Middle East & Africa Vehicle Anti-theft System Market Size & Outlook
The vehicle anti-theft system market in Middle East & Africa is expected to reach a projected revenue of US$ 816.0 million by 2030. A compound annual growth rate of 7% is expected of Middle East & Africa vehicle anti-theft system market from 2024 to 2030.
Revenue, 2023 (US$M)
$519.6
Forecast, 2030 (US$M)
$816.0
CAGR, 2024 - 2030
7%
Report Coverage
Middle East & Africa
MEA vehicle anti-theft system market highlights
- The MEA vehicle anti-theft system market generated a revenue of USD 519.6 million in 2023.
- The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, steering locks was the largest revenue generating product in 2023.
- Steering Locks is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 519.6 million |
| Market revenue in 2030 | USD 816.0 million |
| Growth rate | 6.7% (CAGR from 2024 to 2030) |
| Largest segment | Steering locks |
| Fastest growing segment | Steering Locks |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steering Locks |
| Key market players worldwide | Valeo SA, MetaSystems, OnStar, Pit Viper, Author, Robert Bosch Engineering & Business Solutions, Denso Corp, Continental AG |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.8% of the global vehicle anti-theft system market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,787.0 million by 2030.
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Vehicle Anti-Theft System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| OnStar | View profile | 10001+ | Warren, Michigan, United States, North America | http://www.onstar.com |
| Author | View profile | - | http://www.waitingforhockney.com | |
| Pit Viper | View profile | 11-50 | Salt Lake City, Utah, United States, North America | https://www.pitvipersunglasses.com |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Valeo SA | View profile | 112740 | 100, rue de Courcelles, Cedex 17, Paris, France, 75017 | https://www.valeo.com |
| MetaSystems | View profile | 11-50 | Newton, Massachusetts, United States, North America | https://metasystems-international.com/us/ |
| Denso Corp | View profile | 195471 | 1-1 Showa-cho, Kariya, Japan, 448-8661 | http://www.denso.co.jp |
| Continental AG | View profile | 200888 | Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 | https://www.continental.com |
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