Key Findings
The Inkwood Research estimates that the GCC aftermarket ADAS market will evolve with a CAGR of 12.67% throughout 2019-2027. In terms of revenue, the aftermarket ADAS market in GCC accounted for $XX million in 2018 and is anticipated to reach $338.56 million by the end of 2027. The ever increasing demand for safety features in vehicles and strict government regulations, accompanied by other factors contributes to the mounting growth of the aftermarket ADAS.

Market Insights
The aftermarket ADAS market in Gulf Cooperation Council (GCC) includes segment based on vehicle type. The vehicle type segment includes passenger cars, heavy commercial vehicles, and light commercial vehicles. The ADAS in passenger cars is one of the leading segments in the GCC aftermarket ADAS market. The sales of passenger cars are increasing in the region owing to the high production, less complexity, and increased registration of cars. ADAS solutions are integrated mainly into the passenger cars to ensure the safety of the vehicle as well as the driver.

Regional Insights
The GCC aftermarket ADAS market includes countries such as Saudi Arabia, United Arab Emirates, Kuwait, and others. The enlarging consumer base with the rising population is surging the demand for vehicles, thereby boosting the growth of the aftermarket ADAS market in the region. The flourishing automotive industry in the UAE attributes to the high demand for luxury cars, high disposable income, and availability of attractive financing options. As a result of this, the aftermarket ADAS market is expected to witness significant growth in the country.

Competitive Insights
The prominent players operating in the GCC aftermarket ADAS market are, namely Valeo S.A., Robert Bosch GmbH, Continental AG, Denso Corporation, Aptiv PLC (Formerly Delphi Automotive PLC), Intellivision Technologies Corporation, and Mobileye N.V. The dominant players focus on several corporate strategies to maintain a stronghold in the market.