Middle East & Africa Automotive Camera Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Application, Type, Vehicle Type, and Level of Autonomy

The automotive camera market in the Middle East & Africa is expected to grow from US$ 396.48 million in 2022 to US$ 1,205.61 million by 2028; it is estimated to grow at a CAGR of 20.4% from 2022 to 2028.

The growing popularity of electric vehicles is the major factor driving the growth of the Middle East & Africa automotive camera market. Nowadays, electric cars are equipped with ADAS and automotive cameras, such as mono cameras, rear view cameras, and surround-view cameras, for a better driving experience. The growing demand for electric vehicles is primarily attributed to the increasing demand for low-emission vehicles and a surge in supportive regulations for zero-emission vehicles through subsidies and tax rebates that compelled the manufacturers to provide electric cars across the region. When switching to an electric vehicle, customers expect a higher level of digital experience with advanced driving features. The push for technological innovations may increase the demand for connectivity, shared mobility solutions, rear view cameras, and 360-degree view technology. In addition, increased expectations regarding ADAS function in electric vehicles would propel the automotive camera market dynamics in the coming years. Thus, the growing production of electric vehicles is anticipated to hold potential demand for incorporating automotive cameras, which would create lucrative opportunities for the market during the forecast period.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa automotive camera market at a substantial CAGR during the forecast period.

middle East & Africa Automotive Camera Market Segmentation
The Middle East & Africa automotive camera market is segmented into application, type, vehicle type, level of autonomy, and country.

• Based on application, the Middle East & Africa automotive camera market is bifurcated into park assist and ADAS. The park assist segment accounted for a larger market share in 2022.
• Based on type, the Middle East & Africa automotive camera market is categorized into mono camera, surround view camera, and rear view camera. The rear view camera segment accounted for the largest market share in 2022, owing to increasing awareness for safe driving that needs the proportion of cars with a rear view camera.
• Based on vehicle type, the Middle East & Africa automotive camera market is bifurcated into passenger cars and commercial vehicle. The passenger cars segment accounted for a larger market share in 2022 owing to growing initiatives for introducing regulatory policies for safety and comfort for passenger vehicles.
• Based on level of autonomy, the automotive camera market is segmented into L1, L2, L3, and others. The L1 segment accounted for a larger market share in 2022. Moreover, the L2 segment is projected to observe significant growth during the forecast period owing to the growing demand for driver assistance systems.
• Based on country, the Middle East & Africa automotive camera market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. South Africa held the largest market share in 2022.

Aptiv PLC; Autoliv Inc.; Continental AG; FLIR Systems, Inc.; Magna International Inc.; Mobileye; Robert Bosch GmbH; Stonkam Co., Ltd.; and Valeo are among the leading companies operating in the Middle East & Africa automotive camera market.