Analysis – By Brake Types (Disc Brake and Drum Brake), Brake Material Type (Aluminium, Iron, and Others), and Vehicle Type (Passenger Cars, Light Commercial Vehicle, and Heavy Commercial Vehicle)
No. of Pages:87
Report Code:
BMIRE00025491
Category:
Automotive and Transportation
Middle East & Africa Automotive Backing Plate Market
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 amongconsumers 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
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Middle East & Africa Automotive Backing Plate Market Segmentation Analysis
Middle East & Africa Automotive Backing Plate Market Report Highlights
Middle East & Africa Automotive Backing Plate Report Scope
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
Disc Brake
Drum Brake
By Brake Material Type
Aluminium
Iron
By Vehicle Type
Passenger Cars
Light Commercial Vehicle
Heavy Commercial Vehicle
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
Super Circle.
NUCAP.
MAT Foundry Group Ltd.
ORTHLINGHAUS-WERKE Gmbh.
Sparex.
ACDelco.
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Middle East & Africa Automotive Backing Plate Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - Middle East & Africa Automotive Backing Plate Market
1. Super Circle.
2. NUCAP.
3.MAT Foundry Group Ltd.
4.ORTHLINGHAUS-WERKE Gmbh.
5.Sparex.
6.ACDelco.
Frequently Asked Questions
How big is the Middle East & Africa Automotive Backing Plate Market?
The Middle East & Africa Automotive Backing Plate Market is valued at US$ 18.58 Million in 2021, it is projected to reach US$ 19.28 Million by 2028.
What is the CAGR for Middle East & Africa Automotive Backing Plate Market by (2021 - 2028)?
As per our report Middle East & Africa Automotive Backing Plate Market, the market size is valued at US$ 18.58 Million in 2021, projecting it to reach US$ 19.28 Million by 2028. This translates to a CAGR of approximately 0.5% during the forecast period.
What segments are covered in this report?
The Middle East & Africa Automotive Backing Plate Market report typically cover these key segments-
Brake Types (Disc Brake, Drum Brake)
Brake Material Type (Aluminium, Iron)
Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle)
What is the historic period, base year, and forecast period taken for Middle East & Africa Automotive Backing Plate Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Automotive Backing Plate Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in Middle East & Africa Automotive Backing Plate Market?
The Middle East & Africa Automotive Backing Plate Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Super Circle.
NUCAP.
MAT Foundry Group Ltd.
ORTHLINGHAUS-WERKE Gmbh.
Sparex.
ACDelco.
Who should buy this report?
The Middle East & Africa Automotive Backing Plate Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Middle East & Africa Automotive Backing Plate Market value chain can benefit from the information contained in a comprehensive market report.
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