Middle East Electric Vehicle Market (2020-2026)

Market Forecast By Vehicle Types (Two-Wheeler, Passenger Vehicle, Bus, Trucks), By Countries (Saudi Arabia, Qatar, UAE, Kuwait, Oman, Turkey, Bahrain, Rest of Middle East) and competitive landscape

Product Code: ETC002545 Publication Date: May 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Middle East electric vehicle market is expected to register significant growth over the coming years. Although oil constitutes a major source of national revenue and domestic fuel of several Middle Eastern countries, the respective governments are focusing on renewable energy and clean transportation technologies along with the implementation of economic and energy diversification plans. Moreover, favorable government policies, incentives, and lucrative offers to promote the adoption of electric vehicles are certain factors, which would drive the market growth significantly over the coming years in the region.

According to 6Wresearch, Middle East Electric Vehicle Market size is anticipated to register growth during 2020-2026. In the Middle East region, countries such as Saudi Arabia and UAE are becoming early adopters of electric vehicles. The Saudi Arabian Standards Organization (SASO) has plans to issue regulation for the use of electric vehicles. In UAE, the Road Transport Authority (RTA) has issued advisory and working for the development of efficient charging stations in the country. The government efforts are encouraging the usage of green energy and the promotion of electric vehicles by providing incentives to the consumer, which would propel the growth of the electric vehicle market in the Middle East. However, the growth is anticipated to slow down during the first half of 2020-2021 due to coronavirus pandemic but likely to get back on track with normal business operations and economic recovery during the second half of 2020-2021.

In the Middle East, the passenger vehicle segment share is expected to dominate the overall electric vehicle market during the forecast period. Also, there has been a significant increase in the demand for electric two-wheelers in the past few years across several Middle Eastern countries owing to factors such as cost efficiency and wider usage and the two-wheeler segment is expected to grow further at a healthy pace over the coming years.

The Middle East electric vehicle market report comprehensively covers the market by vehicle types and countries including Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain, Turkey, and the rest of the Middle East. The Middle East electric vehicle market outlook provides an unbiased and detailed analysis of the Middle East Electric vehicle market trends, opportunities, high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

 Key Highlights of the Report:

  • Middle East Electric Vehicle Market Overview
  • Middle East Electric Vehicle Market Outlook
  • Middle East Electric Vehicle Market Forecast
  • Historical Data of Middle East Electric Vehicle Market Revenues for the Period 2016-2019
  • Middle East Electric Vehicle Market Size and Middle East Electric Vehicle Market Forecast Until 2026
  • Historical Data and Forecast of Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain, and Turkey Electric Vehicle Market Revenues for the period, 2016-2026
  • Historical Data and Forecast of Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain, and Turkey Electric Vehicle Market Revenues, By Vehicle Types, for the period 2016-2026
  • Market Drivers and Restraints
  • Middle East Electric Vehicle Market Trends
  • Middle East Electric Vehicle Industry Life Cycle
  • Porter’s Five Force Analysis
  • Middle East Electric Vehicle Market Opportunity Assessment
  • Middle East Electric Vehicle Market Revenue Share, By Company
  • Middle East Electric Vehicle Market Revenue Share, By Country
  • Middle East Electric Vehicle Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

 Markets Covered

The Middle East electric vehicle market report provides a detailed analysis of the following market segments:

  • By Vehicle Types
    • Passenger Vehicle
    • Two-Wheelers
    • Bus
    • Truck

  • By Countries
    • Saudi Arabia
    • United Arab Emirates
    • Qatar
    • Oman
    • Kuwait
    • Bahrain
    • Turkey
    • Rest of Middle East

Other Key Related Reports Include:

  • Africa Electric Vehicle Market Report
  • Europe Electric Vehicle Market Report
  • Asia Pacific Electric Vehicle Market Report
  • Latin America Electric Vehicle Market Report

TABLE OF CONTENTS

1. Executive Summary

2. Introduction

2.1 Report Description

2.2 Key Highlights

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3. Middle East Electric Vehicle Market Overview

3.1 Middle East Electric Vehicle Market Revenues and Volume, 2016-2026F

3.2 Middle East Electric Vehicles Market- Industry Life Cycle, 2019

3.3 Middle East Electric Vehicles - Porter’s Five Forces

3.4 Middle East Electric Vehicle Market Revenue Share, By Countries, 2019 & 2026F

4. Middle East Electric Vehicle Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5. Middle East Electric Vehicle Market Trends

6. Saudi Arabia Electric Vehicle Market Overview

6.1 Saudi Arabia Country Indicators

6.2 Saudi Arabia Electric Vehicle Market Revenues and Volume, 2016-2026F

6.3 Saudi Arabia Electric Vehicle Market Revenue Share, By Vehicle Types, 2019 & 2026F

6.3.1 Saudi Arabia Electric Passenger Vehicle Market Revenues and Volume, 2016-2026F

6.3.2 Saudi Arabia Electric Bus Market Revenues and Volume, 2016-2026F

6.3.3 Saudi Arabia Electric Two-Wheelers Market Revenues and Volume, 2016-2026F

6.3.4 Saudi Arabia Electric Truck Market Revenues and Volume, 2016-2026F

6.3.5 Saudi Arabia Electric Vehicle Market- Key Performace Indicators

7. UAE Electric Vehicle Market Overview

7.1 UAE Country Indicators

7.2 UAE Electric Vehicle Market Revenues and Volume, 2016-2026F

7.3 UAE Electric Vehicle Market Revenue Share, By Vehicle Types, 2019 & 2026F

7.3.1 UAE Electric Passenger Vehicle Market Revenues and Volume, 2016-2026F

7.3.2 UAE Electric Bus Market Revenues and Volume, 2016-2026F

7.3.3 UAE Electric Two-Wheelers Market Revenues and Volume, 2016-2026F

7.3.4 UAE Electric Truck Market Revenues and Volume, 2016-2026F

7.3.5 UAE Electric Vehicle Market- Key Performace Indicators

8. Qatar Electric Vehicle Market Overview

8.1 Qatar Country Indicators

8.2 Qatar Electric Vehicle Market Revenues and Volume, 2016-2026F

8.3 Qatar Electric Vehicle Market Revenue Share, By Vehicle Types, 2019 & 2026F

8.3.1 Qatar Electric Passenger Vehicle Market Revenues and Volume, 2016-2026F

8.3.2 Qatar Electric Bus Market Revenues and Volume, 2016-2026F

8.3.3 Qatar Electric Two-Wheelers Market Revenues and Volume, 2016-2026F

8.3.4 Qatar Electric Truck Market Revenues and Volume, 2016-2026F

8.3.5 Qatar Electric Vehicle Market- Key Performace Indicators

9. Oman Electric Vehicle Market Overview

9.1 Oman Country Indicators

9.2 Oman Electric Vehicle Market Revenues and Volume, 2016-2026F

9.3 Oman Electric Vehicle Market Revenue Share, By Vehicle Types, 2019 & 2026F

9.3.1 Oman Electric Passenger Vehicle Market Revenues and Volume, 2016-2026F

9.3.2 Oman Electric Bus Market Revenues and Volume, 2016-2026F

9.3.3 Oman Electric Two-Wheelers Market Revenues and Volume, 2016-2026F

9.3.4 Oman Electric Truck Market Revenues and Volume, 2016-2026F

9.3.5 Oman Electric Vehicle Market- Key Performace Indicators

10. Kuwait Electric Vehicle Market Overview

10.1 Kuwait Country Indicators

10.2 Kuwait Electric Vehicle Market Revenues and Volume, 2016-2026F

10.3 Kuwait Electric Vehicle Market Revenue Share, By Vehicle Types, 2019 & 2026F

10.3.1 Kuwait Electric Passenger Vehicle Market Revenues and Volume, 2016-2026F

10.3.2 Kuwait Electric Bus Market Revenues and Volume, 2016-2026F

10.3.3 Kuwait Electric Two-Wheelers Market Revenues and Volume, 2016-2026F

10.3.4 Kuwait Electric Truck Market Revenues and Volume, 2016-2026F

10.3.5 Kuwait Electric Vehicle Market- Key Performace Indicators

11. Bahrain Electric Vehicle Market Overview

11.1 Bahrain Country Indicators

11.2 Bahrain Electric Vehicle Market Revenues and Volume, 2016-2026F

11.3 Bahrain Electric Vehicle Market Revenue Share, By Vehicle Types, 2019 & 2026F

11.3.1 Bahrain Electric Passenger Vehicle Market Revenues and Volume, 2016-2026F

11.3.2 Bahrain Electric Bus Market Revenues and Volume, 2016-2026F

11.3.3 Bahrain Electric Two-Wheelers Market Revenues and Volume, 2016-2026F

11.3.4 Bahrain Electric Truck Market Revenues and Volume, 2016-2026F

11.3.5 Bahrain Electric Vehicle Market- Key Performace Indicators

12. Turkey Electric Vehicle Market Overview

12.1 Turkey Country Indicators

12.2 Turkey Electric Vehicle Market Revenues and Volume, 2016-2026F

12.3 Turkey Electric Vehicle Market Revenue Share, By Vehicle Types, 2019 & 2026F

12.3.1 Turkey Electric Passenger Vehicle Market Revenues and Volume, 2016-2026F

12.3.2 Turkey Electric Bus Market Revenues and Volume, 2016-2026F

12.3.3 Turkey Electric Two-Wheelers Market Revenues and Volume, 2016-2026F

12.3.4 Turkey Electric Truck Market Revenues and Volume, 2016-2026F

12.3.5 Turkey Electric Vehicle Market- Key Performace Indicators

13. Rest of Middle East Electric Vehicle Market Overview

13.1 Rest of Middle East Electric Vehicle Market Revenues, 2016-2026F

14. Middle East Electric Vehicle Market Opportunity Assessment

14.1 Saudi Arabia Electric Vehicle Market Opportunity Assessment, By Vehicle Types

14.2 UAE Electric Vehicle Market Opportunity Assessment, By Vehicle Types

14.3 Qatar Electric Vehicle Market Opportunity Assessment, By Vehicle Types

14.4 Oman Electric Vehicle Market Opportunity Assessment, By Vehicle Types

14.5 Kuwait Electric Vehicle Market Opportunity Assessment, By Vehicle Types

14.6 Bahrain Electric Vehicle Market Opportunity Assessment, By Vehicle Types

14.7 Turkey Electric Vehicle Market Opportunity Assessment, By Vehicle Types

15. Middle East Electric Vehicle Market Competitive Landscape

15.1 Middle East Electric Vehicle Market Revenue Share, By Company

15.1.1 Saudi Arabia Electric Vehicle Market Revenue Share, By Company, 2019

15.1.2 UAE Electric Vehicle Market Revenue Share, By Company, 2019

15.1.3 Qatar Electric Vehicle Market Revenue Share, By Company, 2019

15.1.4 Oman Electric Vehicle Market Revenue Share, By Company, 2019

15.1.5 Kuwait Electric Vehicle Market Revenue Share, By Company, 2019

15.1.6 Bahrain Electric Vehicle Market Revenue Share, By Company, 2019

15.1.7 Turkey Electric Vehicle Market Revenue Share, By Company, 2019

15.2 Middle East Electric Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters

16. Company Profiles

17. Key Strategic Recommendations

18. Disclaimer

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