Market Forecast By Vehicle Type (Hatchback, Sedan, Sports Utility Vehicle), By Fuel Type (Gasoline, Diesel, Electric) And Competitive Landscape
Product Code: ETC6274180 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 62 | No. of Figures: 15 | No. of Tables: 2 | |
Bahrain Passenger Vehicle Market Report thoroughly covers the market by fuel type, and vehicle type. Bahrain Passenger Vehicle Market Outlook report provides an unbiased and detailed analysis of the ongoing Bahrain Passenger Vehicle Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
Bahrain passenger vehicle market has grown in recent years, driven by a booming tourism sector. This strong momentum boosted demand for passenger vehicles, as increased tourist inflows created greater need for rentals, ride-hailing, and private transport to access key attractions. The market further expanded due to rapid urbanisation, driven by growing expatriate workforce, economic transformation and an urban population share, has expanded Bahrain's passenger vehicle market, as demand for mobility solutions grew with the evolving urban landscape.
According to 6Wresearch, Bahrain Passenger Vehicle Market revenue is projected to grow at a CAGR of 3.4% during 2025-2031F. Bahrain passenger vehicle market is set for significant growth, fueled by rising electric vehicle adoption driven by international partnerships, such as Xpeng’s collaboration with Ebrahim K. Kanoo to launch EV models G6 SUV, G9 SUV, and X9 MPV in Bahrain in H2 2025. Along with the planned expansion of charging infrastructure, starting with establishing pilot charging stations in key urban centers and highways by 2025–2027, and extending to residential areas and public spaces by 2027–2030.
Expansion of charging infrastructure, and the entry of global players are expected to diversify offerings, boost consumer confidence, and drive demand for electric passenger vehicles across the Kingdom, thereby supporting overall market expansion. Additionally, Bahrain’s travel and tourism sector contributed the massive growth of the industry. This growth in the tourism sector is expected to further boost demand for passenger vehicles, driven by the rising need for transportation solutions to accommodate increasing tourist arrivals, thereby supporting market expansion in the years ahead.
By 2031, Internal Combustion Engine vehicles are expected to continue holding the highest volume share in the market, driven by the affordability of ICE vehicles, the extensive service network available for repairs and maintenance, and their compatibility with the existing fueling infrastructure. Furthermore, the country’s stable fuel pricing and ongoing investments in road development under Bahrain Vision 2030 are expected to sustain demand for ICE vehicles in the coming years. However, EV segment would experience significant growth, due to government’s support for sustainable technologies, including incentives for EV purchases such as tax exemptions & subsidies which is making EVs more affordable. In addition, as environmental awareness increases and consumers become more conscious of the need to reduce their carbon footprint, the demand for EVs would steadily rise.
By 2031, SUVs and Utility Vehicles are expected to dominate revenue in Bahrain’s Passenger Vehicle Market by vehicle type, supported by rising consumer demand for spacious, versatile, and road-adaptable models. Government-backed infrastructure development, increasing urbanization, and lifestyle shifts are encouraging adoption. Automakers are responding with more fuel-efficient and tech-enabled SUV offerings, positioning the segment as central to future market expansion.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope and Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Bahrain Passenger Vehicle Market Overview |
3.1 Bahrain Passenger Vehicle Market Volume (2021-2031F) |
3.2 Bahrain Passenger Vehicle Market Industry Life Cycle |
3.3 Bahrain Passenger Vehicle Market Porter Five Forces |
4. Bahrain Passenger Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Bahrain Passenger Vehicle Market Trends and Evolution |
6. Bahrain Passenger Vehicle Market Overview, By Fuel Type |
6.1. Bahrain Passenger Vehicle Market Volume and Volume Share, By Fuel Type, 2024 & 2031F |
6.1.1 Bahrain Passenger Vehicle Market Volume, By ICE, 2021-2031F |
6.1.2 Bahrain Passenger Vehicle Market Volume, By EV, 2021-2031F |
7. Bahrain Passenger Vehicle Market Overview, By Vehicle Type |
7.1. Bahrain Passenger Vehicle Market Volume and Volume Share, By Vehicle Type, 2024 & 2031F |
7.1.1 Bahrain Passenger Vehicle Market Volume, By SUV and Utility Vehicle, 2021-2031F |
7.1.2 Bahrain Passenger Vehicle Market Volume, By Sedan, 2021-2031F |
7.1.3 Bahrain Passenger Vehicle Market Volume, By Hatchback, 2021-2031F |
8. Bahrain Passenger Vehicle Market Key Performance Indicators |
9. Bahrain Passenger Vehicle Market Opportunity Assessment |
9.1 Bahrain Passenger Vehicle Market Opportunity Assessment, By Fuel Type (2031F) |
9.2 Bahrain Passenger Vehicle Market Opportunity Assessment, By Vehicle Type (2031F) |
10. Bahrain Passenger Vehicle Market Competitive Landscape |
10.1 Bahrain Passenger Vehicle Market Volume Share (2024) By Top 3 Companies |
10.2 Bahrain Passenger Vehicle Market Competitive Benchmarking, By Technical and Operating Parameters |
11. Company Profiles |
11.1 Toyota Motor Corporation |
11.2 Nissan Motor Co. Ltd |
11.3 Isuzu Motors Limited |
11.4 Ford Motor Company |
11.5 MG Motor |
11.6 Hyundai Motor Company |
11.7 Changan Automobile Co., Ltd. |
11.8 Great Wall Motor Co. Ltd. |
11.9 Mazda Motor Corporation |
11.10 Mitsubishi Motors Corporation |
12. Key Strategic Recommendations |
13. Disclaimer |
List Of Figures |
1. Bahrain Passenger Vehicle Market Volume, 2021-2031F (Units) |
2. Bahrain Charging Station For Electric Cars |
3. Bahrain % of Urban Population Out of Total Population (2021-2035) |
4. Bahrain Total Population (2021-2035) |
5. Bahrain Passenger Vehicle Market Volume Share, By Fuel Type, 2024 & 2031F |
6. Bahrain Passenger Vehicle Market Volume Share, By Vehicle Type, 2024 & 2031F |
7. Bahrain International Arrivals Vs Inbound Tourism Flows, in Thousand (2020-2023) |
8. Bahrain Travel & Tourism Contribution to GDP: Domestic vs Foreign, (2023) |
9. Bahrain Total Inbound Tourism Receipts, in $ billion (2020-2023) |
10. Bahrain Tourism Statistics, as of 2023 |
11. Bahrain Passenger and Commercial Vehicle Sales, in Units (2019-2023) |
12. Bahrain Top 5 Automotive Brands by Sales Volume, in Units (2020-2023) |
13. Bahrain Passenger Vehicle Market Opportunity Assessment, By Fuel Type, 2031F |
14. Bahrain Passenger Vehicle Market Opportunity Assessment, By Vehicle Type, 2031F |
15. Bahrain Passenger Vehicle Market Volume Share, By Companies, 2024 |
List Of Tables |
1. Bahrain Passenger Vehicle Market Volume, By Fuel Type, 2021-2031F, (Units) |
2. Bahrain Passenger Vehicle Market Volume, By Vehicle Type, 2021-2031F, (Units) |