Product Code: ETC5404993 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Bhutan Automotive Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 12.21% in 2027, following an initial rate of 7.80%, before easing to 5.66% at the end of the period.
The Automotive market in Bhutan is projected to grow at a high growth rate of 12.21% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan Automotive Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Automotive Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Automotive Market - Industry Life Cycle |
3.4 Bhutan Automotive Market - Porter's Five Forces |
3.5 Bhutan Automotive Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Bhutan Automotive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the Bhutanese population |
4.2.2 Improvement in road infrastructure and connectivity in Bhutan |
4.2.3 Government initiatives to promote electric vehicles and sustainable transportation |
4.3 Market Restraints |
4.3.1 High import duties on vehicles in Bhutan |
4.3.2 Limited availability of financing options for vehicle purchases |
4.3.3 Lack of skilled automotive technicians and service centers in Bhutan |
5 Bhutan Automotive Market Trends |
6 Bhutan Automotive Market Segmentations |
6.1 Bhutan Automotive Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Automotive Market Revenues & Volume, By Electric, 2021-2031F |
6.1.3 Bhutan Automotive Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
6.1.4 Bhutan Automotive Market Revenues & Volume, By Plug-In Hybrid Electric, 2021-2031F |
6.1.5 Bhutan Automotive Market Revenues & Volume, By Mild Hybrid, 2021-2031F |
6.1.6 Bhutan Automotive Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.7 Bhutan Automotive Market Revenues & Volume, By Fuel Cell Electric, 2021-2031F |
6.1.9 Bhutan Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
6.1.10 Bhutan Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
7 Bhutan Automotive Market Import-Export Trade Statistics |
7.1 Bhutan Automotive Market Export to Major Countries |
7.2 Bhutan Automotive Market Imports from Major Countries |
8 Bhutan Automotive Market Key Performance Indicators |
8.1 Average age of vehicles in Bhutan |
8.2 Number of electric vehicle charging stations in Bhutan |
8.3 Percentage of vehicles meeting emission standards in Bhutan |
8.4 Average annual mileage of vehicles in Bhutan |
8.5 Number of automotive training programs and certifications offered in Bhutan |
9 Bhutan Automotive Market - Opportunity Assessment |
9.1 Bhutan Automotive Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Bhutan Automotive Market - Competitive Landscape |
10.1 Bhutan Automotive Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Automotive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |