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Middle East Self Driving Vehicles Market Expanding at a CAGR of 55% over the Forecast Period (2016-2024)

According to Goldstein Research, Middle East self driving vehicles market is expected to grow at a CAGR of more than 55% during the forecast period 2016-2024. Sales of autonomous vehicles in Middle East region is estimated to reach 1 million by 2035. To achieve these forecast figures, company Tesla in January, 2017 underwent testing of autonomous taxi on Dubai’s road. Moreover the issue of road safety and increasing number of road accident cases is further impeding the deployment of self driving vehicles in Middle East region.

Middle East self driving vehicles market segmentation has been carried out on the basis of technology, vehicle type, components and geography. The autonomous vehicles industry estimates that the autonomous trucking technology can achieve huge success in Middle East region and create enormous social and economic value. Middle East self driving vehicles market is anticipated to be driven by Abu Dhabi and Saudi Arabia owing to the government’s favorable policies towards autonomous vehicles, majorly towards the autonomous trucks. Furthermore, progressing research and development in the autonomous technology in the region is expected to reach mass production in next 10-12 years.

Browse Full Report: https://www.goldsteinresearch.com/report/middle-east-self-driving-vehicles-market-outlook-2024-opportunity-assessment-and-demand-analysis-market-forecast-2016-2024

Market Segmentation

On the basis of our in-depth analysis, Middle East Self Driving Vehicles Market can be segmented as follows:

By Technology
  • Driver Assistance
  • Semi Automation
  • High Automation
  • Full Automation
By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
By Components
  • Software
  • Applications
  • Operating systems
  • Hardware
  • Cameras
  • GPS systems
  • Communication Systems
  • Sensors
By Region
  • U.A.E {Market Size, Growth Analysis and Opportunity Analysis}
  • Saudi Arabia {Market Size, Growth Analysis and Opportunity Analysis}
  • Kuwait {Market Size, Growth Analysis and Opportunity Analysis}
  • Qatar {Market Size, Growth Analysis and Opportunity Analysis}
  • Turkey {Market Size, Growth Analysis and Opportunity Analysis}
  • Egypt {Market Size, Growth Analysis and Opportunity Analysis}
  • Rest of Middle East {Market Size, Growth Analysis and Opportunity Analysis}
Middle East Self Driving Vehicles Industry Analysiscontains 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 as Tesla, 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 East self-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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About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on automotive industry analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
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sales@goldsteinresearch.com
www.goldsteinresearch.com

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