United Arab Emirates (UAE) Passenger Car Market | Industry, Size, Analysis, Companies, Value, Forecast, COVID-19 IMPACT, Share, Revenue, Growth, Outlook & Trends

Market Forecast By Type (Hatchback, Sedan, Utility Vehicle), By Fuel Type (Gasoline, Diesel, Others), By Engine Capacity (<1000 cc, <1000-1500 cc, <1500-2000 cc, >2000 cc), By Propulsion Type (IC Engine, Electric Vehicle) And Competitive Landscape
Product Code: ETC172739 Publication Date: Jan 2022 Updated Date: Jan 2024 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

United Arab Emirates (UAE) Passenger Car MarketSynopsis

The United Arab Emirates (UAE) passenger car market is a significant segment of the country`s automotive industry, driven by factors such as the UAE growing population, rising urbanization, and increasing disposable income levels. Passenger cars are the most popular mode of personal transportation in the UAE, catering to individual commuting needs and leisure activities. The market is supported by the UAE expanding road infrastructure, the preference for luxury and high-performance vehicles, and the government`s focus on promoting sustainable and eco-friendly transportation solutions.

Key Drivers of the Market

One of the key drivers of the UAE passenger car market is the country`s growing population and urbanization. As more people move to urban centers, the demand for personal vehicles, especially passenger cars, increases. Additionally, the rising disposable income levels in the UAE have led to an increase in consumer spending on luxury and high-end cars, contributing to the growth of the passenger car market. The UAE status as a global travel and tourism hub also drives the demand for rental and leisure cars.

Key Challenges of the Market

Despite the positive growth prospects, the UAE passenger car market faces certain challenges. One of the main challenges is the impact of changing consumer preferences and the shift towards sustainable mobility. As global concerns about climate change and environmental sustainability increase, there is a growing demand for electric and hybrid vehicles in the UAE. Ensuring the availability of charging infrastructure and promoting electric vehicle adoption presents a challenge for the market. Moreover, the dependence on imported vehicles and fluctuating exchange rates can affect car prices and affordability.

Covid-19 Impact on the Market

The COVID-19 pandemic had a significant impact on the global automotive industry, including the passenger car market in the UAE. During the pandemic, movement restrictions and economic uncertainties affected vehicle sales and production. The automotive sector experienced a temporary slowdown, with decreased consumer spending on non-essential items, including cars. However, as economic activities resumed and restrictions eased, the passenger car market started to recover, driven by the country`s efforts to revitalize the economy and the preference for personal vehicles for safer commuting.

Key Players of the Market

Key players in the market include companies that offer a wide range of passenger car models catering to different consumer segments and preferences. Some of the key players in the market include Toyota Motor Corporation, Nissan Motor Corporation, BMW Group, and Mercedes-Benz AG. These companies are known for their diverse portfolio of passenger cars, offering innovative and technologically advanced vehicles to meet the diverse transportation needs in the UAE.

Key Highlights of the Report:

  • United Arab Emirates (UAE) Passenger Car Market Outlook
  • Market Size of United Arab Emirates (UAE) Passenger Car Market, 2023
  • Forecast of United Arab Emirates (UAE) Passenger Car Market, 2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Revenues & Volume for the Period 2020-2030
  • United Arab Emirates (UAE) Passenger Car Market Trend Evolution
  • United Arab Emirates (UAE) Passenger Car Market Drivers and Challenges
  • United Arab Emirates (UAE) Passenger Car Price Trends
  • United Arab Emirates (UAE) Passenger Car Porter's Five Forces
  • United Arab Emirates (UAE) Passenger Car Industry Life Cycle
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Type for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Hatchback for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Sedan for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Utility Vehicle for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Fuel Type for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Gasoline for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Diesel for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Others for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Engine Capacity for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By <1000 cc for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By <1000-1500 cc for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By <1500-2000 cc for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By >2000 cc for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Propulsion Type for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By IC Engine for the Period 2020-2030
  • Historical Data and Forecast of United Arab Emirates (UAE) Passenger Car Market Revenues & Volume By Electric Vehicle for the Period 2020-2030
  • United Arab Emirates (UAE) Passenger Car Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Fuel Type
  • Market Opportunity Assessment By Engine Capacity
  • Market Opportunity Assessment By Propulsion Type
  • United Arab Emirates (UAE) Passenger Car Top Companies Market Share
  • United Arab Emirates (UAE) Passenger Car Competitive Benchmarking By Technical and Operational Parameters
  • United Arab Emirates (UAE) Passenger Car Company Profiles
  • United Arab Emirates (UAE) Passenger Car Key Strategic Recommendations

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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 United Arab Emirates (UAE) Passenger Car Market Overview

3.1 United Arab Emirates (UAE) Country Macro Economic Indicators

3.2 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, 2020 & 2030F

3.3 United Arab Emirates (UAE) Passenger Car Market - Industry Life Cycle

3.4 United Arab Emirates (UAE) Passenger Car Market - Porter's Five Forces

3.5 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume Share, By Fuel Type, 2020 & 2030F

3.7 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume Share, By Engine Capacity, 2020 & 2030F

3.8 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume Share, By Propulsion Type, 2020 & 2030F

4 United Arab Emirates (UAE) Passenger Car Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 United Arab Emirates (UAE) Passenger Car Market Trends

6 United Arab Emirates (UAE) Passenger Car Market, By Types

6.1 United Arab Emirates (UAE) Passenger Car Market, By Type

6.1.1 Overview and Analysis

6.1.2 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By Type, 2020-2030F

6.1.3 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By Hatchback, 2020-2030F

6.1.4 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By Sedan, 2020-2030F

6.1.5 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By Utility Vehicle, 2020-2030F

6.2 United Arab Emirates (UAE) Passenger Car Market, By Fuel Type

6.2.1 Overview and Analysis

6.2.2 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By Gasoline, 2020-2030F

6.2.3 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By Diesel, 2020-2030F

6.2.4 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By Others, 2020-2030F

6.3 United Arab Emirates (UAE) Passenger Car Market, By Engine Capacity

6.3.1 Overview and Analysis

6.3.2 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By <1000 cc, 2020-2030F

6.3.3 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By <1000-1500 cc, 2020-2030F

6.3.4 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By <1500-2000 cc, 2020-2030F

6.3.5 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By >2000 cc, 2020-2030F

6.4 United Arab Emirates (UAE) Passenger Car Market, By Propulsion Type

6.4.1 Overview and Analysis

6.4.2 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By IC Engine, 2020-2030F

6.4.3 United Arab Emirates (UAE) Passenger Car Market Revenues & Volume, By Electric Vehicle, 2020-2030F

7 United Arab Emirates (UAE) Passenger Car Market Import-Export Trade Statistics

7.1 United Arab Emirates (UAE) Passenger Car Market Export to Major Countries

7.2 United Arab Emirates (UAE) Passenger Car Market Imports from Major Countries

8 United Arab Emirates (UAE) Passenger Car Market Key Performance Indicators

9 United Arab Emirates (UAE) Passenger Car Market - Opportunity Assessment

9.1 United Arab Emirates (UAE) Passenger Car Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 United Arab Emirates (UAE) Passenger Car Market Opportunity Assessment, By Fuel Type, 2020 & 2030F

9.3 United Arab Emirates (UAE) Passenger Car Market Opportunity Assessment, By Engine Capacity, 2020 & 2030F

9.4 United Arab Emirates (UAE) Passenger Car Market Opportunity Assessment, By Propulsion Type, 2020 & 2030F

10 United Arab Emirates (UAE) Passenger Car Market - Competitive Landscape

10.1 United Arab Emirates (UAE) Passenger Car Market Revenue Share, By Companies, 2023

10.2 United Arab Emirates (UAE) Passenger Car Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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