Qatar Electric Vehicle Market Outlook (2022-2028) | Size, Share, Trends, Growth, Revenue, Analysis, Forecast, industry, Value, Outlook & COVID-19 IMPACT

Market Forecast By Vehicle Types (Two-Wheeler, Passenger Vehicle, Bus, Trucks), By Regions (Western, Southern, Eastern, Central), And by Competitive Landscape.

Product Code: ETC072111 Publication Date: Feb 2023 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 80 No. of Figures: 12 No. of Tables: 8

Qatar Electric Vehicle Market report comprehensively covers the market by vehicle types and regions. Qatar electric vehicle market report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest 2023 Development of the Qatar Electric Vehicle Market

Qatar Electric Vehicle Market is in its early stages of development. However, it is expected to grow in the coming years due to growing concerns regarding air pollution and the need for more sustainable transportation solutions. The market has encountered various developments such as government initiatives, investment in charging infrastructure, and so forth. The government has launched several initiatives to promote the adoption of EVs in Qatar such as tax incentives for EV buyers and the expansion of charging infrastructure. In addition, companies and the government are investing in the development of charging infrastructure which includes fast charging stations to support the growth of the EV market in Qatar.

Qatar is partnering with global automakers to bring electric and hybrid vehicles to the country and support the growth of the industry. The expansion of car-sharing services in Qatar is increasing that offer EVs as part of their fleets to satisfy environmentally conscious consumers. There is a growing demand for luxury EVs in Qatar, with automakers such as Audi, Tesla, and Porsche offering their latest models. The electric vehicle market in Qatar is expected to continue its growth mainly due to government initiatives and increasing demand for sustainable transportation solutions that are energy efficient.

Qatar Electric Vehicle Market Synopsis

Qatar electric vehicle market is projected to register exponential growth during the forecast period on account of government initiatives such as the ‘Green Car Initiative’ which was launched by Qatar General Electricity & Water Corporation (Kahramaa), in collaboration with the Ministry of Energy and Industry and the Ministry of Transport and Communications (MoTC) to increase the number of electric cars in the country and contribute to achieving the sustainability targets set under Qatar National Vision 2030. However, Qatar's electric vehicle market is at a nascent stage, the market witnessed minimum sales in the previous few years due to the outbreak of the Covid-19 pandemic.

Qatar Electric Vehicle Market Overview

According to 6Wresearch, Qatar electric vehicle market size grew at a CAGR of 31.4% during 2022-2028. By 2022, Qatar's Ministry of Transport and Communications (MoTC) aims to make 25% of the public transit bus fleet in Qatar electric, as part of its electric vehicle strategy to provide safe, reliable, and eco-friendly services in line with the pillars of the Qatar National Vision 2030 for social, economic and environmental development. Public buses, government school buses, and Doha Metro feeder buses are expected to gradually shift to electrification, thereby contributing to achieving emission targets from buses by 2030. The electrified buses are to be used during the FIFA World Cup Qatar 2022, making it the first championship where electric mass transit buses would be deployed.

Market Analysis By Vehicle Types     

In 2021, commercial vehicles garnered most of the revenue and volume share in Qatar electric vehicles market and are further expected to lead the growth of electric vehicles in the country. The primary reason for the growth of the electric commercial vehicles sector was the government’s Electric Vehicle Strategy comprised of gradual electrification of the bus system including school, public and metro feeder buses.

Qatar Electric Vehicle Market segmentation

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 6 Years Market Numbers.
  • Estimated Data Starting from 2022F to 2028F.
  • Base Year: 2021
  • Forecast Data until 2028F.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Qatar Electric Vehicle Market Overview
  • Qatar Electric Vehicle Market Outlook
  • Qatar Electric Vehicle Market Forecast
  • Historical Data and Forecast Qatar Electric Vehicle Market Revenues and Volume for the Period 2018-2028F
  • Historical Data and Forecast of Qatar Electric Vehicle Market Revenues and Volume, By Vehicle Types, for the Period 2018-2028F
  • Historical Data and Forecast of Qatar Electric Vehicle Market Revenues and Volume, By Countries, for the Period 2018-2028F
  • Market Drivers and Restraints
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Impact Analysis of COVID-19
  • Market Trends
  • Qatar Vehicle Market Revenue Ranking, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Vehicle Types

  • Passenger Cars
  • Two Wheelers
  • Buses
  • Trucks

By Regions

  • Western
  • Southern
  • Eastern
  • Central
Qatar Electric Vehicle Market: FAQs
Government support and initiatives aiming to promote electric vehicles and increasing concerns over carbon emissions are the factors propelling the market growth.
The high cost associated with electric vehicles and the limited availability of electric vehicle models in the country is restraining the market to grow further.
Yes, the market for Electric vehicles continues to grow in the forthcoming years owing to the availability of charging infrastructure in Qatar.
The increasing demand for eco-friendly transportation options and growing demand for electric vehicles in the tourism sector are some of the opportunities for the market.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope and Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Qatar Electric Vehicle Market Overview
3.1 Qatar Electric Vehicle Market Revenues and Volume (2018-2028F)
3.2 Qatar Electric Vehicle Market Industry Life Cycle
3.3 Qatar Electric Vehicle Market Porter’s Five Forces Model
3.4 Qatar Electric Vehicle Market Revenue and Volume Share, By Vehicle Types (2021E & 2028F)
4. Impact Analysis of COVID-19 on Qatar Electric Vehicle Market
5. Qatar Electric Vehicle Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. Qatar Electric Vehicle Market Trends & Evolution
7. Qatar Electric Vehicle Market Overview
7.1 Qatar Electric Vehicle Market Revenues and Volume (2018-2028F)
7.2 Qatar Electric Vehicle Market Revenue and Volume Share, By Vehicle Types (2021E & 2028F)
7.3 Qatar Electric Vehicle Market Revenues and Volume, By Vehicle Types (2018-2028F)
7.3.1 Qatar Electric Vehicle Market Revenues and Volume, By Passenger Cars (2018-2028F)
7.3.2 Qatar Electric Vehicle Market Revenues and Volume, By Commercial Vehicles (2018-2028F)
7.3.3 Qatar Electric Vehicle Market Revenues and Volume, By Two Wheelers (2018-2028F)
7.4 Qatar Electric Vehicle Market - Key Performance Indicators
7.5 Qatar Electric Vehicle Market - Opportunity Assessment
7.6 Qatar Electric Vehicle Market Revenue Share/Ranking, By Companies (2021E)
8. Qatar Electric Vehicle Market - Price Trend Analysis
9. Qatar Electric Vehicle Market Competitive Landscape
9.1 Qatar Electric Vehicle Market Competitive Benchmarking, By Operating Parameters
10. Company Profiles
10.1 Nissan Motor Co, Ltd.
10.2 Tesla, Inc.
10.3 Hyundai Motor Company
10.4 Toyota Motor Corporation
10.5 The Volkswagen AG
10.6 General Motors Company
10.7 Lucid Group, Inc.,
10.8 Zhengzhou Yutong Bus Co. Ltd.
10.9 BMW Group
10.10 MG Motors
11. Key Strategic Recommendations
12. Disclaimer
List of Figures
1. Qatar Electric Vehicle Market Revenues and Volume, 2018-2028F ($ Million, Units)
2. Qatar Electric Vehicle Market Revenue Share, By Vehicle Types, 2021E & 2028F
3. Qatar Electric Vehicle Market Volume Share, By Vehicle Types, 2021E & 2028F`
4. Qatar Electric Vehicle Market Revenue Share, By Countries, 2021E & 2028F
5. GDP Share of Oil and Gas Sector in Qatar, 2020
6. PM2.5 concentration in Qatar countries, 2020
7. Electric car battery prices, 2010-2025F, USD/kWh
8. Qatar Electric Vehicle Market Revenues and Volume, 2018-2028F ($ Million, Units)
9. Qatar Electric Vehicle Market Revenues and Volume, 2018-2028F ($ Million, Units)
10. Qatar Electric Vehicle Market Volume Share, By Vehicle Types, 2021E & 2028F
11. Total Imports of Motor Vehicles in Qatar, 2017-2020 ($ Thousand)
12. Distribution of EV Connectors in 2021
13. Qatar Electric Vehicle Market Opportunity Assessment, By Vehicle Types, 2028F
14. Qatar Electric Vehicle Market Revenue Ranking, By Companies, 2021E
List of Tables
1. Emission targets and carbon emission by Qatar countries in 2020
2. Fuel prices in different countries, 2021
3. Qatar Electric Vehicle Market Revenues, By Vehicle Types, 2018-2028F ($ Million)
4. Qatar Electric Vehicle Market Volume, By Vehicle Types, 2018-2028F (Units)
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