Middle East and Africa Automotive Semiconductor Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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Middle East and Africa Automotive Semiconductor Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Electronic system comprises the significant part in the automotive industry, the increase in the usage of semiconductors and automobiles with high reliability, smaller size and lower costs are the current trends followed by all the automotive manufacturers which are boosting up the importance of the semiconductors in the automobile industry and even more models are going to make entry to the industry with high furnished features like automatic driving and lane changing assistance, so the automotive semiconductor markets are having the most top scope of growth in the forecast period.

The Middle East and Africa Automotive Semiconductor Market Size & Growth:

The Middle East and Africa Revenue of Automotive Semiconductor market are valued at 30.51 Billion in 2018 and estimated to reach a value of 106.02 Billion in 2024 at CAGR of 25.09 %. Key points like High demand for facilities such as lane changing assistance, automatic parking and safety features, Emergence of the internet of things in automotive are accelerating the markets, and the factors like System

Middle East and Africa Automotive Semiconductor Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

failures caused by semiconductors and Increasing expenditures for the high range automotive are hindering the growth of automotive semiconductors.

The Middle East and Africa Automotive Semiconductor Market Share:

Component type By vehicle type segments the Middle East and Africa automotive semiconductor market, By fuel type, By application and By geography. By the Component type, these are segmented as sensors, power devices, lighting devices, processors, ICs, memory devices and others. By vehicle type, these are segmented as heavy commercial vehicles, light commercial vehicles, passenger vehicles and others. By fuel type, these are segmented as electric, gasoline, and diesel. By application, these are segmented by body electronics, engine, chassis, comfort/entertainment unit, safety, and others. By geography they are segmented as Saudi Arabia, UAE and others.

The Middle East and Africa Automotive Semiconductor Market Trends:

New Safety measures, Entertainment services and improving the energy efficiency are made remarkable in this field. The markets related to the Automotive Semiconductors are having the broader outlook shortly.
Automotive Semiconductor is having different applications in various domains. DENSO global

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Middle East and Africa Automotive Semiconductor Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

corporation manufactures some of the products like Alternators, Compressors, Oxygen Sensors.

Remote I/O devices and human Interfaces manufactured by Hitachi international are in the current trends where Automotive Semiconductor markets are considered.

The Middle East and Africa Automotive Semiconductor Market Research Reports Includes:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and the Middle East and Africa diversity are analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
Infineon Technologies
NXP Semiconductors
DENSO Global Ltd.
Hitachi Global Ltd.
SEWS South Africa

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