAGR | 8% |
Growing Sector | Automotive |
The Middle East And Africa (MEA) Anti-Lock Braking System Market report thoroughly covers the market by Sub-Systems, Vehicles, and Countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Middle East And Africa (MEA) Anti-Lock Braking System Market is expected to grow significantly between 2024-2030. This growth is driven by increasing government regulations and rising consumer awareness of vehicle safety. Anti-Lock Braking System helps prevent wheels from locking up during sudden braking, allowing drivers to maintain control of their vehicles.
According to 6Wresearch, the Middle East And Africa (MEA) Anti-Lock Braking System Market size is expected to grow at a significant CAGR of 8% during 2025-2031. This growth of the market is driven by several factors such as increased production of vehicles, rising demand for safety features, and government regulations mandating the installation of ABS in vehicles. The growing awareness of road safety and the need to prevent accidents are also major drivers of this market. Moreover, the rising disposable income in developing countries of the MEA region has led to an increase in consumer spending on high-end vehicles that come equipped with advanced safety features like ABS. This trend is further fueling the growth of the MEA anti-lock braking system market.
However, the high cost associated with ABS technology and the lack of standardization in safety regulations pose major challenges for the growth of this market. Additionally, the presence of counterfeit products in some countries also hinders the growth of genuine anti-lock braking systems in MEA.
One of the major players in the Middle East and Africa (MEA) Anti-Lock Braking System market is Bosch, a German multinational engineering and technology company. Bosch offers a wide range of advanced anti-lock braking systems that are reliable and efficient. Another leading player in the region is Continental AG, a German automotive manufacturing company. Continental AG provides high-quality anti-lock braking systems that have gained popularity in the MEA market. ZF Friedrichshafen AG, a German multinational automotive parts maker, is also a prominent player in the market.
The Middle East and Africa region has been implementing various government initiatives to promote road safety, which has led to an increased demand for anti-lock braking systems. In Saudi Arabia, the government has implemented strict regulations mandating the installation of ABS in all new vehicles. This initiative aims to reduce road accidents and fatalities caused by skidding or loss of control during braking. Similarly, South Africa has also implemented regulations requiring all new vehicles to be equipped with ABS. In addition, the South African Bureau of Standards has set strict standards and testing procedures for ABS to ensure their effectiveness and reliability.
The Middle East and Africa (MEA) Anti-Lock Braking System market is expected to witness significant growth in the coming years due to factors such as increasing vehicle sales, rising awareness about road safety, and technological advancements in anti-lock braking systems. The market is also expected to benefit from the growing demand for luxury and premium vehicles in the region. Moreover, as governments continue to implement stricter regulations regarding road safety, the demand for ABS is likely to increase. Additionally, advancements in technology such as electronic stability control and brake assist systems are expected to further drive the growth of the market.
According to Ravi Bhandari, Research Head, 6Wresearch, the Sensors sub-system segment is expected to dominate the MEA Anti-Lock Braking System market in terms of growth. This can be attributed to the increasing adoption of advanced sensors in vehicles for improved safety features.
In terms of Vehicles, Passenger Cars are projected to hold a significant share of the MEA market. The rise in disposable income and demand for luxury vehicles with advanced safety features are driving the growth of this segment.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Middle East and Africa Anti-lock Braking System Market Overview |
3.1 Middle East and Africa Country Indicators |
3.2 Middle East and Africa Anti-lock Braking System Market Revenues and Volume 2021-2031F |
3.3 Middle East and Africa Anti-lock Braking System Market Revenue Share, By Sub-Systems, 2021-2031F |
3.4 Middle East and Africa Anti-lock Braking System Market Revenue Share, By Vehicles, 2021-2031F |
3.5 Middle East and Africa Anti-lock Braking System Market Revenue Share, By Regions, 2021-2031F |
3.6 Middle East and Africa Anti-lock Braking System Market - Industry Life Cycle |
3.7 Middle East and Africa Anti-lock Braking System Market - Porter’s Five Forces |
4. Middle East and Africa Anti-lock Braking System Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Middle East and Africa Anti-lock Braking System Market Trends |
6. Middle East and Africa Anti-lock Braking System Market Overview, By Sub-Systems |
6.1 Middle East and Africa Anti-lock Braking System Market Revenues and Volume, By Sensors, 2021-2031F |
6.2 Middle East and Africa Anti-lock Braking System Market Revenues and Volume, By Electronic Control Unit, 2021-2031F |
6.3 Middle East and Africa Anti-lock Braking System Market Revenues and Volume, By Hydraulic Unit, 2021-2031F |
6.4 Middle East and Africa Anti-lock Braking System Market Revenues and Volume, By Others, 2021-2031F |
7. Middle East and Africa Anti-lock Braking System Market Overview, By Vehicles |
7.1 Middle East and Africa Anti-lock Braking System Market Revenues and Volume, By Two Wheelers, 2021-2031F |
7.2 Middle East and Africa Anti-lock Braking System Market Revenues and Volume, By Passenger Cars, 2021-2031F |
7.3 Middle East and Africa Anti-lock Braking System Market Revenues and Volume, By Commercial Vehicles, 2021-2031F |
8. Nigeria Anti-lock Braking System Market Overview |
8.1 Nigeria Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
8.2 Nigeria Anti-lock Braking System Market Revenues and Volume, By Sub-Systems, 2021-2031F |
8.3 Nigeria Anti-lock Braking System Market Revenues and Volume, By Vehicles, 2021-2031F |
9. UAE Anti-lock Braking System Market Overview |
9.1 UAE Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
9.2 UAE Anti-lock Braking System Market Revenues and Volume, By Sub-Systems, 2021-2031F |
9.3 UAE Anti-lock Braking System Market Revenues and Volume, By Vehicles, 2021-2031F |
10. Saudi Arabia Anti-lock Braking System Market Overview |
10.1 Saudi Arabia Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
10.2 Saudi Arabia Anti-lock Braking System Market Revenues and Volume, By Sub-Systems, 2021-2031F |
10.3 Saudi Arabia Anti-lock Braking System Market Revenues and Volume, By Vehicles, 2021-2031F |
11. Turkey Anti-lock Braking System Market Overview |
11.1 Turkey Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
11.2 Turkey Anti-lock Braking System Market Revenues and Volume, By Sub-Systems, 2021-2031F |
11.3 Turkey Anti-lock Braking System Market Revenues and Volume, By Vehicles, 2021-2031F |
12. Kuwait Anti-lock Braking System Market Overview |
12.1 Kuwait Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
12.2 Kuwait Anti-lock Braking System Market Revenues and Volume, By Sub-Systems, 2021-2031F |
12.3 Kuwait Anti-lock Braking System Market Revenues and Volume, By Vehicles, 2021-2031F |
13. Oman Anti-lock Braking System Market Overview |
13.1 Oman Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
13.2 Oman Anti-lock Braking System Market Revenues and Volume, By Sub-Systems, 2021-2031F |
13.3 Oman Anti-lock Braking System Market Revenues and Volume, By Vehicles, 2021-2031F |
14. Qatar Anti-lock Braking System Market Overview |
14.1 Qatar Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
14.2 Qatar Anti-lock Braking System Market Revenues and Volume, By Sub-Systems, 2021-2031F |
14.3 Qatar Anti-lock Braking System Market Revenues and Volume, By Vehicles, 2021-2031F |
15. Bahrain Anti-lock Braking System Market Overview |
15.1 Bahrain Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
15.2 Bahrain Anti-lock Braking System Market Revenues and Volume, By Sub-Systems, 2021-2031F |
15.3 Bahrain Anti-lock Braking System Market Revenues and Volume, By Vehicles, 2021-2031F |
16. South Africa Anti-lock Braking System Market Overview |
16.1 South Africa Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
16.2 South Africa Anti-lock Braking System Market Revenues and Volume, By Sub-Systems, 2021-2031F |
16.3 South Africa Anti-lock Braking System Market Revenues and Volume, By Vehicles, 2021-2031F |
17. Egypt Anti-lock Braking System Market Overview |
17.1 Egypt Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
17.2 Egypt Anti-lock Braking System Market Revenues and Volume, By Sub-Systems, 2021-2031F |
17.3 Egypt Anti-lock Braking System Market Revenues and Volume, By Vehicles, 2021-2031F |
18. Rest of Middle East and Africa Anti-lock Braking System Market Overview |
18.1 Rest of Middle East and Africa Anti-lock Braking System Market Revenues & Volume, 2021-2031F |
19. Middle East and Africa Anti-lock Braking System Market - Key Performance Indicators |
20. Middle East and Africa Anti-lock Braking System Market - Opportunity Assessment |
20.1 Middle East and Africa Anti-lock Braking System Market Opportunity Assessment, By Sub-Systems, 2021-2031F |
20.2 Middle East and Africa Anti-lock Braking System Market Opportunity Assessment, By Vehicles, 2021-2031F |
21. Middle East and Africa Anti-lock Braking System Market Competitive Landscape |
21.1 Middle East and Africa Anti-lock Braking System Market Revenue Share, By Company |
21.1.1 UAE Anti-lock Braking System Market Revenue Share, By Companies, 2021-2031F |
21.1.2 Saudi Arabia Anti-lock Braking System Market Revenue Share, By Companies, 2021-2031F |
21.1.3 Turkey Anti-lock Braking System Market Revenue Share, By Companies, 2021-2031F |
21.1.4 Kuwait Anti-lock Braking System Market Revenue Share, By Companies, 2021-2031F |
21.1.5 Oman Anti-lock Braking System Market Revenue Share, By Companies, 2021-2031F |
21.1.6 Qatar Anti-lock Braking System Market Revenue Share, By Companies, 2021-2031F |
21.1.7 Bahrain Anti-lock Braking System Market Revenue Share, By Companies, 2021-2031F |
21.1.8 South Africa Anti-lock Braking System Market Revenue Share, By Companies, 2021-2031F |
21.1.9 Egypt Anti-lock Braking System Market Revenue Share, By Companies, 2021-2031F |
21.1.10 Nigeria Anti-lock Braking System Market Revenue Share, By Companies, 2021-2031F |
21.2 Middle East and Africa Anti-lock Braking System Market Competitive Benchmarking, By Operating & Technical Parameters |
22. Company Profiles |
23. Key Recommendations |
24. Disclaimer |