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Global Automotive Braking System market [2018-2026] by Middle East and Africa

By Middle East and Africa, the market is segmented into Middle East and Africa, South Africa, Rest of Middle East and Africa, Saudi Arabia, and UAE (2018-2026)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global Automotive Braking System market [2018-2026] by Middle East and Africa — full underlying data
LabelMiddle East and AfricaSouth AfricaRest of Middle East and AfricaSaudi ArabiaUAE
2018974.50 USD Mn89.19 USD Mn161.79 USD Mn602.12 USD Mn121.39 USD Mn
20191008.53 USD Mn91.86 USD Mn165.94 USD Mn626.61 USD Mn124.13 USD Mn
2020985.59 USD Mn89.37 USD Mn160.18 USD Mn616.51 USD Mn119.53 USD Mn
2021977.94 USD Mn88.48 USD Mn156.60 USD Mn616.06 USD Mn116.81 USD Mn
20221011.59 USD Mn90.75 USD Mn160.00 USD Mn640.43 USD Mn120.41 USD Mn
20231061.85 USD Mn94.50 USD Mn165.93 USD Mn675.34 USD Mn126.08 USD Mn
20241114.34 USD Mn98.25 USD Mn172.47 USD Mn711.59 USD Mn132.03 USD Mn
20251175.63 USD Mn102.53 USD Mn180.58 USD Mn753.57 USD Mn138.96 USD Mn
20261244.56 USD Mn107.37 USD Mn189.85 USD Mn800.62 USD Mn146.72 USD Mn

Data Source: Wantstats Repository

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Market Dynamics

Saudi Arabia accounted for the largest market share in 2019 in the Middle East and Africa automotive braking system market, and is expected to reach USD 800.62 Million in 2026 from USD 626.61 Million in 2019.This market is projected to grow at a CAGR of 4.45% during the forecast period from 2020 - 2026. disc brake segment accounted for the larger market share in 2019, this market is expected to reach USD 927.14 Million in 2026 from USD 738.51 Million in 2019. This market is projected to grow at a CAGR of 4.26% during the forecast period from 2020 - 2026. However, disc brake segment is the fastest growing market, which is expected to grow at a CAGR of 4.26% during the forecast period 2020 - 2026. pcv segment accounted for the largest market share in 2019, this market is expected to reach USD 1047.29 Million in 2026 from USD 841.02 Million in 2019. This market is projected to grow at a CAGR of 4.11% during the forecast period from 2020 - 2026. abs segment accounted for the largest market share in 2019, this market is expected to reach USD 809.39 Million in 2026 from USD 646.54 Million in 2019.

This market is projected to grow at a CAGR of 4.27% during the forecast period from 2020 - 2026. master cylinder segment accounted for the largest market share in 2019, this market is expected to reach USD 352.69 Million in 2026 from USD 257.10 Million in 2019. This market is projected to grow at a CAGR of 5.58% during the forecast period from 2020 - 2026. However, master cylinder segment is the fastest growing market, which is expected to grow at a CAGR of 5.58% during the forecast period 2020 - 2026.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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