WebGlobal automotive trends impacting the aftermarket segment At Automechanika in the Middle East, Vishal Pandey the founder Glasgow Research & Consulting delivered a keynote presentation on the impact of global automotive DC1 - US English However, the sector is facing a slowdown since 2016 due to the weak economic environment, particularly in the UAE. Middle East and Africa Automotive Semiconductor Market - Size, Outlook WebAfrica Automotive Industry Report . Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Automotive distribution is also getting significantly impacted by many of these trends. The automobile industry contributes around 10% to the GDP of Iran. Published on Aug 15, 2023. 8.4 Comfort/Entertainment Unit. Whilst we note that in the short-term these factors may slow the progress of mass adoption of autonomous vehicles; we believe that they are the necessary topics to address to ensure a seamless and successful integration. The government is clearly increasing fuel subsidies at the same time as trying to secure IMF support. This car is well-equipped with facial recognition cameras, integrated drones, and driver behavior cameras to ensure occupants are awake. WebStatistics for the 2023 Africa Middle East Automotive Eps market share, size and revenue growth rate, created by Mordor Intelligence Industry Reports. Global New Vehicle Demand Forecast 2020-2030. Contact Us:-Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Blink Charging Signs Agreement with Global Quick Service Restaurant Franchisee Arcos Dorados to Provide EV Charging to Workhorse Group Reminds Stockholders to Vote FOR the Proposal to Increase the Number of Authorized Shares, Kandi Technologies Next-Gen All-Electric Crossover Vehicles Enter Mass Production. 1 Auto & Automotive Repair & Maintenance Auto Shows: Interested 3699. +1 (202) 335-3939. Questions? Middle East An Overview of the Automotive Industry in Middle East Middle East & Africa Automotive Paints Market It is coupled with lane intervention a feature that utilises a forward-facing camera to keep the vehicle in the centre of the lane, along with a stop-and-hold function. Global motor vehicle sales by region | Statista WebAfrica & Middle East Automotive Sunroof Industry Overview Africa & Middle East Automotive Sunroof Market is consolidated with just a couple of players, such as Webasto Group, Inalfa Roof Systems Group BV, and Inteva Products LLC dominating the market. Chinese brands topped Israels electric car sales chart. Saudi Arabia accounted for almost Think:Act gives you a playbook for the future to adapt, survive and thrive. middle east 7 Automotive PR Explained: What is COP28, why does it matter, and what can UAE residents do? For all your latest EIU content and data, please log in to EIU Viewpoint here. We will also further develop our autonomous vehicle technologies, aiming to incorporate next generation LiDAR systems on virtually every new model by 2030. Africa Automotive analysis includes a market forecast outlook to 2028 and historical overview. Automotive Get quick analyses with our professional research service. The COVID-19 pandemic has caused the region's Read More, Aug 01, 2023|Published by: Fairfield Market Research|USD 4,595, and Africa) The global automotive industry is experiencing a paradigm shift towards sustainable mobility solutions, with electric vehicles (EVs) at the forefront of this revolution. London: +44 (0) 20 7576 8181 | New York + 1 212 698 9717 | Hong Kong + 852 2802 7288. Engineering plastics offer superior performance compared to standard plastics, making Read More, Jul 10, 2023|Published by: Fairfield Market Research|USD 3,895, Africa) Manufacturing execution systems (MES) play a crucial role as the backbone of successful manufacturing processes. By continuing to browse this site, you agree to this use. Automotive sales manager Jobs in United Our vision is to bring OEMs to produce ~300K+ vehicles in Saudi Arabia between 2020 and 2030. Your email address will not be published. The Middle East & Africa Automotive Financing market is classified by type, by purpose, by vehicle type, and by geography. 1) Mitsubishi Pajero. Africa And Middle East Automotive Pneumatic Actuators analysis includes a market forecast outlook to 2028 and historical overview. WebThe report analyses key players in the South Africa Automotive Market with detailed SWOT and financial analysis and their strategies for 2030. Hydrogen vehicles have emerged as a viable Read More, Africa) The global internal combustion engine market has remained a preferred choice in the transportation industry for over a century due to its convenience and lower costs. Three overall areas to monitor in 2022 in the broader Middle East include: 1. Statista An Overview of the Automotive Industry in Middle East Over the past few years, the automotive industry has understood the importance of developing Middle East Automotive Industry Employment News Monitoring During the same period, sales of new cars in the UAE are expected to reach 1.4 million cars in 2020 compared to 1.2 million in 2015. These include EV battery/ charging solutions, connectivity solutions and financial services. 1 like. Connected cars are already affecting the automotive industry, both manufacturers and consumers. Predictions: How will connected cars Raising industry standards through thought leadership, market intelligence, and knowledge sharing. WebThe Africa & Middle-East Automotive Electric Power Steering Market is projected to grow with a CAGR of more than 4% during the forecast period. These factors have further given rise to a few disruptive technology-driven trends in the automotive industry, such as autonomous driving, electrification, diverse mobility, and connectivity. WebStatistics for the 2023 Africa And Middle East Automotive Actuators market share, size and revenue growth rate, created by Mordor Intelligence Industry Reports. WebUAE. In 2018, it surpassed South Africa as the biggest exporter of passenger cars on the continent. February 28, 2022 What are the new tech trends that will disrupt the automotive industry in the Middle East? Automotive. Event duration: September 5, 2023 - September 18, 2023. As we see it, the key barriers to widespread autonomous vehicle adoption are threefold; customer use, driving environment and governmental regulations. In the quest to preserve natural resources and reduce environmental impact, automakers worldwide are leveraging hybrid, electric, and solar energy systems to replace gas-fed engines and internal & external combustion engines. The Middle East and Africa Automotive Semiconductor market By Application. Africa and Middle-East Automotive EPS Market Size & Share +1 (917) 900 9072 +1 (780) 900 4752 +91 89800 18741 Automotive manufacturing industry in China, Automotive Industry in the United Kingdom, Automotive industry in the Middle East and North Africa, Get the best reports to understand your industry, Automobile manufacturing industry in China, Automotive industry in the United Arab Emirates. You also have the option to opt-out of these cookies. These cookies track visitors across websites and collect information to provide customized ads. Africa Automotive Market The report covers Middle East Automotive Head Up Display (HUD) Market Research Report, Automotive Head Up Display (HUD) Market Size. Clicking on the following button will update the content below. Automotive Technological advancements have redefined the way vehicles are manufactured, maintained, and operated. Middle East Automotive Middle East Automotive Industry Newswire - EIN Presswire The Middle East automotive paints market is projected to experience substantial growth in the forecast period of 2022-2028. Future focus of the players could be towards driving profitability through better end of life management and stronger OEM collaborations for customized products, The key markets in Middle East region are expected to witness significant electric vehicle (EV) penetration 40-75% EV penetration in new car sales expected by 2035 for UAE and KSA, Distributors will mainly be impacted due to direct sales approach by new-age EV OEMs and reduced aftersales volume from EVs (EVs require ~50% less aftersales services than ICE vehicle). UAE Automotive Composites Market Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Oil-exporting Gulf economies were subjected to a double whammy of lockdowns as well as a collapse in oil prices. It is true that the more connected our vehicles become, the more they will be open to vulnerabilities. 8.6 Others. But the industrys engines never stopped running, and cars and Automotive Industry | Oracle Middle East Regional The most recent study on the Middle East Auto Component market from Markntel Advisors provides extensive, in-depth analysis of current trends, opportunities, high growth areas, and market drivers. How social contracts between the people of the region and their governments might change. 7.3 Diesel. Dubai. In an era of rising geopolitical tensions, questions about the role and the status of different currencies in the international monetary system are inevitably becoming more and more contentious. Auto Moto Show. Middle East Automotive Your free trial has expired. Over the past decade, the automotive industry has been the most receptive to developing technologies. WebLocated in Ashburn, VA, and Tysons Corner, VA, our D.C. data centers are strategic communications hubs for the eastern United States and major communications gateways The people of the broader Middle East and North Africa (MENA) make up nearly 10% of the worlds population as it approaches 8 billion. To develop this The cookie is used to store the user consent for the cookies in the category "Performance". Another trend is of miniaturization that integrates such capabilities in vehicles without any interruptions in the vehicles basic functionalities. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. With dwindling water resources, alternative water sources are an essential link to meet global water needs. 9 Turkey, Iran, South Africa, Egypt, and Rest of MEA together form the market in this region. Automotive Carbon Fiber Statistics on " Automotive industry in the Middle East and North Africa " The most important statistics. This enhanced capacity supports the Companys growth plans for Middle East and Africa region, as it pushes to a production capacity of one million vehicles per year by 2030, while reaching 70% local integration, as outlined in Stellantis Dare Forward 2030 strategic plan. To succeed, companies will need to decide which of these trends to differentiate themselves on, and which to address through a range of partnershipspossibly even 5 from the world's leading source WebThis report presents graphs and tables about the automotive industry in the Middle East and North Africa. Emirates Automotive Market Current economies in the Middle East region in particular are radically changing, caused by the development of sustainability policies, rise of new technologies, and changing consumer preferences around ownership. Automotive Middle East Get in touch with us. The kingdom will move ahead with a major acceleration of investment in hydrocarbons field development. WebThis report aims to shed light on the potential impact of COVID-19 on the automotive industry worldwide. The release of harmful gases such as carbon monoxide (CO), carbon dioxide (CO2), nitrogen oxides (NOX) Read More, rising fuel prices and growing environmental concerns are driving significant lifestyle transformations, with customers increasingly adopting electric mobility options. Middle Easts automotive industry is among the fastest-growing sectors, attributable to high disposable income, significant infrastructure development, and growing population. Please register for a regular account. Volkswagen to Showcase Latest Models and Technologies at User Agreement, Get an unlimited news experience The Asia-Oceania and the Middle East region was the world's largest market for passenger and commercial vehicles, with sales amounting to over 42.6 million units in 2021. Cadillac Middle East is taking orders now for its first electric vehicle, LYRIQ Al Awael Dubai, attended by journalists, influencers, and key professionals in the automotive industry. Within the region, 84 per cent anticipate change to an alternative fuel up four percentage points on the initial survey in 2018. WebKey Trends in the Automotive Refinish Coatings Market; New Product Launches, Expansions, Key Players; Ranking of Key Players in the Market; Regional Analysis: The automotive refinish coatings market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. WebThe largest international trade exhibition for the automotive aftermarket and service industry in the wider Middle East Our 20th anniversary edition held from 2 4 October 2023 promises to be bigger, better and grander with new features, and 14 halls featuring 1,800+ exhibitors from 60+ countries and 20 official country pavilions. Automotive Industry in Middle East | Automobile Industry ITME Africa & Middle East 2023 is poised to be more than an event or an exhibition and propose to bring to table complete solutions for textile industry, affordable Africa & Middle East Automotive The report also offers the market dynamics, latest trends, size, share and industry overview. WebThe Iran Vehicles Market size is expected to grow from USD 34.63 billion in 2023 to USD 54.70 billion by 2028, at a CAGR of 9.57% during the forecast period (2023-2028). Automotive Association Middle East & North Africa Carbon Fiber in Automotive analysis includes a market forecast outlook to 2028 and historical overview. Over the next 10 years, Nissan will deliver electrified vehicles and technological innovations, that support our goal of becoming carbon neutral across operations and the lifecycle of our products by 2050. Automotive Aftersales Manager Jobs in Middle East In this study, we are focusing on 5 key automotive distribution trends to derive considerations and implication for automotive distributors and dealers in the region. global automotive industry. WebWith the steady growth of the automotive parts industry in the Middle East & Africa, Global Auto Parts, part of the renowned Al Habtoor Group aims to raise the bar in the products and services available for automotive aftermarket distributors in the GCC, Africa and wider global regions. All Categories Automotive, Transportation and Warehousing In the case of economy cars and older second-hand vehicles meanwhile, consumers increasingly Read More, Jul 25, 2023|Published by: Euromonitor International|USD 990, the overall category continues to post declining retail volume sales, mainly driven by in-car navigation. Saudi Arabia has lucrative European EV markets in its sights as EU countries seek to diversify their import partners. We expect an unsustainable subsidy for petrol to end in 2023, which is a risky call, but recent events support it. Automotive distribution's future in the Middle Eastern region is being shaped by multiple trends Automotive industry globally is undergoing an unprecedent Set Up FREE Account Submit Release. Required fields are marked *. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 8. market research for automotive industry and Sales growth. WebVolkswagen Middle East has announced its participation at the 2023 Geneva International Motor Show Qatar (GIMS Qatar), taking place from October 5th to 14th at Doha The transportation sector has undergone a significant transformation with the development of electric vehicles (EVs) in response to pressing challenges related to the greenhouse effect, reducing dependence on fossil fuels, and curbing carbon emissions. Middle East & Africa Automotive Financing Market Size, Outlook The good news is that 76 per cent of Middle East respondents say they are ready to face the changes which puts the regional industry in a great position for recovery and growth, said Mahmut Gazi Bilikozen, Automechanika Dubais show director. Evolution of the Global Forensic Accounting Services Market Size: From USD 16.5 Billion to USD 27.3 Billion with CAGR of Eco Friendly Tire Market Giants Spending Is Going To Boom with Michelin, Nokian Tyres, Continental, Automotive Industry Shifts Toward Innovation in 2023 and Beyond, Automotive Coatings Market worth $18.6 billion by 2027 Globally, at a CAGR of 4.3 %, says MarketsandMarkets, UHMW Improves Conveyor System Efficiency in Material Handling, Automotive Industries, Sensor Fusion Market for Automotive worth $22.2 billion by 2030 Exclusive Report by MarketsandMarkets, Arbor Metals Establishes Strategic Alliance Department to Drive Collaboration With Automotive Industry, NASCARs Kap Houston has released his latest single Dialed In, Auto-Dimming Mirror Market Size, Share, Revenue, Trends And Drivers For 2023-2032, Engine Encapsulation Market Size, Share, Revenue, Trends And Drivers For 2023-2032, Aviation Fuel Market Size, Share, Revenue, Trends And Drivers For 2023-2032, Analyze Corporation Announces the Release of its Analyze360 Consumer Data Segmentation Platform, Aliyyah Koloc reaches the finish of first rally raid event with top-tier REVO T1+ in South Africa, Fort Collins IT Company Adds Endpoint Detection and Response, EverQuote.com and DMVgo.com Collaborate to Help Users Save on Auto Insurance Rates, AkzoNobel joins EVONOMY's Ecosystem, expanding powder coating offerings for Electrification applications. Africa And Middle East Automotive Tpms analysis includes a market forecast outlook to Saudi Arabia Automotive Market - International Trade Administration The same report predicts that sales of new cars in the United Arab Emirates will reach 267 thousand cars by 2020, compared to 215 thousand future of car buying: Perspectives from Saudi Arabia At Future Market Insights (FMI), she works closely with research teams to help businesses around the world meet their unique market intelligence needs. These software solutions are essential in connecting multiple plants, providing real-time production information, and integrating enterprise business applications. Middle Middle East And Africa Automotive Aftermarket Glass analysis includes a market forecast outlook to 2028 and historical overview. The global automotive cybersecurity market is projected to experience remarkable growth from 2021 to 2027, driven by the advancements in automobile technologies and the increasing integration of ecosystems and technologies. AED 8K - AED 10K (Employer est.) Questions? automotive industry is a relatively sophisticated industry, but with sub-Saharan Africas rapidly expanding market and automotive trade deficit of $16.3 billion, it is important that ways are found to Manufacturing grew at 5.6 percent per annum in east Africa from 2000-2012 but in southern Africa at only 1.2 percent per annum (UNECA, 4d. Automotive industry Once the environment has been digitally re-created, finally, a complex advance artificial intelligence is able to autonomously take key driving decisions making our vehicles smarter, more responsive and extremely safe. Royal Jordanian was ranked as the Middle East and Africas (MEA) second most on-time airline for the year 2022 - according to Cirium, the global aviation analytics leader. Automotive 7.1 Electric. Under Ambition 2030, we will continue and accelerate our journey to become a truly sustainable company, driving towards a safer, cleaner, and more inclusive world. Middle East and Africa automotive, car, vehicle analysis Access EMEA's leading financial, telecommunications, manufacturing and commercial ecosystems. August 16, 2023 Famagusta Gazette China, Environment, Israel, Mediterranean Focus, Top Story 0 (File: Famagusta Gazette) WebEurope, Middle East, and Africa Data Centers. UAE Car Market Size. Overview New business models, increased automation, and digitization have revolutionized almost every industry, and automotive industry is no exception. Automotive Industry Top Automotive Companies in UAE Given Africas population size and its positive economic outlook, automotive companies will be Deloitte Africa Dr. Thomas Schiller Europe, Middle East & Africa Automotive Leader Deloitte. Thu, 19 - Sun, 22 Oct 2023. The automotive industry is showing an enormous growth over the years owing to rising demand for luxurious electric vehicles.
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