| Product Code: ETC4578340 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Saudi Arabia Vehicle Electrification Market relates to the electrification of vehicles, including hybrid and electric powertrains.
The Saudi Arabia vehicle electrification market is witnessing significant growth as the automotive industry shifts toward electrified and hybrid vehicles. Vehicle electrification technologies include electric powertrains and hybrid systems. The Saudi Arabia automotive sector and electrification technology providers are investing in advanced solutions to reduce emissions, enhance fuel efficiency, and contribute to market growth.
Electrification Adoption and Range Anxiety. Promoting the adoption of vehicle electrification technologies and addressing range anxiety among consumers pose key challenges in the Saudi Arabia Vehicle Electrification market. Encouraging the use of electrified vehicles and increasing driving range is vital.
The market for vehicle electrification, encompassing various electric components, faced challenges during the pandemic as manufacturing and supply chain disruptions impacted production. However, as environmental concerns drive vehicle electrification, this market is anticipated to recover.
Key players in the Saudi Arabia vehicle electrification market include Tesla, Inc., Nissan Motor Corporation, and BMW Group, offering electric vehicles and hybrid technology to promote vehicle electrification in the region.
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 Saudi Arabia Vehicle Electrification Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Vehicle Electrification Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Vehicle Electrification Market - Industry Life Cycle |
3.4 Saudi Arabia Vehicle Electrification Market - Porter's Five Forces |
3.5 Saudi Arabia Vehicle Electrification Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Saudi Arabia Vehicle Electrification Market Revenues & Volume Share, By Degree of Hybridization, 2021 & 2031F |
4 Saudi Arabia Vehicle Electrification Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives and incentives to promote vehicle electrification |
4.2.2 Growing awareness and concern for environmental sustainability |
4.2.3 Advancements in technology leading to increased efficiency and affordability of electric vehicles |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles compared to traditional vehicles |
4.3.2 Limited charging infrastructure, especially in rural areas |
4.3.3 Range anxiety among consumers due to limited driving range of electric vehicles |
5 Saudi Arabia Vehicle Electrification Market Trends |
6 Saudi Arabia Vehicle Electrification Market, By Types |
6.1 Saudi Arabia Vehicle Electrification Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Start/Stop System, 2021-2031F |
6.1.4 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Electric Power Steering (EPS), 2021-2031F |
6.1.5 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Electric Air-Conditioner Compressor, 2021-2031F |
6.1.6 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Electric Vacuum Pump, 2021-2031F |
6.1.7 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Electric Oil Pump, 2021-2031F |
6.1.8 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Electric Water Pump, 2021-2031F |
6.1.9 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Integrated Starter Generator (ISG), 2021-2031F |
6.1.10 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Integrated Starter Generator (ISG), 2021-2031F |
6.2 Saudi Arabia Vehicle Electrification Market, By Degree of Hybridization |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle, 2021-2031F |
6.2.3 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021-2031F |
6.2.4 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Plug-In Hybrid Electric Vehicle (PHEV), 2021-2031F |
6.2.5 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021-2031F |
6.2.6 Saudi Arabia Vehicle Electrification Market Revenues & Volume, By 48 V, 2021-2031F |
7 Saudi Arabia Vehicle Electrification Market Import-Export Trade Statistics |
7.1 Saudi Arabia Vehicle Electrification Market Export to Major Countries |
7.2 Saudi Arabia Vehicle Electrification Market Imports from Major Countries |
8 Saudi Arabia Vehicle Electrification Market Key Performance Indicators |
8.1 Number of charging stations installed across Saudi Arabia |
8.2 Average price of electric vehicles in the market |
8.3 Percentage of total vehicles registered in Saudi Arabia that are electric |
9 Saudi Arabia Vehicle Electrification Market - Opportunity Assessment |
9.1 Saudi Arabia Vehicle Electrification Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Saudi Arabia Vehicle Electrification Market Opportunity Assessment, By Degree of Hybridization, 2021 & 2031F |
10 Saudi Arabia Vehicle Electrification Market - Competitive Landscape |
10.1 Saudi Arabia Vehicle Electrification Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Vehicle Electrification Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |