Market Trends of UAE Automotive Sensors Industry
This section covers the major market trends shaping the UAE Automotive Sensors Market according to our research experts:
Commercial Vehicles Pushing the Demand for Automotive Sensor
UAE sees a significant boom in the construction and transportation sector. This has resulted in the demand for heavy commercial vehicles. As a result, many truck fleet owners and operators invest in performance upgrades to improve fuel efficiency and driving comfort.
Commercial vehicles are increasingly adopting features such as autonomous braking systems, lane-keeping assist, and adaptive cruise control systems. In UAE, trucks are anticipated to utilize ADAS and connectivity technology to commercialize in the construction and transport space, which will increase ADAS penetration of sensors automotive industry.
For instance, Bosch developed its Multi-Mode Radar technology (MMR system), hidden behind the bumper to detect blind spots and lessen the threat of accidents during lane changing. The technology is becoming a standard for many Bosch equipped cars sold in UAE. Rear-end radar sensors developed by Robert Bosch LLC make drivers much more aware of adjacent vehicles and lessens the threat of accidents caused by lane changing. Frequent lane changing is one of the top causes of accidents in the UAE, while unable to detect blind spots has resulted in almost half the number of road accidents in Dubai.
Autonomous Driving will Drive the Demand for Sensors Market in UAE
With the emergence of advanced sensors for connected and autonomous infrastructure, more sensors are used in an ADAS and automated driving to provide more significant information about a vehicle's surroundings. Smart vehicles and luxury cars will also drive the demand for automotive sensors. The increasing penetration of electric vehicles is even driving the sales of automotive sensors.
There will be sophisticated demand software required to process and interpret real-time sensor data. Sensor technology is currently adopted in vehicle safety and control. However, sensors are increasingly being integrated into automotive control systems to achieve performance optimization.
The development of new applications for technologies that utilize nano and micro technology will help UAE's automotive sensor market grow. Increased R&D in the sensor industry is creating opportunities for technological advancements that open up new horizons for sensor applications.
However, there is need for affordable autonomous vehicle sensor as well. LiDAR and radar sensors are two of the commonly used in automotive industry. But both the sensors are involved in a price war to introduce the more affordable product. LiDAR sensors were the most preferred for advanced driver assistance systems, but the development of cheaper radar sensors is expected to offset their sales.
