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Showing posts from November, 2022

Saudi Arabia Automotive Temperature Sensor Market Landscape & Forecast, 2022–2028

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects that   Saudi Arabia automotive temperature sensor market   to grow at a CAGR of 8.5% during the forecast period between 2022 and 2028. The expansion of Saudi Arabia automotive temperature sensor market is driven by rising consumer preference for alternative fuel vehicles and an increasing focus on reducing the number of traffic incidents using sensor technology and navigate through harsh weather conditions. High disposable income among Saudi Arabians, which leads in the high adoption of private vehicles, is also a major growth factor for the market. Furthermore, Saudi Guidelines, Metrology, and Quality Organization (SASO) stringent government safety regulations for new vehicles, combined with automobile manufacturers increased focus on designing electronic components, safety sensors, and smart braking systems, are expected to further fuel the growth of Saudi Arabi...

Saudi Arabia Automotive Sensors Market Trend Analysis, 2022-2028

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects   Saudi Arabia Automotive Sensors Market   size to expand at a CAGR of 8.5% during the forecast period between 2022 and 2028. The expansion of Saudi Arabia automotive sensors market is driven by increasing awareness for vehicle safety, growing consumer preference towards alternative fuel cars, such as electric and hybrid cars, and an increasing focus on reducing the number of road accidents and on sensor technology. High disposable income among Saudi Arabians resulting in the high adoption of private vehicles is also expected to propel the growth of Saudi Arabia automotive sensors market. Stringent government safety regulations by Saudi Guidelines, Metrology, and Quality Organization (SASO) for new vehicles coupled with automobile manufacturers increased focus on designing electronic components, safety sensors, and smart braking systems is predicted to further fue...

Middle East and Africa OTR Tire Market Competitive Landscape & Forecast, 2022–2028

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects   Middle East and Africa OTR (Off-The-Road) tire market   size to grow at a CAGR of 4.3% during the forecast period between 2022 and 2028. The expansion of   Middle East and Africa OTR tire market   is driven by the increasing number of large construction, mining, and industrial activities; growing infrastructure development to facilitate economic diversification and rising government investments in agricultural machinery and non-oil industries. Additionally, the growth of the real estate sector in emerging economies has expanded the market for construction and material handling equipment due to increasing labor costs, the need for improved productivity, and the need to maximize resource utilization, which is expected to significantly boost the growth of the OTR tire market in the region. Agricultural operations, such as crop plotting and scouting as wel...

Saudi Arabia Smart Mirror Market Landscape & Forecast, 2022–2028

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Saudi Arabia smart mirror market size to grow at a significant CAGR of 14.3% during the forecast period between 2022 and 2028. The expansion of   Saudi Arabia smart mirror market   is driven by the growing adoption of ADAS (Advanced Driver Assistance Systems) in the automotive domain, rising demand for connected devices, and growing preference for smart homes. Rapid digitization as well as advancements in smart mirrors equipped with IoT (internet of things) and AI (artificial intelligence) solutions are also propelling the market growth. Rising demand for smart mirrors in the automotive sector combined with smart mirrors’ lower power consumption further drive the overall market growth. Saudi Arabia smart mirror market also benefits from the widespread adoption of technology due to its favorable capabilities, such as increased convenience and improved reliability a...

Saudi Arabia Retread Tire Market Forecast, 2022–2028

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects   Saudi Arabia retread tire market   size to grow at a CAGR of 5.8% during the forecast period between 2022 and 2028. Saudi Arabia retread tire market expansion is driven by increased automotive manufacturing and sales, rapid urbanization, and higher disposable income. The leading authorities invest their generated income from oil and gas in other industries. Such heavy investments combined with expanding technological innovations are expected to drive the market further. Additionally, the increasing adoption of retread tires due to their low cost and sustainability, as well as heavy and commercial vehicles' growing demand for tire retreading for construction, mining, and agriculture applications, are expected to fuel the growth of Saudi Arabia retread tire market. However, automobile owners’ preference for the imported budget tires from Asian countries over retre...

Saudi Arabia Automotive Head Up Display (HUD) Market Forecast, 2022–2028

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects   Saudi Arabia Automotive Head Up Display Market   size to grow at a significant CAGR of 13.5% during the forecast period between 2022 and 2028. The expansion of   Saudi Arabia automot ive Head Up Display (HUD) market is driven by rising automobile production and sales, as well as increased customer awareness of road, vehicle, and passenger safety. Technology advancements to improve driving experience, as well as the introduction of connected cars, are also accelerating the growth of Saudi Arabia automotive HUD market. Because of the increase in road accidents, leading authorities are enacting strict traffic laws to protect vehicle and passenger safety by incorporating HUDs, which provide essential information to motorists about navigation, speed, and other driving assistance data. Rapid population growth, rising living standards, and increased personal dispo...

Saudi Arabia OTR Vehicle Market Trend Analysis, Trends, Forecast 2022-2028

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Saudi Arabia OTR (off-the-road) Vehicle Market size to grow at a steady CAGR of 6.7% during the forecast period between 2022 and 2028. The expansion of   Saudi Arabia OTR vehicle market   is driven by growing e-commerce platforms, rising demand for compact and efficient equipment, and increased emphasis on off-road sports. Furthermore, rising off-highway vehicle application due to lower maintenance and insurance costs, as well as better fuel efficiency, is expected to drive the demand for OTR vehicles in Saudi Arabia. Its utilization in various industries, such as construction, agriculture, and mining, as well as in exploration operations in areas without paved roads, all contribute to market growth. Finally, the expansion of the automotive sector, combined with rising demand for off-road and difficult terrain vehicles, is expected to boost market growth during th...

Saudi Arabia Flying Car Market Competitive Landscape & Forecast, 2022–2028

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects   Saudi Arabia flying car market   size to grow at a strong CAGR of 38.9% during the forecast period between 2022 and 2028. The expansion of Saudi Arabia flying car market is driven by increasing industrialization and urban growth, rising vehicle safety awareness, consumers’ preference for environmentally friendly automobiles, and higher disposable income among the people of the country. The emergence of new era urban mobility alternatives in transportation as well as increased adoption of digitalization and automation in the aviation sector are also expected to drive the overall market growth. Rapid urbanization in Saudi Arabia spurs the demand for alternative modes of transportation in response to rising air pollution and traffic congestion. This, in turn, is compelling key players to prioritize the development of air mobility solutions and the improvement of th...

Saudi Arabia EV Charging Infrastructure Market Forecast, 2022–2028

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects   Saudi Arabia EV Charging Infrastructure Market   size to reach USD 472.6 million by 2028. During the forecast period between 2022 and 2028, BlueWeave projects Saudi Arabia EV Charging Infrastructure   Market   size to grow at a significant CAGR of 12.4%. The expansion of Saudi Arabia EV charging infrastructure market is driven by rising EV adoption and favorable government policies. Other factors driving the growth of the Saudi Arabia EV charging infrastructure market include an increase in market key players’ investments in the construction of EV charging infrastructure, as well as technology advancements in EV charging infrastructure. To minimize its reliance on the oil and gas industry, the Saudi Arabia government is investing in other revenue streams and supporting the expansion of other vital industrial verticals. Furthermore, the government is ta...

Digital Freight Forwarding Market Size, Share, Trend Analysis

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the size of global digital freight forwarding market to grow at an impressive CAGR of 26.5% during the forecast period between 2022 and 2028. The growth of global   digital freight forwarding  market   is being fueled by the expansion of both domestic and international trade, an increasing demand for time-controlled deliveries and safe freight, and the adoption of smart technologies, such as internet of things (IoT), artificial intelligence (AI), and big data analytical solutions. Digitization, which is a major force driving the expansion of the current economy, is still going strong. To fill the gaps in the logistics industry, major companies, such as Convoy, Uber Freight, and uShip, are creating new platforms. Digital freight forwarding will help reduce the amount of manual labor. All freight forwarding quotes will be available on a single platform, elimina...