Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), By Type (Temperature, NOx, Speed, Inertial, Image, Pressure, Position, Oxygen), By Applications (Powertrain, Safety and control, Telematics) And Competitive Landscape
Product Code: ETC080366 | Publication Date: Aug 2021 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
The Middle East Electric Vehicle Sensors Market report thoroughly covers the market by type (temperature, nox, speed, inertial, image, pressure, position, oxygen), by applications (Powertrain, safety and control, telematics) and by countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey). The report provides an unbiased and detailed analysis of the on-going 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 electric vehicle sensors industry is growing at a rapid pace. With an increasing concern about climate change and rising fuel prices, electric vehicles (EVs) are becoming increasingly popular around the world. The Middle East is no exception, with several countries in the region promoting the adoption of EVs. The Middle East electric vehicle sensors market has a promising future due to the growing demand for EVs, government initiatives to support the growth of the EV market, and advancements in sensor technology. Additionally, the Middle East electric vehicle sensors market is expected to grow significantly in the coming years due to the increasing demand for electric vehicles in the region. The market includes several types of sensors such as temperature sensors, speed sensors, position sensors, and others. The temperature sensors segment is expected to hold a significant share of the market due to the need to monitor battery temperature to optimize performance and extend battery life. Moreover, one of the major hurdles for the widespread adoption of EVs in the Middle East is the lack of adequate charging infrastructure. Further, the EV sensors market is evolving rapidly, and Middle Eastern countries like the United Arab Emirates (UAE) have already initiated policies to create an EV-friendly environment. For instance, the UAE has commenced a significant program called 'Charge in Time,' which is a network of over 200 charging stations and is set to expand further. In Saudi Arabia, a partnership between Enel X and the Arab Petroleum Investments Corporation (APICORP) aims to deploy over 300 public charging stations in the country.
According to 6Wresearch, Middle East Electric Vehicle Sensors Market size is projected to grow at a CAGR of 25% during 2025-2031. Several factors are driving the growth of the Middle East electric vehicle sensors market. The increasing demand for electric vehicles, especially in urban areas, is a significant driver of market growth. Electric vehicles offer a cleaner, more sustainable mode of transportation that is becoming increasingly appealing to consumers. Additionally, advancements in sensor technology are making EVs more efficient and reliable, further promoting their adoption. Further, several Middle East countries are making efforts to reduce their dependence on fossil fuels and promote the adoption of electric vehicles. The government initiatives have been a significant driver of growth for the electric vehicle market in the region. For instance, the UAE has set a target of increasing the number of electric vehicles on the road by 10% by 2020. Additionally, Saudi Arabia has announced plans to increase the use of electric and hybrid vehicles in the country to reduce fuel consumption and carbon emissions.
One of the most significant measures taken by governments in the Middle East to promote the adoption of electric vehicles is the introduction of incentives to reduce the cost of electric vehicles and encourage consumers to switch to eco-friendly options. Governments are offering incentives such as tax exemptions, customs duty exemptions, reduced registration fees and EV-specific purchase subsidies. Such initiatives are gaining momentum in countries like UAE, Saudi Arabia and Qatar, where the government aims to attract high-tech investments. These key steps taken by the government will certainly enhance the Middle East electric vehicle sensors market revenues. Additionally, promoting public charging infrastructure is another significant step by Middle Eastern governments towards the adoption of electric vehicles. The development of the charging infrastructure involves government and private sector partnerships and initiatives. To realize sustainable mobility, governments are collaborating with private firms to establish a network of electric-vehicle charging stations in various cities. In countries such as Dubai, public chargers are being installed in various locations such as residential areas, government buildings and shopping malls.
Several key players are operating in the Middle East electric vehicle sensors market, including Robert Bosch GmbH, Continental AG, Siemens AG, and others. These companies are investing in research and development to bring advanced sensor technologies to the market. Other players in the market include leading automobile manufacturers such as Tesla, Nissan, and Hyundai. Furthermore, some of the key companies occupy substantial Middle East Electric Vehicle Sensors Market share.
According to Ravi Bhandari, Research Head, 6Wresearch, the use of electric vehicle sensors is more critical than ever for advanced vehicle performance, safety, and environmental regulations. Currently, the speed sensors hold the majority of the market share. The electric vehicle speed sensors control the propulsion system's speed and direction. These sensors detect vehicle speed or motor speed and determine the vehicle's exact orientation. Speed sensors increase electric vehicle safety, especially with advanced autonomous vehicles that require proper braking, acceleration, and steering adjustments. Further, the temperature sensors are also gaining popularity. These electric vehicle sensors measure battery temperatures and keep them at stable temperatures, preventing them from overheating or freezing. Temperature sensors ensure the safety and longevity of battery performance. In Middle East electric vehicle categories, temperature sensors are essential due to the high temperature in the region. The temperature sensors keep the batteries safe and cool while driving under scorching temperatures.
The key performing countries in the Middle East electric vehicle sensors market are the UAE, Israel, Saudi Arabia, and Turkey, among others. The UAE is the largest electric vehicle market in the Middle East, with over 25,000 electric vehicles on its roads as of 2020. Additionally, the country grasps enormous UAE Electric Vehicle Sensors Market share. Moreover, the country aims to have electric vehicles constitute 10% of the total number of cars in the country by 2030. Israel ranks second in the region, where the country has been at the forefront of electric vehicle deployment for many years. Israeli-based firm Mobileye, a leader in autonomous vehicle technology, has been a significant player in the industry, collaborating with OEMs and government bodies to advance electric mobility in the country. Further, the Saudi Arabia is another country that is giving significant attention to the electric vehicle industry. The government has set an ambitious goal of installing 80,000 electric vehicle chargers and seeing electric vehicles making up 5% of new sales by 2025. The country has also launched an electric vehicle car-sharing service in Riyadh and Jeddah to encourage people to shift to electric mobility. Turkey has also been making strides in the electric vehicle industry, and the government has recently implemented measures to support electric mobility adoption, aiming to reduce the country's dependence on foreign oil.
Key attractiveness of the report
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East Electric Vehicle Sensors Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Electric Vehicle Sensors Market Revenues & Volume, 2021 & 2031F |
3.3 Middle East Electric Vehicle Sensors Market - Industry Life Cycle |
3.4 Middle East Electric Vehicle Sensors Market - Porter's Five Forces |
3.5 Middle East Electric Vehicle Sensors Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Middle East Electric Vehicle Sensors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Middle East Electric Vehicle Sensors Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Middle East Electric Vehicle Sensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Electric Vehicle Sensors Market Trends |
6 Saudi Arabia Electric Vehicle Sensors Market, 2021 - 2031 |
6.1.1 Saudi Arabia Electric Vehicle Sensors Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.2 Saudi Arabia Electric Vehicle Sensors Market, Revenues & Volume, By Applications, 2021 - 2031 |
7 UAE Electric Vehicle Sensors Market, 2021 - 2031 |
7.1 UAE Electric Vehicle Sensors Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 UAE Electric Vehicle Sensors Market, Revenues & Volume, By Applications, 2021 - 2031 |
8 Qatar Electric Vehicle Sensors Market, 2021 - 2031 |
8.1 Qatar Electric Vehicle Sensors Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 Qatar Electric Vehicle Sensors Market, Revenues & Volume, By Applications, 2021 - 2031 |
9 Kuwait Electric Vehicle Sensors Market, 2021 - 2031 |
9.1 Kuwait Electric Vehicle Sensors Market, Revenues & Volume, By Type, 2021 - 2031 |
9.2 Kuwait Electric Vehicle Sensors Market, Revenues & Volume, By Applications, 2021 - 2031 |
10 Oman Electric Vehicle Sensors Market, 2021 - 2031 |
10.1 Oman Electric Vehicle Sensors Market, Revenues & Volume, By Type, 2021 - 2031 |
10.2 Oman Electric Vehicle Sensors Market, Revenues & Volume, By Applications, 2021 - 2031 |
11 Bahrain Electric Vehicle Sensors Market, 2021 - 2031 |
11.1 Bahrain Electric Vehicle Sensors Market, Revenues & Volume, By Type, 2021 - 2031 |
11.2 Bahrain Electric Vehicle Sensors Market, Revenues & Volume, By Applications, 2021 - 2031 |
12 Turkey Electric Vehicle Sensors Market, 2021 - 2031 |
12.1 Turkey Electric Vehicle Sensors Market, Revenues & Volume, By Type, 2021 - 2031 |
12.2 Turkey Electric Vehicle Sensors Market, Revenues & Volume, By Applications, 2021 - 2031 |
13 Rest of Middle East Electric Vehicle Sensors Market, 2021 - 2031 |
13.1 Rest of Middle East Electric Vehicle Sensors Market, Revenues & Volume, By Type, 2021 - 2031 |
13.2 Rest of Middle East Electric Vehicle Sensors Market, Revenues & Volume, By Applications, 2021 - 2031 |
14 Middle East Electric Vehicle Sensors Market Key Performance Indicators |
15 Middle East Electric Vehicle Sensors Market - Opportunity Assessment |
15.1 Middle East Electric Vehicle Sensors Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Middle East Electric Vehicle Sensors Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Middle East Electric Vehicle Sensors Market Opportunity Assessment, By Applications, 2021 & 2031F |
16 Middle East Electric Vehicle Sensors Market - Competitive Landscape |
16.1 Middle East Electric Vehicle Sensors Market Revenue Share, By Companies, 2024 |
16.2 Middle East Electric Vehicle Sensors Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |