Saudi Arabia Advanced Driving Assistance Systems (ADAS) Market (2022-2028) | Forecast, Analysis, Revenue, Size, Share, Trends, Value, Outlook, Growth, Industry, Segmentation & COVID-19 IMPACT

Market Forecast By Product Types (Adaptive Cruise Control, Blindspot Detection, Park Assist, Autonomous Emergency Braking, Intelligent Headlights & Others), By Sensor Types (LiDAR, RADAR, Camera, Ultrasonic), By Products (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), By Regions (Northern, Western, Eastern, Southern) And Competitive Landscape

Product Code: ETC4377760 Publication Date: Nov 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Saudi Arabia Advanced Driving Assistance Systems Market Synopsis

The Saudi Arabia advanced driving assistance systems (ADAS) market is expected to grow over the forecast period, owing to rising demand from various sectors such as transportation, utilities, and defense. The Saudi Arabia ADAS market is witnessing an increase in adoption by Tier 1 and Tier 2 OEMs due to the increasing implementation of autonomous vehicles in various applications such as freight logistics, taxiing, and ride hailing. The government’s focus on promoting the use of autonomous vehicles is also expected to drive the growth of the Saudi Arabia ADAS market. The Saudi Arabia advanced driving assistance systems market is a part of Middle East advanced driving assistance systems market and global advanced driving assistance systems market.

According to 6Wresearch, the Saudi Arabia advanced driving assistance systems market size is likely to witness growth during 2022-28. The growth of ADAS is driven by various factors, including: increasing awareness of the benefits of such systems among consumers; increased demand for safer vehicles; government initiatives aimed at improving road safety; and rising costs associated with automotive technology. Additionally, advanced driving assistance systems (ADAS) are safety features that can be installed in a vehicle to improve its performance and help drivers stay safe on the road. ADAS can make driving more comfortable, efficient and convenient for drivers. In Saudi Arabia, ADAS is still in its early developmental stages, with limited adoption by manufacturers and consumers. However, the market for ADAS is expected to grow rapidly in the near future as more vehicles are sold in the country and as regulations governing safety on the roads continue to evolve.

Market Analysis By Product Type

In terms of product type, the market is categorized into adaptive cruise control, blind spot detection, park assist, autonomous emergency braking, intelligent headlights and others. Currently, the park assist account for the highest market share. Additionally, some of the key drivers driving the Saudi Arabia advanced driving assistance systems market include increasing vehicular incidents and fatalities due to road accidents, increasing demand for autonomous vehicles, and rising government expenditure on transportation infrastructure. Some of the key opportunities in this market include developing new applications for advanced driving assistance systems, expanding into new geographies, and partnerships with other businesses.

Market Analysis By Regulatory Framework

The Saudi Arabia advanced driving assistance systems market is anticipated to witness growth owing to the rising trend of road safety and the increasing demand for efficient and safer driving. The market is also benefitting from government initiatives such as the National Program for Road Safety (NPERS) and Vision 2030, which are aimed at enhancing the quality of life by making transportation more affordable and accessible. Additionally, government policies aimed at encouraging motorists to adopt more comfortable cars with advanced safety features will also drive sales of ADAS in Saudi Arabia over the next few years.

COVID-19 Influence on the Saudi Arabia Advanced Driving Assistance Systems Market

The manifestation of Covid-19 pandemic has caused a slowdown in the automotive market. Nevertheless, the market has convalesced progressively in recent years. Additionally, the market for ADAS is currently constrained by a lack of awareness among consumers about such systems and their benefits. Further, high costs associated with automotive technology may limit the uptake of these systems by customers. Moreover, one key challenge for players in the Saudi Arabia Advanced Driving Assistance Systems market is the lack of infrastructure. There are only a few road networks in the country and they are not well maintained. This makes it difficult for companies to establish a presence in the market and make significant profits.

Key Attractiveness of the Report

  • COVID-19 Influence on the Market
  • 8 Years of Market Numbers
  • Historical Numbers from 2018 to 2021.
  • Base Year: 2021
  • Forecast Data Until 2028
  • Key Performance Indicators Influencing the Market.
  • Key Upcoming Developments and Projects.

Key Highlights of the Report

  • Saudi Arabia Advanced Driving Assistance Systems Market Overview
  • Saudi Arabia Advanced Driving Assistance Systems Market Outlook
  • Saudi Arabia Advanced Driving Assistance Systems Market Forecast
  • Forecast of Saudi Arabia Advanced Driving Assistance Systems Market Revenues, for the Period 2021-2028F
  • Forecast of Saudi Arabia Advanced Driving Assistance Market Revenues, By Product Types, for the Period 2021-2028F
  • Forecast of Saudi Arabia Advanced Driving Assistance Market Revenues, By Sensor Types, for the Period 2021-2028F
  • Forecast of Saudi Arabia Advanced Driving Assistance Market Revenues, By Vehicle Types, for the Period 2021-2028F
  • Forecast of Saudi Arabia Advanced Driving Assistance Market Revenues, By Regions, for the Period 2021-2028F
  • Saudi Arabia Advanced Driving Assistance Market Share, By Market Players
  • Market Drivers and Restraints
  • Saudi Arabia Advanced Driving Assistance Market Trends
  • Competitive Benchmarking
  • Key Strategic Recommendations

Markets Scope and Segmentation

The report delivers a widespread study of the subsequent market segments:

By Product Types

  • Adaptive Cruise Control
  • Blind spot Detection
  • Park Assist
  • Autonomous Emergency Braking
  • Intelligent Headlights
  • Others

By Sensor Types

  • LiDAR
  • RADAR
  • Camera
  • Ultrasonic

By Vehicle

  • Passenger Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial vehicles

By Regions

  • Northern
  • Western
  • Eastern
  • Southern
Frequently Enquired Queries Regarding the Market Study: FAQs

1). Does the report include the impression of COVID-19?

The report not only has considered COVID-19 impact but also current market dynamics, trends, and KPIs into consideration.

2). Which product type accounts for the maximum market share in the Saudi Arabia Advanced     Driving Assistance Systems Market?

By product types, park assist systems accounted for the highest share owing to their higher cost arising from numerous sensors that are required for the functioning of the system.

3). Which segment is exhibited to gain traction over the forecast period?

By sensor types, camera sensors acquired the highest market revenue share in Saudi Arabia advanced driving assistance systems market owing to their multi-utility advantage.

4). What are the critical factors which are increasing the market demand?                                                

The growth of the market is attributed to increasing demand for safety and security features in vehicles, increasing government regulations, and increased adoption of ADAS across various vehicle segments.

5). What are the major challenges in the Saudi Arabia advanced driving assistance systems Market? 

Some of the major challenges are lack of awareness among consumers. This can be due to concerns about safety and privacy, as well as doubts about whether the technology is effective. Additionally, there are limited options for deploying ADAS systems in vehicles, which has led to slow adoption rates.

6). Is customization available in the market study?

Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements.

7). We also want to have market reports for other countries/regions.

6Wresearch has a database of more than 60 countries globally, which can make us your first choice of all your research needs.

1. Executive Summary

2. Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope and Segmentation

2.4 Research Methodology

2.5 Assumptions

3. Saudi Arabia Advanced Driving Assistance Systems Market Overview

3.1 Saudi Arabia Advanced Driving Assistance Systems Market Revenues (2021-2028F)

3.2 Saudi Arabia Advanced Driving Assistance Systems Market Industry Life Cycle

3.3 Saudi Arabia Advanced Driving Assistance Systems Market Porter’s Five Forces Model

3.4 Saudi Arabia Advanced Driving Assistance Systems Market Revenue Share, By Product Types (2021 & 2028F)

3.5 Saudi Arabia Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types (2021 & 2028F)

3.6 Saudi Arabia Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types (2021 & 2028F)

3.7 Saudi Arabia Advanced Driving Assistance Systems Market Revenue Share, By Regions (2021 & 2028F)

4. Impact Analysis of COVID-19 on Saudi Arabia Advanced Driving Assistance Systems Market

5. Saudi Arabia Advanced Driving Assistance Systems Market Dynamics

5.1 Impact Analysis

5.2 Market Drivers

5.3 Market Restraints

6. Saudi Arabia Advanced Driving Assistance Systems Market Trends & Evolution

7. Saudi Arabia Advanced Driving Assistance Systems Market Overview, By Product Types

7.1 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Adaptive Cruise Control (2021-2028F)

7.2 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Blindspot Detection (2021-2028F)

7.3 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Park Assist (2021-2028F)

7.4 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Autonomous Emergency Breaking (2021-2028F)

7.5 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Intelligent Headlights (2021-2028F)

7.6 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Others (2021-2028F)

8. Saudi Arabia Advanced Driving Assistance Systems Market Overview, By Sensor Types

8.1 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Light Detection and Ranging (2021-2028F)

8.2 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Radar (2021-2028F)

8.3 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Camera (2021-2028F)

8.4 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Ultrasonic (2021-2028F)

9. Saudi Arabia Advanced Driving Assistance Systems Market Overview, By Vehicle Types

9.1 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Passenger Cars (2021-2028F)

9.2 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Light Commercial Vehicles (2021-2028F)

9.3 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Heavy Commercial vehicles (2021-2028F)

10. Saudi Arabia Advanced Driving Assistance Systems Market Overview, By Regions

10.1 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Northern Region (2021-2028F)

10.2 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Western Region (2021-2028F)

10.3 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Eastern Region (2021-2028F)

10.4 Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Southern Region (2021-2028F)

11. Saudi Arabia Advanced Driving Assistance Systems Market - Key Performance Indicators

12. Saudi Arabia Advanced Driving Assistance Systems Market - Opportunity Assessment

12.1 Saudi Arabia Advanced Driving Assistance Systems Market Opportunity Assessment, By Product Types (2028F)

12.2 Saudi Arabia Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor Types (2028F)

12.3 Saudi Arabia Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions (2028F)

13. Saudi Arabia Advanced Driving Assistance Systems Market - Price Trend Analysis

14. Saudi Arabia Advanced Driving Assistance Systems Market Competitive Landscape

14.1 Saudi Arabia Advanced Driving Assistance Systems Market Revenue Ranking, By Companies (2021)

14.2 Saudi Arabia Advanced Driving Assistance Systems Market Competitive Benchmarking, By Operating Parameters

15. Company Profiles

15.1 Bosch Limited

15.2 Denso Saudi Arabia Pvt Ltd

15.3 Wabco Saudi Arabia Limited

15.4 Continental Automotive Components (Saudi Arabia) Pvt Ltd

15.5 Infineon Technologies Saudi Arabia Pvt Ltd

15.6 Hella Saudi Arabia Automotive Pvt Ltd

16. Key Strategic Recommendations

17. Disclaimer

List of Figures

Figure 1: Saudi Arabia Advanced Driving Assistance Systems Market Revenues, 2021-2028F (INR Crores)

Figure 2: Saudi Arabia Advanced Driving Assistance Systems Market Revenue Share, By Product Types, 2021 & 2028F

Figure 3: Saudi Arabia Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types, 2021 & 2028F

Figure 4: Saudi Arabia Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types, 2021 & 2028F

Figure 5: Saudi Arabia Advanced Driving Assistance Systems Market Revenue Share, By Regions, 2021 & 2028F

Figure 6: ABS and Electronic brakeforce distribution market penetration in Saudi Arabia, (units)

Figure 7: Traction control system market penetration in Saudi Arabia, (Units)

Figure 8: Electronic stability program market penetration in Saudi Arabia, (USD units)

Figure 9: Number of road accidents in Saudi Arabia, 2016-2020

Figure 10: Number of deaths per 100 road accidents in Saudi Arabia

Figure 11: Number of deaths in road accidents in Saudi Arabia

Figure 12: Highway Construction in Saudi Arabia (Kilometers)

Figure 13: Investment outlay for roads under union budget ($ billion)

Figure 14: Auto Services Market in Saudi Arabia, 2019-2026F, (USD billion)

Figure 15: Saudi Arabia automobile market growth, 2019-2026F (USD, Billion)

Figure 16: Saudi Arabia passenger cars penetration, 2019-2026F (per 1000 people)

Figure 17: Saudi Arabia Advanced Driving Assistance Systems  Market Opportunity Assessment, By Product types, 2028F

Figure 18: Saudi Arabia Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor types, 2028F

Figure 19: Saudi Arabia Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions, 2028F

Figure 20: Saudi Arabia Advanced driving assistance systems market revenue rankings, By Company

List of Tables

Table 1: Autonomous vehicle readiness Index, 2020

Table 2: Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Product Types, 2021-2028F (INR Crores)

Table 3: Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Sensor Types, 2021-2028F (INR Crores)

Table 4: Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Vehicle Types, 2021-2028F (INR Crores)

Table 5: Saudi Arabia Advanced Driving Assistance Systems Market Revenues, By Regions, 2021-2028F (INR Crores)

 

 

 
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