"Strategic & Middle East": 19 billion dollars in the size of the autonomous vehicle market in the Gulf by 2035
Dubai, September 30 / WAM / A recent report issued by Strategie & Middle East, affiliated to the “Price Water House Copers” network, expected that the size of the self -driving vehicle market in the Gulf Cooperation Council countries is approximately 19 billion US dollars by 2035, out of the global market of $ 182 billion, which will make a qualitative shift in the area of urban movement in the region.
According to the report, the Gulf states have ambitious visions and distinguished resources that put them in a unique strategic location to seize this huge opportunity, noting that major projects, such as smart city initiatives in the Emirates and the “NEOM” project in Saudi Arabia, has already begun to integrate self -driving technologies, which provides ideal test environments that allow the development of these systems flexible, supported by ambitious development plans such as “Saudi Vision 2030” And “Emirates Vision 2071”.
It is expected that self -driving taxis will lead this sector, with the possibility of a $ 10 billion market in the Gulf Cooperation Council countries alone, as well as buses and drones for passengers.
Dr. Andreas Jesler, a partner in “Strategic & Middle East”, said that the Arab Gulf states are qualified not only to seize this investment opportunity, but to consolidate a global standard in this vital sector.
Mark Haddad, a partner in “Strategistic and Middle East”, explained that the Gulf Cooperation Council countries have a unique competitive advantage thanks to their investment capabilities and flexible organizational procedures.
He added that the real challenge lies in moving from the stage of experimental programs to wide and sustainable operation, which requires effective government support, integrated readiness for infrastructure, and smart incentives.
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