The Middle East & Africa Automotive Backing Plate market is expected to reach US$ 19.28 million by 2028 from US$ 18.58 million in 2021. It is estimated to grow at a CAGR of 0.5% from 2021 to 2028.
An automated braking system is a vital component of car safety technology. It is a powerful system specifically designed to prevent or limit a moving vehicle's speed before a collision with another vehicle, a pedestrian, or any other barrier. This system employs sensors, such as radar, video, infrared, or ultrasonic, to identify potential objects in front of the vehicle. If the item is identified, it uses brake control to avoid a collision.
An automated braking system can also communicate with a vehicle's GPS and utilize its database of stop signs and other traffic data to apply the brakes in time if the driver fails to do so. For instance, Subaru's EyeSight system uses video input in the form of two-color cameras mounted at the top of the windshield to look for contrast with the background and vertical surfaces when scanning the area. The software can then recognize different images, including pedestrians, motorcycles, and rear ends of other vehicles. The rising awareness about these advantages of the automatic braking system among consumers is expected to fuel the demand for automotive backing plates in the MEA over the next few years. The MEA automotive backing plate market is expected to grow at a good CAGR during the forecast period.
Middle East & Africa Automotive Backing Plate Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Automotive Backing Plate Market Segmentation
The Middle East & Africa Automotive Backing Plate market is segmented into brake types, brake material type, vehicle type, and country. Based on brake types, the market is bifurcated into disc brakes and drum brakes. In 2020, the drum brake segment held a larger market share. Based on brake material type, the market is segmented into aluminum, iron, and others. In 2020, the others segment held a largest market share. Based on vehicle type, the market is categorized into passenger cars, light commercial vehicle, and heavy commercial vehicle. In 2020, the passenger cars segment held a largest market share. Based on country, the Middle East & Africa Automotive Backing Plate market is fragmented into South Africa,Saudi Arabia,UAE, and Rest of MEA. The South Africa is contributed a substantial share in 2020.
Super Circle, NUCAP, MAT Foundry Group Ltd, ORTHLINGHAUS-WERKE Gmbh, Sparex and ACDelco are among the leading companies in the Middle East & Africa Automotive Backing Plate market
Middle East & Africa Automotive Backing Plate Market Strategic Insights
Middle East & Africa Automotive Backing PlateMarket Report Highlights
| Report Attribute | Details |
| Market size in 2021 | US$ 18.58 Million |
| Market Size by 2028 | US$ 19.28 Million |
| CAGR (2021 - 2028) | 0.5% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Brake Types
|
|
Regions and Countries Covered
|
|
| Middle East and Africa | South Africa, Saudi Arabia, UAE, Rest of Middle East and Africa |
| Market leaders and key company profiles |
|
Middle East & Africa Automotive Backing Plate Market Country and Regional Insights