According to Goldstein Research, Middle East self-driving vehicles market is expected to reach 1 million units by 2035, growing at a CAGR of 55%. The numerous benefits of autonomous vehicles over traditional vehicles in terms of road safety and environmental concerns and futuristic vision of government in Middle East region are the factors driving the growth of self-driving vehicles market. Middle East self-driving vehicles market segmentation has beendoneon the basis of technology, vehicle type, components and geography. Major automobile manufacturers are expected to invest in Middle East self-driving vehicles market as the region is quickly adapting the technologies such as IoT that widens the opportunities for investors. Middle East self-driving vehicles market is expected to be dominated by Abu-Dhabi and Saudi Arabia, for the favorable government policies to boost the autonomous vehicles projects.
Market Segmentation
On the basis of our in-depth analysis, Middle East Self Driving Vehicles Market can be segmented as follows:
• By Technology
o Driver Assistance
o Semi-Autonomous
o High Autonomous
o Full Automation
• By Vehicle Type
o Passenger Vehicless
o Commercial Vehicles
• By Components
o Software
o Applications
o Operating systems
o Hardware
o Cameras
o GPS systems
o Communication Systems
o Sensors
• On the basis of region
o U.A.E {Market Size, Growth Analysis and Opportunity Analysis}
o Saudi Arabia {Market Size, Growth Analysis and Opportunity Analysis}
o Kuwait {Market Size, Growth Analysis and Opportunity Analysis}
o Qatar {Market Size, Growth Analysis and Opportunity Analysis}
o Turkey {Market Size, Growth Analysis and Opportunity Analysis}
o Egypt {Market Size, Growth Analysis and Opportunity Analysis}
o Rest of Middle East {Market Size, Growth Analysis and Opportunity Analysis}
“Middle East Self Driving VehiclesIndustry Analysis” contains detailed overview of the Middle East self-driving vehicles market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology, vehicle type and components.
Further, for the in-depth analysis, Middle East Self Driving Vehicles Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asTesla, Audi AG, Daimler AG, Ford Motors Company, Toyota Motors Company, VOLVO, Denso Corporation, BMW AG, Waymo LLC, Uber, Google,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the Middle Eastself-driving vehicles market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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